Articles by Joseph Lazzaro
- Obama Lead Over Romney Slips To 2 Points: Poll
October 05 2012 3:27 PM
President Barack Obama's lead over Republican challenger Mitt Romney has narrowed to just 2 percentage points since Romney's strong performance in their first debate, a new poll indicated.
- Merkel To Visit Greece Next Week
October 05 2012 11:03 AM
German Chancellor Angela Merkel will make her first visit to Greece next week since the euro zone debt crisis erupted, in a show of support for Athens after it said it will run out of money at the end of November without fresh international aid.
- Lehman Brokerage, Europe Unit, Settle $38B In Claims
October 05 2012 9:29 AM
The U.S. brokerage unit and a European unit of the former Lehman Brothers Holdings Inc. said they settled a dispute over $38 billion in claims over client and creditor assets, a major step toward allowing customers and creditors to recover money.
- US Presidential Debate 'Live Blog' Starts 7:30 PM EDT
October 03 2012 11:01 AM
Look for Live Debate coverage here at the International Business Times beginning at 7:30 p.m. EDT.
- France Prosecutor Drops Strauss-Kahn Rape Probe
October 02 2012 9:19 AM
A French prosecutor has dropped an investigation into former International Monetary Fund Chief Domique Strauss-Kahn's alleged connection to a possible gang rape in Washington, CNN reported Tuesday.
- Fed's Bernanke Rigorously Defends QE3
October 01 2012 3:29 PM
U.S. Federal Reserve Chairman Ben Bernanke Monday robustly defended the bank's unconventional program to stimulate the U.S. economy, quantitative easing.
- White House Says It Thwarted Cyberattack
October 01 2012 1:55 PM
The Obama administration confirmed an attempted cyber attack on its computer system, but said it thwarted the attack, according to a published report.
- Russia Bans Controversial Anti-Islam Video
October 01 2012 1:12 PM
A Russian court paved the way for a potential closure of video-sharing website YouTube by banning an anti-Islam video on Monday that sparked violent protests across the Muslim world.
- US Consumer Sentiment Rises To 4-Month High
September 28 2012 10:15 AM
U.S. consumer sentiment rose to its highest level in four months in September as Americans saw better prospects for the job market and economy, a survey released on Friday showed.
- Bank Of America Settles Shareholder Suit For $2.43B
September 28 2012 9:15 AM
Bank of America (BAC.N) said it will pay $2.43 billion to settle a class action lawsuit with investors who held its securities at the time the company announced plans to acquire Merrill Lynch.
- EU Want $12B/Yr Trade Sanction On US For Boeing
September 27 2012 9:27 AM
The European Union asked the World Trade Organization on Thursday for the right to impose annual trade sanctions worth up to $12 billion on the United States in retaliation for illegal subsidies to plane maker Boeing (NYSE: BA.N).
- Romney, Ryan Face Tough Road In Ohio
September 26 2012 7:35 AM
Facing a tough path to victory if they cannot win Ohio, Republicans Mitt Romney and Paul Ryan launched a two-day bus tour on Tuesday to try to boost their fortunes in a state that polls show could be slipping away from them.
- US Mortgage Applications Rose In Latest Week
September 26 2012 7:30 AM
Applications for U.S. home mortgages rose last week as interest rates dropped to record lows in the wake of the Federal Reserve's latest stimulus efforts, data from an industry group showed on Wednesday.
- Lehman To Pay Creditors Another $10.5 Billion
September 25 2012 1:32 PM
Lehman Brothers Holdings Inc on Tuesday said it will pay about $10.5 billion to creditors starting early next month, the second leg of a plan to eventually pay out more than $65 billion.
- US Home Prices Rose 0.4% In July - Less than Expected
September 25 2012 9:54 AM
U.S. single-family home prices rose for a sixth month in a row in July, though the improvement was not as strong as expected, a closely watched survey showed on Tuesday.
- Romney Losing Support Among Senior Citizens
September 24 2012 1:52 PM
Even before his running mate was booed by a lobbying group for older Americans on Friday, Republican presidential nominee Mitt Romney was losing support among such voters, whose backing is crucial to his hopes of winning the November 6 election.
- Romney's 2011 Tax Rate Was 14.1 Percent
September 21 2012 2:29 PM
Republican presidential candidate Mitt Romney paid $1.9 million in taxes in 2011 on income of more than $13 million, his campaign said on Friday in attempt to counter claims by Democrats that he has been secretive about his taxes.
- GM Recalls 474,000 Cars For Gear Shift Problem
September 21 2012 9:30 AM
General Motors Co is recalling 473,841 Chevrolet, Pontiac and Saturn sedans globally to fix a condition that could cause the cars to roll over when the drivers think they are in park gear, the No. 1 U.S. automaker said on Friday.
- Obama Leads Romney 48% To 43%: Poll
September 20 2012 4:00 PM
President Barack Obama maintains a lead of 5 percentage points over Republican Mitt Romney as he solidifies his advantage in the U.S. presidential race, according to a Reuters/Ipsos poll released on Thursday.
- US Jobless Claims Dip By 3,000 To 382,000
September 20 2012 8:58 AM
The number of Americans filing new claims for jobless benefits fell by 3,000 to 382,000 last week, unwinding some of the weather-related spike during the previous week