IBT Staff Reporter

55981-56010 (out of 154953)

Zynga profit growth fizzles out in June quarter

Zynga, the top maker of Facebook games, revealed a 90-percent plummet in profit in the June quarter on Wednesday that raised fresh questions about whether the company can sustain its growth ahead of its much-anticipated IPO.

Goldman's Tourre seeks appeal in SEC fraud case

Lawyers for the only Goldman Sachs employee charged over the Abacus subprime mortgage transaction have asked a judge for permission to appeal one of the legal claims U.S. securities regulators brought against him.

HP named Whitman CEO, Apotheker out

Hewlett-Packard Co named former eBay Inc Chief Executive Meg Whitman as its new president and CEO, replacing unpopular leader Leo Apotheker at the helm of the largest U.S. technology company.

Stocks, commodities dive on recession fears

World stocks fell to 13-month lows and commodities tumbled on Thursday as weak data from China crystallized investor fears of a global recession one day after a grim economic outlook from the Federal Reserve.

Q&A: Is this the end of the road for the gold rush?

Growth is stalling, the euro zone is flailing, the Fed is spent and risk markets are melting down -- yet gold, the one asset that has consistently rallied in similar circumstances over the past year, is in a tailspin.

FedEx pares 2012 outlook, shares hit 2-year low

FedEx Corp , the world's No. 2 package delivery company, cut its full-year profit outlook, citing fuel prices and weak global economic growth, sending its shares down as much as 11 percent to a two-year low.

HP close to naming Whitman CEO, firing Apotheker

Hewlett-Packard Co is on the verge of naming former eBay Chief Executive Meg Whitman its new CEO, replacing Leo Apotheker at the helm of the largest U.S. technology company, two sources told Reuters on Thursday.

Analysis: Emerging markets face capital exodus again

A sell-off precipitated by global recession fears and the deepening euro zone debt crisis has resurrected the specter of capital flight, a threat that still haunts emerging markets for all their vaunted strengths.

Oscar organizers crack down on movie campaigns

Oscar organizers on Wednesday unveiled a tough new set of rules that cracks down on the types of events Academy Award voters can attend before making their picks for the world's top film awards.

Schwarzenegger to write unbelievably true memoir

Arnold Schwarzenegger is writing a memoir about his rise to fame and unlikely transition from Austrian-born champion bodybuilder to Hollywood action star to California governor, his publisher said on Thursday.

Americans prefer Modern Family to X Factor

Big, brash new singing contest The X Factor was thumped on its U.S. TV debut, with American audiences preferring comedy Modern Family in their millions, ratings figures showed on Thursday.

Facebook overhauls user profiles

Facebook unveiled a new feature that lets users overhaul their profile allowing people to create magazine-like photo-heavy Web pages and curate their own stories.

Recession fears hammer stocks, commodities

World stocks and commodities tumbled on Thursday as weak data from China crystallized investor fears of a global recession one day after a grim economic outlook from the U.S. Federal Reserve.

Wall Street tumbles as recession fears hit

Stocks tumbled on Thursday, extending losses for a fourth straight session, as the Federal Reserve's weak outlook for the U.S. economy and disappointing data from China heightened fears about a global recession.

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