IBT Staff Reporter

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Madoff's victims face uphill fight against SEC

Victims of Bernard Madoff must surmount laws that shield federal workers and agencies from liability if they want to sue regulators and their staffers for not stopping Madoff years before he confessed to a $65 billion Ponzi scheme.

Obama urges quick action on healthcare reform

President Barack Obama told Congress on Wednesday the time for bickering is over and called for quick action on a broad healthcare overhaul that would dramatically transform the U.S. health system and insurance market.

Google expects increasing video in search ads

Google Inc is infusing its paid search ads with video, product images and other features as the Internet company strives to refine its money-making capabilities in a tough advertising environment.

Obama says to end bickering, pass healthcare reform

President Barack Obama will tell Congress on Wednesday the time for bickering is over and call for quick action on a comprehensive healthcare overhaul that would dramatically transform the U.S. insurance market and health system.

Daily Forex Commentary Sep 10

The Aussie dollar faltered at attempts to reach 87 cents in local trade yesterday running into some strong intraday selling around 0.8650 following worse than expected economic data.

GM board shakes up management, moves on Opel

General Motors Co shook up its management and dispatched a negotiator on the sale of its Opel unit to Berlin after a watershed two-day board meeting under the direction of Chairman Ed Whitacre, people familiar with the proceedings said.

GM readies Opel announcement, shakes up management

General Motors Co's board concluded a two-day meeting in Detroit on Wednesday and dispatched the automaker's negotiator on the sale of its Opel unit to Berlin ahead of announcements scheduled for Thursday in Germany, people familiar with the proceedings said.

HP conducting review of IT, BPO assets-executive

Hewlett-Packard Co is conducting a strategic review of the information technology and business process outsourcing assets that came with its 2008 acquisition of EDS, a senior executive said on Wednesday.

China' next round of ore talks in jeopardy

China's next iron ore pricing negotiation is now in jeopardy after Rio Tinto suspended this year's talks with Chinese steel mills without agreement just two months before the 2010 round was due to begin.

OPEC set to hold steady, looks to economy

OPEC was set to keep output targets steady at a meeting late on Wednesday after top exporter Saudi Arabia looked to economic strength to bolster the oil price and dismissed bulging inventories.

OzForex Daily Commentary - 10/09/2009

The Aussie dollar faltered at attempts to reach 87 cents in local trade yesterday running into some strong intraday selling around 0.8650 following worse than expected economic data. With Retail Sales dropping 1% in July, Home Loans and Investment lending also falling the AUD traded below 86 cents to finally find support at 0.8565 during European trading. Risk sentiment once again improved in U.S trade following the Federal Reserve Banks Beige Book report taking the Australian dollar back above ...

Aeromexico's plane hijack ends

The hijack to Mexico's Aeromexico flight 576 from Cancun to Mexico City ended after police captured at least six suspects and regained control of the airplane, Mexican media reported Wednesday.

BofA pushes SEC settlement, rejects Cuomo charges

Bank of America Corp and the U.S. Securities and Exchange Commission on Wednesday made a third attempt to persuade a skeptical judge to approve their settlement over Merrill Lynch & Co bonuses. But experts said they may not have done enough.

Herbs for Arthritis Cure, Arthritis Herbal Treatment

Alfalfa as herbs for arthritis contains an amino acid that can cause symptoms that are similar to systemic lupus. Systemic lupus is an autoimmune disease that can also cause joint pain. There have been some scientific

The Process of Cooking Chinese Herbs at Home

Several years ago I cooked raw Chinese herbs at home until I learned enough about Chinese herbs to know better. If you've ever had thoughts of cooking your own herbal remedies here's what you need to consider before cooking herbs.

Wall Street closes up, S&P posts highest '09 finish

U.S. stocks closed higher for a fourth straight day on Wednesday, sending the Standard & Poor's 500 index to its best finish so far this year as industrial and technology companies gained from a weak dollar.

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