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Stocks End Higher as Oil Eases NEW YORK (Reuters) - U.S. stocks finished higher on Friday, as investor worry about high fuel costs crimping consumer spending and hurting company profits eased after crude oil prices fell from their peak.
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Business
Swimming: Fifth Gold, Seventh Medal for Phelps ATHENS (Reuters) - Michael Phelps won his fifth gold medal at the Athens Olympics Friday to claim a place alongside Mark Spitz as one of the greatest swimmers in Olympic history.
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Bush Spending Spree Continues, More Cash to Burn (Reuters) Reuters - President Bush's campaign spent\ #36;45.8 million in July, the bulk of it on advertising, but he\still had about #36;32.5 million left to spend before he accepts\his party's nomination next month, according to a filing\released on Friday.
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Swimming: Shibata Joins Japanese Gold Rush ATHENS (Reuters) - Ai Shibata wore down French teen-ager Laure Manaudou to win the women's 800 meters freestyle gold medal at the Athens Olympics Friday and provide Japan with their first female swimming champion in 12 years.
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Congo Former Foes Head to S.Africa for Talks KINSHASA, Democratic Republic of the Congo (Reuters) - Former rebels and loyalists now in Congo's transitional government headed to South Africa on Friday for talks on reviving the country's shaky peace process and improving regional security, officials said.
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Blast at Police Post in Nassiriya, Three Dead NASSIRIYA, Iraq (Reuters) - A blast ripped through a police station in the town of Nassiriya in southern Iraq on Friday, killing three police and wounding others, police said.
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UN warns of Sudan refugee exodus Some 30,000 Sudanese refugees might cross into Chad to escape persecution by Arab militia, the UN warns.
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Miami Struggles on Offense The Redskins on Saturday will face a Dolphins team facing a number of issues on offense.
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Phelps to Forgo Final Race of Olympics ATHENS, Greece - Michael Phelps is done for the Olympics. Shortly after winning his fifth gold medal and seventh overall, Phelps told U.S...
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IRS: Rose Owes Nearly \$1M in Unpaid Taxes MIAMI - Pete Rose is back in trouble with the Internal Revenue Service, which says the baseball great owes nearly \$1 million in unpaid taxes. The IRS filed a federal tax lien in Broward County on Tuesday alleging that baseball's all-time hits king owes \$973,693.28 in back taxes from 1997 to 2002...
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World
Spectrum of Stormy Saturn Seeing Saturn in different wavelengths gives mission scientists a new and stormy picture of weather on the gas giant. While the view in ultraviolet highlights the stratosphere, the view in infrared shows swirling patterns from rotating cloud bands...
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Sci/Tech
DNA Project May Reunite Adoptees with their Parents By MITCH STACY SARASOTA, Fla. (AP) -- Linda Hammer has helped thousands of adoptees find birth families through her people-finding Web site, weekly radio show and newspaper column...
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Sci/Tech
Drag-and-drop flaw mars Microsoft's latest update An independent researcher finds an Internet Explorer vulnerability that could turn drag-and-drop into drag-and-infect.
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Report: Consumers tuning in to plasma TVs Shipments go up, prices go down...with more of the same on the horizon.
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Sci/Tech
'Doom 3' Game Unlikely for Xbox This Year - Id CEO (Reuters) Reuters - The Xbox version of "Doom 3," the\long-awaited PC video game recently released to wide acclaim,\is not likely to be released in 2004 dealing a blow to\enthusiastic game players who are anxiously awaiting it.
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Federal Court Rules for P2P Networks (NewsFactor) NewsFactor - A federal appeals court has ruled that two peer-to-peer online music-sharing networks, Grokster and StreamCast, are not liable for the illegal swapping of copyrighted music and other entertainment files on their networks.
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Sci/Tech
Apple Recalls 28,000 PowerBook Batteries Due to Overheating Concern (NewsFactor) NewsFactor - Apple (Nasdaq: AAPL) has issued a warning related to potential problems with the\batteries in some 28,000 of its 15-inch PowerBook G4 laptop computers,\telling customers that the batteries may pose a fire hazard due to\overheating.
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Nokia Taps Ex-Coke Exec for Branding Help (NewsFactor) NewsFactor - On the heels of -- and perhaps in response to -- its recent struggles with declining market share, mobile-handset maker Nokia (NYSE: NOK) has signed former Coca-Cola executive Keith Pardy to head up its branding efforts. Pardy, a 17-year Coke veteran, was vice president of the company's non-cola branding efforts.
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Microsoft Gets Good Grades on SP2 (NewsFactor) NewsFactor - Microsoft's (Nasdaq: MSFT) Service Pack 2 for Windows XP is one of the company's most ambitious operating system updates ever, and -- as expected -- some experts already have discovered security vulnerabilities in the giant patch.
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The CRM Money Pit - Part 4 (NewsFactor) NewsFactor - Over the course of this five-part series, CRM Daily examines areas that tend to develop into financial black holes for companies launching or updating a CRM project.
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BlackBerry in Sync with Apple (NewsFactor) NewsFactor - Information Appliance Associates is offering an application that links the \BlackBerry mobile e-mail platform with Mac OS X, further extending BlackBerry's considerable reach.
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Sci/Tech
Dolphins Ask Williams for #36;8.6 Million (AP) AP - The Miami Dolphins have asked Ricky Williams to return #36;8.6 million they say the running back owes the team because he has decided to retire.
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Sports
'Doom 3' Game Unlikely for Xbox This Year - Id CEO NEW YORK (Reuters) - The Xbox version of "Doom 3," the long-awaited PC video game recently released to wide acclaim, is not likely to be released in 2004 dealing a blow to enthusiastic game players who are anxiously awaiting it.
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Reds' Graves Placed on DL With Sore Back (AP) AP - Cincinnati Reds closer Danny Graves was placed on the 15-day disabled list Friday because of lower back spasms that flared up during his last outing.
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Sports
Swimming: Phelps Wins Fifth Gold, Seventh Medal ATHENS (Reuters) - Michael Phelps clinched his fifth gold medal and became the first man since Mark Spitz to hold four individual Olympic swimming titles when he won the 100 meter butterfly final Friday.
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Sadr Militia Still Controls Iraq Shrine -- Witnesses NAJAF, Iraq (Reuters) - Shi'ite fighters appeared to be in control of a holy shrine in Najaf Friday hours after Iraq's interim government said it had overcome a bloody uprising by seizing the Imam Ali mosque without a shot being fired.
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Vagrant Killings Raise Fears of Brazil Death Squad SAO PAULO, Brazil (Reuters) - The beating to death of four vagrants and the battering of several others in downtown Sao Paulo have raised suspicions of death squads as crime soars in this vast South American city, officials said on Friday.
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Belgium impounds Ukraine plane A Nato-chartered Ukrainian cargo plane is detained in Brussels after a court ruling in a financial dispute.
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Bush Aide Says White House Is Not Linked to Anti-Kerry Ad The president's spokesman said the White House had nothing to do with accusations John Kerry lied about his military service.
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Kerry Says Bush Ignores 'Average Folks' CHARLOTTE, N.C. (AP) -- Democratic presidential candidate John Kerry on Friday traced North Carolina's job loss over the past four years to President Bush's fixation on tax cuts for the wealthy and indifference to the needs of everyday Americans.
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Online sales continue to rise, up 23.1 from a year ago While they're still a sliver of overall U.S. retail sales, retail online sales continued to rise in the second quarter of the year to \$15.7 billion, according to figures released today by the U.S. Department of Commerce.
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Sci/Tech
J.D. Edwards users still aren't sold on PeopleSoft's takeover Based on interviews with J.D. Edwards users and an informal poll conducted by Computerworld, PeopleSoft has yet to win over the new customer base it inherited after buying its former competitor one year ago.
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Sci/Tech
Possible security breach seen at AOL An AOL user who logged on to check his online financial portfolio was given access to someone else's data and is calling on AOL to correct what he sees as a security breach. AOL acknowledged an "issue," but said corrective action has been taken.
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Former Microsoft COO: Intelligence overhaul means crushing 'fiefdoms' Ending turf battles and "fiefdoms" will be as important as IT investments if the U.S. intelligence community is to be successfully overhauled, said Bob Herbold, former executive vice president and COO at Microsoft.
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Reports criticize DHS for lack of progress on IT The GAO and the Department of Homeland Security's inspector general have issued critical reports about IT at the DHS -- a development that calls into question whether a proposed consolidation of U.S. intelligence agencies would lead to the same kinds of problems.
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Oracle moves to monthly patching schedule After coming under criticism for sitting on patches for multiple holes in its database software, Oracle has announced that it will move to a monthly patch release schedule, though it hasn't said when.
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Sci/Tech
New Download.Ject worm variant appears A new version of the Download.ject worm has begun spreading on the Internet, according to security firm PivX.
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Reporter's notebook: HP World users disdain offshore support move This week's HP World is over, and users at the event had a lot of things on their minds.
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Tech industry split in its political donations Tech industry political action committees and employees from computer and Internet companies have contributed just over \$1.6 million to President George Bush, and almost the same amount to Democratic challenger Sen. John Kerry.
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More money for fuel cells Neah Power Systems, which develops fuel cells for notebooks, raises \$12 million in venture funding.
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Phelps Adds New Olympic Triumph (Reuters) Reuters - American teen-ager Michael Phelps, one\of the superstars of the 2004 Athens Games, added a seventh\medal Friday night to his collection of Olympic keepsakes but\new doping scandals tarnished world sporting's greatest event.
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N.S. submariner recalls harrowing experiences in career spent underwater (Canadian Press) Canadian Press - HALIFAX (CP) - As Sam Jennings started to regain consciousness, he saw the dark smoke billowing through his submarine.
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White House Says It Is Not Behind Attack Ads (Reuters) Reuters - President Bush and a top\adviser have long-standing ties to people behind advertisements\claiming Sen. John Kerry lied about his war record, but the\campaign denied any part in the ads on Friday and criticized\Kerry for "losing his cool."
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IRS: Rose Owes Nearly \$1M in Unpaid Taxes MIAMI - Pete Rose is back in trouble with the Internal Revenue Service, which says the baseball great owes nearly \$1 million in unpaid taxes. The IRS filed a federal tax lien in Broward County on Tuesday alleging that baseball's all-time hits king owes \$973,693.28 in back taxes from 1997 to 2002...
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Stocks Edge Higher As Oil Prices Fall NEW YORK - A welcome slide in oil prices set off a relief rally on Wall Street Friday, with stocks posting a healthy advance as crude approached but then fell back from the \$50 a barrel mark. The major indexes all ended the week higher...
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FCC Issues Rate Freeze for Phone Networks (Reuters) Reuters - U.S. communications regulators on\Friday issued interim rules that would freeze for six months\the wholesale rates for leasing access to the major U.S. local\telephone networks.
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Business
Stocks Jump as Oil Retreats from High NEW YORK (Reuters) - U.S. stocks jumped higher on Friday, as investor worry about high fuel costs crimping consumer spending and hurting company profits eased after crude oil prices fell from their peak.
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Business
General Growth to Buy Rouse for \$7.2 Bln NEW YORK (Reuters) - General Growth Properties Inc. on Friday said it would buy Rouse Co. for \$7.2 billion, adding such swank shopping centers as Chicago's Water Tower Place and Boston's Fanueil Hall to what is already the nation's second largest mall portfolio.
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Business
United Air Raises Fuel Surcharge NEW YORK (Reuters) - UAL Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=UALAQ.OB target=/stocks/quickinfo/fullquote">UALAQ.OB</A> , the parent of United Airlines, said on Friday it would raise its existing \$10 each-way fuel surcharge by an additional \$5 due to soaring fuel costs.
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Business
SEC Proxy Access Plan Stalled WASHINGTON (Reuters) - More than 10 months after moving boldly to boost the power of U.S. shareholders in choosing corporate directors, the Securities and Exchange Commission has become mired in disagreement.
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Business
Kerry takes legal action against Vietnam critics (AFP) AFP - Democratic White House hopeful John Kerry's campaign formally alleged that a group attacking his Vietnam war record had illegal ties to US President George W. Bush's reelection bid.
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U.S. Treasury Prices Edge Lower NEW YORK (Reuters) - U.S. Treasury prices edged lower on Friday as oil prices retreated from record highs, but trading was thin as a dearth of data prompted many investors to take off for an early weekend.
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Briefly: More money for fuel cells roundup Plus: Linux release features Windows support...Gmail delivered to desktops...Chinadotcom mobile services suspended...Maker of disposable RFID tags gets millions...Mitsubishi expands solar production.
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Sci/Tech
UAL Wins OK for Exclusivity Extension (Reuters) Reuters - A U.S. bankruptcy court judge on Friday\approved a 30-day exclusivity extension for United Airlines,\giving the carrier another month to file its own reorganization\plan without competing plans from creditors.
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Business
Gas stoppage may have caused deadly Belgian blast: TV report (AFP) AFP - A Belgian gas explosion in which 20 people were killed may have resulted from a combination of a halt in the gas circulation in a pipeline and existing damage to the main, Belgian television said.
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UAL Wins OK for Exclusivity Extension CHICAGO (Reuters) - A U.S. bankruptcy court judge on Friday approved a 30-day exclusivity extension for United Airlines, giving the carrier another month to file its own reorganization plan without competing plans from creditors.
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Business
McGahee Pressures Bills According to the Associated Press, second-year running back Willis McGahee has asked the Buffalo Bills to trade him if he is not named the starter for opening day.
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Sports
Briefly: Glitches hit some EarthLink-hosted sites roundup Plus: More money for fuel cells...Linux release features Windows support...Gmail delivered to desktops.
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Sci/Tech
A chat check list for IT managers There are hundreds of considerations when selecting and implementing an IM management solution -- from product features and technology to pricing. Still, IM security consultants and vendors agree that the following points apply across the board.
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Enterprise IM: Dangerous by default Organizations frequently pick a corporate-grade IM system -- IBM Lotus Instant Messaging and Web Conferencing, Jabber Messenger, or Microsoft LCS (Live Communications Server), for example -- thinking that internal-only IM is immune from threats.
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Reining in public IM There is no question that IM is entrenched in the enterprise. More than 90 percent of businesses report IM activity, according to Osterman Research. A main reason, as we discovered in "Getting serious about enterprise IM," is the improved productivity and reduced communications costs that IM delivers. What should concern CIOs is that unsanctioned consumer IM networks -- such as those from America Online, ICQ, Microsoft, and Yahoo -- make up 80 percent of corporate IM use today, and the number of users of these unsecured IM networks is growing at a fast clip, according to The Radicati Group. True, public IM networks offer enterprises some protection, such as very basic identity control. But organizations are still exposed to a multitude of security risks, including viruses and breached firewalls.
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Kennedy, Kendall Suspended for Brawling (AP) AP - Colorado Rockies pitcher Joe Kennedy was suspended Friday for five games and Pittsburgh Pirates catcher Jason Kendall four for their parts in a bench-clearing brawl Sunday.
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Sports
Tennessee May Start Freshman QB in Opener (AP) AP - Erik Ainge and Brent Schaeffer are trying to accomplish a feat that even Peyton Manning couldn't pull off at Tennessee #151; start at quarterback in the season-opener as a freshman.
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Sports
Boeing Sees EU Agreeing to End Launch Aid WASHINGTON (Reuters) - A top Boeing Co. official said on Friday he was optimistic the European Union would agree to end government aid to develop new aircraft, which has helped its chief rival Airbus grab more than half of the civil aircraft market.
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Business
Bekele Succeeds Mentor Gebrselassie ATHENS (Reuters) - Ethiopian Kenenisa Bekele succeeded his mentor Haile Gebrselassie as the Olympic 10,000 meters champion Friday after an astonishing final lap in the longest track event.
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Sports
Zimbabwe moves to restrict NGOs Zimbabwe's government unveils a bill which would ban many human rights groups and charities.
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World
9/11 Commission Formally Disbands WASHINGTON - The Sept. 11 commission closes down Saturday, but its members plan to continue testifying before Congress and traveling the country to try to get the government to improve homeland security...
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World
Militia Offers to Cede Control of Shrine NAJAF, Iraq - A rebel cleric's militiamen kept their guns outside a holy site Friday after issuing a surprise offer to give up control of the Imam Ali Shrine to Shiite Muslim religious leaders, but negotiators wrangled into the night over getting the militants out of the compound. The removal of weapons and pledge to hand over keys to religious authorities was seen as a big step toward a resolution of the two-week faceoff in Najaf that has killed dozens of people and wounded hundreds in fighting between Muqtada al-Sadr's militia and a joint U.S.-Iraq force...
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Sanofi-Aventis becomes world's third-largest pharmaceutical company (AFP) AFP - French pharmaceutical group Sanofi-Synthelabo formally announced the birth of Sanofi-Aventis, the world's third-largest pharmaceutical company, ranking number one in Europe.
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Team USA Says Labor Woes Won't Affect Cup (AP) AP - Team USA players promise NHL labor problems that could threaten the upcoming season won't be a distraction at the World Cup of Hockey.
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Judge gives lawyers more time to review evidence in Regina election challenge (Canadian Press) Canadian Press - REGINA (CP) - A judge has given lawyers for former NDP MP Dick Proctor more time to pore over federal voter lists as they try to force a byelection that could, if successful, ultimately shift the balance of power in the House of Commons.
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Ex-Enron CEO Seeks Separate Trial HOUSTON (Reuters) - Lawyers for former Enron Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=ENRNQ.PK target=/stocks/quickinfo/fullquote">ENRNQ.PK</A> chief executive Jeffrey Skilling on Friday asked a federal court to separate his trial from his former boss Ken Lay's on charges linked to the downfall of the energy company.
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Arch Coal: Triton Acquisition Completed WASHINGTON (Reuters) - Arch Coal Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=ACI.N target=/stocks/quickinfo/fullquote">ACI.N</A> said on Friday it had completed the acquisition of rival Triton Coal Co. after a U.S. appeals court denied the government's bid to block the deal.
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Business
FCC Puts Hold on Wholesale Phone Rates (AP) AP - Federal regulators Friday imposed a six-month freeze on the rates regional phone companies may charge their competitors to use networks to provide local service.
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Nicaragua, Taiwan open trade talks (AFP) AFP - Nicaragua and Taiwan opened talks aimed at drafting a free-trade deal by the end of 2005, officials said.
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Linux Desktop Needs PC Vendor Support (Ziff Davis) Ziff Davis - Opinion: If the Linux desktop is ever to be more than a niche player, it needs a hand from PC vendors, including real support from the ones that already claim to back it.
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Sci/Tech
Rose Takes Big Tax Hit Pete Rose is back in trouble with the Internal Revenue Service, which says the baseball great owes nearly \$1 million in unpaid taxes.
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Sports
Dolphins Want a Refund From Williams The Miami Dolphins have asked Ricky Williams to return \$8.6 million they say the running back owes the team because he has decided to retire.
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Sports
Rain Hampers Play at NEC Invitational Only 24 players finished the second round at Firestone South, but the forecast was for dry, cool weather the final two days.
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Sports
Possible security breach seen at AOL America Online Inc. is acknowledging an "issue" that allowed some of its members to gain access to online financial portfolios of other members. But the Internet service provider downplayed the incident, saying no personal identifying information such as usernames or credit card numbers was ever compromised.
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Ex-Enron CEO Seeks Separate Trial (Reuters) Reuters - Lawyers for former Enron Corp.\(ENRNQ.PK) chief executive Jeffrey Skilling on Friday asked a\federal court to separate his trial from his former boss Ken\Lay's on charges linked to the downfall of the energy company.
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Business
Moore Reaches U.S. Amateur Semifinals (AP) AP - Ryan Moore keeps rolling along in the U.S. Amateur, moving into the semifinals with a 3 and 2 victory over Jason Hartwick on Friday at Winged Foot Golf Club.
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Sports
GM's CEO Pours Cold Water on Gas Tax Hike DETROIT (Reuters) - General Motors Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=GM.N target=/stocks/quickinfo/fullquote">GM.N</A> on Friday said Americans had no need to worry about talk of higher federal gasoline taxes being used to curb their dependency on foreign oil.
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Major League Approves Baseball Channel for TV LOS ANGELES (Reuters) - Major League Baseball has approved the creation of a national cable television channel devoted to America's favorite pastime, but regular-season games may be confined to the dugouts for the network's first year, a top league official said on Friday.
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Sports
U.S. Arrests Two in Hamas Financing Case WASHINGTON (Reuters) - U.S. officials have arrested two men whom they accuse of funneling money to the Palestinian militant group Hamas for the past 15 years, the Justice Department said on Friday.
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Chilean Judge Questions Pinochet on Riggs Money SANTIAGO, Chile (Reuters) - A Chilean judge has questioned former dictator Augusto Pinochet about secret U.S. bank accounts worth up to \$8 million, a member of Pinochet's legal defense said on Friday.
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Agent: Rose Making Payments on Back Taxes PLANTATION, Fla. - Pete Rose owes almost \$1 million in back federal taxes, but he is making monthly payments on the debt, his representative said Friday...
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Courtney Love Pleads Innocent to Assault LOS ANGELES - Courtney Love pleaded innocent Friday to a felony assault charge for allegedly attacking a woman with a liquor bottle at her ex-boyfriend's home in April. The mercurial rocker, wearing a long black dress, was composed in court, responding to Los Angeles Superior Court Commissioner Dennis Mulcahy's questions with "yes" or "no." Outside, she appeared shaken while talking with reporters...
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Is VoIP just chump change? AT #38;T Chief David Dorman says he expects VoIP to be a \$2 billion-a-year business, small change for his company.
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Major League Approves Baseball Channel for TV (Reuters) Reuters - Major League Baseball has approved\the creation of a national cable television channel devoted to\America's favorite pastime, but regular-season games may be\confined to the dugouts for the network's first year, a top\league official said on Friday.
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Beleaguered CNE hoping for banner summer as others long for days gone by (Canadian Press) Canadian Press - TORONTO (CP) - Sweet-talking carnies wasted no time launching into their well-rehearsed patter Friday at the opening day of the Canadian National Exhibition, hoping to put the plagues of the previous summer behind them.
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Judge Revokes Mine Permit in Florida (AP) AP - A federal judge Friday revoked a permit to develop a limestone mine amid 6,000 acres of habitat that could be used by the endangered Florida panther.
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Court Won't Halt Arch Coal's Triton Bid WASHINGTON (Reuters) - Arch Coal Inc <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=ACI.N target=/stocks/quickinfo/fullquote">ACI.N</A>. on Friday pressed forward with its acquisition of rival Triton Coal Co. LLC after a U.S. appeals court denied an emergency request by antitrust authorities to block the deal.
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Fischer fails to halt deportation A court in Japan rejects former chess champion Bobby Fischer's request to halt \his deportation to the US.
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U-Md. Locks Up Friedgen University of Maryland head football coach Ralph Friedgen signed a contract extension on Friday that will keep him in College Park through 2012.
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Intelligence everywhere If Y2K is remembered for getting companies to buy new hardware and upgrade old software, the latest driver of change, Sarbanes-Oxley, will be remembered for democratizing information and making accountability a companywide responsibility. Its reporting requirements make it mandatory that businesses hold everyone's feet to the fire.
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Sun goes down, Empire blows up Well, I had my second date with Margot last week. It was nice. We attended a seminar on multimodal component interfaces and then went on a romantic stroll around a waste treatment facility. She says the smell of methane calms her nerves. I sure can pick em, cant I?
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Javalobby removes Java specs at Suns request Javalobby, an online community of Java developers, has removed from its new JDocs documentation Web site several vital Java APIs at the request of Java founder Sun Microsystems, an official with Javalobby said on Friday.
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FCC sets interim network-sharing rules ASHINGTON - The U.S. Federal Communications Commission (FCC) will require incumbent telephone carriers to continue offering parts of their networks to competitors while the commission rewrites those network-sharing rules.
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Paes-Bhupathi lose to Ancic-Ljubicic (Reuters) Reuters - Mario Ancic and Ivan Ljubicic of Croatia beat fifth-seeded Mahesh Bhupathi and Leander Paes of India 7-6 (7-5) 4-6 16-14 in the men's doubles bronze medal match at the Olympic Games on Friday.
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