More From IBT Staff Reporter
East Coast Quake: Virginia Nuclear Plant Shuts Down, Others Unaffected
Two nuclear reactors at the North Anna Station in Mineral, Virginia were stopped working, the Nuclear Regulatory Commission said. The plant lost off-site power, but diesel generators are operating, a spokesman for the commission said.
Aug 23, 2011
'It's Over,' Cry Rebels as Gadhafi HQ Overrun
Joyful Libyan rebels overran Moammar Gadhafi's Tripoli bastion on Tuesday, seizing weapons and loot and destroying symbols of a 42-year dictatorship they declared was now over as they set about hunting down the fallen ruler and his sons.
Aug 23, 2011
BP fund has paid out $5 billion to Gulf spill victims
BP Plc has paid out more than $5 billion to 204,434 victims of last year's massive Gulf of Mexico oil spill, fund administrator Kenneth Feinberg said on Tuesday.
Aug 23, 2011
Guns 'N’ Roses Bassist McKagan Creates Wealth Management Firm
Duff McKagan has created a wealth management firm that caters to rock musicians.
Aug 23, 2011
Sino-Forest shares slide after S&P's second downgrade
Shares of Sino-Forest (TRE.TO: Quote) fell more than 15 percent on Tuesday after rating agency Standard & Poor's once again lowered the credit rating of the Chinese forestry company accused of fraud.
Aug 23, 2011
BMO profit jumps 18 percent
Bank of Montreal's (BMO.TO: Quote) quarterly profit rose by a higher-than-expected 18 percent as capital markets income surged and a recent U.S. acquisition started to contribute, Canada's No. 4 lender said on Tuesday.
Aug 23, 2011
Move Over, Santa: Denmark Wants the North Pole
In a 58-page report released on Monday, the Denmark announced that by 2014, it would lay claim to three areas near Greenland, including the North Pole.
Aug 23, 2011
Earthquake 2011 Map: Where the Earthquake Hit [PHOTOS]
Here's where the 2011 Virginia Earthquake hit according to maps distributed by the U.S. Geographical Survey.
Aug 23, 2011
Virginia Earthquake Rattles Towers of National Cathedral
The Washington National Cathedral is a masonry structure that employed medieval building methods instead of using a modern steel infrastructure.
Aug 23, 2011
East Coast Earthquake 2011: First-person Account from Virginia
You felt it from the floor through the chair, and all the windows started rattling, Steve Lang, a retired AT&T manager who lives in Danville, Va., about 150 miles from the epicenter, told IBTimes.
Aug 23, 2011
Virginia Earthquake Unusual for East Coast, but Not Unprecedented
The Virginia earthquake Aug. 23 was unusual for the region, although not unprecedented. Earthquakes, though fairly commonplace along the Pacific Coast, are few and far between on the Atlantic Coast because of its different geological structure.
Aug 23, 2011
Insight: Investors say Buffett might go all-in on China's BYD
Warren Buffett has a Chinese car problem, and he may be tempted to fix it himself -- at a cost of billions of dollars.
Aug 23, 2011
Biden Criticized for One-Child Comments
Joe Biden receives criticism for condoning China's One-Child Policy during his visit to China.
Aug 23, 2011
East Coast Earthquake Upstages Hurricane Irene
Right on the brink of Hurricane Irene, an earthquake hits the East Coast.
Aug 23, 2011
5.9 Magnitude Earthquake Jolts Entire East Coast, No Injuries Reported
A 5.9 magnitude earthquake centered northwest of Richmond, Va., shook much of Washington, D.C., and was felt as far north as Rhode Island and New York City.
Aug 23, 2011
Eastern Seaboard Braces for Earthquake Aftershock
Millions of Americans are wondering if and when aftershocks will hit the East Coast.
Aug 23, 2011
Earthquake Hit Near Washington D.C., Causing Evacuations
A magnitude 5.9 earthquake hit the U.S. East Coast , rattling buildings in downtown Washington, D.C., causing the Pentagon, White House and to evacuate.
Aug 23, 2011
Facebook to revamp privacy controls
Facebook is making it easier for users to control who sees their information, and to have more say over the photographs they appear in, as the world's No. 1 social networking service seeks to assuage privacy concerns.
Aug 23, 2011
Fed hopes drive Wall Street higher, BofA struggles
Stocks bounced on Tuesday with major indexes rising more than 2 percent as investors jumped into the market before a highly anticipated address by Fed Chairman Ben Bernanke later this week.
Aug 23, 2011
'God Particle' Higgs Boson May Not Exist After All: Physicists
The hunt for the elusive Higgs Boson, also known as the God particle which could solve the greatest mystery in physics may have wandered into a labyrinth.
Aug 23, 2011
Can an Earthquake Rock Stock Market?
Can an earthquake influence the ups and downs of the stock market?
Aug 23, 2011
New Medtronic CEO seeks R&D change, global growth
Medtronic Inc's new chief executive vowed to expand more internationally and improve returns from the company's research spending as he seeks to revive growth at the world's largest medical device maker.
Aug 23, 2011
Arsenal Transfer Rumours - Nasri, Schweinsteiger, Hazard, Sow and Metesacker
Arsenal are busily pursuing the likes of Eden Hazard and Bastian Schweinsteiger, according to reports, as the transfer window closes in a mere eight days.
Aug 23, 2011
Hurricane Irene: Florida and North Carolina Brace for First U.S. Hurricane Since 2008
Hurricane Irene, if it keeps to its projected path and hits Florida and North Carolina later this week, will become the first hurricane in three years to make landfall in the United States.
Aug 23, 2011
Will Smith and Jada Pinkett-Smith to Separate?
Will Smith and Jada Pinkett-Smith, Hollywood's power couple that endured 13 years and expected to last longer, are about to end their marriage, according to reports.
Aug 23, 2011
Factory and housing data point to weak growth
Factory output in the U.S. central Atlantic region dropped to a two-year low in August and new home sales hit a five-month low in July, the latest signs to suggest the economy is at risk of stalling.
Aug 23, 2011
Libya Unrest a Boon for Oil Bulls
Investors bullish on the oil market are getting support from the uncertainty in Libya.
Aug 23, 2011
Amy Winehouse Had No Illegal Substances In Her System
Amy Winehouse toxicology results turned out to be inconclusive, and no illegal drugs were found in her system. The 27-year-old singer was found dead on July 23 in her London home. The toxicology tests were carried out to determine the cause of death, as initial autopsy results also came out inconclusive.
Aug 23, 2011
Shares add to gains on hopes of Fed action
Stocks surged on Tuesday, with the S&P 500 and the Nasdaq up more than 2 percent, as buyers emerged before a highly anticipated address by Federal Reserve Chairman Ben Bernanke later this week.
Aug 23, 2011
HP TouchPad, HP Pre 3 Still Being Discounted Despite Sell Out
Hewlet-Packard, commonly known as HP, announced Thursday that it would stop selling its recently launched TouchPad tablet as well as all WebOS-based smartphones, such as the Palm Pre 2, HP Veer, and the upcoming Palm Pre 3. The company told retailers to discount their discontinued products for consumers shortly after.
Aug 23, 2011
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