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Swiss drug maker Roche to cut 1,000 jobs in US

June 26, 2012 9:50 am | by The Associated Press | News | Comments

Swiss drugmaker Roche Holding AG has announced plans to cut 1,000 jobs in the United States by closing a research and development site in New Jersey.The Basel, Switzerland-based company says its closure of the site in Nutley, N.J., is "expected to result in a reduction of around 1,000...

Cisco strategy head Hooper leaves to start fund

June 26, 2012 9:50 am | by The Associated Press | News | Comments

Cisco says its chief strategy officer, who was responsible for scouting for acquisition opportunities, has left for an investment fund.Ned Hooper had been on the short list of possible successors to CEO John Chambers. His responsibilities will be taken over by Chief Technology Officer Padmasree...

Coinstar completes $100M deal for NCR's DVD kiosks

June 26, 2012 9:50 am | by The Associated Press | News | Comments

Coinstar Inc. says that it has completed its $100 million acquisition of DVD rental kiosks and other assets from rival NCR Corp.Under the terms of the deal, Bellevue, Wash.-based Coinstar also assumed certain NCR liabilities related to the assets and entered into a supplier agreement to buy...

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Gas compression station closed after line ruptures

June 26, 2012 9:50 am | by The Associated Press | News | Comments

A natural gas compression station remains closed after a line rupture killed one person and left two others seriously injured.The accident occurred Monday morning at a facility owned by BP PLC near Durango. BP says a crew was performing pipeline maintenance at the time.A company spokeswoman...

Better Surfaces Could Help Dissipate Heat

June 26, 2012 9:48 am | by MIT | News | Comments

Cooling systems that use a liquid that changes phase — such as water boiling on a surface — can play an important part in many developing technologies, including advanced microchips and concentrated solar-power systems.

Murata’s New KRM Series Multilayer Ceramic Capacitors

June 26, 2012 9:43 am | by Murata Americas | Murata Electronics North America | Product Releases | Comments

Murata Americas has introduced 2 new multilayer ceramic capacitor (MLCCs) series that contain metal terminal.

Parking Garage LED Retrofit Is a Drive-Away Success

June 26, 2012 8:14 am | by Michael Wypasek, Thomas Research Products | News | Comments

Recently, the city felt the impact of the federal stimulus package on both their energy and maintenance costs when they retrofitted the four-tier garage with LED lighting fixtures.

Psychologist Teams Up with Golf Pro

June 26, 2012 8:06 am | by Theresa Winslow, The Capital of Annapolis | News | Comments

Dana Clark wanted help with her golf swing. She ended up in business with her instructor.  

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Nucor's Blytheville plant to get $115M expansion

June 26, 2012 7:50 am | by The Associated Press | News | Comments

Nucor Corp. is entering into a joint venture to begin a $115 million expansion of its steel mill at Blytheville.Nucor announced Tuesday that it is joining with Yamato Kogyo Co. to expand production. The work should be complete early next year.The Nucor-Yamato Steel Co. project will expand the...

Foreigners not held in Central African Republic

June 26, 2012 7:50 am | by HIPPOLYTE MARBOUA - Associated Press - Associated Press | News | Comments

BANGUI, Central African Republic (AP) — Authorities in the Central African Republic said that rebels had released the foreigners they were holding after attacking a French uranium exploration site, even though officials with the company in France denied that the expatriates had ever been...

News Corp. confirms it's considering split in 2

June 26, 2012 7:50 am | by AP Business WriterAssociated Press | News | Comments

Under pressure to limit contagion from the British phone hacking scandal, Rupert Murdoch's News Corp. confirmed Tuesday that it is considering splitting into two publicly traded companies.The media conglomerate did not specify Tuesday which businesses each company would contain.The Wall Street...

CACI starts repurchase of 4 million shares

June 26, 2012 6:50 am | by The Associated Press | News | Comments

CACI International Inc. said Tuesday that it has begun the repurchase of 4 million shares of its common stock.The Arlington, Va.-based government information technology contractor said it expects to complete the buyback program in about two months, depending upon market conditions.CACI said...

Chesapeake Utilities buying Eastern Shore cos.

June 26, 2012 6:50 am | by The Associated Press | News | Comments

Chesapeake Utilities is buying the operating assets of Eastern Shore Gas and affiliate Eastern Shore Propane to boost its natural gas business in Maryland and to increase its customer base.Financial terms of the transaction were not disclosed.Natural gas supplies are surging thanks to hydraulic...

Anderson's former GM plants getting second look

June 26, 2012 6:50 am | by MELANIE D. HAYES - The Herald Bulletin - Associated Press | News | Comments

Amid the vast open spaces that are the former General Motors plants, two City of Anderson buses could be seen rumbling through the overgrown weeds and cracked concrete.In these areas that have rarely experienced movement for several years, two dozen people poured out of the buses to get a good...

Photos of the Day: Ancient Road in Greece Discovered

June 26, 2012 6:44 am | by Associated Press | News | Comments

The marble-paved road was unearthed during excavations for a new subway system, which is due to be completed in four years.

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