UNITED STATES

Recession Looms On Japan, Says Expert

John O’Donnell,  Chief Knowledge Officer of Online Trading Academy
Japan, which is grappling with the impact of March 11 earthquake and the resultant tsunami, may be pushed towards a recession, an expert told IBTimes.

Majority of Americans against sending ground troops to Libya

President Barack Obama
Soon after the launch of the military strike against official Libyan forces, the U.S. also sought to de-Americanize the war by trying to underplay its role in the UN-sanctioned action. But according to a new poll a vast majority of Americans still support military action in Libya to enforce a no-fly zone.
IBTimes Logo

Brent dips towards $115; Portugal rekindles euro zone

Brent crude fell for a second day on Thursday, shedding as much as 0.4 percent toward $115, after the resignation of Portugal's prime minister rekindled euro-zone concerns, prompting oil traders to unwind long positions and take profits.
More news
IBTimes Logo

Weak TV demand seen hurting Best Buy results

Best Buy Co Inc is poised to report its third straight quarter of same-store sales declines on weak demand for televisions and entertainment software in the all-important holiday season.
IBTimes Logo

Brent falls to $115 as Portugal rekindles euro-zone woes

Brent crude fell for a second day on Thursday, shedding as much as 0.5 percent toward $115, after the resignation of Portugal's prime minister rekindled euro-zone concerns, prompting oil traders to unwind long positions and take profits.
IBTimes Logo

Starbucks CEO promises huge grocery growth

Starbucks Corp wants to make sales of its coffee and other products in the grocery aisle rival its traditional cafe business, according to Chief Executive Howard Schultz.
IBTimes Logo

World Market Overview Report 24/03/2011

U.S. stocks staged an afternoon rally Wednesday, led by materials companies, though investors continued to eye several overseas trouble spots warily.The Dow Jones Industrial Average rose 89 points, or 0.7%, to 12108 in late afternoon trade, led by Alcoa, which rose 3.3%. The gains were kept in check by a 1.5% decline for Bank of America, which said the Federal Reserve didn't allow it to boost its dividend. Wal-Mart Stores also was weak, falling 0.8%, as was DuPont, down 0.4%.
IBTimes Logo

New home sales plumb record lows, prices stumble

Sales of new homes sank to a record low in February and prices were the weakest in just over seven years, underscoring the housing market's lingering malaise, which could slow the economic recovery.
IBTimes Logo

Oil settles at 2-1/2 year high on Mideast, gasoline

U.S. crude ended at a 2-1/2 year high on Wednesday as Palestinian rocket strikes on Israel escalated Middle East geopolitical risks and U.S. gasoline inventories posted the biggest seasonal decline on record.
IBTimes Logo

Yahoo revamps Web search

Yahoo Incunveiled a revamped Internet search service on Wednesday that showcases information from movie listings to weather forecasts as users type in a query.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.