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US Steel gets warning shot on ratings from S & P

June 29, 2012 9:50 am | by The Associated Press | News | Comments

Standard & Poor's lowered its outlook on U.S. Steel Friday, citing weaker prices and sagging demand for steel. S&P cut U.S. Steel to negative from stable but kept its rating on the company's debt at BB, two notches down from the lowest investment grade.S&P credit analyst Marie Shmaruk said in a...

Melrose buying Elster Group for about $2.3 billion

June 29, 2012 9:50 am | by The Associated Press | News | Comments

British investment firm Melrose PLC is buying German electricity, gas and water measurement and control provider Elster Group SE for about $2.3 billion.Melrose, which concentrates on engineering companies, said Friday that it will pay $20.50 per American depositary share. The offer represents a...

Delta pilots ratify new contract

June 29, 2012 9:50 am | by JOSHUA FREED - AP Airlines Writer - Associated Press | News | Comments

Pilots at Delta Air Lines Inc. say they have approved a new contract that will bring them raises and also allows the airline to fly more 76-seat regional jets.Pilots will get raises of almost 13 percent over the life of the contract. It takes effect on Sunday and runs through the end of 2015.It was...


NC regulators clear hurdle to Duke-Progress merger

June 29, 2012 9:50 am | by EMERY P. DALESIO - AP Business Writer - Associated Press | News | Comments

North Carolina utilities regulators have approved the merger of Duke Energy and Progress Energy, the last major hurdle to creating the largest American electric company.North Carolina Utilities Commission Chairman Edward Finley Jr. said Friday the deal was the best possible in an environment of...

Biogen and Isis will study muscular dystrophy drug

June 29, 2012 9:50 am | by The Associated Press | News | Comments

Biogen Idec Inc. and Isis Pharmaceuticals Inc. said Friday they will work together to develop a treatment for the most common type of muscular dystrophy in adults.Biogen agreed to pay Isis $12 million upfront. The Carlsbad, Calif., company could get $59 million in development milestone payments...

7 Things Natural Disaster Teaches Us about Safety

June 29, 2012 9:32 am | by Alan Nicol, Executive Member, AlanNicolSolutions | Blogs | Comments

The city where I live is currently assaulted by wildfire. It’s been a busy week helping friends, strangers, and firefighters in the miniscule ways I can and still trying to keep up with business as usual or unusual. So, I confess that local events that dominate my attention inspire the thoughts that I would share in this week’s post.

Pimp My Prosthetic

June 29, 2012 9:22 am | by Meaghan Ziemba, Associate Editor, PD&D | Articles | Comments

While teaching at Carnegie Mellon in Pittsburg, PA, Scott Summit, co-founder and chief technology officer of Bespoke Innovations, had some ideas he wanted to explore, so he burned his savings on prototypes and patents to test his concepts.

Colorado tax on energy purchases ending

June 29, 2012 8:50 am | by The Associated Press | News | Comments

Colorado business leaders are cheering as a temporary 2.9 percent state sales-and-use tax on the industrial purchase of energy comes to an end.A measure passed by lawmakers in 2010 temporarily eliminated the sales-and-use tax exclusion for energy. Businesses say the tax cost them about $26...


Dow Chemical forms new joint venture

June 29, 2012 8:50 am | by The Associated Press | News | Comments

Dow Chemical is moving forward on a joint venture with a Turkish acrylic fiber company to manufacture and commercialize carbon fiber and derivatives.Dow and Aksa Akrilik Kimya Sanayii A.S. had initially agreed to form the joint venture, DowAksa Advanced Composites Holdings BV, in December. The...

Toyota to recall Lexus SUVs to fix floor mat

June 29, 2012 8:50 am | by TOM KRISHER - AP Auto Writer - Associated Press | News | Comments

Toyota is adding two Lexus SUVs to its huge recalls for unintended acceleration.The National Highway Traffic Safety Administration says it has asked Toyota to recall about 154,000 Lexus RX 450 H and RX 350 SUVs from the 2010 model year.The safety agency says it made the request after reviewing...

Trelleborg Offshore Passive Fire Protection Awarded ISO Accreditation

June 29, 2012 8:34 am | by Trelleborg Offshore | News | Comments

Trelleborg Offshore has been awarded the ISO 22899 certification for its passive fire protection material, Firestop.

Hirose Electric Appointments Kazunori Ishii as President

June 29, 2012 8:28 am | by Hirose Electric | News | Comments

  Hirose Electric has named Kazunori Ishii as President, effective June 28, 2012.

Digital Compasses from STMicroelectronics

June 29, 2012 8:17 am | by STMicroelectronics | News | Comments

STMicroelectronics ( NYSE: STM ) has expanded its sensor portfolio with an ultra-compact, high-performance e-compass module.

Turning Product Ideas into Reality

June 29, 2012 8:11 am | by Cambridge Consultants | News | Comments

How does a start-up company convince investors to help turn a bathtub idea into a warehouse full of products?

Mouser Raises Overall IQ on Smart Grid Technology

June 29, 2012 8:03 am | by Mouser Electronics | News | Comments

Mouser Electronics  has launched a new technology site on covering Smart Grid Technology .


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