IBT Staff Reporter

74311-74340 (out of 154954)

Trust banks' profits ride rising market tide

Two of the leading U.S. custody banks reported higher quarterly earnings on Tuesday as assets under management and fees increased along with the rising stock market and improved financial market conditions.

Special Report: In the wild west Balkans, a banker's tale

In the central bank governor's wood-paneled office with its beige couch and chairs around a Queen Anne coffee table, the man reached into his briefcase and pulled out an envelope full of cash, offering it expectantly to then-governor Ljubisa Krgovic.

TEPCO To Move Radioactive Water From Reactor

Tokyo Electric Power Co. plans to move the radioactive water from one of the reactor buildings at the Fukushima Daiichi nuclear power plant and treat it on site, the company said.

Geithner: no risk U.S. will lose AAA credit rating

U.S. Treasury Secretary Timothy Geithner on Tuesday said there was no risk that the United States would lose its prized AAA credit rating, saying political prospects for long-term deficit reduction were improving.

Sony Ends Shipments Of PSP Go

According to a blog post from a Sony Store employee, Sony is discontinuing shipments of the PSP Go, released in 2009.

Silver Burns Short Sellers

[Selling silver short] natural with these giddy prices, one London trader told the Platts news service on Monday. Speculators are going to have to take profits soon. Shorts have been burned in the run-up, but keep coming back for more, he said, forecasting a $10 drop in the Silver Price short term.

Nasdaq, ICE line up funds for rival bid for NYSE

Nasdaq OMX Group and Intercontinental Exchange Inc said on Tuesday they have lined up commitments to fund their proposed takeover of the New York Stock Exchange's parent company and have offered to pay a reverse breakup fee if a deal fails to go through.

Goldman profit tops forecasts

Goldman Sachs Group Inc posted stronger-than-expected quarterly profit, earning more money from bond trading than analysts had forecast.

Acer appoints new president, cuts PC shipments forecast

Taiwan's Acer Inc named insider Jim Wong as its new corporate president after the abrupt departure of its previous chief executive last month, giving him special responsibility for developing mobile devices to power future growth.

RIM's PlayBook hits shelves

Research In Motion's PlayBook, the long-awaited response to Apple's iPad, went on sale in the United States and Canada on Tuesday in a launch RIM desperately hopes will win the hearts and minds of consumers.

Apple sues Samsung, says stop copying us

SAN FRANCISCO/SEOUL - Apple Inc sued Samsung Electronics claiming the South Korean firm's Galaxy line of mobile phones and tablets slavishly copies the iPhone and iPad, according to court papers, a move analysts say is aimed at keeping its close rivals at bay.

Oil slips to $120 on economy, demand concerns

Brent crude oil fell on Tuesday, slipping below $120 a barrel for the first time in two weeks, pressured by concern about the economic outlook and that high prices could erode demand.

With much at stake, Asia voices confidence in U.S. debt

Some of the United States' biggest creditors moved to shore up confidence in its sovereign debt Tuesday after Standard & Poor's threatened to cut its credit rating on the world's top economy, touching a nerve among big holders of Treasuries.

Alzheimer's diagnostic guidelines updated for first time in decades (FULL TEXT)

For the first time in 27 years, clinical diagnostic criteria for Alzheimer's disease dementia have been revised, and research guidelines for earlier stages of the disease have been characterized to reflect a deeper understanding of the disorder. The National Institute on Aging/Alzheimer's Association Diagnostic Guidelines for Alzheimer's Disease outline some new approaches

New-energy vehicles take spotlight at Shanghai show

Japan's Honda Motor Co plans to start producing electric cars in China as early as next year, the boldest step so far by a global automaker to tap as yet unproven demand for green cars in the world's largest auto market.

Pages