IBT Staff Reporter

137401-137430 (out of 154954)

Media General posts loss; ad sales fall

Media General Inc reported a wider net loss on Friday and an 18 percent drop in revenue because of falling newspaper advertising sales, sending its shares down 10 percent.

Companies not cutting green IT spending: survey

Most businesses are keeping up efforts to improve the energy efficiency of their information technology, despite having less available capital due to the slowdown, a survey by research group Gartner Inc. shows.

Pirate Bay's fileshare four get year's jail

Four men behind The Pirate Bay, one of the world's biggest free file-sharing websites, were each sentenced to a year in jail on Friday for breaching copyright, and ordered to pay $3.6 million in compensation.

Wall Street falls on outlook angst and Citigroup

Stocks fell on Friday as investors paused to reassess the sustainability of the recent spate of upbeat profits and whether or not the banks have turned a corner, following mixed results from Citigroup .

Growing wind, solar power challenge U.S. grid: study

The push to add more renewable wind and solar megawatts to the U.S. electric mix will force changes in the way the power grid operates to keep electricity flowing reliably, said an industry watchdog on Thursday.

U.S. consumer sentiment highest since September

U.S. consumers have more confidence in the U.S. economy than they have had since the sudden collapse of Lehman Brothers in September, which caused the near-implosion of the global banking system, a survey showed on Friday.

Cuba, U.S. signal thaw as Americas leaders meet

Leaders from across the Americas gathered for a summit on Friday after the United States and Cuba said they were ready to talk to try to end a conflict that has marked the hemisphere for half a century.

GE profit tops forecast

General Electric Co reported a better-than-expected quarterly profit as strength at its energy equipment business offset falling earnings at its hefty finance arm and the NBC Universal media unit.

Regional powers aim to rein in North Korea

Russia's foreign minister will visit North Korea next week, a source said on Friday, as regional powers try to prevent the state from restarting its nuclear arms plant and defuse tensions that have rattled regional security.

Volkswagen may oust Toyota as world leader

Volkswagen AG may have overtaken Toyota Motor Co to become the world's top-selling carmaker in the first quarter, thanks to government incentives that fueled demand in VW's major markets.

Thai yellow shirt leader Sondhi survives shooting

The founder of Thailand's yellow shirt protest movement, which was behind the week-long occupation of Bangkok's main airports last year, was shot and wounded on Friday, but a doctor said his life was not in danger.

Dozens feared killed in Afghanistan quake

Villagers in eastern Afghanistan wailed in grief and scrambled through rubble on Friday to recover the bodies of dozens of people feared killed by a 5.5 magnitude earthquake.

U.S. consumer sentiment rebounds in April

U.S. consumer confidence rebounded in April to the highest levels since September before investors panicked about the collapse of Lehman Brothers and the global banking system's near implosion, a survey showed on Friday.

Citigroup posts smaller loss; shares surge

Citigroup Inc said cost-cutting and improved results from investment banking and trading led to a substantially smaller first-quarter loss, despite a big increase in credit costs from consumer banking and credit cards.

U.S. says ready to talk to Cuba

The United States is ready to talk to Cuba, Secretary of State Hillary Clinton said on Thursday as Caribbean leaders piled pressure on Washington to end its sanctions against the island.

Obama to extend hand to Latin America at summit

U.S. President Barack Obama meets his counterparts in Latin America and the Caribbean on Friday, offering practical cooperation over the ideological differences that have strained U.S. ties with the region.

Pirate Bay fileshare four jailed for a year

Four men linked to The Pirate Bay, one of the world's biggest free file-sharing websites, were each jailed for a year on Friday for breaching copyright and ordered to pay 30 million Swedish crowns ($3.58 million) in compensation.

U.S. and Fiat to name Chrysler board on alliance

The U.S. government and Italian carmaker Fiat SpA will appoint a board of directors for embattled automaker Chrysler following the completion of a proposed alliance between the companies, Chrysler Chief Executive Bob Nardelli said on Thursday.

VW sales may overtake Toyota as world leader

Volkswagen's global vehicle sales fell by 11.4 percent in the first quarter but its market share gains may have let it overtake Japan's Toyota Motor as the world's top-selling automaker.

McDonald's CEO: Tough economy, but some thawing

McDonald's Corp has added millions of diners at its restaurants over the past few years, and an improving financial climate should help out consumers, Chief Executive Jim Skinner said on CNBC on Friday.

Wall Street loses 3,100 jobs in March

Wall Street shed 3,100 workers in March, shrinking New York City's most important generator of jobs to just 169,200 people, the state's Department of Labor reported on Thursday.

S&P 500, Dow futures point higher after Citigroup, GE

S&P 500 and Dow stock index futures pointed to a higher open as Citigroup and General Electric posted better-than-expected quarterly results, providing further evidence that the severe U.S. economic downturn could be abating.

Pirate Bay fileshare four guilty

A Swedish court handed down a guilty verdict and a year in prison on Friday to all four defendants in a copyright test case involving The Pirate Bay, one of the world's biggest free file-sharing websites.

Pirate Bay fileshare four guilty, get year in jail

A Swedish court handed down a guilty verdict and a year in prison on Friday to all four defendants in a copyright test case involving The Pirate Bay, one of the world's biggest free file-sharing websites.

Pages