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Yahoo sends CEO packing without severance package

May 14, 2012 2:50 pm | by The Associated Press | News | Comments

Yahoo ended Scott Thompson's four-month stint as its CEO without giving him a severance package, according to documents filed Monday.Thompson, 54, left Sunday in a management shake-up triggered by inaccurate information in his official biography. He would have been entitled to a severance...

Vertex Pharma continues to rise on upgrade

May 14, 2012 2:50 pm | by The Associated Press | News | Comments

Vertex Pharmaceuticals Inc. shares rose Monday after a JPMorgan analyst upgraded the stock, forecasting greater sales for its cystic fibrosis drug Kalydeco and an experimental treatment called VX-809.THE SPARK: Analyst Geoff Meacham raised his rating to "Overweight" from "Neutral" and boosted...

Chevron Units in Australia Signs Natural Gas Deal

May 14, 2012 1:50 pm | by The Associated Press | News | Comments

Chevron Corp. said Monday that its Australian subsidiaries signed a nonbinding agreement to deliver, with Apache Energy and Kuwait Foreign Petroleum Exploration Co., up to 1 million tons of liquid gas each year to the Japanese power utility Tohoku Electric Power Co.Chevron said the agreement...

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Sector Wrap: Moody's on health care dividends

May 14, 2012 1:50 pm | by The Associated Press | News | Comments

Moody's Investors Service said Monday that it expects more companies in the health-care industry to start paying dividends, keeping pace with a trend in the broader market.Moody's said more health-care and life-science companies have started paying dividends in the last 12 months than over the...

Facebook IPO shares tough task for small investors

May 14, 2012 1:50 pm | by DAVE CARPENTER - AP Personal Finance Writer - Associated Press | News | Comments

Hoping to get in on Facebook's hotly anticipated public stock offering? You'll need Facebook friends at very high levels — or a lot of money.Most people who like the idea of owning Facebook's stock will have difficulty getting it at the offer price, currently expected at $28 to $35 a share....

The Delicate Balance of Checks and Balance

May 14, 2012 1:32 pm | by Alan Nicol, Executive Member, AlanNicolSolutions | Blogs | Comments

As we assess our businesses and our processes, looking for ways to streamline and save time, we look for those elements that add value to our products and services. As much as we come to depend on quality checks and authority approvals, they don’t actually, by themselves, improve or otherwise add value to our outputs.

Concho to buy Three Rivers assets for $1B

May 14, 2012 12:50 pm | by The Associated Press | News | Comments

Concho Resources Inc. has agreed to buy the oil and natural gas assets of Three Rivers Operating Co. for $1 billion in cash.The privately-held exploration and production company has about 200,000 net acres in the Permian Basin, including large positions in the northern Delaware Basin, Midland...

Wireless startup LightSquared files for bankruptcy

May 14, 2012 12:50 pm | by PETER SVENSSON - AP Technology Writer - Associated Press | News | Comments

LightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., filed for bankruptcy protection on Monday.Regulators blocked its plan this winter because of concerns that its transmissions would interfere with GPS navigation.LightSquared hasn't given up. Chief...

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Clear & Present Failure

May 14, 2012 12:44 pm | by Mike Rainone, Co-Founder, PCDworks | Articles | Comments

The ability to rationalize is the greatest of all of our psychological defense mechanisms. It allows us to defend ourselves from our own stupid mistakes; to deal with great psychic trauma; and make painful decisions for the greater good (among other things).

New Gore Business Unit Offers Environmental Protection

May 14, 2012 11:58 am | by W. L. Gore & Associates | W.L. Gore & Associates Inc. | Product Releases | Comments

W. L. Gore & Associates (Gore) has stepped up its efforts to help OEM customers maintain sound quality and protect sensitive electronics in cell phones, laptop/tablet PCs, 2-way radios, and other handheld and portable electronic devices by creating a new business unit.

'Swamp People' cast member Mitchell Guist dies

May 14, 2012 11:50 am | by The Associated Press | News | Comments

A Louisiana sheriff says a cast member of the reality TV show "Swamp People" has died.Assumption Parish Sheriff Mike Waguespack says Mitchell Guist (GIHST) was pronounced dead at a hospital Monday. He had fallen while aboard his boat on the Intracoastal Waterway, near Pierre Part.Waguespack...

EAO Provides Comprehensive Range of Safety Switches

May 14, 2012 11:30 am | by EAO Corporation | Eao Switch Corp. | Product Releases | Comments

EAO Corporation provides a comprehensive range of safety-compliant emergency switches and accessories for virtually any application within factory automation, semiconductor and electronic production, medical equipment, public transportation, lifting and moving, heavy-duty and specialty vehicles, and food packaging/processing equipment.

ECT Introduces A7 Flying Probe Test System

May 14, 2012 11:10 am | by Everett Charles Technologies | Product Releases | Comments

Everett Charles Technologies (ECT) introduces the new A7Cf Flying Probe Test System from atg-LM.

Northrop Grumman Gets $103M U.S. Military Order

May 14, 2012 10:50 am | by The Associated Press | News | Comments

Northrop Grumman Corp. said Monday that it received a $103 million delivery order from Naval Air Systems Command for Litening G4 targeting systems.The Litening system is a self-contained, multi-sensor weapon aiming system that allows fighter pilots to accurately detect, track and identify...

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Get Started: Small Biz Week, social media, gas

May 14, 2012 10:50 am | by JOYCE M. ROSENBERG - AP Business Writer - Associated Press | News | Comments

SMALL BUSINESS WEEKThe Small Business Administration holds its annual Small Business Week events in Washington, D.C., Sunday through Tuesday. The events include forums on federal contracting, exporting goods and using social media as a marketing tool for small businesses. But you don't need to...

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