IBT Staff Reporter

44431-44460 (out of 154954)

Payday Lenders Plead Case to U.S. Consumer Agency

Payday lenders gathered an array of supporters at a hearing hosted by the U.S. Consumer Financial Protection Bureau, trying to sell the new agency on the benefits of the controversial short-term, high-interest loans.

Top Senate Republican wants Web bill shelved

The top Senate Republican urged Democrats on Thursday to set aside a bill aimed at stopping online piracy of movies and music, dealing yet another blow to controversial legislation that has pitted Hollywood against tech companies.

U.S. accuses Megaupload of copyright infringement

A major Internet content hosting website, Megaupload.com, its founders and several employees have been charged by U.S. authorities for a massive copyright infringement scheme, the latest skirmish in a battle against piracy of movies and music.

Google Results Fall Short; Rare Miss Hurts Shares

Google Inc's quarterly results fell short of Wall Street's heightened expectations for the holiday season as declining search advertising rates contributed to a rare miss, triggering a 9 percent slide in its shares.

IBM Brims with Confidence for 2012 after Solid Quarter

JAN 19 - IBM Corp, the world's largest technology services company, aims to grow earnings by at least 10 percent this year after it beat fourth quarter profit estimates, underderscoring signs of confidence in global tech spending.

Moody's Warns of Cut to Big Bank Ratings

Moody's Investors Service, the credit rating agency of Moody's Corp , warned on Thursday that it is likely to make further cuts in credit ratings of many European banks and global investment banks.

Intel quarterly revenue forecast meets expectations

Intel Corp forecast quarterly revenue in line with Wall Street's expectations as a shortage of hard drives disrupts PC production in a market already hobbled by a shaky economy and a growing preference for tablets.

Wall Street Shed 2,000 Jobs in December

Wall Street axed 2,000 workers in December as poor profits led companies to slice expenses, the biggest reduction since last summer when the industry released its summer interns, James Brown, a labor market analyst with the New York Department of Labor, said on Thursday.

U.S. accuses website, execs of copyright infringement

A major Internet content hosting website, Megaupload.com, its founders and employees have been charged by a U.S. grand jury over a massive copyright infringement scheme, the latest skirmish in a battle against piracy of movies and music.

Amazon's India launch may be limited: report

Amazon.com Inc's highly anticipated entrance into India's retail market may be limited to operating an online marketplace for other merchants, the Times of India reported Thursday.

Microsoft Profit Slips as PC Sales Shrink

Microsoft Corp's fiscal second-quarter profit fell very slightly as lagging computer sales to cash-strapped consumers in the United States and Europe hurt its core Windows business.

Intel results exceed Street, capex jumps

Intel Corp's quarterly results modestly beat Wall Street's expectations as it faces a tough PC market, and the chipmaker said it was sharply increasing its capital expenditures in an apparent bid to speed up its entry into tablets and smartphones.

TSX hits 10-week high on Europe hope, U.S. banks

Canada's main stock index touched a 10-week high on Thursday as the financial and energy-linked sectors climbed on easing concerns about the European debt crisis and encouraging U.S. bank earnings.

Canada's Star Fades as Economy Faces Tough 2012

Canada's moment in the sun as the fastest-growing economy in the G7 club of rich countries is set to end this year, when it will likely underperform the U. S. for the first time in seven years and struggle with a mounting household debt problem.

South Carolina Primary: 5 Things to Look For

The South Carolina primary is on Saturday, and only four candidates -- Newt Gingrich, Mitt Romney, Ron Paul and Rick Santorum -- remain. Here are five things to look for when the results come in.

Canadian Freestyle Skier Sarah Burke Dies at 29

Top Canadian freestyle skier Sarah Burke, seen as an early Olympic gold medal favorite ahead of the 2014 games, died on Thursday from injuries sustained in a training accident in Utah last week, a family spokeswoman said.

Intel results meet Street, capex jumps

Intel Corp's quarterly results met Wall Street's expectations as it faces a tough PC market, and the chipmaker said it was sharply increasing its capital expenditures in an apparent bid to speed up its entry into tablets and smartphones.

IBM sees 10 percent EPS growth in 2012 after solid Q4

JAN 19 - IBM Corp, the world's largest technology services company, aims to grow earnings by 10 percent this year after it beat fourth quarter profit estimates, underderscoring signs of confidence in global tech spending.

IBM quarterly EPS up 11 percent, sees 2012 growth

IBM Corp, the world's largest technology services company, reported an 11 percent increase in fourth quarter profit, beating estimates and underscoring signs of confidence that economic worries had crimped tech spending.

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