IBT Staff Reporter

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Battle Looms In TerreStar Bankruptcy

A fight between EchoStar, Harbinger Capital Partners and holders of TerreStar Corporation's common stock could be brewing over the value of the TerreStar's spectrum and whether all of the company's affiliates should be in bankruptcy at all.
Nov 05, 2010

Microsoft Launches Kinect

Having faced multiple hardware debacles ranging from Zune to Kin, Microsoft is out to prove naysayers false with its Xbox add-on Kinect, a motion sensor and voice recognition technology-based device that allows users to control games and movies with gestures and voice.
Nov 04, 2010

Continous money printing will drive gold ever higher: An Interview with Mr. Rose, CEO of Capital Gold Group

With our debt coming to maturity in the next ten years, which we cannot afford to pay, printing money seems to be our only option, which we feel is going to spur inflation, if not hyperinflation. We also feel if we adjusted gold for the inflationary highs of the 80's, gold bullion should already be at $2,200 an ounce, so we feel very strongly about a further drive up in gold over the next five years.
Nov 03, 2010

China denies blocking rare earth shipments to US, Europe

China's Commerce Ministry denied the New York Times report stating the government has extended block on shipments of rare earth to include the United States and Europe, other than Japan, a Bloomberg report said, citing a faxed response from the Ministry.
Oct 20, 2010

U.S. Justice Dept. probing foreclosure processes

The U.S. Justice Department said on Wednesday it was probing reports the nation's top mortgage lenders improperly evicted struggling borrowers from their homes as part of the devastating wave of foreclosures unleashed by the financial crisis.
Oct 07, 2010

Nobel-winning work is matchmaker for molecules

The three winners of this year's Nobel Prize for Chemistry all developed new ways to make carbon atoms stick to one another -- a mundane-sounding process that in fact underlies the very basis of life.
Oct 07, 2010

FDA to push for more investment in science

Health regulators plan to spend millions of dollars to step up their scientific prowess in a move that officials say will help quickly get new treatments to patients and protect the public against possible health threats.
Oct 07, 2010

How Republicans could block healthcare reform

Republicans could keep their promises to stop healthcare reform even if they cannot repeal it, simply by blocking legislation needed to pay for it, one expert argued on Wednesday.
Oct 07, 2010

Poor healthcare may shorten American lives: study

Americans die sooner than citizens of a dozen other developed nations and the usual suspects -- obesity, traffic accidents and a high murder rate -- are not to blame, researchers reported on Thursday.
Oct 07, 2010

Private sector job cuts raise Fed easing chance

U.S. private employers unexpectedly shed jobs in September, reinforcing the belief that the U.S. Federal Reserve will embark on another round of monetary policy stimulus to support the economic recovery as early as next month.
Oct 06, 2010

Private sector sheds 39,000 jobs in Sept

Private employers unexpectedly cut 39,000 jobs in September after adding an upwardly revised 10,000 jobs in August, a report by a payrolls processor showed on Wednesday.
Oct 06, 2010

Prices gain on unexpected private jobs decline

U.S. Treasury debt prices climbed on Wednesday, pushing benchmark note yields to the lowest since January 2009, after ADP Employer Services said private payrolls unexpectedly contracted in September.
Oct 06, 2010

Lawmakers seek foreclosure investigations

California Democrats in the House of Representatives are calling for federal investigations into whether financial institutions broke any laws in their handling of foreclosures in the midst of the housing crisis.
Oct 06, 2010

Study shows limits of Child Protective Services

The Child Protective Services system in the United States has outlived its usefulness, and should be scrapped in favor of other approaches to protecting at-risk kids, according to a leading expert on injury prevention.
Oct 06, 2010

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