More From IBT Staff Reporter
Text of Barack Obama's economic speech
Text of President-elect Barack Obama's speech on the economy on Thursday at George Mason University in Fairfax, Va., as found on Barak Obama's presidential transition website.
Jan 08, 2009
NAACP Image Awards nods led by Beyonce, Hudson and Keys
NACCP Image Awards, created by the oldest US civil rights organization, named singers Beyonce, Alicia Keys and Jennifer Hudson, along with cast of TV comedy Tyler Perry's House of Payne as some of the top nominees on Wednesday.
Jan 08, 2009
NBC announces new cast for 'Celebrity Apprentice'
NBC on Thursday announced the 16-member cast of Celebrity Apprentice.”
Jan 08, 2009
Ronaldo miraculously escapes a horror smash
Manchester United’s Cristiano Ronaldo escapes injury in horror smash Thursday despite writing off his Ferrari in a horrible car crash near Manchester airport.
Jan 08, 2009
French motorcyclist Pascal Terry dies in Dakar race
Early Wednesday, French motorcyclist Pascal Terry was found dead in in the Dakar Rally in Argentina in an area of dense vegetation, about 50 feet from his motorcycle, with food and water beside him without his helmet.
Jan 08, 2009
MGA can make Bratz dolls in 2009, judge rules
MGA Entertainment Inc.'s can continue to make and sell its Bratz dolls through 2009, a federal judge ruled Wednesday.
Jan 08, 2009
Market shocked by Satyam fraud admission
Mumbai - The market reacted with shock, Wednesday, after the promoters of beleaguered technology outsourcer Satyam Computer Services admitted to cooking up its books to the tune of $ 1 billion.
Jan 08, 2009
Ukraine conditions set
Ukraine has set its conditions with natural gas chief saying if Russia will provide more extra Gas to Ukraine it will allow Russia to send the fuel back into the freezing European Union.
Jan 08, 2009
Last Woolworths Stores Turn Out Lights in Britain
Bankrupt department store chain Woolworths, a stalwart of British retailing for 100 years, turned out the lights at the final 200 of its 807 shops on Tuesday.
Jan 08, 2009
Wal-Mart predicts lower profit due to economic crisis
Wal-Mart Inc., the world's top retail chain, said on Thursday its fourth-quarter profit will miss earlier forecasts due to slower sales, the impact of a strong dollar on its international business and litigation costs.
Jan 08, 2009
Stars light up D.C. ahead of Obama inauguration
The stars, including Jay Z, Bruce Springsteen and Jessica Alba will be out in shows around Washington D.C. in the days leading up to the inauguration of Barack Obama as U.S. President.
Jan 08, 2009
Vizio HDTVs Get Netflix
Netflix Inc the world's largest online movie rental service announced today a deal with Vizio will allow viewers to watch high definition television's through Vizio's new Connected HDTV Platform.
Jan 08, 2009
Verizon Picks Microsoft for Mobile Internet Search
Verizon Communications Inc. selected Microsoft Corp. as its partner to provide Internet services to customers concluding months of speculation.
Jan 08, 2009
'Dark Knight' wins five People's Choice Awards
'Dark Knight' walks away with five People's Choice Awards on Wednesday.
Jan 08, 2009
Sony goes thin with new 8-inch notebook
Sony unveiled the VAIO P Series Lifestyle PC, boasting that it is the world's lightest notebook with an 8-inch screen and weighing just 1.4 pounds at the Consumer Electronics Show in Las Vegas Wednesday.
Jan 08, 2009
Retailers announce dismal December sales
Major retailers reported dismal monthly sales for December on Thursday, with Wal-Mart Inc, the nation's biggest retailer, showing a disappointing 1.7 percent rise in December sales at its US stores open at least a year and cut its quarterly earnings outlook.
Jan 08, 2009
Investors sue Satyam on colossal fraud, CEO missing
Investors filed lawsuits against Indian Satyam Computer Services on Thursday one day after the company's CEO resigned and confessed to manipulating the company's accounts to show enormously inflated profits and false assets.
Jan 08, 2009
Lebanon militants attack Israel amid intense Gaza campaign
Lebanese militants fired at least three rockets into Israel early Thursday as the Israeli air force intensified its operations in the Gaza Strip. The rockets exploded near the city of Nahariya wounding two people, Israeli police and emergency medical services said.
Jan 08, 2009
Bank of England cuts interest rates to lowest ever
The Bank of England cut interest rates by half a percentage point to 1.5 percent on Thursday - its lowest rate since the bank was created in 1694 - as it aims to stave it off a deeper economic slump.
Jan 08, 2009
Obama: Dramatic action is needed for economy
President-elect Barack Obama is warning that without bold action the nation's recession could linger for years as seeks support among lawmakers and the general public for a massive fiscal stimulus package.
Jan 08, 2009
Microsoft Windows 7 Set for Launch
Microsoft Corp., CEO Steve Ballmer announced Wednesday evening the company will release a test version of Windows 7 on Friday to consumers, a product which he called the best version of Windows ever at the 2009 International Consumer Electronic Show in Las Vegas.
Jan 08, 2009
Russia-Ukraine Deadlocked in Gas Supply Talks
Russian and Ukrainian state gas companies failed to reach an agreement on gas prices during negotiations as of early Thursday to resume shipment in supplies into Europe after a two day standoff.
Jan 08, 2009
Gaza fighting escalates despite cease fire proposal
On Wednesday Israel resumed its attacks on Gaza bombing heavily around suspected smuggling tunnels near the border with Egypt after a three-hour stop to allow in humanitarian aid.
Jan 07, 2009
Welcome New Cleveland Browns Coah Eric Mangini
Former New York Jets coach Eric Mangini has signed a four-year deal to become head coach of the Cleveland Browns, SportingNews.com has confirmed.
Jan 07, 2009
Boston College fires head football coach
The game is over for Jeff Jagodzinski, its not time to say good-bye.
Jan 07, 2009
Foreign journalists in Zimbabwe must pay $30,000 licensing fee
On Wednesday the Zimbabwe government announced restrictive new licensing fees of up to US$30 000 on journalists working for foreign media in Zimbabwe.
Jan 07, 2009
6 Year Old Boy Drives to School Courtesy Of GTA Skills
A six-year-old boy drives to school courtesy of GTA Skills, after he missed his bus and was keen on getting to school
Jan 07, 2009
U.S. stocks fall as unemployment worsens, Intel, Alcoa take crisis measures
U.S. stocks fell the most in one month on Wednesday after a private jobs report showed U.S. employers slashed more jobs than forecasted in December, Intel Corp. lowered its outlook forecast and Alcoa Inc. said it plans to cut 13 percent of its workforce.
Jan 07, 2009
Skier is left hanging half undressed
A 48-year-old skier was left hanging upside down, half naked on a chair lift at the Blue Sky Basin at the Vail Ski Resort in Vail, Colorado, on Tuesday.
Jan 07, 2009
Oakland A's Jason Giambi is welcomed back
Jason Giambi returns to Oakland Athletics his professional baseball root, signing a one-year deal with the club where he won the Most Valuable Player award (1995-2001). Terms of the agreement include a one-year contract for the 2009 season, plus a club option for 2010. To clear a spot on the 40-man roster, the A's designated infielder Joe Dillon for assignment.
Jan 07, 2009
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