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Japan financial chief confirms Olympus probe
November 10, 2011 7:50 pm | by The Associated Press | News | CommentsThe minister overseeing Japan's financial markets says his agency will investigate scandal-tainted camera and medial equipment maker Olympus Corp.Financial Services Ministers Shozaburo Jimi said Friday the government expects Olympus to carry out its own investigation and come clean.But he...
Boeing and Hawai'i BioEnergy to Work on Renewable Biofuel for Aviation
November 10, 2011 6:40 pm | by Boeing | News | CommentsCollaborative efforts to focus on regionally produced, sustainable fuel options HONOLULU, Nov. 10, 2011 /PRNewswire/ -- Boeing (NYSE: BA) today announced a collaborative agreement to work with Hawai'i BioEnergy on renewable energy sources for creating aviation fuel. Announced on the eve...
Quepasa completes purchase of myYearbook.com
November 10, 2011 4:50 pm | by The Associated Press | News | CommentsQuepasa Corp., which runs social networking site Quepasa.com, said Thursday that it completed its purchase of myYearbook.com operator Insider Guides Inc.Quepasa, based in West Palm Beach, Fla. and focused on Latino users, said in July that it would buy the New Hope, Pa. company for $100 million...
Google buys 2 more startups: Apture, Katango
November 10, 2011 3:50 pm | by The Associated Press | News | CommentsGoogle has acquired two more startups to help the Internet search leader upgrade some of its services.The latest catches announced Thursday are Katango, which helps people manage their online social networks, and Apture, which makes tools that conduct searches about the topics within a Web...
US regulators charge Chinese company Longtop
November 10, 2011 3:50 pm | by The Associated Press | News | CommentsU.S. securities regulators have charged a Chinese software company with violating disclosure rules by failing to file accurate financial reports. Longtop Financial Technologies Ltd., whose shares no longer trade on the New York Stock Exchange, could face having its securities suspended or...
Report: Facebook Nears Privacy Settlement with FTC
November 10, 2011 2:50 pm | by The Associated Press | News | CommentsFacebook is nearing a settlement with federal regulators that would require the world's most popular online hangout to obtain approval from its users before making changes that expose their profiles and activities to a wider audience, according to a report published Thursday.Citing people...
US nuke regulator addresses safety after Japan
November 10, 2011 2:50 pm | by RAY HENRY - Associated Press - Associated Press | News | CommentsThe United States' top nuclear safety regulator warned power companies against complacency Thursday and said the agency must push ahead with new rules prompted by a nuclear crisis in Japan.U.S. Nuclear Regulatory Commissioner Gregory Jaczko made the remarks at a meeting of industry leaders...
Report: Facebook nears privacy settlement with US
November 10, 2011 2:50 pm | by The Associated Press | News | CommentsFacebook is nearing a settlement with U.S. regulators that would require the world's most popular online hangout to obtain approval from its 800 million users before making changes that expose their profiles and activities to a wider audience, according to a report published Thursday.Citing...
Scientists helping Xcel fine-tune wind forecasts
November 10, 2011 2:50 pm | by CATHERINE TSAI - Associated Press - Associated Press | News | CommentsXcel Energy Inc. has a new wind energy forecasting system that it says is saving the company money by helping it better predict when it can power down its natural gas-fired power plants and rely on wind turbines instead.The system developed by the National Center for Atmospheric Research in...
Rackspace Hosting makes interim CFO permanent CFO
November 10, 2011 2:50 pm | by The Associated Press | News | CommentsRackspace Hosting Inc. said Thursday that its interim chief financial officer, Karl Pichler, will take the job permanently.Pichler, 39, became interim CFO in April after Bruce Knooihuizen retired.Pilcher has been at the company since 2005, when he came on as vice president of finance. He was...
NRC chair: industry must address list of issues
November 10, 2011 2:50 pm | by RAY HENRY - Associated Press - Associated Press | News | CommentsThe country's top nuclear safety regulator warned power companies against complacency Thursday and said the agency must push ahead with new rules prompted by a nuclear crisis in Japan while also resolving long-running issues involving fire protection and a new analysis of earthquake risks.U.S....
Avnet to acquire Pinnacle Data for $22M
November 10, 2011 2:50 pm | by The Associated Press | News | CommentsElectronic components maker Avnet Inc. said Thursday that it is acquiring Pinnacle Data Systems Inc. for roughly $22 million in an all-cash deal.Pinnacle, based in Groveport, Ohio, is an electronics repair and logistics services company that helps clients repair, refurbish, recycle and dispose...
Thor Industries says head of Dutchmen unit leaving
November 10, 2011 1:50 pm | by The Associated Press | News | CommentsThor Industries Inc. said Thursday that the president of its Dutchmen subsidiary is leaving the recreational-vehicle manufacturer.The company did not announce a successor for Don Clark but said he would stay until one is found.The Dutchmen subsidiary includes Thor's Komfort and Breckenridge...
IDC expects Thai floods to hurt PCs in new year
November 10, 2011 1:50 pm | by The Associated Press | News | CommentsHeavy flooding in Thailand won't hurt PC sales significantly this holiday season, research group IDC says.The disaster's real effect isn't expected to hit makers of personal computers until early next year. In a worst-case scenario, PC shipments could drop more than 20 percent from previous...
Caterpillar seeks Chinese mining equipment company
November 10, 2011 1:50 pm | by The Associated Press | News | CommentsCaterpillar Inc. says it is seeking to buy a Chinese maker of mining machinery for as much as $886 million.Hong Kong-based ERA Mining Machinery Ltd. designs, builds, sells and supports equipment for underground coal mining in China. Caterpillar, which is based in Peoria, Ill., says expanding in the...
