UNITED STATES

Stock futures signal drop; banks, airlines eyed

IBTimes Logo
Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 1 percent, Dow Jones futures down 0.9 percent and Nasdaq 100 futures down 1.1 percent.
IBTimes Logo

Cerberus sees two senior partners leave: report

Two senior Europe-based partners in U.S. private equity firm Cerberus, majority owner of carmaker Chrysler, have left the company, the Wall Street Journal reported, citing a person familiar with the company.
More news
IBTimes Logo

Netanyahu wants maximum understanding with U.S

Israeli Prime Minister Benjamin Netanyahu said on Sunday he would strive for maximum understanding with Washington on peace issues but gave no sign he intends to bow to its demand to halt settlement expansion.
IBTimes Logo

U.S. mulls putting North Korea back on terror list

The United States is looking into putting North Korea back on a list of state sponsors of terrorism in response to its nuclear test last month, U.S. Secretary of State Hillary Clinton said in an interview on Sunday.
IBTimes Logo

Novo diabetes drug tops older medicine at two years

Novo Nordisk A/S's experimental diabetes drug liraglutide was significantly better at helping patients control blood sugar than an older common medicine after two years of treatment, according to data from a clinical trial.
IBTimes Logo

Stents no better than heart drugs in diabetics

Diabetics with stable heart disease do just as well taking drugs alone as getting quick angioplasty or bypass surgery to open blocked heart arteries, U.S. researchers said on Sunday.
IBTimes Logo

Fans gather for launch of iPhone killer Palm Pre

Small crowds gathered on Saturday for the official launch of Pre, the smartphone seen as Palm Inc's best chance to claw back market share from Apple Inc's iPhone and Research In Motion Ltd's Blackberry.
IBTimes Logo

Airline execs say industry outlook still grim

Demand for air travel could decline further despite signs of a more stable global economy, and prospects of a recovery this year look slim, industry executives said at a meeting of the world's airlines on Sunday.
IBTimes Logo

China influence to grow faster than most expect: Soros

Financier George Soros said on Sunday that China's global influence is set to grow faster than most people expect, with its isolation from the global financial system and a heavy state role in banking aiding a relatively swift economic recovery.
IBTimes Logo

Investors ask top court to delay Chrysler sale

Indiana pension funds asked the Supreme Court on Sunday to immediately delay the sale of bankrupt automaker Chrysler LLC to a group led by Italian carmaker Fiat SpA while they challenge the deal.
IBTimes Logo

Airline industry outlook still grim: execs

Demand for air travel could decline further despite signs of a more stable global economy, and prospects of a recovery this year look slim, industry executives said at a meeting of the world's airlines on Sunday.
IBTimes Logo

Investors ask Supreme Court to delay Chrysler sale

Indiana pension funds asked the U.S. Supreme Court on Sunday to immediately delay the sale of bankrupt automaker Chrysler LLC to a group led by Italian carmaker Fiat SpA while they challenge the deal.
IBTimes Logo

Fans gather for launch of 'iPhone killer' Palm Pre

Small crowds gathered on Saturday for the official launch of Pre, the smartphone seen as Palm Inc's best chance to claw back market share from Apple Inc's iPhone and Research In Motion Ltd's Blackberry.
IBTimes Logo

Canadians angered over Buy American rule

Canadian municipal leaders threatened to retaliate against the Buy America movement in the United States on Saturday, warning trade restrictions will hurt both countries' economies.
IBTimes Logo

Mystery surrounds Kung Fu actor's death

Mystery continued to shroud the death of actor David Carradine on Saturday, with rumor and speculation rife about how the star of 1970s-era U.S. television show Kung Fu met his demise.
IBTimes Logo

U.S. healthcare revamp to require medical coverage

U.S. lawmakers plan far-reaching insurance market reforms, and would require that businesses and individuals purchase medical coverage as they seek to overhaul the U.S. healthcare system, an early draft of Senate legislation said on Saturday.
IBTimes Logo

Two pro-Taliban clerics killed in Pakistan shootout

Two pro-Taliban clerics were killed in a shootout between security forces and militants in northwestern Pakistan Saturday, a day after around 40 people were killed in a suicide attack in a mosque, the military said.
IBTimes Logo

Obama says D-Day saved world from evil

U.S. President Barack Obama paid homage to the heroes of D-Day on Saturday, saying their assault on Normandy's beaches exactly 65 years ago had helped save the world from evil and tyranny.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.