IBT Staff Reporter

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Oil tumbles on oil stock release, economic gloom

Oil fell sharply on Thursday with North Sea Brent down more than $8 per barrel after the United States and International Energy Agency and they would release 60 million barrels of oil from strategic stockpiles to help the global economy.
Jun 23, 2011

American Automobile Association to deploy EV chargers on roadside

The American Automobile Association will begin deploying electric-vehicle mobile charging units this summer with the help of its roadside assistance fleet, to help drivers of electric vehicles such as Nissan Motor Co.'s Leaf and Cheverolet Cruze recharge their car batteries.
Jun 23, 2011

Lakers, Warriors Trade Rumors: Lamar Odom for Monta Ellis

Trade rumors in the NBA have been swirling as the draft is approaches, set to start later tonight. Now, it appears that the Los Angeles Lakers and the Golden State Warriors have been in talks to trade Lamar Odom and Shannon Brown for Monta Ellis.
Jun 23, 2011

Oil tumbles $5 on growth worries, dollar

Oil fell sharply on Thursday with North Sea Brent down more than $5 per barrel on worries over global fuel demand following higher-than-expected U.S. jobless claims, forecasts of lower U.S. growth and evidence of a slowdown in Chinese manufacturing.
Jun 23, 2011

Oil falls more than $3 on growth worries, dollar

Oil fell sharply on Thursday with North Sea Brent crude down more than 3 percent on concerns over global fuel demand following forecasts of lower U.S. growth and evidence of a slowdown in Chinese manufacturing.
Jun 23, 2011

Mets' Ike Davis likely out for the season

Hard-hitting first baseman Ike Davis and the New York Mets received some bad news yesterday when doctors found cartilage damage in Davis' injured left ankle.
Jun 23, 2011

Jobless claims rise more than expected

New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, suggesting little improvement in the labor market this month after employment stumbled in May.
Jun 23, 2011

Stock futures down after Fed's bleaker view; data eyed

Stock index futures dipped on Thursday, adding to weakness from the previous session, after the Federal Reserve gave a more pessimistic outlook on the U.S. economy and offered no hints about further monetary support.
Jun 23, 2011

Lennar posts bigger-than-expected profit

Homebuilder Lennar Corp posted a larger-than-expected quarterly profit as it used more land bought at a discount, and said it expects a profitable 2011.
Jun 23, 2011

Pottermore October 2011 Launch - How you can get there in July

With Pottermore newly announced by J.K. Rowling, fans are flooding the website to get an early look - and also to participate in the website building together. Find out how you can join the flock in July, before the universal launch in October.
Jun 23, 2011

G20 agree farm deal, soft on regulation

G20 farm ministers settled a deal on Thursday to tackle high food prices, agreeing to a watered-down declaration that fell short of France's ambitious proposals to tighten regulation of commodity markets.
Jun 23, 2011

AirAsia rules Paris with record order

AirAsia thundered into the Paris Air Show with a record order for 200 revamped A320neo jets on Thursday -- an $18.2 billion deal making the Malaysian firm Airbus's largest airline.
Jun 23, 2011

Stock futures drop after Fed's bleaker view

Stock index futures fell on Thursday, adding to weakness from the previous session, after the Federal Reserve gave a more pessimistic outlook on the U.S. economy and offered no hints about further monetary support.
Jun 23, 2011

British teenager detained over cyber hacking

A suspected British computer hacker was being held on Thursday for questioning about cyber attacks against a British law enforcement agency and two music industry bodies.
Jun 23, 2011

Nissan sees annual operating profit down 14 percent

Nissan Motor Co <7201.T> forecast a better-than-expected 14.4 percent fall in annual operating profit on Thursday, defying a quake-induced setback in the past few months and projecting another year of record sales.
Jun 23, 2011

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