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...dominant view had been to expect a further one-quarter percent rate hike in June, but if the economy continues to show strength that may well turn into a half-point increase," says TIME Senior Business Writer Bernard Baumohl. "Even in increments, the rate increases eventually dim the outlook for profits, and that has an impact on the market. The Fed has been stepping more and more firmly on the brake to slow the economy, but investors are clearly uncertain as to whether the brakes have yet taken hold...
...unassuming Microsoft Excel file known as a macro. Ethan, Marker, Class and Footer hide inside Microsoft Word macros. Happy, Form and Chernobyl work on Windows, while big-league heavies like Explore.zip (not to mention year 2000 contenders Kakworm, Bubbleboy and, of course, ILoveYou) head straight for Microsoft Outlook Express...
Security experts have long warned that Microsoft software is so widely used and so genetically interconnected that it qualifies as a monoculture--that is, the sort of homogeneous ecosystem that makes as little sense in the business world as it does in the biological. Using Word, Excel and Outlook exclusively on Windows machines in a company network "is like planting Kansas with the same grain of wheat," says Bill Cheswick, a senior researcher at Lucent. When a virus preys on the crop, nothing is left standing. The companies hit hardest by the Love Bug were closed Microsoft shops. Users...
...lost on the trustbusters at the Justice Department. Their legal bid to break Microsoft in two is intended to promote precisely such healthy genetics. The most overused example of what would happen if the Windows half of Microsoft were wrenched from the half that produces Word, Excel and Outlook is that the latter would start churning out versions of its products for rival operating system Linux. Call it enforced crossbreeding...
...Still, the company recognizes the threat from at least one source of infections. The latest version of Word profits from its predecessor's mistakes and comes with macros disabled by default, meaning that viruses like Ethan, Marker and even Melissa will find it harder to gain a toehold. But Outlook's macros are set to remain stubbornly open to infection, meaning that the field is ripe for the next infestation of Love Bugs...