IBT Staff Reporter

61711-61740 (out of 154953)

SNB cuts rates to counter soaring Swiss franc

The Swiss National Bank announced a shock cut in interest rates and threatened more action to cap a soaring Swiss franc, but the impact was expected to be short-lived given the currency's safe-haven appeal amid mounting concerns about global growth.

Alfred Hitchcock Greatest Films in Light of Discovery

It was recently discovered that Alfred Hitchcock's earliest film has been found in New Zealand. It was produced in 1923 and called "The White Shadow." Hitchcock has credits as the assistant director, art director, editor, and writer of the film. His directorial debut would come two years later at age 25 on "The Pleasure Garden." Here are some of Alfred Hitchcock's greatest films! Quotes below are from Hitchcock taken from Francois Truffaut's book of interviews.

Mobile Malware on the Rise: How to Stay Safe

A new Android trojan is in town, and it can steal your account passwords and social security numbers by recording your phone conversations, according to a report by CA Technologies' Dinesh Venkatesan. Here are five ways to stay safe.

Service sector growth slows in July

The pace of growth in the services sector ticked down unexpectedly in July to the lowest level since February 2010, while the number of jobs created by the private sector also slowed, separate reports showed on Wednesday.

Biggest-ever series of cyber attacks uncovered

Security experts have discovered the biggest series of cyber attacks to date, involving the infiltration of the networks of 72 organizations including the United Nations, governments and companies around the world.

S&P hits new 2011 low as stocks slip

The S&P 500 fell to a new low for the year on Wednesday as service sector growth was less robust than expected in July, another discouraging sign for the economy.

EU says euro area's systemic capacity in doubt

The European Union voiced support for Italy and Spain under attack on financial markets but acknowledged that investors now doubt whether the euro zone can overcome its sovereign debt woes.

Ben Foster Casted as John Gotti Jr. Opposite Star Ensemble

"Gotti" is being directed by Barry Levinston who also directed "Rain Man" and "Tin Men." He finds Foster to be a very promising actor. He described him as "one of the few young actors who can literary transform himself from role to role, from light comedy to a deadly gunslinger... I think he can bring something very memorable to the role of Gotti Jr."

Mark Teixeira sets switch-hitting homer record

New York slugger Mark Teixeira hit home runs from both sides of the plate for the 12th game of his career to set a new Major League record in the Yankees' 6-0 victory over the Chicago White Sox Tuesday.

Google+, Apple's iCloud keep developers keen

Mobile developers more than ever want to devote their energies to writing apps for Apple's iOS and Google's Android platforms at the expense of their less popular rivals, a study released on Wednesday showed.

U.S. rating maintained by Moody's and Fitch

The United States had its triple-A rating confirmed by two key ratings agencies on Tuesday after Washington struck a last-minute deal to avoid a debt default, but threats of future downgrades remain.

Analysis: Debt debate diminishes everyone

The chaotic and often ugly debt-ceiling talks managed to avert a potential economic catastrophe but inflicted new damage to the political reputations of most of the key players.

Default avoided but fears on economy remain

The United States stepped back from the brink of default on Tuesday but congressional approval of a last-ditch deficit-cutting plan failed to dispel fears of a credit downgrade and future tax and spending feuds.

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