Futures on major U.S. indices point to a lower opening on Thursday as oil prices continued surge due to continued turmoil and violence in Libya.
Satya Nagendra Padala
Feb 24, 2011
Barack Obama not naming Muammar Gaddafi in his comments on Libya has raised question if the dictator has muted the US President blocking Americans evacuation in Tripoli.
IBT Staff Reporter
Feb 24, 2011
US “austerity is really foolish,” said famed economist and Nobel laureate Joseph Stiglitz in his office at Columbia University, in an interview with IBTimes.
Hao Li
Feb 23, 2011
US stocks were mixed in early trade on Wednesday after plunging in the previous session amid political unrest in the Middle East.
Satya Nagendra Padala
Feb 23, 2011
Buzz around Nintendo 3DS has escalated ahead of the Feb 26 Japan launch, with the company releasing US launch game titles and the tech press reporting on other aspects and leaking details.
IBT Staff Reporter
Feb 23, 2011
Pfizer Inc said it has settled all outstanding lawsuits involving accusations that it tested the experimental antibiotic Trovan on children in Nigeria during a 1996 meningitis outbreak without receiving adequate prior consent.
IBT Staff Reporter
Feb 22, 2011
Pirates shot dead four American hostages on a yacht they had seized in the Arabian Sea, and a firefight left two pirates dead and 13 captured, the U.S. military said on Tuesday.
IBT Staff Reporter
Feb 22, 2011
The U.S. government faced mounting calls for action against Libya on Tuesday as the regime of Muammar Gaddafi used tanks, helicopters and warplanes to unleash fresh attacks on pro-democracy demonstrators.
IBT Staff Reporter
Feb 22, 2011
Shares of Wal-Mart Stores fell nearly 4 percent in early trade after the world’s largest retailer a seventh straight quarterly decline in U.S. comparable-store sales, saying some of the pricing and merchandising issues ran deeper than it initially expected.
IBT Staff Reporter
Feb 22, 2011
US stocks declined in early trade on Tuesday as political unrest in the Middle East weighed on the sentiment.
Satya Nagendra Padala
Feb 22, 2011
Futures on major U.S. stock indices point to lower opening on Tuesday, following declines in European and Asian stock markets as continued political unrest in the Middle East weighed on the sentiment.
Satya Nagendra Padala
Feb 22, 2011
Futures on major U.S. stock indices point to lower opening on Tuesday, following declines in European and Asian stock markets as continued political unrest in the Middle East weighed on the sentiment.
Satya Nagendra Padala
Feb 22, 2011
The race is between US-based Boeing Co. and European Aeronautic Defence and Space Company (EADS) and the outcome will drastically change the face of both the country's employment sector.
Monami Thakur
Feb 22, 2011
U.S. stocks recorded solid performance in the second half of the last year though the early part of the year was jittery. While the Dow Jones Industrial Average rose 11 percent, the Nasdaq Composite gained 17 percent and the Standard & Poor's 500 index rose 13 percent. Where do U.S. stocks go from here? There are analysts who think stocks are poised to show further gains this year.
Jijo Jacob
Feb 22, 2011
BHP Billiton agreed to acquire all of Chesapeake Energy's interests in the Fayetteville Shale play in central Arkansas for $4.75 billion, marking its entry into the US shale gas business.
IBT Staff Reporter
Feb 22, 2011
Investors are likely to focus on major economic data to be released during the week to gauge the strength of recovery in the world’s largest economy. The main focus will be housing and economic activity, while rising Middle East tensions are expected to weigh on markets.
Satya Nagendra Padala
Feb 21, 2011
The report shows that while healthcare employment rose 6.3 percent, employment in other sectors fell by 6.8 percent cumulatively in the period from December 2007.
IBT Staff Reporter
Feb 21, 2011
China's Commerce Ministry said Chinese businesses faced damaging obstruction in efforts to invest in the United States after China's Huawei pulled out of bidding for U.S. company 3Leaf's assets following pressure from a Washington panel.
Wenwen Meng
Feb 21, 2011
Though formerly dependent on entry-level feature phones, Chinese companies like ZTE and Huawei are moving towards establishing their own brands.
IBT Staff Reporter
Feb 19, 2011
US stocks rose modestly higher on Friday, with S&P 500 Index up 2.52 points, or 0.19 percent, to trade at 1,342.98 at 12:00 p.m. EST. The Dow Jones Industrial Average is up 42.16 points, or 0.34 percent, to trade at 12,360.30. The Nasdaq Composite Index rose 0.23 percent to trade at 2,837.98.
IBT Staff Reporter
Feb 18, 2011
US stocks were mixed on Friday, with S&P 500 Index edging down 0.27 points, or 0.02 percent, to trade at 1,340.21 at 09:50 a.m. EST. The Dow Jones Industrial Average is up 14.04 points, or 0.11 percent, to trade at 12,332.18. The Nasdaq Composite Index rose 0.07 percent to trade at 2,833.52.
IBT Staff Reporter
Feb 18, 2011
When a New Jersey family with an autistic child walks into the state office seeking help, Norlande Perpignan is often the first person they see. A clerk making $41,082 a year at the Division of Developmental Disabilities, Perpignan, 40, is also on the front lines of a national debate about public spending, taxes and a fiscal crisis facing local governments.
Samantha Nolan
Feb 17, 2011