IBT Staff Reporter

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'Superbug' Defeats Antibiotic for Gonorrhea

A new strain of the sexually transmitted disease gonorrhea was found to be resistant to antibiotics, international researchers say. According to the CDC, more than 700,000 persons in the U.S. get new gonorrheal infections each year and less than half of these infections are reported to CDC.
Jul 11, 2011

Obama increases pressure on Republicans on debt

President Barack Obama on Monday increased pressure on Republican lawmakers to make concessions for a deal to avoid an August 2 debt default and said both sides must pull off the Band-aid and make sacrifices.
Jul 11, 2011

Renault relies on Brazil, Russia for sales growth

Renault reported a 1.9 percent rise in vehicle sales in the first half, as strong growth in Brazil and Russia made up for a weak performance in Europe where the French automaker suffered from supply problems.
Jul 11, 2011

Wall Street posts worst day in a month, VIX jumps

Stocks suffered their worst day in nearly a month on Monday as concern about the stalemate in U.S. budget talks and growing debt problems in the euro zone prompted investors to hedge against further losses.
Jul 11, 2011

Anthony Attorney: Casey Won't Be Safe When Released

Casey Anthony’s safety could be in jeopardy after she is released from a Florida jail Sunday, after being acquitted of murdering her 2-year-old daughter Caylee, one of her attorneys said Monday.
Jul 11, 2011

City Guide: Barcelona, Spain

This city is over 2000 years old and a lot has happened in that time. Take a journey though the cultural, political and artistic history of Barcelona.
Jul 11, 2011

UK scandal won't hurt News Corp revenue: investor

The British hacking scandal may be unfortunate, but the closing of the News of the World and the outcome of dealings with broadcaster BSkyB will have a minimal impact on News Corp's revenue stream, a major shareholder said on Monday.
Jul 11, 2011

Small businesses won't provide new jobs: survey

U.S. policymakers seeking an answer to the country's stubbornly high unemployment rate should not expect relief from small businesses, said a survey released on Monday by a powerful business lobbying group.
Jul 11, 2011

Courts approve Nortel patent sale to Apple/RIM group

Apple Inc, Microsoft Corp, Research in Motion Ltd and three other leading tech companies received court approval on Monday to buy wireless patents from the bankrupt Nortel Networks Corp for $4.5 billion.
Jul 11, 2011

Euro crisis talks struggle, markets hit Italy

European finance officials struggled to find ways to resolve Greece's debt crisis on Monday as sharply rising bond yields in Italy, the euro zone's third largest economy, added to the sense of urgency.
Jul 11, 2011

Taxes still a stumbling block in debt talks

After months of effort, President Barack Obama and congressional Republicans are right back where they started as they try to avert a looming debt default: arguing over taxes.
Jul 11, 2011

Miranda Kerr on Childbirth Experience: 'I Actually Thought I Was Going to Die'

Miranda Kerr, the Victoria’s Secret supermodel who just have birth to her first son, Flynn, with movie star husband Orlando Bloom, said she thought she was going to die giving birth earlier this year, and apparently had a near-death experience where she floated above her body during the birth experience.
Jul 11, 2011

Humor: Harper Seven Beckham, meet Maxim Cooperstown Jeter

When David Beckham and Victoria Posh Spice Beckham gave birth to a girl and named her Harper Seven Beckham, we started thinking, what would other people in the news name their next child if they followed in Posh and Becks' footsteps? Here are a few guesses.
Jul 11, 2011

Asset managers to face rising competition: study

Investors' increasingly aggressive hunt for the best returns will force the global asset management industry to up the ante and become more competitive, according to research released on Monday.
Jul 11, 2011

NOTW accused of targeting UK royals

The News of the World newspaper bought contact details about Britain's royal family from a corrupt policeman and detectives have warned Prince Charles the tabloid might have hacked into his phone, media reported on Monday.
Jul 11, 2011

Free online shopping briefly delights customers

New Zealand customers at an online shopping site were happily shocked when they got expensive televisions and iPods for free Monday after a computer glitch charged them only postage and handling.
Jul 11, 2011

Antibiotic-Resistant Gonorrhea: Factsheet

A new strain of the sexually transmitted disease gonorrhea was found to be resistant to antibiotics, international researchers say. According to the CDC, more than 700,000 persons in the U.S. get new gonorrheal infections each year and less than half of these infections are reported to CDC.
Jul 11, 2011

Baby Boom! The World's Biggest Babies

While a Texas mother may have set a new state record after giving birth to a baby boy, JaMichael Brown, weighing more than 16 pounds, there have been other babies across the world who began the 'large' standard.
Jul 11, 2011

Murdoch takes BSkyB bid out of political arena

Rupert Murdoch and the British government agreed on Monday to refer his bid for broadcaster BSkyB to regulators, opening a lengthy review in the hope of taking the sting from a phone-hacking scandal threatening the buyout and sending tremors through the political establishment.
Jul 11, 2011

Judge's ruling extends Mosaic's Florida mine woes

A federal judge has extended an order keeping Mosaic Co from expanding a Florida phosphate mine, dealing yet another blow to the fertilizer producer and pushing its stock down 5.2 percent.
Jul 11, 2011

Former UK PM Gordon Brown's phone hacked: report

News International journalists repeatedly tried to hack into the phone of former British Prime Minister Gordon Brown, the Guardian and Independent newspapers reported on their websites Monday.
Jul 11, 2011

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