Colorado State University Team Ups 2010 Forecast to 10 Atlantic Hurricanes
The 2010 Atlantic hurricane season is likely to produce 10 hurricanes, five of them major, the Colorado State University hurricane forecasting team said Wednesday, increasing a previous estimate for a "very active" season.
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U.S. Military Ends Major Relief Operations in Haiti
The U.S. military announced the end of major relief operations in Haiti Tuesday, nearly five months after the country's devastating Jan. 12 earthquake.
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Pru Bid Failure Signals Growing Investor Activism
The dramatic unravelling of U.K. insurer Prudential's bid for AIG's Asian life unit heralds an era of aggressive shareholders taking boards to task, contrasting with the all-bark-no-bite attitude of the past.
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Moody's Analysts Felt Bullied to Give Rosy Ratings
Some former officials at Moody's said they felt intimidation from bosses to assign rosy ratings to risky debt products, according to testimony to a government panel probing the causes of the financial crisis.
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U.K.'s Prudential Ends $35.5 bln Asian Takeover Bid
UK insurer Prudential has abandoned its plan to buy AIG's Asian life unit for $35.5 billion, leaving management under fire and the company facing a $659 million bill for failure.
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WellPoint First in Health Benefits Industry to Accept HITRUST CSF Assessment Results as Assurance for Health Care Information Security
Capabilities of health insurer’s business partners for protecting health information will be evaluated.
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AT&T Unveils Metered Data Plans
Two data plans are slated to debut Monday, but existing AT&T subscribers may keep and renew their unlimited plans.
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Risk Management Association, Harland Partner to Provide Risk Data
Risk association and bank software company are teaming to provide a single source of comparative data from financial statements of the small and medium-size business customers of RMA's member banks.
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Yahoo Broadens Social Networking Reach
By streaming updates to more of its services and tweaking privacy controls, Yahoo extends its social networking capabilities.
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PrimeVest Implements Broadridge's Portfolio Accounting And Reporting Service
The Aspire service delivers performance reporting, advanced portfolio analytics, and lot-level cost basis tracking and reporting in a single package.
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China Moves Toward Mobile Payment Standard
The nation's largest wireless carrier is pressured by regulators to drop its proprietary technology and adopt the global standard.
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Revamp Looms as U.S. Trading Experts Huddle at SEC
The top U.S. securities regulator is set to drill down into the minutiae of market structure Wednesday, when a who's who in the trading world gathers in Washington nearly a month after the mysterious "flash crash" revealed deep flaws in the system.
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Cisco Sees Online Traffic Quadrupling by 2014
Network equipment maker Cisco Systems said it expects global Internet traffic to more than quadruple by 2014 as more people use the Internet to watch videos and chat with friends online.
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EXCLUSIVE-Financial Software Firm Sophis for Sale - Sources
Private equity firm Advent International is seeking to sell Sophis, a provider of portfolio and risk-management software to banks and hedge funds, people familiar with the matter said.
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Osaka Exchange Probes Deutsche Bank's $182 Billion Mistrade
The Osaka Securities Exchange will review its monitoring system after a 16.7 trillion yen ($182 billion) mistrade by Deutsche Bank almost brought chaos to Japanese markets.
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Steve Jobs Trashes Flash (Again)
Apple CEO says Adobe's multimedia technology is outdated and not fit for the iPad.
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Cisco Sees Online Traffic Quadrupling By 2014
Network equipment maker Cisco Systems said it expects global Internet traffic to more than quadruple by 2014 as more people use the Internet to watch videos and chat with friends online.
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Global CIO: In Praise of Mark Hurd's 9,000 Layoffs At Hewlett-Packard
Column about why Hewlett-Packard CEO Mark Hurd deserves praise for phasing out 9,000 old jobs and bringing in 6,000 new salespeople to meet the needs of tomorrow.
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Intel Introduces Atom Chips For Netbooks, Tablets
The dual-core Atom processor, code-named Canoe Lake, makes half-inch-thick netbooks possible and will be available in time for the holiday shopping season.
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Senator Schumer Proposes Call Center Tax
The proposed legislation would tax U.S. companies that transfer domestic calls to foreign call centers and that require consumers be informed when their call is transferred outside the U.S.
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IE6 Browser Remains Attack Magnet
IE6 Browser Remains Attack Magnet
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BMC Launches Cloud Management Platform
The cloud-management specific system software products include a policy-driven service catalog, enabling role-based services availability, and dynamic provisioning of a services stack.
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Intel Unveils Supercomputing Multicore Processor
The new Knight's Corner processor is based on Intel's many-core architecture and draws on the Larrabee advanced graphics chip the company placed on hold last year.
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Adobe Launches Digital Magazine Viewer
The viewer software for digital magazines will be available on smartphones and iPad-style slate computers and includes features such as image rotation and touch-based navigation.
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JPMorgan Urges Dismissal of Whistleblower Lawsuit
JPMorgan Chase urged dismissal of a complaint by a top-producing private banker who claims she was fired for questioning the dealings of a lucrative client.
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