International Business Times

Latest News
  1. White House Jumper: Alleged Fence Hopper Left 'Suicide Note'
    A Connecticut man who the Secret Service says hopped a White House fence Thanksgiving while donning an American flag left behind a suicide note, NBC News reports. Joseph Caputo, 23, appeared in court Friday and was charged with illegally entering restricted grounds. The Stamford resident was also ordered to undergo a psychiatric evaluation.
  2. Black Friday Crowds Thin In Subdued Start To US Holiday Shopping
    (Reuters) -- America's annual Black Friday shopping extravaganza was short on fireworks this year as U.S. retailers' discounts on electronics, clothing and other holiday gifts failed to draw big crowds to stores and shopping malls. Major retail stocks including Best Buy and Wal-Mart closed lower while Target, picked out by one analyst for its promotion strategy, saw its shares tick up.
  3. Small Business Saturday: American Express Cuts Credit Incentives For Shopping Locally
    Black Friday, Small Business Saturday, Cyber Monday – there’s a shopping day for everything at this time of year. But this year’s sixth annual Small Business Saturday will be missing one key factor: incentives for American Express credit card holders, the Chicago Tribune reported Friday.
  4. Planned Parenthood: History Of Attacks Against Healthcare And Abortion Provider
    Planned Parenthood, a healthcare provider that focuses on reproductive health and includes abortion among its services, appears to have been again targeted in an armed attack Friday in Colorado Springs, Colorado.
  5. Les Miles Buyout: LSU Coach Reportedly Tells Boosters Saturday Is Final Game; Payout Could Be Massive
    Les Miles, longtime football coach at Louisiana State University, indicated to boosters that Saturday's game against Texas A&M University will be his final matchup with the Tigers, the New Orleans Times-Picayune reported Friday, citing sources at a Tiger Gridiron Club luncheon.
  6. Brazil Sues Mining Giant Vale, BHP Billiton For $5.2B From Water Dam Damages, Cleanup Costs
    A November dam break in Brazil that led to at least 13 deaths and more than 600 people displaced has now spurred a battle of the billions. Brazil is suing mining giants Vale and BHP Billiton for $5.2 billion to cover cleanup costs and damages from the environmental disaster, Agence France-Presse reported Friday. Brazil’s government will file the suit Monday.
  7. Small Business Bank Loans: Declining Interest Could Hurt Economy's Biggest Jobs-Creating Sector
    Small businesses in the United States are facing an increasingly limited loan market, and nonbank lenders are filling that gap, providing options that carry interest rates as much as six times what banks usually charge. That environment could mean more and more small businesses will face fiscal uncertainty and be unable to expand their businesses as fast.
  8. Protests Continue In Russia And Turkey As Hopes For An ISIS Coalition Fade
    Turkish President Recep Tayyip Erdogan was burned in effigy Friday during a protest as tensions continue to mount between Ankara and Moscow, AFP reported. Anti-Turkey rallies were held in Moscow and Crimea with shouts of “down with ISIS [the Islamic State group]” as Erdogan again warned the Kremlin over its actions in the region and Moscow backed away from the idea of a grand coalition to fight ISIS.
  9. Wall Street Closes Flat Black Friday, With Disney And Retailers Weak
    (Reuters) — U.S. stock indexes ended little changed in light trading Friday, with consumer stocks falling as investors fretted over early reports on the U.S. holiday shopping season and Walt Disney Co.’s subscriber losses weighing on the market. U.S. stock markets closed three hours earlier after the Thanksgiving holiday Thursday, with many traders taking the day off. Trading volume was modest, with 2.79 billion shares changing hands on U.S. exchanges, compared with the 7 billion average for the previous seven sessions.
  10. Laquan McDonald Protest Draws Thousands To Block Chicago Stores On Black Friday
    Stores were blocked along Chicago's Magnificent Mile on Black Friday, but not by shoppers waiting in line to score the latest deals. Several thousand men, women and children were demanding action from Chicago officials and its police department.
  11. Student Loan Debt 2015: Income-Share Agreements Let Investors Buy Stock In Students, Could Be New Way To Pay For College
    A different way to finance a college education has begun to gain traction and could provide a fresh alternative to student loans, which plague many recent graduates and the U.S. economy as a whole. Purdue University this week took a step toward exploring income-share agreements, in which investors pay for a student's education in exchange for a percentage of future earnings. The move by the Indiana school adds to the momentum behind the alternative to private student loans.
  12. Colorado Springs Planned Parenthood Shooting: Officer Reported Shot, Injured, Scene Not Safe
    UPDATE: 9:05 p.m. EST -- The death toll in Colorado rose to three late Friday with two civilians and one police officer dead, officials said during a press conference. In addition, five police officers and four civilians were transported to hospitals and are in good condition. Police Chief Peter Carey asked for patience in the ongoing investigation.
  13. Mao's Letter Auctions For $100,000 On Sothebys, Adding to China Community Party Leader's Growing Spotlight
    Long live capitalism -- perhaps not what Mao Zedong, former chairman of China’s Communist Party, had been mind when he penned a letter to Britain asking for helping in the country's fight against the Japanese. Now, nearly 80 years later, that letter will be auctioned through Sotheby’s at a starting price of more than $100,000, Financial Times reported Friday. The auction will be held on Dec. 15. 
  14. Voice Of Paris Attacks; Did He Have Bigger Role?
    PARIS/ALENCON, France (Reuters) - The voice that claimed Islamic State was responsible for the deadly Paris attacks is known to many in the small French provincial town of Alencon. To family, Fabien Clain was a "big teddy bear", to neighbors he was polite and at the local mosque he was a fellow worshipper who came to pray.
  15. Israel To Open Representative Office In Abu Dhabi, First In UAE
    JERUSALEM (Reuters) -- Israel plans to open a diplomatic-level mission to the International Renewable Energy Agency (IRENA) in Abu Dhabi, its first openly established representative office in the United Arab Emirates, Israeli diplomats said Friday. The office will not be a full mission but will consist of a diplomat assigned to the renewable-energy agency. Nevertheless, it will be the first time an Israeli foreign ministry official is permanently stationed in the Gulf state.
  16. HSBC Whistleblower Sentence: Five Years Follows With Hervé Falciani's Push For Normalcy In France
    The largest leak in banking’s history also led to the longest sentence for this type of crime, though not as long as prosecutors had hoped. Hervé Falciani, a former employee of HSBC’s Swiss private bank who exposed details of about 130,000 secret accounts in 2008, was sentenced to five years in prison.
  17. Russian Doping Scandal: International Association of Athletics Federations Denies It Was Slow To Act
    The International Association of Athletics Federations (IAAF) Friday defended its anti-doping efforts, hitting back at a London newspaper's allegations the federation was lax in enforcing rules. The statement came a day after Sebastian Coe, the IAAF's president, ended his 100,000 pound-a-year association with Nike and Russia's announcement it would not fight a ban on participation in international track-and-field athletic events until its anti-doping efforts could be brought in line with IAAF standards.
  18. What Drives Global Markets? Investors Appear At Ease In Light Of Russian Plane Shot Down By Turkey
    Despite a week in which Turkish armed forces downed a Russian fighter jet -- an act that prompted an emergency meeting of NATO-member countries -- investors really don't appear all that worried. Although similar events in years past would have triggered volatile equity-market reactions, traders seemed blase not only about that incident but also the coordinated series of terrorist attacks in Paris two weeks ago, virtually ignoring the headlines.
  19. With TV Deals and 'Star Wars,' Black Friday 2015 Brings Annual Fare Of Madness In Stores Despite Online Movements
    Online shopping may be thinning crowds at retail stores, but they aren’t absent. Shoppers are still in for a good deal, and that’s what Black Friday -- the day after Thanksgiving -- is all about. “This morning, traffic is really good. It’s not overwhelming, but we’re really steady,” Shirley Henderson, the store manager of a Kmart in South Carolina, told International Business Times. "The customers were coming in when I left last night, and they’re still here this morning."
  20. Paris Terrorism Manhunt Update: Sixth Terror Suspect Charged In Belgium
    Authorities in Belgium have charged a sixth person in the Nov. 13 Paris terrorist attacks, Agence France-Presse reported. The charges come after weeks of raids in both France and Belgium, where security officials have conducted massive manhunts to bring the individuals responsible for planning and carrying out the bloody massacre into custody.

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