IBT Staff Reporter

The U.S. climate bill would not do enough to protect consumers from future energy costs and gives away too many permits to power and natural gas distribution companies to pollute with carbon dioxide, environmental groups said.

Jun 18, 2009

French emissions exchange BlueNext has taken its first step toward a carbon trading platform in China with a deal to offer its clients a database of Chinese carbon-cutting projects, its chairman said on Thursday.

Jun 18, 2009

LG Electronics will start selling this month flatscreen monitors that can function as virtual computers, saving costs by allowing multiple users to run programs off a single standard PC.

Jun 18, 2009

Former Wimbledon champion Maria Sharapova presented a prototype dress to reporters that is designed to light up when the wearer's mobile telephone rings.

Jun 18, 2009

Bank of America Corp has been paying millions in bonuses in order to lure talent and retain investment bankers the company views as vital, the New York Post reported, citing sources.

Jun 18, 2009

Southern California Edison, a utility arm of Edison International, said on Wednesday it had signed contracts to buy up to 960 megawatts of power from solar thermal and wind power suppliers.

Jun 18, 2009

Stock index futures were little changed on Thursday ahead of figures for weekly jobless claims and other indicators that investors hoped would show the recovery was gaining traction.

Jun 18, 2009

Woo hoo! You have reached your destination! Homer Simpson, star character of U.S. cartoon show The Simpsons, is ready to take you where you want to go.

Jun 18, 2009

Shire Plc and Johnson & Johnson won the backing of Europe's highest court on Thursday in their battle for data exclusivity against a generic rival for Alzheimer's drug Reminyl, the court said.

Jun 18, 2009

French group Areva will sign on Thursday an agreement to start exclusive talks with U.S. power group Duke Energy to build a new generation nuclear reactor in Ohio, said a source close to the situation.

Jun 18, 2009

Bailed out U.S. insurer American International Group has chosen Deutsche Bank and Morgan Stanley as its joint global coordinators for a more than $4 billion IPO of its Asian life insurance unit, sources said on Thursday.

Jun 18, 2009

Dow Jones futures rose 0.1 percent and S&P 500 futures also rose 0.1 percent while Nasdaq futures fell 0.2 percent by 0913 GMT, suggesting a mixed start for U.S. stock markets on Thursday.

Jun 18, 2009

Massive policy stimulus should keep China growing at a respectable rate this year and next, but a robust recovery is unlikely given global weakness and soft non-government investment, the World Bank said on Thursday.

Jun 18, 2009

Oil rose further over $71 a barrel on Thursday, buoyed by weakness in the dollar and bullish data on Chinese and U.S. crude inventories.

Jun 18, 2009

Bankrupt U.S. auto parts maker Delphi Corp's debtor-in-possession lenders are mulling an offer for the company, the New York Post said, citing a person familiar with the matter.

Jun 18, 2009

Bank of America Corp has been paying millions in bonuses in order to lure talent and retain investment bankers the company views as vital, the New York Post reported, citing sources.

Jun 18, 2009

NYSE Euronext said it had signed a deal with Depository Trust & Clearing Corp to form a joint venture for clearing U.S. fixed income derivatives.

Jun 18, 2009

Massive policy stimulus should keep China growing at a respectable rate this year and next, but a robust recovery is unlikely given global weakness and soft non-government investment, the World Bank said on Thursday.

Jun 18, 2009

NYSE Euronext , the world's top exchange operator by the size of its listings, is planning to establish a clearinghouse for fixed-income investments, the Wall Street Journal said.

Jun 18, 2009

Oil rose toward $72 a barrel on Thursday as the dollar weakened, and bullish data on China and U.S. crude inventories helped lift sentiment.

Jun 18, 2009

NYSE Euronext , the world's top exchange operator by the size of its listings, is planning to establish a clearinghouse for fixed-income investments, the Wall Street Journal said.

Jun 18, 2009

Asian stocks retreated on Thursday, with some investors booking profits after solid gains in the second quarter sparked by signs the global economy is starting to recover.

Jun 18, 2009

China could still increase its holdings of U.S. Treasuries if the dollar is stable, even though the long-term trajectory is to diversify its foreign exchange reserves, a former central bank governor said in an essay.

Jun 18, 2009

Oil paused at $71 a barrel on Thursday, as traders weighed a steady dollar against bullish data on China and U.S. crude inventories.

Jun 18, 2009

Oil paused above $71 a barrel on Thursday, as traders weighed a steady dollar against bullish data on Chinese fuel exports and U.S. crude inventories.

Jun 17, 2009

Microsoft Corp's Bing search engine won more market share from rivals last week, according to new industry data released on Wednesday, but still trails Google Inc and Yahoo Inc.

Jun 17, 2009

Cartoon Network launches the first part of its new CN Real block of reality programming tonight with the premiere of this spooky new series in which five teens armed with high-tech gear investigate creepy locations that are rumored to be haunted.

Jun 17, 2009

Intel Corporation on Wednesday reveals the forthcoming brand structure for the future microprocessors and technologies that lead to set aside the Centrino brand which was introduced in 2003.

Jun 17, 2009

European TV Market Heats up despite Economic Crisis With the European Union’s economy showing signs of recovery, television sales in the region are expected to rise in 2009 as consumers continue to snap up LCD-TVs, according to iSuppli Corp.

Jun 17, 2009