IBT Staff Reporter

47161-47190 (out of 154954)

International groups want off Internet name expansion

The United Nations, the International Monetary Fund and 26 other international organizations are pressing the keepers of the Internet to prevent addresses like .un or .imf from being taken by cybersquatters in an upcoming expansion of domain names.

Damien Hirst to show his Spots worldwide

British artist Damien Hirst, who sold a collection of works for a record $200 million in 2008, will be display his iconic Spot paintings at Gagosian galleries around the world in January, the gallery said on Tuesday.

Jive Software shares surge in market debut

Jive Software Inc's shares soared in their market debut as investors look to cash in on the immense popularity of social media offerings on the backdrop of upcoming IPOs like those of Facebook and Zynga.

Michael Jackson's doctor too poor to fund appeal

Michael Jackson's doctor on Tuesday asked for a publicly-funded lawyer to handle his appeal on a manslaughter conviction in the pop star's death, saying he could not afford to pay for one himself.

Boeing logs big order from Southwest

Boeing Co bagged its first firm order for the new 737 MAX fuel-efficient, narrowbody plane, as part of a $19 billion deal with Southwest Airlines that the jet maker calls its largest order ever.

China considers Seychelles port offer, denies base plan

China will consider turning to the Seychelles as a resupply port for navy ships taking part in anti-piracy operations off Africa, official media said, rejecting suggestions this would amount to a military base that could unsettle the region.

Yahoo investor slams potential minority stake sale

Third Point LLC, an activist shareholder in Yahoo Inc, expressed fresh concern on Tuesday that the Internet company is looking at a sweetheart deal with private equity that could entrench founder Jerry Yang and the current board.

Steve Cohen says insider trading rules are vague

Hedge fund billionaire Steven A. Cohen in sworn testimony earlier this year called the rules on insider trading very vague and said sometimes it's a judgment call as to whether a tidbit about a public company is inside information.

Avon's Jung loses CEO title

Avon Products Inc on Tuesday said that it was replacing Andrea Jung as chief executive, a move that comes as the cosmetics company tries to recover from a myriad of problems, including a federal bribery probe and weak sales in key international markets.

Fed Points to Risks from Europe

The Federal Reserve on Tuesday pointed to turmoil in Europe as a big risk to the U.S. economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the U.S. labor market.

Nokia Siemens to ramp down Iran operations

The world No. 2 mobile telecom equipment maker Nokia Siemens Networks will start to gradually ramp down its business in Iran, pressured by tightening international sanctions.

Deadline Time as Japan's Olympus struggles to Survive

Japan's scandal-ridden Olympus Corp faces one of its biggest challenges to survive as an independent company on Wednesday, when it must meet a deadline to file its second-quarter results or be delisted from the Tokyo stock exchange.

Greek debt swap talks make progress, no deal yet

A deal to restructure Greek bonds could see banks rank on an equal footing with official euro zone lenders to the country under a plan being discussed, one of the lead negotiators said on Tuesday.

Credit Agricole to unveil job cuts: union

French bank Credit Agricole will unveil a restructuring on Wednesday, a trade-union representative told Reuters, and the number of jobs cuts could reach around 2,000, the Figaro later reported.

Emails warned James Murdoch on extent of hacking

A British Parliamentary committee on Tuesday published a sequence of e-mails which raised questions about the story News Corp's James Murdoch told to House of Commons legislators about what he knew about phone hacking allegations involving the now-defunct News of the World and when he knew it.

Critics stamp their approval on Dragon Tattoo

Director David Fincher's film adaptation of The Girl with the Dragon Tattoo earned solid early reviews on Tuesday following its London premiere, and the studio behind it pushed up the release in a crowded holiday season.

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