IBT Staff Reporter

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Most Americans: Tax the rich but not me

Most Americans believe tax hikes are OK if you're making more than $250,000, a policy proposed by President Barack Obama, but hands off Medicare and Social Security, a poll released on Monday found.

Web attacks hit Vietnam bauxite activists: Google

Google Inc has said it identified cyber attacks aimed at silencing opposition to a Vietnamese government-led bauxite mining project involving a major Chinese firm, and said they were similar to those at the heart of the company's friction with Beijing.

AIG lawsuit alleging missed red flags dismissed

A Manhattan federal judge dismissed a shareholder lawsuit accusing current and former American International Group Inc executives and directors of ignoring red flags, leading to the insurer's near collapse and about $180 billion of federal bailouts.

EADS silent after Sarkozy hints at tanker bid

Airbus parent EADS declined to comment on Wednesday after French President Nicolas Sarkozy stoked expectations that it would re-enter a competition to supply aerial tankers to the U.S. Air Force.

FDA panel weighs menthol cigarette effects

(Reuters) - U.S. advisers heard evidence on the effects of menthol cigarettes on Tuesday as they began a year-long review of the popular but controversial flavoring under the government's new tobacco powers.

Obama signs final healthcare changes, defends law

(Reuters) - President Barack Obama made another push to sell his healthcare overhaul to a skeptical public on Tuesday, calling it a victory over special interests that will help the middle-class and defending the courage of legislators who backed it.

Futures down ahead of ADP jobs report

Stock index futures edged lower on Wednesday as investors awaited a report on private-sector employment to assess the strength of recovery in the jobs market.

Futures point to lower Wall St open

Stocks futures edged down on Wednesday, pointing to a slightly weaker start for Wall Street, with some caution persisting ahead of a private sector jobs report.

Ericsson wins $1.3 billion India deal

Ericsson said on Wednesday it had won a $1.3 billion network expansion contract from top Indian operator Bharti Airtel, its third major order in three days, and its largest deal in eight months.

World stocks flat, set for 4th quarterly rise

World equities were flat on Wednesday, though they were headed for their fourth consecutive quarterly rise, while the dollar hit a three-month high against the yen and Greece's borrowing costs rose on supply plans.

Mini-Big Bangs created in cosmos origins project

Physicists smashed sub-atomic particles into each other with record energy on Tuesday, creating thousands of mini-Big Bangs like the primeval explosion that gave birth to the universe 13.7 billion years ago.

World stocks steady, set for 4th quarterly rise

World equities ticked down on Wednesday though they were headed for their fourth consecutive quarterly rise, while the dollar hit a three-month high against the yen and the Australian dollar fell.

Macarthur Coal rejects Peabody $3 billion bid

Australia's Macarthur Coal rejected a $3 billion bid from U.S. miner Peabody Energy, saying it undervalued the growth prospects of a company which controls a third of the world's supply of a cleaner coal coveted by steelmakers.

Asia shares dip, Nikkei hits 18-month high

Japanese shares rose to 18-month highs on Wednesday, continuing to eclipse their peers elsewhere in Asia, as a rebound in U.S. consumer confidence boosted investors' hopes that the global economic recovery will prove to be sustainable.

Asia shares dip; Nikkei hits 18-month high

Japanese shares rose to 18-month highs on Wednesday, continuing to eclipse their peers elsewhere in Asia, as a rebound in U.S. consumer confidence boosted hopes that a global economic recovery will prove to be sustainable.

U.S. rebound on good footing: Fed's Fisher

The U.S. economic recovery is gathering speed as business activity picks up pace, despite lingering weakness in employment, Dallas Federal Reserve Bank President Richard Fisher said on Tuesday.

Lender wants Sex.com bankruptcy case thrown out

A lender which claims it is owed millions by the Sex.com domain name operator is asking a U.S. bankruptcy court to dismiss an involuntary bankruptcy case against the company, so it can resume a foreclosure auction, according to new court documents.

'That was my idea' -- Group brainstorming settings and fixation

when people, groups, or organizations are looking for a fresh perspective on a project, they often turn to a brainstorming session. An upcoming study from Applied Cognitive Psychology suggests that this may not be the best route to take to generate unique and varied ideas.

Practice makes perfect

We are not all blessed with the brains, beauty, luck, and capital that we associate with highly successful business people or entrepreneurs. Although most new business ventures fail, a few prosper and grow rapidly.

New discovery on cakes and frostings

Delicious new cakes and frostings may someday contain less fat and fewer calories, thanks to work by Agricultural Research Service (ARS) scientists such as Mukti Singh. She's based at the ARS National Center for Agricultural Utilization Research (NCAUR) in Peoria, Ill.

Google says China's great firewall blocked search

Google Inc blamed the great firewall of China for blocking its Internet search service in the country on Tuesday, but said it did not know if the stoppage was a Chinese technical glitch or a deliberate move in their face-off over Internet censorship.

Crude Oil Revisited Special Report

Just over four weeks ago we wrote that the duel between economic recovery and accompanying inflation versus economic stagflation and unemployment has kept crude oil futures within a $13.00 barrel trading range since October, 2009

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