IBT Staff Reporter

Climate change has already caused visible impacts in the United States and poses particular risks to the U.S. agriculture and energy industries, a new government report said on Tuesday.

Jun 17, 2009

Swedish carmaker Saab secured a key court ruling on Wednesday to cut billions of crowns in debt, paving the way for its proposed takeover by local sportscar maker Koenigsegg.

Jun 17, 2009

U.S. wireless carriers Verizon Communications and AT&T took issue with assertions that they colluded in setting prices for text messages, saying on Tuesday that prices for most customers had fallen and the market was competitive.

Jun 17, 2009

Real estate tycoon Donald Trump has made a bid to buy New Jersey casino operator Trump Entertainment Resorts Inc, which in February logged its third bankruptcy filing, the Wall Street Journal reported on Tuesday.

Jun 17, 2009

An Iranian provincial prosecutor has warned that the few elements behind post-election unrest could face the death penalty under Islamic law, an Iranian news agency reported Wednesday.

Jun 17, 2009

NASA canceled the launch of space shuttle Endeavour on Wednesday for the second time after a potentially dangerous hydrogen gas leak surfaced while the ship was being fueled for flight.

Jun 17, 2009

Supporters of Iran's defeated presidential candidate Mirhossein Mousavi aim to keep pressure up with new protests on Wednesday over a disputed poll which has led to the biggest upheaval since the 1979 Islamic revolution.

Jun 17, 2009

Swedish carmaker Saab Automobile secured a key court ruling on Wednesday allowing it to cut billions of crowns of debt and paving the way for a takeover of the General Motors unit by local sportscar maker Koenigsegg.

Jun 17, 2009

Boeing Co will discuss added costs for its B787 airliner with supplier partners after the plane's first flight, Boeing Chief Executive Jim McNerney said in an interview published on Wednesday.

Jun 17, 2009

Ferdinand Piech, a co-owner of Porsche , is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported.

Jun 17, 2009

Twitter, the social networking site favored by some celebrities, has gone high-brow with a performance from James Joyce's 1922 novel Ulysses.

Jun 17, 2009

Asian stocks outside Japan fell for a fourth day on Wednesday, weighed by resource-related shares and doubts about a global economic recovery, while U.S. Treasuries eased on profit taking after a surge overnight.

Jun 17, 2009

The Obama administration on Tuesday said it will back repealing a hard-to-enforce tax on personal use of work cellphones, appeasing the business community, phone makers and users.

Jun 17, 2009

Morgan Stanley is planning more changes in its prime-brokerage division to get back some of its hedge-fund clients that left the company last year, the Wall Street Journal said.

Jun 17, 2009

Most stocks in Asia edged lower on Wednesday, weighed down by resource-related shares and doubts about a global economic recovery, while oil slipped below $70 a barrel ahead of U.S. inventory data that could reflect slowing energy demand.

Jun 17, 2009

President Barack Obama will unveil on Wednesday his plans for reshaping U.S. financial regulation, with proposals to close one bank regulator and create new overseers for big-picture economic risk and consumer financial product safety.

Jun 17, 2009

The Obama administration plans to streamline U.S. bank oversight and put the Federal Reserve in charge of monitoring big-picture economic risks in a sweeping regulatory overhaul to be formally unveiled on Wednesday, a senior administration official said.

Jun 16, 2009

Most stocks in Asia edged lower on Wednesday, weighed down by resource-related shares and doubts about a global economic recovery, while oil slipped below $70 a barrel ahead of U.S. inventory data that could reflect slowing energy demand.

Jun 16, 2009

For more than six months after Sun Microsystems warned the world of flaws in its Java virtual machine, Apple finally released security updates for Mac OS X and Mac OS X Server 10.4.11 and 10.5.7.

Jun 16, 2009

Palestinians in the Gaza Strip are being treated more like animals than human beings, former U.S. president Jimmy Carter said on Tuesday.

Jun 16, 2009

The House of Representatives on Tuesday narrowly backed a $106 billion bill to pay for the U.S. wars in Iraq and Afghanistan and extend billions in new credit to the International Monetary Fund.

Jun 16, 2009

Maurice Hank Greenberg, former chief executive of insurer AIG, testified before a federal jury on Tuesday that he did not have a fiduciary duty to fund an AIG compensation plan.

Jun 16, 2009

Republican Senenator for Neveda, John Ensign, admitted to having an extramarital affair with member of his campaign staff.

Jun 16, 2009

Beverage maker Red Bull, is once again sponsoring its own hip-hop music competition, holding its third annual national search for a music producer who will win a chance to work an established artist.

Jun 16, 2009

Republican U.S. senator John Ensign from Nevada admitted on Tuesday he had an extramarital affair with a campaign staffer last year.

Jun 16, 2009

Several years ago, malt beer distributors in Pennsylvania were on the offensive, considering ways to allow the state to let them sell smaller quantities the alcohol, instead of the full case they’re limited to.

Jun 16, 2009

Lincoln Financial Group on Tuesday announced that it has priced a public offering of common stock in a bid to raise $600 million in capital.

Jun 16, 2009

After receiving a letter from group of privacy and security experts, Google is planning to turn on HTTPS as the default for all Gmail users all the time.

Jun 16, 2009

Hong Kong's economy recession worsened from the previous quarter with continuous drop of GDP & GNP, marking a fourth straight quarter it felt the impact of the global economic downturn.

Jun 16, 2009