McNerney is Boeing’s New CEO

Boeing announced that it has elected W. James McNerney, Jr. to be the company's President, CEO, and Chairman of the Board, as of July 1.

Expressed Disappointment That Two Other Reporters Faced Going To Jail

Time magazine complied with a court order to turn over information regarding a leak in the White House that exposed the undercover identity of a CIA operative. U.S. District Court Judge Thomas Hogan told the magazine and two reporters yesterday they had one week to comply or be held in contempt of court and the reporters would go to jail.

Worldwide Raids on Illegal Filesharing

Law enforcement authorities from around the world raided illegal filesharing networks, making arrests and seizing computers. Today's assault led by the FBI hammered multiple locations in the Netherlands after a dozen raids yesterday.