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Before-the-Bell: FedEx Up After Outlook NEW YORK (Reuters) - Shares FedEx Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=FDX.N target=/stocks/quickinfo/fullquote">FDX.N</A> rose before the bell on Monday, after the express shipping company raised its earnings forecast for the first quarter and the full year, citing strong demand for its services.
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Business
Tsoumeleka Wins Greece's First Athletics Gold ATHENS (Reuters) - Athanasia Tsoumeleka won Greece's first athletics gold of the Olympic Games Monday with an upset victory in the women's 20km walk.
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Tennis: Chilean Alchemists Turn Dreams Into Gold ATHENS (Reuters) - In a feat that would have made ancient alchemists green with envy, Chile's Fernando Gonzalez and Nicolas Massu turned sweat, tears and raw desire into solid gold at the Olympic Games.
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Sports
Nvidia to power next Sony console Sony Computer Entertainment Inc and Nvidia have announced they are working together on the GPU for SCEI #39;s next generation entertainment device.
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Sci/Tech
Pay-Per-View Revenue Boosts WWE Profit NEW YORK (Reuters) - World Wrestling Entertainment Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=WWE.N target=/stocks/quickinfo/fullquote">WWE.N</A>, a producer of wrestling entertainment programs including "SmackDown" and "WrestleMania," reported higher quarterly profit on Monday, helped by increased pay-per-view revenue.
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Business
Gatlin Beats Fastest-Ever 100M Field (AP) AP - Justin Gatlin kept braving the North Carolina cold to keep practicing, keep working, keep chasing Olympic gold. He finally caught it Sunday night, outrunning the fastest field in Olympic history to become the youngest 100-meter champion in 36 years.
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IBM Targets Web Hosting as Key Growth Area (Reuters) Reuters - International Business Machines Corp.\(IBM.N) widened its lead last year in the U.S. market for\Internet hosting services as it won a greater share of the\medium-sized business market, according to data recently\published by market research firm IDC.
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Sci/Tech
Glaciers Shrink, But Some Resist Global Warming (Reuters) Reuters - Glaciers are melting faster than before in\some regions from the Arctic to the Alps but others are getting\bigger, scientists said on Friday.
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Plan would split CIA, cut Pentagon control (Chicago Tribune) Chicago Tribune - The chairman of the Senate Intelligence Committee proposed sweeping changes Sunday that would dismantle the CIA and remove several of the United States' largest intelligence agencies from the control of the Pentagon.
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World
Musician #39;s Group Questions Pew Survey The Recording Artists Coalition, which represents musicians signed by major studio labels, sharply condemned a report released Sunday by the Pew Internet amp; American Life Project, which claimed that about half of all musicians think that burning a copy of
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Sci/Tech
Britain's Straw to Keep World Pressure on Sudan LONDON (Reuters) - British Foreign Secretary Jack Straw flew to Sudan on Monday to keep up international pressure on Khartoum to comply with U.N. demands to end the conflict in Darfur that has already killed up to 50,000 people.
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World
American Hits Wrong Target, Loses Gold Medal ATHENS (Reuters) - Matthew Emmons is a trained accountant but he got his numbers terribly wrong on Sunday.
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Afghanistan's Karzai in Pakistan for Terror Talks ISLAMABAD (Reuters) - Afghan President Hamid Karzai began a visit to neighboring Pakistan on Monday to discuss cooperation in the battle against Islamic militants ahead of his October re-election bid.
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N.L. Wrap: Ramirez Lifts Cubs Over the Astros NEW YORK (Reuters) - Aramis Ramirez hit a three-run homer as the Chicago Cubs survived the ejection of starting pitcher Kerry Wood to defeat the Astros 11-6 in National League play in Houston on Sunday.
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Iran Says Iraqi Government Risks Losing Support TEHRAN (Reuters) - Iranian President Mohammad Khatami said on Monday Iraq's interim government risked losing popular support because of its backing for military operations against Shi'ite Muslim rebels in the holy city of Najaf.
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Anxious Bangladesh Braces for More Protests DHAKA (Reuters) - Opposition activists in Bangladesh held more protests on Monday against a deadly grenade attack as authorities posted extra police on the streets to guard against violence.
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Bodies of WWI Austrian Soldiers Found in Glacier ROME (Reuters) - The bodies of three Austrian soldiers killed in World War One have been found frozen and almost perfectly preserved in an Italian Alpine glacier.
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World
Columbia disaster still haunts Nasa officials Cape Canaveral - Nearly two years after Columbia shattered in the sky, the National Aeronautics and Space Administration still has no way of repairing the kind of holes that could doom other shuttles.
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Sci/Tech
Fatal blast rocks Turkish resort An explosion in Turkey's popular Mediterranean resort of Antalya kills one person, reports say.
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ARM to Buy Artisan Components for About \$913 Million (Update6) ARM Holdings Plc, whose chip designs are used in iPod digital music players, agreed to buy Artisan Components Inc. for about \$913 million.
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Business
Oil Holds at \$47 as Iraq Resumes Exports Oil prices held just below the \$47 mark on Monday as Iraq resumed exports from both its northern and southern outlets after lengthy disruption, despite fierce fighting in the holy city of Najaf.
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Business
KMart to Sell 18 Stores to Home Depot Retailer Kmart Holdings Corp. (KMRT.O: Quote, Profile, Research) on Monday said it finalized a deal to sell 18 of its stores to Home Depot Inc.
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Business
Choose #39;The Apprentice #39; #39;You #39;re Fired! quot; Everyone knows Donald Trump #39;s weekly mantra from his NBC reality show. Most fans also know who won the fight for supremacy as 16 wannabes -- eight women and eight men -- competed in the corporate jungle of New York.
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Business
Southwest to cut 88 flights in October Newspaper says largest US discount carrier could boost annual revenue by \$60 million as a result. NEW YORK (Reuters) - Southwest Airlines Inc.
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Business
TSMC files another patent suit against SMIC Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC), of Hsinchu, Taiwan, has expanded its patent-infringement fight against rival contract chip maker Semiconductor Manufacturing International Corp.
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Sci/Tech
Radcliffe #39;was not injured #39; Paula Radcliffe #39;s failure to add the Olympic marathon crown to her collection of achievements was not due to injury, the British team confirmed today.
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Sports
Lithuania wraps up with 100-85 win over Australia Title contender Lithuania wrapped up its preliminary round matches with a 5-0 record by defeating Australia 100-85 on August 23 in the men #39;s basketball competition.
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Sports
Chechens Mark Birthday Of Slain Leader Ahead Of Election MOSCOW, Aug 23 (AFP) - Chechens marked the birthday of their murdered leader Monday, days ahead of an election to replace him at the helm of the Caucasus republic where a five-year guerrilla war shows no signs of dying down.
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Woman Moves in With 6,000 Scorpions KUALA LUMPUR, Malaysia - A Malaysian woman is trying to reclaim the world record for the longest stay in a room full of scorpions, news reports said Sunday. Nur Malena Hassan, 27, moved Saturday into a locked glass box where she plans to live for 36 consecutive days with more than 6,000 of the poisonous arachnids in a shopping mall, the Malay-language Mingguan Malaysia newspaper reported...
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Saving Room for Dessert May Help Dieters A federal dietary advisory panel is considering whether its revision of nutrition guidelines should let some people treat themselves to guilt-free desserts. Such treats would be bonuses for healthful living, under proposals being considered by the advisory panel that's drafting an update of the nutritional guidance.
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Sci/Tech
FedEx Hikes Profit Forecast, Cites Demand FedEx Corp. (FDX.N: Quote, Profile, Research) on Monday raised its earnings forecast for the fiscal first quarter and full year, citing strong demand for its international express, ground and less-than-truckload services.
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Business
WHO Urges ASEAN to Curb Tobacco Trade The World Health Organization is urging Southeast Asian nations to strengthen curbs on tobacco trade. Shigeru Omi, the WHO regional director for the Western Pacific, told a conference of the Association of
2
Business
On the Web, Branding Is Back Honda #39;s experience is being played out all over the Web, prompting experts to predict a rebirth in brand advertising online. These ads -- which are generally rich media, meaning they include
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Sci/Tech
Graham finally admits he #39;s coach who turned in THG syringe A mystery at the center of track and field #39;s biggest doping scandal has finally been solved. Top track coach Trevor Graham has admitted he was the coach who anonymously sent a syringe of THG to the US Anti
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Sports
Britain #39;s Straw to Keep World Pressure on Sudan British Foreign Secretary Jack Straw flew to Sudan on Monday to keep up international pressure on Khartoum to comply with UN demands to end the conflict in Darfur that has already killed up to 50,000 people.
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World
Israel plans 530 settler homes Israel is planning to build more than 530 new settler homes in the West Bank after Washington signalled it would accept growth in Jewish enclaves in the occupied territory, political sources say.
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North Korea: Tyrant is Bush, not Kim North Korea says it sees no reason to join a working-level meeting with the United States to prepare for further six-party talks on the communist state #39;s nuclear weapons development.
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Afghan president arrives in Pakistan Afghan President Hamid Karzai traveled to neighboring Pakistan for talks Monday on fighting terrorism and economic cooperation. Karzai was welcomed at Islamabad airport
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World
Leader: Has Lycos empowered the spammers? Even in the fleeting and transitory world of technology, Lycos #39; spam-busting screensaver was the most short-lived of initiatives.
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Sci/Tech
Wal-Mart Lowers August Sales Forecast (AP) AP - Wal-Mart Stores Inc., the world's biggest retailer, lowered its sales forecast for August, citing Hurricane Charley's swipe across Florida and slower than expected back-to-school sales.
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Business
Before-the-Bell: Wal-Mart Edges Lower NEW YORK (Reuters) - Shares of Wal-Mart Stores Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=WMT.N target=/stocks/quickinfo/fullquote">WMT.N</A> ticked lower on Monday after the world's largest retailer cut its August sales forecast.
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Business
Yukos cuts 2004 oil production forecast (AFP) AFP - Embattled Russian oil giant Yukos cut its 2004 oil production target from 90 million tonnes to 86 million tonnes, saying its inability to access its frozen accounts had forced the firm to reduce operating costs.
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Talks begin in Abuja on conflict in Sudan's Darfur region (AFP) AFP - African Union-sponsored talks on the conflict in the western Sudanese region of Darfur began in the Nigerian capital Abuja.
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GM Recalling Aveo Cars for Safety Belt Fix DETROIT (Reuters) - General Motors Corp. is recalling more than 32,000 of its Chevrolet Aveo subcompact cars because of a potential problem with their rear seat safety belts.
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Business
HBOS calls for bank tie-up probe HBOS asks the European Commission to look at Spanish bank BSCH's relationship with the Royal Bank of Scotland.
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Business
Fujitsu and Cisco Form Strategic Alliance for advanced Internet <b>...</b> A router is a computer networking device that forwards data packets toward their destinations through a process known as routing. Routing occurs at layer 3 of the OSI seven-layer model.
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Sci/Tech
ECM wares seize control of records creation, management Under the shadow of government regulations IT must comply with, a host of ECM (enterprise content management) vendors are blending previously stand-alone RM (records management) capabilities into their CM and compliance recipes.
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Sci/Tech
Transmeta bets on LongRun2 While Intel and AMD continue bringing low-power mobile chips to market, Transmeta is faced with the possibility of shifting its focus from operations and toward licensing its technologies.
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EDS, Siebel partner for tailored business packages EDS this week will kick off a partnership with Siebel Systems, taking the first step in a new vendor-relationship strategy emphasizing deeper links with fewer vendors.
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Sci/Tech
BEA readies app server package for ISVs BEA Systems on Monday is releasing a version of its application infrastructure suite designed to enable ISVs to deliver products for SOAs (service-oriented architectures).
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Artisan Rallies on Buyout Artisan Components (ARTI:Nasdaq - news - research) shot up in Monday #39;s premarket session after the UK #39;s ARM Holdings (ARMHY:Nasdaq - news - research) announced it would buy the company for cash and stock that was worth nearly \$34 a share at Friday #39;s close
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Business
Dollar gains, bonds sink Traders buy dollars sold off in recent sessions; await Greenspan speech, data due later in the week. NEW YORK (CNN/Money) - The dollar rose higher from recent lows against the euro and the yen Monday, while
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Business
Yukos plunges on fears of asset sales Talk intensifies that oil company will sell its key Siberian unit for low price to pay back taxes. MOSCOW (Reuters) - Shares of Russian oil company Yukos fell Monday as fears intensified that the firm #39;s key
2
Business
Drug Approvals Spark Mylan Labs The Pittsburg-based generic drugmaker said the Food and Drug Administration has approved its metoprolol tartrate and hydrochlorothiazide tablets, which will compete with the Loppressor HCT tablets made by the Switzerland-based Novartis.
2
Business
You can make calls on your PC On a trip to Shanghai, Buffalo musician Edgar Henderson took along an electronic box about the size of a paperback. Plugged into a phone, the box allowed him to call friends in Buffalo toll-free.
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Sci/Tech
AMD uses strained silicon on 90-nanometer chips AMD will implement the strained silicon manufacturing technique on its upcoming 90-nanometer processors as well as 130-nanometer processors.
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Sci/Tech
Gatlin #39;s gun fastest in historic shootout Serious fun lit up the Olympics last night. A showdown among the swaggering gunslingers who populate the sprint community, celebrated by 72,000 spectators for a full 10 minutes prior
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Sports
Everton board meeting postponed The Everton board meeting to unveil details of a new investor has been postponed at the request of director Paul Gregg, chairman Bill Kenwrights rival for control of the club.
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Sports
Toys R Us Posts Second-Quarter Profit (Reuters) Reuters - Toys R Us Inc. (TOY.N), which is\considering getting out of the toy business, on Monday posted a\second-quarter profit as it works to restructure its toy\stores.
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Business
Sudan's rebels, government gather for talks on Darfur crisis (Canadian Press) Canadian Press - ABUJA, Nigeria (AP) - Pushed to end what the United Nations calls the world's worst humanitarian crisis, Sudanese government envoys gathered in Nigeria on Monday for talks with rebel leaders from the western Darfur region.
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Toys R Us Posts Second-Quarter Profit NEW YORK (Reuters) - Toys R Us Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=TOY.N target=/stocks/quickinfo/fullquote">TOY.N</A>, which is considering getting out of the toy business, on Monday posted a second-quarter profit as it works to restructure its toy stores.
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Business
Federal Express Hikes Profit Forecast, Cites Demand Federal Express raised its earnings forecast, citing strong demand for its international express, ground and less-than-truckload services.
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Business
'Ordinary names' to go into space Ordinary people are being given the chance to have their name go into space with the first X-Prize contender craft.
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Sci/Tech
Wal-Mart Lowers August Sales Forecast BENTONVILLE, Ark. Aug. 23, 2004 - Wal-Mart Stores Inc., the world #39;s biggest retailer, lowered its sales forecast for August, citing Hurricane Charley #39;s swipe across Florida and slower than expected back-to-school sales.
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Business
FedEx raises first quarter, full-year outlook NEW YORK - FedEx Corp. Monday raised its earnings forecast for the first quarter ending this month and for the full fiscal year, citing strong demand for its international express, ground and less-than-truckload services.
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Business
Stocks to Watch on August 23 US stocks to watch: ARTISAN COMPONENTS INC (ARTI) British semiconductor designer ARM Holdings Plc agreed to buy US technology firm Artisan for \$913 million, to boost its product range, but ARM shares slumped on Monday on concerns it
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Business
HBOS to complain over SCH Abbey bid HBOS HBOS.L says it will write to the European Commission to complain about Santander Central Hispano #39;s continuing ties to Royal Bank of Scotland despite the Spanish bank #39;s bid for Abbey National.
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Business
Transporters stir: ESMA invoked in Delhi, Gujarat The nationwide indefinite strike of truck operators entered the second day today due to the deadlock in talks between the Finance Ministry and truck operators associations.
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Business
Alcoa-Billiton venture, Integris Metals, to go public A joint venture between Alcoa Inc. and BHP Billiton has filed to go public through an offering worth as much as \$100 million, according to regulatory filings and the companies.
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Business
Retail sales climb 0.2 Retail sales edged ahead 0.2 per cent in June as gains at auto dealers and pharmacies offset weather-related weakness in most of the nation #39;s other major sectors, Statistics Canada said Monday.
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Business
Ready for Service Pack 2? Not so fast, XP Pro users You #39;ve been patient. You #39;ve done what Microsoft asked you to do. You #39;re ready to download Service Pack 2 for Windows XP.
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Sci/Tech
DNA technique protects against #39;evil #39; emails A technique originally designed to analyse DNA sequences is the latest weapon in the war against spam. An algorithm named Chung-Kwei (after a feng-shui talisman that protects the home against evil spirits) can catch nearly 97 per cent of spam.
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Sci/Tech
Online sales pass the \$15bn mark in the US Online retail sales overseas continue to show significant growth, according to the latest figures released by the US Department of Commerce.
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Sci/Tech
Russian gold medal winner tests positive Russia #39;s Irina Korzhanenko, who won the Olympic shot put last Wednesday, was stripped of her gold medal Monday because of drug use.
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Sports
Wood, Baker tossed in win over Houston HOUSTON - After being plunked between the shoulders, Michael Barrett offered a few words of advice for Roy Oswalt when the Chicago Cubs and Houston Astros meet again next week.
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Sports
Straw to demand more from Sudan The foreign secretary, Jack Straw, will deliver a quot;clear message quot; to the Sudanese government that it must do more to stop the violence in Darfur when he arrives in Khartoum this evening.
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World
Volkswagen Says #39;No Room #39; for Wage Hikes FRANKFURT, Germany Aug. 23, 2004 - Automaker Volkswagen said Monday there is quot;no room quot; for wage increases this year as it prepares for pay talks with Germany #39;s largest industrial union.
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Germany Acquits Carlos the Jackal Aide BERLIN Aug. 23, 2004 - A German court on Monday, citing insufficient evidence, acquitted an imprisoned aide of the terrorist Carlos the Jackal of involvement in a deadly series of bombings in France in the early 1980s.
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World
Dream Team Breezes Past Angola 89-53 (AP) AP - The Americans got a taste of what it was like in the good ol' days, finally playing an opponent they were able to beat easily, routing Angola 89-53 on Monday in their final game of the Olympic men's basketball preliminary round. Tim Duncan finished with a team-high 15 points in limited minutes, and the Americans dominated the boards Barcelona-style with a 52-17 edge in rebounding.
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Toys 'R' Us Swings to 2Q Profit (AP) AP - Troubled retailer Toys "R" Us Inc. reported Monday that the company swung to a profit in the latest second quarter, compared with a loss in the year-ago period.
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Business
Equatorial Guinea prosecutor wants death for S. African 'mercenary' (AFP) AFP - The prosecutor in the trial of a group of suspected foreign mercenaries accused of plotting a putsch in Equatorial Guinea said he will call for the death penalty for the coup-plotters' alleged leader, South African Nick du Toit.
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Wall Street Set to Open Slightly Higher NEW YORK (Reuters) - U.S. stock futures signaled a slightly higher open for stocks on Monday as investors welcomed an easing of oil prices from a record high near \$50 a barrel last week.
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Business
Israel Plans 530 Settler Homes, with U.S. Nod HAR GILO, West Bank (Reuters) - Israel plans to build more than 530 new settler homes in the West Bank after Washington signaled it would accept growth in Jewish enclaves in the occupied territory, political sources said Monday.
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World
Blast in Turkish Resort City Kills One ISTANBUL (Reuters) - An explosion rocked Turkey's Mediterranean resort city of Antalya on Monday, killing one person and injuring at least one other, police said.
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World
Sex Scandal Rocks Hong Kong Politics HONG KONG (Reuters) - The arrest in south China of a Hong Kong pro-democracy politician for hiring a prostitute has eroded support for his party and hurt its chance of victory in the city's legislative elections next month.
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World
Mother of Dead UK Soldier to Sue Government LONDON (Reuters) - The mother of a young British soldier killed in Iraq said on Monday she intended to sue the Ministry of Defense for negligence because it failed to supply him with hi-tech defensive equipment.
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World
Radcliffe baffled by failure Paula Radcliffe has no idea what went wrong in the Olympic marathon and is undecided about running the 10,000m.
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World
Kreme-Filled Earnings Krispy Kreme shareholders hope for a break from the badness in this week's earnings report.
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Business
Investigators Find Steroids A search of a warehouse used by the coach at the center of a doping scandal involving the country's star sprinters uncovered small amounts of anabolic steroids.
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Sports
Kmart Delivers, Bad News for Bears When will the bears admit that Kmart (KMRT:Nasdaq - commentary - research) is for real? When will they say, quot;You know, the people who used to run Kmart were idiots and things are now better quot;?
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Business
Wal-Mart lowers August sales forecast Wal-Mart is reducing its forecast for same store sales for the month of August. It is blaming store closures caused by Hurricane Charley last week.
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Business
Toys #39;R #39; Us Swings to 2Q Profit Troubled retailer Toys quot;R quot; Us Inc. reported Monday that the company swung to a profit in the latest second quarter, compared with a loss in the year-ago period.
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Business
ARM shares tumble on deal for chip firm LONDON ARM Holdings, a British semiconductor designer, said on Monday that it would buy Artisan Components for \$913 million to broaden its product range.
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Business
Kerry attacks Bush overtime changes The Bush administration #39;s new overtime rules went into effect on Monday, but the Kerry campaign has already begun attacking the regulations, saying they will hurt millions of American workers.
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Business
S amp;P revises outlook for India #39;s currency rating Mumbai, Aug. 23. (PTI): Revising the outlook on India #39;s long-term foreign currency and local currency ratings, Standard amp; Poor #39;s Ratings Services today warned that the local currency rating could be lowered
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Business
Tekelec to acquire Steleus Tekelec of Calabasas, Calif., said Friday it will acquire telecommunications solution provider, Steleus Group of Westford, Mass. Tekelec, a leading global supplier of telecommunications
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Sci/Tech
South Korean gymnast appealing judging error, Hamm hopes to hang <b>...</b> (Athens, Greece-AP) Aug. 23, 2004 - It appears the Court of Arbitration for Sport might not hear South Korea #39;s appeal of the gymnastics gold medal.
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Sports
UK has Plan B for power forward At 6:30 tonight, Poplar Bluff High (Mo.) forward Tyler Hansbrough will announce where he will go to college next fall. If Hansbrough picks the University of Kentucky, the Wildcats #39; coaching
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Sports
#39;Why the Bombings? #39; Ask Bangladesh Protesters Thousands of Bangladesh opposition activists holding banners reading quot;Why the bombings, why the bloodshed? quot; protested on Monday against a deadly grenade attack
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World
Sex Scandal Rocks Hong Kong Politics The arrest in south China of a Hong Kong pro-democracy politician for hiring a prostitute has eroded support for his party and hurt its chance of victory in the city #39;s legislative elections next month.
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World