IBT Staff Reporter

48121-48150 (out of 154954)

Enbridge gets first aboriginal partner for Gateway

The Gitxsan First Nation said on Friday it has agreed to become the first aboriginal partner for Enbridge Inc's C$5.5 billion ($5.42 billion) Northern Gateway oil pipeline, one day after other native groups in British Columbia pledged to block the project.

Expanding oil exports top priority: Canadian minister

Canada believes the United States will ultimately approve TransCanada's proposed Keystone XL pipeline, which Washington put on hold last month for more than a year, Natural Resources Minister Joe Oliver said on Friday.

Fed lifts veil on primary dealer survey

The Federal Reserve Bank of New York took another step in its campaign to become more transparent on Friday, announcing it will publish one of the regular queries it puts to market participants.

Goldman Sachs veteran Forst to retire

Goldman Sachs Group's co-head of investment management, Edward Forst, will retire at the end of the year after 16 years with the company, according to a memo sent to employees on Friday.

Wall Street posts best week since 2009

Stocks ended flat on Friday but capped the best week for Wall Street bulls in almost three years after data showed the U.S. unemployment rate dropped to a 2-1/2 year low.

ECB's Stark-Crisis cure needed to avoid disaster

An urgent solution to the euro zone debt crisis needs to be found otherwise there will be widespread macroeconomic and financial disaster, one of the European Central Bank's top policymakers Juergen Stark warned on Friday.

Germany's Merkel fights for euro, Cameron for UK

British Prime Minister David Cameron threatened on Friday to obstruct a Franco-German drive for swift change to the European Union's treaty, a sign of the difficulty leaders will face transforming Europe to save the euro.

Goldman veteran Forst to retire

Goldman Sachs Group co-head of investment management, Edward Forst, will retire at the end of the year after 16 years with the firm, according to a bank memo sent Friday.

BofA CEO faces investors, shares plumb lows

Bank of America Chief Executive Officer Brian Moynihan will have his work cut out for him next week when he speaks at an investor conference in New York, despite a recent uptick in his bank's stock price.

Lawmaker calls for FTC probe into Carrier IQ

U.S. Representative Edward Markey on Friday asked the Federal Trade Commission to investigate whether software maker Carrier IQ violated millions of mobile phone users' privacy rights.

AA woes menace Dallas, Miami, Chicago airports: Fitch

The finances of three major U.S. airports could weaken from the bankruptcy filings of American Airlines and its parent company, Fitch Ratings said on Friday as it revised rating outlooks lower on some of their debt from negative to stable.

Ubisoft dances through holiday sales season

French video games maker Ubisoft said it was well-positioned for the Christmas season after Thanksgiving sales proved better than last year, helped by a dance game featuring pop group the Black Eyed Peas.

Jobless rate drops to 2-1/2 year low

The unemployment rate tumbled to a 2-1/2 year low in November, even though the pace of hiring remained too slow to suggest a significant acceleration in the labor market recovery.

UK consumer watchdog probes Groupon

Britain's consumer watchdog, the Office of Fair Trading, said it is investigating Groupon UK after receiving complaints about how the daily-deal company was conducting its business.

SocGen to cut 700 jobs in Americas, Asia: union

French bank Societe Generale is to cut 700 jobs at its American and Asian operations as it pulls back on U.S. dollar lending to cut debt and strengthen its balance sheet, two trade-union sources said on Friday.

Old media executives too busy, private for Twitter

Twitter gives an instant snapshot of the buzz around television shows, computer game launches and even new ads, but many media executives are simply too busy to tweet or engage with the microblogging service very much themselves.

Jobless rate unexpectedly rises in November

Canada's economy unexpectedly lost jobs for a second straight month in November, raising concern that weakness in other countries may do lasting harm to an economy that has so far been surprisingly robust.

Wall Street Heads for Best Week in 3 Years

Stocks rose on Friday, on course for their best week in almost three years, after the U.S. unemployment rate dropped to a 2-1/2 year low, but resistance close to a key technical level limited gains as traders booked profits before the weekend.

Wall St heads for best week in 3 years

Stocks rose on Friday, on course for their best week in almost three years, after the U.S. unemployment rate dropped to a 2-1/2 year low, but resistance close to a key technical level limited gains as traders booked profits before the weekend.

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