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Pinnacle under pressure from Delta

June 22, 2012 2:50 pm | by JOSHUA FREED - AP Airlines Writer - Associated Press | News | Comments

Pinnacle Airlines is coming under significant pressure from Delta, its main customer, which is poised to sharply reduce its use of the regional jets that Pinnacle flies between smaller cities and Delta's hubs.It means that labor talks at Pinnacle are on hold and the airline needs to re-do the...

Weekly changes in Facebook stock prices

June 22, 2012 1:50 pm | by The Associated Press | News | Comments

On its first day of trading, Facebook Inc.'s stock closed barely above its public offering price. It gained 23 cents, or 0.6 percent, to close at $38.23. Since then, the stock price has fallen each week — until last week. Facebook finished this week up 10 percent, the second straight week of...

Investing pros offer their best investing ideas

June 22, 2012 1:50 pm | by DAVE CARPENTER - AP Personal Finance Writer - Associated Press | News | Comments

Tense financial times have only heightened investors' interest in finding bargains and safe harbors.With Europe, China and the debt overhang complicating the outlook, they may be relying more on ideas from experts, such as the 1,850 financial planners and fund managers attending the annual...


Delta Air Lines finalizes purchase of refinery

June 22, 2012 12:50 pm | by The Associated Press | News | Comments

Delta Air Lines is in the fuel business now.A Delta subsidiary closed its $180 million purchase of a Trainer, Pa., refinery from Phillips 66 on Friday.The refinery near Philadelphia was shut down, and Phillips 66 was looking to sell it because it has been a money-loser. Delta plans to begin...

DirecTV cuts 3-D channel from 24-hour to part-time

June 22, 2012 12:50 pm | by The Associated Press | News | Comments

DirecTV says it has reduced the programming hours of its 24-hour 3-D channel, n3D, due to a shortage of 3-D content.The satellite TV provider launched the channel to much fanfare in July 2010, boasting the backing of Panasonic. The company said it was the first 3-D channel to operate around the...

Displaced coal miners face slim job prospects

June 22, 2012 11:50 am | by BRUCE SCHREINER - Associated Press - Associated Press | News | Comments

Hundreds of eastern Kentucky miners let go by Arch Coal Inc. this week are facing slim prospects as they look for opportunities to replace those high-wage jobs in a region plagued by stubbornly high unemployment."It's a tough, tough situation," said Jeff Whitehead, executive director of the...

Hilcorp Alaska makes big strides in Cook Inlet

June 22, 2012 11:50 am | by LISA DEMER - Anchorage Daily News - Associated Press | News | Comments

The newest player in Cook Inlet oil and gas production could soon be the biggest one, too.If the company succeeds in a second big acquisition, newcomer Hilcorp Alaska will become the dominant producer of oil and gas in and around the Inlet — establishing itself as a major supplier of the...

GM recalls popular Cruze over fire risk

June 22, 2012 11:50 am | by TOM KRISHER - AP Auto Writer - Associated Press | News | Comments

Engine fires are forcing General Motors to recall the Chevy Cruze, a popular model that has helped GM win back small-car buyers.The recall covers 475,000 vehicles made in the U.S. from September of 2010 through May of 2012.The fires can break out when fluids drip onto a hot plastic shield below...


Gilman USA’s New Streamlined Website Adds Functionality

June 22, 2012 11:04 am | by Gilman USA | News | Comments

Gilman USA has redesigned its website to create a more effective and engaging experience for visitors.  

NovaTorque Gen2.0 PremiumPlus+ Motors Named a Winner of the 50th Annual R & D 100 Awards

June 22, 2012 10:57 am | by NovaTorque | News | Comments

NovaTorque ’s Gen2.0 PremiumPlus+ Electronically Commutated Permanent Magnet (ECPM) motors were recognized by the editors of R&D Magazine as one of the 100 most technologically significant products introduced in the marketplace over the past year.

Earnings schedule for week of 6/25/2012

June 22, 2012 10:50 am | by The Associated Press | News | Comments

Major companies tentatively scheduled to report quarterly earnings next week:MondayNo major announcements expected.TuesdayH&R Block Inc. reports quarterly financial results.WednesdayMonsanto Co. reports quarterly financial results.ThursdayNike Inc. reports quarterly financial results.Research In...

Facebook signs apps privacy agreement

June 22, 2012 10:50 am | by The Associated Press | News | Comments

Facebook became the seventh company to agree to give people advance warning if its mobile applications pull personal information from mobile phones and tablet computers.California Attorney General Kamala D. Harris said Friday that the agreement includes Facebook's own applications, as well as...

Weekly US oil, gas rig count down by 5 to 1,966

June 22, 2012 10:50 am | by The Associated Press | News | Comments

The number of rigs actively exploring for oil and natural gas in the U.S. is down by five this week to 1,966.Houston-based oilfield services company Baker Hughes Inc. reported Friday that 1,421 rigs were exploring for oil and 541 for gas. Four were listed as miscellaneous. A year ago, Baker...

American offers to drop plans to lay off pilots

June 22, 2012 10:50 am | by DAVID KOENIG - AP Airlines Writer - Associated Press | News | Comments

American Airlines is offering to drop plans to furlough pilots as it seeks union approval for a long-term cost-cutting deal that would help American rebuild while under bankruptcy protection.The airline also gave ground on other areas including pay, where it is now offering slight...

Fitch downgrades Navistar ratings

June 22, 2012 10:50 am | by The Associated Press | News | Comments

Fitch Ratings lowered its ratings of Navistar International Corp. Friday and put it on watch for future downgrades after the U.S. truck and engine maker reported an unexpected loss.Navistar is facing a number of challenges. Its stock price has fallen since the start of the month when it...


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