UNITED STATES

No sign of settlement deal after U.S.-Israel talks

IBTimes Logo
The United States and Israel ended another round of talks on Wednesday with no sign yet of a deal on a West Bank settlement freeze, but a U.S. envoy planned to meet again with Prime Minister Benjamin Netanyahu on Friday.

Chinese envoy holds talks in North Korea

IBTimes Logo
An envoy to Chinese President Hu Jintao held talks with North Korean officials in Pyongyang on Wednesday, the Chinese Foreign Ministry reported, but it did not say if North Korea's controversial nuclear program was discussed.
IBTimes Logo

1.1 million votes for Afghan leader suspicious: EU

As many as a third of votes cast for Afghan incumbent Hamid Karzai in last month's presidential election are suspect and must be checked for fraud, the head of a European Union election observer mission said on Wednesday.
More news
IBTimes Logo

Stock futures higher on commodities, M&A; data on tap

U.S. stock index futures rose on Wednesday on gains in commodity prices and an upswing in merger and acquisition activity as investors awaited a batch of key economic data, including consumer prices and industrial production.
IBTimes Logo

Whitney Houston says she is drug-free

Singer Whitney Houston said in an interview aired on Tuesday that she is drug-free as she embarks on a career comeback, and that her faith guides her through her ongoing fight to stay clean.
IBTimes Logo

Unions slam bank greed, urge jobs plan pre-G20

Trade unions urged G20 leaders on Wednesday to respond decisively to the specter of 59 million job losses and slammed banks for awarding bonuses worth more than 20 percent of the taxpayer money spent bailing them out.
IBTimes Logo

Chrysler turnaround slow process says CEO

Chrysler Group LLC will present a five-year business plan by the end of November that will outline numbers and the path out of two years of difficulties, its chief executive said on Wednesday.
IBTimes Logo

Chrysler business plan by end of November: CEO

Chrysler's new business plan will be presented by the end of November and will show numbers and the path out of years of difficulties, the company's chief executive said on Wednesday.
IBTimes Logo

Tires case shows Obama new U.S. marshal on trade

President Barack Obama's decision to restrict tire imports from China shows a more activist approach to enforcing rights Washington has negotiated in trade deals, as well as making good on a promise to labor groups that helped elect him.
IBTimes Logo

World stocks at new 11-month high

World equities rose on Wednesday to new 11-month highs, after upbeat U.S. data boosted faith in an economic recovery, persuading more investors to sell their low-yield dollars to buy growth-oriented stocks and commodities.
IBTimes Logo

U.S. growth in 2 percent range over near term: forecast

The U.S. economy will emerge from recession by growing more than 2 percent in the current and fourth quarters on a dramatic reversal in inventories, but growth next year will be tepid, a UCLA Anderson Forecast said on Wednesday.
IBTimes Logo

Oil near $71, sheds early losses on weak dollar

Oil shed early losses and hovered near $71 on Wednesday as the dollar's fall to one-year lows and Asian equities' climb to 2009 highs drew investors back to risky assets on brightening signs of a U.S. economic recovery.
IBTimes Logo

Asian stocks hit 2009 highs

Asian shares swept to their highest levels for 2009 on Wednesday after upbeat U.S. economic news boosted riskier assets leveraged to global growth, while the U.S. dollar slipped to a one-year low.
IBTimes Logo

Asian stocks hit 2009 highs, U.S. dollar slips

Asian shares hit their highest levels for 2009 on Wednesday after upbeat U.S. economic news gave riskier assets leveraged to global growth a boost, while the U.S. dollar slipped to a one-year low.
IBTimes Logo

Lehman: Barclays got $8.2 billion windfall from sale

Lehman Brothers Holdings Inc said on Tuesday that Barclays Capital Inc got a $8.2 billion windfall profit from excess assets it took control of in the fire sale of Lehman's U.S. brokerage business a year ago.
IBTimes Logo

SEC has few options, none good, in BofA case

Stung by a federal judge's rejection of settlement efforts with Bank of America Corp, the U.S. Securities and Exchange Commission has a few ways to proceed in the case. None is good.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.