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NASA Kills X-Ray Telescope, Blames Project's Cost

June 8, 2012 6:00 am | by MARCIA DUNN, AP Aerospace Writer | News | Comments

NASA killed a new X-ray telescope mission on Thursday, two years before its planned launch.

Bio-Reference Laboratories Inc

June 8, 2012 5:50 am | by The Associated Press | News | Comments

2ndQtrYearAgoRevenue$163,400$137,700Net Inco$9,300$7,200Per Share$0.34$0.26

Photo of the Day: Surge of Airpower

June 8, 2012 5:40 am | by U.S. Air Force | News | Comments

During an eight-ship sortie, C-130 Hercules taxi out at Yokota Air Base, Japan.

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United traffic, revenue growth slows in May

June 8, 2012 4:50 am | by The Associated Press | News | Comments

United Airlines saw growth in traffic and a key measure of passenger revenue stall last month.United Continental Holdings Inc., the world's biggest airline, reported late Thursday that traffic rose 0.4 percent in May — about half the growth it saw the month before. Domestic traffic fell 1.1...

Chesapeake to sell pipeline assets for $4B

June 8, 2012 4:50 am | by The Associated Press | News | Comments

Chesapeake Energy Corp. says it's selling its pipeline assets in three separate deals for a total of more than $4 billion in cash.The struggling Oklahoma City-based natural gas producer will sell its ownership stake in its Chesapeake Midstream Partners LP pipeline company to Global...

Boeing formally opens Oklahoma City facility

June 8, 2012 4:50 am | by The Associated Press | News | Comments

The Boeing Co. has formally opened its new facility in Oklahoma City where it will upgrade and modernize U.S. Air Force aircraft.Gov. Mary Fallin joined company officials Thursday in opening the facility where B-1 and C-130 aircraft are being modernized with upgrades to the cockpits....

Japan PM Says 2 Nuke Reactors Must Be Restarted

June 8, 2012 2:50 am | by MARI YAMAGUCHI - Associated Press - Associated Press | News | Comments

Japan's leader appealed to the nation Friday to accept that two nuclear reactors that remained shuttered after the Fukushima disaster must be restarted to protect the economy and people's livelihoods.Prime Minister Yasuhiko Noda said the government has taken ample measures to ensure the two...

Olympus whistleblower wins millions in settlement

June 8, 2012 1:50 am | by YURI KAGEYAMA - AP Business Writer - Associated Press | News | Comments

Former Olympus Corp. Chief Executive Michael Woodford will receive 10 million pounds ($1.2 billion yen, $15.4 million) in a settlement over his dismissal from the Japanese camera and medical equipment maker. Olympus also announced it will cut nearly 3,000 jobs.Last week, both sides said they...

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Cars That Avoid Crashes By Talking To Each Other

June 7, 2012 11:50 pm | by JOAN LOWY - Associated Press - Associated Press | News | Comments

As a safety demonstration, it was a heart-stopper: A Ford Taurus was seconds away from cruising through an intersection when suddenly a row of red lights pulsed on the lower windshield and a warning blared that another car was approaching fast on the cross street.Braking quickly, the driver...

Ford Lovers, Unite: Big Classic Car Auction in NH

June 7, 2012 10:50 pm | by KATHY McCORMACK - Associated Press - Associated Press | News | Comments

Michael Dingman has spent much of his life collecting vintage Fords and classic neon signs, restoring and keeping them well-preserved for years. Now, the former Ford Motor Co. director is ready to share his slice of Americana with others.Nearly 50 cars, many of them from Ford's flathead era,...

Costner Testifies in Suit Over Oil-Cleanup Devices

June 7, 2012 8:50 pm | by STACEY PLAISANCE - Associated Press - Associated Press | News | Comments

Kevin Costner testified Thursday that he was heartbroken as he watched millions of gallons of oil spew into the Gulf of Mexico in 2010 and that he headed to New Orleans to see if cleanup devices he helped develop could aid the recovery effort.The actor, who has been sued in a...

Facebook Rolling Out Central Location for Apps

June 7, 2012 4:50 pm | by BARBARA ORTUTAY - AP Technology Writer - Associated Press | News | Comments

There's more to Facebook apps than "Angry Birds" and Pinterest, but many users wouldn't know that because there hasn't been a good, central way to find them.Facebook Inc. is trying to change that. On Thursday, Facebook is beginning to roll out its App Center to its nearly 1 billion users, so...

United has deal with Continental flight attendants

June 7, 2012 2:50 pm | by The Associated Press | News | Comments

The company that runs United Airlines said on Thursday that it has made a deal to extend the contract of flight attendants who were with Continental Airlines before the two companies merged in 2010.The tentative agreement would extend the current Continental contract for 28 months, taking it...

Facebook stock slips further, down 31 pct post IPO

June 7, 2012 2:50 pm | by The Associated Press | News | Comments

Facebook's deflated stock is inching lower again.The stock fell 50 cents, or 1.9 percent, to close Thursday at $26.31. It's down 31 percent from its initial public offering price of $38.Facebook's stock began trading publicly on May 18. Investors are concerned about its ability to keep...

Money market fund assets fall to $2.564 trillion

June 7, 2012 1:50 pm | by The Associated Press | News | Comments

Total U.S. money market mutual fund assets fell by $8.04 billion to $2.564 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.Assets of the nation's retail money market mutual funds rose by $2.88 billion to $890.35 billion, the Washington-based mutual...

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