| Business News |
HP in talks to buy EDS to compete with IBM
(Reuters)
 Reuters - Hewlett-Packard Co
is in talks to buy technology outsourcing company
Electronic Data Systems Corp for $12 billion to $13
billion in a deal which would vault it to a close second to IBM
in technology services.
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AIG sees no need to honor ex-CEO request to delay AGM
(Reuters)
 Reuters - Maurice "Hank" Greenberg, former chief
executive of American International Group , has said the
insurer is in "crisis" and urged a delay in its annual general
meeting scheduled for Wednesday, according to a letter he sent
to the board.
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Australia's Westpac bids $17.6 billion for St George
(Reuters)
 Reuters - Westpac Banking Corp Ltd
launched a $17.6 billion all-share bid for smaller rival St
George Bank Ltd in a tie-up that would create
Australia's biggest bank by market value.
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Nissan operating profit falls 14 percent
(Reuters)
 Reuters - Nissan Motor Co (7201.T) reported a 13.7
percent drop in fourth quarter operating profit on Tuesday and
forecast a sharp fall in annual profits this year due to a
weaker dollar, rising commodities prices and sinking U.S.
demand.
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SocGen net profit falls 23 pct, beats consensus
(Reuters)
 Reuters - Societe Generale , the French
bank hit by the world's worst rogue trader scandal, reported a
23.4 percent fall in first quarter net profit although earnings
came in above the average market forecast.
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Survey: 1 in 10 boomers borrowing for everyday expenses
(AP)
AP - The economic downturn is hitting roughly one in 10 middle-aged and older Americans especially hard, compelling them to borrow money for everyday living expenses and to seek help from family, friends or charities, according to a survey released Tuesday by the AARP.
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| Spaniard Garcia sets pace at breezy Sawgrass - 09, May 2008 |
By Mark Lamport-Stokes
PONTE VEDRA BEACH, Florida (Reuters) - Spaniard Sergio Garcia, steadily regaining confidence in his putting, took advantage of an early tee-off time to seize a two-stroke lead in the Players Championship first round on Thursday.
Seeking his first PGA Tour title in almost three years, Garcia fired a sparkling six-under-par 66 at the Tournament Players Club at Sawgrass to take control of the event widely regarded as the unofficial fifth major.
The 28-year-old piled up seven birdies, four of them in six holes, and a lone bogey in breezy morning conditions to finish two ahead of Americans Kenny Perry and Paul Goydos.
Twice champion Steve Elkington of Australia opened with a 69 to lie three off the pace, level with Britain's Ian Poulter, Swede Niclas Fasth and Americans Heath Slocum and Todd Hamilton.
On a day when the average score ballooned to 73.716, the late starters had to cope with strengthening winds and sun-baked greens as the firm, fast-running Stadium Course dried out.
Garcia, runner-up at Sawgrass last year, launched his sizzling birdie run at the par-five 11th and holed a monster putt from 40 feet before reaching the turn in four-under 32.
He picked up further shots at the second and fifth before offsetting a three-putt bogey at the eighth with another birdie at the par-five ninth, his final hole.
"The greens were very nice, very quick but rolling very, very true," a smiling Garcia told reporters after totaling 29 putts. "If you managed to put some good rolls in there, you were going to make some putts.
(c) 2008 Reuters
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| Other news from Sport category: |
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HALIFAX, Nova Scotia (Reuters) - Russia and Canada remained on a collision course at the ice hockey world championships on Monday, completing qualification round play unbeaten to take top spot in their group standings.
More
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NEW YORK (Reuters) - LeBron James led the Cleveland Cavaliers to an 88-77 home win over the Boston Celtics on Monday, tying up their Eastern Conference series at 2-2.
More
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LONDON (Reuters) - Turkish Grand Prix organizers could face sanctions after two stray dogs ran onto the Istanbul track and one was hit by Brazilian Bruno Senna's car during a support race on Sunday.
More
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NEW YORK (Reuters) - Bobby Valentine hit only 12 home runs during 10 seasons as a player in Major League Baseball, so he knows something about tough pitches.
More
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MONTREAL (Reuters) - The World Anti-Doping Agency (WADA) said on Monday it may seek $1.3 million in court costs from disgraced Tour de France winner Floyd Landis if the cyclist fails to win his appeal before the Court of Arbitration for Sport (CAS).
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ROME (Reuters) - Venus Williams will face Samantha Stosur when she returns this week after more than a month out of action after the Australian beat Michaella Krajicek 6-3 6-2 on Monday to set up a second-round encounter at the Italian Open.
More
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HAMBURG, Germany (Reuters) - Rafael Nadal said on Monday he expected to lose his world number two ranking to Serbia's Novak Djokovic by Wimbledon at the latest.
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HALIFAX, Nova Scotia (Reuters) - Finland rallied to a 3-2 win over the U.S. with the help of a phantom goal at the world championships on Sunday to set up a showdown with Canada.
More
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LAUSANNE (Reuters) - Four years after turning up at the Athens Games as a precocious bespectacled teenager, Fabian Hambuechen has now set his sights on Olympic glory.
More
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CHICAGO (Reuters) - The Chicago Cubs rallied to beat the Arizona Diamondbacks 6-4 and move into a first-place tie in the National League Central Division on Sunday.
More
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| Software News |
Microsoft software gives free tours of space
(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.
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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.
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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.
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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.
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Three Charged in Dave & Buster's Hacking Job
(PC World)
PC World - It may not have been the greatest hack ever, but police say the malicious software sneaked onto restaurant chain Dave &...
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Windows XP SP3 Woes Especially Affect AMD Systems
(NewsFactor)
NewsFactor - Users who thought the Windows XP operating system would be more reliable than its younger sibling Vista are being buffeted by reports that the latest update for XP, Service Pack 3, has its own problems.
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