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Business News
April retail sales barely budged: SpendingPulse (Reuters)
Reuters - Retail sales barely rose in April, as a relentless surge in gasoline prices made consumers cut back other types of spending, according to a report released on Monday.
ILFC considering split-up from insurer AIG: report (Reuters)
Reuters - International Lease Finance Corp, a unit of American International Group , is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter.
EnCana to split in two with oil at record highs (Reuters)

EnCana President and Chief Executive Officer Randy Eresman announces that EnCana, Canada's largest energy company, will be split into two energy companies in Calgary May 11, 2008. EnCana Corp said on Sunday it plans to split into two separate oil and natural gas firms in an effort to wring out more value with crude prices at record highs. EnCana, a $65 billion producer formed in a merger six years ago, said the new oil firm will operate its Alberta oil sands and U.S. refining assets, which it runs as part of a joint venture with ConocoPhillips. It will also encompass Canadian plains natural gas assets. (Todd Korol/Reuters)Reuters - EnCana Corp , Canada's biggest energy company, said on Sunday it plans to split into two separate oil and natural gas firms in an effort to wring out more value with crude prices at record highs.


Cablevision near deal to buy Newsday: source (Reuters)

The Tribune Tower in Chicago, April 2, 2007. (John Gress/Reuters)Reuters - Tribune Co is close to an agreement to sell its Newsday newspaper to Cablevision Systems Corp and an announcement could come as early as Monday, a source familiar with the situation said on Sunday.


Global stocks rise as yen eases, Aussie banks eye M&A (Reuters)

A man passes an electronic board displaying the closing price of Japan's Nikkei share average in Tokyo April 25, 2008. (Yuriko Nakao/Reuters)Reuters - Stocks recovered earlier losses on Monday, with Japan rebounding as the yen fell against the dollar and boosted exporters, and Sydney rising 1 percent on optimism over a potential bank takeover.


April retail sales barely budged: SpendingPulse (Reuters)
Reuters - Retail sales barely rose in April, as a relentless surge in gasoline prices made consumers cut back other types of spending, according to a report released on Monday.
News from Sport category:
  1. Phantom goal helps Finland overcome U.S. - 12, May 2008

    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.

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  2. Fabian Hambuechen switches his focus to Olympics - 12, May 2008

    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.

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  3. Cubs sweep Diamondbacks to share top spot - 12, May 2008

    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.

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  4. Penguins top Flyers, take 2-0 series lead - 12, May 2008

    NEW YORK (Reuters) - The Pittsburgh Penguins scored twice in the third period to beat the Philadelphia Flyers 4-2 and take a commanding 2-0 lead in the Eastern Conference finals on Sunday.

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  5. Sergio Garcia sees off Paul Goydos in Sawgrass playoff - 12, May 2008

    PONTE VEDRA BEACH, Florida (Reuters) - Sergio Garcia won the biggest title of his career, and his first on the PGA Tour in three years, with a playoff victory over American Paul Goydos at the Players Championship on Sunday.

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  6. Jazz hold off Lakers to tie series - 12, May 2008

    NEW YORK (Reuters) - The Utah Jazz held off the Los Angeles Lakers for a 123-115 overtime victory to tie up their best-of-seven Western Conference semi-final series at 2-2 on Sunday.

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  7. Djokovic beats Wawrinka to win Rome Masters - 12, May 2008

    ROME (Reuters) - World number three Novak Djokovic came back from a set down to beat unseeded Swiss Stanislas Wawrinka 4-6 6-3 6-3 and claim the Rome Masters title on Sunday.

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  8. Ronaldo and Giggs win 17th title for Man Utd - 12, May 2008

    LONDON (Reuters) - Manchester United retained the Premier League title on Sunday when they won 2-0 at Wigan Athletic and Chelsea were held 1-1 at home by Bolton Wanderers.

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  9. Eric Staal leads Canada as Ovechkin lifts Russia - 11, May 2008

    HALIFAX, Nova Scotia (Reuters) - Eric Staal scored four goals and Martin St. Louis chipped in with five assists to lift Canada to a crushing 10-1 win over Germany and a place in the world championship quarter-finals.

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  10. Mets batter Reds to give Santana first win at Shea - 11, May 2008

    NEW YORK (Reuters) - The New York Mets scored a dozen runs for the second game in a row to help lefty ace Johan Santana notch his first Mets win before the home fans at Shea Stadium in a 12-6 romp over the Cincinnati Reds on Saturday.

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  11. Paul Goydos edges ahead at Sawgrass - 11, May 2008

    PONTE VEDRA BEACH, Florida (Reuters) - Journeyman Paul Goydos held his nerve in testing conditions to edge one shot clear in the Players Championship third round on Saturday.

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  12. Red Wings take control of series - 11, May 2008

    DETROIT (Reuters) - The Detroit Red Wings beat the Dallas Stars 2-1 on Saturday to complete a sweep of their opening two home games in the best-of-seven Western Conference Finals.

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  13. Pistons nip Magic, Cavs strike back against Celtics - 11, May 2008

    NEW YORK (Reuters) - The visiting Detroit Pistons edged the Orlando Magic 90-89 on Saturday to take a commanding 3-1 lead in their best-of-seven Eastern Conference semi-final playoff series.

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  14. Dementieva ousts Ivanovic to reach Berlin final - 11, May 2008

    BERLIN (Reuters) - World number two Ana Ivanovic suffered a surprise 6-2 7-5 defeat by Elena Dementieva in the semi-finals of the German Open on Saturday.

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  15. Europeans in NHL on decline, survey says - 11, May 2008

    HALIFAX, Nova Scotia (Reuters) - The number of Europeans playing in the National Hockey League (NHL) is on the decline according to a survey released by the International Ice Hockey Federation (IIHF) on Saturday.

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  16. Djokovic and Wawrinka reach Rome final - 11, May 2008

    ROME (Reuters) - Australian Open champion Novak Djokovic and unseeded Swiss Stanislas Wawrinka will meet in the final of the Rome Masters on Sunday after their semi-final opponents retired injured on Saturday.

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  17. Padres release outfielder Edmonds - 10, May 2008

    NEW YORK (Reuters) - The San Diego Padres released former All-Star Jim Edmonds on Friday after the 37-year-old center fielder struggled during the first month of the season.

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  18. Perry takes charge at Sawgrass after Langer shines - 10, May 2008

    PONTE VEDRA BEACH, Florida (Reuters) - Germany's Bernhard Langer rolled back the years with a vintage display while American Kenny Perry eked out a one-shot lead in the Players Championship second round on Friday.

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  19. Pittsburgh win playoff opener against Flyers - 10, May 2008

    PITTSBURGH (Reuters) - The Pittsburgh Penguins won the opening game of their NHL playoff with a 4-2 victory over the Philadelphia Flyers on Friday.

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  20. Jazz overcome Lakers to keep playoff hopes alive - 10, May 2008

    SALT LAKE CITY, Utah (Reuters) - The Utah Jazz kept their playoff hopes alive with a 104-99 Game Three victory over the LA Lakers on Friday, cutting the deficit in their best of seven Western Conference semi-finals series to 2-1.

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Software News
Next generation of business software could get more fun (AP)
AP - Once upon a time, people bonded with their co-workers on office softball teams and traded gossip at the watercooler.
SAP Is The Latest Convert To Software-Plus-Services Vision (TechWeb)
TechWeb - InformationWeek - It envisions selling "component" services to its big ERP customers beginning next year.
SAP Embraces Software-Plus-Services Vision (TechWeb)
TechWeb - Intelligent Enterprise - Enterprise apps vendor envisions selling "component" services to its largest customers beginning next year.
Microsoft To Release Office 2007 SP1 Via Automatic Update In June (TechWeb)
TechWeb - InformationWeek - The strategy of rolling out service packs in phases gives the market plenty of time to evaluate the software.
U.S. v. 3,000 Microsoft Flash Drives (TechWeb)
TechWeb - InformationWeek - The devices with fake Microsoft Windows logos are just the latest in a series of goods seized by U.S. Customs and Border Protection agents.
Hackers Find a New Place to Hide Rootkits (PC World)
PC World - Security researchers have developed a new type of malicious rootkit software that hides itself in an obscure part of a...