IBT Staff Reporter

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Will $100 in Free Apps Be Enough to Save BlackBerry?

BlackBerry maker RIM announced Monday that it would be offering a one-month extension as well as more than $100 worth of premium apps to its customers for free - an apology of sorts to its millions of disgruntled customers, who suffered global outages last week. The free downloads and service extension come appended to the most recent of a series of apologies issued by RIM for outages that spanned parts of Asia, Africa, the Middle East, Europe, Canada and the U.S. Mike Lazaridis, co-C.E.O. of RI...

Surprise! Cellphone Overcharges No More

Ever get your cellphone bill in the mail only to find tons of surcharges? Well, on Monday the Federal Communications Commission (FCC) managed to make wireless carriers to agree to give customers an alert when they are approaching their plan limits.

Goldman Sachs posts deeper-than-expected Q3 loss

Goldman Sachs Group Inc posted a wider-than-expected loss of $428 million for the third quarter, only its second quarterly loss as a public company, hurt by sharp declines in the value of investment securities and customer trading assets.

Bank of America lending profit down, expenses rise

Bank of America Corp posted a third-quarter profit on Tuesday, helped by accounting gains and asset sales, but the bank's main businesses showed signs of weakness as lending profits dropped and expenses rose.

China Growth Slows to 2-year Low

China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.

Stock index futures off on China worries, France caution

S&P 500 stock index futures eased modestly on Tuesday after a Moody's warning on France's credit rating and a slowdown in China's growth revived concerns over a worsening debt crisis in Europe and a hard landing for Asian economies.

Flash sales pioneer Vente-Privee targets U.S.

Vente-Privee, the French start-up that pioneered the now much-imitated model of on-line flash sales, plans to launch its U.S. website by mid-November in partnership with American Express and aims to reach $500 million in sales in the ultra-competitive market in the next five years.

The IRL, Dan Wheldon and Ghosts of Crashes Past

On Sunday, October 16, 2011, English motorsports professional, Daniel Wheldon, driving for the Sam Schmidt Motorsports team in the 2011 IndyCar Series in America, died during the race. Any analysis of the incident must begin with an understanding not only of what happened but also the context within which it did. In other words, before we investigate the crash, we need to understand what Indy Racing is all about.

UK-U.S. extradition review deals blow to hacker

An extradition treaty with the United States is not biased against British criminal suspects, a judge-led review said on Tuesday, dealing a blow to campaigners fighting to stop a computer hacker being sent to stand trial in America.

Shares fall after China GDP, French warning

World stocks stumbled from the previous day's 1-1/2 month high on Tuesday and government bonds rose as slower-than-expected Chinese growth and a warning on France's triple-A sovereign credit rating prompted investors to cut risks.

China Q3 growth to 2-year low, but no rate cuts seen

China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.

Danone Q3 growth slows, confident for 2012

French food group Danone SA said softening commodity prices, robust growth in emerging markets and the expected benefits from the acquisition of Unimilk in Russia made it confident for 2012.

Boeing sees more Dreamliner cancellations, still upbeat

U.S. plane maker Boeing Co on Tuesday predicted more sales cancellations for its delayed Dreamliner 787, after a Chinese airline scrapped 24 orders, but said the overall order book for the new long-range aircraft remained strong.

China Q3 Growth at Two-Year Low, but no Rate Cut Seen

China's economic expansion slowed in the third quarter to its weakest pace since early 2009 as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.

China Q3 growth at 2-year low, but no rate cut seen

China's economic expansion slowed in the third quarter to its weakest pace since early 2009 as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.

Global retail theft up 6.6 percent in latest year

Shoplifting, employee theft and organized crime cost the global retail industry $119 billion in the 12 months ended in June, up 6.6 percent from a year earlier, according to survey results released on Tuesday.

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