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Boeing to create new facility in Brazil

April 3, 2012 8:50 am | by The Associated Press | News | Comments

Boeing will create a research and technology center in Brazil to develop aerospace technologies.The airline has had a relationship with Brazil since 1932, when it delivered 14 F4B-4 airplanes to the country's government. Boeing's first commercial delivery to Brazil was in 1960.Boeing, which is...

Volkswagen March US sales up 35 percent

April 3, 2012 8:50 am | by The Associated Press | News | Comments

Volkswagen AG said March U.S. sales leaped 35 percent over last year, closing out its best first quarter since 1973, despite a drop in sales of its Jetta compact sedan.BY THE NUMBERS: VW sold 36,588 cars and SUVs last month, up from 27,176 a year earlier.TOP SELLERS: The German automaker sold...

IBM: Company was just following state's orders

April 3, 2012 8:50 am | by CHARLES WILSON - Associated Press - Associated Press | News | Comments

A spokesman for computer giant IBM says the troubled welfare automation system that prompted Indiana to cancel a nearly $1.4 billion contract with the company was designed by state officials.IBM spokesman Clint Roswell said during a break in Tuesday's closing arguments in a five-week-long trial...

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Arrow Electronics to acquire Altimate Group

April 3, 2012 8:50 am | by The Associated Press | News | Comments

Arrow Electronics Inc. said Tuesday that it will acquire computing products and services company Altimate Group, a subsidiary of DCC plc.The financial terms of the deal were not disclosed.Altimate, based in France, sells computer hardware, storage, data management, security, and infrastructure...

Chevron facing more taxes on Richmond refinery

April 3, 2012 8:50 am | by The Associated Press | News | Comments

Chevron Corp. is facing additional taxes on its refinery in Richmond after an appeals board ruled that the refinery was worth more than the county's assessment.The Contra Costa County Assessment Appeals Board on Monday rejected Chevron's appeal of its tax bill on the refinery for the years 2007...

Ford stresses training before production resumes

April 3, 2012 8:50 am | by BRUCE SCHREINER - Associated Press - Associated Press | News | Comments

Kenethe Brown knew she was a bit rusty when she returned to work at a Ford Motor Co. plant that had been idled in late 2010 for massive renovations.So the 12-year assembly line worker went through simulated training sessions, preparing to resume an auto career she hopes will take her to...

WellPoint CEO compensation slipped in 2011

April 3, 2012 8:50 am | by TOM MURPHY - AP Business Writer - Associated Press | News | Comments

WellPoint Inc.'s earnings sank last year, as the health insurer struggled with losses in its Medicare Advantage business, and the total compensation delivered to Chairwoman and CEO Angela Braly slipped as well.Braly, 50, received 2011 compensation valued at $13.2 million, according to an...

Architects' Answer to Rising Seas: Floating Homes

April 3, 2012 8:22 am | by Denis D. Gray, Associated Press | News | Comments

A floating mosque and golf course for the submerging Maldives islands. Amphibious homes in the Netherlands lifted to safety as waters surge beneath them.

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Battered Racing Yacht, Crew Limp into SF Bay

April 3, 2012 7:52 am | by Terence Chea, Associated Press | News | Comments

A battered racing yacht and its bruised crew arrived at a California port Tuesday, three days after a monstrous wave knocked off its steering wheel and injured several crew members during an around-the-world race.  

Honeywell's UOP to invest $20M in Ala. plant

April 3, 2012 7:50 am | by The Associated Press | News | Comments

A Honeywell subsidiary will spend $20 million to expand a production plant in Alabama so that it can aid workers trying to clean up after the nuclear disaster in Japan.UOP LLC produces adsorbents, which are used to remove radioactive material from liquid. The plant also produces catalysts that...

Short film on W.Va. coalfields set to air Thursday

April 3, 2012 7:50 am | by The Associated Press | News | Comments

A half-hour documentary film about the Coal River Valley will premiere on LinkTV on the second anniversary of the Upper Big Branch mine disaster.The explosion at the former Massey Energy mine killed 29 men on April 5, 2010. It also inspired the philanthropic media group explore.org to venture...

Delta Air passenger revenue jumps 13 percent

April 3, 2012 7:50 am | by JOSHUA FREED - AP Business Writer - Associated Press | News | Comments

Delta Air Lines said on Tuesday that a key revenue measure rose a better-than-expected 13 percent in March on strong corporate demand and higher fares.Delta collected more passenger revenue, even as it cut flying from year-ago levels. Higher jet fuel prices have prompted Delta and other airlines to...

Israel Museum showcased in Google Art Project

April 3, 2012 7:50 am | by ARON HELLER - Associated Press - Associated Press | News | Comments

Until Tuesday, if history buffs wanted a glimpse of the Israel Museum's vast collection — including a 9,000-year-old carved human face found in the Judean Desert — they would have to travel to Jerusalem to see it.Now, through a joint venture with Google Inc., people from around the world can...

Flying Car Gets Closer to Reality with Test Flight

April 3, 2012 7:47 am | by Dee-Ann Durbin, AP Auto Writer | News | Comments

Flying cars aren't just science fiction anymore.  

Boeing, Mitacs Sponsor Advanced Technology Research with Brazil and Canada

April 3, 2012 7:40 am | by Boeing | News | Comments

Visual Analytics collaboration aims to create new techniques for quick data analysis SÃO PAULO, Brazil, April 3, 2012 -- The Boeing Company [NYSE: BA], in conjunction with Brazilian university researchers and Mitacs of Canada, expect ideas that were generated during a two-day Visual...

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