IBT Staff Reporter

76831-76860 (out of 154954)

Brent steady near $116, supply fears simmer with Yemen

Brent crude was steady near $116 after rising as much as 0.6 percent on Wednesday as intensifying unrest in Yemen highlighted the security risks facing oil output from the Arabian peninsula, home to the world's biggest oil fields.

Anti-Gay App: Open Letter to Steve Jobs From PFLAG President (FULL TEXT)

Rabbi David Horowitz of PFLAG National (Parents, Family and Friends of Lesbians and Gays) has written an open letter to Steve Jobs urging Apple to remove an app from Exodus International, which says the app is a refuge for people looking for help in their journey out of homosexuality and will help cure people of their homosexuality.

Global shares down, euro eases ahead of Portugal vote

Uncertainty over the human and economic damage inflicted by Japan's earthquake, tsunami and nuclear crisis weighed on Asia stocks on Wednesday, and the euro eased ahead of a parliamentary vote in Portugal that could see the government fall.

Japan sees quake damage near $310 billion

The Japanese government on Wednesday estimated the direct damage from a deadly earthquake and tsunami that struck the country's northeast this month at 16-25 trillion yen ($185-308 billion), making it the world's costliest natural disaster.

Japan estimates quake damage at up to $300 billion: report

The Japanese government estimates material damage from a deadly earthquake and tsunami that struck the country's northeast this month at 15-25 trillion yen ($185-308 billion), making it the costliest ever natural disaster, the Nikkei newspaper reported on Wednesday.

Japan banks mull $25 billion loans to nuclear operator: sources

Japan's top lenders including Sumitomo Mitsui Financial Group <8316.T> are in talks to provide up to 2 trillion yen ($24.7 billion) in emergency loans to Tokyo Electric Power <9501.T> to help the operator of a stricken nuclear plant rebuild its power supply network.

U.S., Rajaratnam battle over Goldman CEO testimony

Goldman Sachs Group Inc chief Lloyd Blankfein will be called to testify at Raj Rajaratnam's insider trading trial as soon as this week, but prosecutors want to prevent him being questioned about any legal issues facing the bank, according to trial documents.

Apollo cuts expected price range of IPO

Private equity firm Apollo Global Management LLC lowered the expected range for the price of its initial public offering after delaying its filing as a nuclear crisis in Japan and democracy protests in the Middle East rocked markets.

Japan banks eye $12 billion in loans for nuke operator: source

Japanese financial institutions, including the country's top three banks, are considering providing more than 1 trillion yen ($12.3 billion) in emergency loans to Tokyo Electric Power <9501.T>, the operator of a stricken nuclear plant, sources said on Wednesday.

Black's first-week 'Friday' sales not in millions

NASHVILLE - Contrary to several media reports, Rebecca Black is not netting hundreds of thousands of dollars from the more than 33 million YouTube views of her uber-viral video Friday or its digital sales. However, she's not doing bad.

Adobe's Q2 view shaken by Japan quake fallout

Adobe Systems Inc posted first-quarter profit above Wall Street estimates, but the world's biggest maker of design software cut its second-quarter revenue outlook by $50 million, citing uncertain business environment in Japan following the earthquake.

Japan supply paralysis spreads as firms cut output

Sony Corp <6758.T> cut output at five more plants and Toyota Motor Corp <7203.T> delayed restarting assembly lines, as the global supply of parts and products began to feel the full impact of Japan's catastrophic earthquake.

UAW's King calls Ford CEO compensation outrageous

United Auto Workers union President Bob King said recent compensation awards for Ford Motor Co Chief Executive Alan Mulally are outrageous at a time when some workers who make Ford vehicles earn $15 per hour.

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