UNITED STATES

NY court hands Argentina setback over bond default

IBTimes Logo
Argentina suffered a setback over its $100 billion debt default in 2002 when New York's highest court said the country should keep paying interest on some bonds even after they mature or investors demand their principal back early.

Thirty months in prison for lawyer in Galleon case

IBTimes Logo
Arthur Cutillo, a former lawyer with the well-known Ropes & Gray law firm who admitted leaking corporate secrets in exchange for $32,500 in cash, was sentenced on Thursday to 2-1/2 years in prison for his part in a sweeping insider trading case.
More news
U.S. Senate Minority Leader Mitch McConnell, R-Ky.

Senate Republican Invites Obama to GOP Lunch; President Declines

In an attempt to put it all on the table, the U.S. Senate's top Republican invited President Obama to a GOP lunch at the Capitol to discuss the ongoing dispute over the debt ceiling and related issues, but the White House on Thursday declined the invitation.
Ford Gaining Marketshare

Analyst: Ford Gaining Marketshare

An analyst says Ford had an impressive sales month in June. The auto industry will report its numbers Friday. Ford's stock climbed as much as 4 percent on the news.
U.S. General David Petraeus

Senate Confirms Petraeus as CIA director

The Senate voted unanimously 94-0 to confirm General David Petraeus, the top American commander in Afghanistan to be the new director of the Central Intelligence Agency.
IBTimes Logo

All eyes on D.Boerse as latest exchange merger fails

The London Stock Exchange's aborted bid for Canada's TMX Group has raised the tally of failed cross-border exchange deals to three in four as the sector faces an uphill battle to secure longed-for consolidation.
Google Plus Screen Shot

China Blocks Google+ as Fear of Social Networks Persists

China quickly blocked Google's newest offering Google+, a service that promises a better social networking experience than Facebook's. The Google+ service was not available to Chinese users, New York's Daily News said, citing sources.
IBTimes Logo

Analysis: Risks may staunch emerging bond issue flood

Emerging market debt issuance has soared in the first six months of 2011, driven by heavy corporate bond volumes and flying in the face of debt problems in the developed world, but risk aversion may erode demand in the second half.
Stephen Colbert

Stephen Colbert Super PAC Approved by FEC

Stephen Colbert has won the right to use his television program to raise money for a Political Action Committee, a development that vindicates his satirical campaign but could have large implications for campaign finance reform.
IBTimes Logo

Obama to do Twitter session on economy on July 6

President Barack Obama will hold a town hall meeting on the U.S. economy and jobs on July 6, the White House said on Thursday, but it will be in the virtual world of Twitter, not a brick and mortar building.
IBTimes Logo

Analysis: H2 risks may staunch emerging bond issue flood

Emerging market debt issuance has soared in the first six months of 2011, driven by heavy corporate bond volumes and flying in the face of debt problems in the developed world, but risk aversion may erode demand in the second half.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.