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U.S. searching for a nuclear waste graveyard
Congress has killed the Yucca Mountain nuclear repository project, so the United States has no central location for storing nuclear waste; 50,000 metric tons of toxic nuclear waste that has already been produced by the U.S. nuclear plants; 30,000 metric tons more of nuclear waste is expected to be generated in the coming decades
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Questions raised about private inspections of food companies
What the mortgage meltdown did to the financial services sector, the recent salmonella outbreak has done to to food industry: critics charge that both cases exposed the inherent weaknesses of industries regulating and inspecting themselves
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Project allowing Mexican long-haul trucks into U.S. ends
Two years ago the Department of Transportation launched a pilot project allowing Mexican long-haul trucks to carry their cargo from the Mexican origin all the way to the U.S. destination, without transferring the cargo to an American carrier; Congress removed funding for the project from the omnibus spending bill
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U.K. looking for a single search and rescue helicopter fleet
The U.K. Ministry of Defense and Ministry of Transportation are planning to acquire one helicopter for both military and domestic search and rescue missions; the single SAR fleet of aircraft will succeed the existing service in 2012
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Roche takes over Genentech for $47 billion
Swiss drug giant pays $95 per share for 44 percent of Genetech (Roche already owns 56 percent); the combined company would be the seventh-largest U.S. pharmaceutical company in terms of market share and would generate about $17 billion in annual revenues with a payroll of around 17,500 employees in the U.S. pharmaceuticals business alone
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EADS shows solid 2008 results
EDAS reports 11 percent increase in revenues to €43.3 billion and a record order book for the group that stands at €400 billion; A400M program problems loom
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F&S: Classifeye's solution offers strong authentication in a snapshot
Frost & Sullivan gives thumbs up to Classifeye biometric solution; Classifeye has developed a solution that uses the camera built into the mobile handset; by taking a picture of two fingers with the camera, Classifeye’s solution can biometrically authenticate the user
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U.S. airline security measures hamper exporters from the Marshalls
Businesses in Micronesia are worried about a new TSA security directive which stipulates that freight can no longer be accepted from individual shippers, and must be forwarded through a cargo agent, consolidator, or freight forwarder
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U.K. ID and Passport Service brings in ad men
The debate in the United Kingdom about the merit of a national biometric ID continues, but the Identity and Passport Service is not waiting
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Job applicants especially susceptible to identity theft
Those who lose their jobs during an economic slow down tend to respond to dozens of ads in newspapers and on the Internet in search of a new job; they thus become more susceptible to identity theft scams
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L-1 wins $8.3 million U.S. Army contract for HIIDE 4.0 biometric device
HIIDE is a rugged hand-held biometric enrollment and recognition device providing real-time identification using iris, finger, and face biometrics. More than 7,500 devices are currently fielded into areas of conflict around the world
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Economists: Markets outperform patents in promoting intellectual discovery
Researchers say that the problem with patents is that they give the prize to the winner only; whoever comes in second or third walks away empty-handed; allowing people to benefit even if they only tackle a part of a problem might well lead to more collaboration, and to the faster development of an ultimate solution to the whole problem
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School begins using biometric facial recognition
St. Neots Community College in Huntingdon, Cambridgeshire, has launched a facial recognition technology to identify students and check their attendance
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Spyware big seller in China
The Chinese government no longer has a monopoly over domestic spying; sales of James Bond-like hidden surveillance tools such as cameras disguised as pens or buttons to companies and individuals soar
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Defense group Cobham announces robust 2008 results
Profits up 18 percent; total revenue for the whole group increased to £1.467 billion from £1.061 billion and trading profit was up by 27 percent to £252 million from £199 million
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More headlines
The long view
Ransomware Attacks: Death Threats, Endangered Patients and Millions of Dollars in Damages
By Dino Jahic
A ransomware attack on Change Healthcare, a company that processes 15 billion health care transactions annually and deals with 1 in 3 patient records in the United States, is continuing to cause massive disruptions nearly three weeks later. The incident, which started on February 21, has been called the “most significant cyberattack on the U.S. health care system” by the American Hospital Association. It is just the latest example of an increasing trend.
Chinese Government Hackers Targeted Critics of China, U.S. Businesses and Politicians
An indictment was unsealed Monday charging seven nationals of the People’s Republic of China (PRC) with conspiracy to commit computer intrusions and conspiracy to commit wire fraud for their involvement in a PRC-based hacking group that spent approximately 14 years targeting U.S. and foreign critics, businesses, and political officials in furtherance of the PRC’s economic espionage and foreign intelligence objectives.
European Arms Imports Nearly Double, U.S. and French Exports Rise, and Russian Exports Fall Sharply
States in Europe almost doubled their imports of major arms (+94 per cent) between 2014–18 and 2019–23. The United States increased its arms exports by 17 per cent between 2014–18 and 2019–23, while Russia’s arms exports halved. Russia was for the first time the third largest arms exporter, falling just behind France.
LNG Exports Have Had No Impact on Domestic Energy Costs: Analysis
U.S. liquified natural gas (LNG) exports have not had any sustained and significant direct impact on U.S. natural gas prices and have, in fact, spurred production and productivity gains, which contribute to downward pressure on domestic prices.