Preciosa Dumlao

Software giant Microsoft Corp on Wednesday unveiled the next version of Windows, internally code-named "Windows 8," to help the partners build devices that take advantage of the new user experience at the 2011 Computex.

Many times NBA All-Star player Shaquille O'Neal is retiring from the National Basketball Association.

Volkswagen of America, Inc. today announced pricing for the all-new 2012 Passat, a vehicle that brings new standards to the highly competitive midsize segment, with a starting MSRP of $19,995. The 2012 Passat offers exceptional features and premium options in three power trains and a variety of equipment levels, with equally impressive pricing.

Boeing (NYSE: BA) added another continent operating the new Boeing Sky Interior with last week's delivery of a Next-Generation 737-800 to GOL Airlines - one of the world's leading low-cost airlines and launch customer in Latin America for Boeing's innovative interior.

The world's most passionate online gaming community can now connect, compete and improve their Call of Duty multiplayer experience through Activision's (Nasdaq: ATVI) innovative new online service, Call of Duty Elite.

Sedgwick Claims Management Services, Inc. (Sedgwick CMS) today announced that it has acquired the assets of Cambridge Integrated Services Group, Inc. ("Cambridge") including the stock of Cambridge Galaher Settlements & Insurance Services, Inc., a direct, wholly-owned subsidiary of Cambridge.

The latest edition of the Enforcement Reporter published by the Hong Kong Securities and Futures Commission (HK-SFC) reports that the latter has recently reached two other agreements on Lehman Brothers (LB)-related products, involving repurchase offers totaling approximately $1.489 billion. To date, the SFC has reached agreements with 25 distributors and non-distributors of such products.

The California Public Employees' Retirement System (CalPERS) has strongly endorsed a new guide by the Investor Steering Committee of the Alternative Investment Management Association (AIMA), the global hedge fund association, to promote better alignment of interests between institutional investors and hedge fund managers.

In a paper released today by the School of Public Policy in Canada, Duanjie Chen and Jack Mintz analyze small business tax policies. The authors find that despite the common belief that small business tax concessions encourage job creation and economic growth, this cannot be substantiated.

His Highness the Prime Minister of Kuwait Sheikh Nasser Al-Mohammed Al-Ahmad Al-Sabah called on all parties to adhere to the Amir's directives to respect the Constitution and the laws for the best interest of the country. The premier's remarks were made on Sunday amidst political tensions in some parts of the Middle East.

Space shuttle Endeavour is scheduled to return to Earth for the final time on Wednesday, June 1, completing a 16-day mission to outfit the International Space Station. If Endeavour lands Wednesday, it will have spent 299 days in space and traveled more than 122.8 million miles during its 25 flights. It launched on its first mission on May 7, 1992.

In an unprecedented on-orbit maneuver, Commander Mark Kelly completed the first ever Orion Multi-Purpose Crew Vehicle (MPCV)-like approach to the International Space Station at 3:24 a.m. CDT today as part of the Sensor Test for Orion Relative Navigation Risk Mitigation (STORRM). The orbital rendezvous verified the successful operation of the MPCV's next generation docking sensor, which NASA has identified as a critical technology needed for future space exploration missions.

Globe Telecom, one of the leading mobile operators in the Philippines (over 27 million subs), is launching VMS (Video Message Service) nationwide. By doing so, Globe will be the first to market VMS as a new media channel to their subscribers.

Samsung Electronics Co., Ltd., the world leader in advanced memory technology, today announced that it is the first in the industry to start mass producing 32 gigabyte (GB) memory modules, essential for cloud computing and advanced server systems, using 30 nanometer (nm) class* four gigabit (Gb) DDR3 DRAM chips.

Two in ten people planning to swim, boat or fish this summer cannot swim well, according to a new national survey by the American Red Cross.

Gulfstream Aerospace Corp. has resumed the G650 flight-test program, following a temporary suspension of flying after an April 2 accident. The first flight since the accident took place May 28, with Serial Number 6001 flying for 1 hour and 39 minutes. The crew included senior experimental test pilots Jake Howard and Tom Horne and Flight Test Engineer Bill Osborne.

Budweiser is asking adult men across America to help save one million gallons of water by not shaving in the days and weeks leading up to World Environment Day (June 5). As part of Budweiser's ongoing commitment to water conservation, the Grow One. Save a Million. program allows consumers to get involved and save roughly 5 gallons of water for each shave they skip.

As international concern grows over the mounting toll of fighting in Libya, Congressman Mario Diaz-Balart (R-FL) is urging his colleagues in Congress to give "serious attention" to increasing evidence that members of the Algeria-backed Polisario Front are among those "being recruited and participating as mercenaries in Col. Gadhafi's murderous campaign against the Libyan people." Earlier this month, the International Criminal Court issued arrest warrants for Libyan leaders, callin...

Xcel Energy announced today it has launched its first-ever iPhone application called "Bulb Blasters," a game with a mission to conquer energy inefficiency.

The National Press Club criticized Thursday a decision by the Justice Department to subpoena a New York Times reporter to testify in a criminal trial about who leaked him information for a book he wrote.

Omega-3 fatty acids, combined with two blood-thinning drugs, significantly changed the blood-clotting process and may reduce the risk of heart attacks in patients with stents in their heart arteries, according to research reported in Arteriosclerosis, Thrombosis and Vascular Biology: Journal of the American Heart Association.

NASA has selected Fibertek of Herndon, Va., to design, develop, fabricate, test and deliver laser systems to be used for the Ice, Cloud, and land Elevation Satellite-2 (ICESat-2) mission scheduled to launch in 2016. NASA's Goddard Space Flight Center in Greenbelt, Md., manages the ICESat-2 Project.

Seniors have lost almost one-third of their buying power since 2000, according to the Annual Survey of Senior Costs, released today by The Senior Citizens League (TSCL). TSCL is one of the nation's largest nonpartisan seniors advocacy groups.

Queen Latifah, winner of Grammy, Golden Globe and SAG awards, has partnered with leading multichannel retailer HSN for the exclusive launch of the Queen Collection, her first-ever lifestyle brand. On August 27, Latifah will debut a unique collection of apparel, handbags and outerwear, and will introduce a hair extension line in September. The premiere will feature designs inspired by her personal style and design aesthetic.

Mercer Investment Consulting, Inc. (Mercer) announced that it has signed a definitive agreement with Milliman, Inc., to acquire portions of its wholly-owned investment consulting subsidiary, Evaluation Associates LLC. In a related transaction, Callan Associates Inc. will acquire from Evaluation Associates its public sector investment consulting business.

Year-to-date cash contributions through April 2011 to equity and mixed funds globally surpassed fixed income for the first time since the financial crisis, according to Strategic Insight's monthly global flow review.

Thick cloud coming from an erupting volcano in Iceland has covered some parts of the UK, Scotland up to northern England Tuesday, disrupting air traffic and leaving thousands of passengers stranded in several airports.

Israeli Prime Minister on Tuesday declared his country is willing to give up some settlement sites in the name of peace, but at the same time laid out demands that are seemingly unacceptable for the Palestines.

A unit of Munich Re, the world's largest re - insurer, Ergo is under fire for reportedly hosting an orgy to reward "deserving" salesmen.