UNITED STATES

BBM Music Launches: RIM Seeks to Revitalize BBM Usage Through Cloud Music Sharing

IBTimes Logo
Research in Motion (RIM) launched BBM Music this week, a music-sharing app a spokesman for the company has said evolves the mixtape. Seeking to capitalize upon - and perhaps revive - its BlackBerry Messenger network of 45 million users, RIM's newest app allows users to choose 50 songs from an extensive cloud-based library of content licensed from music giants Universal Music Group, Sony Music Entertainment, Warner Music Group and EMI, as well as from smaller independent labels.
Jon Corzine, chairman and chief executive officer of MF Global Holdings, speaks during the Sandler O'Neill + Partners global exchange and brokerage conference in New York

MF Global CEO Jon Corzine Resigns Under Fire

Jon Corzine has resigned as MF Global Holdings Ltd's chairman and chief executive officer four days after the futures brokerage filed for bankruptcy protection, culminating a rapid downfall for one of Wall Street's best-known executives.
More news
Jobless man seeks work

October jobless rate jumps on hefty layoffs

Canada's economy unexpectedly ditched in October almost all the jobs gained the month before as a sluggish economy led to layoffs in manufacturing and construction, according to Statistics Canada on Friday.
Traders work on the floor of the New York Stock Exchange

Futures Flat With Greece Vote Off, Payrolls Ahead

The uncertain outcome of Greece's sovereign debt crisis and its implications for Europe's economy kept U.S. stock futures mixed on Friday, with indexes little changed following two days of steep gains.
IBTimes Logo

Job growth could hint at some improvement

U.S. employment growth was likely too weak in October to pull down the nation's lofty jobless rate, though it may have been strong enough to suggest some economic momentum is building.
Galaxy Nexus

iPhone 4S vs. Galaxy Nexus: How Do They Stack Up?

Apple, which unveiled iPhone 4S on Oct. 4, is getting flying off the shelves despite its battery draining problem for which the Cupertino, California-based company would be issuing a fix in the next few days.
IBTimes Logo

Stock index futures point to mixed start

Stock index futures pointed to a mixed open on Wall Street, with futures for the S&P 500 flat, Dow Jones futures up 0.1 percent and Nasdaq 100 futures down 0.2 percent at 1008 GMT (6:08 a.m. EDT).
A foreign currency dealer of the Korea Exchange Bank looks at computer monitors at the bank's dealing room in Seoul

World Stocks, Euro Rise on Hopes Greece Drops Referendum

World stocks and the euro rose on Friday, boosted by expectations that Greece will avoid a referendum on a new bailout package, easing imminent concerns of a Greek default and its potential shockwaves through the euro zone.
IBTimes Logo

Alcatel-Lucent cuts profit goal as telcos spend less

Telecom equipment gear maker Alcatel-Lucent scaled back its profitability goal for the year, saying operators were cutting spending on their networks in reaction to macroeconomic uncertainty, especially in Europe.
IBTimes Logo

Daylight Saving Time 2011: Airline Schedules Will Change

Daylight Savings Time, for most people in the U.S. and Canada, ends on Sunday at 2 a.m. Remember, at that time, to turn all clocks back to 1 a.m. local time. Airline schedulers see Daylight Saving Time as yet another headache.
IBTimes Logo

World stocks gain on hopes Greek referendum is off

World stocks rose on Friday, boosted by expectations that Greece will avoid a referendum on a new bailout package, easing imminent concerns of a Greek default and the possible shockwaves through the euro zone.
A man looks at Olympus digital cameras at an electronics store in Tokyo

Olympus Delays Q3 Earnings Report; Shares Sink

Japan's Olympus Corp said it will not announce its quarterly earnings on Nov. 8 as expected because it needs more time after appointing an external panel to look into past acquisitions, sparking a fresh plunge in the firm's shares.
Italy's Prime Minister Silvio Berlusconi

Italy Agrees to Let EU, IMF Monitor Reforms

Italy, under fierce pressure from financial markets and European peers, has agreed to have the IMF and the EU monitor its progress with long- delayed reforms of pensions, labor markets and privatization, senior EU sources said Friday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.