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Business news Symantec buys WholeSecurity
By Robert McMillan, IDG News Service Symantec has bought security vendor WholeSecurity for an undisclosed sum. Symantec will combine WholeSecurity's "behaviour-based" security software with its own consumer and enterprise security products, the company said. Products such as Symantec's Norton Internet Security suite use samples of code, or signatures, to identify malicious software. WebSecurity's software, on the other hand, determines whether potential ... Berlusconi heats up battle against bank chief
The Associated Press FRIDAY, SEPTEMBER 23, 2005 ROME Italy was in political turmoil on Friday after Prime Minister Silvio Berlusconi joined calls for the resignation of Antonio Fazio as the governor of the Bank of Italy and named one of Fazio's fiercest critics as the new economy minister. The standoff has damaged Italy's image abroad, many analysts said, and comes at a difficult time for the government, which must present its budget for 2006 by ... Fuel nightmare as 'cane looms
No gas for Tex. evacuees; nation faces major crisis BY HELEN KENNEDY in Houston, RICHARD SISK in Washington and CORKY SIEMASZKO in New York DAILY NEWS STAFF WRITERS Four-hundred miles wide and whipping 145-mph winds, Hurricane Rita bore down on the Texas coast today and threatened to rip through the heart of the nation's most important gas and oil producing region. Thousands of terrified Texans racing to escape the storm yesterday got a taste of ... Bush's Choice of Roberts for U.S. High Court Splits Democrats
Sept. 23 (Bloomberg) -- President George W. Bush's nomination of John G. Roberts Jr. as 17th U.S. chief justice split Democrats, who were left looking for a strategy to challenge his choice for the next Supreme Court vacancy. Roberts is headed next week for an easy confirmation in the Senate with certain support from all 55 Republicans and perhaps half the 44 Democrats. The Senate Judiciary Committee approved the nomination 13-5 yesterday, with all 10 Republicans and three ... Equitable, Ernst & Young Settle Negligence Lawsuit
Sept. 22 (Bloomberg) -- Equitable Life Assurance Society, the customer-owned insurer that almost collapsed in 2000, has abandoned a 700 million-pound ($1.3 billion) professional negligence claim against its former auditor Ernst & Young LLP. No money will change hands in the settlement, which was announced today at the High Court in London. Each side will pay their own legal costs of the action, estimated at around 20 million pounds for Ernst & Young, the second-largest U.S. ... I.M.F. Warns of Imbalance in World Consumption
By EDMUND L. ANDREWS Published: September 22, 2005 WASHINGTON, Sept. 21 - The United States is likely to experience slower economic growth next year, and its rapidly rising foreign debt is at the heart of dangerous global imbalances, the International Monetary Fund said Wednesday. The fund said that global economic growth had become too dependent on a handful of countries, led by the United States, that consume far more than they produce. That imbalance, it ... U.S. Initial Jobless Claims Rise to 432,000 on Katrina Filings
Sept. 22 (Bloomberg) -- The number of Americans filing first- time claims for jobless benefits rose 8,000 to the highest in more than two years as more applications arrived from people dislocated by Hurricane Katrina. Claims rose to 432,000 in the week ended Sept. 17 from a revised 424,000 the prior week, the Labor Department said in Washington. The total was the highest since the week ended July 5, 2003. About 103,000 claims last week were from people who lost their ... Rita could equal $5 gas
The timing and strength of the latest storm could cause worse spike at the pumps than Katrina did. September 22, 2005: 9:22 AM EDT By Chris Isidore, CNN/Money senior writer NEW YORK (CNN/Money) - Remember when gas spiked to $3-plus a gallon after Hurricane Katrina? By this time next week, that could seem like the good old days. Weather and energy experts say that as bad as Hurricane Katrina hit the nation's supply of gasoline, Hurricane Rita could ... [url=http://www.retirement-retirement.com]Homepage[/url]
By Jessica Irvine September 22, 2005 In the wake of Hurricane Katrina, substantial shocks to world oil prices are not only potentially more hazardous for the world economy but more likely, warns the International Monetary Fund. Releasing its bi-annual World Economic Outlook overnight, the global organisation downgraded its forecasts for world economic output by 0.1 percentage points to 4.3 per cent next year, warning of "potentially serious adverse effects on the ... Japan sees little impact from US Senate beef vote
TOKYO, Sept 21 (Reuters) - Japan's efforts to lift a near 21-month ban on American beef imports will continue despite a recent U.S. Senate vote maintaining a halt on Japanese beef shipments, Japanese government officials said on Wednesday. The U.S. Senate voted twice on Tuesday to keep the United States closed to Japanese beef imports until Tokyo ends its ban on American beef imposed after the United States discovered its first case of mad cow disease in December 2003. Both ... Can GM's SUVs Get Back in the Fast Lane?
The new models are safer, less thirsty, and more comfortable. But even with those improvements and generous buyer incentives, it may not be enough Lousy fuel economy. Ponderous steering. Chunky ride and handling. Mostly Spartan appointments in the cabin. For those reasons, sales of large sport utility vehicles (SUVs) have taken a beating this year, especially with gasoline prices near $3 a gallon. So here comes General Motors (GM ) getting ready to launch a ... Former publisher pleads guilty
September 21, 2005 BY ABDON M. PALLASCH Legal Affairs Reporter Former Sun-Times Publisher David Radler on Tuesday admitted he participated in a scheme to steal $32 million from the paper's parent company, Hollinger International, for himself, his colleagues and a company he partly controlled. Radler stood before U.S. District Judge Amy St. Eve and pleaded guilty to a single count of mail fraud. "Are you guilty?" she asked. "I am," ... Global expansion on track, IMF says
Euro-area slump is of 'particular concern' By Greg Robb, MarketWatch Last Update: 9:05 AM ET Sept. 21, 2005 By Greg Robb, MarketWatch Last Update: 9:05 AM ET Sept. 21, 2005 WASHINGTON (MarketWatch) - The global economy remains on track, although growth in 2006 might not be as robust as earlier projections, the IMF said in its latest report card on the global economy released on Wednesday. The U.S. economy is projected to ... Macy's sacks Field's name
Retailer has high-end goods, edgier brand mix September 21, 2005 BY GRETA GUEST FREE PRESS BUSINESS WRITER When Macy's replaces Marshall Field's next fall, shoppers can expect a higher-end, edgier mix of merchandise with the same great clearance sales. The Macy's white shopping bags with a huge red star will replace Marshall Field's green bags. On the bubble are Marshall Field's brands such as Frango chocolates, Field Gear ... [url=http://www.retirement-retirement.com]Homepage[/url]
Commuters Return After Deadly Chicago-Area Train Derailment; Automatic Braking Said Not in Use By MIKE COLIAS Associated Press Writer CHICAGO Sep 19, 2005 — An automatic system that applies a train's brakes if an engineer fails to do so was not on the route where a fatal derailment that happened this weekend when a train sped through suburban Chicago, officials said Monday. The braking system is only on a few of Metra's routes and commuter rail ... Risk Of Election Chaos Persists
WASHINGTON -- Nearly five years after a Supreme Court decision helped settle a presidential election, the nation's voting system still could face the same kind of chaos, a blue-ribbon commission reported Monday. "Had the margin of victory for the [2004] presidential contest been narrower," the study found, "the lengthy dispute that followed the 2000 election could have been repeated." The Commission on Federal Election Reform, chaired by former President Carter and ... Tighter Mad-Cow Feed Rules Coming in Days, FDA Says
Sept. 19 (Bloomberg) -- The U.S. may soon impose tighter limits on what cattle can eat as part of a government plan to reduce the risk of mad-cow disease and to revive beef exports that collapsed last year. Rules will be disclosed within days and will be ``quite a bit stronger'' than initially planned, Food and Drug Administration Commissioner Lester Crawford said today at a meeting in Washington. The new rules will be similar to those in Europe and Canada, which ban all or most ... Google to bid on AOL?
Google could try to bid for America Online to pre-empt a Microsoft takeover and protect the $380 million in revenue Google gets from its biggest partner, according to an analyst. "We believe it is entirely possible that Google could consider making a bid for AOL as well," Lauren Rich Fine, an analyst at Merrill Lynch, wrote in a Friday report on the implications of an AOL-Microsoft Network deal. "This would certainly protect Google's revenues from AOL as well as enable Google to ... Mortgage REITs cut dividends
Few investors have more riding on the Federal Reserve's interest-rate decision today -- and the next few to follow -- than shareholders of real estate investment trusts that borrow to buy securities backed by residential mortgages. Many of these so-called mortgage REITs have been clobbered by the triple whammy of higher short-term rates, falling long-term rates and a continuing wave of mortgage prepayments. Last Thursday, industry leader Annaly Mortgage Management ... Tyco's presence in N.H. much reduced
September 20, 2005 EXETER, N.H. --Five years ago, when the huge conglomerate he built was run from here, L. Dennis Kozlowski was a corporate star. Today, Kozlowski is a convicted felon facing up to 25 years in prison and fewer than 200 of Tyco International Ltd.'s roughly 250,000 employees work in the state. Kozlowski, an aggressive dealmaker, made billions of dollars in acquisitions in a decade as chief executive of Tyco, which is nominally based in ... HP set to buy a pair of firms
Peregrine, AppIQ would round out its data management Benjamin Pimentel, Chronicle Staff Writer Tuesday, September 20, 2005 Hewlett-Packard joined the recent Silicon Valley buying spree Monday, unveiling plans to acquire two technology firms, including a $425 million deal to purchase a San Diego business software company. HP said it has agreed to buy San Diego's Peregrine Systems Inc., which makes software that helps businesses keep track of their ... 3 laptop makers to add Verizon wireless for Net
HIGH-SPEED ACCESS TO IMPROVE COVERAGE, USE By Karl Schoenberger Mercury News In another step toward a wireless world, the top three makers of laptop computers have agreed to build into their laptops Verizon Wireless technology to provide high-speed mobile Internet access to customers. Both Dell and HP announced the agreements in news releases Monday, saying they would make the Verizon Wireless technology available to customers, ... Cyber hackers' motives shift to money
Security company reports more attacks now carried out for monetary gain instead of to prove skill, satisfy curiosity. By Steve Alexander / Minneapolis-St. Paul Star Tribune The motives of Internet hackers have shifted from malicious behavior to monetary gain. The threat from information-stealing software exceeds the threat posed by computer viruses and worms that knock out computers and spread themselves via e-mail, according to a much-read barometer of Internet ... Volkswagens gets USBs for iPods
Reassuringly reassuring By Nick Farrell: Monday 19 September 2005, 06:35 THE FUN loving folk at Volkswagen have decided that since most of its customers splash out on the reassuringly expensive and jolly nice looking iPods, that its cars need a USB port. Volkswagen’s USB port can, of course, support all manner of portable digital players, but we suspect the stereotypical Beetle driver would probably insist on a Jobs’ approved gizsmo. Oddly ... Dell Puts Mandriva on Latitude for Students
UPDATED: Dell (Quote, Chart) is offering its low-cost Latitude 110L notebook pre-loaded with the Mandriva operating system, officials at the Parisian Linux distributor announced Friday. According to the company, the notebook has been certified and will be sold directly by Dell to students starting today. The Mandriva-powered Dell notebook will cost approximately $928, Mandriva officials said, running on an Intel Celeron 1.4GHz processor, with 256MB of RAM and a 40 GB hard drive. ... Data layers added to Google Earth
Google has added 'data layers' to the satellite images of Africa shown by its Google Earth service. The data layers provide contextual information from National Geographic magazine, webcam images and aerial photography from across the continent. Across Africa, wherever you see the yellow National Geographic logo you can zoom in to see the title of each feature article or photograph. Click the icon and a pop-up balloon shows a photo and description along with links to the ... Fixed-Mobile Convergence To Succeed In Europe First: Study
There are more advanced networks in Europe, and more of them, making convergence that much easier, a new study says. By Mobile Pipeline Staff Mobile Pipeline Converging landline and cellular access will succeed in Europe first because the convergence technology is more amenable to systems there, according to a study released Monday by ABI Research. Specifically, the study notes that UMA technology, which enables seamless hand-offs between ... Sprint Tunes in Rhapsody
It’s no ROKR, but Sprint ups the ante by unveiling live music on its cellular network. September 19, 2005 The marriage between music and mobile phones entered the honeymoon phase on Monday with the announcement that Sprint Nextel and RealNetworks will offer live radio feeds to Sprint mobile service subscribers. Rhapsody Radio, a unit of RealNetworks, will offer Sprint customers their choice of 100 commercial-free streaming radio stations, ... Worm creates fake Google site
Spoofed webpage is identical, but displays alternative ads Robert Jaques, vnunet.com 19 Sep 2005 Security firm Panda Labs has detected a worm which attempts to spoof Google. P2Load.A spreads via P2P networks using the file-sharing programs Shareaza and Imesh. The worm copies itself to the shared directory of these programs as an executable file called 'Knights of the Old Republic 2', referring to a computer game related to the Star Wars saga. Cyber Attacks Move on to Desktops
By Anadolu News Agency (aa) Published: Monday, September 19, 2005 Cyber attacks moved from networks onto desktops reports say. The Symantec published the eighth Internet Security Threats Report with six months of data indicating the recent attacks were made for earning money and that threats towards desktops exceeded those towards institutions. The report also points to the increase in seizing personal information which creates threats that cause ... | ||
On the web: Indian business community reels after Satyam (AP via Yahoo! News)One of India's largest outsourcing companies struggled Thursday to retain an air of normalcy as the business community reeled from the news that the company chairman had been doctoring the books for years. Snow rakes help small business weather rough economic climate (CNN)One small business has found a way to dig itself out of the snowballing recession -- snow rakes. Lots of them. Police investigating shooting at Chesterfield business (St. Louis Post-Dispatch)CHESTERFIELD -- Police are on the scene of a shooting at a Chesterfield business. One woman was shot in the foot, police said. There was no immediate information about the shooter or if there were any other victims. Business leaders briefed on terror threat (BizJournals)Security officials briefed more than 300 business leaders Thursday morning on how to operate during inauguration weekend and what they can do to prevent and react to terrorism threats. Cleveland assembles business leaders to advise on airport operations (The Cleveland Plain Dealer)Mayor Frank Jackson has tapped the private sector for advice on how to operate the city-run Cleveland Hopkins International and Burke Lakefront airports. A dozen business leaders will sit on Jackson's strategic advisory committee, but the panel will have no... 'It is business as usual' for Canadian lending, bank CEOs assert (The Canadian Press via Yahoo! Canada News)TORONTO - Senior Canadian bank executives say it's largely business as usual for lending by their institutions but there's no doubt the country is undergoing a credit crunch as other loan sources evaporate. 7 movies that glamorize business travel (MSNBC)Portfolio.com's Joe Brancatelli suggests you take some time to relax, fire up the flat screen in the living room and find the angles in his favorite business-travel movies of all time. Japan funds banks to drive lending to business (Financial Times)Japan is stepping up efforts to encourage banks to lend more to business amid fears that a credit crunch will worsen in the run-up to the fiscal year-end on March 31. Free workshop offered for small-business owners (The Indianapolis Star)The U.S. Small Business Administration will host a free small-business workshop from 2 to 3:30 p.m. Jan. 21 at the its district's office on the Far Northside of Indianapolis. ArvinMeritor Provides Business Update (The Auto Channel)TROY, Mich., January 8, 2009: ArvinMeritor, Inc. today provided an update on the previously announced process to sell its Light Vehicle Systems (LVS) business, the reorganization of LVS, and its 2009 financial reporting. |
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