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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.
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...