IBT Staff Reporter

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Fed officials see softer Q1, inflation risks

Federal Reserve officials offered clashing views on Monday of whether soft U.S. growth or inflation pose a greater risk to the economy but the face-off looked unlikely to alter the Fed's ultra-loose stance for now.

Nokia sees no impact from lost German appeal

Nokia said its sales in Germany will not be impacted by the decision of an appeals court on Monday to turn down its request to stay the enforcement of a local district court injunction.

Match.com to screen dating site for sex offenders

Match.com said it will begin checking users against the national sex offender registry, days after a class action lawsuit was filed by a woman allegedly sexually assaulted by a man she met on the dating site.

U.S. credit outlook lowered by S&P on deficit fears

Standard & Poor's threatened to downgrade the United States' prized AAA credit rating on Monday unless the Obama administration and Congress find a way to slash the yawning federal budget deficit within two years.

Obama Launching Pitch on Deficit Cuts, '12 Campaign

President Barack Obama will focus on two kinds of finances this week. The United States' and his own. Obama will take Air Force One to the West Coast this week in a trip combining talks on reducing the deficit at a pair of town hall gatherings and at a pair of fundraisers for his 2012 Presidential re-election campaign.

Supreme Court hears Microsoft appeal on i4i patent

Microsoft Corp urged the U.S. Supreme Court on Monday to make it easier to challenge some patents as part of its appeal of a record $290 million jury verdict for infringing a small Canadian software firm's patent.

Euro zone crisis escalates on Greek debt fears

Fresh fears that Greece will have to restructure its mountain of debt, possibly as early as this summer, sent the euro and some euro zone bond prices tumbling on Monday as the bloc's debt crisis escalated.

Sumpreme Court hears Microsoft appeal on i4i patent

Microsoft Corp urged the Supreme Court on Monday to make it easier to challenge some patents as part of its appeal of a record $290 million jury verdict for infringing a small Canadian software firm's patent.

U.S. top court hears Microsoft appeal on i4i patent

Microsoft Corp urged the U.S. Supreme Court on Monday to make it easier to challenge some patents as part of its appeal of a record $290 million jury verdict for infringing a small Canadian software firm's patent.

Wall Street drops more than 1 percent on U.S. outlook

U.S. stock indexes fell more than 1 percent in heavy volume on Monday after Standard & Poor's downgraded the credit outlook of the United States, adding to worries about the global economy after China moved to curb liquidity.

Wall Street falls on sovereign fears

Wall Street fell more than 1 percent on Monday as sovereign debt fears on both sides of the Atlantic and China's monetary tightening hurt the outlook for global economic growth.

Wall Street posts biggest fall in a month

Wall Street fell more than 1 percent on Monday as sovereign debt fears on both sides of the Atlantic and monetary tightening by China hurt the outlook for global economic growth.

Fed official sees softer first quarter

Higher gas prices weakened U.S. economic growth early this year in the eyes of one Federal Reserve official, while other policy-makers worried about the potential inflationary impact of energy price rises in remarks on Monday.

IMF warns response to credit boom insufficient

The International Monetary Fund on Monday said the policy response by emerging market economies to deal with a surge in capital inflows was insufficient and warned it could lead to a hard landing.

Wal-Mart to buy social media firm Kosmix

Wal-Mart Stores Inc said on Monday it agreed to buy social media company Kosmix for an undisclosed sum, as the world's largest retailer aims to win over more tech-savvy U.S. shoppers.

Top court hears Microsoft appeal on i4i patent

Microsoft Corp urged the U.S. Supreme Court on Monday to make it easier to challenge some patents as part of its appeal of a record $290 million jury verdict for infringing a small Canadian software firm's patent.

Japan Earthquake Tsunami Pictures 2011 [40 PHOTOS]

Japan's Earthquake in 2011 was the most devastating natural disaster to hit Japan after WWII. The 9.0-magnitude earthquake struck on Friday, March 11 2011 off the coast of T?hoku, which is located in the northern part of the country.

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