U.S.

U.N.'s Ban urges business to back climate policies

IBTimes Logo
Industry should play its part in the fight against climate change by persuading governments to aid carbon cuts rather than lobbying against them, the U.N. Secretary-General told a business conference on Sunday.
More news
IBTimes Logo

Geithner says US making headway in battling crisis

U.S. Treasury Secretary Timothy Geithner said on Wednesday the Obama administration was making headway in calming financial markets and would have a program to cleanse toxic assets from banks' balance sheets up and running by July.
IBTimes Logo

US Airlines Summer travel to drop 7 Pct

Airline summer travel rates will fall 7 percent as Southwest Airline cuts summer air fares as low as $49, $69 respectively, and other airlines follow suit.
IBTimes Logo

Berkshire adds shares of US Bancorp, Wells

Warren Buffett's Berkshire Hathaway Inc said on Friday it had modestly raised its stakes in Wells Fargo and US Bancorp , two banks whose market values have fallen dramatically.
IBTimes Logo

U.S. cap and trade plans risk European mistakes

Plans by the United States to tackle climate change through a cap and trade scheme must learn from the mistakes of Europe if they are to avoid giving away multi-billion-dollar windfalls to industry.
IBTimes Logo

Following Chrysler, GM slashes US dealer network

General Motors Corp said Friday it will drop about 1,600 U.S. dealers as it struggles to slash billions of dollars in operating costs and debt ahead of an anticipated bankruptcy filing by the end of the month.
IBTimes Logo

US Airways to get $234M from offering

US airways said on Tuesday it will receive $234 million in net proceeds from the full exercise of its previously announced common stock and convertible note offerings from underwriters.
IBTimes Logo

Mexico peso, stocks gain on US bank hopes

Mexico's peso firmed on Friday and stocks jumped as the U.S. government's stress tests eased worries about major banks and data showed employers in the United States cut fewer jobs than expected in April.
IBTimes Logo

US Sen. Reid optimistic of progress on climate bill

The U.S. Congress will make enough progress on climate change legislation this year to boost prospects for success at December's Copenhagen summit on cutting greenhouse gases, Senate Majority Leader Harry Reid predicted on Friday.
IBTimes Logo

Has globalisation made us more catastrophe-prone?

As the world grapples with the worst economic downturn in decades and the possibility of a flu pandemic, a growing body of research suggests the complexity of the modern global economy may make us more vulnerable than ever to catastrophe.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.