IBT Staff Reporter

53491-53520 (out of 154954)

G20 ministers back big bank capital surcharge

Finance ministers and central bankers from the world's top economies backed on Saturday a mandatory capital surcharge on big lenders of up to 2.5 percent to be phased in from 2016, dealing a blow to banks hoping for a rethink or delay.

Greece could use property as bond collateral: group

Greece could use state-owned real estate assets as collateral for new bonds to raise more than 100 billion euros ($138.7 billion), under a proposal put forward by a leading Greek think-tank and a former conservative minister.

Could Skype Gain as Much as Microsoft from Deal?

With the $8.5 billion acquisition of Skype having been confirmed, it remains to be seen if Microsoft Corp., with access to Skype's desktop and mobile apps, can use the technology to upgrade its line of existing services.

Energy Conversion bond holders hire advisors-source

Debt holders of Energy Conversion Devices have formed an ad-hoc committee and hired legal and restructuring advisors, as the company faces the same pressures that led to the high-profile bankruptcy of Solyndra, said a source familiar with the matter.

Computer great Dennis Ritchie dies at 70

The world has lost another computer pioneer. Dennis Ritchie, the computer scientist who invented the C programing language and co-developed the Unix operating system, has died at the age of 70.

Opening Day for the iPhone 4S Starts Early

It was 68 degrees by 8:00 in the morning Friday, but the loyal fans who had lined up outside the Apple Store at 1 Stockton Street in San Francisco had already braved (slightly) less hospitable temperatures.

Ford UAW contract gains support in ongoing vote

Union leaders lobbying to win ratification for a proposed four-year contract with Ford Motor Co won new support in a close vote with five days remaining, a union online update showed on Friday.

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