IBT Staff Reporter

55831-55860 (out of 154953)

India Inc Balks at New Land Bill, Calls For Balance

Unfinished car shells rusting in a deserted factory in West Bengal lie testimony to flaws in a century-old land-acquisition law the government now wants to replace.Tata Motors was forced to abandon its Nano plant in 2008 after violent protests by villagers, who claimed they were forced off the land by the local government and paid inadequate compensation.

Europe to decide on EFSF by next G20: China's Zhu

The European Union will make a clear decision about boosting the capital of the European Financial Stability Fund before the next Group of 20 finance ministers meeting in mid-October, said Chinese Deputy Minister of Finance Zhu Guangyao.

Gold slumps record $100; stocks edge up

Gold prices slumped more than $100 an ounce on Friday, the biggest fall on record in dollar terms, as traders sold to cover losses, while global stocks edged up on expectations the European Central Bank will take new measures to contain the euro zone debt crisis.

Groupon COO jumps ship after 5 months

Groupon's chief operating officer is leaving to join Google Inc five months after joining the company, and ahead of a highly-anticipated initial public offering.

SEC overspent on ex-official's expenses: watchdog

The Securities and Exchange Commission failed to follow federal guidelines and spent in excess of $100,000 on living and travel expenses for a former senior agency official, the SEC's watchdog has found.

Yahoo received inquiries from many parties: memo

Yahoo Inc has received inquiries from multiple parties about potential options, but the struggling Web company expects to take months to decide its future, the company's co-founders and chairman said in a letter to employees on Friday.

Union says documents bolster NLRB case vs Boeing

The union representing Boeing Co workers in Washington state on Friday said internal company documents show Boeing intended to punish union members for past strikes when it located an airplane production line in non-union South Carolina.

U.S. Internet rules to take effect November 20

Long-delayed U.S. Internet rules that tackle the controversial issue of balancing consumer and content provider interests against those who sell access to the Web will take effect November 20.

Icahn drops push to unseat Clorox board

Billionaire investor Carl Icahn abandoned his quest to take over the board of Clorox Co on Friday, saying he lacked support from other major investors, sending its shares down almost 5 percent in extended trading.

Wall Street ends up after 4 days of losses

Stocks ended higher on Friday, stopping the bleeding after a disastrous four days of selling marred by severe anxiety over Europe's spiraling debt crisis and the Fed's dire warning about the U.S. economy.

Williams raises questions on Fed's latest move

Just days after the Federal Reserve launched a new round of unconventional monetary policy easing, a top Fed official with a record of supporting such moves on Friday questioned how effective the latest move will be.

BofA sued by shareholder over $10 billion AIG loss

A Bank of America Corp shareholder sued the bank on Friday for what he said was a failure to disclose it potentially owes more than $10 billion to American International Group Inc in connection with mortgage-backed securities.

Amazon expected to unveil tablet next week

Amazon.com Inc, which revolutionized reading with its Kindle e-reader, is expected to unveil a tablet computer next week that analysts say will seriously challenge Apple's market dominating iPad.

Bill Gates backs financial transaction tax to aid poor

A report by Microsoft founder Bill Gates to Group of 20 ministers on Friday proposes raising new funding for poorer countries by taxing financial transactions, tobacco, and shipping and aviation fuels, according to details of a G20 report obtained by Reuters.

Gates backs financial transaction tax to aid poor

A report by Microsoft founder Bill Gates to Group of 20 ministers on Friday proposes raising new funding for poorer countries by taxing financial transactions, tobacco, and shipping and aviation fuels, according to details of a G20 report obtained by Reuters.

Wall Street stabilizes after disastrous week

The Dow Jones industrial average on Friday suffered its worst week since the depths of the financial crisis in 2008, stung by severe anxiety over Europe's spiraling debt crisis and a warning from the Federal Reserved about the U.S. economy.

Thiel puts brand on Merrill with shake-up

John Thiel has moved out of Sallie Krawcheck's shadow, slashing Merrill Lynch manager jobs and taking steps to more closely align the firm's retail brokers and private bankers.

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