IBT Staff Reporter

100381-100410 (out of 154954)

Fed seen keeping extended period low rate vow

Lingering U.S. labor market weakness and nagging doubts about the solidity of the economic recovery are expected to keep the Federal Reserve committed to holding borrowing costs very low for a long time at a monetary policy meeting next week.

Appetite for reform fading: NYSE Euronext CEO

The appetite and sense of urgency for world financial reform have waned as markets have rebounded and the world economy has shown signs of recovering, the head of exchange operator NYSE Euronext said on Thursday.

Simon CEO: No pressure from rival Gen Growth plan

The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer.

British Conservatives promise superfast Internet

Investing in a high-speed Internet network would open up a new global trade route for Britain, boosting economic recovery and creating thousands of jobs, the opposition Conservative party said on Thursday.

Billionaire Pinera takes power in Chile

As the ground shook and buildings swayed, conservative billionaire Sebastian Pinera took office as Chile's president on Thursday, tasked with rebuilding after a massive earthquake killed hundreds just 12 days ago.

Time for next stage of sustainable business

Corporate America needs to track its use of energy and resources as closely as it does its hiring and cash flow if it wants to keep pace with social concern about climate change and other sustainability issues, an activist U.S. investor group argues in a new report.

Peanut allergy linked to worse asthma in kids

Researchers found that among 160 5- to 18-year-olds with asthma seen at their center, the 46 with peanut allergies generally had more hospitalizations for asthma exacerbations than children without the food allergy.

Do needle-exchange programs really work?

NEW YORK (Reuters Health) - Needle-exchange programs designed to cut injection drug users' risk of HIV, the virus that causes AIDS, and other infections do seem to reduce needle sharing, but there is only limited evidence that they lower disease transmission, a new research review concludes.

Cancer cases in Australia to double within 20 years

A world expert, professor Graham Colditz, an Australian who has taught Harvard, and is now based at the University of Washington Medical School, warns that Australia could expect a double in the number of cancer cases within 20 years, if poor lifestyle habits are not changed.

Dengue fever outbreak in North Queensland

A recent spread of dengue fever cases has been declared, with three cases originating in the north Queensland town of Tully. Queensland Health medical director Dr Jeffrey Hanna says while the outbreak is small; there is no time to be complacent.

Big majority of Americans wants Wall Street regulation

An overwhelming majority of Americans wants Wall Street subjected to tougher regulation in the aftermath of the bank bailout and the bonus scandals that have rocked the U.S. financial sector, according to a Harris poll released on Thursday.

Sen. Dodd to unveil financial reform bill Monday

Senator Christopher Dodd, the chief negotiator for the Democrats on financial regulation reform in the U.S. Senate, said on Thursday he will unveil a reform bill on Monday, after talks with Republicans broke down.

Markets slip as China inflation raises concerns

U.S. stocks edged lower on Thursday as China inflation data raised worries about reduced demand from one of the world's largest economies, but gains in big-cap technology shares limited losses.

How free markets sank the U.S. economy

Two years ago, a poisonous brew of bad economics, lax regulation, and egregious behavior boiled over, scalding the financial system and pitching the United States into its steepest downturn since the Great Depression.

Doctors fail to cut cholesterol enough

(Reuters) - Only half of patients at high risk of heart disease are given the right targets for cutting their cholesterol and millions may suffer heart attack or stroke due to doctors' poor advice, scientists said on Thursday.

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