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Saudi Arabia To Boost Output as Oil Tops \$50 The Saudi announcement came after oil prices moved above the US\$50 per barrel mark. Oil analyst Deborah White at Societe General bank, said: quot;The Saudi announcement is not a surprise.
2
Industry veterans bet on open-source model A team of computer industry veterans including a former Microsoft executive are launching an open-source company that aims to be the Dell of the software industry.
2
ConocoPhillips Favorites in Lukoil Auction When a 7.6 percent stake in Lukoil - the world #39;s No. 2 oil company by reserves - goes under the auction hammer Wednesday in Russia #39;s biggest privatization, industry watchers aren #39;t expecting any surprises.
2
Silicon Still Rocks the House (washingtonpost.com) washingtonpost.com - The Internet may have forever changed the music business, but online downloads will keep playing second fiddle to compact discs for at least the next five years.
3
Cisco Extends Catalyst Switching Products for SMBs Cisco Systems has released a suite of new Cisco Catalyst switching products and services specifically designed and priced for small and medium-sized businesses (SMBs).
3
Turner to provide content for Net TV co. SAN JOSE, Calif. -- Akimbo Systems Inc., a startup that plans to deliver video over the Internet to television sets, has signed a deal for mainstream content from Time Warner Inc.
3
Munich Set to Approve Linux Despite Patent Worries (Reuters) Reuters - More than a year after the German\city of Munich declared its landmark intention to abandon\Microsoft Windows in favor of upstart rival Linux, its\councillors are finally ready to go ahead with the plan.
3
Real Madrid host AS Roma in a game of survival The Santiago Bernabeu will be under the spotlights when Real host Roma in a clash the loser of which will be in dire straits. Both sides are enjoying poor league form and injury worries as their new coaches
1
US will battle host Spaniards in Seville Madrid, Spain (Sports Network) - The United States and Spain will play their 2004 Davis Cup final on a clay court at Olympic Stadium in Seville, from December 3-5.
1
Top Seed Federer Struggles Through in Thai Opener Top seed Roger Federer toiled to beat battling Frenchman Nicolas Thomann and reach the second round of the Thailand Open on Tuesday.
1
Angels try to keep pace with A #39;s The Anaheim Angels will again try to grab a share of the division lead and further hinder the Texas Rangers chances of winning the West when the teams continue their four-game series at Ameriquest Field in Arlington.
1
Dodgers hope to trim magic number to 2 The Los Angeles Dodgers hope to move a step closer to clinching the NL West when they continue their four-game series with the Colorado Rockies.
1
Abducted CNN Producer Released in Gaza GAZA CITY, Gaza Strip Sept. 28, 2004 - An Israeli Arab who works as a producer for the TV network CNN was released Tuesday, a day after he was kidnapped at gunpoint, relatives and Palestinian police said.
0
More Arrested in Pakistan Following Killing of Al-Qaida Leader Pakistani security forces have arrested more suspected militants in a series of raids following Sunday #39;s killing of a top al-Qaida leader and the arrest of two of his aides.
0
Who Governs the West Bank? Who Governs the West Bank? Palestinian Administration under Israeli Occupation,* the latest report from the International Crisis Group, examines that system, which faces its most acute crisis since the Oslo process was launched in 1993.
0
Munich Set to Approve Linux Despite Patent Worries FRANKFURT (Reuters) - More than a year after the German city of Munich declared its landmark intention to abandon Microsoft Windows in favor of upstart rival Linux, its councillors are finally ready to go ahead with the plan.
3
Delta to Cut Execs, Workers Pay by 10 Pct CHICAGO (Reuters) - Delta Air Lines <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=DAL.N target=/stocks/quickinfo/fullquote">DAL.N</A> on Tuesday said it would reduce the pay of executives and frontline employees by 10 percent as of Jan. 1 as part...
2
Mirant subsidiary settles CFTC pricing manipulation claims ATLANTA A Mirant Corporation subsidiary has agreed to pay 12-and-a-half (M) million dollars to settle government claims. The federal government accused the bankrupt Atlanta-based energy supplier of trying
2
Court Rules Against Europe's Antitrust Chief in MCI Case The European Commission was wrong to block the proposed \$120 billion merger four years ago between MCI WorldCom and Sprint, a European court ruled today.
2
Briefly: Ex-HP exec joins StreamServe board roundup Plus: Credit union beefs up database security...Computer scientists slam e-voting machines..."The Sims 2" hits 1 million sales.
3
Ex-HP exec joins StreamServe board Peter Blackmore, who lost his job at Hewlett-Packard in August, is now a director of the board for the Swedish software company.
3
Industry veterans bet on open-source model A former Microsoft executive and other tech bigwigs fund SourceLabs, an open-source start-up focused on maintenance and support.
3
Fuel price flying off the handle The airline industry is expected to lose as much as \$4-b in 2004 due to the high fuel costs, despite an increase of about 19 in international passenger traffic so far this year.
2
Amazon, Microsoft team for spam suits com September 28, 2004, 8:37 AM PT. 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.
2
Lowe #39;s Builds High Expectations Either there is a reliable crystal ball somewhere in Lowe #39;s (NYSE: LOW) corporate boardroom, or management of the home improvement retailer feels quite confident about its prognostication skills.
2
S amp;P Lowers Ratings on BellSouth, SBC On September 28, 2004, Standard amp; Poor #39;s Ratings Services lowered its ratings on regional Bell operating companies (RBOCs) BellSouth (BLS ) and SBC Communications (SBC ) and their jointly-owned affiliate, Cingular Wireless.
2
ConocoPhillips hands-down favorite in Lukoil auction MOSCOW Houston-based ConocoPhillips is seen as the front-runner in an auction for a stake in the Russian oil company Lukoil. A seven-point-six percent stake in the world #39;s Number Two oil company by reserves
2
Dawn of the Terabyte DVD Using a novel new approach, scientists at the Imperial College in London are on the path to optical storage that dwarfs the capacities of current DVD #39;s and even upcoming, blue laser-based discs.
3
FCC TO VOTE ON DIGITAL TV PLAN September 28, 2004 -- Michael Powell, chairman of the Federal Communications Commission, plans to hold a vote this year on a proposal to require US television broadcasters such as Viacom Inc.
3
Arsenal midfielder Gilberto out with back injury LONDON, Sep 28 (SW) - Arsenal FCs Brazilian midfielder Gilberto has been ruled out of action for no less than a month with a back injury.
1
Djorkaeff in Blackburn Talks Youri Djorkaeff is in talks with Blackburn, according to the Frenchman #39;s agent. The 36-year-old has been at Ewood Park discussing a move, but nothing has yet been agreed and it is understood that no medical has taken place yet.
1
Italian Hostages Released in Iraq Italian Prime Minister Silvio Berlusconi confirmed on Tuesday that two female Italian aid workers who had been taken hostage in Iraq had been released and turned over to the Italian Red Cross.
0
Blair gives partial Iraq apology Tony Blair has offered his Labour party a partial apology for waging war in Iraq, striving to pull angry supporters behind him ahead of an election next year.
0
Jordan king: Iraq unsafe for poll Jordan #39;s King Abdullah says only extremists will gain if Iraqi elections go ahead as planned in January. In a text distributed in advance of an interview with the French daily newspaper
0
Trojan horse exploits image flaw Infected pictures that could implant a back door into a Windows computer have been spotted on Usenet.
3
Morgan Stanley Is Fined \$100,000 by NASD Morgan Stanley was slapped with a \$100,000 fine from regulators on Monday after the investment bank failed to tell municipal bond investors that their holdings could be redeemed before the maturity date.
2
Motorola to cut 1,000 jobs worldwide Motorola Inc. is laying off 1,000 employees in conjunction with its upcoming chip unit spinoff and ongoing efforts to reduce operating costs, the company said Tuesday in a regulatory filing.
3
Panasonic Readies Speedy SD Cards New line of flash memory cards will transfer data twice as fast as current cards.
3
News: Terrorists grow fat on email scams Organisations such as al-Qaeda, ETA en PKK are copying Nigerian scams to fund terrorism, two Dutch experts told Dutch daily De Telegraaf this week.\
3
Security firm hires writer of worms (SiliconValley.com) SiliconValley.com - Here's one way for a company to get noticed in the crowded world of Internet security: Hire someone whose r eacute;sum eacute; is topped off with a job title "virus author."
3
Nokia delivers 3G network expansion to MTC in Bahrain (AFP) AFP - Nokia, the world's largest mobile phone maker, said it would provide telecom network equipment to MTC in Bahrain with the aim of rolling out third generation 3G mobile services across the Gulf state by the end of 2004.
3
Start-up strives for open-source compatibility (SiliconValley.com) SiliconValley.com - A new Seattle start-up called SourceLabs seeks to solve a longstanding problem with the popular open-source software movement: Components often don't talk with each other.
3
Greek plane lands in Ireland in second bomb alert in three days (AFP) AFP - An Olympic Airlines plane bound for New York was diverted to Ireland following a bomb alert, just three days after the Greek carrier was rocked by a similar incident, airport officials said.
0
Tiny Crawford Newspaper Endorses Kerry (AP) AP - A weekly newspaper that bills itself as President Bush's hometown paper endorsed John Kerry for president, saying the Massachusetts senator will restore American dignity.
0
Delta Announces Details of Wage Cuts ATLANTA Sept. 28, 2004 - Delta Air Lines Inc. is cutting the pay of executives, administrative staff and some other employees by 10 percent, increasing the shared cost of health care coverage and making
2
Centene will buy FirstGuard for \$93M Centene Corp. has agreed to buy FirstGuard Inc. from Swope Community Enterprises for about \$93 million in cash and enter the Missouri and Kansas markets.
2
A bowling alley for Christmas? If that doesn #39;t make your gift fantasy come true, you could also hope for a \$20,000 custom-fitted suit of armor. The two items are just a sampling of the ultimate fantasy gifts featured in luxury retailer
2
Delta Air to Cut Pay 10 Percent for Most Workers (Update1) Delta Air Lines Inc. said it will cut pay 10 percent for executives and most other employees to help reduce costs as the company tries to avoid filing for bankruptcy protection.
2
An optical disk that could store the whole Simpson saga! LONDON: This one is surely good news for Simpsons #39; fans. Physicists at Imperial College London are developing a new optical disk that could store all 350 scheduled episodes of The Simpsons , totalling 8,080 minutes of film.
3
Defense, IT Companies Form Standards Group The five top US defense contractors, communications companies joined on Tuesday with some European rivals to develop technology standards that will allow better communication among future weapons systems.
3
CDs to Dominate for Years Over Net Downloads-Study The compact disc has at least another five years as the most popular music format before online downloads chip away at its dominance, a new study said on Tuesday.
3
New OSes, applications from PalmSource PalmSource has been busy lately, and has now announced updates to both of its OS lines as well as a new web browser and OTA installer.
3
Gilberto out at least one month London, England (Sports Network) - Arsenal midfielder Gilberto Silva will be shut down for at least one month as he attempts to recover from a back injury.
1
Expos #39;set for DC switch #39; Major League Baseball is set to confirm that the Montreal Expos will move to Washington for the 2005 season, according to reports.
1
Colorado Rockies Team Report - September 28 (Sports Network) - The Colorado Rockies continue a four-game series versus the NL West-leading Los Angeles Dodgers tonight at Dodger Stadium.
1
NBA Ratifies Referees Five-Year Contract (AP) AP - NBA referees have entered into a five-year collective bargaining agreement with the league, removing the possibility of having replacement officials work the upcoming season.
1
FIFA to Discipline for Doping Sanctions (AP) AP - The soccer federations of France, Italy and the Netherlands will be disciplined by FIFA, which cited them for being lax on drug infractions.
1
Italian Hostages in Iraq Released DOHA, September 28 (IslamOnline.net amp; News Agencies) - The hostage crisis in Iraq saw a breakthrough Tuesday, September 28, as the two Italian female hostages in Iraq have been released, hours after three others, including an Egyptian, were also freed.
0
Mush says situation with India encouraging #39;, Manmohan sincere : India News gt; Paris, Sept 28 : Pakistan President Pervez Musharraf has said that the ongoing peace process with India was encouraging.
0
Turin Unveils Mascots as Countdown Begins ROME (Reuters) - Italy revved its marketing engine on Tuesday with the unveiling of two frosty-faced mascots for the 2006 Winter Olympics.
1
Index Funds Can Be a Great Tool (AP) AP - If you've got better things to do than pour over the finer points of your stock portfolio, and you don't care to study the performance records and investing styles of mutual fund managers, chances are you've invested in an equity index fund.
2
Nigeria Threat Pushes Oil Over \$50 Bbl LONDON (Reuters) - Oil prices raced to new record highs above \$50 on Tuesday as rebel threats against Nigerian oil facilities threatened to inflict further strain on global supplies.
2
All 50 States Post Personal Income Growth WASHINGTON (Reuters) - U.S. personal incomes rose 1.5 percent in the second quarter of 2004, the fastest pace of growth in more than three years, as income gains sped up in 33 states, the Commerce Department said on Tuesday.
2
Stocks Rise, Led by Oil, Metal Companies NEW YORK (Reuters) - U.S. stocks gained on Tuesday as rising oil and other commodity prices drove up shares of major energy and metal producers.
2
Delta to Cut Employee Pay 10 Percent CHICAGO (Reuters) - Delta Air Lines Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=DAL.N target=/stocks/quickinfo/fullquote">DAL.N</A> on Tuesday said it will reduce executive and employee pay by 10 percent starting in January and its CEO will go ...
2
Stocks Rise, Led by Oil, Metal Companies NEW YORK (Reuters) - U.S. stocks edged higher on Tuesday as rising oil and other commodity prices drove up shares of major energy and metal producers.
2
Confidence Index Drops, So Do Treasuries CHICAGO (Reuters) - U.S. Treasury prices fell on Tuesday in profit-taking after a weaker-than-expected consumer confidence index failed to punch key yields below recent lows.
2
Delta cuts executive, staff pay by 10 Cost cuts are part of its effort to avoid bankruptcy; CEO will skip salary for the remainder of #39;04. CHICAGO (Reuters) - Delta Air Lines said Tuesday it would reduce the pay of executives and frontline employees by 10 percent as of Jan.
2
AtheroGenics Shares Jump on Early Data Shares of drug company AtheroGenics Inc. opened up 81 percent Tuesday morning and remained at high levels after the company revealed promising clinical data late Monday for a drug to treat hardening arteries.
2
Local Bank Buys Florida Banks Montgomery-based Colonial BancGroup Incorporated has agreed to buy Union Bank of Florida for about 233 million dollars. In a statement Tuesday, Colonial says Union Bank operates 18 branches and holds 687 million in total deposits.
2
UPDATE 1-Nextel to sell half of its 18 percent stake in NII Nextel Communications Inc. (NXTL.O: Quote, Profile, Research) plans a public offering of 6.2 million shares of mobile phone service provider NII Holdings Inc.
2
Wachovia faces possible SEC action SEC may take civil action against the bank #39;s brokerage unit on improper mutual fund trading charges. NEW YORK (Reuters) - Wachovia Corp.
2
Genetic Analysis Could Reveal Origin Of Ivory Scientists led by Samuel Wasser of the University of Washington collected manure samples in areas inhabited by African elephants. The geneticists isolated DNA from the manure and transferred it into the database.
3
Amazon, Microsoft Sue Spammers, Phishers Amazon.com and Microsoft Tuesday announced that they had joined forces to put spammers and phishing scammers in new legal crosshairs.
3
CDs #39;will dominate music market #39; The CD will stay the most popular music format until at least the end of the decade when digital music will begin to challenge its crown, says a new survey.
3
PalmSource #39;s BlackBerry effort bears fruit This fourth priority #39;s main focus has been improving or obtaining CRM and ERP software for the past year and a half. PalmSource said on Tuesday that it is releasing the e-mail application interface needed
3
Dolly creator seeks human cloning One of the creators of Dolly the sheep, the world #39;s first mammal cloned from an adult, said Tuesday he was seeking permission to create cloned human embryos for medical research.
3
Officials open training camp Sunday NEW YORK -- NBA referees have entered into a five-year collective bargaining agreement with the league, removing the possibility of having replacement officials work the upcoming season.
1
Snow and ice: Olympic mascot for Turin Olympics Two cartoon characters named Neve and Gliz, representing a ball of snow and block of ice, are the mascot for the 2006 Turin Winter Olympics.
1
San Francisco #39;s #39;Candlestick #39; Now #39;Monster Park #39; San Francisco renamed its most storied sports stadium quot;Monster Park quot; on Tuesday, in a deal that trades \$6 million from an electronics cable company for the name to Candlestick Park.
1
Canadians Fret as Americans Forget About Lockout When NHL commissioner Gary Bettman announced on September 15 that the league had failed to reach a new Collective Bargaining Agreement (CBA) and would lock out the players it drove an icy spike through the hearts of hockey-mad Canadians.
1
Arafat steps in to help hostage as Brown calls Blair to order LONDON - Palestinian leader Yasser Arafat has pledged to help efforts for the release of Kenneth Bigley, the British hostage held captive in Iraq, the civil engineer #39;s brother says.
0
Stocks show early strength Bargain hunting is sending stock prices higher even as oil futures top 50 dollars per barrel. The Dow Jones Industrial Average is up 29 points in today #39;s early going.
2
Consumer confidence declines for second straight month in <b>...</b> NEW YORK, September 28 (newratings.com) - The US Consumer Confidence Index declined for the second consecutive month in September this year, primarily driven by the persisting deterioration in the consumers #39; outlook for the job market ...
2
The CD is king Sales of downloaded digital music in Europe will continue to grow steadily in the next five years, but will not replace the CD anytime soon.
3
New Network Consortium Cites Power Of Shared Systems A group of 28 IT, defense and integration companies formed a new consortium to develop technology standards and guidelines that will aid collaboration among military, intelligence, homeland security and law enforcement agencies.
3
Russia is Fourth Country for Windows XP Starter Edition Microsoft this week announced that it #39;s expanding its Windows XP Starter Edition into Russia. The company said that it hopes to get the software to PC OEMs in Russia and the Commonwealth of Independent States by early 2005.
3
AOL Targets Mobile IM America Online is building alliances with mobile phone manufacturers and wireless carriers in an effort to build its share of the emerging mobile instant-messaging market.
3
Freescale Unveils Dual Core Processor Architecture How about an embedded processor that #39;s designed to deliver a quantum leap in performance and system bandwidth while keeping power in check?
3
Beckham and Owen fit the bill for Real David Beckham has recovered from a virus and is expected to take his place in the Real Madrid starting line-up for tonight #39;s Champions League Group B clash with AS Roma.
1
Mascots for Turin Winter Olympics unveiled Two cartoon characters named Neve and Gliz, representing a ball of snow and block of ice, are the mascot for the 2006 Turin Winter Olympics.
1
Snow and ice: Olympic mascot for Turin Olympics ROME - Two cartoon characters named Neve and Gliz, representing a ball of snow and block of ice, are the mascot for the 2006 Turin Winter Olympics.
1
Ralf Rangnick hired as Schalke coach Ralf Rangnick was named head coach of Schalke on Tuesday, taking over the German Bundesliga team from Jupp Heynkes, who was sacked two weeks ago.
1
Motorola trimming 1,000 jobs Motorola Inc. says it #39;s cutting about 1,000 jobs, or about 1 percent of its workforce, as it winds up its spinoff of Austin-based chip company Freescale Semiconductor Inc.
2
Israeli Troops Kill Unarmed Palestinian The violence in the occupied territories continued Tuesday as Israeli troops shot dead an unarmed Palestinian described by witnesses as mentally handicapped.
0
Delta to Cut Executive Pay by 10 Percent The airline also announced today that it was increasing the shared cost of health care coverage and as part of its plan to avoid bankruptcy.
2
Crude futures rise above \$43 a barrel as markets look to OPEC <b>...</b> Crude oil futures prices rose above \$43 a barrel Monday after an attack at the US consulate in Saudi Arabia and amid growing concerns that OPEC may try to firm-up oil prices after last week #39;s sharp sell-off.
2
Nutraceutical Is Still Very Healthy The company's stock has had a rough few months, but the business still looks strong.
2
The Power of Pensions A guaranteed check for life is a beautiful thing. Unfortunately, that beauty is fading.
2
Organizers Call Off Blue-Gray Classic (AP) AP - The Blue-Gray All-Star Classic has been called off for the second time in three years because officials couldn't find a corporate sponsor for the Christmas Day showcase for aspiring NFL players.
1