UNITED STATES

IBTimes Logo

Probe clears Toyota's electronic throttles

A government probe cleared Toyota Motor Corp's electronics of causing unintended acceleration, a big victory for the world's top automaker as it seeks to recover from the hit it took over runaway vehicle accidents.

Sara Lee eyes more price increases

IBTimes Logo
Sara Lee said on Tuesday it would be raising prices again on its food and beverages, which could continue to affect sales, as it struggles with soaring commodity costs.
Ron Paul

Critics set to blast Fed on Paul's monetary policy panel

Three critics of the Federal Reserve are set to testify before Congress on Wednesday in a hearing chaired by Rep. Ron Paul, R-TX, that will focus on the effect of the Federal Reserve's policies on job creation and the unemployment rate.
More news
The cast of 'Glee'

Glee cast hits the road this summer

It's the busy season for the Glee kids. Fox announced Tuesday that on the heels of blockbuster ratings for the post-Super Bowl episode, the cast of the hit TV show will be touring again this summer.
IBTimes Logo

U.S. plans to raise cost of govt backed mortgages: sources

The Obama administration will propose raising the cost of loans backed by the Federal Housing Administration as part of a plan to reduce government support of the mortgage market to below 50 percent, said sources familiar with the plan.
Korean

Rival Koreas meet for talks as tensions ease

The rival Koreas held their first talks since a deadly attack on a South Korean island last year amid signs of a thaw in tensions as momentum builds for a resumption of aid-for-disarmament negotiations.
IBTimes Logo

U.S. clears Toyota's electronic throttles

A U.S. government investigation showed no link between electronic throttles and unintended acceleration in Toyota Motor Corp vehicles, a victory for the world's top automaker battered by recalls over runaway vehicles.
IBTimes Logo

Gold jumps 1 percent, speculators cover positions

Gold rose more than 1 percent on Tuesday to $1,367.60 an ounce as traders covering short positions in the New York futures market pushed spot prices through key resistance at the metal's 100-day moving average.
IBTimes Logo

China raises rates with inflation on the rise

China raised interest rates on Tuesday for the second time in just over six weeks, intensifying a battle against stubbornly high inflation that threatens to unsettle global markets.
IBTimes Logo

ArcelorMittal sees steel rebound from squeeze

ArcelorMittal , the world's largest steelmaker, forecast a faster than expected rebound in demand and prices at the start of 2011 after suffering a margin squeeze at the end of last year.
IBTimes Logo

McDonald's rebounds in Europe

McDonald's Corp reported a stronger-than-expected sales rebound in January in Europe, its biggest market for revenue, sending its shares up 3 percent in midday trading.
Investors look at an electronic board showing stock information at a brokerage house in Fuyang, Anhui province

China rate hike pressures world stocks

World stocks and oil prices ebbed from recent highs on Tuesday after China raised interest rates for the second time in just over a month, spurring worries of the hike's impact on global economic demand.
IBTimes Logo

Lacker says better economy requires Fed to rethink

The Federal Reserve should seriously consider pulling back on its $600 billion stimulus program given stronger growth and a brighter jobs picture, Richmond Fed President Jeffrey Lacker said on Tuesday.
IBTimes Logo

NYSE Euronext banks on new businesses

Financial exchanges group NYSE Euronext is banking on its nascent U.S. futures unit and technology investments to reverse a decline in trading that pushed down profit last quarter.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.