IBT Staff Reporter

Give credit to the co-manager of trading at Themis Trading, Sal Arnuk, for encapsulating Friday's lousy economic data, slumping stock market and clueless American president.

Sep 02, 2011

Woolly mammoth rhino is proof cold areas like Tibet can be used to unearth more ancient creatures.

Sep 02, 2011

Tropical Depression 13, which continued to move toward the Gulf Coast on Friday, has winds up to 35 miles per hour, but the region can't rest easy. The storm may not be packing hurricane-force winds when it hits New Orleans, but it could drench the city with up to 20 inches of rain and cause severe flooding.

Sep 02, 2011

BP said on Friday that a lawsuit that led to Russian bailiffs raiding its Moscow office this week was absurd and that it expected to be able to resume normal work at the office on Monday.

Sep 02, 2011

With intangible assets such as patents dominating so much of the modern economy, why are they still largely off the balance sheets of America's largest corporations?

Sep 02, 2011

Oil and an oil sheen covering several square miles of water are surfacing near the site of last year’s BP Macondo Well disaster, prompting concerns that the well might not be plugged.

Sep 02, 2011

Wall Street was set to fall more than 1 percent at the open on Friday after data showed U.S. employment growth ground to a halt in August, adding to worries about the health of the economy.

Sep 02, 2011

A tsunami warning was canceled early Friday morning for Alaska's Aleutian Islands following a 7.1 magnitude earthquake recorded in the Pacific Ocean.

Sep 02, 2011

Employment growth ground to a halt in August as sagging consumer confidence discouraged already skittish U.S. businesses from hiring, keeping pressure on the Federal Reserve to provide more monetary stimulus to aid the economy.

Sep 02, 2011

U.S. employment growth ground to a halt in August as sagging consumer confidence discouraged already skittish U.S. businesses from hiring, keeping pressure on the Federal Reserve to provide more monetary stimulus to aid the economy.

Sep 02, 2011

Tony Danza is the latest celebrity to be killed - on Twitter.

Sep 02, 2011

American Dwight Phillips reclaimed the world long jump title on Friday, leaping 8.45 meters on his second and final valid attempt to see off the challenge of Australian Mitch Watt.

Sep 02, 2011

The New York Yankees rallied from behind and held on through a tense ninth inning for a 4-2 win over the Boston Red Sox on Thursday to keep the heat on their bitter rivals in the American League East.

Sep 02, 2011

The Republican presidential candidate Michele Bachmann said Friday that America needs “a major adjustment in the occupancy of the White House.”

Sep 02, 2011

Obama administration lawyers asked a federal appeals court on Thursday to vacate a judgment declaring Don't Ask, Don't Tell unconstitutional now that the ban on openly gay men and women in the military is about to be repealed.

Sep 02, 2011

Stock index futures fell on Friday ahead of labor market data expected to underscore fears the economy is headed for another recession and as concerns about the euro zone debt crisis resurfaced.

Sep 02, 2011

Talks between Greece and international inspectors on whether it has met conditions for a new aid tranche have been put on hold, officials said on Friday, after disagreements over why and by how much its deficit cuts program has fallen behind schedule.

Sep 02, 2011

Demand in Germany and the United States, among the world's biggest solar markets, has failed to improve strongly so far this quarter, SolarWorld's chief executive said.

Sep 02, 2011

The laws of reflection and refraction may not be a universal law after all.The above fun-house images were produced by researchers at the Harvard School of Engineering and Applied Sciences (SEAS), who have induced light rays to behave in a way that defies the laws of reflection and refraction.

Sep 02, 2011

European Central Bank President Jean-Claude Trichet told Italy's struggling center-right government to deliver on its promised austerity package, adding to international pressure on weakened premier Silvio Berlusconi.

Sep 02, 2011

World number one Novak Djokovic displayed exactly why he has lost just two matches this year with a demolition of Argentina's Carlos Berlocq in the US Open, while Roger Federer also had an easy day at Flushing Meadows.

Sep 02, 2011

EU and IMF inspectors will resume their inspection of Greece's finances on Sept 14, Financ e Minister Evangelos Venizelos said on Friday, after talks with the

Sep 02, 2011

Stock index futures fell on Friday ahead of labor market data expected to underscore fears the economy is headed for another recession and as concerns about the euro zone debt crisis resurfaced.

Sep 02, 2011

The agency that oversees mortgage markets is preparing to file suit against more than a dozen big banks, accusing them of misrepresenting the quality of mortgages they packaged and sold during the housing bubble, The New York Times reported on Thursday.

Sep 02, 2011

Talks between Greece and EU/IMF/ECB inspectors on whether it has met conditions for a new aid tranche have been put on hold, a Greek official said on Friday, a day after Athens admitted it would miss its budget deficit targets this year.

Sep 02, 2011

Stock index futures pointed to a lower open on Wall Street on Friday, with futures for the S&P 500, Dow Jones and Nasdaq 100 all down 0.7 percent at 5:18 a.m. EDT on fears the U.S. non-farm payrolls could be weaker than expected.

Sep 02, 2011

Google's move to buy Motorola Mobility will not put an end to patent lawsuits against the Android platform as the web search giant is hoping, a Nokia executive said in a report on Friday.

Sep 02, 2011

China's top search engine Baidu Inc offered a glimpse of its upcoming mobile operating system and launched a new mobile application platform on Friday aimed at bolstering its presence in the increasingly competitive mobile web market.

Sep 02, 2011

AstraZeneca Plc's key cholesterol drug Crestor failed to beat Pfizer Inc's Lipitor in a head-to-head clinical study, limiting any protection the British company will get as its U.S. rival faces competition from cheap generic copies.

Sep 02, 2011