IBT Staff Reporter

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Apple’s 15-inch MacBook Air?

CNET reported Sunday that a Japanese language site Macotakara believes Apple has a new 15-inch MacBook on the way. Rumors say testing on this new MacBook has begun.
Nov 01, 2011

Samsung Beats Apple Sales This Quarter

Reuters reported last Friday that Korean electronics company Samsung has surpassed Apple in smartphone sales this July through September quarter.
Nov 01, 2011

Greek referendum deepens euro zone crisis

The leaders of France and Germany scrambled on Tuesday to limit damage after Prime Minister George Papandreou decided to let Greeks vote on a bailout package -- a move that stunned markets and threw Greece's euro zone membership into question.
Nov 01, 2011

Futures drop on Greek referendum, Asian growth

Stock index futures tumbled on Tuesday as the deal to rescue Greece and prevent a wider sovereign debt crisis faced a new hurdle and as Asian economic data reignited fears of a slowdown in global growth.
Nov 01, 2011

Futures Lower on Greece and Asian Growth

Stock index futures tumbled on Tuesday as the deal to rescue Greece and prevent a wider sovereign debt crisis faced a new hurdle and as Asian economic data reignited fears of a slowdown in global growth.
Nov 01, 2011

Chain store sales seen up again in October

October sales reports this week will show steady spending by U.S. consumers, as improving finances for many shoppers helped overcome a barrage of scary headlines about the economy.
Nov 01, 2011

Greek referendum, Asian growth send futures lower

Stock index futures tumbled on Tuesday as the deal to rescue Greece and prevent a wider sovereign debt crisis faced a new hurdle and as Asian economic data reignited fears of a slowdown in global growth.
Nov 01, 2011

Edgy podcast re-ignites South Korean political activism

South Korea's president emerged as the unlikely star of Seoul's mayoral elections last week, but in a way he could not have dreamed of - as the butt of satire in a wildly popular podcast that helped end his party's grip on the country's capital.
Nov 01, 2011

Shorter University in Georgia: Gays Need Not Apply

All 200 employees of Shorter University in Rome, Ga., must sign a personal lifestyle statement disavowing all sexual activity not in agreement with the Bible, including premarital sex and homosexuality.
Nov 01, 2011

Greek Referendum Call Ignites German Anger

Prime Minister George Papandreou's shock decision to call a referendum on Greece's bailout drew veiled threats from Germany on Tuesday and hammered markets edgy over the euro zone crisis.
Nov 01, 2011

Futures point to Wall Street extending decline

Futures pointed to a lower open on Wall Street on Tuesday, adding to losses in the previous session, with the shock announcement of a Greek referendum on its bailout dragging down markets worldwide.
Nov 01, 2011

Nomura posts $591 million loss, triples cost-cut target

Japan's Nomura Holdings <8604.T> posted its first quarterly loss in 2-1/2 years on Tuesday due to a sharp drop in investment banking revenues and tripled its cost-cutting target to $1.2 billion in a setback to its overseas expansion plans.
Nov 01, 2011

Greek referendum threatens new euro zone crisis

Prime Minister George Papandreou's shock announcement that he will put Greece's bailout to a referendum threatened to intensify the euro zone crisis, and brought complaints in Germany that Athens is trying to wriggle out of the deal.
Nov 01, 2011

China's Groupon clone files for $100 million U.S. IPO

China's leading daily-deals website Lashou Group plans to raise up to $100 million in an initial public offering on the Nasdaq to expand its marketing efforts and delivery systems, according to a filing to the stock exchange.
Nov 01, 2011

Greek vote plan sends stocks tumbling

Greece's shock decision to hold a referendum on its euro zone bail-out package sent investors scurrying for safer investments on Tuesday, hammering stocks and punishing the euro.
Nov 01, 2011

Greece stokes euro debt fears, hits riskier assets

Asian shares and commodities fell on Tuesday, after a shock announcement that Greece will hold a referendum on a new EU bailout deal for the debt-ridden country threw efforts to resolve the euro zone's debt crisis into fresh doubt.
Nov 01, 2011

China's Groupon Clone Files for $100 Million U.S. IPO

China's leading daily-deals website Lashou Group plans to raise up to $100 million in an initial public offering on the Nasdaq to expand its marketing efforts and delivery systems, according to a filing to the stock exchange.
Nov 01, 2011

China PMI in surprise fall, lowest since 2009

China's big manufacturers ran at their slowest pace in October since early 2009, purchasing managers' data shows, though signs of a bounce-back at smaller firms and a sharp fall in factory-gate prices suggest no swift change to interest rates.
Nov 01, 2011

China PMI in Surprise Fall to Lowest Point Since 2009

China's big manufacturers ran at their slowest pace in October since early 2009, purchasing managers' data shows, though signs of a bounce-back at smaller firms and a sharp fall in factory-gate prices suggest no swift change to interest rates.
Nov 01, 2011

Penney Bets on Finer Offerings for Holiday Season

J.C. Penney Co Inc is adding more expensive items to its holiday selection this year, betting its efforts to become a more fashionable retailer will bring in shoppers willing to spend more.
Nov 01, 2011

Judge rejects Tribune Co's plan to exit bankruptcy

Tribune Co, the owner of the Los Angeles Times and Chicago Tribune newspapers, suffered a legal defeat on Monday after a judge late Monday rejected its plan to end its three-year stay in bankruptcy.
Oct 31, 2011

World Conference Seeks Cooperation on Cyberspace Threats

Ministers, tech executives and Internet activists from around the world gather in London on Tuesday to discuss how to tackle security threats and crime on the Internet without stifling economic opportunities or freedom of speech.
Oct 31, 2011

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