IBT Staff Reporter

49771-49800 (out of 154954)

Home Depot outshines Lowe's again; ups outlook

Home Depot Inc raised its fiscal-year outlook for the third time in six months as a host of efforts to improve distribution and boost customer service helped the No. 1 home improvement chain gain share from archrival Lowe's Cos Inc .

Goldman CEO: Wall Street could rebound

Goldman Sachs Group Inc Chief Executive Officer Lloyd Blankfein said it is too early to say that Wall Street business is down because the industry has fundamentally changed.

Exclusive: Olympus accounting tricks queried back in 1990s

An investment banker raised concerns about dubious accounting at Japan's disgraced Olympus Corp as long ago as the 1990s, after he discovered it was using Bermuda-based funds to invent assets and patch up its balance sheet, he told Reuters.

'The Elder Scrolls V: Skyrim' Review

The Elder Scrolls, a fantasy role playing game series, is back and better than ever. Skyrim now offers more freedom than ever, improving vastly from previous Elder Scrolls. Skyrim takes the best parts of those games and makes some considerable changes to the formula, building on the best parts of past games while adding new elements. The result is a familiar system that feels fresh and new.

BofA Learned a Lesson from Debit Card Fury - CEO

Bank of America Corp. learned a lesson from its abandoned debit card fee and will work to provide transparency and fair pricing to customers while producing a return for shareholders, Chief Executive Brian Moynihan said on Tuesday.

Apple iPad Should Lower Price Point, Says Analyst

The phrase 'iPad killer' has been bandied about for so long that one could be forgiven for the mistake of thinking such a device actually exists. As it turns out, the true iPad killer, according to Goldman Sachs analyst Bill Shope, won't be another tablet but the iPad's own prohibitive price tag.

JPMorgan fined for sale of risky investments

A U.S. regulator ordered JPMorgan Chase & Co to pay $3.62 million in fines and reimbursement for recommending investments linked to junk bonds to unsophisticated customers who might not have been able to take on the risks.

How to play it: Riding the holiday shopping wave

Retailers have grappled with rising commodity costs, thinning margins and jittery consumer confidence all year. Now they're set for the ultimate test: The make-or-break holiday shopping season, which accounts for 20-to-30 percent of all retail sales.

Euro zone barely grows in Q3, recession looms

The euro zone economy grew just 0.2 percent in the third quarter as solid growth in Germany and France was dampened by countries at the sharp end of the debt crisis and economists expect a slide into recession by early next year.

Wal-Mart profit below forecasts despite better sales

Wal-Mart Stores Inc's decision to absorb most of the rising food costs for its stressed U.S. shoppers and spend on its e-commerce business weighed on profitability, even as key U.S. sales rose for the first time in more than two years.

Keystone XL Pipeline Rerouted Around Nebraska Sandhills

TransCanada agreed on Monday to reroute its Keystone XL oil pipeline around the Nebraska Sandhills in response to environmental concerns. The concession, which came on the heels of President Obama's decision to order a State Department re-review of the pipeline project, was a strategic move that divided the coalition of locals and environmentalists opposed the pipeline.

C.Suisse ends oldest Swiss bank brand Leu

Credit Suisse Group AG will fully integrate private bank Clariden Leu into its organization, ending the 250 year-old Leu brand and cutting jobs to achieve 200 million Swiss francs ($220 million) in annual cost savings.

Makana Sings Protest Song on Summit Dinner to Support Occupy Movement (Video)

Makana, a Hawaiian singer, performed to support the Occupy Movement at a dinner in Honolulu, which was hosted by President Barack Obama for Asia-Pacific Economic Co-operation Summit participants from 21 economies around the Asia-Pacific, including Obama family, Chinese President Hu Jintao and Russian President Dmitry Medvedev.

Achleitner move to Deutsche Bank defuses conflict

Paul Achleitner's move to Deutsche Bank AG's supervisory board installs a dealmaker with deep connections to the German establishment and defuses a potential conflict with shareholders as well as future co-chiefs Anshu Jain and Juergen Fitschen.

Retail sales beat expectations in October

Retail sales rose more than expected in October as strong receipts from motor vehicle and building material dealers offset the drag from service stations, suggesting the economy started the fourth quarter with some vigor.

NY Fed manufacturing growth index rises in November

A gauge of manufacturing in New York state rose in November, ending five straight months of contraction, while the outlook for coming months strengthened, the New York Federal Reserve said in a report on Tuesday.

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