IBT Staff Reporter

39661-39690 (out of 154954)

Astounding Seattle TRO ruling could remake smartphone wars

With a single ruling this week, U.S. District Judge James Robart of Seattle federal court may have fundamentally altered the balance of power between Motorola Mobility and the leading opponents of Motorola's soon-to-be-parent Google, Microsoft and Apple.

House to try again to advance Keystone pipeline

Republicans in the U.S. House of Representatives will revive efforts to quickly advance the stalled Keystone XL crude oil pipeline and insist that approval for the project be part of a long-term deal to fund highways and other infrastructure.

Murdoch's Times faces email hacking damages claim

Rupert Murdoch's Times of London is facing a claim for exemplary damages after admitting hacking into the email of an anonymous police blogger to expose his identity, lawyer Mark Lewis told Reuters on Friday.

JPMorgan gets boost from better economy, trading

An uptick in trading and dealmaking lifted JPMorgan Chase & Co's first-quarter profits out of the funk of late 2011, but the recovery fell short of the good times the largest U.S. bank enjoyed a year ago.

Consumer sentiment dips in early April

Consumer sentiment slipped modestly in early April as higher gasoline prices hit household budgets but optimism over the economic outlook lifted consumers' expectations, a survey released on Friday showed.

Lower light bills curb gasoline's boost to CPI

Consumer prices rose modestly in March as falling electricity costs countered higher gasoline prices, boosting the view the U.S. Federal Reserve has room to provide more support for the economy if needed.

Exxon, Rosneft to formalize JV, brief analysts

Russian state oil firm Rosneft will gain access to unconventional hydrocarbon resources in North America in exchange for access to Russia's Arctic offshore when it finalizes a joint venture deal with ExxonMobil on Monday, industry sources said on Friday.

Consumer prices up 0.3 percent in March

U.S. consumer prices rose modestly in March as falling electricity costs countered higher gasoline prices, boosting the view the U.S. Federal Reserve has room to provide more support for the economy if needed.

Weak China GDP growth no signal for fresh stimulus

Speculation that China's weakest quarter of annual economic growth since the global financial crisis will trigger a flood of policy support to fight the downturn misses a crucial point - the taps are already turned on.

Futures fall on Spanish yields, China GDP

Stock index futures fell on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data, and banks fell after quarterly results.

JPMorgan profit falls 3 percent but tops Street view

JPMorgan Chase & Co's first-quarter profit fell 3 percent as recent improvement in trading and deal-making failed to lift investment banking revenue to year-earlier levels, but results still beat Wall Street expectations.

Oracle kicks off busy trial season against Google

Oracle Corp is set to go to trial next week against Google Inc in a high-stakes dispute over smartphone technology, the biggest case in what is shaping up to be an intense year in court for the enterprise software giant.

Hacking report threatens Murdoch's grip on BSkyB

A British parliamentary report into a phone hacking scandal may lead eventually to News Corp being forced into cutting or selling its stake in the highly profitable pay-TV firm BSkyB, having already dropped its bid to buy it outright last year.

Infosys' slower revenue growth outlook slams shares

India's Infosys Ltd disappointed investors on Friday with a weaker-than-expected revenue growth outlook due to an uncertain global economy, sending its shares plunging more than 12 percent in their biggest fall in nearly three years.

Chinese economy slows to near 3-year low

China's economy grew at its slowest in nearly three years in the first three months of 2012, with a weaker than expected reading raising investor concerns that a five-quarter long slide has not bottomed and that more policy action would be needed to halt it.

Infosys Q4 profit rises, but slower outlook hits shares

Infosys Ltd , India's No.2 software services exporter, posted a 27.4 percent rise in quarterly profit on Friday, but forecast lower-than-expected revenue growth for the current fiscal year due to an uncertain global economy and currency volatility.

Pages