• Microsoft warns about rise in computer viruses worldwide

  A Microsoft security expert said that computer viruses are on a rise worldwide once again after years of being less popular amongst computer attackers. In a report by Fox news, the security expert Tim Rains said that although viruses were less chosen to attack systems by hackers nowadays as they used other forms of threats, but recently Microsoft security has observed that viruses are on a rise ...

• US Energy Revolution Gathers Pace

  The growing role of the U.S. in world energy markets was underlined on Friday as the Obama administration approved wider exports of liquefied natural gas and international companies committed billions of dollars for new infrastructure. The developments were both consequences of ...

• Northeast Japan Jolted by Earthquake

  two nuclear plants in Fukushima reported no new irregularities after the quake, Kyodo news agency said. Onagawa nuclear plant in Miyagi prefecture further north also detected no irregularities, operator Tohoku Electric Power Co said. In Miyagi prefecture, where the shaking was the strongest, there were no information on injuries, Kyodo added. The United States Geological Survey recorded the ...

• Wall Street Week Ahead Correction talk gets old as rally sails along

  .SPX gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get ...

• China April housing inflation quickens to two year high

  BEIJING (Reuters) - China's housing inflation accelerated to its fastest pace in April in two years, driven by a jump in prices in Beijing and Shanghai, complicating the task of policymakers trying to cool the property sector while supporting economic ...

• Wine what to buy at Tesco

  wine . But given that it has 25% of the UK market, one in four of us is likely to be shopping there at any one time.I have well-rehearsed issues with the company myself - the way it bumps up prices to create phoney half-price offers, though it's far from alone in that; the pressure it puts on its suppliers; the fact that the wines I'm most enthusiastic about are often available in only ...

• The womenswear buyer of Asos offers her tips for your summer wardrobe

  Emma Fox, womenswear buying director of Asos: 'This year, dungarees are looking like the major festival trend.' Photograph: Maja Daniels for the ...

• EU To Ban Refillable Olive Oil Bottles

  Refillable olive oil bottles in eateries across Europe are set to be banned, to stop restaurateurs topping them up with cheaper substitutes. The European Commission said that from 2014, restaurant customers will only be allowed to use oil from non-refillable bottles with proper content labelling. EU spokesman Olivier Bailly said the move is being initiated because consumers often get ...

• Npower feels the heat after accusations of UK tax avoidance

  Npower has become the latest firm to feel the heat of a mass consumer boycott after thousands of its gas and electricity customers said they plan to switch supplier to protest at its tax affairs.In April, chief executive officer Paul Massara revealed in the House of Commons that his company had paid almost no corporation tax between 2009 and 2011.When it later emerged that the energy giant had ...

• RBS and NatWest fees revamp penalises authorised borrowers

  Millions of NatWest and Royal Bank of Scotland current account customers are to be hit with new charges of up to 72 a year - on top of the interest they must pay - if they go overdrawn by more than just a tenner.RBS, which is 82% owned by taxpayers, is introducing an arranged overdraft fee on 12 July. Some customers with such overdrafts might be annoyed to learn that this fee is in effect being ...

• QA Post Office current accounts

  current accounts . It is promising "a fair and transparent way to manage your money", with no hidden charges, and its entry into the market is likely to be welcomed by some of those looking for a more ethical home for their cash.However, ...

• More reports of Emirates delays

  we featured the case of JL, from Sheffield who complained that Emirates airline had failed to compensate her for long delays she suffered on a flight to Australia as a result of changing planes in Dubai. The flight leaving the UK was delayed, causing her to miss the onward Emirates leg to Sydney; she eventually arrived 12 hours late.The problems occur ...

• Positive economic news extends stock market rally

  NEW YORK - Encouraging news about the U.S. economy extended the stock market's rally Friday.Small-company stocks rose the most, a sign that investors are taking on more risk. Two companies soared in their stock-market debuts in the latest indication that the market for initial public offerings is reviving.A gauge of future economic activity rose more than analysts had expected, as did a ...

• Financial Times Hacked By Syria Group

  The website and Twitter account of the Financial Times have been hacked, apparently by activists who support the Syrian government. The Syrian Electronic Army claimed responsibility for the attack, in which the hackers published messages in support of President Bashar al Assad and posted a link to a YouTube video. "Syrian Electronic Army Was Here," the group boasted on one of the ...

• Exclusive EU cites Chinese telecoms Huawei and ZTE for trade violations

  By Daniel BasesNEW YORK (Reuters) - Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines.European Union Trade Commissioner Karel De Gucht said he was prepared to launch a formal investigation into anti-competitive behaviour by these Chinese ...

• Peace plan at Morgans

  Billionaire investor Ron Burkle extended an olive branch to a fellow director of Morgans Hotel Group yesterday in hopes of reviving a bungled plan to take over the hotel chain’s posh Delano property in Miami’s South Beach neighborhood. A lawyer for Burkle’s private-equity firm, Yucaipa, laid out a plan to let the angry director, Jason Kalisman, take the lead in a controversial ...

• Yahoo falls for Tumblr

  Yahoo! is considering up to a $1 billion bid for Tumblr, the company that was founded by CEO David Karp and is headquartered in the Flatiron District, according to reports.Word of a potential deal was first reported yesterday by AllThingsD and Adweek.A billion-dollar price tag for the blogging platform that hosts more than 100 million sites would be a reflection of how far New York has come in ...

• Voice axes Musto Feingold

  Turmoil continued to grip the Village Voice yesterday with the bouncing of two of its most well-known columnists - Michael Musto, who had penned the gossipy La Dolce Musto for 20 years, and veteran theater critic Michael Feingold.Feingold, a staffer for 30 years, is expected on Monday to host the Obies, the off-Broadway theater awards sponsored by the Voice. "I’m still trying to ...

• Cohen clamming up as Feds circle

  Steve Cohen and Uncle Sam are no longer going steady.The hedgie’s SAC Capital yesterday said it will no longer "unconditionally" cooperate with the government’s insider-trading probe. In a brief letter to investors, the $15 billion hedge fund described the coming months as critical, saying it expects "substantially more clarity" into the probe’s impact on ...

• Facebook trying to find its Waze

  Facebook’s negotiations to buy mapping firm Waze are being held up by geography, The Post has confirmed.Waze founders are holding out for more money from Facebook because they need some sweetener if they are going to be forced to move from Israel to Silicon Valley as part of the deal, according to a source with knowledge of the negotiations.CEO Mark Zuckerberg has been trying to buy Waze, ...

• Restaurants Fear Tough Drunk-Driving Law

  NTSB Recommends Toughening Drunken Driving Standard ) "It could have a chilling effect on sales," said Paul Gatza, the director of the Brewers Association, a trade group that represents small American brewers. For restaurants that serve alcohol, beer sales generally account for about 10 to 20 percent of their revenue while wine and spirits make up another 10 to 20 percent, Gatza said. ...

• Big banks provide cash for payday loans

  Fast cash is a few clicks away for Minnesotans at the popular CashNetUSA website, where a two-week loan for $100 carries an annual percentage rate of about 390 percent. To many critics, the terms are outrageous and usurious. But they are typical in the world of high-cost short-term consumer loans, or payday lending, and legal in Minnesota. In fact, the business is supported by some of the ...

• New Microsoft CFOs compensation package disclosed

  Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Janet I. ...

• Open thread for night owls Stephen Lerner on breaking Wall Streets grip

  [T]o build a new anti-poverty movement will require the kind of organizing and actions that are as creative, visible and gripping as the Occupy Wall Street movement. Enter Stephen Lerner. Lerner is a labor and community organizer who has spent more than three decades organizing hundreds of thousands of janitors, farm workers, garment workers and other low-wage workers into unions. These ...

• Oil prices rise on encouraging economic data

  Oil prices extended rally Friday on upbeat US economic data as well as positive performance in US commodity markets.US consumer confidence surged to a six-year high in May thanks to a rising stock market and cheaper gas prices, the monthly Thomson Reuters/University of Michigan index of consumer sentiment reported Friday.The preliminary reading of the consumer sentiment rose to 83.7 in May from ...

• China April home prices rise 4.9 percent Reuters calculation

  BEIJING (Reuters) - Average new home prices in China's 70 major cities rose 4.9 percent in April from a year earlier, according to Reuters calculations based on official data published on Saturday, marking the fourth straight month of year-on-year ...

• St. Paul microlender NDC boosts small entrepreneurs

  Daymn Johnson set up his St. Paul barbershop with a microloan from the Neighborhood Development Center. Here, Johnson gave his son Daymn Jr. a ...

• Wells Fargo leads bank foreclosure halt after OCC guidance

  Wells Fargo & Co., the biggest U.S. home lender, halted some foreclosure sales until it can understand new federal guidelines on seizures sent to the nation's large and midsize banks. The rules from the Office of the Comptroller of the Currency dated last month laid out minimum standards that must be met before a foreclosed home can be sold. Citigroup Inc. also said Friday it's ...

• Donaldson results miss expectations

  The dull global economy and falling currencies in Europe and Japan are cutting into sales at Donaldson Co., which reported a lackluster third quarter Friday that missed Wall Street expectations. ...

• UnitedHealth slow to fix military care backlog Pentagon says

  UnitedHealth Group Inc. is failing to meet terms of a $20.5 billion military contract, causing lingering delays to medical care, a Pentagon official said. The backlogs occurred ...

• Report finds Gen Xers lost almost half their wealth in recession questions retirement savings

  NEW YORK - A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession. The study found that members of Generation X, who are now between 38 and 47 years old, lost almost half their wealth between 2007 and 2010. Young baby boomers, who are between ...

• Bulls Will Drive Market but Bernanke Is Steering

  Federal Reserve Board Chairman Ben Bernanke listens during a meeting of the Financial Stability Oversight Council at the Treasury Department in Washington, ...

• NYSE cancels irregular trades in Anadarko stock Bloomberg

  Trading in the shares of the $45.15 billion company plunged to trade at 1 cent per share shortly before markets closed on Friday. The stock gained back its losses and closed up 2.5 pct $90.03 on the New York Stock ...

• Yahoo to vote on $1.1 billion Tumblr buy AllThingsD

  SAN FRANCISCO (Reuters) - Yahoo Inc's board will meet on Sunday to vote on whether to offer $1.1 billion in cash for New York-based blogging service Tumblr, tech blog AllThingsD cited sources close to the situation as saying on ...

• CORRECTED-UPDATE 2-Investor group calls on SEC to review change in JPMorgan voting

  Fri May 17, 2013 9:08pm EDT (Changes "letter" to "call" in eighth paragraph) By David Henry NEW YORK May 17 (Reuters) - Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase & Co cut off the bank's opponents from polling information. The Council of Institutional ...

• Village Voice tosses veteran columnists Musto Feingold

  Turmoil continued to grip the Village Voice today, with owners of the free weekly axing two of its most well-known columnists - Michael Musto, who had penned the gossipy La Dolce Vita for 20 years, and veteran theater critic and 2009 Pulitzer Prize finalist Michael Feingold.Feingold was a staffer for 30 years. "As of next week, veteran gossip columnist Michael Musto and longtime theater ...

• Mugabe’s party accuses Coca Cola of promoting rival party ahead of election

  A man waits to obtain his national identity card during a voter registration drive in Harare ahead of the general election. Photograph: Philimon ...

• San Diegos export potential problematic

  The choice is not whether we compete but whether we do it well or not, and the cost or risk of competing poorly is falling behind. San Diego is faced with trade-related infrastructure capacity constraints in four of the five ways to move people and goods in and out of the region, forcing us to depend upon the increasingly constrained infrastructure located in the greater Los Angeles area. To ...

• Northrop Grumman lands $555.6 million contract

  Northrop Grumman's San Diego division has been awarded a two-year Air Force contract potentially valued at $555.6 million to modernize its Global Hawk unmanned aerial vehicles, the Defense Department ...

• San Diego firms report March quarter results

  Envision Solar, a San Diego maker of solar tree structures for parking lots and other uses, posted lower sales and larger loss for the quarter ended March 31 compared with the prior ...

• Europe investors bow to Africa Asia in U.S. real estate deals

  The panel analyzing capital investment in U.S. real estate, from left, were: John R. Miller, Charles H. Fedalen Jr., Christopher R. Ludeman, J. Michael Stedman and Jon H. ...

• Seattles Tableau goes from bedroom startup to Wall Street darling

  The data-visualization company burst onto the public markets Friday with a steller public offering, jumping 64 percent to close at $50.75, up from its initial $31 price. Nearly 100 employees were in New York to celebrate while parties were held at its offices, including its headquarters in Fremont. Ten years earlier the future wasn't so clear, though Chief Executive Christian Chabot ...

• Lloyds’ shares rise above break-even level raising hopes for sell-off of taxpayers’ stake

  The prospect of the Government getting rid of its stake in Lloyds moved closer yesterday as shares in the bank broke the level set as the break-even price for ...

• Kudlow The Only Fix for IRS Mess

  When you get right down to it, the political targeting and stalling of tax-exempt applications by the IRS was an effort to defund the Tea Party. Rick Santelli, one of the Tea Party founders and my CNBC colleague, was the first to make this point. I've taken it a step further: The IRS was taking the Tea Party out of play for the 2012 election, as it looked to avoid a repeat of 2010 and ...

• This Week on Wall Street 517

  BOSTON (CBS) – How high can the markets go? Dave Caruso from Coastal Capital in Danvers looks into that question as he reviews the Week on Wall Street, with WBZ's Anthony ...

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