IBT Staff Reporter

80461-80490 (out of 154943)

Book describes internal WikiLeaks tensions

Julian Assange's former right-hand man on the Wikileaks website denounces Assange as an irresponsible, autocratic bully who once threatened to kill him in a book launched on Thursday.

PepsiCo cuts growth goal; shares fall

PepsiCo Inc cut its earnings growth targets for 2011 and beyond on Thursday, citing soaring commodity costs and uncertainty about when the economic recovery on paper will actually be felt by consumers.

Obama budget to ignite deficit debate

President Barack Obama's 2012 budget plan will bring a simmering deficit debate to a head when he sends it to Congress on Monday, but the United States is still far from tackling its huge fiscal gap as bond markets watch anxiously.

Anti-computer hacking bill coming in Congress

Strengthening cybersecurity is the goal of legislation being introduced in Congress after reports of hack attacks on computer networks at Nasdaq OMX Group and at oil and gas companies.

Mets ballpark debt outlook hurt by lawsuit: Moody's

The outlook for the New York Mets' stadium debt has turned negative, Moody's Investors Service said on Thursday after the trustee recovering money for victims of Bernard Madoff sued the baseball team's owners to recover as much as $1 billion.

Warsh, lone hawk on Fed board, to step down

Kevin Warsh, the Federal Reserve's youngest-ever governor and a vocal inflation hawk skeptical of recent monetary easing efforts, said on Thursday he is stepping down from the central bank's powerful board.

Hurdles emerge for blockbuster D.Boerse-NYSE deal

Deutsche Boerse AG's planned takeover of NYSE Euronext faces intense scrutiny from German regulators and European anti-trust authorities, potentially putting the blockbuster exchange tie-up in peril.

Thomson Reuters sees higher revenue after EPS miss

Thomson Reuters Corp's quarterly earnings fell short of market forecasts as heavy investment in new products weighed on operating margins, although the company said it expects revenue to pick up in 2011.

Chinese hackers infiltrated five energy firms: McAfee

Hackers working in China broke into the computer systems of five multinational oil and gas companies to steal bidding plans and other critical proprietary information, the computer security firm McAfee Inc said in a report.

World Equities Fall, ECB Buys Portugal Debt

World stock markets fell hard on Thursday, with Hong Kong shares losing 2% and London's FTSE100 dropping 0.9% by lunchtime. Indian stock markets have lost more than $20 million per minute so far in 2011, the Economic Times reports, with billionaire Anil Ambani blaming vicious and illegal rumors.

Wall St falls on Cisco, but off earlier lows

U.S. stocks were lower on Thursday and the Dow was on track to snap an eight-day rally, but hopes for a possible resolution in Egypt to the political unrest that has gripped the country for more than two weeks helped equities pare earlier losses.

Republican Lee quits House in Internet scandal

A married congressman abruptly quit Congress on Wednesday after revelations that he had sent flirtatious messages and a bare-chested photograph of himself to another woman on a prominent Internet site.

iPhone 4 Password Lock Won't Stop Hackers

A remote wipe is the only way to protecting your iPhone data if the phone falls into the hands of a thief or is lost, according to research from Germany's Fraunhofer Institute for Secure Information Technology.

Cuba gets fiber-optic cable link to Venezuela

A 1,000-mile undersea fiber-optic cable, trumpeted as a blow against the U.S. trade embargo against Cuba, has been strung from socialist ally Venezuela to the communist-led island, officials said on Wednesday.

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