IBT Staff Reporter

43681-43710 (out of 154954)

Dixons Retail CEO quits to join Apple

Europe's second-biggest electrical goods retailer Dixons Retail said on Tuesday that its chief executive was leaving the company to join the world's most valuable technology corporation, Apple, as senior vice president of retail.

Twitter CEO says new policy is for transparency: report

Twitter Chief Executive Dick Costolo said the company's recently announced online content policy was meant to be a transparent way to handle government requests for the removal of certain content and did not mean it is actively monitoring Tweets, the Wall Street Journal reported.

Euro, shares gain as Greek debt fears recede

The euro rose and world shares recovered on Tuesday on hopes of a deal this week to free up the next tranche of aid for Greece, though concerns about Portugal following a similar path capped gains and fresh data on the region's economic outlook weighed on sentiment.

German retail sales unexpectedly fall in December

German retail sales fell unexpectedly in December, suggesting Europe's debt crisis unsettled consumers during key Christmas trade, although economists said they expected the preliminary data to be revised upwards.

Pinkberry co-founder pleads not guilty to assault

Pinkberry co-founder Young Lee on Monday pleaded not guilty to a charge of assault with a deadly weapon, stemming from a confrontation with a panhandler that police say ended with Lee hitting the man with a tire iron.

Julian Assange to guest star on The Simpsons

Controversial WikiLeaks founder Julian Assange will be a guest character and voice on animated TV comedy The Simpsons, playing a neighbor of the family after they move from their home in fictional Springfield.

S.Korea's E-Land says in consortium bid for LA Dodgers

South Korean retailer E-Land Group confirmed on Tuesday it is part of a consortium that is among short-listed bidders in the auction for bankrupt Los Angeles Dodgers baseball team, a move that could help it expand further in the sportswear business.

The Help gets Oscar boost with big SAG wins

Civil rights drama The Help got a leg up in the Oscar race on Sunday when the movie won three awards from the Screen Actors Guild, including best cast in a surprise over silent movie romance The Artist.

Naked activists flash flesh for banned Iranian actress

A fleshy rebellion is spreading hot and fast across the cybersphere, as a growing number of activists are stripping down in support of Iranian actress Golshifteh Farahani, who was reportedly banned from her homeland after posing topless for French magazine Madame Le Figaro.

Honda slashes annual profit outlook on disasters, yen

Honda Motor Co forecast a worse-than-expected 65 percent drop in profit for the year to March after natural disasters in Japan and Thailand hammered it harder than its rivals while the strong yen delivered an added blow.

J&J to replace Tylenol unit management: report

Johnson & Johnson will replace two company group chairmen in charge of its unit that makes Tylenol, following a series of recalls of its popular medicines, the Wall Street Journal said, citing an internal company announcement.

Warm winter adds to retailers' post-holiday blues

Unseasonably warm weather across the United States forced many retailers to offer deeper-than-usual discounts to clear out coats, sweaters and boots in January, pointing to tepid sales in the typically slow post-holiday month.

Mexicans overcharged billions for phone, web: study

Mexicans have been overcharged $13.4 billion a year for phone and internet services as the industry dominated by billionaire Carlos Slim gouges customers and keeps the economy from growing, a study released on Monday said.

IMF Plays Down Risk of China 'Hard Landing'

A senior International Monetary Fund official said on Monday that China was taking steps to reduce property bubble risks and said it has room to add fiscal stimulus if conditions worsen.

IMF plays down risk of China hard landing

A senior International Monetary Fund official said on Monday that China was taking steps to reduce property bubble risks and said it has room to add fiscal stimulus if conditions worsen.

AT&T Reorganizes Management Positions

Wireless provider AT&T has put company veteran John Stankey in charge of strategy amid a management reshuffle after its failed attempt to take over Deutsche Telekom's U.S. mobile unit.

Bond Markets Pushing Portugal Back Toward the Brink

Portugal's slide towards becoming the next Greece - needing a second bailout to avoid bankruptcy - accelerated on Monday as untrusting underwriters hiked the cost of insuring Lisbon's bonds to new highs and insisted it be paid up front.

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