IBT Staff Reporter

79141-79170 (out of 154954)

China's Wen puts social stability at heart of economy

Fighting inflation is a priority for China and the government must ward off threats to social stability stemming from rapid price increases and pressure to raise the value of the yuan, Premier Wen Jiabao said on Sunday.

Warren Buffett says on the hunt for deals

Warren Buffett is looking for acquisitions as an outlet to deploy his $38 billion cash pile, the legendary investor said in his annual letter to Berkshire Hathaway Inc shareholders on Saturday.

Mizuho to buy out units in $4 billion deal: source

Mizuho Financial Group is planning to buy out its brokerage and trust bank units, a source familiar with the matter said on Saturday, in a roughly $4 billion deal aimed at helping the lender grow beyond sluggish commercial banking business in Japan.

ECB's Draghi says must watch inflation threat

Monetary policy makers must closely watch emerging inflation tensions to head off any decline in expectations for price stability, European Central Bank Governing Council member Mario Draghi said on Saturday.

Russia launches navigation system satellite

Russia launched on Saturday one of the final satellites needed to complete a space-based navigation system, which Moscow hopes will challenge the dominant U.S. Global Positioning System .

Oscar advertisers reveal plans for the big night

JCPenney, Best Buy, Hyundai, and Livingsocial.com have all released a preview or description of their advertisement campaigns for the upcoming Academy Awards, hoping to create a buzz and thus earn more eyeballs during Hollywood's biggest night.

Coming soon, a smart phone App to detect cancer in 60 minutes

A mobile phone can spot cancer and soon there may be an application to detect it and could allow physicians to find out within 60 minutes whether a suspicious lump in a patient is cancerous or benign, Science Translational Medicine journal said in a report on Friday.

Succession, derivatives on tap in Buffett letter

Don't bother calling your favorite value investor on Saturday morning -- he or she will be busy devouring every last word of annual wisdom from the guru of that investing discipline, Warren Buffett.

Mizuho plans to buy out securities, trust units: source

Mizuho Financial Group is planning to buy out its brokerage and trust bank units, a source familiar with the matter said on Saturday, a deal that could be worth around $4 billion as the lender tries to grow beyond sluggish commercial banking business in Japan.

Verizon Wireless iPhone sales mostly online

Verizon Wireless sold more iPhones online than in stores, its top executive told Reuters, disputing a concern that the sparse crowds that greeted the store launch of the Apple Inc device signaled low sales.

Tremont investors in $100 million pact over Madoff

Investors who lost money in Bernard Madoff's Ponzi scheme have reached a $100 million settlement with a group of funds affiliated with Tremont Group Holdings Inc that funneled their money to the now imprisoned con man.

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