IBT Staff Reporter

130261-130290 (out of 154953)

Ruling delays Allen Stanford's jail exit

Financier Allen Stanford will remain in a Texas jail at least until Monday as a federal judge reconsiders his $500,000 bond at the urging of prosecutors who say the accused swindler is a flight risk, according to a ruling on Friday.

Sanyo to boost hybrid battery capacity sharply

Japan's Sanyo Electric Co Ltd said it plans to boost its capacity to make auto-use nickel-metal hydride batteries by 75 percent to 3.5 million cells a month by March 2010 to meet growing demand.

Farrah Fawcett, 1970s sex symbol, dies aged 62

Actress Farrah Fawcett, the Charlie's Angels television star whose big smile and feathered blond mane made her one of the reigning sex symbols of the 1970s, died on Thursday after a long battle with cancer. She was 62.

U.S. spending and income rise, mood improves

U.S. consumer spending in May rose for the first time since February and savings hit a record high as federal stimulus measures boosted incomes, bolstering the view that the economy was close to emerging from recession.

Golden Kiev - Kiev, Ukraine, Europe

Flying to Kiev from Riga was exceptionally pleasant. Air Baltic offered a free lunch with wine - practically unheard of in Europe these days. (Fares are often dirt-cheap and food is not included).

Ruling delays Stanford exit from jail

Financier Allen Stanford will remain in a Texas jail at least until Monday as a federal judge reconsiders his $500,000 bond at the urging of prosecutors who say the accused swindler is a flight risk, according to a ruling on Friday.

Acer launches new line of chic desktops

Acer on Friday launched new line of desktops – the Aspire M5, M3 and X3 series -- designed to bring enjoyment of H235H premium display, a chic style and industrial blend with improve aesthetic and functionality.

Hartford takes $3.4 billion from TARP

Hartford Financial Services Group Inc said on Friday it has taken $3.4 billion of federal bailout money, the maximum it was authorized to accept, to bolster capital in the wake of large investment losses.

Consumer spending rises, mood improves

U.S. consumer spending in May rose for the first time since February and savings hit a record high as federal stimulus measures boosted incomes, while consumer sentiment edged higher in June, bolstering the view that the economy was close to emerging from recession.

Consumer spending rises; mood improves

U.S. consumer spending in May rose for the first time since February and savings hit a record high as federal stimulus measures boosted incomes, while consumer sentiment edged higher in June, bolstering the view that the economy was close to emerging from recession.

Michael Jackson's missing doctor found: TMZ

Michael Jackson's doctor has been identified as Dr. Conrad Robert Murray and is now preparing to speak with law enforcement officials regarding Michael Jackson's death, according to celebrity site, TMZ.

U.S. housing misery poised to enter new phase

Signs that home prices may have bottomed have stirred hope on Wall Street that the economy is on the mend, yet tight credit and a new foreclosure wave cast doubt on any looming housing revival.

GE opening research center in Michigan

General Electric Co plans to open a research center in the economically ailing U.S. state of Michigan, where it will develop new manufacturing technologies.

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