BUSINESS

Exclusive: Deutsche Telekom eyes bid for Tele Columbus

IBTimes Logo
Deutsche Telekom is considering a bid for regional cable company Tele Columbus to shore up its position in its key home market against competition from rivals Liberty Global and Kabel Deutschland, sources told Reuters.

Lower light bills curb gasoline's boost to CPI

IBTimes Logo
Consumer prices rose modestly in March as falling electricity costs countered higher gasoline prices, boosting the view the U.S. Federal Reserve has room to provide more support for the economy if needed.
More news
Barnes & Noble New NOOK Now Lets You Read in the Dark

Barnes & Noble New NOOK Now Lets You Read In Darkness; Will The GlowLight Device Conquer The Market Of Apple And Amazon? [PHOTOS & VIDEO]

Barnes & Noble has invented a GlowLight solution for those who are addicted to bedtime reading and at the same time do not wish to disturb their sleepy spouses. As claimed by the company, NOOK Simple Touch is the world's first E Ink reader flaunting patent-pending lighting technology with a soft, adjustable glow feature -- GlowLight -- which will let the users read in the darkness, giving them just the right amount of light required for reading.
IBTimes Logo

JPMorgan profit falls 3 percent but tops Street view

JPMorgan Chase & Co's first-quarter profit fell 3 percent as recent improvement in trading and deal-making failed to lift investment banking revenue to year-earlier levels, but results still beat Wall Street expectations.
10. Mathematician

Top 10 Best-Paying Jobs in 2012

The US-based consultancy CareerCast has listed the ten best jobs of 2012 on the basis work environment offered, stress, income levels, physical demands and job outlook.
IBTimes Logo

Infosys' slower revenue growth outlook slams shares

India's Infosys Ltd disappointed investors on Friday with a weaker-than-expected revenue growth outlook due to an uncertain global economy, sending its shares plunging more than 12 percent in their biggest fall in nearly three years.
IBTimes Logo

Chinese economy slows to near 3-year low

China's economy grew at its slowest in nearly three years in the first three months of 2012, with a weaker than expected reading raising investor concerns that a five-quarter long slide has not bottomed and that more policy action would be needed to halt it.
IBTimes Logo

China Q1 GDP eases to near 3-year low, soft patch persists

China's economy grew at its slowest in nearly three years in the first three months of 2012, with a weaker than expected reading raising investor concerns that a five-quarter long slide has not bottomed and that more policy action would be needed to halt it.
IBTimes Logo

Google stock split helps Page, Brin maintain grip

Google Inc announced a stock split designed to preserve the control of co-founders Larry Page and Sergey Brin over the world's No. 1 Web search engine, asking investors to trust their long-term vision.
IBTimes Logo

Goldman to pay $22 million to settle huddles case

Goldman Sachs agreed to pay $22 million to settle civil charges arising from company procedures that created the risk select clients would receive market-sensitive information, such as changes to Goldman's recommendation lists and its ratings of stocks.
IBTimes Logo

Lagarde says IMF may need less money for war chest

A stronger firewall is needed to protect the world economy from Europe's debt crisis, but the International Monetary Fund may not need as much money as it thought just a few months ago, the head of the global lender said on Thursday.
IBTimes Logo

Google plans stock split; results spur relief

Google Inc announced a stock split designed to preserve the control of co-founders Larry Page and Sergey Brin over the No. 1 Web search engine, as it posted revenue in line with estimates.
IBTimes Logo

Microsoft wins its biggest cloud computing client

Microsoft announced its biggest-ever customer for cloud computing - software that it hosts on behalf of clients and delivers over the Internet - after winning a contract to provide free services to a major Indian education body.
IBTimes Logo

Jobless claims cast cloud on labor market

The number of Americans filing for jobless aid hit a two-month high last week and more applications were received in the prior week than initially reported, suggesting a cooling in the labor market recovery.
IBTimes Logo

Google announces stock dividend

Google Inc announced plans to give investors a stock dividend on Thursday, as the search giant reported first quarter revenue roughly in line with Wall Street estimates.

iPhone 5 Features Wish List: 10 Ways Apple Could Blow Us Away [PICTURES]

Apple changed the entire smartphone genre with the introduction of the iPhone in 2007, and five years later, Apple fans are anxiously awaiting a new iPhone, rumored to be released between June and October 2012. Nobody outside the enormous complex at 1 Infinite Loop truly knows what the sixth-generation iPhone, presumably called the iPhone 5, will look like or feature, but that isn't stopping us from daydreaming about all of the possible features in Apple's next phone.
IBTimes Logo

IMF may need less money to rebuild warchest: Lagarde

The International Monetary Fund is considering scaling back how much money it needs to rebuild its war chest for handling financial crises, and it may not strike a deal with members next week, the IMF head said on Thursday.
IBTimes Logo

U.S. trade gap narrows sharply in February to $46 billion

The U.S. trade deficit narrowed unexpectedly in February as exports hit a record high, imports from China and other key suppliers declined and oil import volume fell to the lowest in 15 years, a government report showed on Thursday.
Antonio De Rosa Concept Design

From iPhone 5 To iTunes 11: Top 5 Rumored Apple Products In 2012

Most tech products in general and Apple products in particular see a lot of chatter in the press before they're finally announced. The rumors and speculations try to envisage what the products will offer and when they will finally land on the users' hands.
IBTimes Logo

Home prices close to bottoming, to rise in 2013

The relentless decline in home prices is nearing an end and prices should rise for the first time in seven years in 2013, but a possible new wave of foreclosures could threaten the recovery, according a Reuters poll of economists.
IBTimes Logo

Producer prices flat in March on gasoline

Producer prices were unexpectedly flat in March as a drop in gasoline costs offset rising food prices, according to a government report on Thursday that also showed moderate underlying inflation pressures.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.