IBT Staff Reporter

55171-55200 (out of 154953)

State Job Cuts Are on The Table at Greek Loan Talks

Greek officials held talks on Saturday with European Union and International Monetary Fund negotiators to free up urgently needed bailout loans, but the government and the lenders were reported to be at odds.

UAW Rejects Oshkosh Contract Despite Raise, Bonus

United Auto Workers members overwhelmingly voted down a new five-year contract offer from the Oshkosh Corp. on Friday despite the company's offer of a signing bonus and raise to offset higher health care costs, according to the company.

McGraw-Hill Hunting for Head of Education Business: Report

McGraw-Hill Companies Inc has enlisted executive recruiters Heidrick & Struggles International Inc to help in their search for a chief executive for its recently spun off education business, the Wall Street Journal said on Friday in its online edition.

McGraw-Hill ropes in exec firm in hunt for edu-biz CEO: report

McGraw-Hill Companies Inc has enlisted executive recruiters Heidrick & Struggles International Inc to help in their search for a chief executive for its recently spun off education business, the Wall Street Journal said on Friday in its online edition.

World stocks post worst quarter in 3 years

Global stocks closed their worst quarter in nearly three years on Friday on nagging concerns about the world economy and the lack of a credible solution to Europe's debt crisis.

Judge Dismisses Part of Fraud Case Against Citigroup

A U.S. federal judge dismissed part of a case brought by European bond investors accusing Citigroup Inc. and its directors of misrepresenting or failing to disclose Citi's exposure to toxic mortgage assets and its own solvency.

Judge dismisses part of fraud case against Citi

A U.S. federal judge dismissed part of a case brought by European bond investors accusing Citigroup Inc and its directors of misrepresenting or failing to disclose Citi's exposure to toxic mortgage assets and its own solvency.

Wall Street ends worst quarter since 2008

Stocks ended their worst quarter since the depths of the 2008 credit crisis, crippled by Europe's debt debacle, a U.S. credit downgrade and a sputtering global economy.

Hitachi-LG venture to plead guilty to price-fixing

A joint venture of Hitachi Ltd and LG Electronics Inc has agreed to plead guilty and pay a $21.1 million fine for bid-rigging and price-fixing in the sale of optical disk drives, the Justice Department said on Friday.

Weak income curbs spending but factories strong

Consumers struggled to make ends meet in August as incomes fell for the first time in nearly two years, while a surge in Midwest manufacturing this month provided one bright spot in an otherwise weak economy.

Kodak denies bankruptcy plan but shares plummet

Eastman Kodak Co shares lost more than half their value on Friday as the company hired a law firm well-known for bankruptcy cases, triggering speculation that the photography pioneer could file for bankruptcy.

Cargolux to take Boeing 747 freighter in two weeks

Freight carrier Cargolux Airlines International SA has resolved a dispute that delayed its acceptance of the first Boeing Co 747-8 freighter, and will now take delivery of the plane around October 12, the head of Qatar Airways, one of Cargolux's major shareholders, said on Friday.

Amazon tablet costs $209.63 to make, IHS estimates

Amazon.com Inc's new tablet computer costs $209.63 to make, IHS iSuppli estimated on Friday, but will sell for $199, highlighting how the e-commerce company is taking a financial hit upfront to get the device into as many hands as possible.

Kodak shares plummet on restructuring fears

Eastman Kodak Co shares lost two-thirds of their value on Friday as the company hired a restructuring advisory firm, triggering speculation that the photography pioneer was about to file for bankruptcy.

Ford CEO pressed to explain anti-bailout ad

The Republican chairman of a congressional oversight panel has asked Ford Motor Co to explain why it pulled a TV commercial critical of the Obama administration's auto bailout.

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