IBT Staff Reporter

55321-55350 (out of 154953)

Dow, S&P 500 end higher in volatile trade

Stocks mostly rose in a volatile session on Thursday as stronger-than-expected economic data and German approval of a beefed-up euro-zone crisis fund relieved two of the worst fears hanging over the market.

Lehman bankruptcy payout plan gains momentum

With more than $140 billion worth of claimholders now supporting its proposed bankruptcy exit plan, Lehman Brothers Holdings Inc's prospects for getting the plan approved by the end of the year are brightening.

U.S. seeks to make Rajaratnam's health public

Federal prosecutors demanded on Thursday that the judge who will sentence convicted Galleon Group hedge fund founder Raj Rajaratnam make documents about the former money manager's medical records public.

RIM replaces head of developer relations

The executive in charge of Research In Motion's developer relations has left the company, the latest in a string of departures this year as the BlackBerry maker trims its workforce.

United-Continental can merge flights: court

Pilots at United Airlines lost on Thursday in their bid to postpone the integration of flight operations with Continental Airlines, an essential step to completing the 2010 merger of the two carriers.

SEC concedes challenges in credit-rating probes

The Securities and Exchange Commission faces hurdles proving wrongdoing at credit-rating agencies, the agency's enforcement chief said, pointing to the complexity of the cases and the industry's strong legal defenses.

UBS interim CEO to drop non-UBS obligations

Swiss bank UBS AG said on Thursday interim Chief Executive Sergio Ermotti, in office for nearly a week following the departure of Oswald Gruebel, would drop his business responsibilities with other companies.

Consumer, tech stocks pressure Wall Street

The technology-heavy Nasdaq led stocks lower on Thursday as investors continued to fret about weakness in the global economy and Wall Street looked set to limp to its worst quarter in three years.

CEOs view of economy worsens in Q3-Roundtable

Spooked by the United States' recent budget standoff in Washington and the European debt crisis, U.S. chief executives' view of the economy deteriorated sharply in the third quarter, a survey released on Thursday found.

CEOs View of Economy Worsens in Q3: Roundtable

Spooked by the U.S.' recent budget standoff in Washington and the European debt crisis, U.S. chief executives' view of the economy deteriorated sharply in the third quarter, a survey released on Thursday found.

RIM says remains committed to PlayBook tablet

BlackBerry maker Research In Motion brushed off suggestions on Thursday that it would discontinue production of its PlayBook computer tablet as pure fiction after an analyst said the company may be considering an exit from the market.

Watchdog warns Canada governments of fiscal crunch

The finances of Canada's federal government and its 10 provinces are unsustainable over the long term and they will need to either raise taxes or cut spending, in part because the population is aging, the country's budget watchdog said on Thursday.

Climate change to cost Canada billions: panel

Climate change will cause damage in Canada equivalent to around 1 percent of GDP in 2050 as rising temperatures kill off forests, flood low-lying areas and cause more illnesses, an official panel said on Thursday.

Brazil's $12 billion iPad deal is in trouble: sources

A much-hyped $12 billion plan for Taiwanese manufacturer Foxconn to produce iPads in Brazil is in doubt due to stagnant negotiations over tax breaks and Brazil's own deep structural problems such as a lack of skilled labor, government sources tell Reuters.

Data lifts Wall Street, Internet shares weigh

The Dow and S&P 500 rose on Thursday on stronger-than-expected economic data and German lawmakers' approval to strengthen the euro zone's crisis fund, while big-cap Internet shares dragged on the Nasdaq.

Rare, Deadly Listeriosis Outbreak: Factsheet

As of Sept. 27, 72 people from 18 states have been infected with a rare illness called listeriosis stemming from Listeria monocytogenes bacteria linked to Colorado-grown cantaloupes, according to U.S. Centers for Disease Control and Prevention.

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