More From IBT Staff Reporter
S.Africa's ANC charges Malema with sowing discord
South Africa's ruling African National Congress on Friday charged controversial youth leader Julius Malema with sowing divisions in its ranks and bringing the party into disrepute.
Aug 19, 2011
U.S. oil speculative data released by Senator, sparking ire
Oil trading data that exposed the extensive positions speculators held in the run-up to record high prices in 2008 were intentionally leaked by a U.S. senator, sparking broader concern about industry confidentiality as Congress moves on Wall Street reform.
Aug 19, 2011
HP’s Stock Tanks, Touchpad/WebOS Decision Shredded by Analysts
The company's stock is in the tank as it deals with the aftermath of its controversial decision.
Aug 19, 2011
European software stocks leap on HP's Autonomy bid
Shares in European software makers jumped in a falling market on Friday on hopes they were more likely bid targets after Hewlett-Packard's $11.7 billion bid for British enterprise search-software maker Autonomy.
Aug 19, 2011
Apple is worth as much as all euro zone banks
Technology company Apple is now worth as much as the 32 biggest euro zone banks.
Aug 19, 2011
Dealtalk: Sizing up who might buy Motorola's phone business
The ink on Google Inc's $12.5 billion plan to buy Motorola Mobility is barely dry, but speculation has already begun about its next deal -- expected by some to be the sale of Motorola's handset business.
Aug 19, 2011
Nev. Police Launch Search for Missing Mom, Possible Lead?
After a mysterious disappearance of Utah-native Susan Powell, a 28-year-old mother who went missing in December 2009, a case that has baffled police for nearly two years, a 'first-ever' credible lead may have emerged in Powell's disappearance. ABC News is following the Powell case with live coverage on the air and streaming online.
Aug 19, 2011
Singapore billionaire Peter Lim invests in McLaren Automotive
Singapore billionaire Peter Lim has made a significant investment in UK-based sports car maker McLaren Automotive, the company said.
Aug 19, 2011
Fed's Dudley says monitoring Europe banks 'prudent'
The U.S. Federal Reserve is keeping an eye on European banks struggling with the continent's debt crisis because of the turbulence in financial markets, one of the central bank's most influential policymakers said on Friday.
Aug 19, 2011
HP falls on lowered outlook, business overhaul
Shares of Hewlett-Packard slid 11 percent premarket on Friday, a day after the world's biggest PC maker said it may spin off the business, and cut its outlook, signaling a massive overhaul in the wake of bleak tech spending across the board.
Aug 19, 2011
Analysis: Investor frostiness to palladium will thaw
The darkening economic outlook this month has sent investors out of the palladium market in droves, but the coming months of uncertainty are likely to be more of a cooling-off period than an end to their romance with last year's star performer.
Aug 19, 2011
German gaming industry shrugs off economic worries
German video game consumers unfazed by the threat of economic uncertainty look happy to spend their hard-earned euros on the latest new games as a strong economic performance buoys Europe's biggest economy.
Aug 19, 2011
Daniel Radcliffe And New Girlfriend Spotted in NYC [PHOTOS&VIDEO]
The 22 year old Harry Potter star, Daniel Radcliffe is presumably breaking many hearts with new photos that have spread over the Internet. He a pretty young woman were seen walking hand in hand down the streets of NYC. The girl is said to be Rosanne Coker, also 22, and the daughter of a painter and decorators daughter.
Aug 19, 2011
Global Warming Could Prompt Alien Attack: NASA
Scientists said Thursday that extraterrestrial environmentalists could become so angry about what we have done to the planet that they may see us a threat to the intergalactic ecosystem -- and take action by attacking Earth.
Aug 19, 2011
Twice rejected, Icahn wants all Clorox board seats
Billionaire investor Carl Icahn wants all 11 seats on the board of Clorox Co , which last month twice rejected his offers to buy the bleach maker.
Aug 19, 2011
Wall Street edges up, helped by commodities
Stocks edged higher in early trading on Friday, with miners rising on higher commodity prices and the S&P 500 index finding technical support.
Aug 19, 2011
'Jersey Shore' UPDATE on Abercrombie Situation [VIDEO]
Retail store Abercrombie & Fitch is offering to pay Mike The Situation Sorrentino and the Jersey Shore cast not to wear its products on the show. Apparently, MTV's most popular show has done some significant damage to the A&F image.
Aug 19, 2011
Edinburgh International Festival 2011: Quest for Paradise Opens 'Oriental' Themed-Event
German composer Robert Schumann's tale of a fairy-like creature's quest to enter paradise opened an Oriental-themed Edinburgh International Festival this weekend to the acclaim of the critics.
Aug 19, 2011
iPad 3 To Arrive in Early 2012 With Retina Display: Report
Trial production of the iPad 3 has reportedly begun, with an aim to launch Apple's next-generation iPad tablet in early 2012.Sources familiar with the situation told the Wall Street Journal that Apple has ordered chips, display panels and other key components for the iPad 3. small quantities of components have been shipped for the tablet's sampling.
Aug 19, 2011
Some law firms to lose out in Google-Motorola deal
While Google Inc's acquisition of Motorola Mobility Holdings Inc would clearly be a boon for one top litigation boutique, some other prominent law firms could lose out.
Aug 19, 2011
Apple iPad 3 Revolution Delayed
The upcoming iPad 3 is due to arrive in early 2012 and is expected to go into trial production by October.
Aug 19, 2011
Beirut Real Estate Boom Forcing Locals Out
House prices are skyrocketing in the sun drenched Lebanese capital of Beirut, forcing working families to find affordable housing miles outside of town.
Aug 19, 2011
Racial Gap Widens Between White, Black Researchers Seeking NIH Grants
Black researchers and scientists may be significantly less likely to win medical grants, which provide funding from the National Institutes of Health, than white applicants, according to a study published in journal Science, Thursday.
Aug 19, 2011
Justin Bieber Honored with Street Sign in Forney, Texas
Caroline Gonzalez, an 11-year-old of Forney, Texas, served as Mayor For a Day on Aug. 16. She earned the position after raising money for orphans. During her short time in office, the young girl cleverly decided to use the city's money for a street sign honoring Justin Bieber.
Aug 19, 2011
'West Memphis Three' May be Released After Ark. Hearing
The West Memphis Three, three men that became imprisoned in 1994 for killing three 8-year-old boys in Arkansas could be released today, the victims' relatives told The Associated Press. A possible deal will include a legal maneuver that will allow Damien Echols, Jessie Misskelley, and Jason Baldwin to say that they are innocent and admit that prosecutors like have enough evidence to win, the person related to the case said, CBS News reported.
Aug 19, 2011
Researcher: Arctic Ice Flow Map is a Game Changer
NASA researchers recently created a complete map of the Arctic ice flow.
Aug 19, 2011
Global Warming Leads to Shifting Species of Plants and Animals: Study
Many species are adjusting to the Earth's warming by migrating to higher altitudes and latitudes, a new study by the Department of Biology of the University of York said. Researchers said that species have been rapidly reshuffling, shifting in an effort to adjust to a shifting climate.
Aug 19, 2011
Big chains, government target food deserts
Independent Philadelphia grocer Jeff Brown says he has cracked the code for making money in some urban communities that in the past have been shunned by big chains as being too risky to invest in.
Aug 19, 2011
Icahn wants all 11 seats on Clorox board
Billionaire investor Carl Icahn wants all 11 seats on the board of consumer products maker Clorox Co , which has twice rejected his offers this summer to buy the company.
Aug 19, 2011
European banks' dollar funding woes feeds worries
Soaring costs for borrowing dollars to fund the daily business of Europe's banks is hitting their shares and feeding worries that the continent's spiraling debt crisis could trigger the next funding crisis for lenders.
Aug 19, 2011
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