No more asking around the office for the right sort of charger. At least that’s what European Union and cell phone makers are hoping. The world’s leading mobile phone makers announced Monday that they will ensure that their data-enabled phones and chargers…

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Mobile phone – European Union – Business and Economy – Telecommunications – Günter Verheugen

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EU, phone makers agree on charging standard

NATO has replaced the flotilla conducting anti-piracy patrols off Somalia for the past three months with a new force that will continue the operation “indefinitely,” a spokesman said Monday. Last month, NATO defense ministers met in Brussels to consider ways…

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Piracy in Somalia – Somalia – Belgium – Piracy – Pompei

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New NATO flotilla takes over anti-piracy patrols

Russian gamblers are placing their final bets before casinos close down for good in Moscow and other big cities. A new law that comes into effect Wednesday says gambling must now be confined to four far-flung special zones. Casinos and slot machines will now…

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Moscow – Gambling – Slot machine – Russia – Russian language

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Russian casinos to close in Moscow, other cities

Bernard Madoff’s wife says she feels “betrayed and confused” by the actions of her husband. Ruth Madoff said in a statement Monday that “the man who committed his horrible fraud is not the man whom I have known for all these years.” Her 71-year-old husband…

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Bernard Madoff – Fraud – Business – Ponzi scheme – United States

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Ruth Madoff says she feels ‘betrayed and confused’

Bernard Madoff likely to die in prison after a federal judge sentences him to a 150-year term for multibillion dollar Ponzi scheme

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Madoff Given 150 Years for Huge Fraud

What Wall Street analysts are saying about selected stocks in the news Monday

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Analyst Picks and Pans: Alcoa, PepsiCo, Discover

Does anyone ever really retire? Not necessarily, according to a new study Growing Old in America: Expectations vs. Reality by the Pew Research Center. Of the 2,969 adults surveyed, 83% of adults ages 65 and older describe themselves as retired, ?but the word means different things to different people,? the data show. Just three-quarters of adults (76%) 65 and older fit “the classic stereotype of the retiree who has completely left the working world behind,” the survey says. Which begs the question: What kind of jobs do the other 24% have? Is it volunteer work or are they employed as a greeter at Wal-Mart (WMT)? The answer seems to be a mix of different jobs. For example, 8% of the ?still-working? respondents say they are retired but working part time. Another 11% of the 65-and-older population describe themselves as still in the labor force, though not all of them have jobs. We?ve been thinking the impact of the recession on retirement a lot lately. We are putting the finishing touches on our summer retirement issue, which will be out in early July. What?s encouraging for people who dream of spending their golden years at the golf course or on a porch sipping lemonade is that only 2% of the ?still-working group? in the “Growing Old in America” survey they are retired but working full time while just 3% say they are retired but looking for work. Considering the economic downturn, those numbers seem surprisingly low. (Interviews were conducted from Feb. 23 to March 23, 2009.) Whatever the fuzziness around these definitions, one trend is crystal clear from government data: After falling steadily for decades, the labor force participation rate of older adults began to trend back upward about 10 years ago. In the Pew Research survey, the average retiree is 75 years old and retired at age 62. (In 2002, it was 92.) The Growing Old in America report is chock-full of data on other topics impacting the elderly, such as living arrangements, family relationships, and end-of-life wishes. Two data points that caught my eye: Respondents think old age begins at 68 while the ideal age to die is 89. What do you think? Do you think you will be retired by age 62? If not, at what age do you plan to retire?

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Is Retirement at Age 62 Still Possible?

Historic swindler Bernard Madoff was sentenced to 150 years in prison Monday for a fraud so extensive that the judge said he needed to send a symbolic message to potential imitators and to victims who demanded harsh punishment. Scattered applause and whoops…

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Bernard Madoff gets maximum 150 years in prison

Investors are riding higher energy prices into the close of a strong quarter. Energy, industrial and materials stocks led the market higher in light trading volume Monday as investors looked to put money into areas that would benefit from an improving…

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Business – United States Department of Commerce – Investing – Commodities and Futures – Consumer Confidence Index

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Rising oil, commodity prices pull stocks higher

A fire official says a small construction fire has been extinguished on the 46th floor of a tower being built at a Las Vegas Strip resort. Clark County fire spokesman Scott Allison says firefighters are being released after an initial two-alarm call at 8:35…

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Las Vegas Strip – Scott Allison – Clark County Nevada – United States – Nevada

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Construction fire doused at Las Vegas Strip resort

WASHINGTON (Reuters) – The U.S. Supreme Court said on Monday it rejected an appeal by film studios and television networks of a ruling allowing a new digital video recorder service by New York cable operator Cablevision Systems Corp.

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Court rejects appeal on Cablevision network DVR

NEW YORK (Reuters) – Disgraced financier Bernard Madoff was sentenced to 150 years in prison on Monday for perpetrating the biggest and most brazen investment fraud in Wall Street history.

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Madoff sentenced to 150 years in prison

Several African nations are among those that have made great improvements in how their people are governed, with Botswana even on a par with many more-developed Western nations, the World Bank and the Brookings Institution said in a report released Monday….

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Botswana – World Bank – Africa – Brookings Institution – Western world

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World Bank study finds major Africa improvements

Shares jumped Monday at two companies that could benefit from a Pentagon decision on the supplier of mine-protected vehicles for U.S. troops. Analyst James McIlree of Collins Stewart said in a note to investors Monday he believes Force Protection Inc., BAE…

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Pentagon – United States – Force Protection Inc – Military – US

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Pentagon decision could benefit 2 manufacturers

Insurance companies in California will have 90 days to report all Iran-related investments. Insurance Commissioner Steve Poizner says he’s trying to ensure compliance with a state law that prohibits investment in Iran’s government or companies associated with…

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Calif. to seek Iran investment info from insurers