IBT Staff Reporter

77341-77370 (out of 154954)

Brent crude falls below $110 as equities drop

SINGAPORE, March 17 - Brent crude fell by as much as 1 percent on Thursday to below $110 as Japan's worsening nuclear crisis buffeted stock markets, raising questions about the impact of the earthquake on growth and energy demand.

Mizuho: ATMs stop working across Japan, cause unknown

Mizuho Bank <8411.T> said that all of its automatic teller machines throughout Japan and its Internet transaction system have stopped working on Thursday, after computer glitches disrupted $7.3 billion worth of transactions over the previous two days.

Yen surges to all-time high in chaotic trade

The yen soared to a record high against the dollar on Thursday before pulling back to near 80, surging in chaotic trading as a break of the previous peak triggered a cascade of stop-loss and algorithmic sales.

Exchanges defend speculation amid oil price surge

Two top energy market operators redoubled their defense of speculators on Wednesday amid renewed concerns in the oil market, arguing that speculators are misunderstood and often too quickly blamed for price spikes.

Websense exploring a sale: report

Security software company Websense Inc is exploring selling itself and has hired Frank Quattrone's Qatalyst Partners to help with the process, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

UEFA Champions League Round-up - Real Madrid break jinx to advance, Chelsea through

Real Madrid broke the jinx and qualified for the quarter-finals of the UEFA Champions League for the first time in seven years after a 3-0 victory over French side Olympique Lyon at the Santiago Bernabeu. In the other game, Chelsea and FC Copenhagen played out a 0-0 draw, meaning the English side go through with an aggregate score of 2-0.

Rajaratnam lawyer: information public, not secret

Accused hedge fund manager Raj Rajaratnam did not get secrets about Advanced Micro Devices Inc and eBay Inc from a former high-placed friend because the information was already public, his lawyer argued at trial on Wednesday.

Yen surges to record high; intervention risk looms

The yen soared to a record high against the dollar on Wednesday as concerns escalated over a nuclear crisis in Japan, and investors nervously watched to see if Japanese authorities will step in to stem the currency's rise.

Lionsgate teams with Groupon on Lincoln Lawyer

TORONTO - Lionsgate is partnering with Groupon to sell half-price $6.00 tickets for The Lincoln Lawyer, starring Matthew McConaughey, Marisa Tomei and Ryan Phillippe. The film is opening wide this Friday.

Apple clobbered by rare Wall St downgrade, Japan looms

A rare Wall Street downgrade stoked fears that Apple Inc's torrid growth is slowing and sent its shares sliding for the second straight day as nervous investors ponder the impact on the tech industry from Japan's largest-ever earthquake.

J&J gives CEO high marks and pay despite low year

After a year in which Johnson & Johnson's product quality control was deemed such a shambles that the U.S. government will oversee some plants, the board had praise for Chief Executive William Weldon and awarded him almost $29 million in overall compensation.

Obama administration seeks Internet privacy bill

The Obama administration is backing legislation to protect the personal data of Internet users, toughening its stance from a call last year for voluntary codes of conduct for data companies and advertisers.

Geithner says imperative to cut deficits

Treasury Secretary Timothy Geithner said on Wednesday it is imperative that the United States cut its budget deficits, and he believes there is increasing bipartisan support in Congress to do so.

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