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Apple shares hit $700 for first time

September 18, 2012 10:57 am | by BARBARA ORTUTAY - AP Technology Writer - Associated Press | News | Comments

Apple's stock reached $700 for the first time on Tuesday, setting a record for the company the day after it announced that orders for its iPhone 5 topped 2 million in the first 24 hours. The stock traded as high as $701.44 in the morning, up a quarter of a percent from Monday's close. It later...

Photos of the Day: CATS and MABEL in the Sky

September 18, 2012 9:32 am | by NASA | News | Comments

  The ER-2 from NASA's Dryden Aircraft Operations Facility in Palmdale, Calif., will carry two instruments, the Cloud-Aerosol Transport System and the Multiple Altimeter Beam Experimental Lidar. CATS and MABEL are test beds for instruments to be carried by future satellite missions, and because they are both high-altitude laser instruments they will share space on the ER-2 in part as a way to lower costs for both teams.

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WHY IT MATTERS: China's Auto Parts Industry

September 18, 2012 9:27 am | by JOE McDONALD, AP Business Writer | News | Comments

The U.S. government has challenged Chinese policies it says improperly subsidize exports of auto parts in violation of World Trade Organization free trade rules. The issue is politically sensitive at a time when Western governments are trying to boost exports, especially of higher-value industrial goods, to cut high unemployment.

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Ford Hopes New Fusion Will Be its Camry Killer

September 18, 2012 9:18 am | by DEE-ANN DURBIN, AP Auto Writer | News | Comments

The Fusion has become Ford's best-selling car since it went on sale in 2005, and it's one of the top sellers in the country. But Ford hopes the sexier styling, improved fuel economy and features like automatic parallel parking on the new Fusion will help it trounce the perennial leader, the Toyota Camry.

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German Watchdog Warns of Internet Explorer Breach

September 18, 2012 7:22 am | by JUERGEN BAETZ - Associated Press - Associated Press | News | Comments

The German government agency overseeing IT safety is warning of a security breach in Microsoft's Internet Explorer and recommending people use other browsers until the problem is fixed. The browser's "weak point is already being used for targeted attacks," the Federal Office for Information...

LG Unveils New Flagship Smartphone

September 18, 2012 4:44 am | by YOUKYUNG LEE - AP Technology Writer - Associated Press | News | Comments

LG Electronics will launch the Optimus G smartphone next week in South Korea, pinning high hopes on the new Android device to help revive its loss-making mobile business. LG said Tuesday that the Optimus G will go on sale in Japan next month and in the U.S. in November. That would put LG's new...

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Messaging Apps Show Mobile Internet's Rise in Asia

September 18, 2012 4:30 am | by YOUKYUNG LEE - AP Technology Writer - Associated Press | News | Comments

A handful of smartphone apps that began as basic instant messaging services have amassed several hundred million users in Asia in just a couple of years, mounting a challenge to the popularity of online hangouts such as Facebook as they branch into games, e-commerce, celebrity news and other...

Shell's Safety System Problems Plague Arctic Plans

September 18, 2012 4:03 am | by DAN JOLING - Associated Press - Associated Press | News | Comments

Safety equipment that Shell Oil volunteered to put into place for drilling off the coast of Alaska is complicating the company's quest to reach oil-bearing rock during the short open-water drilling season this year. Royal Dutch Shell PLC announced Monday that a containment dome being tested off...

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Canada auto union extends GM, Chrysler contracts

September 17, 2012 10:24 pm | by ROB GILLIES - Associated Press - Associated Press | News | Comments

The Canadian Auto Workers union decided late Monday to keep working past a midnight strike deadline after reaching a deal with Ford and extending its contracts with General Motors and Chrysler. Workers will stay on the job as talks continue, but can go on strike after giving GM and Chrysler 24...

Grim analyst report delivers latest hit to Netflix

September 17, 2012 7:33 pm | by The Associated Press | News | Comments

Netflix Inc.'s stock slid nearly 6 percent Monday amid the latest round of investor concerns about the video subscription service's ability to make money and retain customers as it grapples with higher licensing costs and tougher completion. Macquarie Securities analysts Tim Nollen and James...

Apple: iPhone 5 Orders Topped 2M in 24 Hours

September 17, 2012 4:59 pm | by The Associated Press | News | Comments

Orders for the iPhone 5 topped 2 million in their first 24 hours, more than double the amount of its predecessor over the same period. Since Apple started taking iPhone 5 orders on its website at 3 a.m. EDT on Friday, buyers who have a two-year service agreement with AT&T, Sprint or Verizon...

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High-tech product announcements this fall

September 17, 2012 4:52 pm | by The Associated Press | News | Comments

It's high season for consumer electronics. Apple, Nintendo and other manufacturers of various gadgets are unveiling their holiday lineups. Add to that products surrounding a new version of Windows coming out next month. Here's a recap of the announcements so far: — Sept. 4: Microsoft Corp....

Canada Auto Union Reaches Deal with Ford

September 17, 2012 4:52 pm | by ROB GILLIES - Associated Press - Associated Press | News | Comments

The Canadian Auto Workers union said Monday it has reached a tentative deal with Ford, but a midnight strike deadline looms with Detroit's two other automakers. CAW President Ken Lewenza said they expect Ford's four-year deal to serve as a template for GM and Chrysler. "If they say it is...

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Google Snaps Up Snapseed's Photo-Editing Service

September 17, 2012 4:36 pm | by The Associated Press | News | Comments

Google has snapped up the digital photo editing service Snapseed as part of its effort to compete against Facebook's online social network. Snapseed is the centerpiece of Google's acquisition of Nik Software, which developed the service's photo-editing technology. The deal announced Monday gives...

Restoring Consumer Confidence during a Product Recall

September 17, 2012 2:47 pm | by Mike Rozembajgier, Vice President of Recalls, Stericycle ExpertRECALL | Blogs | Comments

Fortunately, a recent study conducted by the American Marketing Association (AMA) found that the majority of American consumers are quick to forgive a firm that effectively responds to and manages a recall event. But that patience can be limited.

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