AFP - Scores of flatbed trucks began unloading a huge oil drilling machine Friday to dig a third rescue tunnel to 33 trapped miners, as one drill was nearly one-third of the way down and another lay idle for repairs.
AP - The Environmental Protection Agency on Friday ordered Enbridge Energy Partners to stop the flow of oil from its leaking pipeline outside of Chicago by noon Monday.
HealthDay - FRIDAY, Sept. 10 (HealthDay News) -- The U.S. Food and Drug
Administration may soon approve genetically modified salmon for humans to
eat, a prospect that is raising concern among some consumer advocates who
consider the fish a threat to both health and the environment.
Reuters - The International Monetary Fund said on Friday that downside risks to global recovery have intensified due to recent turbulence in sovereign debt markets and continued weakness in the financial sector.
AFP - More than 450 Chrysler bosses including ex-chairman Lee Iacocca sued Daimler AG and Cerberus Friday claiming they lost 100 million dollars in pensions in the automaker's bankruptcy.
AP - Two Seattle-area men pleaded guilty Friday to federal charges stemming from an illegal tax shelter that enabled wealthy clients — including philanthropist Robert Wood Johnson IV and Hollywood mogul Haim Saban — to avoid paying taxes on $1.3 billion in capital gains.
Reuters - All of the candidates running to be the next New York state attorney general support some form of moratorium on natural gas drilling and put the burden on industry to prove such drilling can be done without endangering drinking water.
Reuters - Investors are using options to brace for big swings next week as Wall Street enters the peak of the most volatile month for stocks historically.
India’s industrial output in July leapt by 13.8%, data showed yesterday — far outpacing market forecasts — as consumer demand in Asia’s third-largest economy remained robust.
Reuters - The Dow and S&P 500 closed the week with their seventh gain in eight sessions in a turnaround period for stocks that has seen investors' worst fears about the economy start to dissipate.
Reuters - The Treasury Department has selected Patricia Geoghegan to replace Kenneth Feinberg as the "pay czar" overseeing compensation at companies bailed out by the government.
The leather industry is planning to have a product engineering development facility at Ambur Trade Centre. They want such a such a facility to help footwear manufacturers, specially small and medium business enterpreneurs, with design and engineering capabilities and enhance production and exports.
SPACE.com - Most of the big, super-hot alien planets that
astronomers are searching for in old star clusters may have been destroyed long
ago, a new study suggests.
LiveScience.com - About 1,500 years before the modern world discovered the
antibiotic tetracycline, North Africans were fermenting and consuming it,
probably for most of their lives, according to a chemical analysis of the bones
of people who lived along the Nile.
NEW DELHI: Industrial output nearly doubled to 13.8 per cent in July, dispelling fears of a dip in demand and giving an impetus to achieving 8.5 per cent economic growth this fiscal.
The shortage of unskilled labour in the automotive sector is reaching a critical level as the industry will need 250,000 more workers over the next three years to serve the national growth target, says Wallop Tiasiri, director of the Thailand Automotive Institute.
Reuters - The U.S. government said it was resuming work on controversial human embryonic stem cell research on Friday after an appeals court ruled in its favor.
SPACE.com - Die-hard
"Star Trek" fans may want to dust off their Klingon dictionaries and take
a transporter to Europe for the debut of the first opera ever to be completely sung
in the invented science fiction language.
U.S. News & World Report - While the nation's real estate crash has been a nightmare for homeowners, it has created some outstanding opportunities for would-be buyers. Home prices in 20 major cities dropped 33 percent from the summer of 2006 to the spring of 2009--and in certain markets, the plunge was even steeper. At the same time, the federal government's efforts to revive the housing market have helped drive financing costs to record lows. Thirty-year fixed mortgage rates fell to an average of 4.32 percent for the week ending September 2. That's the lowest level in nearly 40 years of record-keeping. ...
The Christian Science Monitor - President Obama is the biggest booster of renewable energy since President Jimmy Carter. But on Friday he declined â or White House officials declined for him â to follow Mr. Carter's footstep and put solar power on his home rooftop.
Reuters - Wholesale inventories surged the most in two years in July, adding to signs that economic growth in the third quarter of the year may prove a bit stronger than many forecasters had expected.
AP - The government said Friday it's back in the business of funding embryonic stem cell research — at least for now — after an appeals court temporarily lifted a judge's ban.
India's industrial output in July surged by a forecast-busting 13.8 percent, data showed Friday, raising chances of further monetary tightening as early as next week to curb stubbornly high inflation.
The oil and natural gas industry is willing to cooperate with a federal study of natural gas drilling, but opposes regulation of a practice known as hydraulic fracturing.
Reuters - Michael Barr, assistant treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency will testify on Capitol Hill next week on the future of Fannie Mae and Freddie Mac .
AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.
Reuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple.
A woman who had just been suspended from her job in a Kraft Foods factory in Philadelphia, returned with a gun and opened fire, killing two people and injuring a third.
Husky Series HMG-448GE-CD Industrial Extended Temperature, 8-port Full Gigabit Managed Ethernet Switch supports four 10/100/1,000T Ethernet ports and 4 small form pluggable ports that support dual mode and digital monitoring interface. Unit provides self-recovery in under 10 msec on full load, allowing establishment of redundant Ethernet network. Its terminal block offers 12-48 Vdc and 18-30 Vac ...
LONDON (SHARECAST) - Factory gate inflation dropped to a six-month low in August as oil prices fell back. The Office for National Statistics reported producer prices grew by 4.7% last month from 5% in July. Market predictions had been for an annual rise of 4.8%.
BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...
The nation’s hotel industry, already struggling to pull out of its worst slump in decades, is now suffering from another loss in revenue because of the booming popularity of cell phones and laptop computers. In the past, hotel operators could expect to collect extra money by charging guests for in-room phone calls and on-demand movies. Share But today most guests check into a hotel packing cell ...
India's industrial output in July surged by a forecast-busting 13.8 percent, data showed Friday, boosting chances of further interest rate hikes to curb the country's stubbornly high inflation.
Fiat Industrial SpA , the unit that will be spun off from Fiat SpA by the end of the year, will have a board with a majority of members who aren’t Fiat executives, company documents show.
Italian industrial output rose less than economists forecast in July as domestic demand remained weak during the country’s export -led economic recovery.
India's July factory output figures were better than expected and there is a good case for the govt to increase its economic growth target for the current fiscal year, deputy head of the Planning Commission Montek Ahluwalia said.