Global Markets

JPMorgan

JPMorgan's 'London Whale' To Be Gone By Year-End: Report

Bruno Iksil, the trader behind the $2-billion-and-counting loss at New York-based banking giant JPMorgan Chase and Co. (NYSE: JPM) that has been the talk of New York and Washington for the past few days, will be leaving the bank within the year, the New York Times' Dealbook blog reported Wednesday.

Thursday, May 17, 2012 by Eleazar David Meléndez

US Federal Reserve

Fed Minutes Suggest Further Easing More Likely

Federal Reserve policymakers seemed more likely Wednesday to recommend further monetary easing than just a month ago, as minutes of a Fed rate-setting panel detailed shaky faith in recent indicators of economic recovery.

Thursday, May 17, 2012 by Eleazar David Meléndez

Greece

Greece Concerns Counteract Good News In US: Daily Markets Wrap

Greece continued to weigh heavily on confidence Wednesday as bank customers there began sending cash out of the country or hiding it under their beds -- this despite hints from German Chancellor Angela Merkel that a "stimulus" would be forthcoming if the country stuck to its austerity commitments.

Thursday, May 17, 2012

Euro

Global Losses From Greek Euro Zone Exit Could Reach €1 Trillion

The financial markets appear to have already priced in Greece’s departure from the euro bloc.

Thursday, May 17, 2012 by Palash R. Ghosh

Facebook

Facebook IPO: Why Did Underwriters Boost Its Value?

A day before Facebook (Nasdaq: FB), the No. 1 social network holds its initial public offering, its 33 underwriters boosted the number of shares for sale by 25 percent, potentially valuing the deal as high as $19 billion.

Thursday, May 17, 2012 by David Zielenziger

US Federal Reserve

Fed Keeps Bond-Buying Door Open: Minutes

U.S. Federal Reserve policymakers kept the door open to a fresh round of monetary stimulus, citing downside risks to a moderately expanding economy, according to minutes for the central bank's April meeting.

Thursday, May 17, 2012 by Reuters Staff Writer

Euro

Forex: What Happens If Greece Leaves The Euro?

The growing possibilities of an imminent Greek exit from the single currency bloc could drive up the value of safe-haven currencies such as the U.S. dollar and the British pound, while hurting a number of emerging Asian currencies that are sensitive to investors' risk appetite.

Thursday, May 17, 2012 by Moran Zhang

US

Gov. Peter Shumlin

Vermont Bans Hydraulic Fracturing, Becomes First State To Do So

The state of Vermont became on Wednesday the first in the United States to ban the controversial natural gas drilling technique known as hydraulic fracturing or fracking.

Thursday, May 17, 2012 by Pierre Bertrand

House Minority Leaser Nancy Pelosi had much to say in the debate over women's contraceptive coverage.

Men's Rights Group Backs GOP Violence Against Women Act To Protect 'True Victims' -- Heterosexual Men

The National Coalition For Men argues the "true victims" of domestic violence will be better served by the House Republican bill.

Thursday, May 17, 2012 by Ashley Portero

NYC Puts Tech Sector on Forefront of Economy; Councilwoman Hopes Brooklyn Doesn’t Get Left Out

NYC Bets On Tech Industry As Wall Street Loses Lead

As the city invests in tech, Councilwoman Leticia James wishes that Mayor Bloomberg would to more to make sure Brooklyn doesn't get left out

Thursday, May 17, 2012 by Sara Dover

estrella

Arnoldo Jimenez, Husband of Murdered Bride Estrella Carrerra, Named Prime Suspect, On The Run In Maserati In Chicago

Arnoldo Jimenez, the husband of the 26-year-old bride named Estrella Carrera found stabbed to death in her bathtub this past weekend, has been named as the prime suspect in the murder and is reportedly on the run in a 2006 Maserati in Chicago, police said on Wednesday.

Thursday, May 17, 2012 by IBTimes Staff Reporter

NATO Fuel Tankers

Pakistan Plans To Re-Open NATO Supply Routes To Afghanistan

Islamabad has ordered government officials to end a supply route blockade against NATO forces, said Pakistan Information Minister Qamar Zaman Kaira on Wednesday.

Thursday, May 17, 2012 by Jacey Fortin

Euro

Global Losses From Greek Euro Zone Exit Could Reach €1 Trillion

The financial markets appear to have already priced in Greece’s departure from the euro bloc.

Thursday, May 17, 2012 by Palash R. Ghosh

James Abdnor, South Dakota Senator Who Ousted George McGovern, Dies At 89

James Abdnor, the former U.S. senator from South Dakota most known for ousting former Democratic presidential candidate George McGovern from the senate seat, died Wednesday of natural causes. He was 89.

Thursday, May 17, 2012 by Howard Koplowitz

World

Gov. Peter Shumlin

Vermont Bans Hydraulic Fracturing, Becomes First State To Do So

The state of Vermont became on Wednesday the first in the United States to ban the controversial natural gas drilling technique known as hydraulic fracturing or fracking.

Thursday, May 17, 2012 by Pierre Bertrand

Engagement Ceremony

Child Marriage Still Prevalent Among Adolescents In South Asia: Report

A report on Wednesday reveals that child marriage has become less prevalent in South Asia over the last two decades, but not for brides of all age groups. Adolescents over 15 are still marrying at about the same rate as they did two decades ago.

Thursday, May 17, 2012 by Jacey Fortin

House Minority Leaser Nancy Pelosi had much to say in the debate over women's contraceptive coverage.

Men's Rights Group Backs GOP Violence Against Women Act To Protect 'True Victims' -- Heterosexual Men

The National Coalition For Men argues the "true victims" of domestic violence will be better served by the House Republican bill.

Thursday, May 17, 2012 by Ashley Portero

NYC Puts Tech Sector on Forefront of Economy; Councilwoman Hopes Brooklyn Doesn’t Get Left Out

NYC Bets On Tech Industry As Wall Street Loses Lead

As the city invests in tech, Councilwoman Leticia James wishes that Mayor Bloomberg would to more to make sure Brooklyn doesn't get left out

Thursday, May 17, 2012 by Sara Dover

Land Crabs

Baby Red Crabs Invade Cayman Islands, Could Signal Tough Hurricane Season

Baby red crabs have infested the Cayman Islands by the hundreds of thousands, an in unusually heavy migration season that has caused havoc. If local superstition is any indicator, the Caribbean may face a rough hurricane season.

Thursday, May 17, 2012 by Joseph Orovic

Steve Powell, Josh Powell's Father, Convicted Of 14 Counts Of Voyeurism

On Wednesday, a jury convicted Steve Powell on 14 charges of voyeurism that stemmed from a 2009 investigation into the disappearance of his daughter in-law Susan Powell, who has not been found.

Thursday, May 17, 2012 by Michael Billera

estrella

Arnoldo Jimenez, Husband of Murdered Bride Estrella Carrerra, Named Prime Suspect, On The Run In Maserati In Chicago

Arnoldo Jimenez, the husband of the 26-year-old bride named Estrella Carrera found stabbed to death in her bathtub this past weekend, has been named as the prime suspect in the murder and is reportedly on the run in a 2006 Maserati in Chicago, police said on Wednesday.

Thursday, May 17, 2012 by IBTimes Staff Reporter

Economy

Gov. Peter Shumlin

Vermont Bans Hydraulic Fracturing, Becomes First State To Do So

The state of Vermont became on Wednesday the first in the United States to ban the controversial natural gas drilling technique known as hydraulic fracturing or fracking.

Thursday, May 17, 2012 by Pierre Bertrand

GM

GM Ditches Facebook Ads Ahead of IPO, Rest of Auto Industry Stands By

General Motors Company (NYSE: GM) rocked the automotive and advertising worlds with its announcement Tuesday that it will stop buying advertisements on Facebook Inc. (Nasdaq: FB), a value of roughly $10 million a year, on the eve of social networking site's monster IPO.

Thursday, May 17, 2012 by Benjamin Reeves

US Federal Reserve

Fed Minutes Suggest Further Easing More Likely

Federal Reserve policymakers seemed more likely Wednesday to recommend further monetary easing than just a month ago, as minutes of a Fed rate-setting panel detailed shaky faith in recent indicators of economic recovery.

Thursday, May 17, 2012 by Eleazar David Meléndez

Euro

Global Losses From Greek Euro Zone Exit Could Reach €1 Trillion

The financial markets appear to have already priced in Greece’s departure from the euro bloc.

Thursday, May 17, 2012 by Palash R. Ghosh

US Federal Reserve

Fed Keeps Bond-Buying Door Open: Minutes

U.S. Federal Reserve policymakers kept the door open to a fresh round of monetary stimulus, citing downside risks to a moderately expanding economy, according to minutes for the central bank's April meeting.

Thursday, May 17, 2012 by Reuters Staff Writer

France's new President Hollande and newly-named French Prime Minister Ayrault leave after a traditional ceremony at Paris city hall

France’s New Socialist Government Names Cabinet

Interestingly, Martine Aubry, the leader of the Socialist party rejected an offer to head a "super ministry."

Thursday, May 17, 2012 by Palash R. Ghosh

Euro

Forex: What Happens If Greece Leaves The Euro?

The growing possibilities of an imminent Greek exit from the single currency bloc could drive up the value of safe-haven currencies such as the U.S. dollar and the British pound, while hurting a number of emerging Asian currencies that are sensitive to investors' risk appetite.

Thursday, May 17, 2012 by Moran Zhang

Companies

JPMorgan

JPMorgan's 'London Whale' To Be Gone By Year-End: Report

Bruno Iksil, the trader behind the $2-billion-and-counting loss at New York-based banking giant JPMorgan Chase and Co. (NYSE: JPM) that has been the talk of New York and Washington for the past few days, will be leaving the bank within the year, the New York Times' Dealbook blog reported Wednesday.

Thursday, May 17, 2012 by Eleazar David Meléndez

JPMorgan Chase & Co. CEO Jamie Dimon attends a session at the World Economic Forum (WEF) in Davos January 27, 2011.

JPMorgan Slapped With Shareholder Suits Over $2B Trading Loss

JPMorgan's $2 billion trading loss makes the financial giant an easy target for shareholder lawsuits.

Thursday, May 17, 2012 by Dan Rivoli

GM

GM Ditches Facebook Ads Ahead of IPO, Rest of Auto Industry Stands By

General Motors Company (NYSE: GM) rocked the automotive and advertising worlds with its announcement Tuesday that it will stop buying advertisements on Facebook Inc. (Nasdaq: FB), a value of roughly $10 million a year, on the eve of social networking site's monster IPO.

Thursday, May 17, 2012 by Benjamin Reeves

Apple iPhone 5 To Feature Bigger Screen; Production To Begin In June For Fall 2012 Release Date [RUMORS]

Apple iPhone 5 To Feature Bigger Screen; Production To Begin In June For Fall 2012 Release Date [REPORT]

According to sources from within Apple's foreign supply chains in Hong Kong, Apple has ordered "bigger screens" for its next iPhone, presumably called the iPhone 5, even though no exact measurement was provided. Production on the iPhone 5 is said to begin next month, while the release date has been scheduled for sometime in the fall, likely around October.

Thursday, May 17, 2012 by Dave Smith

Euro

Global Losses From Greek Euro Zone Exit Could Reach €1 Trillion

The financial markets appear to have already priced in Greece’s departure from the euro bloc.

Thursday, May 17, 2012 by Palash R. Ghosh

Facebook

Facebook IPO: Why Did Underwriters Boost Its Value?

A day before Facebook (Nasdaq: FB), the No. 1 social network holds its initial public offering, its 33 underwriters boosted the number of shares for sale by 25 percent, potentially valuing the deal as high as $19 billion.

Thursday, May 17, 2012 by David Zielenziger

Pavillion, Wy

Study Slams EPA's Draft Fracking Report On Wyoming Water Pollution

The U.S. Environmental Protection Agency is again under fire for a draft study released late last year that suggests natural gas drilling contaminated ground water.

Thursday, May 17, 2012 by Pierre Bertrand

Tech

NYC Puts Tech Sector on Forefront of Economy; Councilwoman Hopes Brooklyn Doesn’t Get Left Out

NYC Bets On Tech Industry As Wall Street Loses Lead

As the city invests in tech, Councilwoman Leticia James wishes that Mayor Bloomberg would to more to make sure Brooklyn doesn't get left out

Thursday, May 17, 2012 by Sara Dover

Apple iPhone 5 To Feature Bigger Screen; Production To Begin In June For Fall 2012 Release Date [RUMORS]

Apple iPhone 5 To Feature Bigger Screen; Production To Begin In June For Fall 2012 Release Date [REPORT]

According to sources from within Apple's foreign supply chains in Hong Kong, Apple has ordered "bigger screens" for its next iPhone, presumably called the iPhone 5, even though no exact measurement was provided. Production on the iPhone 5 is said to begin next month, while the release date has been scheduled for sometime in the fall, likely around October.

Thursday, May 17, 2012 by Dave Smith

Google Knowledge Graph

Google Knowledge Graph: Smarter Search Will Identify The 'Real Things' You Are Looking For [VIDEO]

As Google rolls out more new changes to their search engine, the Menlo Park, Calif. based company has released the details to their latest search innovation -- "Knowledge Graph." The new Google search feature will reportedly work with its users to fully understand what they mean by their search entry, according to Mashable.

Thursday, May 17, 2012 by Carey Vanderborg

A post-IPO Facebook strategy

Try as they might, many retail investors won't be able to get shares of Facebook in its first hours of trading.

Thursday, May 17, 2012 by David K. Randall

Facebook

Facebook IPO: Why Did Underwriters Boost Its Value?

A day before Facebook (Nasdaq: FB), the No. 1 social network holds its initial public offering, its 33 underwriters boosted the number of shares for sale by 25 percent, potentially valuing the deal as high as $19 billion.

Thursday, May 17, 2012 by David Zielenziger

Verizon sees revenue increase from shared plans

Verizon Wireless should see an increase in data revenue after it offers new shared data plans this summer, according to a top executive for parent company Verizon Communications Inc.

Thursday, May 17, 2012

Micron Technology

Micron Shares Surge On Apple Japan Orders

Shares of Micron Technology (Nasdaq: MU), the only U.S. maker of memory chips, jumped as much as 9 percent Thursday on a report that Apple (Nasdaq: AAPL), the world's most valuable technology company, had placed a huge order in Japan.

Thursday, May 17, 2012 by David Zielenziger

Education

Student loan default rate rising

The Department of Education (DoE) said that default on student loans climbed to 7.0 percent in fiscal 2008, up from 6.7 percent in the prior fiscal year - yet another manifestation of the sluggish economy and bleak jobs market. .

Saturday, September 18, 2010 by Palash R. Ghosh

China sends more students to US B schools than India this year

Big brother China has beaten India for the first time in the number of students to US management schools.

Friday, September 17, 2010

US universities attract fewer students

The share of foreign students coming to the United States has been going down every year since 2000, shows a study released by an international body comprising the developed nations of the world.

Friday, September 17, 2010

Recession makes more people take up higher studies

If there is one single benefit to the US due to the recession, it is that more people are studying in colleges than ever.

Friday, September 17, 2010

Bonus Points: Setting Targets for CFO Compensation in Times of Crisis

The recession has caused all sorts of difficulties for CFOs: falling earnings, tumbling stock prices and, occasionally, knotty negotiations with lenders.

Wednesday, September 15, 2010

The Whole Truth and Nothing but the Truth: Managing Information Asymmetry in IS Consulting

A cynic might say that information systems consultants shortchange their clients. They can, for example, promise more than they deliver.

Wednesday, September 08, 2010

Boston: beyond the familiar MBA recruitment faces

Despite experiencing a good number of mergers and acquisitions over the past five years, notably Procter and Gamble's acquisition of Boston mainstay Gillette, Boston is still home to some of the most recognized MBA recruitment brands.

Wednesday, September 08, 2010 by Dan Beaudry And Susan Peppercorn

Auto

Fisker to Debut Karma Hybrid at 2010 Paris Motor Show

Irvine, California-based Fisker Automotive will debut the first factory-built Karma at the upcoming 2010 Paris Motor Show this October.

Saturday, October 02, 2010

BMW recalls 350,000 cars, including Rolls-Royces

BMW is voluntarily recalling 350,000 cars worldwide due to a possible brake problems that the world's biggest premium carmaker said have not caused any accidents.

Saturday, October 02, 2010

GM posts gain amid still-slow auto market

General Motors Co posted an annual sales gain of 10.5 percent in September amid evidence that the U.S. auto market remained stuck in a slow-moving recovery at the start of the fourth quarter.

Saturday, October 02, 2010

Electric cars arrive while posing test for grids

Top automakers finally have electric cars ready to purr into dealer showrooms. Now the question is whether the charging infrastructure and electricity supply are up to the task.

Saturday, October 02, 2010

Luxury carmakers return to records of old

Europe's luxury carmakers fear no double-dip thanks to a fresh supply of wealthy customers in emerging markets who have just earned enough money to buy their first Mercedes-Benz or Ferrari.

Saturday, October 02, 2010

Fiat to launch new models end-2011

Italian automaker Fiat has decided to launch new products only at the end of 2011 or early 2012 due to the weakness of the market

Saturday, October 02, 2010

Autos would get up to 62 mpg under proposal

Automakers would have to achieve sharply higher fuel economy -- between 47 and 62 miles per gallon -- by 2025 under a preliminary plan released by the Obama administration

Saturday, October 02, 2010

Jobs

Monster US online jobs index rises to 138 in September

A monthly gauge of online labor demand in the United States edged up in September from a month ago and was 16 percent above the reading from a year ago.

Friday, October 08, 2010

Private sector job cuts raise Fed easing chance

U.S. private employers unexpectedly shed jobs in September, reinforcing the belief that the U.S. Federal Reserve will embark on another round of monetary policy stimulus to support the economic recovery as early as next month.

Thursday, October 07, 2010

Private sector sheds 39,000 jobs in Sept

Private employers unexpectedly cut 39,000 jobs in September after adding an upwardly revised 10,000 jobs in August, a report by a payrolls processor showed on Wednesday.

Thursday, October 07, 2010

Prices gain on unexpected private jobs decline

U.S. Treasury debt prices climbed on Wednesday, pushing benchmark note yields to the lowest since January 2009, after ADP Employer Services said private payrolls unexpectedly contracted in September.

Thursday, October 07, 2010

Meet Claudia! Objective: Make a successful career change from teaching into counseling.

The best part of my job is reuniting candidates with their self-confidence. In today's job market I know it is so difficult to remain positive and to not take rejection personally.

Wednesday, October 06, 2010 by Samantha Nolan

#1 Problem with All Resumes, Job Searches, and Interviews

Imagine sitting in a lobby waiting for an interview. You look around and all those waiting are as professional and qualified as you...

Wednesday, October 06, 2010 by Rosa E. Vargas

The New Grad Quagmire

It's an interesting dilemma for new grads these days. Assuming you're lucky enough to score a job, you'll find yourself thrown into a workforce for which you've (probably) received little or no formal training. Sadder still, you probably won't receive much on-the-job training either.

Wednesday, October 06, 2010 by Emily Bennington

Health

Morning sickness may signal healthier pregnancy

New research confirms that women plagued by morning sickness in early pregnancy are less likely to miscarry.

Friday, October 08, 2010

Nobel-winning work is matchmaker for molecules

The three winners of this year's Nobel Prize for Chemistry all developed new ways to make carbon atoms stick to one another -- a mundane-sounding process that in fact underlies the very basis of life.

Friday, October 08, 2010

FDA to push for more investment in science

Health regulators plan to spend millions of dollars to step up their scientific prowess in a move that officials say will help quickly get new treatments to patients and protect the public against possible health threats.

Friday, October 08, 2010

How Republicans could block healthcare reform

Republicans could keep their promises to stop healthcare reform even if they cannot repeal it, simply by blocking legislation needed to pay for it, one expert argued on Wednesday.

Friday, October 08, 2010

Poor healthcare may shorten American lives: study

Americans die sooner than citizens of a dozen other developed nations and the usual suspects -- obesity, traffic accidents and a high murder rate -- are not to blame, researchers reported on Thursday.

Friday, October 08, 2010

Ultra-Running and Race Day Nutrition

Ultra-running (as defined by any running race longer than the marathon of 26.2 miles) requires a whole different nutritional viewpoint when compared to the gels and quick shots of Gatorade normally

Thursday, October 07, 2010

International Walk to School Day is October 6

The Partnership for a Walkable America sponsored the first National Walk Our Children to School Day in Chicago in 1997. It was a simple day, designed to highlight the need to create communities that are walkable. The day was created, in part, on a similar concept celebrated in the United Kingdom.

Thursday, October 07, 2010

Travel

Queenstown’s romantic-adventure band-wagon

I battle desperately not to climb aboard Queenstown's romantic-adventure band-wagon; but I fail miserably.

Tuesday, September 28, 2010 by Kip Brook

Historic Pera Palace Hotel in Turkey opens for business

After two and a half years of renovation costing $ 29 million, the five star luxury hotel Pera Palace in Istanbul Turkey opened its doors to guests.

Saturday, September 25, 2010

Camper & Nicholsons (CNI) offers yacht-charter to cruise the Indian Ocean

Even as your contemporaries sail to the Caribbean to celebrate to Christmas, you take a different course.

Friday, September 24, 2010

Mahe

The largest of the Seychelles archipelago, Mahe is an African island rich with hidden treasures.

Thursday, September 23, 2010

Fly to space with Boeing in 2015

You just have wait till 2015 for a trip into the space, as US aerospace giant Boeing and Space Adventure have tied up to put tourists into low-level orbit in a futuristic capsule.

Thursday, September 23, 2010

Hotels come under Britain’s Fair Trading scanner

Speaking to the BBC, Dorian Harris, Managing Director of Skoosh.com said hotels would email, call and threaten legal action over his website openly offering hotel discounts.

Tuesday, September 21, 2010

Boeing ventures into space tourism with partner

Aerospace major Boeing announced its entry into the space tourism market in partnership with its Space Adventures, and the partnership hopes to sell seats on rocket trips to the International Space Station very soon.

Tuesday, September 21, 2010

Life Style

Ugg Australia: Comfortable Fall Fashion Trends

Uggs Australia get a lot of grief in the fashion world, but they're undeniably comfortable and now they're more fashionable as well.

Thursday, September 30, 2010 by Carly Zinderman

Keira Knightley Stars in New Chanel Campaign

Stunning actress Keira Knightley turned heads in Paris the other day while filming a sexy new ad campaign for Chanel.

Tuesday, September 28, 2010

A romantic evening for Katie Holmes in Jason Wu

Katie Holmes and Tom Cruise got cozy at the premiere for 'The Romantics' in New York City and we were on hand to report on Katie's latest style antics.

Tuesday, September 28, 2010

Kalamazoo's Outdoor Kitchen is Cutting-Edge Cookery

Those wanting to up the ante on their backyard "stay-cation" and holiday hospitality should consider Kalamazoo Outdoor Gourmet's extravagant outdoor kitchen, which is more like an outdoor cooking "resort." .

Tuesday, September 28, 2010 by Merilee Kern

Emerald Jet Charter Expands with Helicopter Travel

Emerald Jet Charter announced that it now is offering helicopter travel along with chartering private business jets.

Tuesday, September 28, 2010 by James Rothaar

Watch that brings back old world charm

If you are tired of the modern looking watches then check out the latest traditional looking wristwatch from Carl F Bucherer - the new Manero ChronoPerpetual.

Saturday, September 25, 2010

Ralph Lauren opens exclusive men’s store on Madison Avenue

To commemorate the opening of his original store in New York, Ralph Lauren is redefining his vision of men's high fashion by launching an exclusive men's store in the same space.

Saturday, September 25, 2010