IBT Staff Reporter

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Ford-UAW pact moves closer to ratification

The United Auto Workers tentative contract with the Ford Motor Co took a big step toward ratification on Sunday when the biggest local union voted 62 percent for the new deal.
Oct 16, 2011

Rio's $700 million tax to boost Guinea's infrastructure

The government of Guinea will use 35 percent of a $700 million windfall from Anglo-Australian miner Rio Tinto to rebuild the mineral-rich West African nation's broken infrastructure, a Guinean official said on Sunday.
Oct 16, 2011

SEC wrestling with conflict minerals disclosure

Securities regulators are struggling to craft a rule that sheds light on companies that use certain African conflict minerals but avoids a compliance nightmare that hurts U.S. manufacturers.
Oct 16, 2011

German finance minister: Greek debt write-down must be higher

Greece's debt crisis cannot be solved without a write-down on Greek debt, and this would likely have to be larger than the write-down considered this Summer, German Finance Minister Wolfgang Schaeuble told German broadcaster ARD on Sunday.
Oct 16, 2011

Greek banks may need short-term nationalization: Blackrock

Some Greek banks may have to be nationalized temporarily to cope if Europe imposes a major discount on Greek bonds as part of a euro zone rescue, a top executive of investment firm BlackRock told Greek newspapers on Sunday.
Oct 16, 2011

Top 8 iPhone 4S Apps

Though the iPhone 4S looks like an older sibling of the iPhone 4, it has a stronger processor and better camera than the iPhone 4, as well as Siri voice control and a bunch of apps that make a big difference between the two versions of the same phone.
Oct 16, 2011

Apple iPhone 4S Goes on Sale: Top 5 Reasons Why it Will Smash Previous Debut Weekend Sales Records

If you haven't tripped over an eager Apple fan stationed on the sidewalk outside of a store yet on Friday, you'll still have noticed a certain percentage of pedestrian traffic staring at their iPhones with more avidity than usual. That's because these individuals - whom you will have to swerve to avoid walking into- were probably among the nearly 4 million people worldwide that are expected to purchase an iPhone 4S this weekend.
Oct 16, 2011

Swiss banks summoned to hearing on tax evasion: report

Swiss banks accused of helping Americans to dodge taxes have been summoned to a parliamentary committee hearing this week at which they will be asked to explain their actions, Swiss newspaper NZZ am Sonntag reported on Sunday.
Oct 16, 2011

iPhone 4S Unleashed: Should Rivals be Afraid?

The day has finally come. The next generation iPhone became officially available in stores on Friday, and we're probably all wondering the same thing. How does this change the playing field of smartphones?
Oct 16, 2011

Waiting in Line for an iPhone 4S? Forget It, Just Buy a Spot

Here in San Francisco's downtown Stockton location, eager buyers came out as early as 4PM on Thursday. What may sound even more preposterous is that you can instead buy your spot in line if you don't want to wait. That is, if you make a high enough offer, anyway.
Oct 16, 2011

Egypt's Mobinil says customer boycott subsides

The number of subscribers cancelling their Mobinil subscriptions has tumbled from a peak earlier this year when some customers took offence at a cartoon posted online by the company's founder, its chairman said on Sunday.
Oct 16, 2011

Change EU treaty to stabilize bloc: Trichet

European Central Bank President Jean-Claude Trichet said the European Union's treaty should be changed to prevent one member state from destabilizing the rest of the bloc, and urged stronger governance of the euro zone.
Oct 16, 2011

The Famous Five That Made Apple's Week

Apple has grabbed a good deal of limelight this week, both in the smartphone market and on the Internet, nudging aside Google and Samsung with the release of the iPhone 4S, the iOS5, the iCloud, new iOS apps, Mac OS X updates and the iLife software.
Oct 16, 2011

Samsung heir apparent invited to Jobs memorial: source

The president and chief operating officer of Samsung Electronics, Lee Jae-yong, has been invited to Apple Inc's private memorial service for Steve on Sunday, a source with the knowledge of the matter told Reuters on Sunday.
Oct 16, 2011

Ailing Casey may lose PGA card after illness

Britain's Paul Casey withdrew before the start of Saturday's third round of the McGladrey Classic at St. Simons Island in Georgia because of a stomach ailment, effectively costing him his PGA Tour card for next season.
Oct 16, 2011

Kings' Doughty out 7-10 days with injury

Los Angeles Kings defenseman Drew Doughty is expected to miss seven to 10 days of action after getting injured early in their 3-2 overtime win over the Philadelphia Flyers on Saturday, according to local media.
Oct 16, 2011

Ducks wing Blake out for three months

Anaheim Ducks left wing Jason Blake is expected to be sidelined for three months after suffering tendon damage above his left wrist, the National Hockey League team said Saturday.
Oct 16, 2011

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