IBT Staff Reporter

98371-98400 (out of 154954)

Easter volatility lifts weekly jobless claims

The number of workers filing for unemployment benefits unexpectedly shot higher last week but did not alter the view that labor markets are recovering as the jump reflected Easter holiday volatility.

Apple's iPad sets strong sales pace, iAd unveiled

Apple Inc CEO Steve Jobs on Thursday revealed stronger-than-expected sales of 450,000 for the iPad since its much-hyped debut, and touted a phone operating system with a new advertising platform to compete with rival Google Inc's.

March retail sales jump, post record growth

Top retail chains posted a record rise in monthly same-store sales for March, helped by an early Easter holiday and an improving job market, in the strongest sign yet of revived consumer demand.

Wi-Lan sues Apple, HP, others on Bluetooth patent

Wi-Lan Inc, the Canadian technology licensing company, has filed a lawsuit accusing 19 computer and phone companies of infringing a patent by selling laptops and cellular handsets enabled with Bluetooth technology.

Apple's iPad takes video gaming seriously

Apple's iPad tablet computer hasn't been out a week yet but there are already over 830 video games that have been developed to suit the large format, high definition, multi-touch screen.

GS, JPM, Citi advise on UAL-US Air talks

JPMorgan Chase & Co , led by James Jimmy Lee, and Goldman Sachs are advising United Airlines on its merger talks with US Airways , several people familiar with the matter said.

U.S. group targets Honeywell over Iran

A pressure group, United Against Nuclear Iran , is urging industrial conglomerate Honeywell International Inc to stop selling security technology to Iran, the group said on Thursday.

FCC issues broadband agenda despite court loss

The head of the Federal Communications Commission vowed to press ahead with a broadband expansion plan despite a court ruling this week that undermined the agency's authority to manage networks.

Apple's iPad sales set strong pace

Apple Inc has sold 450,000 iPads since its debut on Saturday, Chief Executive Steve Jobs said, setting a fairly torrid pace for a device expected to power the electronics giant's future growth.

Wall Street rises on retail strength

U.S. stocks gained on Thursday after surprisingly strong March retail sales created optimism that a consumer spending rebound would be a harbinger of strong corporate earnings.

FOREX-Euro edges higher on Trichet comments; yen gains

The euro approached a 2010 low against the dollar on Thursday but rebounded after the chief of the European Central Bank assured markets that Greece was in no danger of defaulting on its debt. The yen relinquished earlier gains as the reassurance by ECB President Jean-Claude Trichet on Greece eased market risk aversion, while a news report fed speculation that China may be gearing up to revalue the yuan.

Wall St advances on retail strength

Stocks gained on Thursday, led by the retail sector after surprisingly strong March sales as a rebound in consumer spending was seen as a harbinger for strength in corporate earnings.

3D TV to face global test in soccer World Cup

Hundreds of thousands of soccer fans are likely to get their first taste of live 3D viewing during this year's World Cup, the vast majority of them in cinemas rather than at home, according to football body FIFA.

Distressed home sales levels near 2009 peak

Sales of foreclosed or other distressed homes are flirting with the peaks of the housing crisis in early 2009 when heavy inventory was pressuring home prices lower, according to First American CoreLogic.

Northeast has best schools for housing dollar

Parents looking for the best state school system for their housing dollar should concentrate on the northeast section of the country, particularly Massachusetts, according to a new report.

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