The Leading Source for Design Engineering News & Insight
Weekly US oil and gas rig count up by 5
November 4, 2011 10:50 am | by The Associated Press | News | CommentsThe number of rigs actively exploring for oil and natural gas in the U.S. rose by five this week to 2,026.Houston-based drilling product provider Baker Hughes Inc. reported Friday that 1,112 rigs were exploring for oil and 907 for natural gas. Seven were listed as miscellaneous. A year ago this...
Tenet to offer $750M in senior secured notes
November 4, 2011 10:50 am | by The Associated Press | News | CommentsHospital operator Tenet Healthcare Corp. said Friday it will sell $750 million in senior secured notes and use the proceeds to pay off some older debt.The Dallas company said the notes, which mature in 2018, will be sold through a private placement. Proceeds from the sale will be used to...
US Cellular: We turned down iPhone
November 4, 2011 10:50 am | by PETER SVENSSON - AP Technology Writer - Associated Press | News | CommentsU.S. Cellular Corp., the country's sixth-largest cellphone company, on Friday said it had the opportunity to carry the iPhone but turned it down because the phone is too expensive.It's the first U.S. carrier to acknowledge turning down the phone.Consumers pay $200 for the base model of the...
US clears blood thinner for irregular heart beat
November 4, 2011 10:50 am | by The Associated Press | News | CommentsU.S. government health officials approved a next-generation blood thinner called Xarelto to treat a common heart problem that can lead to stroke.The Food and Drug Administration officials approved the drug from Johnson & Johnson and Swiss drug maker Roche to prevent strokes in patients with...
Maplesoft Launches Maple Player for iPad
November 4, 2011 10:48 am | by Maplesoft | Maplesoft | Product Releases | CommentsMaplesoft has announced the release of the Maple Player for iPad, an application for the iPad that lets users view and interact with documents created in desktop Maple.
ICCNexergy Introduces the 220 Watt Desktop Power Supply
November 4, 2011 10:34 am | by ICCNexergy | Product Releases | CommentsICCNexergy, Inc. has announced the launch of its new 220 watt (220W) desktop power supply line.
Digi Offers Sprint Certified 3G System-on-Module
November 4, 2011 10:26 am | by Digi International features Qualcomm Gobi technology, which supports High Speed Packet Access (HSPA) or Evolution-Data Optimized (EV-DO) networks from the same cellular radio. | Digi International | Product Releases | CommentsDigi International ( NASDAQ: DGII ) has announced that the ConnectCore 3G – an embedded 3G system-on-module with integrated application processing – is now certified by Sprint.
Metrics, Models, Statistics, and Other Faerie Tales
November 4, 2011 10:02 am | by Alan Nicol, Executive Member, AlanNicolSolutions, LLC | Blogs | CommentsIt was the famous statistician and co-inventor of the Box-Cox power transform, Sir David Cox, who said, “All models are wrong; some models are useful.” One of my friends and colleagues taught me that quote and I have forever been indebted to him for providing me with the important message it intones.
Feds want Alcoa Bahrain suit delayed for probe
November 4, 2011 9:50 am | by The Associated Press | News | CommentsA Justice Department attorney wants a federal judge in Pittsburgh to give authorities at least six more months to investigate allegations that Alcoa Inc. and its affiliates bribed officials in the Persian Gulf state of Bahrain.The allegations were first made in a federal racketeering lawsuit...
Feds want Alcoa Bahrain lawsuit delayed for probe
November 4, 2011 9:50 am | by The Associated Press | News | CommentsA Justice Department attorney has told a federal judge in Pittsburgh that authorities want at least six more months to investigate allegations that Alcoa Inc. and its affiliates bribed officials in the Persian Gulf state of Bahrain.The allegations were first made in a federal lawsuit filed in...
Recycler cited after NY worker crushed to death
November 4, 2011 9:50 am | by The Associated Press | News | CommentsMetals recycler Metalico Inc. has been cited by federal regulators for safety violations at an upstate New York factory where an employee was killed in a baling machine accident.The Occupational Safety and Health Administration says Friday the company is suspected of repeated, serious workplace...
FDA clears blood thinner for irregular heart beat
November 4, 2011 9:50 am | by The Associated Press | News | CommentsFederal health officials have expanded approval of a blood thinning drug to millions of new patients with a common heart problem that can cause deadly strokes and blood clots.The Food and Drug Administration approved the drug Xarelto for patients with atrial fibrillation, a condition that...
AT & T extends closing date of T-Mobile USA deal
November 4, 2011 8:50 am | by The Associated Press | News | CommentsAT&T says the deal to buy T-Mobile USA may take until the middle of next year to close, three months later than originally envisioned, as it fights antitrust regulators.AT&T announced the $39 billion acquisition in March, saying it hoped to complete it in a year. But in August, the Justice...
Transocean lines up new $2 billion credit deal
November 4, 2011 8:50 am | by The Associated Press | News | CommentsTransocean Ltd., owner of the drilling rig that exploded and triggered a huge oil spill in the Gulf of Mexico last year, says it lined up a new $2 billion credit agreement.The company said Friday that JPMorgan Chase and other banks completed the company's new 5-year revolving credit facility...
AP: Lawyers demand water for tainted Pa. town
November 4, 2011 8:50 am | by MICHAEL RUBINKAM - Associated PRess - Associated Press | News | CommentsA law firm is demanding that Pennsylvania environmental regulators reverse their decision to allow a natural-gas driller to stop delivering replacement water to residents of a town whose drinking water wells were contaminated.Cabot Oil & Gas Corp. has been delivering water to homes in the...
