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UPDATE 2-US appeals court turns down ABB #39;s asbestos deal A US appeals court on Thursday turned down ABB #39;s (ABBN.VX: Quote, Profile, Research) (ABB.N: Quote, Profile, Research) proposed \$1.2 billion settlement of an asbestos lawsuit involving the Swiss engineering group #39;s Combustion | 2 |
Retailers Stock Up on Latest Gadgets (AP) AP - Some of the biggest fashion trends at department stores this holiday season have more to do with MP3 players than cashmere ponchos or fur-trimmed sweaters. | 3 |
Comcast Plans Music Video-Web Offering (AP) AP - Comcast Corp. plans to begin offering music videos on demand to its broadband Internet subscribers early next year, part of a multiyear deal with the television network Music Choice. | 3 |
Quarterback's Slump Doesn't Faze Steelers (AP) AP - The big plays don't come as regularly, and neither do the deep pass completions. He has led only two touchdown drives and was sacked 11 times the last two weeks even while facing losing-record opponents. | 1 |
Infineon execs go to jail for DRAM price fixing THE DEPARTMENT of Justice said that four employees of Infineon have pleaded guilty to charges of price fixing DRAM. Three German citizens and one US citizen will each pay \$250,000 in fines as well as serving between four to six months in jail. | 3 |
Band Aid Single Now Available on ITunes (AP) AP - Apple Computer Inc. has settled a dispute that was keeping the charity single "Do They Know It's Christmas?" off its iTunes music store in Britain. | 3 |
Intel Raises 4th-Quarter Sales Forecast (AP) AP - Semiconductor giant Intel Corp. dramatically raised the range of its fourth-quarter sales forecast Thursday as it benefited from strong holiday demand for microprocessors, the brains of personal computers. | 3 |
Report: Mobile Phone Sales Up; Nokia Gains Market Share (NewsFactor) NewsFactor - Mobile phone sales were up 26 percent in the third quarter, with Nokia (NYSE: NOK) solidifying its position as the leading manufacturer, while Samsung leapfrogged past Motorola (NYSE: MOT) for second in the global rankings. | 3 |
About 1,000 Dead or Missing in Philippines Floods Nearly a thousand people are dead or missing in flash floods and landslides that have devastated a large section of the northern Philippines, rescue officials said. | 0 |
Dollar Rebounds After Setting Low Vs. Euro The US dollar rallied after dropping to a record low Thursday against the euro amid uncertainty about whether officials would intervene to curb the currency #39;s slide. | 0 |
Oracle in Merger Talks Beyond PeopleSoft (Reuters) Reuters - Oracle Corp. on Thursday\said it is in merger talks with other technology companies as\it pursues its #36;9.2 billion hostile takeover bid for rival\software maker PeopleSoft Inc. . | 3 |
IBM Makes a Power Play (NewsFactor) NewsFactor - IBM (NYSE: IBM) has established a new global organization to push the company's\Power processor platform, with an emphasis on establishing a foothold in\the potentially lucrative Chinese I.T. market. | 3 |
Apple Launches ITunes Music Store in Canada (Reuters) Reuters - Apple Computer Inc. on Thursday\launched its iTunes online music store in Canada, the 14th\country in which the popular service is available. | 3 |
Headless Bodies Found at Mysterious Mexico Pyramid (Reuters) Reuters - The discovery of a tomb filled with\decapitated bodies suggests Mexico's 2,000 year-old "Pyramid of\the Moon" may have been the site of horrifically gory\sacrifices, archeologists said on Thursday. | 3 |
Brazil Finds New Europe-Related Dinosaur Species (Reuters) Reuters - Scientists have found\well-preserved fossils of a new dinosaur species that lived 225\million years ago in southern Brazil but had its closest\relatives in what is now Europe, Brazilian paleontologists said\on Thursday. | 3 |
US, Australia Team Up to Protect Vulnerable Reefs (Reuters) Reuters - Guardians of two of the world's most\popular coral reefs joined forces on Thursday to protect their\fragile charges from the ravages of water pollution, coral\disease and people. | 3 |
Canada Bans Greenland, Faroese Fishing Boats (Reuters) Reuters - Canada said on Thursday it had banned\fishing boats from Greenland and the Faroe Islands from its\ports because of their "highly irresponsible" overfishing of\shrimp stocks outside Canadian waters. | 3 |
With Proof of Ancient Water on Mars, Researchers Consider Life's Chances (SPACE.com) SPACE.com - Researchers can now say definitively that Mars once \supported a watery environment, but whether the red planet could have ever \supported life is still far from certain. | 3 |
No Date Set for N. Korea Talks Resumption (AP) AP - The United States and its negotiating partners are ready to resume talks with North Korea on its nuclear weapons program but North Korea has not agreed, a State Department spokesman said Thursday. | 0 |
Intel Raises Quarterly Revenue Target SAN FRANCISCO (Reuters) - Intel Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=INTC.O target=/stocks/quickinfo/fullquote">INTC.O</A>, the largest maker of microchips, on Thursday raised its quarterly revenue outlook, citing strong worldwide demand for its microprocessors, and its shares jumped more than 7 percent in after-hours trading. | 2 |
Stocks Dip, Nasdaq Rises Before Jobs Data NEW YORK (Reuters) - U.S. stocks finished little changed on Thursday, pausing after Wednesday's sharp rally, as investors were cautious about making large bets before Friday's closely watched jobs report. | 2 |
Factory Orders Up, Jobless Claims Rise WASHINGTON (Reuters) - Orders at U.S. factories rose 0.5 percent in October as demand for military equipment surged, the Commerce Department said on Thursday, but orders were flat when defense was excluded. | 2 |
3 Former Kmart Execs Charged with Fraud WASHINGTON (Reuters) - Three former Kmart executives and representatives of several major vendors were charged on Thursday with fraudulently accounting for \$24 million of profit before the retailer filed for bankruptcy in 2002. | 2 |
Apple Launches ITunes Music Store in Canada SAN FRANCISCO (Reuters) - Apple Computer Inc. on Thursday launched its iTunes online music store in Canada, the 14th country in which the popular service is available. | 3 |
Marsh CEO Says Probe Near End NEW YORK (Reuters) - Marsh McLennan Cos. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=MMC.N target=/stocks/quickinfo/fullquote">MMC.N</A> will wrap up its probe into its business practices by early January and set aside more than the \$232 million allocated for legal costs last month to settle bid-rigging claims, Chief Executive Michael Cherkasky said. | 2 |
Rwanda Denies Army in Congo, Threatens Only Rebels KIGALI/KINSHASA (Reuters) - Rwanda denied on Thursday it had pushed troops into Democratic Republic of Congo even as United Nations peacekeepers said they had found compelling evidence of an infiltration into the vast country. | 0 |
Infineon Execs Pleading Guilty in U.S. DRAM Probe SAN FRANCISCO (Reuters) - Four sales executives of German chip maker Infineon Technologies AG <A HREF="http://www.reuters.co.uk/financeQuoteLookup.jhtml?ticker=IFXGn.DE qtype=sym infotype=info qcat=news">IFXGn.DE</A> have agreed to plead guilty to participating in a conspiracy to fix the prices of computer memory chips, the U.S. Department of Justice said on Thursday. | 3 |
Ryder Cup Criteria Puts Emphasis on Play The worst U.S. loss in Ryder Cup history led to a shakeup in the qualification process, a change geared toward making sure the Americans are on top of their game when the 2006 matches are played in Ireland. | 1 |
Babe's Bat Tops \$1 Million at Auction Going, going, gone. The massive 46-ounce Louisville Slugger used by Babe Ruth to drill the first home run in Yankee Stadium history was sold for a record \$1.26 million Thursday to an unidentified private collector. | 1 |
NCAA President Urges Coaching Diversity NCAA president Myles Brand is urging athletic directors to take a closer look at minority coaching candidates this year. | 1 |
Where are oil prices headed? Experts are divided on the next move for crude futures, and even on the factors that influence them. NEW YORK (Reuters) - The biggest two-day slide in oil prices since 1991 may have brightened faces on Wall | 2 |
Calpers Boardroom Reformer Shown the Door The ouster of the president of the California Public Employees #39; Retirement System comes amid a growing backlash against corporate reform, but shareholder advocates expect the move to have little direct effect on the corporate governance movement. | 2 |
Central bank keeps quiet about its euro options FRANKFURT Will the European Central Bank intervene in the world #39;s currency markets to put a lid on the euro? It has become a tantalizing prospect for many Europeans, who are nervous about the economic impact | 2 |
UK upbeat despite signs of slowdown LONDON Faced with multiplying signs of an economic slowdown, Gordon Brown, the chancellor of the Exchequer, stuck to his guns on Thursday, predicting that Britain #39;s economy will keep growing at some of the fastest rates of any large industrial country. | 2 |
Jobless rate climbs in Germany BERLIN Germany #39;s unemployment rate rose in November to a six-year high, the government said Thursday, as Bayer and other companies announced job cuts. | 2 |
Authorities to harden tactics on speculation The government is likely to tighten supervision of domestic companies #39; trading futures on overseas markets after the China Aviation Oil (Singapore) Corp lost US\$550 million from | 2 |
Ebookers sale lands 90m for boss DINESH DHAMIJA, the chairman and chief executive of Ebookers, last night looked set to land a 90 million windfall after agreeing to a takeover of the online travel group he founded. | 2 |
Fifth Third Predicts Lower 4Q Outlook Fifth Third Bancorp predicted fourth-quarter results well below Wall Street expectations Thursday, citing a balance sheet restructuring aimed at reducing the risks associated with increasing interest rates. | 2 |
US Air, Services Union in Labor Pact The union representing US Airways #39; (USAIRQ.OB:OTC-BB - news - research) passenger service employees said it has reached a tentative labor agreement with the bankrupt carrier. | 2 |
Update 2: Gambro to Pay \$350M to Settle Fraud Case The nation #39;s third-largest operator of renal-dialysis clinics has agreed to pay the federal government \$350 million to settle civil and criminal charges that it defrauded Medicare, a US attorney said Thursday. | 2 |
Celtics' Pierce Apologizes to Coach Boston Celtics captain Paul Pierce apologized for arguing with coach Doc Rivers, one day after being benched for not hustling. | 1 |
Infineon Execs Plead Guilty to Price-Fixing Four Infineon (Quote, Chart) executives agreed to plead guilty to charges they conspired to fix prices in the computer memory sector, officials said Thursday. | 3 |
Microsoft enters Google Territory with MSN Spaces In the last couple of months, we have seen Google invading the Microsoft territory with GMail and Google Desktop Search. Now Microsoft is responding. | 3 |
Microsoft files lawsuits against smut spammers DECEMBER 02, 2004 (IDG NEWS SERVICE) - Microsoft Corp. is again using the courts to pursue individuals allegedly responsible for spam e-mail campaigns, this time going after those who send out unsolicited and sexually explicit e-mail. | 3 |
Sun, Microsoft Say Alliance Paying Off for Interoperability Microsoft and Sun Microsystems say that eight months into their 10-year cooperative alliance, dividends are already being paid in the form of increased interoperability of their products. | 3 |
Antispam screensaver downs two sites in China Lycos Europe #39;s quot;Make love not spam quot; campaign has killed access to some of the Web sites of its target alleged spammers, Netcraft has found. | 3 |
Reports Detail NASA Rover Discoveries of Wet Martian History The most dramatic findings so far from NASA #39;s twin Mars rovers -- telltale evidence for a wet and possibly habitable environment in the arid planet #39;s past -- passed rigorous scientific scrutiny for publication in a major research journal. | 3 |
Google modernizes Net community service com December 1, 2004, 5:10 PM PT. This priority retains its ranking at number five as more and more companies deploy Web services to share business logic, data and processes with each other and with clients. | 3 |
AOL Gives Voice to Consumers America Online (Quote, Chart) launched a consumer version of its AIM Voice Conferencing (AVC) system today, underscoring the company #39;s stated belief that instant messaging is the new doorway to communication in the office and at home. | 3 |
Sun proposes new open-source license Sun Microsystems has quietly begun seeking official open-source status for a new software license that likely will be used to govern its Solaris operating system. | 3 |
Satellite radio on mobile phones 2004-12-02 Accessing satellite radio on mobile phones would be possibile in the next five years. Hugh Panero, chief executive officer, XM Satellite Radio Holdings, has confirmed that his company is | 3 |
Gateway #39;s Return to Japan May Be Symbolic Gateway Computer is returning to the Japanese computer market, which it abandoned in 2001. But analysts wonder whether the computer manufacturer can make much money there; the market is mature, and it is dominated by local brands. | 3 |
Goergl ends Miller #39;s winning streak at World Cup Super-G Austrian Stephan Goergl of Austria won a World Cup Super-G race, ending American Bode Miller #39;s three-race winning streak Thurday in the Colorado Rockies. | 1 |
UEFA Cup: AZ shock Rangers to advance, Auxerre crush Amica ALKMAAR/AUXERRE, Dec 2 (SW) - AZ Alkmaar defeated Glasgow Rangers to advance to the third round of the UEFA Cup, while AJ Auxerre left group minnows Amica Wronki without a chance. | 1 |
Scots prefer Smith to Strachan In the end it came down to a straight choice between Walter Smith and Gordon Strachan for the Scotland manager #39;s job, and Smith won easily. | 1 |
New York bidders launch international promo campaign New York has launched a new phase in its bid for the 2012 Olympics, taking its message directly to the people who will select the host city. | 1 |
US alter Ryder Cup qualification The US has revamped the qualification system which determines its Ryder Cup team in the wake of the crushing 18- 9 defeat by Europe last September. | 1 |
Grizzlies name Fratello as head coach The Memphis Grizzlies on Thursday named Mike Fratello as the head coach, replacing Hubie Brown, who retired last week for health reasons, according to a NBA TV report. | 1 |
Sorting through all the scenarios Though not nearly as entertaining, it continues the theme that machines can hold power over humans, even when the people are fighting to regain control. | 1 |
Israeli and Palestinian Politics in Uncertainty and Disarray Israeli Prime Minster Ariel Sharon says he is determined to find new partners for his coalition government after suffering a major defeat in parliament. | 0 |
Judge Criticises #39;Dramatic #39; Handling of #39;scoop #39; In his 60-page judgment Mr Justice Eady made a series of strong criticisms about The Telegraphs dramatic and condemnatory handling of their Galloway scoop. | 0 |
Minister condemns Suu Kyi detention Minister for Foreign Affairs Minister Dermot Ahern has condemned a decision by Burma #39;s military government to extend the house arrest of opposition leader Aung San Suu Kyi. | 0 |
A High-Risk Election in Iraq Judging by the statements of those who have the power to decide, an election will be held in Iraq on January 31 - come what may. Despite calls for a six-month delay from Iraqi political parties involved | 0 |
Babe Ruth Bat Still Has Clout, Sells for \$1.26 Million NEW YORK (Reuters) - The Curse of the Bambino may have ended this year but Babe Ruth proved to have plenty of clout at the auction table as the bat he used to hit the first homer at Yankee Stadium sold for \$1.265 million on Thursday. | 1 |
Ex-NBA Player Murphy Denies Molesting Daughters HOUSTON (Reuters) - Former basketball star Calvin Murphy took the stand in a Texas court on Thursday to deny charges he sexually molested five of his daughters. | 1 |
Bulgaria Joins EU Mission in BiH Bulgaria has started its first co-mission with the EU in Bosnia and Herzegovina, along with some 30 countries, including Canada and Turkey. | 0 |
Philippines storm toll over 900 as new typhoon hits MANILA: Over 900 people were dead or missing after a storm triggered landslides and floods in the Philippines this week, rescuers announced on Thursday as a new and even more powerful typhoon approached the main island of Luzon. | 0 |
US #39;concerned #39; on Suu Kyi #39;s fate The United States has added its voice to a chorus of international concern over the continued detention of Myanmar #39;s opposition leader Aung San Suu Kyi. | 0 |
Central Baghdad hit by mortar attacks Five shells exploded in Baghdad on Thursday, with several landing in the fortified Green Zone area. Clouds of black smoke were seen rising from the Green Zone area on the west bank of the Tigris river after | 0 |
Sharon will meet Assad #39;under certain conditions #39; TEL AVIV: Israeli Prime Minister Ariel Sharon said Thursday he was willing to meet Syrian President Bashar Assad under quot;certain conditions, quot; an offer which Damascus swiftly turned down as unacceptable. | 0 |
Rebels return to 'cleared' areas In Fallujah, US forces are going through 50,000 houses one by one. But insurgents are coming back. | 0 |
US presses Burma on Suu Kyi The US calls on the military junta in Burma to release opposition leader Aung Sang Suu Kyi from house arrest. | 0 |
Toothfish 'pirate' trial collapse The trial of five men accused of poaching rare fish from Australian waters in a Uruguayan trawler collapses. | 0 |
Brown defends economic record Chancellor Gordon Brown has defended his stewardship of the economy, telling MPs there is no 10 billion black hole in the public finances. | 2 |
EBay Reorganizes Senior Management SAN FRANCISCO - EBay Inc. announced a senior management reorganization Thursday, increasing international responsibilities for three executives and underscoring the significance of the company #39;s tremendously profitable PayPal division. | 2 |
Four Infineon execs face jail p2pnet.net News:- Four Infineon Technologies AG executives face jail after pleading guilty to DRAM price fixing charges in what the US Department of Justice says is a, very active and far-reaching investigation into antitrust violations in the DRAM | 3 |
Microsoft Launches MSN Spaces Blogging Tool MSN Spaces, Microsoft #39;s new blogging service, accompanies a beta version of MSN Messenger 7.0 and updates to MSN Hotmail. MSN Spaces makes it easier for consumers to create and maintain a personal Web site, says Microsoft. | 3 |
Apple finally launches Canadian ITunes service ITunes finally launched in Canada on Thursday, bringing with it over 700,000 songs, exclusive tracks, celebrity playlists and multiple CD burning rights. | 3 |
Google Launches Revamped E-Mail Groups Google Inc. turned on the switch Thursday to its new e-mail list service that combines the Usenet archive with the ability to create and manage new groups. | 3 |
Spain and US braced for Davis Cup battle ARMED with a shiny baseball bat and facing Andy Roddicks infamous knuckle ball in a post-practice laugh-in, Rafael Nadal took three swishes and connected only with the mist his breath left hanging in the air. | 1 |
Socialists in France give lift to EU charter PARIS A resounding vote in favor of the European Union constitution by France #39;s opposition Socialist Party was welcomed Thursday across a Continent that faces a string of national referendums on the treaty next year. | 0 |
F.D.A. Panel Says Sex Patch Needs More Testing A hormone patch that works to restore a woman's sex drive should not be approved until additional studies to determine its risk, federal health advisers said today. | 2 |
Rise in Rates Rips Fifth Third Midwestern lender Fifth Third Bancorp (FITB:Nasdaq - news - research) warned late Thursday that fourth-quarter earnings will fall far short of analyst expectations because the bank #39;s securities portfolio got whacked by rising interest rates. | 2 |
Spitzer Helps Loan Sharks When the state doesn't allow companies to charge sufficient interest legally, the black market fills the void. | 2 |
US holiday sales launch flops (AFP) AFP - Crucial US holiday sales launched with a flop, retailers reported. | 2 |
Canada gets iTunes finally Apple fans in Canada would be happy to know that iTunes has finally made it to their country. Canada users of iPod can now use Apple iTunes store to buy and download music at 99 cents per song. | 3 |
Gateway returns to Japan after three years While taking a back seat to software and security efforts, hardware is still a big time concern according to our survey. Organizations are taking the opportunity to consolidate their environments as they replace | 3 |
UEFA Cup: Rangers #39; unbeaten run ends Alkmaar, the Netherlands (Sports Network) - Rangers #39; 16-match unbeaten run came to an end Thursday as it lost at AZ Alkmaar, 1-0, in a UEFA Cup encounter. | 1 |
Els controls nerves and course HARD to believe of a man who has won three major championships, been in the shake-up at numerous others and has been ranked among the worlds best for nearly a decade, but Ernie Els still gets nervous before a round of tournament golf. | 1 |
Pongo #39;s backing the kids LIVERPOOL hero Florent Sinama Pongolle wants boss Rafael Benitez to stick with the youngsters for next months Carling Cup semi against Watford. | 1 |
Bat of the Babe sells for Ruthian amount New York, NY (Sports Network) - A bat once used by legendary baseball player Babe Ruth sold for \$1.26 million at an auction on Thursday, marking the third- highest price ever paid for a piece of sports memorabilia. | 1 |
US revamp Ryder Cup qualifying WHEN Europe came away from the Ryder Cup at Oakland Hills, Detroit, in September with a record 18-9 win over the United States, they left behind a nation questioning what had gone wrong | 1 |
Blue Jays sign Menechino Toronto, ON (Sports Network) - The Toronto Blue Jays have signed utilityman Frank Menechino to a one-year contract. The deal is worth \$650,000 with an option for 2006. | 1 |
Money Funds Tumble to #36;825.62B This Week (AP) AP - Assets of the nation's retail money market mutual funds fell by #36;3.01 billion in the latest week to #36;825.62 billion, the Investment Company Institute said Thursday. | 2 |
Top General Eases Stance on Intelligence Bill Gen. Richard B. Myers said that his concerns about the intelligence-overhaul bill had been resolved in the final version. | 0 |
Mixed Bag for Neiman Marcus Upscale retailer reports strong first quarter results followed by weaken-than-expected November sales. | 2 |
Stocks End Flat; Intel Leaps After Bell NEW YORK (Reuters) - U.S. stocks finished little changed on Thursday, pausing after Wednesday's sharp rally. But after the closing bell, shares of Intel Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=INTC.O target=/stocks/quickinfo/fullquote">INTC.O</A> shot 7 percent higher as the chip maker raised its revenue target. | 2 |
U.S., EU Put Airbus-Boeing Spat on Hold WASHINGTON (Reuters) - The United States and European Union called a temporary time-out on Thursday in a cross-Atlantic dispute over government support for aviation rivals Boeing <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=BA.N target=/stocks/quickinfo/fullquote">BA.N</A> and Airbus <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=EAD.PA target=/stocks/quickinfo/fullquote">EAD.PA</A>. | 2 |
Appeals Court Rejects ABB Asbestos Plan ZURICH/NEW YORK (Reuters) - A U.S. appeals court on Thursday rejected ABB's <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=ABBN.VX target=/stocks/quickinfo/fullquote">ABBN.VX</A> <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=ABB.N target=/stocks/quickinfo/fullquote">ABB.N</A> bid for a \$1.2 billion asbestos settlement that would end years of legal wrangling and put a cap on asbestos claims filed by thousands of former workers. | 2 |
Apple Launches iTunes Music Store in Canada SAN FRANCISCO (Reuters) - Apple Computer Inc. on Thursday launched its iTunes online music store in Canada, the 14th country in which the popular service is available. | 3 |
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