UNITED STATES

Gavin DeGraw out of hospital, cancels concerts

Gavin DeGraw
Singer Gavin DeGraw was released from a New York hospital on Tuesday after apparently being attacked by three men and hit by a taxi cab, causing a concussion, broken nose and numerous cuts and bruises.
IBTimes Logo

Citi, BofA, Goldman lead financial stock swoon

The shares of Bank of America Corp (BAC.N), Citigroup Inc (C.N), Goldman Sachs Group Inc (GS.N) and Morgan Stanley (MS.N) skidded on Wednesday, renewing evidence that when the market sneezes financial stocks get pneumonia.
More news
IBTimes Logo

Mutual fund outflows biggest since March 2009: ICI

Investors pulled the most money out of U.S. mutual funds in the week ended August 3 since the depths of the stock market collapse in March 2009, with net redemptions of $16.9 billion, data from the Investment Company Institute showed on Wednesday.
U.S. Chinook helicopters leave after a security handover ceremony in Panjshir province

NATO Killed Taliban Insurgents Who Shot Down Chinook Helicopter

NATO forces killed the Taliban insurgents who shot down a Chinook helicopter on Saturday, which resulted in the death of 38 Afghan and American troops, to inlcude 22 SEAL Team 6 members. The commander of U.S. and coalition forces in Afghanistan said coalition forces used a precision airstrike to kill the insurgents involved in the Aug. 6 downing of the helicopter.
IBTimes Logo

Signs point to California facing new budget gap

California's latest monthly revenue report shows revenue weaker than expected even before the stock market, a key source of revenue for the state, began sliding in response to Standard & Poor's downgrade of U.S. debt, anxiety about Europe's finances and the risk of the U.S. economy slipping back into recession.
IBTimes Logo

Cisco's Q4 beats Street view, focus on outlook

Cisco Systems Inc's quarterly results edged past Wall Street's scaled-back expectations as IT spending held up despite fears of a severe pullback, buoying its shares in extended trading.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.