IBT Staff Reporter

77101-77130 (out of 154954)

GM curtails spending, travel on Japan crisis

General Motors Co has suspended all nonessential spending and global travel while the automaker assesses the impact of the crisis in Japan on the company, a GM spokesman said on Saturday.

Manchester United extend lead after late Bolton win

Ten-man Manchester United snatched three crucial points at Old Trafford with a 1-0 victory over Bolton Wanderers in the English Premier League, which extended their lead at the top to five points after Arsenal drew West Brom 2-2.

Dutch government seeks to allow online gambling

The Dutch government said on Saturday it wanted to grant licenses for Internet gambling services in the Netherlands and lift restrictions that hundreds of thousands of Dutch ignore every year.

Gaddafi Forces Attack Rebels as Intl. Leaders Discuss No-Fly Zone

Forces backing Libyan leader Muammar Gaddafi attacked rebels in the city of Benghazi on Saturday as international leaders met in Paris to discuss how to implement a UN resolution calling for a Gaddafi cease fire and authorizing military action to protect Libyan civilians.

Japan plans up to $127 billion in lending after quake: Nikkei

The Japanese government plans to dedicate up to 10 trillion yen ($127 billion) in crisis lending to businesses to help them finance day-to-day operations and repair damage from last week's deadly earthquake and tsunami, the Nikkei newspaper reported on Saturday.

Eli Lilly very much opposed to merger: CEO

Drugmaker Eli Lilly , which faces plunging sales due to competition and lapsing patents, will not merge with another peer to ride out any rough times ahead, chief executive John Lechleitr said on Saturday.

Libya ceasefire prompts stock rally

Global stocks rose on Friday as traders took on riskier investments following a Libya ceasefire that reduced tension in the region, and after several central banks intervened to stabilize the yen.

Judge rejects settlement with Ameriprise unit

A U.S. judge rejected a preliminary class-action settlement with Securities America, a broker accused of failing to vet fraudulent companies properly, in a ruling that gave a lift to state regulators trying to stop the deal.

Starbucks says raising bagged coffee prices

Starbucks Coffee Co said on Friday it would raise the price of its packaged coffee by an average of 12 percent after its Chief Executive Howard Schultz once again blamed speculators for pushing coffee prices higher.

IBM pays $10 million to settle bribery complaint

IBM has agreed to pay $10 million to settle a complaint its employees tried to bribe South Korean and Chinese officials with cash, gifts and entertainment in return for business for more than a decade.

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