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Biofuel maker to use ExxonMobil technology

June 30, 2012 8:50 am | by The Associated Press | News | Comments

The Colorado-based alternative-fuels startup that plans to build a manufacturing facility in Rapides Parish says it will use ExxonMobil's methanol-to-gasoline technology at the site.The Town Talk reports ( ) that Sundrop Fuels Inc. of Longmont, Colo., made that...

Up to 370 may lose jobs at Norman's Sitel center

June 30, 2012 8:50 am | by JOY HAMPTON - The Norman Transcript - Associated Press | News | Comments

Sitel, a customer care outsourcing provider, told its Norman work force that up to 370 employees could lose their jobs on Aug. 31.But the layoffs may not occur. An economic official says other business prospects were making inquiries Thursday that would offset those losses.The Norman facility...

VidCon attracts online video makers and their fans

June 30, 2012 6:50 am | by DERRIK J. LANG - AP Entertainment Writer - Associated Press | News | Comments

A long line of teenagers has formed inside a cavernous convention center.They're waiting to nab an autograph from Rebecca Black, the girl who achieved infamy with her nasally music video "Friday." Over in the lobby, folks are sticking out their smartphones to capture a photo of Yogi the Welsh...


Giles County gears up for headlight plant jobs

June 30, 2012 6:50 am | by The Associated Press | News | Comments

Officials in Giles County hoping a new headlight plant to be built by a subsidiary of Italian automaker Fiat will put a dent in the area's jobless rate.The $54 million expansion of the Magneti Marelli plant near Pulaski is expected to create 800 new jobs in the county where the unemployment...

Apple wins 2nd US sales ban on Samsung Galaxy

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

An American judge has ordered Samsung to halt U.S. sales of its Galaxy Nexus smartphone while the court considers Apple's claim the South Korean company infringed iPhone patents.It was Apple's second victory in a week in a Californian court against Android devices.In a ruling Friday available...

Japan whistleblower wins in Supreme Court

June 29, 2012 8:50 pm | by The Associated Press | News | Comments

Japan's Supreme Court has ruled in favor of a whistleblower, dismissing the appeal of his employer Olympus Corp.Masaharu Hamada said he received the notice from the nation's highest court Saturday for the decision dated Thursday.Hamada's Supreme Court victory is the first for a whistleblower in...

Flight attendant loses cool aboard NYC plane

June 29, 2012 3:50 pm | by ALEX KATZ - Associated Press - Associated Press | News | Comments

A flight attendant on a weather-delayed plane yelled at passengers and challenged them to leave the plane if they dared before he was removed and the flight was canceled.The incident, involving American Eagle flight attendant Jose Serrano, was caught on video. Flight 4607, from LaGuardia...

A look at RIM's much-delayed BlackBerry 10

June 29, 2012 2:50 pm | by The Associated Press | News | Comments

On Thursday, BlackBerry maker Research In Motion Ltd. announced yet another delay to its upcoming BlackBerry 10 system, which the company considers crucial to its future. It's now expected in the first quarter of next year, rather than late this year.That means the phones will miss the holiday...


Ethanol makers idle plants amid high corn prices

June 29, 2012 2:50 pm | by ROXANA HEGEMAN - Associated Press - Associated Press | News | Comments

Ethanol makers are cutting production, and some are temporarily idling plants in the Midwest, as corn prices skyrocket and demand for gasoline falls because people are driving less.More than 95 percent of the nation's ethanol plants use corn starch as their basis for the biofuel. That makes...

CVR Energy names Carl Icahn chairman

June 29, 2012 2:50 pm | by The Associated Press | News | Comments

Oil refiner CVR Energy Inc. named Carl Icahn as chairman of its board Friday.Icahn won control of CVR Energy in May after he was able to buy an 80 percent stake in the company through a tender offer.Icahn and his affiliates own 71.2 million shares of CVR.

Sector Wrap: Orphan drug developers gain ground

June 29, 2012 2:50 pm | by The Associated Press | News | Comments

Shares of biotech drug developers rose Friday after a ThinkEquity analyst assigned high ratings to a bushel of companies that are developing treatments for rare illnesses.Analyst Kim Lee said her top picks in the sector are Medivation Inc., which is studying a pill that treats prostate cancer,...

MarkWest Energy increases borrowing capability

June 29, 2012 2:50 pm | by The Associated Press | News | Comments

MarkWest Energy Partners L.P. has increased its borrowing capacity to $1.2 billion.The natural gas company announced Friday that it has completed a $300 million increase to its senior secured revolving credit facility. It also extended the maturity of the revolving credit facility by one year...

Facebook's stock ends week lower

June 29, 2012 2:50 pm | by The Associated Press | News | Comments

During the week that the bankers behind Facebook's initial public offering issued their first ratings on the company, its shares fell nearly 6 percent.The stock ended trading Friday at $31.09, down 27 cents for the day. For the week, it lost almost $2, or 5.9 percent, compared with last...

AMR seeks more time to present turnaround plan

June 29, 2012 1:50 pm | by The Associated Press | News | Comments

The parent company of American Airlines may get more time to present a turnaround plan in federal bankruptcy court.AMR Corp. said Friday that creditors agreed to support a 3-month extension for AMR's exclusive rights to offer a restructuring plan, to Dec. 27 from Sept. 28. A federal judge is...

YRC Worldwide pays $11M to settle bias charges

June 29, 2012 1:50 pm | by SAM HANANEL - Associated Press - Associated Press | News | Comments

Trucking company YRC Worldwide Inc. will pay $11 million to settle charges of race discrimination at its former facility in Chicago Ridge, Ill.A federal judge in Chicago has granted preliminary approval to a consent decree between the company and the U.S. Equal Employment Opportunity...


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