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Final Report Due on Deadly 2009 Air France Crash

May 30, 2012 5:58 am | by Associated Press | News | Comments

French investigators say the final report into the causes of the crash of Air France flight 447 will soon be published, three years after the jet went down in the mid-Atlantic killing all 228 people aboard.

Facebook's Stock Falls Below $30 for First Time

May 30, 2012 5:55 am | by Associated Press | News | Comments

Facebook's stock has fallen below $30 for the first time since its much-awaited public debut this month.

New Lab Turns SD Gold Town into Scientific Hub

May 30, 2012 5:52 am | by AMBER HUNT, Associated Press | News | Comments

Nestled nearly 5,000 feet beneath the earth in the gold boom town of Lead, SD, is a laboratory that could help scientists answer some pretty heavy questions about life, its origins and the universe.

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Caterpillar makes Bucyrus sale to Barloworld

May 30, 2012 5:50 am | by The Associated Press | News | Comments

Caterpillar is selling its Bucyrus equipment business in South Africa and Botswana for about $115 million.The sale, to Barloworld Ltd., includes agreements with Eqstra NH Equipment Ltd. and Eqstra Botswana Ltd. for the purchase of Eqstra's South Africa and Botswana Bucyrus distributorship and...

SkyWest sells stake in Brazilian airline

May 30, 2012 5:50 am | by The Associated Press | News | Comments

SkyWest Inc., which operates regional jet service for United Continental Holdings Inc. and Delta Air Lines Inc., said Wednesday that it has agreed to sell its 26 percent stake in the holding company for Brazil's Trip Airlines for $42 million.Trip Linhas Aereas S.A. earlier this week agreed to...

Photos of the Day: Capturing the Dragon

May 30, 2012 5:44 am | by NASA | News | Comments

     With darkness, Earth's horizon and thin line of atmosphere forming a backdrop, the SpaceX Dragon commercial cargo craft is grappled by the Canadarm2 robotic arm at the International Space Station. Expedition 31 Flight Engineers Don Pettit and Andre

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China Promises Support for 7 Emerging Industries

May 30, 2012 4:50 am | by The Associated Press | News | Comments

China's Cabinet said Wednesday it has approved plans to promote development of seven emerging industries including clean energy as it tries to restructure the economy and boost growth.The announcement comes as Beijing is trying to fight an economic slump with spending on affordable housing and...

Olympus, whistleblower reach settlement in Britain

May 30, 2012 4:50 am | by YURI KAGEYAMA - AP Business Writer - Associated Press | News | Comments

Olympus Corp. has reached a settlement with whistleblower Michael Woodford who had been suing over his dismissal as chief executive of the Japanese camera maker.Woodford, a Briton, was fired in October after he blew the whistle on dubious accounting at Olympus. The Tokyo-based company has...

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Elaborate Portland marriage proposal goes viral

May 30, 2012 4:50 am | by NIGEL DUARA - Associated Press - Associated Press | News | Comments

Isaac Lamb acknowledges that his five-minute, block-long choreographed build-up to a marriage proposal has upped the stakes for everyone who follows."Guys, I'm sorry," he said on NBC's "Today" show Tuesday. "That wasn't my intention."The Portland-area thespian's creative proposal last week to...

Iraq holds 4th postwar oil and gas auction

May 30, 2012 12:50 am | by SINAN SALAHEDDIN - Associated Press - Associated Press | News | Comments

A Kuwaiti-led energy consortium on Wednesday won the right to search for oil and gas in southern Iraq as part of the country's fourth postwar energy auction. Two natural gas exploration deals meanwhile attracted no bidders.Exploration rights in a dozen areas of the country are on offer in the...

Iraq opens 4th energy bidding round since 2003 war

May 29, 2012 10:50 pm | by The Associated Press | News | Comments

Iraq has opened its fourth post-war bidding round for oil and natural gas exploration to over three dozen foreign firms in hopes of developing its energy sector.Exploration in a dozen parts of the country is up for bids in the two-day auction beginning Wednesday.Expected bidders include...

Battered BlackBerry Maker Weighs Options

May 29, 2012 8:50 pm | by ROB GILLIES - Associated Press - Associated Press | News | Comments

BlackBerry-maker Research in Motion has hired a team of bankers to help it weigh its options as its business erodes in the face of an exodus to the iPhone and Android smartphones.RIM issued a dire warning about its business Tuesday, saying it is losing money for the second-consecutive quarter...

Deals with banks stack fees on college students

May 29, 2012 8:50 pm | by DANIEL WAGNER - AP Business Writer - Associated Press | News | Comments

It took Mario Parker-Milligan less than a semester to decide that he was paying too many fees to Higher One, the company hired by his college to pay out students' financial aid on debit cards.Four years after he opted out, his classmates still face more than a dozen fees — for replacement...

Boeing Delivers 1st EA-18G Growler Featuring Bharat Electronics Limited Cockpit Subassembly

May 29, 2012 8:40 pm | by Boeing | News | Comments

BEL also produces cockpit subassemblies for F/A-18E/F Super Hornets Follow-on order further expands Boeing’s relationship with Indian industry BANGALORE, India, May 30, 2012 -- Boeing [NYSE: BA] on May 3 delivered to the U.S. Navy the first EA-18G Growler electronic attack aircraft with a...

Cell Phones Monitoring Radiation to Sell in Japan

May 29, 2012 7:50 pm | by YURI KAGEYAMA,AP Business Writer | News | Comments

Worries over radiation are so rampant in Japan after last year's nuclear meltdowns that the world's first cell phones with built-in radiation monitors are going on sale.Softbank Corp., the carrier for the hit iPhone and iPad in Japan, says the Pantone 5 mobile device that shows the...

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