More From IBT Staff Reporter
Soros says worst of global crisis is behind us
The worst of the global economic crisis is over, multi-billionaire financier George Soros told Polish news channel TVN24 on Sunday urging the creation of international regulations to oversee global markets.
Jun 21, 2009
What might happen next in Iran?
Iran's presidential election, in which hardline Mahmoud Ahmadinejad was adjudged the winner over his moderate rival, Mirhossein Mousavi, has led to the broadest internal unrest since the 1979 Islamic revolution.
Jun 21, 2009
Iran expels BBC correspondent: official
Iran has decided to expel the BBC's correspondent in Tehran over the broadcaster's coverage of this month's election, an Iranian official said on Sunday, and a semi-official news agency said Jon Leyne had 24 hours to leave.
Jun 21, 2009
Iran tensions add to global risk: ECB's Trichet
Tensions in Iran have added to risks facing the world economy and underline the need for strengthening the global financial system, European Central Bank President Jean-Claude Trichet said on Sunday.
Jun 21, 2009
Iran blames terrorists for clashes
Iranian authorities on Sunday blamed terrorists for clashes in which at least 10 people were killed and President Mahmoud Ahmadinejad told the West to stay out of unrest sparked by his disputed re-election.
Jun 21, 2009
ECB's Trichet says no room for more debt
There is no room for governments that have borrowed billions to fight the economic crisis to accumulate more debt, European Central Bank President Jean-Claude Trichet said on Sunday.
Jun 21, 2009
Variable iTunes pricing a moneymaker for artists
In April, soon after Apple gave labels the ability to set different prices for their songs on iTunes, every track on Pink Floyd's Dark Side of the Moon was raised to $1.29.
Jun 21, 2009
Singapore says would act if North Korea ship has WMD
Singapore will take action against a North Korean ship that the United States is monitoring, if the vessel heads to its port with a cargo of weapons, the government said on Saturday.
Jun 20, 2009
Mousavi calls for purge of lies
Opposition leader Mirhossein Mousavi said the Islamic Republic must be purged of what he called lies and dishonesty, sending out a direct challenge to conservative rulers after a day of unrest across Tehran.
Jun 20, 2009
Stanford indicted in massive U.S. fraud case
Texas billionaire Allen Stanford, three associates and a top Caribbean regulator were indicted on fraud, conspiracy and obstruction charges in an elaborate $7 billion pyramid scheme to bilk investors, U.S. Justice Department officials said on Friday.
Jun 20, 2009
U.S. on Iran: Gov't must stop violence against protesters
U.S. President Barack Obama called the Iranian government on Saturday to stop all violent and unjust actions against its own people, according to a post on the White House's website.
Jun 20, 2009
Scientists detect mutated Swine Flu
Scientists in Brazil has identified the first genetic variant of the novel influenza A (H1N1) from a patient who was hospitalized in Sao Paulo in, according to Medical News Today’s report on June 17.
Jun 20, 2009
Jon Gosselin sought one bedroom apt. in Manhattan: report
TV star Jon Gosselin from TLC's Jon & Kate Plus 8 had reportedly been looking for an apartment in New York City on Friday, adding to speculation that he and wife and co-star Kate will divorce.
Jun 20, 2009
Schwarzenegger’s ‘Ok’ after jet makes emergency landing
As if California’s budget and drought problems weren’t enough to deal with this week, Gov. Arnold Schwarzenegger’s jet had to make an emergency landing on Friday.
Jun 20, 2009
Nissan to produce electric vehicles and its batteries in the U.S. : report
Nissan Motor Co. plans to invest up to $1 billion to produce electric vehicles in a plant in Smyrna, Tennessee to tap U.S. government funds for green vehicles, the Nikkei business daily reported on Friday.
Jun 20, 2009
Joe Jonas confirms brother Nick and Miley Cyrus are back together
'I don't think anybody is as famous as Miley Cyrus,' Joe tells Larry King after the talk-show host asked if his girlfriend were as high-profile as Nick's.
Jun 20, 2009
Hollywood studio Paramount axes top executives
Hollywood studio Paramount Pictures, which suffered the first big bomb of the summer last weekend with an Eddie Murphy comedy, has fired its top production executive after barely 18 months in the job.
Jun 20, 2009
Rockford train derailment, ethanol explosion kills 1; still burning the day after
Train cars containing thousands of gallons of ethanol exploded on Friday night in Rockford, Illinois killing one person and injuring nine other.
Jun 20, 2009
Citi’s top Asia exec Banga joins Mastercard as COO
Citigroup’s top Asia executive, Ajay Banga, is joining credit card network MasterCard, becoming the firm’s President and Chief Operating Officer.
Jun 20, 2009
Kevin O'Neill hired by USC as new basketball coach
Kevin O’Neill, the former Arizona interim coach replaces Tim Floyd as the USC's basketball coach, the school announced today on its website.
Jun 20, 2009
Jobless pain continues in most states in May
Signs unemployment pains may be easing in individual U.S. states in April disappeared by May, when jobless rates jumped in 48 states and the District of Columbia, according to data released on Friday.
Jun 20, 2009
Hummer and China’s Tengzhong a good fit: GM
Negotiations are under way between General Motors (GM) and Sichuan Tengzhong Heavy Industrial Machinery over the proposed purchase of Hummer, and the deal is a perfect fit according to GM’s CEO Jim Taylor.
Jun 20, 2009
Ryan Seacrest pitches reality show to Lindsay Lohan
Actress Lindsay Lohan, who has been in the spotlight in recent years for personal troubles, may soon get a chance to bring that experience to a reality show.
Jun 20, 2009
Federal jury says music downloader owes $1.92 Mln
The Recording Industry Association of America (RIAA) could soon be $1.92 million richer after a federal jury Thursday ruled a Minnesota mother of four who downloaded 24 songs violated music copyrights.
Jun 20, 2009
Apple CEO received liver transplant: report
Apple Inc Chief Executive Steve Jobs underwent a liver transplant operation about two months ago and is expected to return to work by the end of June, The Wall Street Journal reported on Saturday.
Jun 20, 2009
NY Times reporter escapes Taliban after 7 month media blackout
New York Times reporter David Rohde escaped from the Taliban Friday night, the paper reported, after seven months of captivity where the U.S. government and media outlets voluntarily decided not to report on the matter.
Jun 20, 2009
Jib Jab parodies Barack Obama in new video
JibJab, an e-card site, entertained President Barack Obama on Friday night at the Television Correspondents' Association dinner by showing a spoof video of the President.
Jun 20, 2009
Singapore Airlines CEO takes 20 pct pay cut
The CEO of Singapore Airlines, the world's biggest by market value, will take a 20 percent pay cut as the carrier looks to cut costs after seeing profits battered by weak travel demand and volatile oil prices.
Jun 20, 2009
Qatar may take bigger than expected Porsche stake-report
The Qatar Investment Authority could acquire more shares in ailing German sports car maker Porsche SE than previously thought, German magazine Focus said.
Jun 20, 2009
Steve Jobs had liver transplant in Tennessee: Report
Steve Jobs, who has been on medical leave from Apple for the past six months, received a liver transplant in Tennessee two months ago but will still return to work at the end of June, according to a report Friday in the Wall Street Journal.
Jun 20, 2009
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