IBT Staff Reporter

72961-72990 (out of 154953)

Rajaratnam juror leaves case, jury to start again

The jury in Galleon Group hedge fund founder Raj Rajaratnam's insider trading trial will have to start deliberations again after one juror was dismissed from the case for medical reasons, the presiding judge said on Wednesday.

Euro zone takes third debt crisis patient into care

Portugal and Greece talked up the benefits of Lisbon's decision to accept a multi-billion euro bailout from the European Union and IMF on Wednesday, but the outlook for both countries and Ireland remains highly uncertain.

Bin Laden had cash, phone numbers sewn in clothes when killed

Osama bin Laden had 500 euros in cash and two telephone numbers sewn into his clothing on Sunday when he was killed, leading intelligence officials to believe he was ready to flee, according to some members of Congress briefed on the matter, according to a report.

Euro zone retail sales drop, point to weak demand

Euro zone retail sales fell sharply in March, data showed on Wednesday, indicating that rising food and energy prices were curbing household demand and that economic recovery was still mainly industry-driven.

Report urges U.S. open door to China investment flood

Tens of billions of dollars of Chinese investment could flood into the United States in the next decade, creating a multitude of American jobs if officials do not succumb to a political backlash and throw up barriers, according to a report released on Wednesday.

Oil down ahead of U.S. inventory data

Crude oil futures slipped again on Wednesday in volatile trade ahead of the release of weekly U.S. oil inventory data expecting to show an increase in crude stockpiles later in the day.

Stock futures dip ahead of ADP jobs report

U.S. stock index futures edged lower on Wednesday as investors awaited data on the services industry and labor market for insight into the health of the economic recovery.

BNP's bumper Q1 sets high bar for rivals

BNP Paribas, France's biggest listed bank, beat first-quarter forecasts, driven by strong retail growth and resilient investment banking that bolstered investor confidence and set a high bar for rivals.

Portugal faces recession, opposition meets lenders

Portugal's main opposition party met European and IMF officials on Wednesday and said they would consider whether to back a 78-billion-euro bailout after a source said the terms would propel the economy into two years of recession.

Pages