IBT Staff Reporter

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Obama to push for Dream Act again in 2011

President Barack Obama said on Wednesday that he will work to change the politics of the immigration debate on children of illegal immigrants in 2011 by engaging Republicans and making his case to the American people to pass the DREAM Act.

Starbucks says grocery coffee share down since 2004

Starbucks Corp unveiled new details about its unraveling relationship with Kraft Foods Inc on Wednesday, ahead of a court conference on Kraft's request to force Starbucks to stop plans to take over distribution of its packaged coffee.

The smart investment choice in 2011 will be Gold

When the return on savings is less than the rate of inflation it doesn't matter that gold doesn't provide you with an income. Tightly supplied and indestructible, it offers a natural and obvious alternative to cash. Inflation expectations are rising as 2011 begins.

Ground Zero health bill passes Senate

The long fight for healthcare and compensation for Ground Zero workers is finally over. The U.S. Senate today passed the James Zadroga 9/11 Health and Compensation Act by unanimous consent.

Former law firm partner charged with helping Starr operate Ponzi scheme

The Securities and Exchange Commission (SEC) has charged Jonathan Bristol, a former law firm partner, with aiding and abetting Kenneth Ira Starr's Ponzi scheme by allowing Starr to use his attorney trust accounts as conduits for transferring the funds stolen from Starr's clients to Starr and his two companies for personal use.

Bed Bath sees strong holidays

Bed Bath & Beyond beat quarterly profit estimates and gave a strong outlook for the period covering the holidays as U.S. consumers spent more on their homes, sending its shares up.

Senators reach deal on Ground Zero bill

Sens. Kirsten Gillibrand and Charles Schumer, D-NY, have announced that the Senate has reached a deal to pass the James Zadroga 9/11 Health and Compensation Act, which will provide $6.2 billion for permanent healthcare and compensation for the approximately 20,000 Americans who are suffering from illnesses contracted while working at Ground Zero in the weeks following the terrorist attacks.

Six banks return $2.7 billion to Treasury

Six bank holding companies repaid a total of $2.7 billion in federal bailout funds they received during the financial crisis, the Treasury Department said on Wednesday.

Chemical makers upbeat on 2011, wary on Obama

Stronger consumer appetites for clothes, cars and electronics should fuel higher profits among U.S. chemical makers next year, even as executives worry that regulations may hamper long-term growth.

NATO Turns To IBM For Cloud Computing

IBM will provide cloud computing software that will consolidate and integrate technology capabilities for critical command and control programs at NATO.

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