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Manchester United to receive $559M from GM

August 3, 2012 1:50 pm | by RONALD BLUM - AP Sports Writer - Associated Press | News | Comments

Manchester United will receive $559 million under its seven-year shirt sponsorship agreement with General Motors Co.'s Chevrolet division.Chevrolet takes over from the insurer Aon starting with the 2014-15 season. Manchester United said it will receive $70 million during the first season of the...

Photos of the Day: Stack-em-up Robot

August 3, 2012 1:08 pm | by BEUMER | News | Comments

Clariant utilizes a BEUMER robotpac articulated arm robot fitted with a special gripper tool to enable the stacking of natural, semi-synthetic and synthetic waxes in bags on pallets gently, quickly, and with high quality and accuracy.

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GM predicts substantial European losses this year

August 3, 2012 12:50 pm | by The Associated Press | News | Comments

General Motors expects its European operations to incur "substantial losses" for the rest of the year because auto sales in the region will not improve, the company said in a regulatory filing Friday.The outlook was bleaker than GM's executives portrayed on Thursday, when the company released...

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Earnings Preview: CVS Caremark reports 2Q Tuesday

August 3, 2012 12:50 pm | by The Associated Press | News | Comments

CVS Caremark Corp. gained millions of new prescriptions in this year's first quarter due to the business break up of competitors Walgreen Co. and Express Scripts. Investors will want an update on that impact when CVS Caremark reports second-quarter numbers Tuesday.WHAT TO WATCH FOR: CVS Caremark,...

Washington regulator investigates Waste Management

August 3, 2012 12:50 pm | by The Associated Press | News | Comments

Washington regulators are investigating Waste Management Inc.'s response to an eight-day Teamsters strike that disrupted garbage, yard waste and recycling collections for more than 200,000 customers in the Seattle-Everett area.The state Utilities and Transportation Commission sent a letter to...

Alaska Air passenger traffic rises 8.5 percent

August 3, 2012 12:50 pm | by The Associated Press | News | Comments

Traffic on Alaska Airlines and Horizon Air rose 8.5 percent in July as planes were nearly full during the heart of summer vacation season.Passengers on the airlines, both owned by Alaska Air Group Inc., flew 2.55 billion miles last month, up from 2.35 billion in July 2011.That outstripped an 8...

AT & T sets deadline for 2G sunset in 4 years

August 3, 2012 12:50 pm | by PETER SVENSSON - AP Technology Writer - Associated Press | News | Comments

AT&T Inc. said Friday that the shutdown of its second-generation, or "2G," wireless network will be complete by the end of 2016, a process that will force customers with older phones to upgrade to "3G" or "4G" handsets.In a regulatory filing, the Dallas-based company said 12 percent of its...

Photos of the Day: C-5 Galaxy Transport Aircraft

August 3, 2012 12:06 pm | by Meaghan Ziemba, Associate Editor, PD&D | News | Comments

Built by Lockheed, the C-5 Galaxy transport aircraft provides the United States Air Force with intercontinental-range strategic capability carry outsize and oversized cargos. (All photos were taken at the 2012 EAA AIrVenture airshow in Oshkosh, WI on July 24 th and 25 th , 2012)

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Photos of the Day: C-17 Globemaster III

August 3, 2012 12:06 pm | by Meaghan Ziemba, Associate Editor, PD&D | News | Comments

Built by Lockheed, the C-5 Galaxy transport aircraft provides the United States Air Force with intercontinental-range strategic capability carry outsize and oversized cargos. (All photos were taken at the 2012 EAA AIrVenture airshow in Oshkosh, WI on July 24 th and 25 th , 2012)

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Partners in Open Innovation

August 3, 2012 11:51 am | by Louise Rainone, Vice President of Marketing, PCDworks | Blogs | Comments

I’m not sure what was more impressive, the Grande Palace in Brussels or the all-star line up at the First Annual European Open Innovation Summit (EOIS), held in Belgium in late May.

US rig count increases by 6 to 1,930

August 3, 2012 11:50 am | by The Associated Press | News | Comments

The number of rigs actively exploring for oil and natural gas in the U.S. rose by six this week to 1,930 from the previous week. The count had fallen for three consecutive weeks.Houston-based oilfield services company Baker Hughes Inc. reported Friday that 1,429 rigs were exploring for oil and...

FDA clears Regeneron-Sanofi colon cancer drug

August 3, 2012 11:50 am | by The Associated Press | News | Comments

The Food and Drug Administration on Friday approved a new colorectal cancer drug developed by French drugmaker Sanofi and Regeneron Pharmaceuticals Inc.The FDA approved Zaltrap for use in combination with a common chemotherapy regimen called FOLFIRI. The drugs are intended to treat colorectal...

Wife: Emails show NY man plotted to fake his death

August 3, 2012 11:50 am | by FRANK ELTMAN - Associated Press - Associated Press | News | Comments

A jobless man who was reported missing after going for a swim in New York — only to turn up days later speeding down a South Carolina highway — had sent emails discussing a plot to fake his own death, his wife said Friday.Evana Roth said she had no part in her husband's scheme and discovered it...

Entering the Belly of the Beast

August 3, 2012 11:47 am | by Meaghan Ziemba, Associate Editor, PD&D | Blogs | Comments

At this year’s EAA AirVenture airshow in Oshkosh, WI, I was excited to take advantage of the media credentials that I didn’t possess last year. Not only was I able to cross barriers that regular attendees couldn’t, but I was also able to jump in front of lines and get exclusive photos of some of the aircraft showcase at the event. My favorite was the C-17 Globemaster III transport aircraft.

Earnings schedule for week of 8/6/2012

August 3, 2012 10:50 am | by The Associated Press | News | Comments

Major companies tentatively scheduled to report quarterly earnings next week:MondayNo major announcements expected.TuesdayCVS Caremark Corp. reports quarterly financial results.Express Scripts Holding Co. reports quarterly financial results.Priceline.com Inc. reports quarterly financial...

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