IBT Staff Reporter

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Apple Releases EFI Firmware Updates for MacBook Pros, Mac Minis

Apple has issued EFI firmware update for Macbook Air system to address issues with Lion Internet Recovery and compatibility for the upcoming Thunderbolt displays that Apple is developing. Following this update, Apple released updates for Mac Mini and MacBook Pro to offer stability enhancement for Lion Internet Recovery, Apple Thunderbolt Display compatibility and Thunderbolt Target Disk Mode.

Global stocks rebound, euro wobbles as focus stays on debt

European stock index futures rose on Thursday, following a bounce in Asia, on signs that European policymakers are taking tentative steps to tackle a crippling debt crisis, but the euro slipped amid skepticism that a Greek default can be avoided.

World Bank head says world economy in danger zone

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.

Japan robot to attempt Hawaii triathlon

After scaling the cliff walls of the Grand Canyon and driving the Le Mans racetrack for 24 hours, a tiny Japanese robot is set for a new challenge -- Hawaii's grueling Ironman Triathlon course.

Huawei targets enterprise deals at $7 billion by 2012

Huawei Technologies Co Ltd, the world's No.2 network equipment maker, expects its deals in the enterprise sector to total more than $7 billion by next year, banking on demand from key markets such as China, a senior executive said.

Japan Manufacturing Mood up, but Yen Clouds Outlook

Japanese manufacturing confidence improved for a fifth straight month in September but the pace of recovery slowed to a crawl, with a strong yen and faltering global growth starting to take a toll on the world's No.3 economy, a Reuters poll showed.

Asian Stocks Rebound on Hopes of European Debt Action

Asian stocks bounced on Thursday after tentative steps by euro zone policymakers to tackle a crippling debt crisis, but investors remained wary that obstacles the bloc's leaders face could weigh on the euro and Asian currencies in the medium term.

Asian stocks rebound on Europe debt hopes

Asian stocks bounced on Thursday after tentative steps by euro zone policymakers to tackle a crippling debt crisis, but investors remained wary that obstacles the bloc's leaders face could weigh on the euro and Asian currencies in the medium term.

Japan manufacturing mood up but yen clouds outlook

Japanese manufacturing confidence improved for a fifth straight month in September but the pace of recovery slowed to a crawl, with a strong yen and faltering global growth starting to take a toll on the world's No.3 economy, a Reuters poll showed.

Chrysler, UAW fail to reach deal

Chrysler Group LLC and the United Auto Workers union failed to reach a deal on a new contract by the expiration of the current pact on Wednesday and Chief Executive Sergio Marchionne said he was willing to extend the terms of the expiring contract for a week.

Groupon IPO Back on Track: Report

Groupon seeks to go public in October or November, people familiar with the matter told the New York Times on Wednesday, a week after the daily deals website put its IPO on hold for a few weeks as it waited to ride out global market turmoil.

New Book Makes Scandalous Claims About Sarah Palin

Joe McGinniss' book titled The Rogue: Searching for the Real Sarah Palin, alleges that the former republican Vice Presidential candidate had an affair with then-University of Michigan star basketball player, Glen Rice, in the 1980s, snorted cocaine, had an affair with her husband's business partner for six months and smoked pot in college with a professor, according to a report in the National Enquirer.

Goldman asset management CIO Domotorffy retires

Katinka Domotorffy, the head of Goldman Sachs Group Inc's quantitative investment strategies group, will leave the bank at the end of the year, according to an internal memo, as one of its biggest hedge funds continues to suffer from weak performance.

World Bank chief says world economy in danger zone

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.

UPS offers consumers more options as etail grows

United Parcel Service is launching a new service in time for the peak holiday shipping season that gives residential consumers -- a growing portion of its business -- more control over when and how their packages are delivered.

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