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Software Co. PeopleSoft Tightens IBM Ties (AP) AP - Business software maker PeopleSoft Inc. strengthened its ties with technology giant IBM Corp. on Tuesday, hoping to boost its recently sagging sales as it continues to fight Oracle Corp.'s #36;7.7 billion hostile takeover bid. | 3 |
Stocks Seen Lower as Oil, Cisco Weigh NEW YORK (Reuters) - U.S. shares were seen opening weaker on Wednesday as oil prices held near \$47 a barrel, while a brokerage downgrade on technology bellwether Cisco Systems Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=CSCO.O target=/stocks/quickinfo/fullquote">CSCO.O</A> could hurt technology shares. | 2 |
Iranian MPs back investment veto Iran's conservative-dominated parliament votes to give itself a veto over foreign deals struck by reformist President Mohammad Khatami. | 2 |
Haiti floods spark disease fears There are warnings of a serious outbreak of disease in Haiti following the recent devastating floods. | 0 |
Human Cells Make Morphine By Steven Reinberg, HealthDay Reporter HealthDayNews -- Morphine, a potent painkiller typically derived from the opium poppy plant, appears to be made by the human body as well. Small amounts of morphine have been found in animal tissue before, but researchers had assumed these traces came from environmental contamination, such as a diet... | 3 |
Nintendo aims high with low-cost console Nintendo hopes to hold its advantage over Sony in the handheld game console market, by selling its DS model for half the price of the new PlayStation Portable. | 2 |
Aviva to hire 3,300 in India, Lanka for offshoring biz Aviva Plc, the fifth largest insurer globally, will hire about 3,300 more people in India and Sri Lanka by 2007, as part of its strategy to outsource some of its life and non-life services. | 2 |
Ireland bars South Pacific in rogue dialler crackdown Ireland is to block direct dialling to 13 countries, mostly in the South Pacific, to combat the growing menace of rogue autdiallers. | 3 |
Mars rovers given six more months NASAs Mars rovers have had their missions extended by a further six months after weathering the Martian winter solstice, NASA announced on Tuesday. | 3 |
Strong sales forecast for digital audio players Sales of portable digital audio players like Apple Computer Inc. #39;s trendy iPod are booming and are expected to generate \$58 billion in revenue worldwide by 2008, according to a research report released Tuesday. | 3 |
AT amp;T forms VoIP interop program BEDMINSTER, NJ - In a move its IP voice services forward, AT amp;T announced Tuesday (Sept. 21) that is has formed an Innovation and Interoperability Program to foster development of applications and systems for its voice-over-IP (VoIP) network. | 3 |
Windies skittle Pakistan Pakistan captain Inzamam-ul-Haq gambled and lost as his team were routed by West Indies for 131 from 38.2 overs in the second Champions Trophy semi-final. | 1 |
Roma punished for ref incident AS Roma was punished on Tuesday for last week #39;s incident in which referee Anders Frisk was hit on the head by an object thrown from the crowd during a match against Dynamo Kiev, local newspapers reported Wednesday. | 1 |
EU officials back Libya arms embargo end European Union officials have agreed to recommend lifting the bloc #39;s arms embargo on Libya following pressure from Italy, which wants to help the North African country tackle illegal migrants, an EU diplomatic source says. | 0 |
Canadian woman missing for 2 weeks rescued in northern Iraq by U.S. forces (Canadian Press) Canadian Press - TORONTO (CP) - A Chicago-based National Guard unit ferried a Canadian woman to freedom Tuesday after she said she was missing for 16 days in northern Iraq, the Chicago Sun-Times reported Wednesday. | 0 |
Interstate Bakeries Files for Bankruptcy NEW YORK (Reuters) - Interstate Bakeries Corp. filed for bankruptcy on Wednesday after struggling with more than \$1.3 billion in debt and weak demand for bread products amid the popularity of low-carbohydrate diets. | 2 |
Kodak: Digital Imaging Growing Faster NEW YORK (Reuters) - Photography company Eastman Kodak Co. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=EK.N target=/stocks/quickinfo/fullquote">EK.N</A> on Wednesday raised its growth forecast on digital products and services, such as cameras and medical imaging, key areas it is depending on to offset rapidly declining sales in its traditional film business. | 2 |
Stocks Set for Lower Open, Earnings Weigh NEW YORK (Reuters) - Stocks were seen opening lower on Wednesday after investment bank Morgan Stanley <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=MWD.N target=/stocks/quickinfo/fullquote">MWD.N</A> said quarterly profit fell, while a brokerage downgrade on bellwether Cisco Systems Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=CSCO.O target=/stocks/quickinfo/fullquote">CSCO.O</A> could hurt technology stocks. | 2 |
Lebanon 'thwarts al-Qaeda plot' The Lebanese government says it has arrested an al-Qaeda cell planning to bomb Italy's embassy in Beirut. | 0 |
Ice collapse speeds up glaciers The collapse of an Antarctic ice shelf two years ago has accelerated the flow of glaciers into the nearby Weddell Sea. | 0 |
Fed puts up US interest rates again THE US Federal Reserve has raised interest rates for the third time this year in spite of a renewed surge in oil prices. The widely expected move took the funds rate up a quarter-point to 1.75 per cent, following similar moves in August and June. | 2 |
Oil prices rise again over Yukos fears Crude oil futures rose in New York to trade near a one-month high on concern that Russian exports will be disrupted after utilities cut some power supplies to OAO Yukos Oil Co. | 2 |
Update 1: FedEx Meets 1Q Wall Street Estimates FedEx Corp. said Tuesday that its first-quarter earnings more than doubled, helped by a strengthening worldwide economy and expansion of its international express and ground shipping businesses. | 2 |
Kodak: Digital Imaging Growing Faster Photography company Eastman Kodak Co. (EK.N: Quote, Profile, Research) on Wednesday raised its growth forecast on digital products and services, such as cameras and medical imaging, key | 2 |
Shell to boost investment to replace missing oil reserves LONDON : Royal Dutch/Shell announced plans to boost investment in exploration and production, making the replacement of its reserves a top priority as it seeks to restore battered investor confidence. | 2 |
Phone fraud crackdown cuts off 13 countries In an effort to stop internet dialler scams - where unwitting surfers are put onto premium rate connections - Ireland is going to block calls to 13 countries. | 3 |
House takes aim at identity thieves Most IT Managers won #39;t question the importance of security, but this priority has been sliding between the third and fourth most important focus for companies. | 3 |
Two Powerlifters Test Positive For Banned Substances _ Two powerlifters from Azerbaijan have tested positive for banned substances in initial doping tests and are banned for life from the Paralympics, officials said Wednesday. | 1 |
Suicide attacker detonates car bomb in central Baghdad A suicide attacker detonated a car bomb in a commercial district in western Baghdad today, killing at least six people and injuring more than 50, authorities said. | 0 |
3 firms here are best for mothers Working Mother magazine has named three Cincinnati-based companies among its 100 best to work for in 2004. Health care provider TriHealth made the list for the first time, joining Procter | 2 |
Helicopter Carrying Politicians Crashes in East India (Reuters) Reuters - A helicopter carrying eight\people, including a government minister and two lawmakers,\crashed in mountainous northeast India on Wednesday, a police\officer said. | 0 |
FedEx Earnings More Than Double NEW YORK (Reuters) - FedEx Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=FDX.N target=/stocks/quickinfo/fullquote">FDX.N</A>, the world's top air-express shipper, on Wednesday said quarterly earnings more than doubled on strong growth in its international, ground and freight services. | 2 |
Splenda Is Splendid The world's sole manufacturer of sucralose reports that demand far outstrips supply. | 2 |
Crime detection figures on slide The Home Office reveals fewer crimes were solved by police in England and Wales last year. | 0 |
UPDATE 3-Morgan Stanley profit falls 34 pct, shares drop US investment bank Morgan Stanley (MWD.N: Quote, Profile, Research) on Wednesday said quarterly profit dropped 34 percent amid reduced trading revenue, falling well short of Wall Street #39;s already-lowered expectations after a | 2 |
Top 10 Portfolio Pitfalls Whatever problems you encounter in your own portfolio, you #39;re not alone. Plenty of other investors trip over the same stumbling blocks. | 2 |
Ice collapse speeds up glaciers The Larsen B ice shelf probably blocked the glaciers #39; progress before its collapse in 2002, but now they are able to deposit their loads more freely. | 3 |
Becks and co get the grief as Real boo boys vent frustrations The freekick was majestic, but the performance was not and if Real Madrid thought their bumpy start to the season was over with the slender win over Osasuna the supporters #39; verdict rang in their ears via regular bursts of booing. | 1 |
Sharon hints at Arafat assassination Israeli Prime Minister Ariel Sharon on Wednesday hinted at a possible assassination of Palestinian Authority Chairman Yasser Arafat. | 0 |
US Frees 11 Afghan Prisoners at Karzai #39;s Request The United States has released 11 Afghans held at Guantanamo Bay in Cuba on suspicion of Taliban links after a request from President Hamid Karzai, an Afghan official said on Wednesday. | 0 |
Disappointing Earnings Send Stocks Lower Disappointing earnings from Morgan Stanley and a new spike in oil prices sent stocks lower in early trading Wednesday as investors #39; worries over third-quarter earnings increased. | 2 |
Aviva to shift 950 jobs to India, Sri Lanka London, September 22: Britain #39;s leading insurance company Aviva on Wednesday announced plans to shift another 760 jobs to India, in addition to the 3,700 jobs already created in the country. | 2 |
Computer Associates Set for Criminal Arraignment (Update3) Computer Associates International Inc., the software maker under investigation for a \$2.2 billion accounting fraud, is scheduled to be arraigned in US criminal court today, and former | 2 |
Rovers Get Six More Months To Explore Mars As communications with Mars rovers Spirit and Opportunity improves because the planet has emerged from behind the sun (from Earth #39;s view), NASA has extended the robots #39; mission. | 3 |
Voda plays Santa with 3G bonanza Vodafone is putting its substantial weight behind a 3G push by offering ten handsets in the run up to Christmas. From November the firm will sell handsets from manufacturers including Samsung, Sharp, Sony Ericsson, Motorola, NEC and Nokia. | 3 |
Serena edges out Safina Beijing - Top seed Serena Williams advanced to the China Open quarter-finals on Wednesday, edging past Russia #39;s Dinara Safina for a thrilling 6-4 3-6 6-3 win. | 1 |
Button contract squabble delayed Jenson Button should learn his Formula One fate prior to the final race of the season in Brazil. The Contracts Recognition Board has adjourned its hearing into the messy contract affair between BMW-Williams | 1 |
US, Iraqi troops clash with insurgents in Sadr City US aircraft and tanks attacked Shiite militia positions in fierce fighting early Wednesday in Baghdad #39;s Sadr City slum, killing 10 people and injuring 92 others, hospital officials said. | 0 |
Norwich Union to move thousands of jobs abroad The insurance giant Norwich Union today announced plans to move 7,000 jobs abroad by 2007. Aviva, which owns Norwich Union, announced the transfer of the jobs - servicing its UK businesses - to an angry response from unions. | 2 |
China economy seen growing 8.8 in 2004: ADB China #39;s economy will expand 8.8 per cent in 2004 and eight per cent in 2005, but growth next year may slow to 7.2 per cent if oil prices stay at around \$40 a barrel, the Asian Development Bank said on Wednesday. | 2 |
Insurer Aviva to move 950 more jobs to India, Sri Lanka LONDON : British insurance giant Aviva announced plans to export 950 more jobs to India and Sri Lanka next year, with a total of 7,000 staff expected to be offshored by the end of 2007. | 2 |
US Airways reaches giveback deal with dispatchers Bankrupt US Airways (UAIRQ.OQ: Quote, Profile, Research) on Tuesday reached a tentative agreement on concessions with the union representing dispatchers, the company said. | 2 |
NASA funds extension of Mars rovers mission NASA has funded another extension of their mission -- an additional six months, if they last. Word from the Jet Propulsion Laboratory is that NASA has regained reliable contact with the rovers Spirit and Opportunity | 3 |
Sun intros pay-per-use grid computing Sun Microsystems yesterday introduced what it claims to be the industry #39;s first pay-per-use pricing model for grid computing architectures. | 3 |
ESPN-Star threatens legal action against Zee #39;s Chandra New Delhi, Sept. 22 (PTI): Threatening legal action, ESPN-Star Sports today demanded a quot;public apology quot; from Zee Telefilms chief Subhash Chandra, for his remarks alleging collusion between the BCCI and the sports broadcaster. | 1 |
West Indies set 132 to win Pakistan were skittled out for a paltry 131 in 38.2 overs in the second semi-final of the ICC Champions Trophy at the Rose Bowl in Southampton on Wednesday. | 1 |
Tennis: Sharapova slams Panova in Beijing BEIJING : Wimbledon winner Maria Sharapova scorched Russian compatriot Tatiana Panova 6-1, 6-1 to kick-start her campaign at the China Open and book a place in the quarter-finals. | 1 |
Soccer: Beckham gives Real a slender victory MADRID David Beckham struck with a free kick to win back some support from a furious Bernabu crowd and give Real Madrid a 1-0 victory over Osasuna in its first match since its coach, Jose Antonio Camacho resigned. | 1 |
GERRARD ALLAYS FEARS Liverpool midfielder Steven Gerrard has played down fears that he could be sidelined for up to three months after fracturing the fifth metatarsal in his left foot. | 1 |
Globetrotters wave \$1 mil at Argentina The Trotters have challenged Argentina, which defeated the United States en route to winning the gold medal, to a \$1 million winner-take-all game that would be shown on pay-per-view TV, Bloomberg news service reports. | 1 |
Iran atom stance firm TEHRAN As the European Union warned that it would not tolerate an Iran with nuclear weapons, its president, Mohammad Khatami, said Wednesday that the world must recognize its right to enrich uranium for power stations. | 0 |
Sharon Again Threatens Action Against Arafat Israeli Prime Minister Ariel Sharon has again threatened to take action against Palestinian leader Yasser Arafat. In an hour-long interview with Israel Radio he also expressed doubts about Syria #39;s planned troop redeployment in Lebanon. | 0 |
EU to end Libya arms embargo The European Union has agreed to lift an arms embargo on Libya after pressure from Italy, which said the North African country needed better equipment to tackle illegal migrants. | 0 |
Terror mastermind #39;s #39;Australian plans #39; SEPTEMBER 11 terror mastermind Khalid Sheikh Mohammed - who got a visa to Australia the month before the 2001 attacks - was planning to visit alleged terror sympathisers here. | 0 |
JOE FACES TOUGH CALLS ON JASON, ESTEBAN Yankee manager Joe Torre has some tough decisions upcoming, starting with whether to use Jason Giambi against Toronto left-hander Ted Lilly tonight. | 1 |
Morgan Stanley Profit Falls 34 Percent (Reuters) Reuters - U.S. investment bank Morgan Stanley\ on Wednesday said quarterly profit dropped 34 percent\amid reduced trading revenue, falling well short of Wall\Street's already-lowered expectations and pushing the company's\shares down more than 8 percent. | 2 |
Bear Stearns Profit Falls (Reuters) Reuters - Brokerage Bear Stearns Companies\ on Wednesday said quarterly profit fell 10 percent hurt\by lower investment banking revenue and higher expenses. | 2 |
U.S. Questions Fannie Mae Accounting (Reuters) Reuters - A U.S. government review into the\nation's No. 1 mortgage finance company, Fannie Mae ,\charges it with inappropriate accounting practices and called\into doubt past financial results, the company's board said on\Wednesday. | 2 |
France Probes Radicals Fighting in Iraq (AP) AP - Prosecutors have opened an investigation into suspicions that French Islamic radicals have gone to Iraq to fight alongside militants there, judicial officials said Wednesday. | 0 |
EU set to lift arms embargo on Libya (AFP) AFP - The European Union (EU) agreed in principle to lift an arms embargo on Libya after pressure from Italy. | 0 |
Cambodia, US to take first steps towards FTA: commerce minister (AFP) AFP - Cambodia and the United States have agreed to start negotiations that could lead to a free trade agreement after US elections this year, Commerce Minister Cham Prasidh said. | 0 |
Dow, Nasdaq, S P 500 Drop 1 Percent NEW YORK (Reuters) - U.S. stocks extended their losses on Wednesday after investment bank Morgan Stanley said quarterly profit fell, casting doubt on corporate earnings growth, while a brokerage downgrade on Cisco Systems Inc. hurt tech stocks. | 2 |
Interstate Bakeries Runs Low on Dough NEW YORK (Reuters) - Interstate Bakeries Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=IBC.N target=/stocks/quickinfo/fullquote">IBC.N</A>, maker of Hostess Twinkies and Wonder Bread, filed for bankruptcy on Wednesday after struggling with more than \$1.3 billion in debt, high costs and weak demand for bread products amid the popularity of low-carbohydrate diets. | 2 |
3 DeLay Workers Indicted in Texas (washingtonpost.com) washingtonpost.com - AUSTIN, Sept. 21 -- Three top political aides to House Majority Leader Tom DeLay (R-Tex.) were indicted Tuesday on charges of illegally raising political funds from corporations in 2002, much of which was funneled into the Republican takeover of the Texas legislature. | 0 |
U.S. Questions Fannie Mae Accounting WASHINGTON (Reuters) - A U.S. government review into the nation's No. 1 mortgage finance company, Fannie Mae <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=FNM.N target=/stocks/quickinfo/fullquote">FNM.N</A>, charges it with inappropriate accounting practices and called into doubt past financial results, the company's board said on Wednesday. | 2 |
Bear Stearns Profit Falls NEW YORK (Reuters) - Brokerage Bear Stearns Companies <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=BSC.N target=/stocks/quickinfo/fullquote">BSC.N</A> on Wednesday said quarterly profit fell 10 percent hurt by lower investment banking revenue and higher expenses. | 2 |
ConAgra Profit Falls CHICAGO (Reuters) - ConAgra Foods Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=CAG.N target=/stocks/quickinfo/fullquote">CAG.N</A> on Wednesday posted lower quarterly profits due to higher ingredient costs and the sale of its chicken and agricultural products businesses. | 2 |
Shell Plan Disappoints Investors LONDON (Reuters) - Scandal-hit oil giant Royal Dutch/Shell will invest \$45 billion over three years to boost reserves and production but its shares fell on disappointment it did not extend a stock buyback program. | 2 |
Financial Warning Sounded on Fannie Mae A long running regulatory examination of Fannie Mae has found accounting and other problems at the giant government-chartered mortgage company that raise doubts about "the quality of its management supervision" and the company's "overall safety and soundness," Fannie Mae reported this morning. | 2 |
Losses continue for Thomas Cook Tour operator Thomas Cook makes a 196m (286.7m euro) loss in the first nine months of the year but says its overall financial position has improved. | 2 |
Suicide bomber strikes Jerusalem A Palestinian suicide bomber blows herself up in Jerusalem, killing at least one other person. | 0 |
Inquiry into card interest rates The Competition Commission's inquiry into store cards, will investigate interest rates, the body announces. | 2 |
Regulators Question Fannie Mae's Accounting A government review into the nation's No. 1 mortgage finance company charges it with inappropriate accounting practices, the company's board said today. | 2 |
Bridging Hip-Hop Consumers and Suits Music entrepreneur Steve Stoute has emerged as one of Madison Avenue's surest guides to the world of young consumer spending, hip-hop style. | 0 |
FactSet Knows Cash Flow As long as you keep customers happy, the subscription business can be a cash cow. | 2 |
Iraq Turns Over Decapitated Corpse to U.S. BAGHDAD, Iraq - Iraqi officials recovered a decapitated corpse in western Baghdad on Wednesday and turned it over to the United States, which was investigating if it was the body of kidnapped American Jack Hensley - purportedly slain the day before by al-Qaida-linked militants. The discovery came as the U.S... | 0 |
Suicide Bomber Kills 1, Wounds 3 in Jerusalem A female Palestinian suicide bomber blew herself up at a bus stop in Jerusalem on Wednesday, killing one person and seriously wounding at least three others, Israeli authorities said. | 0 |
Get a PALight Workman for just #163;9 <strong>Cash'n'Carrion</strong> Budget LED torch with no compromise on quality | 3 |
Fannie Mae Financial Reports Questioned Home mortgage lender Fannie Mae on Wednesday said the Office of Federal Housing Enterprise Oversight uncovered accounting inaccuracies that raise doubts about the company #39;s previous financial reports. | 2 |
Browsing at Google Now that Google #39;s (Nasdaq: GOOG) IPO has come and gone, with differing opinions of the relative success of the Dutch auction model, it #39;s been relatively quiet over at the search engine #39;s Mountain View, Calif. | 3 |
NEWSMAKER-Cycling- #39;Other American #39; risks losing Olympic gold Waking up on the morning after he won Olympic gold in Athens, Tyler Hamilton leaped out of bed to check no one had stolen the medal from his suitcase. | 1 |
Doornbos is Jordans third driver in remaining 2004 Grand Prix Jordan Ford announces that Robert Doornbos will be the teams third driver and will drive the teams third car (39) at the Grands Prix of China, Japan and Brazil 2004. | 1 |
Gerrard: I #39;m back soon Liverpool captain Steven Gerrard has rejected newspaper reports that he will be ruled out until Christmas. Gerrard broke a bone in his foot during Monday night #39;s defeat against Manchester United at Old Trafford | 1 |
India await beaten Aussies AUSTRALIA will arrive in Mumbai tomorrow night for their pivotal Test showdown with India jarred by the disappointment of their heaviest one-day loss for two years. | 1 |
Briefly: Hello, halitosis roundup Plus: House takes on piracy, 'video voyeurism'...Verizon sets up Iobi Home...Sun makes financial pitch...PeopleSoft-Oracle trial delayed. | 3 |
Ireland blocks calls to 13 countries to thwart Net scam Ireland's telecom regulator said this week that is taking "extraordinary" measures to protect Internet users from rogue autodialer programs that hijack their modems and run up long-distance phone charges by suspending direct dialing to 13 countries, most of which are South Pacific islands. | 3 |
Shell unveils \$15bn recovery plan The Anglo-Dutch oil giant Shell today sought to draw a line under its reserves scandal by announcing plans to spend \$15bn (8.4bn) a year to replenish reserves and develop production in its oil and gas business. | 2 |
Video game giants roll out products Nintendo Co. and Sony Corp. made separate product announcements Tuesday that the video game giants hope will attract more customers ahead of the highly competitive holiday shopping season. | 2 |
Twinkies maker files for US bankruptcy protection KANSAS CITY, MO. - Interstate Bakeries, the maker of Twinkies and Wonder Bread in the United States, filed for bankruptcy protection early Wednesday. | 2 |
New Issue - Fannie Mae sells \$10.5 billion in bills Fannie Mae (FNM.N: Quote, Profile, Research) , the No. 1 US home funding company, said on Wednesday it sold \$8 billion of three-month benchmark bills due Dec. 22, 2004 | 2 |
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