IBT Staff Reporter

152791-152820 (out of 154954)

Exhibit Explores New York's Slavery Ties

It was the war between North and South, between slavery and freedom, between New York and ... itself. A new exhibit explores how slavery, while outlawed in New York state in 1827, continued to be an incredibly divisive issue, pitting the economic powerhouse of New York City's connection to the cotton trade against the moral outrage of white and free black New Yorkers disgusted by the institution.

Statoil Expands to Sahara Desert

Norwegian Statoil (STO) opened up its first exploration well on land in the Sahara Desert in Algeria, the company said on Thursday.

Activision Launches Games for New Consoles

Game developer Activision said on Wednesday that it has successfully launched a number of titles across North America for the upcoming, next-generation game consoles to be released this weekend.

AMD Abandons Low-Cost PC Initiative

Semiconductor firm AMD had once hoped to develop low-cost personal computers for the developing world, however a new filing reveals that the company is abandoning its efforts.

Game Console Makers Battle for Holiday Buyers

Sony generated much fanfare last weekend with the debut of its Playstation 3 gaming console in Japan, but rivals Microsoft and Nintendo are preparing their own systems for lucrative holiday buying season.

Microsoft Could Face More EU Fines

Microsoft Corp. could be fined again by the European Commission if it does not meet a November 23 deadline for turning in secret Windows protocols as required by the March 2004 anti-trust decision.

Apple iPod, Airlines Team Up

Apple Computer announced that it is teaming up with select airlines on Tuesday in a move to allow seamless integration between its venerable iPod and in-flight entertainment systems.

Xbox and Wii to Break Playstation Domination: Analyst

Anticipation is growing as Sony and Nintendo prepare for the North American releases of their latest gaming consoles. With Microsoft already set with the Xbox 360, and a strong offering from Nintendo, some experts believe that Sony will lose its tight grip on the worldwide gaming market.

Online Retail Traffic Up as Amazon.com Leads Market

Online retail traffic is up 6.2 percent for the two weeks ending November 11, compared to the same period in 2005, with popular online shopping site Amazon.com attracting the largest number of website hits, according to a new report released on Tuesday.

EU Proposes 25 Pct. Red Tape Cut by 2012

The European Commission proposed on Tuesday to cut the administrative burden for companies by 25 percent by 2012 which will result in an estimated 1.5 percent increase in EU GDP.

Report: China Economy Needs Structural Reforms

China supply levels are in line with demand needs, noted a report released on Tuesday, however policymakers remain concerned over its short term macro imbalance which results from its swelling trade surplus which skyrocketed to$24 billion in October and has urged reforms to be implemented.

66 Million VOD Homes in the US Projected by 2016: Research

In spite of the issues video on demand (VOD) has faced, on-demand services still offer the potential for a major revenue stream for distributors, with an expected reach of 65.9 million homes within the next 10 years, according to one researcher.

AMD Gains in Supercomputing Applications

Semiconductor firm Advanced Micro Devices (AMD) is gaining ground over its cross-town rival, Intel Corp., as the company's processors posted the largest gain in supercomputing applications in the past year.

Perrigo's Pill Recall Dents Earnings Slightly

Perrigo Co.'s (PRGO) announcement last week recalling around 11 million bottles of Acetaminophen 500 mg caplets affected over 130 retailers nationwide, however the generic drug maker won't face a large hit on its earnings for the next quarter.

Playstation 3 Launch Hampered by Shortages

As crowds lined up for the first time in stores across Japan this weekend for the highly anticipated Sony Playstation 3 gaming console, many prospective buyers were sure to be disappointed as company expected to struggle in meeting demand well into next year.

Sakhalin Project on Shaky Ground

Russian officials threatened to sue global petrochemical giant Royal Dutch Shell for billions of dollars on Saturday over allegations of environmental violations at the Sakhalin-2 oil and gas development project.

Intel Boosts Supercomputing Efforts

Intel (INTC) announced new hardware and software products on Thursday, paving the way for system manufacturers and software developers to create higher performing supercomputers without taking up more space.

Yahoo, Linksys Partner for Free Internet-based Phone

Internet communications provider Yahoo Messenger (YHOO), and network equipment maker Linksys, are teaming up to bring lower cost telephony solutions to consumers, announcing a new phone on Thursday capable of making calls over the internet as well as traditional land-lines.

Report: Fuel Exports Up Amid Slower World Trade

Oil exports were among the few bright spots for an otherwise darkening picture for global trade expansion in 2005, according to a new report released on Thursday by the World Trade Organization.

Dell Launches Quad Core Computers

The latest generation of Dell Computer's (DELL) server and workstation lines will feature quad-core processors for the first time, promising higher performance over previous models while using less power.

MySpace is Leading Social-Networking Site for Sept.

One of every 20 US web users in September visited an online social networking site with MySpace.com leading the way. The site received 82 percent of all social networking visitors, according to a new report released on Wednesday.

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