UNITED STATES

Is the Eurozone Set to Plunge Into Deep Recession?

Eurozone
The Eurozone seems all set to enter a period of deep recession, with the credibility of governments' ability to keep the region in balance under serious doubt. The Organisation for Economic Co-operation and Development (OECD) has already issued a warning that Eurozone and U.S. leaders must act urgently to stop their debt crises from spiralling out of control.

LAPD Dismantles Occupy Encampment at City Hall

Police clear the street of protesters near the Occupy Los Angeles encampment at City Hall Park after the midnight deadline for eviction from City Hall Park passes in Los Angeles
Police in riot gear and biohazard suits began removing anti-Wall Street activists from an encampment outside the Los Angeles City Hall early Wednesday in a belated enforcement of an eviction order from the mayor.
More news
IBTimes Logo

Global Stocks Hit by Fresh Bank Tremors

Stocks fell and the euro weakened Wednesday after Standard & Poor's hit some of the world's leading banks with a credit downgrade and euro zone leaders' move to ramp up the regional bailout fund drew a tepid response.
IBTimes Logo

Saddest Cities in U.S. Are St. Petersburg, Detroit and Memphis: Report

St. Petersburg, Fl., is apparently the saddest city in America, with Detroit, Mi. not far behind, according to a study by Men's Health magazine, which used data such as unemployment and suicid rates, antidepressant usage and the number of people who actually admitted to depression.
The Occupy Los Angeles encampment at City Hall Park is seen before the midnight deadline for eviction from City Hall Park passes in Los Angeles

Police Begin Evicting Occupy LA Camp

Police in riot gear closed in on anti-Wall Street activists in Los Angeles early Wednesday, determined to enforce the mayor's order to evict protesters who have camped outside City Hall for the past eight weeks.
Protesters march with a large banner outside a Bank of America office at an Occupy LA protest in Los Angeles, California

Eviction of Occupy LA Camp Seems Imminent

Throngs of anti-Wall Street protesters braced for eviction Tuesday night from their encampment outside Los Angeles City Hall, as word spread by broadcast news reports and the Internet that a police raid was imminent.
IBTimes Logo

Caution on Eurozone Bailout Progress Hits Asian Shares

Asian shares fell and the euro trimmed gains on Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund and seek more aid from the International Monetary Fund.
IBTimes Logo

Samsung Scores Australia Win vs. Apple in Patent Battle

An Australian court on Wednesday reversed a ban on the sale of Samsung Electronics Co Ltd's Galaxy tablet computers in the country, handing it a rare victory against rival Apple Inc in the firms' intensifying global patent war.
IBTimes Logo

In Australia, Samsung Scores Rare Patent Win vs. Apple

Samsung Electronics Co is set to resume selling its Galaxy tablet computer in Australia as early as Friday, after the South Korean technology firm won a rare legal victory in a long-running global patent war with Apple Inc.
Analysts: Samsung Wins Bitter-Sweet Victory on Galaxy Tab Injunction Lift

Samsung Wins Patent Round Against Apple in Australia

An Australian court reversed a ban on the sale of Samsung Electronics Co Ltd's (005930.KS) Galaxy tablet computers in the country, handing it a rare victory against rival Apple Inc (AAPL.O) in the firms' intensifying global patent war.
There was a total of 3,000 gay and bisexual men who were diagnosed with HIV in 2010, the highest ever annual number, according to a new report.

Many Americans Unaware of Being HIV-Infected

One in every five HIV-positive Americans are unaware of their condition, the Centers for Disease Control and Prevention reports. That's 240,000, out of 1.2 million Americans, of whom just an estimated 28 percent have the infection under control.
IBTimes Logo

Asian Shares Fall on Caution over Euro Bailout

Asian shares fell and the euro trimmed gains Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund and seek more aid from the International Monetary Fund.
IBTimes Logo

Analysis: AMR bankruptcy clouds Boeing jet order

Boeing could be at a disadvantage to Airbus because the bankruptcy of AMR Corp , the parent of American Airlines, places up to $40 billion of jet orders at the mercy of a U.S. bankruptcy court, lawyers and bankruptcy experts said.
IBTimes Logo

World Bank head sees ripple effects from euro woes

Europe's debt crisis threatens to undermine consumer confidence and cut off credit to businesses in the rapidly emerging markets that have been bright spots in an otherwise grim global economy, the head of the World Bank warned on Tuesday.
IBTimes Logo

U.S., EU mull free trade talks, sign secure trade pact

The United States and European Union agreed Tuesday to reduce red tape related to cargo security and pledged to work toward tearing down tariffs and regulatory barriers between the world's largest trading partners.
IBTimes Logo

HTC does not violate FlashPoint patent, ITC says

HTC Corp <2498.TW>, the world's No. 5 smartphone maker, does not infringe patented technology owned by FlashPoint Technology in making its smartphones with digital cameras, the International Trade Commission said on Tuesday.
IBTimes Logo

Societe Generale says TCW Group not for sale

The French bank Societe Generale SA on Tuesday said its TCW Group unit, one of the largest U.S. asset managers, is not for sale, rejecting a published report to the contrary.
IBTimes Logo

Lehman says wins broad support for bankruptcy plan

Lehman Brothers Holdings Inc said on Tuesday it has won overwhelming support for its reorganization plan, including from creditors with $400 billion of claims, an important step toward ending its record bankruptcy.
IBTimes Logo

AMR pension default would set record, if sought

A full pension plan default by bankrupt American Airlines would be the largest in U.S. history if it occurred today with those accounts running $10 billion short of what the carrier owes its workers over many years, government pension insurers estimated on Tuesday.
While President Barack Obama's 43 percent job-approval rating on the poll results Gallup released Tuesday shows an improvement over the 40 percent score he got a few weeks earlier, his shot at winning re-election looks uncertain considering that at this p

President Obama’s Job Rating Lower Than Jimmy Carter’s

While President Barack Obama's 43 percent job-approval rating on the poll results Gallup released Tuesday shows an improvement over the 40 percent score he got a few weeks earlier, his shot at winning re-election looks uncertain considering that at this point in his term, even presidential pariah Jimmy Carter did better.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.