IBT Staff Reporter

151171-151200 (out of 154954)

New York Times coverage tiptoes around owner - NYT editor

The public editor at the New York Times on Sunday castigated the newspaper for not writing enough about its owner -- the Ochs-Sulzberger family -- and whether it will succumb to the same pressure that forced The Wall Street Journal into the grasp of Rupert Murdoch.

Report says Barclays seeks billions for ABN

Britain's Barclays is in talks with the governments of China and Singapore to raise 10 billion pounds ($20.6 billion) to help fund its planned purchase of Dutch bank ABN AMRO, the BBC reported on Monday.

Agriculture dependent on migrant workers

Driving through the Lower Rio Grande Valley in southern Texas, it is clear that whatever labor is being done on a farm -- be it driving a tractor or weeding a field -- Latinos are doing it.

Harry Potter book flies off shelves

The seventh and final Harry Potter book flew off the shelves on Saturday as fans the world over snapped up copies to discover the fate of the boy wizard and his Hogwarts pals.

Americans see China as a leading innovator

One in four Americans think China will beat the United States in the next decade as the world leader in innovation, according to a survey released on Sunday by Zogby International.

OPEC concerned oil price may hurt global economy

David Schlesinger and Simon Webb OPEC is concerned about the potential impact of the near-record price of oil on the world's economy but has seen little sign that growth has been hit by higher energy costs, the group's president said on Sunday.

Chili, meat recall expanded amid botulism scare

Castleberry's Food Co. said late on Saturday it voluntarily expanded a recall of hot dog chili sauce and canned meat products originally announced on July 18 due to a risk of botulinum toxin, a bacterium that can cause botulism.

Moneysupermarket settles with rival in data row

Finance and travel price comparison Web site Moneysupermarket.com has paid a competitor almost 4 million pounds to settle a dispute over intellectual property, sources familiar with the situation told Reuters.

ABN CEO says merger with Barclays is better: report

Barclays would make a better merger candidate with ABN AMRO than a bid by a group led by Royal Bank of Scotland aimed at breaking up the Dutch bank, a Dutch newspaper quoted ABN's chief executive as saying on Saturday.

Google to bid for U.S. airwaves if condition added

Google Inc said on Friday it would take part in a major auction of wireless spectrum airwaves, meeting a minimum required bid of $4.6 billion, if U.S. regulators added a sale condition that Google said would promote an open wireless market.

CAT execs say internal issues key in earnings miss

Executives at Caterpillar Inc., the U.S. heavy equipment maker whose disappointing earnings dragged Wall Street into the red on Friday, said internal company factors -- as much as broader economic headwinds -- were to blame for the company's bad quarter.

Redstones take family squabble public

The Redstones, the family that controls Viacom Inc. and CBS Corp., have taken their private squabble public in a battle that throws into question succession plans for the global media company.

Wall St Week Ahead: Stock bull riders eye home sales, earnings

Home sales and a report on economic growth may help investors decide if they want to keep riding a bull market in stocks, while a torrent of quarterly earnings reports will no doubt cause some anxious moments. A sharp drop in shares of equipment-maker Caterpillar Inc. on Friday showed just how badly a stock can be hurt when there is an earnings shortfall.

US court dismisses Qualcomm appeal for now

A U.S. appeals court on Friday said Qualcomm Inc. was premature in appealing an order by a federal trade agency that banned imports of some cellular telephones containing Qualcomm chips.

Dollar declines with stocks as subprime woes linger

The dollar fell to a record low against the euro on Friday and was on track for its sixth straight weekly decline, weighed down by fears that losses in risky mortgage debt would hurt consumers and slow U.S. growth.

Sandisk up on higher outlook

SanDisk Corp. (Nasdaq: SNDK) reported a lower quarterly profit late Thursday, but a higher gross margin projection sent the stock up nearly 4 percent in Friday trading.

Apple up on Piper Jaffray upgrade

Shares of Apple Inc. rose on Friday after Piper Jaffray analyst Gene Munster raised his price target on the company to $205 per share from $160.

AMD regains chip sales market share; Intel dips slightly

After six months of microprocessor revenue market-share losses, Advanced Micro Devices Inc. (NYSE: AMD) managed to stabilize its share in this year’s second quarter, while Intel Corp. dipped slightly, according to preliminary results from researcher iSuppli.

Simpsons movie spotlights an enduring icon

In the Vermont town of Springfield nestled in a mountain valley, a banner decorated with images of pink doughnuts is festooned across Main Street, welcoming visitors to the 'Home of the Simpsons.'

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