IBT Staff Reporter

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American Air holds ground in travel agent spat

American Airlines sparred with third-party ticket sellers on Wednesday in an ongoing battle over distribution costs and methods as one key provider of airfare data vowed to stop offering the airline's flight information.

LG Display in LCD screen supply deal with Sony

LG Display said on Wednesday that the company is in a TV screen supply deal with Japan's Sony Corp, a major breakthrough for the South Korean company after Sony switched to Samsung six years ago for flat screen purchases.

RIM's PlayBook software unit QNX shifts into gear

QNX Software, the system Research In Motion will use to power its PlayBook tablet and future BlackBerry smartphones, may outshine its parent this week as it touts vehicles with the productivity of an office.

Healthcare battle begins

House Republicans wasted no time in going after President Obama’s healthcare reforms of 2010.

Hiring surges, buoys economic outlook

The number of U.S. private-sector jobs surged in December at a rate three times stronger than forecast, the most bullish signal in months that a recovery in the world's biggest economy is shifting up a gear.

Google wins court challenge on government contract

Google Inc won a small battle in its larger war to make inroads into government contracting when a federal judge ordered the Interior Department to rethink a proposed bid for a contract for email services.

Toyota, Ford knotted at top in perception survey

Toyota Motor Corp, faltering from recalls, has fallen into a statistical tie with Ford Motor Co for tops in U.S. consumer brand perception, influential magazine Consumer Reports said on Wednesday.

Starbucks cuts name, coffee from logo

Starbucks Corp , the world's biggest coffee chain, dropped both its name and the word coffee from its 40-year old logo, prompting cries of outrage from people who said they were loyal customers.

ADP strength elicits sharp selloff

CHICAGO, Jan 5 - As the domestic session opened, 10-year notes were up 13+/32nds on weaker stocks overnight; however, the ADP Employment report stunned the market with 297k jobs created versus an expectation of +100k.

Gibbs will leave White House

Robert Gibbs, President Obama’s press secretary is leaving the White House. He will depart some time after the President’s State of the Union address on Jan. 25, the administration said today.

Microsoft to work with ARM chips, not just Intel

Microsoft Corp will introduce a version of its Windows operating system compatible with chips designed by Britain's ARM Holdings, as the software company tries to grab a slice of an exploding market for tablet computers.

Verizon Techs Appeal GPS Decision

A group of Verizon technicians is appealing a court decision that upheld the company's right to use global positioning system devices to track employees' whereabouts.

National debt looms large over Washington

The two houses of the 112th Congress commence business today at noon and both veteran lawmakers and newcomers are going to find many important national issues on their collective plates – jobs and the economy, healthcare, last fiscal year’s unattended budget, this fiscal year’s developing budget, immigration, Afghanistan, Pakistan and energy, to name some of the bigger ones.

Hiring surges in December, buoys economic outlook

The number of U.S. private-sector jobs surged in December at a rate three times stronger than forecast, a hiring report showed, the most bullish signal in months that a recovery in the world's biggest economy is shifting up a gear.

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