IBT Staff Reporter

60751-60780 (out of 154953)

Rajaratnam sentencing may be a fight to the death

A U.S. government request that Galleon Group hedge fund founder Raj Rajaratnam spend as much as 24-1/2 years in prison -- a term associated more with murder than financial crimes -- raises the ante in the biggest individual insider trading case in a generation.

Some U.S. muni issuers could face stress: Moody's

Moody's Investors Services said on Wednesday that most issuers in the U.S. municipal bond market are well insulated from shock, but added that some could be weakened during significant market volatility.

Jennifer Grey 'So Excited' for 'Dirty Dancing' Remake [VIDEO]

Jennifer Grey, who starred as Baby in the 1987 hit film' Dirty Dancing ,' told fans that she is "so excited" that the iconic film will be remade. "I'm so excited about this news and I think there's nobody better than my beloved Kenny Ortega who is as responsible as anyone for the success of the first one. I can't wait to see what he's going to do with it," Grey told the Wall Street Journal through her publicist.

TBS Axes ?Lopez Tonight? ? Not Enough Viewers

TBS axed the third season of "Lopez Tonight" because it struggled to gain viewers in the competitive field of talk shows, according to the Hollywood Reporter. In November, Lopez was bumped back an hour to a midnight slot to accommodate Conan O'Brien's "Conan" after the comedian's exit from NBC.

Most Americans believe U.S. on wrong track: poll

Economic fears are weighing heavily on Americans, with a large majority saying the United States is on the wrong track and nearly half believing the worst is yet to come, a Reuters/Ipsos poll said Wednesday.

SEC charges Stifel with fraud in Wisconsin deals

The Securities and Exchange Commission on Wednesday charged St. Louis-based brokerage firm Stifel, Nicolaus & Co and a former senior executive with defrauding five Wisconsin school districts by selling them risky investments funded largely with borrowed money.

NASA Predicts More Super Solar Flares

This week, the world was warned of solar flares that could possible shut down electrical and communication grids. Scientists are saying the sun will near maximum level of activity in 2013.

Capital One bulks up U.S. cards with HSBC deal

Capital One Financial Corp agreed to buy HSBC's U.S. credit card arm for $2.6 billion more than the face value of the loans, the latest in a string of acquisitions for the credit card company turned U.S. bank.

IntraLinks Q2 rev beats, sees Q3 profit below est

Web-based software provider IntraLinks Holdings Inc's second-quarter revenue topped market expectations as sales at its mergers and acquisitions unit jumped 29 percent, but it forecast a third-quarter profit below estimates.

SocGen shares plunge on rumor whirlwind

Shares in French bank Societe Generale plunged as much as 23 percent amid a whirlwind of rumors before closing 15 percent lower, after the bank denied all speculation about its financial solidity.

U.S. Updates Haiti Travel Warning

The U.S. issued a softer travel warning for citizens traveling to or visiting Haiti, but still urges Americans to 'carefully consider' traveling to the country.

White House seeks ideas to shrink foreclosure glut

The Obama administration is looking for new ideas to shrink a glut of foreclosed properties held by mortgage finance giants Fannie Mae and Freddie Mac that are weighing down the housing market and hurting home prices.

U.S. Stocks Fall, Enabled by Weak Economy

World shares regained some ground Wednesday after investors were comforted by the Fed's pledge to keep interest rates near zero for two more years. Despite this, losses on Wall Street ran rampant.

Amazon Unveils Kindle Cloud Reader, Joins Migration To HTML5 App

Amazon today launched an HTML5-based Kindle reading app to circumvent Apple's new in-app subscription rules.Kindle Cloud Reader allows users to read their Kindle e-books from Google's Chrome browser and Apple's Safari browser, without requiring any download or installation.

Apple blocks Samsung from selling Galaxy tablet in EU

Apple Inc scored a significant victory in its intellectual property battle against Samsung Electronics after a German court temporarily barred the Korean firm from selling its flagship Galaxy tablet in most of the European Union.

Pages