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D.R. Horton: Smaller is better in some markets

May 5, 2009 9:23 am | by The Associated Press | News | Comments

AP () — — D.R. Horton's chief executive says smaller, more affordable homes are selling well in some areas and will bring higher profits to the nation's largest home builder.CEO Donald Tomnitz said the smaller homes were particularly popular in Seattle and Portland, Ore. Smaller homes are cheaper...

Japan Secrets Unveiled

May 5, 2009 9:19 am | by Jay Alabaster, Associated Press Writer | News | Comments

When Google Earth added historical maps of Japan to its online collection last year, the search giant didn't expect a backlash. The finely detailed woodblock prints have been around for centuries, they were already posted on another Web site, and a historical map of Tokyo put up in 2006 hadn't caused any problems. 

Earnings Preview: Sara Lee Corp.

May 5, 2009 9:18 am | by EMILY FREDRIX - AP Food Industry Writer - Associated Press | News | Comments

MILWAUKEE (AP) — Sara Lee Corp. reports earnings for its fiscal third quarter on Thursday before the market opens. The following is a summary of key developments and analyst opinion related to the period.OVERVIEW: The maker of Jimmy Dean sausages, Hillshire Farm deli meats and Sara Lee breads has...

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Prosecutors allege bribery at German truck maker

May 5, 2009 9:13 am | by The Associated Press | News | Comments

BERLIN (AP) — Munich prosecutors opened a corruption and bribery investigation against MAN AG on Tuesday and searched the truck maker's offices across Germany.Lead prosecutor Manfred Noetzel said the company is suspected of paying millions in bribes in exchange for deals to sell and lease its...

Headwaters 1Q loss down sharply on charge

May 5, 2009 9:13 am | by The Associated Press | News | Comments

SOUTH JORDAN, Utah (AP) — Energy and building products company Headwaters Inc. said Tuesday that its net loss grew substantially during the first quarter due to a goodwill-impairment charge, but predicted better-than-expected profit for the year.Headwaters reported a net loss of $406.3 million, or...

Live Nation selling 3 Boston venues

May 5, 2009 9:08 am | by The Associated Press | News | Comments

BOSTON (AP) — Concert promoter Live Nation Inc. is selling three Boston venues for $22.5 million to pay down some of its debt.The Los Angeles-based company said Tuesday it will sell the Boston Opera House, the Orpheum Theatre and the Paradise Rock Club by the third quarter.A Live Nation spokesman...

Philip Morris looks to new products for growth

May 5, 2009 9:03 am | by MICHAEL FELBERBAUM - AP Business Writer - Associated Press | News | Comments

RICHMOND, Va. (AP) — At its first shareholder meeting since the spinoff from Altria Group Inc., Philip Morris International Inc. said new products in its key brands like Marlboro will help grow cigarette sales overseas, its core market.Chief Executive Louis C. Camilleri told investors at the annual...

American Airlines reduces flights to Mexico

May 5, 2009 9:03 am | by The Associated Press | News | Comments

DALLAS (AP) — American Airlines said Tuesday it will reduce the number of flights to Mexico by about one-fourth, joining most other major U.S. carriers in reacting to falling demand amid public worry over the swine flu.American and its regional affiliate, American Eagle, will cut daily round trips...

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Cracking Down On Business Taxes

May 5, 2009 9:00 am | by Philip Elliott, Associated Press Writer | News | Comments

President Barack Obama plans changes to tax policy certain to be unpopular with corporations with international divisions and individuals who use tax havens.

Spotting The Flu

May 5, 2009 8:36 am | by Barbara Ortutay, AP Technology Writer | News | Comments

To screen passengers for swine flu and other contagious diseases, some airports use thermal imaging cameras to see whether travelers have fevers, without having to stick thermometers in their mouths. So how do the cameras work?

'Smart Turbine blades' To Improve Wind Power

May 5, 2009 8:25 am | News | Comments

Researchers have developed a technique that uses sensors and computational software to constantly monitor forces exerted on wind turbine blades, a step toward improving efficiency by adjusting for rapidly changing wind conditions.

Correction: Wall Street-Week Ahead story

May 5, 2009 8:17 am | by The Associated Press | News | Comments

NEW YORK (AP) — In a May 3 story about the upcoming week on Wall Street, The Associated Press misidentified the firm for which Tim Speiss works. Speiss is chairman of the personal wealth adviser division at Eisner LLP, not Ensnare LLP.

Microsoft moves forward on plan to lay off 5,000

May 5, 2009 8:12 am | by JESSICA MINTZ - AP Technology Writer - Associated Press | News | Comments

SEATTLE (AP) — Microsoft Corp. said Tuesday it is pulling the trigger on thousands of the 5,000 job cuts it announced earlier this year.And in an e-mail to employees, Microsoft Chief Executive Steve Ballmer left the door open to even more cuts."As we move forward, we will continue to closely...

Tiny Lasers Plug The 'Green Gap'

May 5, 2009 8:11 am | News | Comments

Compact lasers which can work in formerly inaccessible parts of the spectrum and are suitable for mass production are now within reach, thanks to pioneering work by a European consortium.  

Libraries eye stimulus money for their Web access

May 5, 2009 8:07 am | by ANDREW VANACORE - AP Business Writer - Associated Press | News | Comments

The libraries in Delaware County, Pa., are trying to shift into warp speed. The county is hooking eight branches to a fiber-optic network to help meet library patrons' ever-rising demand for high-bandwidth tasks like streaming educational videos and uploading online resumes.Yet that still leaves 17...

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