IBT Staff Reporter

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Toshiba may push back nuclear target by several years

Toshiba Corp said it may need to push back by several years a target to capture 39 orders for nuclear reactors by March 2016, as governments tighten regulations in the wake of the crisis at the Fukushima Daiichi nuclear plant.

Asian markets steady amid euro zone debt woes

Asian stocks held steady on Tuesday but may resume declines after the prior session's sell-off as fears about the euro zone's worsening debt problems and volatile commodity prices kept investors on edge.

Glencore set for weak London, HK debut on valuation concerns

Shares of top commodities trader Glencore International are set for a weak start when they begin trading in London on Tuesday and Hong Kong the following day, reflecting investor concerns that the $10 billion initial public offering was over-priced.

SEC deepens probe of forex trading: report

The Securities and Exchange Commission is probing whether two major banks made proper representations to pension-fund clients about how their currency trades would be handled and priced, the Wall Street Journal reported, citing a person familiar with the matter.

Toshiba to spend $8.6 billion on green energy: report

Toshiba Corp will invest 700 billion yen ($8.6 billion) in the environment and energy sectors over the next three years, as the Fukushima atomic crisis casts a shadow over the prospects for the firm's nuclear power business, a report said on Tuesday.

Harold Camping says to wait and watch till October 21

Harold Camping, the infamous Doomsday prophet whose May 21, 2011 date turned to be false, has delayed the End Time five months later to be October 21, 2011 as he spoke in the Open Forum at Family Radio in Oakland, Calif.

Harold Camping Says People Should Have Relied on God and Not Me”

The Doomsday prophet Harold Camping, who is the head of the Oakland, Calif. Based Family Radio, said in an open forum in Family Radio headquarter not ready to admit his mistake yet although his prediction on Rapture and earthquakes was proven to be a complete fraud on May 21, 2011.

Harold Camping not quite ready to admit his mistake or apologize

The Doomsday prophet Harold Camping, who is the head of the Oakland, Calif. Based Family Radio, is not quite ready to admit his mistake or apologize to the people whose lives have been affected by his prediction, although his prediction on Rapture and earthquakes was proven to be a complete fraud on May 21, 2011.

Bryan Stow Arrest Made, Name of Suspect Released

The Los Angeles Police Department have released the name of the suspect in the Bryan Stow beating case. The name of the suspect is Giovanni Ramirez, a 31-year-old with three prior convictions.

Family Radio Redesigns Homepage in the Midst of Doomsday Prediction Failure

Non-profit Christian radio network Family Radio seems to have turned over a new leaf, post Doomsday May 21, 2011, by launching a newly designed website. Will Doomsday prophet Harold Camping do the same by repenting and asking forgiveness from those who have been hurt, financially or otherwise, by his failed prediction?

Sony bounces from 2-month low, relief over operating profit

Sony Corp's <6758.T> shares bounced from a two-month low on Tuesday after the company said it expected operating profit in the current year to be level with the year ended in March, easing worries about the impact of the massive March 11 earthquake and a hacking incident.

Greece steps up sell-offs, lenders add pressure

Greece on Monday decided to take 6 billion euros ($8.4 billion) worth of new, emergency fiscal measures to shrink its budget hole and jump start privatizations to convince lenders it can pay down debt without a restructuring.

NYC Smoking ban begins

Smoking in New York City's public places is no longer legal as the law that prohibits smoking in New York City's 1,700 parks, beaches and pedestrian plazas comes into effect Monday.

Apple iPhone 5 curved glass display copying Korean rivals?

Rumors have surfaced about the new curved glass display for the Apple's iPhone 5 or iPhone 4GS. As exciting as the curved glass display sounds, Korean smartphone companies such as Samsung and LG can tell you that it isn't new to the industry.

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