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Dennis Kozlowski, former CEO of Tyco, and Mark Swartz, former CFO were convicted yesterday for charges of fraud, conspiracy and grand larceny.
Oil prices soared on Friday wiping away the previous record of $58.28 set back in early April. Trading on the July contact settled in at $58.47 and since trends don't show signs of slowing, most experts expect the $60 a barrel mark shortly, maybe even next week.
The other day Yahoo launched a beta version of its new Yahoo Search Subscriptions service, which lets users search a number of subscription content sources and the web from one search box.
Yesterday Intel announced that it has developed chip technology made for supporting current and future Wi-Fi standards.
The Planetary Society and Cosmos Studios plan to sail the old-fashioned way: by the seat of their pants. The two groups put together a solar sail project and they plan to send it to the stars on Tuesday, June 21st, 2005, summer solstice. If this project flies, the next stop will be the "second star to the right and straight on til morning."
Consumers cringed in fear today as oil prices skyrocketed almost two dollars today. After hitting the $58.60 mark, it settled down to $58.47 for the contract set for July delivery. The previous record was set back in April at $58.28. It won't stop there.
