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FedEx raising prices for freight shipments

June 8, 2012 6:50 am | by The Associated Press | News | Comments

FedEx Corp. is raising prices for North American freight shipments by 6.9 percent, a standard annual increase that's effective July 9.This rate hike applies to FedEx Freight shipments within the U.S. and Canada and between the countries. It will also apply to the U.S. portion of shipments to...

Rugged Power Distribution Unit

June 8, 2012 6:49 am | by Acumentrics | Product Releases | Comments

Acumentrics (Westwood, MA) has announced the release of its ruggedized power distribution unit (PDU), providing easy access to conditioned power from up to 8 outputs.

EP1908 EtherCAT Box

June 8, 2012 6:44 am | by Beckhoff Automation | Product Releases | Comments

In order to provide distributed safety I/O technology in more form factors and protection levels, Beckhoff Automation (Burnsville, MN) has introduced the new EP1908 EtherCAT Box with TwinSAFE technology.

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U.S. Braces for Tsunami Debris, but Impact Unclear

June 8, 2012 6:10 am | by AUDREY McAVOY, Associated Press BECKY BOHRER, Associated Press | News | Comments

More than a year after a tsunami devastated Japan, killing thousands of people and washing millions of tons of debris into the Pacific Ocean, the U.S. government and West Coast states don't have a cohesive plan for cleaning up the rubble that floats to American shores.

NASA Kills X-Ray Telescope, Blames Project's Cost

June 8, 2012 6:00 am | by MARCIA DUNN, AP Aerospace Writer | News | Comments

NASA killed a new X-ray telescope mission on Thursday, two years before its planned launch.

Bio-Reference Laboratories Inc

June 8, 2012 5:50 am | by The Associated Press | News | Comments

2ndQtrYearAgoRevenue$163,400$137,700Net Inco$9,300$7,200Per Share$0.34$0.26

Photo of the Day: Surge of Airpower

June 8, 2012 5:40 am | by U.S. Air Force | News | Comments

During an eight-ship sortie, C-130 Hercules taxi out at Yokota Air Base, Japan.

United traffic, revenue growth slows in May

June 8, 2012 4:50 am | by The Associated Press | News | Comments

United Airlines saw growth in traffic and a key measure of passenger revenue stall last month.United Continental Holdings Inc., the world's biggest airline, reported late Thursday that traffic rose 0.4 percent in May — about half the growth it saw the month before. Domestic traffic fell 1.1...

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Chesapeake to sell pipeline assets for $4B

June 8, 2012 4:50 am | by The Associated Press | News | Comments

Chesapeake Energy Corp. says it's selling its pipeline assets in three separate deals for a total of more than $4 billion in cash.The struggling Oklahoma City-based natural gas producer will sell its ownership stake in its Chesapeake Midstream Partners LP pipeline company to Global...

Boeing formally opens Oklahoma City facility

June 8, 2012 4:50 am | by The Associated Press | News | Comments

The Boeing Co. has formally opened its new facility in Oklahoma City where it will upgrade and modernize U.S. Air Force aircraft.Gov. Mary Fallin joined company officials Thursday in opening the facility where B-1 and C-130 aircraft are being modernized with upgrades to the cockpits....

Japan PM Says 2 Nuke Reactors Must Be Restarted

June 8, 2012 2:50 am | by MARI YAMAGUCHI - Associated Press - Associated Press | News | Comments

Japan's leader appealed to the nation Friday to accept that two nuclear reactors that remained shuttered after the Fukushima disaster must be restarted to protect the economy and people's livelihoods.Prime Minister Yasuhiko Noda said the government has taken ample measures to ensure the two...

Olympus whistleblower wins millions in settlement

June 8, 2012 1:50 am | by YURI KAGEYAMA - AP Business Writer - Associated Press | News | Comments

Former Olympus Corp. Chief Executive Michael Woodford will receive 10 million pounds ($1.2 billion yen, $15.4 million) in a settlement over his dismissal from the Japanese camera and medical equipment maker. Olympus also announced it will cut nearly 3,000 jobs.Last week, both sides said they...

Cars That Avoid Crashes By Talking To Each Other

June 7, 2012 11:50 pm | by JOAN LOWY - Associated Press - Associated Press | News | Comments

As a safety demonstration, it was a heart-stopper: A Ford Taurus was seconds away from cruising through an intersection when suddenly a row of red lights pulsed on the lower windshield and a warning blared that another car was approaching fast on the cross street.Braking quickly, the driver...

Ford Lovers, Unite: Big Classic Car Auction in NH

June 7, 2012 10:50 pm | by KATHY McCORMACK - Associated Press - Associated Press | News | Comments

Michael Dingman has spent much of his life collecting vintage Fords and classic neon signs, restoring and keeping them well-preserved for years. Now, the former Ford Motor Co. director is ready to share his slice of Americana with others.Nearly 50 cars, many of them from Ford's flathead era,...

Costner Testifies in Suit Over Oil-Cleanup Devices

June 7, 2012 8:50 pm | by STACEY PLAISANCE - Associated Press - Associated Press | News | Comments

Kevin Costner testified Thursday that he was heartbroken as he watched millions of gallons of oil spew into the Gulf of Mexico in 2010 and that he headed to New Orleans to see if cleanup devices he helped develop could aid the recovery effort.The actor, who has been sued in a...

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