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Ammonia Borane: Key To Hydrogen-Fueled Cars

May 12, 2009 5:12 am | News | Comments

A hydrogen-rich compound discovered by Stanford researchers is packed with promise of helping overcome one of the biggest hurdles to using hydrogen for fuel--namely, how do you stuff enough hydrogen into a volume that is small enough to be portable and practical for powering a car?  

Blockbuster hoping to ease worries with 1Q results

May 12, 2009 5:02 am | by MICHAEL LIEDTKE - AP Business Writer - Associated Press | News | Comments

SAN FRANCISCO (AP) — The struggling video rental chain Blockbuster Inc. is scheduled to report its first-quarter results after the stock market closes Thursday. The following is a summary of key developments and analyst opinion related to the period.OVERVIEW: Although Blockbuster lined up new...

Irish student hoaxes world's media with fake quote

May 12, 2009 5:02 am | by SHAWN POGATCHNIK - Associated Press Writer - Associated Press | News | Comments

DUBLIN (AP) — When Dublin university student Shane Fitzgerald posted a poetic but phony quote on Wikipedia, he said he was testing how our globalized, increasingly Internet-dependent media was upholding accuracy and accountability in an age of instant news.His report card: Wikipedia passed....

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Judge approves Tribune bonus payments

May 12, 2009 4:27 am | by RANDALL CHASE - AP Business Writer - Associated Press | News | Comments

WILMINGTON, Del. (AP) — The Tribune Co. can pay more than $13 million in bonuses to almost 700 employees for their work last year, a federal bankruptcy judge ruled Tuesday.But the judge denied authorization for the Tribune to make more than $2 million in severance payments to more than 60 employees...

Spain unveils new economic stimulus measures

May 12, 2009 3:31 am | by DANIEL WOOLLS - Associated Press Writer - Associated Press | News | Comments

MADRID (AP) — Spain's prime minister on Tuesday unveiled new rescue measures to help the economy out of recession, including tax cuts for small businesses, aid to encourage car purchases and a plan to reduce a huge stock of unsold new homes.Jose Luis Rodriguez Zapatero, who presented the package...

ArcelorMittal workers attack HQ

May 12, 2009 3:11 am | by AOIFE WHITE - AP Business Writer - Associated Press | News | Comments

LUXEMBOURG (AP) — Steel workers attacked ArcelorMittal's Luxembourg headquarters Tuesday during the company's annual shareholders meeting, setting off smoke bombs and breaking through the front door to protest temporary layoffs during the economic slump.Some of the 1,000 workers from Belgium and...

Alpha Natural buying Foundation Coal for $1.4B

May 12, 2009 3:01 am | by TIM HUBER - AP Business Writer - Associated Press | News | Comments

CHARLESTON, W.Va. (AP) — Alpha Natural Resources said Tuesday it plans to buy rival Foundation Coal for about $1.4 billion in an all-stock deal that would create the nation's third-largest coal producer.Foundation Coal shares jumped nearly 21 percent.Talk of another wave of consolidation in the...

NEC reports $3 bln loss, but sees profit this year

May 12, 2009 2:35 am | by MARI YAMAGUCHI - Associated Press Writer - Associated Press | News | Comments

TOKYO (AP) — Japanese electronics giant NEC Corp. said Tuesday it fell into the red last fiscal year because of business restructuring costs and stock losses from the economic downturn. But it expects to return to a modest profit this year.NEC recorded a group net loss of 297 billion yen ($3...

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Social Security and Medicare finances worsen

May 12, 2009 2:30 am | by MARTIN CRUTSINGER - AP Economics Writer - Associated Press | News | Comments

WASHINGTON (AP) — Social Security and Medicare are fading even faster under the weight of the recession, heading for insolvency years sooner than previously expected, the government warned Tuesday. Social Security will start paying out more in benefits than it collects in taxes in 2016, a year...

Vigils for 1st anniversary of immigration raid

May 12, 2009 2:15 am | by NIGEL DUARA - Associated Press Writer - Associated Press | News | Comments

POSTVILLE, Iowa (AP) — Church bells have started tolling in a small Iowa town to mark the first anniversary of the immigration raid on a kosher meatpacking plant that upended the local economy.Bells started ringing at 10 a.m. Tuesday in Postville, Iowa, to commemorate the time of the raid on May...

Australia plans record debt to stave off recession

May 12, 2009 1:49 am | by ROD McGUIRK - Associated Press Writer - Associated Press | News | Comments

CANBERRA, Australia (AP) — The government plans to shield jobs from the global downturn through wide-ranging infrastructure spending in an economic blueprint released Tuesday that would plunge Australia into record debt.Treasurer Wayne Swan revealed his bold budget for the next fiscal year...

Judge rejects splitting up suit over Western bird

May 12, 2009 12:34 am | by TODD DVORAK - Associated Press Writer - Associated Press | News | Comments

BOISE, Idaho (AP) — Environmental advocates say a judge's recent decision in their lawsuit over dwindling Western bird habitat will let them fight for a sweeping regional solution and avoid costly state-by-state legal battles.The Western Watershed Project accuses the U.S. Bureau of Land Management...

Mazda sinks into the red amid auto slump

May 12, 2009 12:08 am | by YURI KAGEYAMA - AP Business Writer - Associated Press | News | Comments

TOKYO (AP) — Mazda Motor Corp. sank to a loss for the fiscal year ended March, sharing the fate of other Japanese automakers battered by the global slump and strong yen.Hiroshima-based Mazda, Japan's fifth biggest automaker, reported Tuesday a 71.5 billion yen ($733 million) loss for the fiscal...

Bertelsmann reports Q1 loss of euro78 million

May 11, 2009 11:53 pm | by The Associated Press | News | Comments

FRANKFURT (AP) — German media company Bertelsmann AG on Tuesday reported a euro78 million loss for the first quarter on the back of falling advertising revenues and consumer spending, and said it expected revenues to decline this year.The Guetersloh-based company's loss for the January-March period...

Hang up: warranty 'robo-calls' get FTC probe

May 11, 2009 11:38 pm | by MARCY GORDON - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — Federal regulators are close to filing lawsuits against companies behind a national wave of spam "robo-calls" that warn people their auto warranties are about to expire and offer new service plans, two senators said Tuesday.The Federal Trade Commission has started investigations...

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