IBT Staff Reporter

98731-98760 (out of 154954)

U.S. probing LPS unit Docx LLC: report

A unit of Lender Processing Services Inc , a U.S. provider of paperwork used by banks in the foreclosure process, is being investigated by federal prosecutors, the Wall Street Journal reported on Saturday.

U.S. delays decision on China yuan manipulation

U.S. Treasury Secretary Timothy Geithner said on Saturday he was delaying an April 15 report on whether China manipulates its currency but pledged to press for a more flexible Chinese currency policy.

Imported pigeons infected with bird disease

The Australian Veterinary Association (AVA) said that there is a great need now for a good quarantine system as a highly infectious bird disease has been detected from imported pigeons just recently.

Feds oppose separate trials in insider trading case

U.S. prosecutors on Friday opposed a request by accused Galleon fund founder Raj Rajaratnam and his main co-defendant for separate trials in what prosecutors have described as the biggest hedge fund insider-trading case ever in the United States.

iPad still awaits the rush

Apple's iPad, the subject of frenzied industry speculation since its unveiling in January, has so far not drawn the hordes that ushered in the iPhone three years ago.

Wireless technology to improve life of diabetics

Online communities within-reach via mobile phones and the internet, can be easily utilized to help people with chronic disease like diabetes. The approach outlined in the International Journal of Networking and Virtual Organizations, would cut down healthcare costs and empower patients to manage their condition more effectively.

No criminal charges seen in AIG's collapse: TV report

CBS News reported late Friday that Joseph Cassano, the former AIG executive closely linked with the giant insurer's near collapse in September 2008, will meet with U.S. Justice Department attorneys next week in what will probably end the two-year criminal investigation into the company -- with no criminal charges likely to be filed.

Summers: Economy on path to growth: FT

The U.S. economy is on the path to achieving self-sustaining growth, although the jobs outlook remains uncertain, White House economic adviser Larry Summers said in a newspaper interview to be published on Saturday.

Geithner eyes improved odds on China yuan rise

Treasury Secretary Timothy Geithner said on Friday the Obama administration wants to maximize the chances that China will quickly lift the value of its yuan currency and expressed confidence Beijing would decide doing so was in its interest.

Carl Icahn unwinding Blockbuster stake

The billionaire investor Carl Icahn has slashed his ownership stake in Blockbuster Inc's Class A shares to below 5 percent, two weeks after the video rental company said it might seek bankruptcy protection and that its survival was in question.

China journalist club shuts website after attack

The Foreign Correspondents Club of China said on Friday it had shut its website after a burst of hacker attacks, days after attacks on the Yahoo email accounts of some foreign journalists covering China were discovered.

Sharp to launch advanced 3D panels for mobile gear

Sharp Corp said it plans to start making this year advanced 3D displays for cellphones and other mobile devices that don't require special viewing glasses, betting that demand for 3D images will grow beyond movie theatres and living rooms to portable machines.

Obama: U.S. starting to turn the corner on jobs

President Barack Obama hailed new signs of an improving U.S. labor market on Friday as proof that we are beginning to turn the corner but warned it would still take time to achieve sustained job growth.

White House: no decision on China currency report

The Obama administration has not decided to delay a report that could brand China a currency manipulator and Chinese President Hu Jintao's upcoming visit does not affect the issue, the White House said on Friday.

Private sector hiring lifts March payrolls

U.S. employers created jobs in March at the fastest rate in three years as private firms stepped up hiring, the strongest signal yet that the economic recovery is on a solid footing and needs less government help.

Startup helps inner-city businesses find funding

Few small businesses would choose to set up shop in a poorer section of town, but at a time when capital is hard to come by, the financial benefits for inner-city entrepreneurs can be significant.

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