More From IBT Staff Reporter
Brazil's 'Meeting of Traditional Cultures of Chapada dos Veadeiros' (PHOTOS)
This celebration of Brazilian culture past and present draws people from across the country and the world.
Jul 25, 2011
Chrysler and union aim for deal without arbitration
Chrysler Group LLC and the United Auto Workers union expect to reach a deal on a new labor contract without resorting to arbitration, officials for the company and union said on Monday.
Jul 25, 2011
Wall St drops on Washington debt standoff
Stocks dipped on Monday as lawmakers were locked in a standoff over dueling debt plans, but growing optimism over an eventual deal helped to limit losses.
Jul 25, 2011
Stocks Fall as Debt Talks Stall
Stocks fell on Monday as continued political sparring in Washington over the debt ceiling heightened worries of a U.S. rating downgrade, sending world equities lower.
Jul 25, 2011
BlackBerry Maker Cuts Jobs to Survive iPhone, Android Competition
BlackBerry maker Research In Motion, once dominant in the smartphone market, has cut 2,000 jobs to survive new competitive pressures.
Jul 25, 2011
Lawmakers split as debt deadline looms
U.S. lawmakers were locked in a standoff on Monday over dueling debt plans that offered little prospect for compromise, increasing the threat of a ratings downgrade and default that could sow chaos in global markets.
Jul 25, 2011
China Train Crash Stirs Questions: Are High-Speed Trains Safe?
The deadly crash of a bullet train on China's new high speed railway raises questions of safety, technology and government accountability.
Jul 25, 2011
Airlines raise fares to scoop up tax lapse
Many airlines raised fares in recent days to take advantage of a lapse in ticket tax collection after Congress failed last week to fully fund the Federal Aviation Administration budget, but passengers will likely not notice any price difference.
Jul 25, 2011
Chicken Pox Eradicated, is There Such Hope for HIV/AIDS?
According to a recent study, between 2002 and 2007, the annual average number of chickenpox deaths was the lowest ever reported, with 14 deaths recorded in 2007 and just 13 the year prior, due to a particular vaccine. Chickenpox led to about 105 deaths a year during the pre-vaccine years of 1990 to 1994, researchers say.
Jul 25, 2011
Endemic Nature of Wonder: The Galapagos Islands [PHOTOS]
It was after visiting the Galapagos and studying the endemic wildlife that inhabit the islands that a young Charles Darwin developed his Theory of Evolution.
Jul 25, 2011
RIM adjusts to new reality by slashing 2,000 jobs
BlackBerry maker Research In Motion plans to cut about 11 percent of its workforce as it struggles to keep pace with Apple and Google in the mobile market it once dominated.
Jul 25, 2011
Norway attacker detained, claims collaborators
A judge ordered eight weeks detention on Monday for the Norwegian man who has admitted a bombing and shooting massacre that killed about 90 people and who claimed in court to have two more groups of collaborators.
Jul 25, 2011
Airbnb secures $112 million in second round of financing
Airbnb, a website that lets travelers rent rooms in private homes around the globe, has secured $112 million in a second round of financing from Andreessen Horowitz, DST Global and General Catalyst.
Jul 25, 2011
Agencies look for credit rating alternatives
Banking regulators expect to release proposals for replacing the work of credit rating agencies in their regulations later this year when comprehensive proposals on tougher capital standards are unveiled, the Federal Reserve said on Monday.
Jul 25, 2011
Moody's warns Greek default almost certain
Moody's cut Greece's credit rating further into junk territory on Monday and said it was almost certain to slap a default tag on its debt as a result of a new EU rescue package.
Jul 25, 2011
Jennifer Lopez, Sexy at 42; Comes Close to Deal with 'American Idol' [PHOTOS & VIDEO]
Jennifer Lopez celebrated her 42 birthday in Miami; comes close to deal with "American Idol"
Jul 25, 2011
Swift U.S. action on debt needed in global interest: IMF
The International Monetary Fund warned on Monday the United States must raise the debt ceiling quickly and get its debts under control for the sake of the global economy.
Jul 25, 2011
Wall Street slips as debt standoff feeds jitters
Stocks dipped on Monday in a somewhat muted reaction to the political jousting in Washington, even after lawmakers failed to meet a weekend deadline to reach a debt deal.
Jul 25, 2011
Chrysler, union aim for deal without arbitration
Chrysler Group LLC and the United Auto Workers union expect to reach a deal on a new labor contract without resorting to arbitration, officials for the company and union said on Monday.
Jul 25, 2011
Sexiest Woman in the World [PHOTOS]
Mila Kunis is ranked at no. 16 in FHM Sexiest Women in the World.
Jul 25, 2011
Food inflation in focus amid lofty crop price outlook
Grain prices will likely remain elevated at the end of this year, a Reuters poll showed, providing little relief to food prices while continuing to challenge policymakers battling to tamp down inflation.
Jul 25, 2011
FDA Warning: Mexican Papayas Recalled, Linked to Salmonella Poisoning
U.S. health regulators on Monday warned people not to eat Mexican-grown papayas from Texas distributor Agromod Produce Inc., as they investigate a possible link to a salmonella outbreak in 23 states. So far, the outbreak of Salmonella Agona has resulted in 97 reported cases of illness, ten of which involved individuals being hospitalized, across the country, the U.S. Food and Drug Administration said.
Jul 25, 2011
Amy Winehouse Dies: Singer Found Dead in London Home
Amy Winehouse was found dead on Saturday at age 27, as friends claimed that the troubled soul singer was binging on ectstasy and alcohol.
Jul 25, 2011
Eyeing Iowa, Bachmann hits at Pawlenty on credentials
Presidential candidate Michele Bachmann hit back at a Republican rival on Sunday, saying her experience with the conservative Tea Party movement made her uniquely qualified to trim down Washington.
Jul 25, 2011
Pelosi seeks ethics probe of Oregon Democrat Wu
House of Representatives Democratic leader Nancy Pelosi said she will seek an ethics investigation Monday into sexual misconduct allegations against Representative David Wu.
Jul 25, 2011
Wall St declines as debt talks stall
Stocks fell on Monday as continued political sparring in Washington over the debt ceiling heightened worries of a U.S. rating downgrade, sending world equities lower.
Jul 25, 2011
When the Music's over: Amy Winehouse, Drug Overdose and Stars who Died Young
Here is a slideshow which collates headlines from major newspapers on the death of some of high-profile celebrities who became casualties of drug abuse early in their life:
Jul 25, 2011
Justin Timberlake is On a Role...As the Leading Man in 'In Time' Movie
Justin Timberlake is on a role...many, many roles! The former boy band-er has had a successful music career with N'Sync and later rose to even higher fame with his solo hits. However, its been a little while since we heard a tune from Timberlake, because he has been serenading us as an actor in more than one film this year. He stared in "Bad Teacher" with Cameron Diaz and Jason Segal which was released early this summer. The hit comedy "Friends with Benefits" co-staring Mila Kunis...
Jul 25, 2011
Kristin Cavallari: Reality star gets engaged to Jay Cutler
Wedding bells can be heard for former reality TV star Kristin Cavallari and NFL quarterback Jay Cutler.
Jul 25, 2011
GE moving top X-ray executives to China
General Electric Co is moving its global X-ray headquarters to China from the United States as part of the largest U.S. conglomerate's overall drive to boost its presence in big emerging markets.
Jul 25, 2011
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