IBT Staff Reporter

The following are the prepared remarks from a speech US Treasury Secretary Timothy Geithner delivered on financial stability, as released by the Treasury.

The European Union is clamping down on cyber bullying by signing a pact with 17 social networking providers including Facebook, MySpace and Google in a move to safeguard children online.

The Obama administration, through the Treasury Department, unveiled a renamed three part Financial Stability Plan to allow currently immobilized parts of the U.S financial industry to allow the flow of money to begin with support from the Federal government.

UBS AG, Switzerland's largest bank, announced on Tuesday the highest annual loss in Swiss corporate history and plans to cut a further 2,000 investment banking jobs.

Intel Corp., the world's largest chip maker, plans to spend $7 billion upgrading its U.S. factories over the next two years in spite of tough economic conditions, the company said Tuesday.

General Motors said on Tuesday that it will cut its global work force by nearly 10,000, or 14 percent, this year and impose pay cuts on most of the remaining jobs

President Barack Obama urged Monday for more investment in new energy technologies such as solar, wind or hydrothermal, saying that is the way the United States can win the economic competition of the future.

The U.S. government's efforts to combat a declining economy and a financial industry burdened with heavy debts is reaching its climax this week as President Obama Barack Obama and Congress will put into motion plans to create or maintain jobs, provide tax cuts to consumers and businesses while making an attempt to free up the credit markets.

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IBM unveiled Tuesday its cloud computing technology, which stores information and runs applications in shared computing facilities to users over the Internet, and announced the new head of the cloud computing division.

From candlelit restaurants to cozy ski lodges, here’s where singles should not be on the most romantic day of the year. Restaurants aren’t the only...

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On Monday a 38-year-old woman who ignited a fierce right-to-die debate that convulsed Italy and dragged in the Vatican died after spending 17 years in a vegetative state.

On Monday a suicide car bomber struck a U.S. patrol in northern Iraq killing four American soldiers and an Iraqi interpreter.

Across General Motors Corp. and Chrysler LLC there are fears of more plant closures and job cuts as the companies approach the February 17 deadline to show government they have viability capabilities.

A Moscow-based security company admitted today to an almost 11 day exposure of a database containing customer information.

Led Zeppelin legend Robert Plant and bluegrass singer Alison Krauss are the big winners at 51st Grammy awards, grabbing five prizes for their hit album collaboration Raising Sand, including album of the year.

The Cardinals have just freed Adam Kennedy.

Red Bull unveil Racing's car for the 2009 Formula one season Monday at the Jerez circuit in southern Spain, according to reports.

Alleged fraudster Bernard Madoff and Securities and Exchange Commission reached a partial judgment on Monday for Madoff without admitting or denying fraud charges to pay a civil fine and return investor's money.

Ford Motor Co. announced Monday plans to introduce its first all-electric vehicle in 2010, a van based on its Transit Connect commercial vehicle platform engineered in Europe.

On Monday, February 9, the Project 30 Task Force issued a final report to analyze the USA Team performance in Beijing five months ago.

Chris Brown, 19, who was being held on a $50,000 bail under a felony charge, spoke about his family's history with alleged abuse, in a 2007 interview with GIANT magazine, according to NBC reports.

Treasury Secretary Timothy Geithner may introduce private funding as one component of his bank bailout plan to help institutions deal with the bad debt weighing on their balance sheets.

Treasury Secretary Timothy Geithner may introduce private funding as one component of his bank bailout plan to help institutions deal with the bad debt weighing on their balance sheets.

Tiger Woods and his wife Elin have announced today the birth of their baby a younger brother to daughter Sam Alexis, who was born in June 2007.

Egyptian archaeologists have found about 30 mummies and at least one unopened sarcophagus in a burial chamber believed to be about 4,300 years old, in the latest excavations at the vast necropolis of Saqqara south of Cairo, The associated press quoted, Monday.