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Military grooms new officers for war in cyberspace

Military grooms new officers for war in cyberspace
By DAN ELLIOTT and BRIAN WITTEAssociated Press AIR FORCE ACADEMY, Colo. (AP) - The U.S. service academies are ramping up efforts to groom a new breed of cyberspace warriors to confront increasing threats to the nation's military and civilian computer networks that control everything from

Military grooms new officers for war in cyberspace

Military grooms new officers for war in cyberspace
By DAN ELLIOTT and BRIAN WITTEAssociated Press AIR FORCE ACADEMY, Colo. (AP) - The U.S. service academies are ramping up efforts to groom a new breed of cyberspace warriors to confront increasing threats to the nation's military and civilian computer networks that control everything from

Software problem shuts US options exchange

Software problem shuts US options exchange
By STEVE ROTHWELL and BERNARD CONDONAP Business Writers NEW YORK (AP) - Trading on the biggest exchange for financial options resumed Thursday following an outage caused by software problems. The Chicago Board Options Exchange reopened at 12:50 p.m. (1650 GMT) after being closed from the start of

US options exchange reopens after half-day outage

US options exchange reopens after half-day outage
By STEVE ROTHWELL and BERNARD CONDONAP Business Writers NEW YORK (AP) - Trading on the biggest exchange for financial options resumed Thursday following an outage caused by software problems. The Chicago Board Options Exchange reopened at 12:50 p.m. Eastern time after being closed from the start of

Hyundai Motor logs 15 percent drop in 1Q profit

Hyundai Motor logs 15 percent drop in 1Q profit
By YOUKYUNG LEEAP Business Writer SEOUL, South Korea (AP) - Hyundai Motor Co. said Thursday its first quarter net profit fell 15 percent as a labor dispute slowed car production in South Korea. The country's largest automaker said net profit fell to 2.1 trillion won ($1.9 billion) in the

China, 15 other Asian nations to start trade talks

China, 15 other Asian nations to start trade talks
By EILEEN NGAssociated Press BANDAR SERI BEGAWAN, Brunei (AP) - China and 15 other Asia-Pacific nations will kick off the first round of free trade talks next month to create one of the world's largest trading blocs, officials said Thursday. The Regional Comprehensive Economic Partnership is a

Stocks hold on to gains despite soft growth

Stocks hold on to gains despite soft growth
By PAN PYLASAP Business Writer LONDON (AP) - Markets were leaden-footed Thursday but mostly held on to big gains made this week, as investors continue to hope central banks will provide support to a weakening global economy. This week investors have had to contend with largely disappointing U.S.

7 charged with smuggling fish bladders to China

7 charged with smuggling fish bladders to China
By ELLIOT SPAGATAssociated Press SAN DIEGO (AP) - Seven people have been charged with smuggling bladders from an endangered fish in what authorities said Wednesday may be a growing international practice in which the bladders are sold for up to $20,000 each to be used in a highly desired soup. U.S

European recession hits major car makers

European recession hits major car makers
By DAVID McHUGHAP Business Writer FRANKFURT, Germany (AP) - Europe's stubborn recession cut deeply into profits at major automakers Ford, Volkswagen and Daimler, first-quarter results showed Wednesday as the industry began reporting earnings. Germany's Volkswagen AG said its first-quarter

House GOP preparing for debt showdown this summer

House GOP preparing for debt showdown this summer
By STEPHEN OHLEMACHERAssociated Press WASHINGTON (AP) - Preparing for another debt showdown this summer, House Republicans advanced a bill Wednesday to protect Social Security recipients and investors in Treasury bonds if the government hits the limit of its borrowing authority. The House Ways and