UNITED STATES

IBM, Other Tech Results Point to Robust IT Demand

The IBM logo is seen outside the company's offices in Petah Tikva
A strong outlook from IBM and decent results from Intel Corp and Microsoft Corp suggest that corporate decision makers are shaking off nervousness about economic growth and boosting spending on technology.
IBTimes Logo

Wall St edged lower on GE, Google results

U.S. stocks edged lower on Friday after GE and Google results fell short of expectations, while investors awaited a resolution in the latest round of Greek debt talks.
More news
Despite costly efforts, no drug has yet been found that can keep Alzheimer's disease from progressing. Some researchers fear drug companies will give up entirely.

Alzheimer's Disease Drug by 2025: Is This Goal Too Ambitious?

The U.S. government has set a deadline of 2025 for finding an effective way to treat or prevent Alzheimer's disease, an ambitious target considering there is no cure on the horizon and one that sets a firm deadline unlike previous campaigns against cancer or AIDS.
Ron Paul 2012: Rasmussen Poll Says He Would Beat Obama

Ron Paul Defended: South Carolina Debate Crowd Protests CNN 'Censorship'

In a big turnaround from Ron Paul's first debate in South Carolina, where the Texas congressman was booed by the audience for advocating the golden rule of statesmanship, last night's audience took to Paul's defense when moderator John King tried to switch the topic from abortion without letting Paul answer the question.
IBTimes Logo

EU puts off talks on EU derivatives law deal

EU states and the European Parliament have cancelled Monday's talks aimed at striking a deal to tighten laws on the $700 trillion derivatives market, after the states failed to settle on a negotiating position.
IBTimes Logo

Wall St set to open lower on GE, Google

Stocks were set for a slightly lower open on Friday after GE and Google results fell short of expectations and as investors looked for a resolution in the latest round of Greek debt talks.
Initial Jobless Claims

U.S. Jobless Claims Falls to Nearly 4-Yr Low

The number of Americans filing for new jobless benefits dropped to an almost four-year low last week, and factory activity in the mid-Atlantic expanded moderately, suggesting the economy carried some momentum into the new year.
IBTimes Logo

Futures drop after GE, Google results

Stock index futures dipped on Friday, indicating the S&P 500 may snap a three-day win streak after GE and Google results fell short of expectations and as investors eyed Greek debt talks for signs of progress.
Mexico

Is Mexico's Drug War Hurting Tourism?

In the five years since Mexican president Felipe Calderon began to use the military to combat the country's powerful drug cartels, some 50,000 people have been killed. With people being murdered in the country nearly every day, how is the violence affecting Mexico's tourism industry?
Immelt speaks at a news conference after a "Jobs for America Summit" at the U.S. Chamber of Commerce in Washington

GE's 4Q Misses on Weak European Growth

General Electric Co's (GE.N) fourth-quarter revenue fell short of Wall Street expectations because of slower-than-expected growth in Europe, sending its shares down 2.5 percent in premarket trading.
IBTimes Logo

Futures off after Google, GE results

Stock index futures dipped on Friday, indicating the S&P 500 may snap a three-day win streak after Google results fell short of expectations and as investors eyed Greek debt talks for signs of progress.

Schlumberger 4Q Soars 36%, Beats Wall Street View

Schlumberger Ltd (SLB.N), the world's largest oilfield services company, reported a 36 percent rise in quarterly earnings, beating Wall Street forecasts, but it warned that Europe's debt crisis could hurt economic growth and trim oil demand.
Megaupload Effect: FileSonic Stops File Sharing Too

Megaupload and Megavideo Shut Down: Top 5 Web Site Bans Worldwide

Megaupload, one of the world's largest file-sharing sites, was shut down Thursday by the U.S. government. Its founder, Kim Schmitz, and several company executives were arrested in New Zealand at the request of U.S. officials for mass copyright infringement and conspiracy to commit money laundering, reports Wired.com.
Man works in trading room of Shanghai Stock Exchange during ceremony marking initial public offering of ICBC

Chinese Exchanges End Year with Gain

Hong Kong and Shanghai shares rose on Friday, achieving a second straight week of gains and managing to break above stubborn chart resistances on hopes of policy easing inChina and on stronger overseas markets.
A tourist walks in front of the Parthenon temple at the Acropolis in Athens

Eurozone Stocks Fizzle, Greek Default Fears Cited

A rally for European stocks and the euro ran out of steam on Friday, with markets focused on debt talks between Greece and its private creditors that may prove the trigger for the next leg of the euro zone's debt crisis.
IBTimes Logo

U.S. Stock Futures Point to Higher Open

Stock index futures pointed to a slightly lower open for equities on Wall Street on Friday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.02 to 0.2 percent.
IBTimes Logo

Samsung suffers German court setback in Apple battle

A German court ruled against Samsung Electronics Co in a patent suit versus Apple, another leg in a long legal battle as the two technology giants jostle for top spot in the booming smartphone and tablet markets.
Gold bars in Hong Kong

Gold Prices Lower on Stronger Dollar, Weaker Crude Oil

Gold prices edged lower Friday as an increasingly stronger dollar made the metal more expensive for non-U.S. buyers and some investors decided to book profits on what is shaping up to be a robust start to the year.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.