- 1 Russian Punk Rocker Freed, 2 Others Still Held
October 10 2012 9:39 AM
A member of punk band Pussy Riot was freed on appeal on Wednesday but a Moscow court upheld prison sentences for two others imposed over a raucous cathedral protest against Vladimir Putin, who said they had got the jail terms they deserved.
- EADS, BAE Call Off Aviation/Defense Merger
October 10 2012 9:03 AM
EADS and BAE Systems called off the world's largest defense and aviation merger on Wednesday, and sources close to the talks blamed Germany for wrecking the $45 billion deal.
- Chevron Fails To Block $18.2B Ecuador Judgment
October 09 2012 3:59 PM
Chevron Corp. on Tuesday lost a U.S. Supreme Court bid to block an $18.2 billion judgment against it in Ecuador in a case over pollution in the Amazon jungle.
- Obama, Romney Now Tied At 45%: Reuters/Ipsos Poll
October 09 2012 3:03 PM
Republican Mitt Romney has erased President Barack Obama's advantage in the race for the White House and the two candidates are now tied among likely voters, according to a Reuters/Ipsos tracking poll released on Tuesday.
- 11 Euro States Back Financial Transaction Tax
October 09 2012 12:59 PM
Eleven euro zone countries agreed on Tuesday to press ahead with a disputed tax on financial transactions designed to help pay for the cost of fixing a crisis that has rocked the single currency area.
- Merkel Arrives In Greece Amid Protestors
October 09 2012 8:58 AM
Germany's Angela Merkel arrived inGreece on her first visit since Europe's debt crisis erupted here three years ago, braving protests to deliver a message of support - but no new money - to a nation hammered by recession and fighting to stay in the euro.
- Marathon Petro Buys BP Texas City Refinery For $2.5B
October 08 2012 2:26 PM
Marathon Petroleum Corp (MPC.N) struck a deal to buy BP Plc's (BP.L) Texas City refinery and related infrastructure for up to $2.5 billion, a purchase that will make Marathon the fourth-largest U.S. refiner and give it a bigger potential slice of the market for refined product exports.
- UK, Japan Scientists Win Nobel For Stem Cell Work
October 08 2012 10:23 AM
Scientists from Britain and Japan shared a Nobel Prize on Monday for the discovery that adult cells can be transformed back into embryo-like stem cells that may one day regrow tissue in damaged brains, hearts or other organs.
- 2012 Presidential Election: Obama Still Leads
October 07 2012 7:23 PM
The 2012 U.S. presidential race roughly one month before Election Day remains where it was on Memorial Day: advantage Obama.
- Remembering Steve Jobs (1955-2011)
October 05 2012 10:20 PM
Apple co-founder Steve Jobs' inventions have shaped how we live, work, and play. He may have been the greatest inventor of the Information Age.
- 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.