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Marbury Powers U.S. Over Spain; Coaches Square Off ATHENS (Reuters) - Officials had to separate the U.S. and Spanish coaches when an argument erupted at the end of the game as the United States beat Spain 102-94 in the Olympic men's basketball quarter-finals Thursday.
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Krispy Kreme Profit Drops, Stock Hammered NEW YORK (Reuters) - Krispy Kreme Doughnuts Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=KKD.N target=/stocks/quickinfo/fullquote">KKD.N</A> on Thursday reported a sharp drop in quarterly profit and signaled that business may not recover any time soon, sending its shares down more than 17 percent in pre-market trading.
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Two Investment Banks Settle with SEC WASHINGTON (Reuters) - Deutsche Bank Securities Inc. and Thomas Weisel Partners agreed to pay a combined \$100 million to settle charges involving conflicts of interest between research and investment banking, U.S. regulators said on Thursday.
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Deal draws 3G battle lines AUSTRALIA #39;S telecommunications players have chosen sides in the pending war to win consumers to the new generation of mobile phones.
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Business
Radcliffe leave its late for 10,000 metres decision (AFP) AFP - British marathon flop Paula Radcliffe is leaving it until the last before deciding whether or not to run in the Olympic 10,000 metres.
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Marbury Powers U.S. Over Spain, Coaches Square Off ATHENS (Reuters) - Officials had to separate the U.S. and Spanish coaches when an argument erupted at the end of the game as the United States beat Spain 102-94 in the Olympic men's basketball quarter-finals Thursday.
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Iraq Oil Exports Cut in Half After Attack BASRA, Iraq (AP) -- A sabotage attack on a cluster of about 20 oil pipelines in southern Iraq has cut exports from the key oil producing region by half, a top oil official said Thursday.
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EU Probes Microsoft-Time Warner Deal On 12 July, Microsoft and Time Warner, both US companies, sought clearance under the European Union #39;s Merger Regulation for plans to jointly acquire ContentGuard.
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Glaxo Settles Paxil Suit With NY Attorney General (Update1) GlaxoSmithKline Plc, Europe #39;s largest drugmaker, said it settled a lawsuit filed by New York Attorney General Eliot Spitzer, who accused the drugmaker last June of withholding safety data on the antidepressant Paxil.
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Business
Spirits Boost Brown-Forman Profit Brown-Forman Corp. (BFb.N: Quote, Profile, Research) , which sells products ranging from Jack Daniels whiskey to Lenox china, on Thursday posted a better-than-expected 67 percent jump
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Two Investment Banks Settle with SEC Deutsche Bank Securities Inc. and Thomas Weisel Partners agreed to pay a combined \$100 million to settle charges involving conflicts of interest between research and investment banking, US regulators said on Thursday.
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Datawest shares soar on bid by Open Solutions Shares of Datawest Solutions Inc. (DS.TO: Quote, Profile, Research) rose on Thursday after the Canadian maker of software for banks said it would be bought by rival Open Solutions Inc.
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UPDATE 1-Argentina loan review delayed, talks continue The International Monetary Fund said on Thursday the third review of Argentina #39;s \$13 billion loan program was delayed but both sides were still talking.
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Business
Brazil Jobless Falls to 7-Month Low Brazil #39;s unemployment rate fell in July for the third straight month to a seven-month low of 11.2 percent and wages rose, underscoring the strengthening economy, official data showed on Thursday.
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Business
Microsoft Reprimanded for Misleading Linux Ad A UK advertising watchdog group has ordered Microsoft to change an ad that compares the costs of running Linux and Windows operating systems.
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Sci/Tech
EDWARD C. BAIG Steve Jobs is a master when it comes to figuring out ways to help the masses savor songs digitally. Now Apple #39;s boss is counting on a new lightweight mobile base station called AirPort Express to continue to bang the drum for digital music.
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Sci/Tech
Carter leads Kiwi 1-2 punch in Athens Hamish Carter and fellow Kiwi Bevan Docherty shook off the long-shot Swiss youngster, Sven Riederer, with 800 meters to go, then had a friendly duel to the line for Olympic gold on Thursday.
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US Women Win Bronze Medal in Water Polo Center fielder Ellen Estes scored three goals including the decider to help the United States beat Australia 6-5 Thursday in the Olympic women #39;s water polo bronze medal game.
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Boumsong support for McLeish Jean-Alain Boumsong has come out in full support of Alex McLeish following Rangers #39; exit from the Champions League on Wednesday.
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Sports
Top Shiite cleric arrives in Najaf to broker peace Iraq #39;s top Shiite cleric made a dramatic return to this violence-wracked city on Thursday aiming to broker a peace deal to end more than three weeks of devastating fighting between US forces and Shiite militants.
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Linux group aims for Google-like search KDE developers are crafting a search engine for the desktop, but don't look for it just yet.
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News: 'Electronic Jihad' fails to materialise Rumours that the Internet would witness a sustained and devastating cyber-attack by Islamic "cyber-terrorists" today have turned out to be completely baseless.\
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Weak GM, Ford Sales Spur Production Cuts? DETROIT (Reuters) - Hurricane Charley's damaging path through Florida and the growing ineffectiveness of sales incentives caused U.S. car and trucks sales to slip in August, raising the likelihood of costly cuts in vehicle production, analysts said.
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Colo. State Rep. Concedes in House Primary (AP) AP - After a 16-day delay while ballots were counted, a state representative Thursday conceded to the state's former state natural resources chief in the tight GOP primary for the 3rd Congressional District.
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Russian Air Crash Flight Recorders May Not Help MOSCOW (Reuters) - Investigators examined flight recorders Thursday from Russia's mystery double air crash in which 89 people died, but one official doubted they would be of any use.
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Darfur Rebels Say Power Deal First, Disarming Later ABUJA, Nigeria (Reuters) - Rebels from Sudan's Darfur region Thursday rejected calls to disarm or confine their fighters to their bases before a political solution to the conflict.
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Prosecutors seize Yukos records Russian prosecutors seize financial documents for the last two years from oil producer Yukos, raising fears of fresh tax demands.
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Pinochet loses immunity Chile's Supreme Court strips Augusto Pinochet of immunity, paving the way for a possible trial on human rights abuses.
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Ditech's Business on Speed Dial Ditech makes the cell phone experience clearer -- and makes for a happy experience for investors.
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Business
Bush, McCain Discuss Ads by Outside Groups LAS CRUCES, N.M. - President Bush wants to work with Republican Sen...
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Poll: Presidential Race Movement Limited WASHINGTON - Voters are so deadlocked on their choice for president that the campaigns will need to focus on keeping the intensity of support high and turning them out on Election Day, according to pollsters who conducted a bipartisan survey. The overall race between Democrat John Kerry and President Bush, a Republican, remains deadlocked...
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Intel Gives Centrino Chip Line a Wireless Upgrade SAN FRANCISCO (Reuters) - Intel Corp. <A HREF="http://www.reuters.co.uk/financeQuoteLookup.jhtml?ticker=INTC.O qtype=sym infotype=info qcat=news">INTC.O</A> on Thursday said it has upgraded the wireless networking capabilities of its Centrino line of notebook computer chips to allow broader network access with improved security.
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Sci/Tech
Drugs Giant to Go Public on All Clinical Trials British pharmaceuticals giant GlaxoSmithKline today agreed to make public information about all its clinical drug trials following accusations that it misled doctors about the safety of an anti-depressant for children.
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Business
US weekly jobless claims rise The US Labor Department said Thursday the number of workers filing first-time applications for unemployment benefits rose by 10,000 last week.
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Merck Disagrees With Vioxx Analysis Pharmaceutical company Merck amp; Co. quot;strongly quot; disagreed Thursday with the conclusions of a Food and Drug Administration-funded study that said use of the company #39;s arthritis pain reliever Vioxx increased the risk of heart attack.
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Business
Deutsche Bank, Thomas Weisel settle research charges SAN FRANCISCO (CBS.MW) -- Deutsche Bank (DB) and Thomas Weisel Partners settled a Securities and Exchange Commission investigation into alleged conflicts of interest over the firms #39; research and investment banking activities.
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Business
Smithfield #39;s 1Q Profits Beat Outlook Pork processor Smithfield Foods Inc. said Thursday that improved profitability in the hog production segment, combined with strong results in pork, offset lower earnings in the beef segment to push first-quarter profits above revised expectations.
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Business
Argentina visit will be big test for new IMF head Rodrigo Rato visits Argentina next week in a key test for the IMF #39;s new head as strains grow with the fund #39;s third biggest borrower after the government made a risky gamble to halt its loan program.
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UK #39;Ministry of Porn #39; crackdown p2pnet.net News:- UK civil servants have been fired and quot;disciplined quot; in a crackdown on Net porn at work, says Britain #39;s The Sun newspaper here.
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Sci/Tech
Vodafone, Nokia Team Up to Simplify Mobile Software Mobile phone giants Vodafone and Nokia teamed up on Thursday to simplify software for cell phones written with the Java computer language that promises to bring cheaper, smarter handsets.
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Server Shipments Defy Pessimism in the Market Global server sales rose nearly 8 percent in the second quarter, compared to the same period last year, according to new data from Gartner.
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CA shareholders back management over bonuses issue AUGUST 26, 2004 (IDG NEWS SERVICE) - Computer Associates International Inc. avoided a revolt at its annual meeting yesterday, when shareholders voted down a proposal requesting that the company #39;s board adopt
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Siemens Warns Loud Phone Tune Could Damage Hearing Mobile phone tunes are considered by many to be a curse of modern life, but for users of some Siemens handsets they could be a positive hazard to health, the German engineering giant warned on Thursday.
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IBM buys content integration vendor To help its customers get a handle on all the data scattered across their enterprises, IBM Thursday announced plans to acquire Venetica, a privately held company that makes content integration software.
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Teenage bullies thrive in cyberspace The fight started at school, when some eighth-grade girls stole a pencil case filled with makeup that belonged to a new classmate, Amanda Marcuson, and she reported them.
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Sci/Tech
Jana vows to rise from the rubble ATHENS was hit by an earthquake named Fani Halkia yesterday and Jana Pittman was left crying in the rubble of her shattered dreams.
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New Zealand wins gold, silver in triathlon They battled over the final three kilometers before Carter pulled ahead for a victory by just under eight seconds. Carter covered the three-event competition in one hour, 51 minutes, 7.73 seconds.
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Gardner takes his bronze and retires Rulon Gardner defeated Iran #39;s Sajad Barzi, 3-0, in overtime in the 264-pound division of Greco-Roman wrestling at Ano Liossia Olympic Hall.
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Rezazadeh reigns as world #39;s strongest man The quot;Iranian Hercules quot; Hossein Rezazadeh extended his reign as the world #39;s strongest man this morning, defending his super-heavyweight Olympic weightlifting gold medal with a jaw-dropping display of strength.
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US women win bronze in water polo Athens, Greece (Sports Network) - Ellen Estes scored the game-winning goal with just 2:20 remaining, leading the United States women #39;s water polo team to a 6-5 victory over Australia in the bronze medal match Thursday.
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No place for Anelka or Silvestre in Domenech #39;s squad to face <b>...</b> France coach Raymond Domenech named his 20-man squad Thursday for upcoming 2006 World Cup qualifying matches against Israel and the Faroe Islands.
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IBM buys content integration developer IBM Corp. has agreed to acquire content integration software maker Venetica Corp., a move that continues IBM's pattern of snapping up its business partners to augment its software portfolio.
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'Phishing' Scam Now Lures German Banking Clients (Reuters) Reuters - Two clients of Germany's Postbank\(DPBGn.DE) fell for an e-mail fraud that led them to reveal\money transfer codes to a bogus Web site -- the first case of\this scam in German, prosecutors said on Thursday.
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Weak GM, Ford Sales Spur Production Cuts? (Reuters) Reuters - Hurricane Charley's damaging path\through Florida and the growing ineffectiveness of sales\incentives caused U.S. car and trucks sales to slip in August,\raising the likelihood of costly cuts in vehicle production,\analysts said.
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Texans LB Bell Placed on Injured Reserve (AP) AP - The Houston Texans placed inside linebacker Marcus Bell on injured reserve Wednesday with a shoulder injury he suffered last weekend in a game at Pittsburgh.
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Brent Crude Falls to \$40 LONDON (Reuters) - London Brent crude fell briefly through \$40 on Thursday for the first time in three weeks, extending heavy losses to a fifth session as renewed exports from Iraq and higher-than-expected U.S. gasoline inventories encouraged big-money funds to take profits.
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Canada's TD Buys Banknorth for \$3.8 Bln TORONTO (Reuters) - Toronto-Dominion Bank <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=TD.TO target=/stocks/quickinfo/fullquote">TD.TO</A> made a much-anticipated push into U.S. retail banking on Thursday, announcing it would acquire a majority stake in Banknorth Group Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=BNK.N target=/stocks/quickinfo/fullquote">BNK.N</A> for \$3.8 billion.
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American Hoopsters No One's Dream Anymore ATHENS (Reuters) - The days of U.S. domination of the Olympic basketball tournament are over and so, it appears, is the fans' love affair with the American Dream Team.
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Sports
Africa puts hope in Darfur talks as Sudan dismisses UN ultimatum (AFP) AFP - Sudan's government defiantly dismissed a UN deadline for it to disarm its proxy militia in the Darfur region, insisting it would resolve the conflict there through ongoing African Union peace talks.
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Ranks of Poverty-Stricken, Uninsured Rise The number of Americans living in poverty increased by 1.3 million last year, while the ranks of the uninsured swelled by 1.4 million, the Census Bureau reported Thursday.
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UK Launches Own Case Against Cleric Sought by U.S. LONDON (Reuters) - British anti-terrorism police arrested Thursday Muslim cleric Abu Hamza al-Masri who was already jailed in London under a U.S. arrest warrant.
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Deutsche Bank Paying \$87.5M Settlement Deutsche Bank Securities has agreed to pay \$87.5 million to settle allegations that it issued stock research that was biased by its investment-banking business, regulators announced Thursday, as part of a crackdown on conflicts of interest on Wall Street.
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Business
Fred #39;s profit down after June and July disappoint Discount retailer Fred #39;s Inc. (FRED.O: Quote, Profile, Research) on Thursday said second-quarter profit fell, hit by increased markdowns, higher diesel fuel costs and other factors, sending its shares down almost 19 percent.
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Business
Career Education falls 7 pct after news report Shares of Career Education Corp. (CECO.O: Quote, Profile, Research) fell on Thursday, after a newspaper said a grand jury probe was launched that could result in criminal charges against the company.
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Business
Update 1: Official Threatens BofA on State Funds The state treasurer has threatened to withdraw some state funds from Bank of America because of job cuts and other moves following its acquisition of Fleet Boston Financial Corp.
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Business
Target janitorial provider settles overtime claim Global Building Services Inc., a Newhall, Calif.-based company that provided janitorial services to Target stores in California, Arizona, Nevada and Texas, has agreed to pay \$1.
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Business
IBM Brings High-Performance Computing to Houston (Ziff Davis) Ziff Davis - The company's third supercomputing center will focus on the energy industry.
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Sci/Tech
Motorola, DoCoMo to make 3G phones for businesses Motorola and NTT DoCoMo, Japan #39;s top mobile phone operator, plan to jointly develop third-generation handsets, giving Motorola a way into a market largely out of reach for foreign manufacturers.
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Minister #39;sickened #39; by staff web porn use The pensions minister has condemned hundreds of his staff for using the internet at work to view pornography, including images of children.
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Microsoft Ordered to Pull Anti-Linux Ad The British watchdog agency charged with monitoring fairness and accuracy in advertising has ordered Microsoft to pull print ads comparing the total cost of ownership of Linux and Windows.
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Intel Gives Centrino Chip Line a Wireless Upgrade Intel Corp. (INTC.O: Quote, Profile, Research) on Thursday said it has upgraded the wireless networking capabilities of its Centrino line of notebook computer chips to allow broader network access with improved security.
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Sci/Tech
Everton rejects Rooney bids from Man Utd, Newcastle Everton said Thursday it has rejected Manchester United #39;s bid for star striker Wayne Rooney and Newcastle #39;s revised offer for the same player.
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Sports
Andrey Moiseev: One verstatile guy Andrejus Zadneprovskis of Lithuania got the silver. Libor Capalini of the Czech Republic won the bronze. Modern pentathlon combines shooting, fencing (one duel against every other competitor
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Sports
Chile #39;s Supreme Court lifts Pinochet #39;s immunity from prosecution SANTIAGO : Chile #39;s Supreme Court lifted the immunity from prosecution of former dictator Augusto Pinochet, who faces criminal charges over the disappearance of political opponents during Operation Condor.
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World
10:16 am: Hungary #39;s designated prime minister must wait a month <b>...</b> The millionaire businessman Hungary #39;s Socialists have chosen as this country #39;s next prime minister, will have to wait a month before he can be formally
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World
UK Launches Own Case Against Cleric Sought by U.S. LONDON (Reuters) - British police launched their own terrorism case Thursday against a Muslim cleric already jailed in London under a U.S. arrest warrant.
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Chechnya Bans Masks, to Open Fire on Infringers MOSCOW (Reuters) - Police in the Russian region of Chechnya have new orders to open fire on anyone wearing a mask, the local interior minister was quoted as saying Thursday.
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World
Satellite fault shuts train doors A satellite system which automatically opens train doors has failed, leaving passengers stuck on board.
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Russia: Terrorism Leading Theory on Plane Crashes A top Russian official said Thursday that flight recorders failed to provide reliable information about what brought down two jetliners just minutes apart, but for the first time a government leader conceded that terrorism was considered the leading possibility.
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Briefly: Cisco reports access control server flaws roundup Plus: Toshiba tinkers with Wi-Fi for TV...Music promoter offers concert downloads...WS-I tackles Web services attachments.
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Mobile hard drive carries Linux The drive, loaded with the open-source OS, can be plugged into the USB port of any computer to turn it into a Linux machine.
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Cisco reports access control server flaws Hackers could exploit the vulnerabilities to launch DOS attacks and bypass user authentication on the servers.
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HP to lead consumer launch with branded iPod Friday product launch to put music player at forefront of effort to make once-stodgy printer manufacturer "cool."
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GlaxoSmithKline settlement with NY includes drug study info <b>...</b> A lawsuit filed by New York State Attorney General Eliot Spitzer against GlaxoSmithKline over charges that the pharmaceutical company withheld information about the safety and effectiveness of Paxil has been settled.
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Business
German business circle shows pessimism on growth German business confidence dropped in August, reflecting concerns about economic recovery in the country, a survey made by a leading economic institute showed Thursday.
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Business
Nasdaq chief comments on NYSE controversey HOUSTON -- The New York Stock Exchange could have avoided the controversy over former chief Richard Grasso #39;s \$187.5 million pay package if it had faced more competition, the head of the Nasdaq Stock Market said Wednesday.
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Business
New Windows XP update #39;huge #39; If Microsoft Corp. possessed the panache of Apple Computer Inc., it would have named the new Windows XP operating system release after a fabulous feline, as in Jaguar or
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Sci/Tech
Balancing P2P and Copyright Infringement Internet file sharing, commonly referred to as peer-to-peer (P2P) networking, allows individuals to trade copies of their digital files over the Internet.
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Vodafone and Nokia team up on software Mobile phone giants Vodafone and Nokia have teamed up to simplify software for cell phones written with the Java computer language that promises to bring cheaper, smarter handsets.
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Mobile hard drive carries Linux Peripheral maker LaCie released on Thursday a mobile hard drive loaded with, MandrakeSoft #39;s version of the Linux operating system.
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Sci/Tech
This isn #39;t same Lion Heart, trainer says Trainer Patrick Biancone says the Lion Heart who will try to get 1 1/4 miles in Saturday #39;s Travers is not the same Lion Heart who failed to get the same distance in the Kentucky Derby 17 weeks ago.
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Sports
Kufa Shelled As Iraqi Shiite Cleric Leaves For Najaf Shiite cleric Ayatollah Ali Hussien al-Sistani has begun a trip to the city of Najaf to help bring an end to the fighting there. Once he arrives, he plans to lead a peace march.
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World
Thatcher charged over coup plot SIR Mark Thatcher could face 15 years in jail after being charged yesterday with helping to finance a mercenary plot to topple the head of an oil-rich African state.
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Iraq oil line attacks spark price rise fear THERE were fresh fears over petrol prices today after saboteurs attacked a number of pipelines in southern Iraq. The latest attacks add further pressure on petrol companies to raise prices at the pumps in order to protect their investment.
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Nokia, Vodafone Collaborate on Mobile Java Nokia and Vodafone announced they will team up for a mobile service architecture initiative, with the aim of simplifying mobile Java standards.
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Server shipments and revenue increase The latest Gartner figures show that both server shipments and revenue increased in Q2 as Hewlett-Packard and IBM lost market share to Sun and Dell.
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25 killed in mortar attacks on Kufa mosque: World News Najaf, Aug 26 : At least 25 people were killed and over 60 wounded when mortars slammed into a mosque where thousands of supporters of radical Shia cleric Moqtada al-Sadr had gathered in the southern Iraqi town of Kufa Thursday, Xinhua reports
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Typhoon Aere kills 34; thousands evacuated from coastal areas in <b>...</b> SHANGHAI, China Typhoon Aere (EYE #39;-ray) is tearing through mainland China where nearly a (m) million people have been ordered to leave their homes.
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World
Jets Trying to Forget Last Giants Game (AP) AP - Don't remind any of the New York Jets about their last meeting with the local rival Giants. The Jets' season pretty much fell apart that Saturday night last summer when Chad Pennington broke his right wrist.
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Sports
Nasdaq Down, Dow Flat NEW YORK (Reuters) - U.S. technology stocks fell in light trading on Thursday after a brokerage cut its forecast for the semiconductor industry, while blue chips were flat as a continued drop in oil prices eased investor worries.
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