Oil rises toward $100 on U.S. data, eyes ECB

Oil rose toward $ 100 a barrel on Wednesday as supportive economic and crude stocks data from the United States outweighed pressure from Europe’s lingering debt crisis.

Brent crude rose more than $ 1.10 to $ 99.94 before easing back to $ 99.75 by 0819 GMT. U.S. crude climbed $ 1.06 to…

Apple’s Mountain Lion operating system is a move toward technological convergence

Apple Chief Executive Tim Cook on Thursday revealed a new version of its operating system for the electronics maker’s laptop and desktop computers.

Cook said the product, dubbed Mountain Lion, will be made available to developers Thursday with a wider release to consumers slated for this summer.

Mountain Lion will take a page from Apple’s iOS, which is the software that runs on iPads and iPhones. Its…