UNITED STATES

Ex-AIG employees might sue over lower payouts

IBTimes Logo
Several former American International Group Inc employees might sue the insurer after it gave them less retention bonus money than they should have received, their lawyers said on Monday.
More news
IBTimes Logo

Iraq's Maliki risks Sunni ire if he shuns Allawi

Iraq's Shi'ite Prime Minister Nuri al-Maliki may get first go at forming a government, early election results show, but Sunnis will fume if he cuts out his secular rival Iyad Allawi, the man most of them voted for.
IBTimes Logo

Wachovia in talks with U.S. to settle probe: report

Wachovia Bank is in talks with the U.S. Justice Department to settle complaints relating to the alleged failure in bank controls that enabled Mexican exchange houses to launder drug money, the Wall Street Journal said, citing people familiar with the situation.
IBTimes Logo

Alice leads box office, as Green Zone flops

Alice in Wonderland raced to a $430 million haul at the worldwide box office on Sunday, while Matt Damon's new Iraq war conspiracy thriller Green Zone was one of the year's first big flops.
IBTimes Logo

China's Wen says U.S. responsible for bad ties

The United States is to blame for strains between Beijing and Washington and should take steps to repair ties, Chinese Premier Wen Jiabao said on Sunday, indicating the two powers have not overcome a recent rough patch.
IBTimes Logo

Israeli envoy sees historic crisis with U.S.: paper

Israeli-U.S. relations have hit a 35-year low over a West Bank settlement plan that threatens to derail peacemaking efforts with the Palestinians, Israel's envoy to Washington was quoted as saying on Monday.
IBTimes Logo

U.S. says no explanation yet for Prius California claim

Safety investigators have found no evidence so far to support or disprove a California motorist's claim his Toyota Motor Corp Prius sped out of control on its own, and cautioned the case may never be explained, U.S. regulators said on Monday.
IBTimes Logo

Facebook to open office in southern India

Popular social-networking site Facebook will open an office in India, joining a long list of international firms that have looked to tap a skilled workforce that provides support services at relatively cheap wages.
IBTimes Logo

Stock futures signal dip; eyes on banks

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.39 percent, Dow Jones futures down 0.38 percent and Nasdaq 100 futures down 0.23 at 0900 GMT (4:00 a.m. ET).
IBTimes Logo

Stocks slip amid China, sovereign debt jitters

Asian stocks fell from near seven-week highs on Monday as a currency spat between China and the United States and worries about sovereign debt combined to keep investors away from riskier assets.
IBTimes Logo

Talks start in Australia on Pacific trade deal

Officials from eight nations including the United States began talks on a transpacific trade deal on Monday in a move Australia said could add momentum to stalled World Trade Organization talks.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.