IBT Staff Reporter

45301-45330 (out of 154954)

Ford CFO to retire in 2012: sources

Ford Motor Co chief financial officer Lewis Booth plans to retire in the first half of this year, two people familiar with the matter said on Monday.

China trade growth slows to 2-year lows in December

China's exports and imports grew at their slowest pace in more than two years in December as foreign and domestic demand ebbed, data showed on Tuesday, bolstering expectations of more policy action from Beijing to support the world's number two economy.

HP unveils new glass encased laptop

Hewlett-Packard Co on Monday unveiled a new glass-encased laptop computer as the largest computer maker stepped up its efforts to chip away at rival Apple Inc's stronghold in high-end PC market.

SEC wants banks to say more on European debt exposure

Jan 9 - The Securities and Exchange Commission has urged banks to publish more details about their exposure to European sovereign debt, a factor in the recent bankruptcy of the futures brokerage MF Global Holdings Ltd .

Consumer credit surges by most since 2001

U.S. consumer credit surged 10 percent in November, its biggest jump in a decade in a positive signal for the economy as consumers tapped their credit cards and the government doled out more student loans.

United reaches tentative deal with flight attendants

Flight attendant leaders of United Airlines accepted the terms of tentative agreement with the airlines regarding their contract and will send it to 15,000 United Flight attendants for a vote, Association of Flight Attendants said in a statement.

DoJ contacting additional banks on mortgage deal

As the government nears a deal with top banks to resolve mortgage abuses, the Justice Department has begun reaching out to other banks to gauge their interest in joining the wide-ranging settlement, according to a person familiar with the matter.

Anti-Romney video's trailer ignites a buzz

Hollywood movie producers would kill for the kind of buzz that surrounds the barely seen video that could be the next bombshell in the campaign for the Republican presidential nomination.

Katy Perry exits show after split from Brand

Pop singer Katy Perry on Monday pulled out of this week's People's Choice Awards show and what would have been her first major public appearance since her split with husband Russell Brand.

Honda aims to kick-start Acura with new models

Honda Motor Co <7267.T> unveiled three Acura models at the Detroit auto show on Monday including an entry-level sedan and an NSX supercar as it aims to put the struggling premium brand back on the map in the crowded U.S. luxury market.

Horror flick Devil surprises with $34.5 million

Low-budget horror movie The Devil Inside scared up a surprisingly strong $34.5 million in U.S. and Canadian ticket sales to take possession of the weekend box office crown, according to studio estimates released on Sunday.

What's in that OJ? Tropicana is sued

A California woman is suing the maker of Tropicana claiming it is squeezing consumers by touting the best-selling U.S. orange juice as 100% pure and natural when it is not.

CES: Intel Readies Ultrabook Marketing Barrage

Intel plans to make its biggest marketing push since 2003 for a new, super-thin category of laptops it has dubbed ultrabooks, hoping to fend off major strides made by Apple Inc and its MacBook Air into the high-end personal computing market.

Alcoa posts loss; gives positive aluminum outlook

Alcoa Inc posted a fourth quarter loss due to a steep plunge in aluminum prices, but its revenue beat expectations and the company gave a positive outlook for global demand for the metal, especially in the aerospace and automotive markets.

CES: AT&T promises 8 new high-speed devices

AT&T Inc announced plans to launch seven new smartphones and a tablet computer early this year for a new wireless network it is building, in an effort to catch up with bigger rival Verizon Wireless in high-speed wireless services.

Olympus Suing Current, Former Executives

Olympus Corp said on Tuesday it was suing 19 current and former executives including President Shuichi Takayama for up to 3.6 billion yen ($46.84 million) in compensation and that all current board members subject to the lawsuit would resign in March or April, as the firm struggles to recover from one of Japan's worst accounting scandals.

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