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'Excitebots,' 'NASCAR Kart Racing' go for a spin

May 12, 2009 10:07 am | by LOU KESTEN - Associated Press Writer - Associated Press | News | Comments

When it comes to high-speed driving on Nintendo consoles, the action pretty much begins and ends with one name: "Mario Kart." The Wii version was last year's best-selling game worldwide, and no one has made a serious effort to challenge its dominance in the genre.Take a look at some other Wii...

AP source: Geffen bid for New York Times stake

May 12, 2009 10:07 am | by ANDREW VANACORE - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Entertainment billionaire David Geffen approached a hedge fund about buying its 19 percent stake in The New York Times Co., a person knowledgeable about the offer confirmed Tuesday.The fund, Harbinger Capital Partners, turned down the bid, according to the person familiar with the...

Lawmakers adopt bill to punish Internet piracy

May 12, 2009 9:57 am | by EMMANUEL GEORGES-PICOT - Associated Press Writer - Associated Press | News | Comments

PARIS (AP) — French lawmakers in the lower house on Tuesday passed a bill that would cut the Internet connections of those who repeatedly download music and films illegally, creating what may be the first government agency to track and punish online pirates.The bill passed 296 to 233 in a show of...

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Earnings Preview-Kohl's Corp.

May 12, 2009 9:52 am | by RZT-ad-liAssociated Press | News | Comments

NEW YORK (AP) — Kohl's Corp. reports earnings for the fiscal first quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period.OVERVIEW: Department stores such as Kohl's are facing big challenges as shoppers have retrenched sharply since the...

EADS 1st-qtr net profit falls 40 percent

May 12, 2009 9:47 am | by EMMA VANDORE - AP Business Writer - Associated Press | News | Comments

PARIS (AP) — EADS, the parent company of planemaker Airbus, said Tuesday that first quarter profit fell 40 percent as airlines delayed orders and deliveries. The company also took a €120 million charge for its troubled A400M military transport plane.European Aeronautics Defense and Space Co. said...

Judge OKs deal to make GMAC top Chrysler lender

May 12, 2009 9:42 am | by BREE FOWLER - AP Auto Writer - Associated Press | News | Comments

NEW YORK (AP) — A bankruptcy judge on Tuesday ruled that GMAC Financial Services can become Chrysler LLC's preferred lender, potentially sending a slew of new business to the financing company and ensuring that Chrysler's dealers will have access to the loans they need to stay in business.U.S....

Earnings Preview: J. C. Penney Co.

May 12, 2009 9:36 am | by The Associated Press | News | Comments

NEW YORK (AP) — Department-store operator J.C. Penney Co. reports earnings for the first quarter on Friday before the market open. The following is a summary of key developments and analyst opinion related to the period.OVERVIEW: Department store chains such as J.C. Penney have faced increasing...

Validus offers to exchange its share for IPC stock

May 12, 2009 9:26 am | by The Associated Press | News | Comments

NEW YORK (AP) — Validus Holdings Ltd. on Tuesday offered to exchange its own shares for those of fellow Bermuda-based reinsurer IPC Holdings Ltd.The move is the latest in Validus' effort to thwart a combination of IPC Holdings and Max Capital Group Ltd.Under the exchange offer, IPC shareholders...

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Teflon lawsuit against DuPont dismissed

May 12, 2009 9:21 am | by The Associated Press | News | Comments

DES MOINES, Iowa (AP) — A lawsuit against DuPont Co. claiming its nonstick Teflon cookware coating could pose health risks to users has been dropped.The lawsuit included 22 cases from about 15 states. All had been consolidated to be heard in U.S. District Court in Des Moines.Des Moines attorney Kim...

New York Times launches 'Times Wire' page

May 12, 2009 9:16 am | by The Associated Press | News | Comments

NEW YORK (AP) — The New York Times launched a new feature on its Web site Tuesday offering readers a running stream of updates from the Times newsroom.The new page, called the "Times Wire," compiles material more like a blog than a traditional news site. Updates appear chronologically rather than...

EBay cuts auction listing fees for casual sellers

May 12, 2009 8:51 am | by RACHEL METZ - AP Technology Writer - Associated Press | News | Comments

NEW YORK (AP) — The online marketplace eBay is eliminating some upfront fees to attract more sellers who occasionally auction off items.San Jose, Calif.-based eBay Inc. said Tuesday that users will soon be able to offer up to five items for auction every 30 days without paying the fees that eBay...

Geithner headed to China in early June

May 12, 2009 8:30 am | by MARTIN CRUTSINGER - AP Economics Writer - Associated Press | News | Comments

WASHINGTON (AP) — The administration says Treasury Secretary Timothy Geithner will travel to Beijing early next month for meetings with senior Chinese officials.It will be Geithner's first trip to China since he became Treasury secretary.The Treasury Department says Geithner's discussions on June...

Dell bans e-waste export to developing countries

May 12, 2009 8:15 am | by JESSICA MINTZ - AP Technology Writer - Associated Press | News | Comments

SEATTLE (AP) — PC maker Dell Inc. on Tuesday formally banned the export of broken computers, monitors and parts to developing countries amid complaints that lax enforcement of environmental and worker-safety regulations have allowed an informal and often hazardous electronic-waste recycling...

Storming The ArcelorMittal

May 12, 2009 8:11 am | by by Meaghan Ziemba, Associate Editor, PD&D | Blogs | Comments

Economic times are starting to imitate historical events, with frustrated workers storming job sites as an attempt to get answers.

Poland's PGNiG, Gazprom reach gas delivery deal

May 12, 2009 8:00 am | by The Associated Press | News | Comments

WARSAW, Poland (AP) — Poland's gas monopoly PGNiG said Tuesday it had reached a deal with Gazprom to receive 1.024 billion cubic meters (1.34 billion cubic yards) of natural gas from the Russian company through the end of September.PGNiG, or Polskie Gornictwo Naftowe i Gazownictwo, estimated the...

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