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Experts: Some Fracking Critics Use Bad Science

July 23, 2012 5:24 am | by KEVIN BEGOS, Associated Press | News | Comments

In the debate over natural gas drilling, the companies are often the ones accused of twisting the facts. But scientists say opponents sometimes mislead the public, too.

New Lab Working on Security Shoe Sole to ID People

July 23, 2012 5:15 am | by KEVIN BEGOS, Associated Press | News | Comments

A new lab is working to perfect special shoe insoles that can help monitor access to high-security areas, like nuclear power plants or special military bases.

Maruti stock sinks after riot shuts India factory

July 23, 2012 4:50 am | by ERIKA KINETZ - AP Business Writer - Associated Press | News | Comments

Shares of Maruti Suzuki, India's top car maker, plunged Monday after the company said it would impose an indefinite lockout at a factory in India that was wracked by a deadly labor dispute last week.The violence threatens to further damage India's waning investor appeal and slow the expansion...


JetBlue adds elite tier to frequent flier program

July 23, 2012 4:50 am | by The Associated Press | News | Comments

JetBlue has added a new elite tier to its frequent flier program, with perks like speedier security lines and free second checked bags, in an effort to lure more business travelersMajor airlines have had multi-level frequent flier programs for decades as a way to distinguish and reward repeat...

Canadian firm could mine gold in Marathon Co.

July 23, 2012 4:50 am | by The Associated Press | News | Comments

A Canadian company is evaluating the feasibility of an open pit mine in eastern Marathon County where it has found traces of gold.Aquila Resources Inc. has mineral rights on 600 acres in the town of Easton. The company has drilled 42 test holes and plans more exploratory drilling later this...

Novartis Sandoz unit completes Fougera purchase

July 23, 2012 4:50 am | by The Associated Press | News | Comments

Swiss drugmaker Novartis AG's Sandoz division has completed its $1.53 billion purchase of dermatology drug maker Fougera Pharmaceuticals.Sandoz said Monday that Fougera, which is based in Princeton, N.J., will be integrated into its U.S. business, which is headquartered in Melville, N.Y. Sandoz...

UTC announces sale of Rocketdyne to GenCorp

July 23, 2012 4:50 am | by The Associated Press | News | Comments

United Technologies Corp. says it has agreed to sell its Rocketdyne unit to GenCorp Inc. for $550 million.Hartford-based UTC made the announcement Monday morning, saying the transaction is expected to close in the first half of 2013.Rocketdyne, a manufacturer of rocket engines and...

Earnings Preview: Zynga 2Q to spotlight players

July 23, 2012 3:50 am | by The Associated Press | News | Comments

Online game company Zynga Inc. is expected to post higher second-quarter revenue than it did a year ago, when it was still privately held, on Wednesday after the market closes. But worries about declining player numbers have cast a shadow on the stock in recent month.WHAT TO WATCH FOR: Zynga's...


Genesee & Wyoming plans $1.39B RailAmerica deal

July 23, 2012 3:50 am | by The Associated Press | News | Comments

Genesee & Wyoming says it will buy fellow regional railroad operator RailAmerica for about $1.39 billion in cash.The Greenwich, Conn., company will pay $27.50 for each share of RailAmerica Inc., which is based in Jacksonville, Fla.The price represents a premium of nearly 11 percent over...

Laredo Petroleum Schedules Second-Quarter 2012 Earnings Conference Call for August 9

July 23, 2012 3:50 am | by The Associated Press | News | Comments

Laredo Petroleum Schedules Second-Quarter 2012 Earnings Conference Call For August 9 Second-Quarter 2012 Results Thursday, August 9, 2012 9:00 a.m. CT (10:00 a.m....

CNOOC to buy Canada's Nexen for $15.1 billion

July 23, 2012 2:50 am | by The Associated Press | News | Comments

China's CNOOC Ltd. said it has agreed to buy Canadian oil and gas producer Nexen for $15.1 billion in cash.CNOOC, one of China's three major state-owned oil producers, said Monday the deal will expand its currently limited presence in Canada, Nigeria and the Gulf of Mexico.The offer of $27.50 a...

Medical firm announces plans for $65M Gary plant

July 23, 2012 12:50 am | by The Associated Press | News | Comments

A central Indiana nuclear medicine company plans to build a $65 million plant in Gary that would employ up to 50 people within five years.The Times of Munster reports ( ) Fishers-based Positron Corp. will make radioactive medical imaging isotopes at the new plant that will...


Big Tech Stocks Rally after Early Earnings Reports

July 22, 2012 11:50 pm | by MICHAEL LIEDTKE - AP Technology Writer - Associated Press | News | Comments

That wasn't so bad, after all.That's the sentiment among investors as they digest last week's smorgasbord of quarterly results from technology companies that included Intel Corp., IBM Corp., Microsoft Corp. and Google Inc. Although reports from the industry bellwethers all featured some...

Gov't Probe of Japan Nuke Crisis Criticizes TEPCO

July 22, 2012 10:50 pm | by MARI YAMAGUCHI - Associated Press - Associated Press | News | Comments

Experts investigating Japan's nuclear disaster said Monday that the operator of the crippled plant continues to drag its feet in investigations and has tried to understate the true amount of damage at the complex.The report, by a government-appointed panel, is the latest of several to fault...

Docs at odds over kids' cholesterol test guidance

July 22, 2012 8:50 pm | by LINDSEY TANNER - AP Medical Writer - Associated Press | News | Comments

Should all U.S. children get tested for high cholesterol? Doctors are still debating that question months after a government-appointed panel recommended widespread screening that would lead to prescribing medicine for some kids.Fresh criticism was published online Monday in Pediatrics by...


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