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Euro, Aussie hit by wave of profit taking post ECB - Reuters

Business News - 13 min 16 sec ago

BBC News

Euro, Aussie hit by wave of profit taking post ECB
Reuters
By Ian Chua | SYDNEY (Reuters) - The euro and commodity currencies nursed heavy losses in Asia on Thursday as investors cut bullish positions after key events including the European Central Bank's cash injection passed without surprise.
Canada's Dollar Climbs to Strongest in Five Months on ECB Loans, BalancingBloomberg
Impact Of ECB's Refinancing Operation Declining, May Be LastWall Street Journal
Banks should learn to go it aloneFinancial Times
BBC News -New York Times -MarketWatch
all 2,754 news articles »

Wikileaks and Anonymous Join Forces Against US Intelligence Community

Slashdot - 21 min 20 sec ago


pigrabbitbear writes "The most recent bombshell of confidential documents dropped by infamous watchdog organization Wikileaks is already looking to have an enormous impact on our understanding of government security practices. Specifically, intimate details on the long-suspected fact that the U.S. has been paying a whole lot of money to have private corporations spy on citizens, activists and other groups and individuals on their ever-expanding, McCarthy-style naughty list. But perhaps more importantly, the docs demonstrate something very interesting about the nature of U.S. government intelligence: They haven't really got much of it."

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GLOBAL MARKETS-US stocks fall after Bernanke remarks; gold crumbles - Reuters

Business News - 24 min 29 sec ago

Globe and Mail

GLOBAL MARKETS-US stocks fall after Bernanke remarks; gold crumbles
Reuters
* US stocks fall for 1st time in five sessions * Gold falls 5 pct, biggest drop in three years * Bernanke disappoints investors who hoped for stimulus hint * Brent crude closes February with biggest gains in a year By Barani Krishnan and Herbert Lash ...
Federal Reserve Chairman Sees Modest GrowthNew York Times
ADR Report: Shares Lower Following Bernanke RemarksWall Street Journal
Bernanke Affirms Low-Rate Pledge Without Offering Further Easing OptionsBloomberg
San Francisco Chronicle -The Associated Press -Financial Times
all 1,116 news articles »

US Was Net Oil-Product Exporter in 2011 - Bloomberg

Business News - 36 min 16 sec ago

Bloomberg

US Was Net Oil-Product Exporter in 2011
Bloomberg
Daniel Acker/Bloomberg A crude oil well site outside South Heart, North Dakota, on Feb. 10, 2012. The US exported more gasoline, diesel and other fuels than it imported in 2011 for the first time since 1949, the Energy Department said today.
NYMEX-US crude ends higher, posts gain for FebruaryReuters
Oil ends higher, logs nearly 9% rise in FebruaryMarketWatch
OIL FUTURES: Crude Ends Higher, Shrugging Off Inventory BuildWall Street Journal
San Francisco Chronicle -Economic Times -NASDAQ
all 1,957 news articles »

GM, Peugeot target savings, test history with alliance - Reuters

Business News - 36 min 49 sec ago

USA TODAY

GM, Peugeot target savings, test history with alliance
Reuters
By Ben Klayman and Laurence Frost | DETROIT/PARIS (Reuters) - General Motors Co and PSA Peugeot Citroen will form a global alliance targetting a cut in annual costs of at least $2 billion without plant closings or job cuts in Europe, ...
GM will buy 7% of Peugeot in alliance on vehicles, partsUSA TODAY
General Motors to take Peugeot stake in allianceLos Angeles Times
GM and Peugeot confirm allianceFinancial Times
Chicago Tribune -ABC News
all 599 news articles »

Michael Jordan Selling Illinois Home for $29M - BusinessWeek

Business News - 42 min 28 sec ago

Toronto Star

Michael Jordan Selling Illinois Home for $29M
BusinessWeek
By Scott Soshnick on February 29, 2012 Michael Jordan, who led the Chicago Bulls to six National Basketball Association championships during his Hall of Fame career, is selling his suburban home for $29 million. The 56000-square-foot Highland Park, ...
Michael Jordan lists suburban mansion for $29 millionChicago Tribune
9 bedrooms, full-size court: Jordan home for saleTwin Falls Times-News
For sale: Michael Jordan's Highland Park home for $29 millionLake County News Sun
The Virginian-Pilot -USA TODAY
all 298 news articles »

Wall St 2011 cash bonuses to dip 14 pct-NY official - Reuters

Business News - 54 min 49 sec ago

Politico

Wall St 2011 cash bonuses to dip 14 pct-NY official
Reuters
By Joan Gralla and Steven C. Johnson NEW YORK Feb 29 (Reuters) - Wall Street cash bonuses for 2011 fell to their lowest level in three years as volatile trading and stiffer regulations took a toll on profits, New York State's comptroller said Wednesday ...
Wall Street 2011 Cash-Bonus Pool Shrank 14% -NY State ComptrollerWall Street Journal
Hard times on Wall Street: avg. cash bonuses to drop to $121150Chicago Sun-Times
Wall Street Bonuses Drop To $19 BillionWCTI12.com
CNN -WNYC -The Associated Press
all 333 news articles »

The Inside Story of Virgin Oceanic's Mission To the Mariana Trench

Slashdot - 1 hour 6 min ago


the_newsbeagle writes "Millionaire adventurer Chris Welsh, the driving force behind Virgin Oceanic, wants to name his sub "Scarlett" after Scarlett Johansson—that's how sexy this vehicle is. Welsh plans to pilot the experimental, cutting-edge sub to the bottom of the Mariana Trench sometime this year, in what would be only the second human descent to the deepest spot in the world's oceans (the first trip down was in 1960). This inside account of the Virgin Oceanic mission describes a team fueled by ego, science, and derring-do, and explains how their high-tech sub could usher in a new kind of marine exploration. The article also tells the story of an adventure on the high seas last summer, when Welsh & co visited the trench to test some robotic deep-sea landers... and ran smack into a typhoon."

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'iPad 3': Rumors ramp up as March 7 event nears - Washington Post

Business News - 1 hour 8 min ago

Chicago Tribune

'iPad 3': Rumors ramp up as March 7 event nears
Washington Post
Apple sent out invitations Tuesday for what's expected to be an 'iPad 3' media event, and one analyst is saying that the new tablet may be “significant”thanks to rumored features. The Post's Hayley Tsukayama reports: Shaw Wu of Sterne Agee said in an ...
Apple reportedly getting ready to pay dividendChicago Tribune
Apple Dividend Seen Returning Part of $98 Billion in Cash: TechSan Francisco Chronicle
Early March Brings Apple's Newest iPadDaily Gossip
Bloomberg -Forbes
all 55 news articles »

James Murdoch quits role at UK newspaper branch - The Associated Press

Business News - 1 hour 11 min ago

The Guardian

James Murdoch quits role at UK newspaper branch
The Associated Press
LONDON (AP) — James Murdoch, his credibility diminished and his future at the helm of his father's media empire in doubt, stepped down Wednesday as executive chairman of News International, the troubled British newspaper subsidiary embroiled in a ...
James Murdoch Steps Down as Chairman of News Corp. U.K. UnitSan Francisco Chronicle
James Murdoch steps down from NIThe Guardian
James Murdoch quits as hacking claims keep comingSydney Morning Herald
Washington Post
all 1,234 news articles »

US factory, income data support growth outlook - Reuters

Business News - 1 hour 17 min ago

USA TODAY

US factory, income data support growth outlook
Reuters
* Fourth-quarter GDP growth revised to 3 percent from 2.8 percent * Consumer, business spending account for revisions * Inventory accumulation lowered, income growth raised * Midwest factory activity gauge rises to 10-month high By Lucia Mutikani ...
US grew a revised 3% in fourth quarterMarketWatch
US economy grows at 3% annual pace in Q4Economic Times
Economic growth in US better than expectedSan Jose Mercury News
DailyFinance
all 522 news articles »

Huge Jurassic Fleas May Have Fed On Dinosaurs

Slashdot - 1 hour 17 min ago


ananyo writes "Primitive fleas were built to sup on dinosaur blood in the Jurassic period, more than 150 million years ago. The potential host–parasite relationship has been uncovered thanks to a set of beautifully preserved fossils found in China. Today, the varied group of parasitic insects known as fleas frequently infests mammals and birds. But little is known about their origins. Researchers have now extended the history of the parasites by at least 60 million years. Whereas modern fleas range from 1 to 10 millimeters in length, the Jurassic and Cretaceous species were between 8 and 21 millimeters. The Jurassic and Cretaceous fleas also lacked the spring-legged, jumping specializations of modern species, and their siphoning mouthparts were armored structures studded with saw-like projections, unlike the smooth jaws of modern fleas."

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Stocks turn down despite upbeat GDP report - USA TODAY

Business News - 1 hour 33 min ago

USA TODAY

Stocks turn down despite upbeat GDP report
USA TODAY
NEW YORK (AP) – The Nasdaq composite index briefly touched 3000 on Wednesday for the first time since the collapse in dot-com stocks more than a decade ago. Stocks ended lower, but it was still the best February on Wall Street in 14 years.
Nasdaq hits 3000 but closes downFinancial Times
S&P 500 Posts Best February in 14 YearsFox Business
Nasdaq cracks 3000, but stocks fallDailyFinance
CNN
all 2,638 news articles »

Fannie Mae, BofA At Odds Over Who Dumped Whom - Forbes

Business News - 1 hour 41 min ago

Los Angeles Times

Fannie Mae, BofA At Odds Over Who Dumped Whom
Forbes
Last week, BofA said it let its deal to sell mortgages to the government-sponsored enterprise (GSE) expire due to ongoing disputes over putback claims, or the right of buyers to force sellers to repurchase shoddy mortgages under certain conditions.
Fannie Mae asks US for $4.6 billion after 4th-quarter lossLos Angeles Times
Fannie Mae to ask Treasury for $4.6bn moreFinancial Times
Fannie, Freddie Won't Write Down Mortgage PrincipalWBUR
Wall Street Journal
all 631 news articles »

'Uneven' Recovery Poses Conundrum for Fed - Wall Street Journal

Business News - 1 hour 50 min ago

Chicago Tribune

'Uneven' Recovery Poses Conundrum for Fed
Wall Street Journal
Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit ...
All areas of the country show growth, Fed reportsThe Associated Press
All areas of the US show growth, Fed reportsUSA TODAY
US Economy Grew at 3% Pace in Late 2011New York Times
MarketWatch -Bloomberg
all 406 news articles »

EFF's HTTPS Everywhere Detects and Warns About Cryptographic Vulnerabilities

Slashdot - 1 hour 53 min ago


Peter Eckersley writes "EFF has released version 2 of the HTTPS Everywhere browser extension for Firefox, and a beta version for Chrome. The Firefox release has a major new feature called the Decentralized SSL Observatory. This optional setting submits anonymous copies of the HTTPS certificates that your browser sees to their Observatory database allowing them to detect attacks against the web's cryptographic infrastructure. It also allows us to send real-time warnings to users who are affected by cryptographic vulnerabilities or man-in-the-middle attacks. At the moment, the Observatory will send warnings if you connect to a device has a weak private key due to recently discovered random number generator bugs."

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S&P 500 Logs Best Start to Year Since 1991 - CNBC.com

Business News - 2 hours 4 min ago

Moneycontrol.com

S&P 500 Logs Best Start to Year Since 1991
CNBC.com
Stocks closed in the red Wednesday as Bernanke dashed hopes for further monetary stimulus during his speech to Congress on the economy. Still, the S&P has surged 8.7 percent since January, logging its best start to the year since 1991.
US STOCKS-Wall St edges down after Bernanke but data supportsReuters
Stocks Close Mostly Lower On Late Day Weakness - U.S. CommentaryNASDAQ
Nasdaq hits 3000 for first time since 2000Financial Times
Bloomberg -BusinessWeek -San Francisco Chronicle
all 255 news articles »

Vendors Take Blame For Most Data Center Incidents

Slashdot - 2 hours 36 min ago


dcblogs writes "External forces who work on the customer's data center or supply equipment to it, including manufacturers, vendors, factory representatives, installers, integrators, and other third parties were responsible for 50% to 60% of abnormal incidents reported in a data center, according to Uptime Institute, which has been collecting data since 1994. Over the last three years, Uptime found that 34% of the abnormal incidents in 2009 were attributed to operations staff, followed by 41% in 2010, and 40% last year. Some 5% to 8% of the incidents each year were tied to things like sabotage, outside fires, other tenants in a shared facility. But when an abnormal incident leads to a major outage that causes a data center failure, internal staff gets the majority of blame. 'It's the design, manufacturing, installation processes that leave banana peels behind and the operators who slip and fall on them,' said Hank Seader, managing principal research and education at Uptime."

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The Math of Leap Days

Slashdot - 3 hours 1 min ago


The Bad Astronomer writes "We have leap days every four years because the Earth's day and year don't divide evenly. But there's more to it than that... a lot more. A year isn't exactly 365.25 days long, and that leads to needing more complicated math and rules for when we do and don't have a leap year. If you've ever wanted to see that math laid out, now's your chance, and it only comes along every for years. Except every hundred years. Except every four hundred years."

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Silver Lining For Euro: 'Carry Trade' Role Won't Add Pressure - Wall Street Journal

Business News - 3 hours 5 min ago

The National

Silver Lining For Euro: 'Carry Trade' Role Won't Add Pressure
Wall Street Journal
NEW YORK (Dow Jones)--The euro may be unloved by investors around the globe, but it's unlikely to be dragged down by the dreaded "carry trade." For years, Wall Street analysts have speculated that the euro could suffer at the hands of this investment ...
FOREX-Dollar gains vs euro, yen as Bernanke gives no QE3 signalReuters UK
Yen Rises Amid Concern Oil Rally, Greek Crisis Will Slow GrowthBusinessWeek
Yen Gains as Stocks Decline Amid Concern Oil Rally Will Slow Global GrowthBloomberg
Financial Times -San Francisco Chronicle
all 4 news articles »
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