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Shell Oil has notified its U.S. employees that an IT contractor used the personal data of four Shell workers to file fake unemployment claims in Texas.

…if you are the single newspaper in San Francisco or Kansas City or St. Louis, you are just highly constrained about how rigorous you can be in the accuracy of your reporting. Because the whole model is: You are appealing to everybody. Because the whole model is: You are appealing to everybody. … That's why the existence of an independent media sector is so important.

Talking Points Memo is one of the more notable successes in independent journalism and using blogs as a format for journalism. It has broken at least a couple of stories that got picked up by the mainstream press: The Duke Cunningham bribery scandal, and the U.S. Attorneys firing scandal. It's grown from being a one-man shop in 2000 to a staff of ten today. Josh Marshall talks about how it came to be.

WASHINGTON (Reuters) - The Federal Reserve on Tuesday announced it would create a special-purpose facility, with the Treasury Department's blessing, to begin buying commercial paper in yet another emergency move aimed at calming chaotic financial markets.

Friday's conviction of former pro football star O.J. Simpson on charges related to the armed robbery of two sports memorabilia dealers could be used by malicious spammers to trick computer users, according to MX Logic.