UNITED STATES

IBTimes Logo

DOJ to seek delay or dismissal in AT&T trial

The U.S. Justice Department said on Friday it would seek to stay or dismiss its lawsuit to stop AT&T Inc's purchase of T-Mobile USA because AT&T withdrew its application with the Federal Communications Commission, which must approve the deal.

MF Global $2.2 billion transfer to customers approved

IBTimes Logo
A U.S. bankruptcy court judge on Friday approved a $2.2 billion bulk transfer that would bring the recovery of nearly all U.S. commodities customers of fallen brokerage MF Global to about 72 percent of their accounts.

U.S. DOJ to seek delay or dismissal in AT&T trial

IBTimes Logo
The U.S. Justice Department said on Friday it would seek to stay or dismiss its lawsuit to stop AT&T Inc's purchase of T-Mobile USA because AT&T withdrew its application with the Federal Communications Commission, which must approve the deal.
IBTimes Logo

Consumer sentiment improves, trade gap narrows

An index of consumer sentiment rose to its highest in six months in early December and the trade deficit narrowed in October in the latest signs that the U.S. economy's health is slowly improving.
More news
iPad2

Want a Cheaper Apple iPad Tablet Computer? Get One Here...

But those who want an Apple iPad tablet but don't want to pay top prices are in luck -- a cheaper iPad 2 is available from Apple in a 16GB, Wi-Fi model for $419 with shipping. It comes with FaceTime, 10-hour battery life, and HD video recording, just like a new iPad. But the models Apple is selling at the cheaper price are refurbished.
IBTimes Logo

Consumer sentiment improves in December

Consumer sentiment rose to its highest level in six months in early December as Americans adopted an improved economic outlook while the trade deficit narrowed in October, pointing to gathering momentum in the economy.
IBTimes Logo

Rita Morelli's Death by Delusion

Italian immigrant Rita Morelli died a horrible death. Bakaray Camara, 41, was arrested for allegedly strangling her to death in her East Harlem apartment on Wednesday. Morelli's live-in boyfriend discovered her body.
NYSE

Large U.S. Bank Stocks Happy on Euro Summit News

Stock in the largest American banks were particularly bullish on the developments, trading up in heavy volume during pre-market action in the New York Stock Exchange. Shares of Citigroup (NYSE:C), Bank of America (NYSE:BAC) and Goldman Sachs (NYSE:GS) were up more than 2 percent in very early pre-market trading. Morgan Stanley (NYSE:MS), whose operations are generally considered to be more sensitive to developments out of Europe than its large bank peers in the U.S., was up over 3 percent.
iraq departure

Iraq Withdrawal: After Troops Leave, A Substantial American Presence

Iraqi president Nouri al-Maliki has said he is open to negotiating a role for American troops that would likely include helping to train Iraqi security forces. Whether or not that happens, there will still be a massive diplomatic presence and a small army of contractors to defend them.
IBTimes Logo

Consumer sentiment strongest since June

Consumer sentiment rose to its highest in six months in early December due to an improving outlook on the economy with the jobless rate falling to a 2-1/2-year low in November.
Speaker of the House John Boehner applauds as President Barack Obama addresses a joint session of Congress about jobs creation.

Payroll Tax Cut: House Republicans Present Counter Legislation

House Republicans have proposed a bill extending the payroll tax cut that includes a provision to push through the controversial Keystone XL pipeline and reform several social safety net programs, openly defying a veto threat by President Barack Obama.
LVMH

Luxury giants battle it out in menswear

Buoyant demand for luxury menswear, driven by China's male-dominated market, has prompted big industry players such as LVMH and PPR to step up their investments in the fast-growing market.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.