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Business News
HP challenges IBM with $12.6 billion EDS deal (Reuters)

An employee walks past a Hewlett-Packard logo during the second day of the International Telecommunication Union (ITU) Telecom World 2006 in Hong Kong December 5, 2006. (Paul Yeung/Reuters)Reuters - Hewlett-Packard Co has struck a deal to buy Electronic Data Systems Corp for $12.6 billion, seeking to boost its technology services business to better compete against market leader IBM .


Wal-Mart profit up, but shares fall (Reuters)

A sign marks Wal-Mart's headquarters in Bentonville, Arkansas in this June 1, 2007 file photo. (Jessica Rinaldi/Reuters)Reuters - Wal-Mart Stores Inc , the world's largest retailer, reported a 7 percent rise in quarterly profit on Tuesday as discounts drew U.S. shoppers looking for bargains on necessities like food and pharmacy items.


Stock futures lower on banks, Wal-Mart (Reuters)

Traders work on the floor of the New York Stock Exchange, April 3, 2008. (Keith Bedford/Reuters)Reuters - Stock index futures fell on Tuesday after Oppenheimer & Co slashed its price targets on a number of brokerages and on concern about Wal-Mart Stores Inc's outlook.


Bernanke says markets healing but still not well (Reuters)

Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, April 3, 2008. (Jonathan Ernst/Reuters)Reuters - U.S. Federal Reserve Chairman Ben Bernanke said on Tuesday that emergency Fed liquidity measures have helped relieve strain in financial markets, but the recovery process remains incomplete.


Retail sales show resiliency (Reuters)
Reuters - Total sales at U.S. retailers weakened modestly in April, the government reported on Tuesday, but outside the hard-pressed auto sector they showed more resiliency than many analysts had anticipated.
Retail sales dip for second time in 2 months (AP)
AP - Consumers, battling soaring gasoline prices and a slumping economy, cut back further on their spending in April.
Judge orders CIA to turn over "torture" memo: ACLU - 09, May 2008

NEW YORK (Reuters) - A U.S. judge ordered the Central Intelligence Agency on Thursday to submit to the court a 2002 memo said to specify harsh interrogation methods used on suspected terrorists held abroad.



NEW YORK (Reuters) - A U.S. judge ordered the Central Intelligence Agency on Thursday to submit to the court a 2002 memo said to specify harsh interrogation methods used on suspected terrorists held abroad.The American Civil Liberties Union said the memo was written by the Department of Justice's Office of Legal Counsel and sent to the CIA in August 2002. The ACLU described the memo as "one of the most important torture documents still being withheld by the Bush administration."In a copy of the order posted on the ACLU's Web site, Judge Alvin Hellerstein told the government to produce the memo so he can determine whether it should be made public as part of a lawsuit the ACLU and other organizations filed in June 2004 requesting records concerning the treatment of prisoners in U.S. custody abroad.Hellerstein has scheduled a review of the document for Monday."This memo authorized the CIA to use specific torture techniques -- including waterboarding," Jameel Jaffer, ACLU's national security project director, said in a statement."CIA agents waterboarded prisoners because this memo told them that they could," he said. "The memo is being withheld not for legitimate security reasons, but in order to protect government officials from accountability for their decisions."Waterboarding is a simulated drowning technique.The ACLU said more than 100,000 pages of government documents have been released in response to its lawsuit.Among those was a declassified 2003 memo, released by the U.S. Justice Department on April 1, that justified the use of harsh interrogation methods for suspected terrorists held abroad. 





(c) 2008 Reuters
Other news from HotNews category:
  1. Lebanese army begins drive to restore order - 13, May 2008

    BEIRUT (Reuters) - Lebanon's army stepped up patrols on Tuesday as part of a drive to restore order after a week of fighting between Hezbollah fighters and pro-government gunmen.

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  2. Shi'ite gunmen in Baghdad ignore truce - 13, May 2008

    BAGHDAD (Reuters) - An agreement aimed at ending fighting in the Baghdad bastion of Iraqi Shi'ite cleric Moqtada al-Sadr was on the verge of collapse on Tuesday after gunmen launched a spate of attacks on U.S. troops.

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  3. Rain lashes Myanmar cyclone survivors - 13, May 2008

    YANGON (Reuters) - Heavy rains pelted homeless cyclone survivors in Myanmar's Irrawaddy delta on Tuesday, complicating already slow delivery of aid to more than 1.5 million people facing hunger and disease.

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  4. Clinton aims for big win in West Virginia - 13, May 2008

    CHARLESTON, West Virginia (Reuters) - Democratic front-runner Barack Obama made a quick stop in West Virginia on Monday ahead of an expected bad loss there to White House rival Hillary Clinton, but he was already looking past the contest to November's fig

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  5. Marijuana may up heart attack, stroke risk: study - 13, May 2008

    WASHINGTON (Reuters) - Heavy marijuana use can boost blood levels of a particular protein, perhaps raising a person's risk of a heart attack or stroke, U.S. government researchers said on Tuesday.

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  6. Bush heads back to Mideast amid fading peace hopes - 13, May 2008

    WASHINGTON (Reuters) - President George W. Bush heads back to the Middle East on Tuesday facing broad skepticism over his chances of securing an Israeli-Palestinian peace deal before he leaves office in less than nine months.

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  7. U.S. revives reward plan for Rwanda suspects - 13, May 2008

    WASHINGTON (Reuters) - The United States announced on Monday it had revived a program offering rewards of up to $5 million a head for information leading to the arrest of 13 suspects in Rwanda's genocide.

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  8. Lebanese army starts drive to end armed presence - 13, May 2008

    BEIRUT (Reuters) - Lebanon's army began taking steps on Tuesday to stop gunmen and groups from illegally carrying arms and to end -- by force if necessary -- a week of fighting between Hezbollah fighters and pro-government gunmen.

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  9. McCain runs strong despite low Bush ratings: poll - 13, May 2008

    WASHINGTON (Reuters) - Presumptive Republican presidential nominee John McCain remains a strong candidate despite a gloomy national mood and record low ratings for President George W. Bush, according to a Washington Post-ABC New poll released on Monday.

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  10. Two more U.S. aid flights set to fly to Myanmar - 13, May 2008

    YANGON (Reuters) - Two more American aid flights were due to leave for cyclone-hit Myanmar on Tuesday where the reclusive military government is keeping most foreign aid workers away from the devastated Irrawaddy delta.

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Software News
Study: US Corporate Software Spending Slowing (PC World)
PC World - One in four respondents to a new US corporate IT spending survey by ChangeWave Research said their company will spend less on...
Microsoft Faces Another Interoperability Complaint in Europe (PC World)
PC World - Microsoft's reluctance to make its Office suite interoperable with competing products has prompted a British government agency...
Microsoft software gives free tours of space (Reuters)

A screen grab of WorldWide Telescope's web site. (www.worldwidetelescope.org/Reuters)Reuters - Any Star Trek fan knows that space travel is not always easy, but Microsoft Corp wants to make traveling the "final frontier" as simple as turning on your computer.


SOA Software buys LogicLibrary (InfoWorld)
InfoWorld - Matching up critical components in the SOA space, SOA Software, which provides SOA governance automation, said Monday it has acquired SOA repository and governance vendor LogicLibrary.
Microsoft readies service packs for dev tools (InfoWorld)
InfoWorld - Microsoft released Monday beta versions of separate service packs for the Visual Studio 2008 software development platform and the accompanying .Net Framework 3.5, a Microsoft official said in a blog.
Google's Friend Connect To Spread Social Data (TechWeb)
TechWeb - InformationWeek - The software is part of an emerging set of technologies like OpenID, OAuth, OpenSocial, and the data access APIs published by Facebook, Google, and MySpace.