IBT Staff Reporter

49141-49170 (out of 154954)

Epic fail for Qantas Twitter competition

Australia's Qantas Airlines has been left red-faced after an ill-timed public relations campaign and Twitter competition backfired, drawing thousands of angry responses.

U.S. Stock Futures Signal Mixed Open

Stock index futures pointed to a mixed open on Wall Street on Tuesday following the previous session's sharp losses, with futures for the S&P 500 up 0.49 percent, Dow Jones futures up 0.21 percent and Nasdaq 100 futures down 0.17 percent at 0831 GMT.

Katy Perry Back to Host ‘SNL’ with Guest Robyn

By the time anyone bothered to look at the press release NBC put out Monday confirming Katy Perry's guest spot on Saturday Night Live Dec. 10 with musical guest Robyn, a tweet from the California Gurls singer about her not-ready-for-prime-time gig had gotten around pretty quickly.

Regulators Warn BofA to Strengthen: Report

U.S. regulators have informed Bank of America's board that the company could face public enforcement action if they aren't satisfied with recent steps taken to strengthen the bank, The Wall Street Journal said, citing people familiar with the situation.

Short-Seller Report Batters China's Focus Media

Focus Media Holding Ltd , a U.S.-listed Chinese company, said a short-seller's report accusing it of overstating its assets was completely untrue, and it would make a statement refuting the allegations before U.S. markets open on Tuesday.

BofA warned by regulators to get stronger: report

U.S. regulators have informed Bank of America's board that the company could face public enforcement action if they are not satisfied with recent steps taken to strengthen the bank, the Wall Street Journal said, citing people familiar with the situation.

Acer Eyes 20-25% China Sales Growth in 2012

Taiwan's Acer Inc, the world's No.4 PC vendor by sales, expects its recent integration with Founder Technology and increased brand acceptance to help grow its China sales by between 20-25 percent next year, said the firm's head of China operations.

Acer eyes 20-25 percent China sales growth in

Taiwan's Acer Inc, the world's No.4 PC vendor by sales, expects its recent integration with Founder Technology and increased brand acceptance to help grow its China sales by between 20-25 percent next year, said the firm's head of China operations.

Focus Media Plunges on Muddy Waters Allegations

Shares of prominent Chinese digital media and advertising company Focus Media Holding Ltd plunged as much as 66 percent on Monday, after short-selling firm Muddy Waters accused the company of significant overstatement of the number of screens in its LCD network, among other charges.

Samsung in Talks to Produce Google TV

Samsung Electronics, the world's top TV maker, is in last-stage talks with Google to roll out its Google TVs, the head of Samsung's TV division told reporters on Tuesday.

Netflix Raises $400 Million in Shares, Debt

Video rental company Netflix Inc said late on Monday that it raised $400 million in fresh capital by selling convertible debt to long-time backer Technology Crossover Ventures and stock to funds managed by T. Rowe Price.

Lady Gaga’s Father Receives Half of Her Money

Lady Gaga might've written a love song called Paparazzi, but her true love is apparently her real-life papa, who the New York Post reported Sunday receives half of the pop icon's earnings. For as good a relationship as Joe Germanotta's had with his daughter, one source remarked that all that dough she raked in for scoring hits like Born This Way did nothing to hurt it.

Fed's Lockhart: prefer language change to bond buys

A top Federal Reserve official said on Monday that given recent improvements in the U.S. economy, any further central bank actions to boost growth should be through clearer communications about policy, rather than expanded bond buying.

HP seeks stability in 2012 after rocky year

Hewlett-Packard Co will ramp up spending on research, sales and turning around its flagging services arm in 2012, after its fourth-quarter profit fell nearly 91 percent on weak computer sales.

Goldman CEO, CFO may face Gupta insider testimony

Goldman Sachs Group Inc Chief Executive Officer Lloyd Blankfein and Chief Financial Officer David Viniar could be asked to testify in former board member Rajat Gupta's civil insider-trading case, according to court documents.

AT&T investigates security breach attempt

AT&T Inc, the No. 2 U.S. mobile provider, said it is investigating an organized and systemic attempt to access wireless customers' information but that it did not believe any accounts were breached.

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