IBT Staff Reporter

118141-118170 (out of 154954)

U.S. personal spending in August up 1.3 percent

U.S. consumer spending rose at its fastest pace in nearly 8 years in August, advancing for a fourth straight month, according to a government report on Thursday that pointed to a rebound in spending in the third quarter.

Gays, lesbians getting better showcase on U.S. TV

American TV viewers are seeing more gay, lesbian and transgender characters on their screens and story lines are better reflecting current issues in the gay community, according to a survey set for release on Thursday.

Paul McCartney to release CD/DVD of NY shows

Paul McCartney's recent three-night concert stand in New York City -- during which the rock legend delved into his Beatles, Wings and solo catalogs and brought Billy Joel to the stage -- is coming to CD and DVD.

KKR completes deal with fund; on Euronext

Private equity firm Kohlberg Kravis Roberts & Co closed a long-awaited deal on Thursday to buy its Amsterdam-quoted fund, becoming a Euronext- listed company and completing the first step toward an expected move to the New York Stock Exchange.

Stock futures slip after strong 3Q; data in focus

U.S. stock index futures fell on Thursday, with investors consolidating gains after a strong quarter, and as a raft of economic data was due that could offer clues about the tone of economic recovery.

EU launches free satellite system to fine-tune GPS

The European Union launched a free satellite navigation network on Thursday that could help pilots, drivers and blind people by fine-tuning the accuracy of the U.S. global positioning system to around 2 meters.

New media explosion upends TV ratings system

The explosion of ways people watch television is confounding the media industry, which has relied for decades on the Nielsen ratings but now must adapt to the realities of the Internet and on-demand video.

Big pharma jumps back into flu business

A dearth of new products, new technologies and fresh commitments by governments scrambling to protect their populations from pandemic threats have lured U.S. drugmakers back into the flu vaccine business.

REFILE-US Sept planned layoffs ease as year total tops 1 mln

Planned layoffs at U.S. firms fell in September, showing further signs that the labor market is improving. Planned job cuts announced by U.S. employers fell to 66,404 last month, down 13 percent from 76,456 in August, according to a report released on Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

Futures dip ahead of ISM, jobless claims data

U.S. stock index futures fell on Thursday as investors awaited a raft of data, including manufacturing and jobless, that could provide clues on the strength of an economic recovery. The data due out will also include pending home sales, personal income and consumption, and may offer fresh evidence on the strength of the U.S. recovery, ahead of Friday's non-farm payrolls.

U.S. Sept planned layoffs ease as year total tops 1 million

Planned layoffs at U.S. firms fell in September, showing further signs that the labor market is improving. Planned job cuts announced by U.S. employers fell to 66,404 last month, down 13 percent from 76,456 in August, according to a report released on Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

European shares down; banks, commods suffer

Weakness from commodity stocks and banks outweighed gains in insurers by midsession Thursday, leaving European shares 0.3 percent weaker as nervousness about the global economy resurfaced.

BAE braced for SFO bribery decision

Prosecutors will unveil the result of its long running investigation into allegations of corruption and bribery at defense giant BAE Systems later on Thursday.

U.S. index futures indicate flat to softer start

* U.S. stock index futures point to a flat to weaker start for Wall Street on Thursday, with the Nasdaq Composite futures NDc1 down 0.3 percent after Cisco System (CSCO.O) offered to buy Norwegian Tandberg for $3 billion in cash.

Oil falls below $70 after near $4 jump

Oil fell below $70 on Thursday, pulling back after the biggest daily jump since April as ballooning distillate stocks doused positive sentiment and revived the view that oil prices may have run ahead of demand.

CIT collapse would be a mess, turnaround pros say

If struggling U.S. commercial lender CIT Group Inc were to collapse it would be a drastic mistake as the small businesses that rely on it would have few alternate sources of funding, turnaround experts said at the Reuters Restructuring Summit this week.

Asia manufacturing picks up. but U.S. remains key worry

Manufacturing activity surged across Asia in September as demand picked up, although plans by Japanese manufacturers for record cuts in capital spending cast doubts on the strength of a recovery in the industrialized world.

Oil falls towards $70 after near $4 jump

Oil eased toward $70 on Thursday, pulling back after the sharpest daily jump since April as ballooning distillate stocks doused positive sentiment and revived the view that oil prices may have run ahead of demand.

Stock futures indicate flat to softer start

Stock futures pointed to a flat to weaker start for Wall Street on Thursday, with the Nasdaq Composite futures down 0.3 percent after Cisco System offered to buy Norwegian Tandberg for $3 billion in cash.

World stocks steady to firmer after stellar Q3

World stocks kicked off October on a steady note on Thursday as caution over the state of U.S. recovery tempered anticipation that the global economy would gather momentum in the final three months of 2009.

Pages