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Dow falls below 12000 on economic worries

The Dow Jones Industrial Average fell below 12000 points on Friday, threatening to bring the stock market to a sixth consecutive week of losses. It would be the longest such slump since 2002.
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Lower swipe fees may help shoppers, hurt bank customers

The Senate decided yesterday to avoid delaying the 80 percent cut in debit card swipe fees, a move that could help consumers when shopping. But banking customers could suffer as banks look to make up for the lost revenue.
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Citi Credit Card Breach Risk Was Anticipated

Citigroup does not know how the computer breach revealed Thursday which affected hundreds of thousands of its credit card customers took place, but such an event fell in line with a risk the company outlined to shareholders in its publicly available annual report in March.
Apple Worldwide Developers Conference (WWDC) banner is seen at Moscone Center, San Francisco

Apple WWDC 2011: Can iCloud help iPhone 5 beat Android?

Technology giant Apple’s much awaited iCloud, which was presented by none other than Steve Jobs himself to the world as part of keynote address on the first day of Worldwide Developers Conference (WWDC) 2011, is expected to help iPhone 5 beat Google Android and breeze past Google’s own cloud-based Music Beta digital locker.

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