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10 Micron Repeatability

May 7, 2009 10:22 am | H2W Technologies | Product Releases | Comments

H2W Technologies introduces 2-axis linear stepper motor gantries that offer low force, hight speed, high repeatability, zero backlash, and long system life.  

Last-minute deals on 5 classic Mother's Day gifts

May 7, 2009 10:10 am | by MAE ANDERSON - AP Retail Writer - Associated Press | News | Comments

NEW YORK (AP) — With Mother's Day just days away, there are plenty of options left for procrastinators, but most involve shelling out major bucks. This year, though, as retailers chase dollars amid the recession, some low-price options are available.Here's how to get deals on five classic gifts:1....

Mortgage rates rise, shy of record low

May 7, 2009 10:10 am | by ALAN ZIBEL - AP Real Estate Writer - Associated Press | News | Comments

WASHINGTON (AP) — Rates on 30-year mortgages inched up this week after matching an all-time record low a week earlier.Mortgage finance giant Freddie Mac said Thursday that average rates on 30-year fixed-rate mortgages rose to 4.84 percent this week, down from an average of 4.78 percent last week....

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Zurich Financial reports 75 pct drop in 1Q profit

May 7, 2009 9:50 am | by The Associated Press | News | Comments

ZURICH (AP) — Swiss insurer Zurich Financial Services Group on Thursday reported a 75 percent drop in first quarter net profit after booking heavy investment losses.Net profit amounted to $362 million compared to $1.43 billion in the same quarter last year.Analysts judged the results as solid, if a...

MetroPCS 1Q profit rises, tops forecast

May 7, 2009 9:40 am | by The Associated Press | News | Comments

DALLAS (AP) — Wireless carrier MetroPCS Communications Inc. said Thursday its first-quarter profit jumped 11 percent, helped by a growing subscriber base as it expanded into the New York City and Boston areas.But revenue fell below Wall Street expectations, sending shares down $1.73, or 9.4...

Venezuela to pay Ternium $1.97 billion for Sidor

May 7, 2009 9:34 am | by The Associated Press | News | Comments

CARACAS, Venezuela (AP) — A subsidiary of the Argentine-Italian conglomerate Techint announced Thursday that it has agreed to turn over its 59.7 percent share in steel maker Sidor to Venezuela for $1.97 billion.Venezuelan state holding company Corporacion Venezolana de Guayana paid $400 million of...

Lloyds Group loan impairments rise sharply

May 7, 2009 9:09 am | by ROBERT BARR - Associated Press Writer - Associated Press | News | Comments

LONDON (AP) — Shares in Lloyds Banking Group PLC tumbled Thursday after it reported that impairments on loans rose significantly in the first quarter, when the economy fell deeper into recession.Investors were not reassured by Lloyds' insistence that the potential losses had already been accounted...

Severstal announces plans to idle WVa, Ohio plants

May 7, 2009 8:53 am | by TIM HUBER - AP Business Writer - Associated Press | News | Comments

CHARLESTON, W.Va. (AP) — Russian-owned steelmaker Severstal International said Thursday it is idling mills West Virginia and Ohio because of the continuing slump in the steel industry.About 3,100 workers at Severstal Wheeling Inc. and Severstal Warren Inc. are affected by the decision, the company...

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Correction: Meltdown 101 Q & A on tax havens

May 7, 2009 8:43 am | by The Associated Press | News | Comments

WASHINGTON (AP) — In a May 4 story about tax havens, The Associated Press misattributed the fact that Citigroup has 4,000 subsidiaries. The information came from Citigroup, not from the Government Accountability Office.

Older workers embrace career change, less stress

May 7, 2009 8:38 am | by DAVE CARPENTER - AP Personal Finance Writer - Associated Press | News | Comments

CHICAGO (AP) — Less pay, fewer benefits, lower prestige — and greater job satisfaction.Older workers and retirees moving into different lines of work can take heart from a new study that finds they are likely to enjoy their new jobs more than their old ones.In an era when pink slips are increasing...

Dissolvable Spacers

May 7, 2009 8:37 am | Product Releases | Comments

Multi-Seals introduces Wash-Away dissolvable spacers designed to provide consistent spacing between printed circuit boards and PCB components

Union says CAW, GM Canada being pushed to talk

May 7, 2009 8:18 am | by CHARMAINE NORONHA - Associated Press Writer - Associated Press | News | Comments

TORONTO (AP) — The head of the Canadian Auto Workers said Thursday that the federal and Ontario governments are pressing the union to come up with a new cost-cutting labor agreement with General Motors Canada or risk losing government assistance and liquidation.Ken Lewenza said the governments have...

Accurate Solutions For Piston Detection

May 7, 2009 8:14 am | Sick Stegmann, Inc. | Product Releases | Comments

SICK launches its MPS (Magnetic Positioning Sensor) and MZT8 Magnetic Cylinder Sensors.

Boston Globe union meets over concessions

May 7, 2009 8:02 am | by DENISE LAVOIE - Associated Press Writer - Associated Press | News | Comments

BOSTON (AP) — Members of The Boston Globe's largest union met Thursday to debate a proposal for deep wage and benefit cuts that the newspaper's parent company, The New York Times Co., said were necessary to keep the 137-year-old daily from closing."There seem to be a lot of upset members of the...

Motor Pulley Torque Sensor

May 7, 2009 7:47 am | Sensor Developments, Inc. | Product Releases | Comments

Sensor Developments announces a new development in its rotary torque sensor line with a new motor pulley torque sensor, model 01287.

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