A key U.S. lawmaker said on Wednesday that he backs a Federal Communications Commission proposal to establish an open Internet rule and would consider legislative action if the industry challenged it in court.
IBT Staff Reporter
Oct 21, 2009
Employers and employees have dramatically different opinions of why workers remain in their jobs, says research released on Tuesday showing U.S. companies may struggle to retain employees in an improved job market.
IBT Staff Reporter
Oct 21, 2009
Michigan again had the highest unemployment rate of all U.S. states in September at 15.3 percent, followed by Nevada and Rhode Island, which set records, the Labor Department said on Wednesday.
IBT Staff Reporter
Oct 21, 2009
The current recession has been called a mancession because men have lost more jobs than women have, yet some experts contend women are suffering more: The tight money environment is causing them to give up everything from sleep to children as they worry about finances and scale back their lifestyles and family plans.
IBT Staff Reporter
Oct 21, 2009
Morgan Stanley's riskier trading operations have stolen the thunder from its growing brokerage -- at least for now.
IBT Staff Reporter
Oct 21, 2009
U.S. economic conditions stabilized or improved modestly in most parts of the country, according to a Federal Reserve report on Wednesday that suggested the economy was slowly clawing out of a recession.
IBT Staff Reporter
Oct 21, 2009
U.S. economic conditions stabilized or improved modestly in most parts of the country, according to a Federal Reserve report on Wednesday that suggested the economy was slowly clawing out of a recession.
IBT Staff Reporter
Oct 21, 2009
Microsoft on Tuesday confirmed the early delivery of Windows 7 in UK before its official launch on Thursday.
IBT Staff Reporter
Oct 21, 2009
Canada's main telecom regulator said on Wednesday it will let Internet service providers slow or throttle traffic such as file-sharing that the companies say threatens to overwhelm their networks -- but only as a last resort.
IBT Staff Reporter
Oct 21, 2009
Morgan Stanley's riskier trading operations have stolen the thunder from its growing brokerage -- at least for now.
IBT Staff Reporter
Oct 21, 2009
Internet telephony company Skype aims to open up its platform to boost access to services by the business sector, Chief Executive Josh Silverman said on Wednesday.
IBT Staff Reporter
Oct 21, 2009
Google Inc is partnering with major music labels to launch a new feature to make it easier to discover, sample and buy songs on the search engine, according to two people familiar with the plan.
IBT Staff Reporter
Oct 21, 2009
* First weeks of Madoff's prison life* Drug dealer, child molester, mob boss and spy
IBT Staff Reporter
Oct 21, 2009
Wells Fargo & Co and U.S. Bancorp posted earnings that trounced Wall Street expectations, helped by outsized revenue from underwriting mortgages.
IBT Staff Reporter
Oct 21, 2009
Epic swindler Bernard Madoff shared a prison cell with a 21-year-old drug dealer, and other fellow inmates included a spy and a mob boss when he was sent to prison in July, according to court documents.
IBT Staff Reporter
Oct 21, 2009
Hedge fund firm Galleon Group said it is winding down its funds, less than a week after its founder was arrested and charged with running one of the biggest insider-trading schemes ever involving a hedge fund.
IBT Staff Reporter
Oct 21, 2009
Google Inc is partnering with major music labels to launch a new feature to make it easier for music fans to discover, sample and buy songs on the search engine, according to two people familiar with the plan.
IBT Staff Reporter
Oct 21, 2009
Hedge fund firm Galleon Group said it is winding down its funds, less than a week after its founder was arrested and charged with running one of the biggest insider-trading schemes ever involving a hedge fund.
IBT Staff Reporter
Oct 21, 2009
Morgan Stanley reported better-than expected third-quarter profit on Wednesday with results bolstered by strong fixed income sales and trading revenue and improved investment banking underwriting results.
IBT Staff Reporter
Oct 21, 2009
A management revamp at Nokia following a record loss has given 51-year old chief financial officer Rick Simonson a shot at becoming the first non-Finnish chief executive of the world's largest handset maker.
IBT Staff Reporter
Oct 21, 2009
Verizon Communications Chief Executive Ivan Seidenberg said on Wednesday the current debate about net neutrality is extremely troubling and risks halting progress in broadband development.
IBT Staff Reporter
Oct 21, 2009
Yahoo Inc beat Wall Street's profit and sales expectations as spending by advertisers showed signs of life in the third quarter and as months of cost-cutting and restructuring boosted the Internet company's bottom line.
IBT Staff Reporter
Oct 21, 2009
Morgan Stanley reported better-than-expected third-quarter profit on Wednesday, ending a string of three straight losing quarters.
IBT Staff Reporter
Oct 21, 2009
Morgan Stanley reported a better than forecast third quarter profit on Wednesday, helped by strong fixed income sales and trading revenues, ending a string of three straight losing quarters.
IBT Staff Reporter
Oct 21, 2009
Morgan Stanley may hand over its unit Crescent Real Estate Equities Co to Barclays Capital, the Wall Street Journal said, citing people familiar with the matter.
IBT Staff Reporter
Oct 21, 2009
The time for the U.S. Federal Reserve to start pulling back its extensive support for the economy is not close at hand and policymakers have time to decide what sequence of steps they will take, San Francisco Fed President Janet Yellen said on Tuesday.
IBT Staff Reporter
Oct 21, 2009
Some investors defrauded by epic swindler Bernard Madoff on Tuesday added accounting firm KPMG , JPMorgan Chase and Bank of New York Mellon to a civil lawsuit in a New York court, lawyer Joseph Cotchett said.
IBT Staff Reporter
Oct 20, 2009
Dozens of employees at Galleon Group are hunting for new jobs as investors debate how to react after the hedge fund's founder was arrested and charged with running one of the biggest insider trading schemes.
IBT Staff Reporter
Oct 20, 2009
Softer-than-expected U.S. housing starts last month and a drop in prices paid at the farm and factory gate pointed to an anemic economic recovery, backing views that interest rates could stay low for a while.
IBT Staff Reporter
Oct 20, 2009
Bumper payouts to bankers should be seen as part of a longer term investment in London's economy, the vice chairman of Goldman Sachs International told a debate on ethics at St Paul's Cathedral on Tuesday.
IBT Staff Reporter
Oct 20, 2009