Cybersecurity chief Beckstrom resigns
The U.S. government's director for cybersecurity resigned on Friday, criticizing the excessive role of the National Security Agency in countering threats to the country's computer systems.
U.S. cybersecurity chief resigns: report
The U.S. government's director for cybersecurity has resigned, criticizing the excessive role of the National Security Agency in countering threats to the country's computer systems, The Wall Street Journal reported on Friday.
Americans hit the road again as gas prices fall
Denise Blackerby is hitting the road again. When retail gas prices scaled historic peaks above $4 a gallon last year, she found she could no longer make monthly trips from the Dallas area to Houston in her Ford Explorer SUV to visit her family.
Nacchio requests bail pending Supreme Court review
Former Qwest Communications International Inc Chief Executive Joseph Nacchio on Friday asked a U.S. court to let him stay free on bail while he appeals his insider trading conviction, just over two weeks before the day he is set to report to prison.
Weaker dollar sends oil above $45
On March 6, oil futures rose to above $45a barrel as dollar weakness and expectations of further output cuts by OPEC offset data showing that U.S. employment soared to the highest rate in more than 25 years.
Largest African banking group to buy 33 percent of Troika Dialog
On March 6, South Africa's Standard Bank, the largest African banking group, announced it will buy a 33% stake of Russian investment bank Troika Dialog.
Marvell Technology results beat expectations, shares rise
On March 6, the shares of Marvell Technology rose after the chip maker beat expectations when it issued its in-line results.
Merrill Lynch looking at 'irregularity' after $400 million loss
Merrill Lynch said on Friday it had discovered an irregularity in its London trading positions and the Financial Times reported that a Merrill trader had been suspended over a suspected $400 million loss.
Dominica
Dominica is arguably the best all-around adventure vacation island in the Caribbean, with gorgeous reefs, plenty of tropical lush rain forests, hiking, waterfalls, warm water springs, splendid fruits and vegetables and modest hotels, expect daytime temperatures in the 80s and night lows around 68 in winter and 73 in summer, although a few minutes up the mountain and into the cloud forest can chang...
GE finds its deep bench not so magical
Crotonville, we have a problem.
GM, banks' fate to keep investors on edge
With stocks mired in multi-year lows and the fate of General Motors and banks hanging in the balance, investors are unlikely to curb their flight from risk next week, putting Wall Street on track for another brutal sell-off.
Madoff expected to plead guilty to fraud charges
Bernard Madoff, accused mastermind of a $50 billion investment fraud, is expected to plead guilty to criminal charges next week, three months after his arrest shocked his customers worldwide.
IMF admits faults in warning about financial crisis
The IMF gave itself a scathing review for its mistakes in spotting the roots of the global crisis and acknowledged it fell short in its job as the world's global financial overseer.
UK may get 75 percent Lloyds stake in asset deal: source
Britain will take a stake of up to 75 percent in Lloyds Banking Group after agreeing to a deal that would cap the bank's losses on about 250 billion pounds ($356 billion) of its risky assets, a person familiar with the matter said on Friday.
German court fines man $2,300 for SMS message
A court in Germany fined a man 1,800 euros ($2,300) for inadvertently passing on an SMS text message which told the recipient they had just killed a Turk by opening it, his lawyer said Friday.
ENGlobal announces date for 2008 fiscal year earnings release
ENGlobal announces date for 2008 fiscal year earnings release
Dow Chemical and Rohm in talks on disputed deal
Dow Chemical Co and Rohm and Haas Co said they are in talks to try to settle litigation related to Dow's refusal to close its more than $15 billion takeover of Rohm and Hass.
Clinton says resetting U.S.-Russia ties will take time
Resetting ties between the United States and Russia will take time, and the relationship needs more trust, predictability, and progress, U.S. Secretary of State Hillary Clinton said on Frida
UK to take 75 percent Lloyds stake in asset deal: report
Britain will take a stake of up to 75 percent in Lloyds Banking Group after agreeing a deal to cap the bank's losses on about 250 billion pounds ($352 billion) of its risky assets, the Wall Street Journal reported on Friday.
Irish regulator says probing Merrill Lynch trades
Ireland's financial regulator said on Friday it is investigating the mispricing of trades at Merrill Lynch and is conferring with regulatory counterparts in the UK and the United States.
Dow, S&P buoyed by oil; Nasdaq falters on techs
U.S. stocks mostly rose on Friday, with the Dow and S&P rebounding late in the day to end higher as surging oil prices lifted energy stocks and offset a sell-off in technology shares on bets that the slowing economy will sap consumer spending on gadgets.
Climate change forecasts are useless for policy making
Even as we struggle with serious global financial and economic difficulties, some people believe manmade global warming is a real problem of urgent concern. Perhaps this is because, almost every day, media outlets quote “experts” who predict that soaring temperatures, rising sea levels, increasing storms, prolonged droughts and other disasters will result from human activity.
U.S. needs to do more on climate: EU official
The United States must make deeper cuts in greenhouse gas emissions than proposed by President Barack Obama if the world is to stand a chance of avoiding devastating climate change, an EU official said.
Dow, S&P rise on oil; Nasdaq drops on big-cap tech
U.S. stocks mostly rose on Friday, with the Dow and S&P rebounding late in the day to end higher as surging oil prices lifted energy stocks and offset a sell-off in technology shares on bets that the slowing economy will sap consumer spending on gadgets.
Hulu back on Boxee via RSS, announces new video application
The Boxee and Hulu drama seems to have been reignited today.
Madoff expected to plead guilty to fraud next week
Bernard Madoff, accused mastermind of a $50 billion investment fraud, is expected to plead guilty to criminal charges next week, three months after his arrest shocked his customers worldwide.
Wall St. hit by Apple, banks and grim jobs data
Stocks fell to further 12-year lows on Friday as a bearish brokerage view on Apple Inc prompted a sell-off in technology shares and overhanging fears about the banking system's future weighed.
Madoff may soon plead guilty
New York financier Bernard Madoff, accused of a $50 billion Ponzi scheme, may be near a plea deal with prosecutors.
Denmark open to all options for SAS stake: finance minister
The Danish government is open to all options concerning its 14.3 percent stake in Scandinavian airline SAS including a sale or a merger, Finance Minister Lars Rasmussen told a parliamentary committee.
Sony's 1.3 megapixel cameras joined U.S. Department of Defense
Sony’s latest-generation network security cameras will be use to survey and secure some of Department of Defense's most sensitive area.