Fed Emergency Communications Center Struggling
A GAO report outlines challenges facing the Emergency Communications Preparedness Center, including a lack of authority, and an inability to prove its value to stakeholders.
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FDIC's Bair Says Low Interest Rates "Appropriate"
A low interest rate policy is "clearly appropriate" due to the still struggling economy, a top U.S. bank regulator said Monday, while also expressing frustration that banks are not doing enough to get credit flowing.
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RCN Targeted In $1.2 Billion Acquisition Bid
The digital, video, voice and high-speed Internet service provider has a business unit that delivers fiber data transport services to large commercial customers.
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Teradata Boosts Data Warehouse Appliance Speed
Built-in speed enhancers include a subsystem that increases processor interconnect bandwidth by 2.5 times over previous generations of the appliance.
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Saxon Technologies Selects Wesley Clover IP Voice Communications Platform for Broker Dealer
Trading floor technology expert team to bring advanced IP turrets to multi-location broker dealer.
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UK's Prudential Aims to Shore Up Bumper Cash Call
Insurer Prudential took steps to underpin its record-breaking rights issue by bringing forward plans for an Asian listing, while launching a round of meetings aimed at winning over skeptical investors in Britain.
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MetLife Buying AIG's Alico Unit for $15.5b
AIG is selling its foreign life insurance unit to MetLife Inc for about $15.5 billion, its second major asset sale in a week as it raises funds to repay a massive U.S. government bailout.
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Brady plc Cites Upswing in Steel Futures Trading
With LME record volumes, up 72 percent in 2010, Brady sees surge in electronic trading, hedging and risk management of steel futures contracts.
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JP Morgan's EcoSecurities Closes U.S. Office
EcoSecurities, a clean energy project developer and carbon trader bought by JP Morgan late last year, has closed its U.S. office as the country's climate bill stalls, a market source said.
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RightNow Challenges SaaS Vendors On Pricing
Software-as-a-service vendor RightNow challenges other on-demand suppliers to get on the cloud pricing model.
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iPad In Starring Role At Oscars
First commercial for Apple's new tablet-style computer debuts during the Academy Awards broadcast.
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CIO Profiles: Patricia A. Coffey Of Allstate Insurance And The Society For Information Management
The tech VP's pet peeve? Don't tell her "That's not my job."
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