IBT Staff Reporter

108031-108060 (out of 154953)

RIM says BlackBerry email issue resolved

Research In Motion said on Thursday that it has isolated and resolved the issue that delayed email service for some North American BlackBerry customers this morning.

GM names new head for Buick, GMC brands

General Motors Co said on Thursday that Brian K. Sweeney would be the new general manager of its Buick and GMC brands after his predecessor lasted nine days on the job.

Daimler sees more short hours at car business-CEO

German carmaker Daimler AG expects to use short working hours in response to weak demand for passenger cars in the first quarter of next year, Chief Executive Dieter Zetsche told Reuters on Thursday.

Beware of Dogs: Mcleod Ganj, Northern India

So, if you feel funny, you're gonna die. He repeated calmly with a closed lip half smile, a little head tilt, and a slight shoulder shrug that says, sorry about that, but there's nothing I can do. It's more

U.N. climate talks resume, U.S. backs aid fund

Danish hosts revived climate talks on Thursday and Washington backed a $100 billion (62 billion pound) fund to aid poor countries as world leaders gathered on the eve of a U.N. deadline to reach a deal to slow global warming.

Obama's ratings sink on economy, healthcare

High unemployment and a fractious debate over healthcare have combined to push down President Barack Obama's job approval ratings and highlight the potential for political dangers ahead.

YRC revises exchange offer, warns on liquidity

Trucking giant YRC Worldwide Inc said on Thursday it was changing the terms of a debt-for-equity exchange offer, including again extending the deadline for bondholder approval in a critical bid to stay afloat.

US mortgage rates up 2nd straight week-Freddie Mac

U.S. mortgage rates rose for a second consecutive week but remained below 5 percent, a closely watched mortgage survey showed on Thursday, a key level that may boost home loan demand and help the housing market recover.

Russia VTB sees net profit of 50 bln rbls in 2010

Loss-making bank VTB (VTBR.MM) expects to return to the black next year, with full-year 2010 net profit seen at around 50 billion roubles ($1.66 billion), Chief Financial Officer Herbert Moos said on Thursday.

OceanFirst, Central Jersey to end merger deal

Savings and loan companies OceanFirst Financial Corp (OCFC.O) and Central Jersey Bancorp (CJBK.O) said they agreed to end their merger agreement, citing lack of regulatory approval, sending shares of Central Jersey down 26 percent to a new 8-year low.

Bank jitters, weak commods push FTSE down 1.9 pct

Jitters in the financial sector prompted by tough new proposed regulations sent banks sliding on Thursday while commodity stocks also retreated on weaker raw material prices, pulling the FTSE 100 down 1.9 percent by close

Philly Fed factory activity at 4-1/2 year high

Factory activity accelerated rapidly in the U.S. Mid-Atlantic region in December, a survey showed on Thursday, hitting its highest in 4-1/2 years and assuaging some worries the industrial recovery is slowing.

Stocks drop as dollar climbs, financials weigh

U.S. stocks fell on Thursday as a rebound in the dollar dampened appetite for risk, while a FedEx forecast weighed on transportation shares and a prominent analyst cut estimates for two major banks, compounding losses for financials shares.

UAL sees Q4 unit revenue down

UAL Corp , parent of United Airlines, on Thursday said it expects its consolidated passenger unit revenue to be down between 6.25 percent and 7.25 percent in the fourth quarter.

M&A set to pick up in Europe drugs, miners, telcos

Merger & acquisition (M&A) activity is set to pick up in European pharmaceuticals, mining and telecoms with deal volumes to climb in 2010 as balance sheets improve and borrowing costs stay close to long-term lows.

Deutsche Bank eyes bid for RBS Sempra: sources

Deutsche Bank (DBKGn.DE) is interested in bidding for commodity trading joint venture RBS Sempra as part of plans to strengthen its commodities business and is one of several suitors remaining, people familiar with the matter said on Thursday.

IMF sees fragile global recovery

A fragile global economic recovery is underway, and a double-dip recession remains unlikely, the International Monetary Fund said on Thursday.

Leading economic index rises 8th month in row

The Conference Board's gauge of future economic conditions rose in November, for its 8th straight monthly increase, boosted by improving financial conditions, employment and housing, the private research group said on Thursday.

Dubai projects go ahead as officials visit U.S.

For more stories on the Dubai crisisAs Dubai developers reassured the world their ambitious construction projects would go ahead, officials from the emirate were expected in New York to shore up confidence after a debt landslide threatened its top companies.

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