UNITED STATES

Congress reaches deal to end aviation standoff

IBTimes Logo
Congressional leaders struck a deal on Thursday to resolve a partisan dispute and end a partial shutdown of the Federal Aviation Administration that has halted airport projects and threatened thousands of jobs.
More news
IBTimes Logo

GM profit nearly doubles, slowdown risk ahead

General Motors Co's quarterly profit shot past Wall Street expectations, but its share price slipped as investors focused on the risks of a sputtering economy and resurgent Japanese rivals.
IBTimes Logo

LinkedIn's Q2 results glide past Street view

LinkedIn booked a surprise profit after quarterly revenue more than doubled, as the professional networking site sets off to prove it can fulfill the promise of its splashy IPO and rich valuation.
IBTimes Logo

Man Builds Nuclear Reactor in His Kitchen

An unnamed Swedish man from the town of Angelholm was detained for attempting to build a nucleaer reactor in his kitchen. He was in possession of radioactive materials and had dismantled smoke detectors wherein contains some nuclear material. He also ordered a Geiger counter from the United States.
Trader on floor of New York Stock Exchange

Dow Plunges More Than 500 Points as Fear Escalates

U.S. stocks plummeted Thursday, following a similarly huge sell-off in Europe, on growing fears that the global economy is sinking into a recession, ahead of worries about tomorrow?s July jobs report.
IBTimes Logo

Sony?s New PlayStation Vita Release Date Pushed Back in U.S.

Sony announced Thursday that it will not release the new PlayStation Vita in both the United States and Europe until next year. This means the new gaming system will not reach store shelves for the ever approaching holiday shopping season.
President Barack Obama, Jennifer Hudson, Rahm Emanuel

Happy Birthday President Obama: How Do You Plan to Fix the Economy?

President Barack Obama turned 50 on Thursday. But the celebration was muted by a big decline on Wall Street. Some economists are suggesting the U.S. is just "one shock" away from another recession, and questions are being peppered to Obama about his plans for turning around the U.S. economy.
IBTimes Logo

Wall Street tumbles on concerns over Europe

Wall Street was on track to post its worst one-day decline in over a year on Thursday as worries about the U.S. economy and the debt crisis in Europe kept investors nervous.
AIDS Research

New HIV Cases: U.S. Infections Remain Steady, But 'Alarming' Disparities Soar

Men who have sex with men remain the group most heavily affected by new HIV infections, according to a CDC officials. The agency estimates that these cases represent only 2 percent of the U.S. population, and accounted for 61 percent of all new HIV infections in 2009. Young males were most severely affected, representing 27 percent of new infections in 2009.
IBTimes Logo

Nokia Siemens Networks starts cutting 1,500 jobs

Nokia Siemens Networks has begun cutting 1,500 jobs from the 6,900 staff it acquired with its $1.2 billion acquisition of Motorola's telecoms network unit in April, a spokesman said on Thursday.
Woman competing in race to end obesity

High Price of Healthy Food Keeping America Fat

Eating enough healthy food to satisfy the government's nutritional guidelines can be prohibitively expensive, with potassium alone adding $380 to the average person's grocery bill, a study found.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.