Merrill Lynch & Co. chief U.S. strategist Richard Bernstein on Thursday cut his 12-month target for the Standard & Poor’s 500 Index to 960 from 1,050, saying that Wall Street remains excessively bullish.

S&P closed at 884 today. Still a good buy in the short time and a great buy in the long term. Go Bulls...

Merrill strategist cuts S&P target

Deadbeat CEOs plague companies
Huge sums lent to executives may never be paid back

CEO Sickening

"News reports late last week claimed that Sun and Apple have partnered to bring Sun's StarOffice suite of applications to Mac OS X. While Sun officials acknowledge work on an OpenOffice port for Mac OS X, the company denied a port of StarOffice is in the works."

booooooooooo......

No StarOffice planned for Mac OS X

Hewlett Packard has found a new club to use to pound researchers who unearth flaws in the company's software: the Digital Millennium Copyright Act.

Invoking both the controversial 1998 DMCA and computer crime laws, HP has threatened to sue a team of researchers who publicized a vulnerability in the company's Tru64 Unix operating system.

In a letter sent on Monday, an HP vice president warned SnoSoft, a loosely organized research collective, that it "could be fined up to $500,000 and imprisoned for up to five years" for its role in publishing information on a bug that lets an intruder take over a Tru64 Unix system.

Security warning draws DMCA threat

Federal prosecutors are expected to bring the first criminal charges against figures allegedly behind WorldCom Inc.'s $3.85 billion accounting scandal soon, sources close to the situation said on Tuesday.

WorldCom former Chief Financial Officer Scott Sullivan and former Controller David Myers have been under investigation by the U.S. Justice Department for their roles in improperly booking WorldCom routine expenses as capital spending.

The sources said the communications company, now under new management since the departure of WorldCom Chief Executive Officer Bernie Ebbers in April, would not be charged.

Will The Street see more CEOs in hand cuffs? Prob. not.

Charges Near over WorldCom Scandal

Consumers will be coughing up for all online media content by 2004, according to Factiva CEO Clare Hart, who sees a two-year turnaround for ISPs to get with the paid-for-content program.

“In two years we will see a turnaround in the consumer market. It’s going to take some time for publishers to build the infrastructure to bill consumers. In the meantime, consumers are going to learn that they have to pay, business users on the other hand have know this for a long time.”

Factiva CEO: News will cost in two years

WASHINGTON--The Recording Industry Association of America's Web site was unreachable over the weekend due to a denial-of-service attack.
The apparently deliberate overload rendered the RIAA.org site unavailable for portions of four days and came after the group endorsed legislation to allow copyright holders to disrupt peer-to-peer networks.

The malicious flood started on Friday and did not involve any intrusion into the RIAA's internal network, a representative for the trade association said on Monday afternoon. Nobody has claimed credit for the denial-of-service attack, which ended at 2 a.m. PDT on Monday

RIAA Web site disabled by attack

"In the eyes of many consumers the pricing issues surrounding supermarket "loyalty" card programs can be summed up in one simple concept: those who don't have a card pay more at the register. The stores portray it in a similar manner, but call it "rewarding loyal customers" with lower prices. But few things in life are truly simple, and supermarket cards are no different."

CASPIAN Consumers Against Supermarket Privacy Invasion And Numbering

Sports Illustrated Golf Online

Lots of great golf tips

Along the journey to Amen Corner, a foursome of women come upon a group of gentlemen who are searching the pine needles on an egg hunt for a lost Titleist.

The women have been patient. For several holes, they've watched the men lurch out of their cardigans, hitting shots that soar with the hook of a walking cane. Finally, the ladies venture into the delicate area of golf etiquette, politely asking, "Mind if we play through, fellas?"

It's Time for Augusta to Change