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New Study Suggests EU Biofuels are as Carbon Intensive as Petrol

November 4, 2011 8:18 am | by University of Leicester | News | Comments

University of Leicester research into greenhouse gas emissions from oil palm plantations provides robust measures now being used to inform international policies on greenhouse gas emissions.

Groupon shares soar in public market debut

November 4, 2011 7:50 am | by BARBARA ORTUTAY - AP Technology Writer - Associated Press | News | Comments

Groupon, the company that pioneered online group discounts, saw its stock soar nearly 50 percent in its public debut Friday, showing strong demand for an Internet company whose business model is considered unsustainable by some analysts.Groupon's stock jumped $9.52 to $29.52 in late morning...

Inhibitex shares double on positive study data

November 4, 2011 7:50 am | by The Associated Press | News | Comments

Shares of Inhibitex Inc. doubled in price Friday, after the drug developer said early data from a mid-stage study showed that a 200-milligram dose of its potential hepatitis C treatment did well in reducing the virus in patients.Inhibitex said the dose of the drug, labeled INX-189, was well...

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Unitil seeks to raise natural gas rates

November 4, 2011 7:50 am | by The Associated Press | News | Comments

Unitil Corp., the largest natural gas provider in southern Maine, is seeking a rate increase to help pay for a $60 million project to upgrade infrastructure.But some say a rate increase by Unitil as winter approaches puts strain on low-income families.The sought-after increase is for the...

Groupon shares jump in public market debut

November 4, 2011 7:50 am | by BARBARA ORTUTAY - AP Technology Writer - Associated Press | News | Comments

Groupon, the company that pioneered online group discounts, saw its stock climb by nearly a third in its public debut Friday, showing strong demand for an Internet company whose business model is considered unsustainable by some analysts.Groupon's stock jumped $6.40, or 32 percent, to $26.40 in...

Humana CEO to retire, new president tapped

November 4, 2011 7:50 am | by The Associated Press | News | Comments

Humana Inc. CEO Mike McCallister announced that he plans to retire within 18 months and the company has tapped Bruce D. Broussard as president of the Louisville-based firm.The company said in a statement on Friday that Broussard would become CEO when McCallister steps down.Broussard, 49, was...

Bobby Rahal's team will run Honda engine in 2012

November 4, 2011 6:50 am | by The Associated Press | News | Comments

Bobby Rahal will be back in the IndyCar Series next season with Honda engines and it could be with a full-time team.The 1986 Indianapolis 500 winner is trying to finalize sponsorship deals for a two-car team for Rahal Letterman Lanigan, team spokesman Eric Mauk said in an e-mail to The...

Joy Global will switch to NYSE from Nasdaq

November 4, 2011 6:50 am | by The Associated Press | News | Comments

Mining equipment maker Joy Global Inc. said Friday that it will transfer trading of its stock to the New York Stock Exchange from the Nasdaq, starting next month.The Milwaukee company said it expects to begin trading on the NYSE on Dec. 6 under the new ticker symbol "JOY."Until then, shares...

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India reviews bids in $11 billion fighter jet deal

November 4, 2011 6:50 am | by ASHOK SHARMA - Associated Press - Associated Press | News | Comments

India's Defense Ministry has begun reviewing competing bids from Eurofighter and Dassault for the purchase of 126 multi-role combat aircraft worth about $11 billion.Ministry spokesman Sitanshu Kar said officials met with representatives of the European competitors on Friday and are expected to...

North Carolina AG opposes Duke Energy rate hike

November 4, 2011 6:50 am | by The Associated Press | News | Comments

North Carolina Attorney General Roy Cooper says he's opposing Duke Energy Corp.'s proposal to raise the rates consumers pay for electricity.Cooper said Thursday the Charlotte-based utility's bid to raise rates by an average of about 17 percent during hard economic times would make it harder for...

Photos of the Day: 150 Giant Party Balloons

November 4, 2011 6:36 am | by Associated Press | News | Comments

Like the opening scene from Disney’s UP movie, Kent Couch rigs a lawn chair with a 150 party balloons and sets a course for Dubai.

AP Exclusive: CIA Following Twitter, Facebook

November 4, 2011 6:21 am | by KIMBERLY DOZIER, AP Intelligence Writer | News | Comments

In an anonymous industrial park in Virginia, in an unassuming brick building, the CIA is following tweets — up to 5 million a day.

Sprint and Sierra Wireless Collaborate to Accelerate Development and Deployment

November 4, 2011 6:17 am | by Sprint & Sierra Wireless | News | Comments

Sierra Wireless  and Sprint  today announced they are collaborating to help application developers, product manufacturers, and machine-to-machine (M2M) service providers get new solutions up and running on the Nationwide Sprint Network more quickly and cost-effectively.

CEO Corzine Steps Down at MF Global

November 4, 2011 6:15 am | by DANIEL WAGNER, AP Business Writer | News | Comments

Jon Corzine stepped down Friday from running the securities firm that collapsed after his disastrous bets on European debt. The move was announced as a criminal probe of the company appeared to be intensifying.

U.S. Report Blasts China, Russia for Cybercrime

November 4, 2011 6:09 am | by LOLITA C. BALDOR, Associated Press | News | Comments

U.S. intelligence officials accused China and Russia on Thursday of systematically stealing American high-tech data for their own national economic gain.

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