IBT Staff Reporter

74641-74670 (out of 154954)

News of the World hacking scandal moves to UK court

An attempt by Rupert Murdoch to draw a line under an escalating phone-hacking scandal looked set to fail on Friday with a host of lawyers going to court to join forces against his British newspaper publishing arm.

RIM's email-less PlayBook gets tough reviews

RIM's PlayBook tablet bombed with influential technology reviewers who called the iPad competitor a rushed job that won't even provide RIM's vaunted email service unless it's hooked up to a BlackBerry.

Micro Focus chairman takes over as CEO goes

IT firm Micro Focus Intl parted company with chief executive Nigel Clifford on Friday, leaving chairman Kevin Loosemore to take control at the British firm which issued a third profit warning in February.

Gold hits record on weak dollar, China inflation data

Gold jumped to another record high on Friday after the dollar fell to its lowest since late 2009 against a basket of major currencies, taking silver to a 31-year high, while inflation pressures in China also helped lift bullion's appeal.

WWF, Exeter Business School partner on exclusive MBA program

The World Wildlife Fund (WWF), world’s leading conservation organization, has partnered with the University of Exeter Business School on a unique MBA program called ‘One Planet’. The program will start in September 2011, an official release said on Thursday.

Outlook uncertain, G20 to target imbalances

Faced with an uneven world recovery and uncertain outlook, finance leaders were hoping on Friday to flesh out a plan to build a global economy less prone to the booms and busts of recent decades.

Nuclear radiation doubts fully answered for people living around evacuation areas

As people in Japan struggle to control the damaged nuclear reactors and various agencies are involved in mitigating the risk involved. The people are living under a constant threat of nuclear radiation. To put all the doubts to rest Japan's Nuclear and Industrial Safety Agency has released a question and answer session that expalins nuclear radiation threats.

China first-quarter GDP up 9.7 percent

China's annual gross domestic product growth eased ever so slightly in the first quarter of 2011 to 9.7 percent from 9.8 percent in the previous quarter, the National Bureau of Statistics said on Friday.

G20 eyes anti-crisis plan, mulls recovery risks

The United States tried to instill confidence on Thursday that the global recovery was not at risk as finance leaders from around the world gathered to advance a plan aimed at preventing future economic crises.

Fed hawks look for exit, doves in no rush

Federal Reserve officials differed on Thursday over the urgency of withdrawing monetary stimulus on Thursday, with some saying inflation is in check despite oil price rises while others warned of risks if the central bank drags its feet.

Groupon IPO may value company at $15-$20 billion: source

Groupon is likely to pick Goldman Sachs and Morgan Stanley to lead a second-half initial public offering that could value the fast-growing daily deals site at $15 billion to $20 billion, a source familiar with the matter said on Thursday.

Google's cost-surge unnerves Street, shares dive

Google Inc's stunning 54 percent spending surge spooked investors already worried that its new CEO may take his eye off the bottom line to chase revenue growth, driving shares of the world's leading Internet search engine more than 5 percent lower.

Wal-Mart settles ethnic harassment suit

Wal-Mart Stores Inc's Sam's Club settled an ethnic harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission, which alleged several employees of Mexican descent endured slurs.

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