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Google responds to European competition watchdog

July 2, 2012 9:50 am | by The Associated Press | News | Comments

Google Inc. chairman Eric Schmidt has responded by letter to concerns about his company's possible abuse of its dominant market position in Internet search and advertising raised earlier this year by the European Commissioner for Competition, Joaquin Almunia.Almunia's spokesman, Antoine...

NM offers mobile app for road information

July 2, 2012 8:50 am | by The Associated Press | News | Comments

State officials say a new mobile application allows travelers to use their smartphones to obtain information about New Mexico road conditions.The Department of Transportation says the app can help motorists learn about highway closures or restrictions, traffic congestion, road construction,...

Ampio rises on plans for second version of Zertane

July 2, 2012 8:50 am | by The Associated Press | News | Comments

Ampio Pharmaceuticals Inc. said Monday that it will proceed with developing a version of its experimental drug Zertane that will treat both impotence and premature ejaculation.Ampio has been studying Zertane only as a treatment for premature ejaculation and now says it wants to study a version...

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GlaxoSmithKline to pay $3 billion for health fraud

July 2, 2012 8:50 am | by JESSE J. HOLLAND - Associated Press - Associated Press | News | Comments

GlaxoSmithKline LLC will pay $3 billion and plead guilty to promoting two popular drugs for unapproved uses and to failing to disclose important safety information on a third in the largest health care fraud settlement in U.S. history, the Justice Department said Monday.The $3 billion fine also...

Federal-Mogul buys BorgWarner spark plug business

July 2, 2012 8:50 am | by The Associated Press | News | Comments

Federal-Mogul is buying the sparkplug business of rival auto supplier BorgWarner.Financial terms were not disclosed.The acquisition includes spark plug manufacturing sites in France and Germany that employ about 500 people combined and supply European vehicle manufacturers and the automotive...

NPS Pharma and Amgen alter Sensipar royalty deal

July 2, 2012 8:50 am | by The Associated Press | News | Comments

NPS Pharmaceuticals is giving up its right to some royalty payments from an Amgen drug used to treat a thyroid condition in exchange for more time in paying back money it owes to the drug developer.Amgen will pay NPS $75 million in July, and then end royalty payments after the end of 2018. The...

Cornerstone gets approval for generic cough drug

July 2, 2012 8:50 am | by The Associated Press | News | Comments

Cornerstone Therapeutics received Food and Drug Administration approval for its generic version of a cough and upper respiratory drug.Tussionex Pennkinetic is used to treat allergies and colds in people aged six and older. The company said it will begin producing the drug immediately.Shares of...

Sony to buy game streaming company Gaikai

July 2, 2012 8:50 am | by The Associated Press | News | Comments

Sony is buying the video game-streaming company Gaikai for $380 million in a bid to establish a new cloud-based gaming service.Video game streaming is not as widespread as music and movie streaming largely because the technology is far more complicated. Games cannot be compressed into smaller...

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Street-Legal Airplane Completes Phase 1 Flight Testing

July 2, 2012 8:24 am | by PD&D Staff | News | Comments

The production prototype is now moving into drive testing to explore the ground drivetrain, suspension tuning, braking performance, and road handling.

Towers About to Rise on Newest Maine Wind Farm

July 2, 2012 8:13 am | by Glenn Adams, Associated Press | News | Comments

When completed, the 34-megawatt Bull Hill will bring First Wind's total capacity in Maine to 185 megawatts, or enough to supply the energy needs for 85,000 homes, according to First Wind, which has built four other projects in Maine and additional projects in northeastern and western states.

Molex Expands CMC Product Line

July 2, 2012 7:59 am | by PD&D Staff | Molex Incorporated | Product Releases | Comments

Molex Incorporated announces the extension of its CMC product line with the introduction of a 32-circuit wire-to-wire connection system.

New Fuel Cell Keeps Going After the Hydrogen Runs Out

July 2, 2012 7:51 am | by Harvard University | News | Comments

Imagine a kerosene lamp that continued to shine after the fuel was spent, or an electric stove that could remain hot during a power outage.

Chesapeake completes $2B sale of pipeline assets

July 2, 2012 7:50 am | by The Associated Press | News | Comments

Chesapeake Energy Corp. said Monday that it has completed its $2 billion sale of its pipeline assets.Last month, the second-largest U.S. natural gas producer said it would sell its ownership stake in its Chesapeake Midstream Partners LP pipeline company to Global Infrastructure Partners for...

Airbus to build 1st US assembly plant in Alabama

July 2, 2012 7:50 am | by MELISSA NELSON-GABRIEL - Associated Press - Associated Press | News | Comments

Airbus made it official Monday, announcing it will build an assembly plant in Alabama to make passenger airplanes, giving the European aerospace giant its first foothold in the United States to compete with archrival Boeing.The plant is expected to cost $600 million to build and will employ...

J & J seeks OK for first drug against resistant TB

July 2, 2012 7:50 am | by The Associated Press | News | Comments

Johnson & Johnson is seeking U.S. approval for the first new type of medicine to fight deadly tuberculosis in more than four decades.The experimental drug, called bedaquiline (beh-DAK'will-ihn), also would be the first drug specifically for treating multi-drug-resistant tuberculosis. That's an...

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