UNITED STATES

IBTimes Logo

GM to invest $100 million in New York parts plant

General Motors Co said on Tuesday it will invest $100 million in a New York parts plant that the company and union officials say was kept from closing because workers there agreed to second-tier wage levels designed to keep U.S. automakers competitive.
IBTimes Logo

Trade data shows growth headwinds

U.S. imports and exports fell in February, prompting analysts to cut again their forecasts for U.S. economic growth in early 2011 and showing signs of a slowing in the global recovery.
More news
IBTimes Logo

Bank regulators propose swap rules

Energy companies, airlines and other end-users would be mostly exempt from having to put up costly collateral when using uncleared swaps to hedge their business risks, under a proposal issued by U.S. bank regulators on Tuesday.
IBTimes Logo

Company behind Priceline sues Internet heavies

Walker Digital, a research and development laboratory for technology patents, filed 15 lawsuits on Tuesday against more than 100 companies including Apple, Microsoft, eBay, Amazon and Google for unauthorized use of its intellectual property rights.
IBTimes Logo

U.S. auto sector needs to rethink itself: top VC exec

The recession and high gasoline prices offer the U.S. automotive industry a chance to reinvent itself as consumers inch toward acceptance of alternatives to the internal combustion engine, a top venture capitalist said on Tuesday.
IBTimes Logo

March import price rise biggest in over 1-1/2 years

U.S. import prices rose more than expected in March to post their largest increase in more than 1-1/2 years, driven by a surge in imported petroleum costs and higher food prices, a government report showed on Tuesday.
IBTimes Logo

Wall St tumbles one percent on oil's drop

Stock indexes dropped 1 percent on Tuesday, hit by a sharp fall in oil prices and after Alcoa's lighter-than-expected revenue started the earnings season on a dour note.
IBTimes Logo

Wall St falls on Alcoa, Japan; miners sell off

U.S. stocks fell on Tuesday after a disappointing revenue miss from Alcoa to start off the earnings season and a sell-off in commodities, coupled with Japan's upgrade of the severity of its nuclear crisis.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.