WASHINGTON DC - Noting that the U.S. financial system "is still working against economic recovery," the Treasury Department Monday revealed details of its plan to address toxic assets weighing on banks' balance sheets. Treasury said one major reason the financial system is still facing challenges is because of "legacy assets" and securities that are compromising
DETROIT - More on the GM bailout, and GM bondholders are not happy. The AP reports bondholders say GM's turn around plan is too optimistic. They worry about getting paid in GM stock, because if GM eventually ends up going into bankruptcy that stock will be worthless. The irony, of course, is that if GM
DEWITT - The Clean Energy Coalition is now offering incentives to cover up to $5,000 of the cost to install or upgrade an existing gas pump capable of dispensing E85, a blend of 85 percent ethanol and 15 percent gasoline. Upgrading the pumps also would qualify a station owner to take advantage of significant tax
WASHINGTON DC - Seeking to boost the U.S. clean-energy industry, President Obama on Monday announced $1.2 billion for science research at national labs and a proposal to extend a business tax credit for investments in research and development. At an event at the White House, Obama told researchers and green-technology business people that their work
TETTNANG, Germany - Avira AntiVir started making waves a few years ago, scoring high on well-respected third-party antivirus detection and removal tests. Released today exclusively on Download.com, AntiVir 9 doesn't appear to have changed much--but that's only because the interface sports the slightest of what's new. A refreshed banner logo tops the list of UI
MILFORD, Mass. - ESG Research recently conducted a project focused on confidential data security that will be published soon. However, here are some interesting advance results that support this venerable security dictum that people are the biggest security vulnerability. ESG asked 308 North American and European security professionals from large organizations (i.e. 1,000 employees or
LONDON - The U.K. government is considering the mass surveillance and retention of all user communications on social-networking sites, including Facebook, MySpace, and Bebo. Vernon Coaker the U.K. Home Office security minister, on Monday said the EU Data Retention Directive, under which Internet service providers must store communications data for 12 months, does not go
VANCOUVER, Canada - The security expert who won $10,000 hacking a MacBook Air in less than two minutes last year won $5,000 on Wednesday by exploiting a hole in Safari in 10 seconds or so. Charlie Miller, principal security analyst at Independent Security Evaluators, used a MacBook running the latest version of the Mac OS
TROY - Technology executives will have an opportunity to explore emerging technology and most topical issues in IT at the 5th Annual Midwest Technology Leaders 2009 held at the MGM Grand Casino in Detroit on June 3. This technology symposium features influential local and national speakers, networking opportunities and an examination of regional and global
DETROIT - For those readers who are already InfraGard members, you will be receiving (or have already received) an email 'Save the Date' for an exciting event coming up in April. The event is a very hush-hush one that you will be glad you put some time aside for. So please do as the email