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Fannie Mae to increase capital WASHINGTON, Sept 27 (Reuters) Fannie Mae would have to maintain 30 percent more capital than current rules demand it hold on its balance sheet, the Office of Federal Housing Enterprise Oversight, said in a statement.
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The SEC Could Still Slap Google Google has received the green light for its initial stock offering -- but not without ruffling a few feathers at the Securities amp; Exchange Commission, which oversees share offerings. The SEC #39;s job is to make sure that companies disclose all the ...
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NASA Says Space Station Running Low on Oxygen By MARCIA DUNN CAPE CANAVERAL, Fla. (AP) -- Oxygen and food will be worrisomely low on the international space station by Christmas, and it's crucial that a Russian supply ship get there by then, a top NASA official said Friday...
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Els Eases Into the Final in England Defending champion Ernie Els beat Padraig Harrington 5 and 4 yesterday to move into the final of the World Match Play Championship in Virginia Water, England, and stay on course for a record sixth title.
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Experts deny ET signal report Scientists move swiftly to quash reports that a possible contact has been received from extraterrestrial life.
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Jamaica to provide free Net access JAMAICA #39;S government has announced a \$US5 million program to provide free internet access in poor communities across the island.
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Teams looking for an edge The United States Soccer Federation has struck a profitable vein since it began sending its national teams to the Boston area in 1991. The US men's team has an 11-1-3 record in Norfolk County and even the defeat -- 2-0 to the Netherlands -- prepared the Americans for their greatest series of conquests several days later in the 2002 World ...
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Visa, MasterCard Lose Supreme Court Appeal The Supreme Court Monday cleared the way for banks to begin issuing credit cards bearing logos such as American Express and Discover while continuing to offer Visas and MasterCards.
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Commandos set to storm Mosul MOSUL: Iraqi commandos backed by US troops were preparing to storm insurgent strongholds in the city of Mosul yesterday as US-led forces continued their bid to clear the city of rebels.
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Reviewing iMac G5 In the Boston Globe, John P. Mello Jr. writes, #147;Slim. Sleek. Streamlined. Stylish. Chic. Those aren #146;t adjectives normally associated with a desktop computer #151; unless it #146;s an Apple iMac. #148; Nov 08
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Qantas posts record annual profit SYDNEY, Australia (AP) - Qantas profits soared to a record 648.8 million Australian dollars (US\$463.8 million, euro 376 million) in the past fiscal year, thanks to rising passenger numbers despite fears of Iraq war-related terrorism and the aftermath of ...
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Relieved Australia take break A Test match that had looked to be building up into a great climax was ruined yesterday by a six-hour downpour that forced the final day to be abandoned without a ball bowled.
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Violent video games get shot again. After being in the news more times than I have actually watched the news, the discussion about how bad are violent video games for minors, is back in session.
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Vornado Buys 4.3 Pct. Stake, Shares Soar NEW YORK (Reuters) - Shares of Sears, Roebuck and Co. were up about 20 percent on Friday after real estate company Vornado Realty Trust said it raised its stake in the retailer, a step that could mean Sears plans to convert some of its real estate assets into cash.
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Crude climbs ahead of inventory data SAN FRANCISCO (AFX) -- Crude-oil futures climbed back toward \$54 a barrel, with traders eagerly awaiting weekly petroleum data to find out how the recovery in the Gulf of Mexico has affected US oil and natural-gas inventories.
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EU ready to approve Alitalia #39;s rescue plan BRUSSELS A four-year plan to rescue Alitalia will get the approval of the European Commission, as long as it does not bank on any new money from the Italian government, the commission said Tuesday.
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Canon Unveils a Cavalcade of Printers Topping the list of new models is a \$999 color laser multifunction printer.
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Playboy Posts Profit, Shares Rise Playboy Enterprises Inc. (PLA.N: Quote, Profile, Research) , the adult entertainment company, on Tuesday reported a third-quarter profit, reversing a year-earlier loss
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Dems Challenge Bush in New Campaign Ad (AP) AP - The Democratic Party questions President Bush's credibility on Iraq and the economy in a new campaign ad that shows the Republican on an aircraft carrier declaring an end to major combat under a "Mission Accomplished" banner.
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Sigourney Weaver books flight with Virgin Galactica <em>Alien</em> star turns space tourist
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Pro-Aristide March Turns Violent in Haiti (AP) AP - Gunfire erupted as Haitians calling for the return of ousted President Jean-Bertrand Aristide marched near the presidential palace on Thursday, killing at least three police officers as hundreds scattered to safety in side streets.
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Carnival Profit Cruises Up 43 Percent NEW YORK (Reuters) - Carnival Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=CCL.N target=/stocks/quickinfo/fullquote">CCL.N</A><CCL.L>, the world's biggest cruise group, on Thursday posted a 43 percent rise in quarterly earnings as it benefited from a merger with P O Princess Cruises last year.
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Google Flaws and Fixes Google Flaws and Fixes\\There have been many criticisms recently of Google and it's page rank algorithm. First, to the criticisms of Google itself. Has anyone noticed that Google currently indexes 4 billion odd web pages? Very few of us had the time to trod through Google's white paper, but those ...
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Blu-ray burns for interactive content Flashy features could tempt consumers--and that tempts Hollywood, which could help Blu-ray beat out a rival technology.
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Myanmar to continue roadmap to democracy YANGON: Myanmar has pledged to adhere to its roadmap to democracy and draft constitution timeframe, media reported on Saturday, despite the sacking and arrest of the nations former premier who was seen as the key architect of the plan.
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Australia to LA in 1 hour as jet smashes speed barrier A HYPERSONIC jet fuelled by Australian technology has smashed the world speed record reaching 10 times the speed of sound at 11,265km/h.
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Amazon seeks share of searches Online retailer Amazon revamps its A9 search site as its tries to grab a slice of the search business.
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CRICKET: KUMBLE JOINS THE 400 CLUB ANIL KUMBLE claimed his 400th Test victim yesterday - but could not stop Australia gaining the upper hand in Bangalore. The wrist spinner bowled Simon Katich for 81 in the 79th over to reach the milestone
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Powerful Walpole runs past Milton WALPOLE -- For Milton, the loss of star running back Dennis Lynch translated into negative yards yesterday as Walpole held the Wildcats running game to minus-20 yards on 10 plays in the first half en route to a 24-0 Bay State League victory. Walpole's three-pronged rushing attack of Mike Cuqua (96 yards, 1 touchdown), Andrew Denehy (8 rushes, 86 yards), ...
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Rivera Suffers Losses Two relatives of Mariano Rivera's wife were electrocuted while cleaning the pool at the Panama home of the New York Yankees closer.
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Witness: Ovitz Wanted Signing Bonus as Disney President Michael Ovitz initially wanted a signing bonus of \$50 million to join Walt Disney Co. as its president in 1995, a compensation expert who advised Disney during negotiations with Ovitz testified Tuesday.
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Nortel to Maintain Certain Accounting Nortel Networks Corp. on Wednesday said it will not be required to change its accounting treatment of optical products sales, and it received verbal confirmation that two stock exchanges do not plan to begin any suspension or delisting procedures.
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Citysearch Launches Pay Per Call Search Advertising Program Citysearch Launches "Pay Per Call" Search Advertising Program\\Citysearch, a local search service, announced the national roll out of its PFP-Calls product to enhance its PFP (pay for performance) advertising package. The new product allows local merchants to track business leads through the number of phone calls they receive. Merchants are ...
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World Bank Is Ready to Fund Projects The World Bank is ready to fund development projects in Kashmir if that helps bring peace to the insurgency-wracked region, President James D. Wolfensohn said Thursday as he pledged US\$9 billion in aid to India over the next three years.
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Indian Monsoon Seen Below Normal on El Nino Effect (Reuters) Reuters - India's monsoon is expected to be 12 to\14 percent below normal in the June-September season, mainly\because of an El Nino-like weather condition, a senior Indian\weather official said on Tuesday.
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Industry rebound could be two years away SAN FRANCISCO (CBS.MW) -- US airlines, hammered by soaring oil prices, will spend a staggering \$5 billion more on fuel this year than they did in 2003 or even a greater sum, draining already thin cash reserves.
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Iran can discuss extension of enrichment suspension Iran #39;s senior nuclear negotiator said Monday that the Islamic republic was ready to discuss an extension of its suspension of uranium enrichment, but repeated a rejection to give up fuel cycle work altogether.
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Death by a thousand cuts THE ghosts of Calcutta 2001 and aches of Australia #39;s over-worked bowlers have combined to ensure that New Zealand #39;s demise will be death by a thousand cuts, drives and pulls after Ricky Ponting failed to enforce the follow-on during the second Test
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Proxim and Symbol make nice The two companies reach a settlement and sign a cross-licensing agreement, ending years of litigation over patent infringement.\
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McDonald's Quarterly Earnings Rise CHICAGO (Reuters) - McDonald's Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=MCD.N target=/stocks/quickinfo/fullquote">MCD.N</A> third-quarter earnings rose a higher-than-expected 42 percent on a preliminary basis, the world's largest restaurant chain said on Wednesday, citing strong sales in the United States and a lower tax rate.
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Three British soldiers killed in suicide attack Three soldiers of the Black Watch regiment were killed by a suicide car bomb at a checkpoint. One translater was also killed. The attack comes as US forces launched fresh air and artillery strikes on Fallujah
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Rights activist blasts Putin A leading human rights activist has poured scorn over Russian President Vladimir Putin #39;s hardline policy in breakaway Chechnya and urged him to negotiate with Chechen leader Aslan Maskhadov.
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Free Yahoo X1 desktop search p2pnet.net News:- Yahoo says it #39;ll enter the desktop search stakes in the New Year, joining Google, Ask Jeeves, Microsoft #39;s MSN and AOL.
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Crown hasn't proven case against accused Air India bomber:lawyer (Canadian Press) Canadian Press - VANCOUVER (CP) - The Crown's case against accused Air India bomber Ajaib Singh Bagri lacks any hard and trustworthy evidence, one of his lawyers argued Monday.
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Steel Producer Nucor Sees Profit Soar NEW YORK (Reuters) - Nucor Corp., one of the largest U.S. steel producers, on Thursday reported a more than 25-fold increase in quarterly profit due to high steel prices, and said it expected demand to remain strong next year.
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Park Is Locked In a Three-Way Tie Park was 4 under after just six holes in the LPGA #39;s final full-field event of the year. She was even sharper during a stretch coming in, using strong approach shots for the birdie run that started on No.
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Iraq Rebels Hit Back Amid Falluja Battles (Reuters) Reuters - U.S. troops fought to crush\resistance in the Iraqi city of Falluja on Thursday, but rebels\hit back with an armed rampage in Mosul and a car bomb that\killed 17 people in a crowded Baghdad street.
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France, Spain swoop on ETA suspects, arrest separatist group <b>...</b> BORDEAUX, France : Anti-terrorist police arrested the political leader of Spain #39;s armed Basque separatist group ETA in raids in France and Spain that resulted in arms caches and other suspected members being seized, officials said.
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Spain's SCH Wins British Bank for #36;16 Bln (Reuters) Reuters - Spanish bank Santander claimed\victory for its 8.7 billion pound ( #36;15.6 billion) agreed\takeover of Britain's Abbey National after its most likely\rival, UK bank HBOS, pulled out of the race.
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Oil prices breach US\$50, setting new mark in Asian trading Crude oil prices pushed past the psychologically important US\$50-per-barrel mark Tuesday to an all-time high of US\$50.01 as the market reacted to the slow recovery of US oil production in the Gulf of Mexico following Hurricane Ivan.
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Golf: Playoff bogey enough to bring Sorenstam LPGA crown WEST PALM BEACH, United States : Annika Sorenstam captured her eighth title of the year here Sunday, beating Cristie Kerr in a playoff for the season-ending LPGA ADT Championship with a bogey on the first playoff hole.
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Opposition boycotts Sri Lanka #39;s latest bid for peace COLOMBO - Sri Lanka #39;s parliamentary opposition boycotted Monday President Chandrika Kumaratunga #39;s latest initiative on the island #39;s faltering peace process, dimming prospects for national consensus.
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Two elderly Buddhists killed in Thai Muslim south Unidentified gunmen shot dead two elderly Buddhist men in Thailand #39;s largely Muslim south hours before a trip to the troubled region by Prime Minister Thaksin Shinawatra on Sunday, police said.
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Frenchman shot dead in Saudi Arabia A French national was shot and killed in the Saudi Arabian city of Jiddah early Sunday, the Interior Ministry said. The man was shot at 1 am in the Red Sea port city.
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Olympics 2004: Canoeing: Veraas Larsen ready for K-1 500m finals Eirik Veraas Larsen had no problem winning his heat in the K-1 500m semifinals on Thursday morning, and is now favourite to win the Saturday final.
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It's Time for Reality Porn Gina Lynn wonders why cosmetic surgery has become so commonplace and suggests that it's time for a change.
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Halliburton: Court Clears Asbestos Deal HOUSTON (Reuters) - Halliburton Co. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=HAL.N target=/stocks/quickinfo/fullquote">HAL.N</A> on Friday said a federal court had signed an order that would end the company's asbestos liability later this month, clearing another hurdle for two of its subsidiaries to emerge from bankruptcy.
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House OK's Disclosure of Pension Info WASHINGTON (Reuters) - The U.S. House of Representatives on Wednesday voted to allow workers and retirees to find out from a federal agency just how severe the shortfalls are in their companies' pension plans.
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Locke plans one last China trade mission, eyes Vietnam market Gov. Gary Locke is putting on his salesman #39;s hat one last time, heading to China next month and hoping to crack the growing Vietnam market.
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Analysis: Rice to spearhead realization of Bush #39;s vision for <b>...</b> US President George W. Bush #39;s plan to play midwife to a Palestinian state took another turn Tuesday with his decision to appoint National Security Advisor Condoleezza Rice as his new secretary of state.
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Apple rip-off claims examined p2pnet.net News:- Britain #39;s Office of Fair Trading (OFT) says it #39;s examining claims that Apple is over-charging British iTunes customers.
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Did the rivalry mean more to Bears? The Bears looked like patsies coming into Lambeau Field Sunday, but they upset the Packers 21-10 in the home opener at Green Bay. Was it because the traditional rivalry meant more to the Bears?
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Russian School Toll Rises to More Than 300 Russian officials today gave the new figure for casualties in the violent ending of the school standoff. There are fears it could go even higher.
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U.S. Growth Under Forecast in 3rd Quarter WASHINGTON (Reuters) - The U.S. economy expanded at a 3.7 percent annual rate in the third quarter, below expectations but still bolstered by healthy consumer spending that was accompanied by the lowest inflation in decades, the Commerce Department said on Friday.
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Top supercomputer race continues with NASA/SGI box MOFFETT FIELD, CALIFORNIA - The space race may be over, but engineers at NASA's (the National Aeronautics and Space Administration's) Ames Research Center Tuesday staked their claim in another type of challenge: the never-ending contest to build the world's fastest supercomputer. At a ribbon-cutting ceremony at the NASA supercomputing facility in Moffett Field, California, the U.S. space agency unveiled its 10,240-processor Linux-based supercomputer, named Columbia, and cited benchmark numbers that show it performing faster than any other system.
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Certain Iowa bird populations in trouble The survival of some bird species in Iowa is threatened, and urban sprawl is part of the problem. That #39;s according to a state group that keep tabs on the conversation of wild birds.
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Grizzlies 97, Hawks 89 ATLANTA The Memphis Grizzlies beat Atlanta 97-to-89 tonight for their third win in four games under new coach Mike Fratello. Mike Miller and Stromile Swift added 13 points, and Lorenzen Wright and Earl Watson each had eleven for the Grizzlies.
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Over 100 will lose jobs amid MedSource sale More than 100 workers in Newton are scheduled to lose their jobs by February amid the purchase of MedSource Technologies Inc. by another medical device contract manufacturer, the new owner acknowledged yesterday.
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Manning's Performance Raises Questions for Giants Everyone knew what Eli Manning could do. But what happens when this prized quarterback is not playing well? Can he recover?
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Auburn Defeats Virginia Tech in Sugar Bowl NEW ORLEANS (Sports Network) - Auburn's defense solidified its status as one of the nation's toughest, despite a late-game scare, and the Tigers completed the first perfect season in school history with a 16-13 Sugar Bowl victory over Virginia Tech on Monday night.
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Humans born to be endurance runners: anthropologists LONDON - It #39;s our ability to run, not walk, that sets humans apart as the world #39;s dominant species, researchers say. According to an anatomical analysis by two US scientists, we #39;re built to run.
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Vibrator shuts down Mackay airport SN30952 writes quot;An adult sex toy shut down a key regional airport for almost an hour today when it was mistaken for a bomb, Queensland police said.
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Total Signs Draft Agreement for Novatek Oil major Total SA has signed a draft agreement to purchase a 25 percent stake, plus one share, in the privately held Russian gas producer Novatek, the French company announced Wednesday.
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63 Killed Since Saturday in India Strife GAUHATI, India Oct. 4, 2004 - Sleeping villagers heard men outside their huts, calling them to come out. They stumbled into the early morning darkness Monday and the intruders began firing automatic weapons, killing six people and wounding seven.
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Government issues Indonesia travel warning TONY EASTLEY: As thousands of Australians prepare to fly out to Indonesia for their Christmas and New Year holidays, the Federal Government has issued a new quite specific warning about the risk of a terrorist attack there.
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Stage Stores 3Q Profit Dips, Meets Views Specialty department store retailer Stage Stores Inc. on Thursday said its third-quarter results met Wall Street expectations, even though its profit dropped against a year-ago gain.
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Fossil of dinosaurs in sleeping posture found in China Chinese and American scientists have discovered a fossil in northeast China which has provided a first look at dinosaurs #39; bird-like sleep.
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Gibernau on home turf The Honda pilot snatched provisional pole in first qualifying Friday. Today, he hopes to confirm, adding a little spice to the end of a season that saw him lose the 2004 title to Yamaha rider Rossi by a frustrating 35 points.
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J. Lewis Will Start Running back Jamal Lewis will start for the Baltimore Ravens today against the New York Giants, according to a Ravens official. Lewis has not played since spraining his ankle against the Dallas Cowboys on Nov. 21, but he resumed practicing this week. Baltimore (7-5), which is in the thick of the AFC wild-card race, is 6-2 with Lewis and 1-3 without him.
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One way to take heat off Though he is never one to make much of the elements his team must play in, Bill Belichick must be somewhat concerned about the desert heat he will face in Tempe Sunday, because he will take the Patriots to Arizona Thursday after practice to get them acclimated.
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ConocoPhillips buys \$2b stake in Lukoil US oil giant ConocoPhillips yesterday paid nearly \$2 billion for a 7.6 percent stake in Russia #39;s Lukoil -- the world #39;s number two oil company by reserves -- in Russia #39;s biggest privatization.
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Green Bay Packers GREEN BAY, Wisconsin (Ticker) -- Darren Sharper returned one his team #39;s three interceptions 90 yards for a touchdown, leading the Green Bay Packers to a 19-14 preseason victory over the New Orleans Saints .
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Barrerra vs Morales quot;Mexican World War 3 quot; Tonight on HBO PPV, only one of the two brave warriors will emerge with the bragging rights as to which one is the superior Mexican fighter, The Baby Faced Assassin Marco Antonio Barrera or Erik El Terrible Morales?
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Sports
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Sports
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MCI Creditors Are Target of SEC Subpoenas (washingtonpost.com) washingtonpost.com - The Securities and Exchange Commission has subpoenaed 11 members of MCI Inc.'s former creditors committee for documents related to confidential communications between the company and its bondholders, according to federal bankruptcy court filings.
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Sci/Tech
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Sci/Tech
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Roddick May Be Key to U.S. Davis Cup Win (AP) AP - Three months ago, Andy Roddick swept Rafael Nadal 6-0, 6-3, 6-4 in the second round of the U.S. Open. Don't expect it to be that easy when Roddick plays the 18-year-old Spaniard in the Davis Cup final Friday. This time, the match is on clay. And Nadal will be cheered by an expected record crowd of 26,600 at Olympic Stadium.
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Arsenal #39;s behaviour worse than Cantona #39;s, says Ferguson Arsenal quot;got away with murder quot; following the ugly scenes at the end of their stormy match at Manchester United last season, according to United boss Alex Ferguson.
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Sports
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Sports
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Reshaping a Reshaper of Landscapes he Rouse Company, the mall developer and manager that has helped reshape the nation #39;s landscape, agreed yesterday to be acquired by General Growth Properties, the big owner of shopping centers, for \$7.
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Business
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Security Watch: Bots March In Last week, Microsoft released a security bulletin reporting vulnerability in the graphics subsystem in Windows and a wide range of Microsoft products.
3
Sci/Tech
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Pakistan hunting for Chinese-abduction mastermind Pakistani security forces are undertaking the hunting for Abdullah Mehsud, the brain behind the scene of the abduction of two Chinese engineers, Interior Minister Ahmad Sherpao told Xinhua Saturday.
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World
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Strawberry And Boggs Are On Hall Ballot Wade Boggs, a five-time American League batting champion, and Darryl Strawberry, an eight-time All-Star, are among 12 players who will appear on the Hall of Fame ballot for the first time.
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Sports
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Russia holds out on Iraq debt plan Russia has not agreed to a German-US proposal that would forgive up to 80 percent of Iraq #39;s foreign debt, according to German Finance Minister Hans Eichel.
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World
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World
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Microsoft opens portals for governments The Solutions Sharing Network allows government entities to post their own tips, procedures and even in-house software.
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Sci/Tech
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Sci/Tech
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Ump #39;s terrible call hurts Serena, tennis NEW YORK -- She used the word conspiracy, as if someone is out to get the Williams family. quot;At first I thought it was another Wimbledon conspiracy, quot; Serena Williams said in discussing one of the most flagrantly awful calls in the history of tennis,.
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Update 4: Walgreen Earnings Rise 18 Percent in 4Q Walgreen Co. increased its fourth-quarter profits by 18 percent despite slower growth in prescription drug sales industrywide, taking market share from competitors as it gains ground on the biggest US retailers.
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Business
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Business
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Fast lifts rise into record books Two lifts at the world's tallest building in Taipei have been declared the fastest on the planet.
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World
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Trump Hotels, Hurt by Debt, Files for Bankruptcy (Update1) Donald Trump #39;s Trump Hotels amp; Casino Resorts Inc. filed for bankruptcy protection with a plan to cut debt by \$400 million and renovate its properties.
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Business
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Business
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ABC Poll Puts Bush 4 Points Ahead of Kerry (Reuters) Reuters - President Bush held on to a slim\lead in an ABC News poll released on Sunday, getting 50 percent\of the vote against 46 percent of likely voters who supported\his opponent, Sen. John Kerry.
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World
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New Technology Helps Europe Get to the Moon The European spacecraft, SMART-1, is set to establish a standard orbit around the moon on Monday evening after a thirteen month journey towards earth #39;s satellite.
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Cheney Echoes Bush's Criticism of Kerry (AP) AP - Vice President Dick Cheney on Wednesday echoed President Bush's latest sharp challenge of Sen. John Kerry's fitness to serve as commander in chief as the Republican No. 2 basked in approval from GOP supporters cheered by his debate performance.
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World
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Australia in for Davis Cup kill Australia is expected to clinch its Davis Cup relegation tie against Morocco in Perth today when doubles partners Wayne Arthurs and Todd Woodbridge take to the court.
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