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Expanded Motion Control Line

April 27, 2009 12:37 pm | Automationdirect | Product Releases | Comments

AutomationDirect (Cumming, GA) expands their line of SureStep motion control products.

AP sources: Joost seeks cable TV operator as buyer

April 27, 2009 12:37 pm | by The Associated Press | News | Comments

PHILADELPHIA (AP) — Online video site Joost is shopping itself around to different cable TV operators, but at least one has declined to buy it, according to people with knowledge of the talks.Time Warner Cable Inc., the nation's No. 2 cable operator that recently separated from parent Time Warner...

US and Cuban diplomats to hold another meeting

April 27, 2009 12:37 pm | by ROBERT BURNS - AP National Security Writer - Associated Press | News | Comments

WASHINGTON (AP) — A senior U.S. diplomat met Monday with Cuba's top Washington representative, but a State Department spokesman cautioned that the session did not signal a renewed U.S. push to improve relations.Spokesman Robert A. Wood said Thomas A. Shannon Jr., the assistant secretary of state...

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Staples CEO's compensation falls in 2008

April 27, 2009 12:32 pm | by ASHLEY M. HEHER - AP Retail Writer - Associated Press | News | Comments

CHICAGO (AP) — As office supply retailer Staples Inc.'s profit fell in 2008, CEO Ronald L. Sargent's compensation fell 58 percent to $12.6 million, less than half of what he received the year before, according to Associated Press calculations based on a regulatory filing on Monday.Sargent's salary...

Hanesbrands reports 1st-quarter loss

April 27, 2009 12:22 pm | by The Associated Press | News | Comments

NEW YORK (AP) — As consumers kept spending low — and Hanesbrands Inc. continued its restructuring — the apparel maker said Monday it lost $19.3 million in the first quarter. But it said its sales declines could moderate now as retailers resume more robust ordering.With brands including Hanes,...

NY AG sues home warranty company for fraud

April 27, 2009 12:07 pm | by The Associated Press | News | Comments

ALBANY, N.Y. (AP) — The New York attorney general says a New York City-based home warranty company cheated customers in at least 32 states out of hundreds of thousands of dollars.Attorney General Andrew Cuomo said Monday he has obtained a temporary restraining order against National Home Protection...

Starbucks shuts 10 Mexico City cafes due to flu

April 27, 2009 12:01 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Starbucks Corp. said Monday it has shut down 10 of its cafes in Mexico City in response to the swine flu outbreak. One of its employees in the city is also now being treated for flu symptoms.The Seattle-based premium coffee chain said it has not been confirmed whether the employee...

Gold prices dip as dollar jumps on swine flu scare

April 27, 2009 11:46 am | by SARA LEPRO - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Gold prices retreated Monday as the dollar showed strength against other major currencies.Other commodities, like oil and grain prices, faltered amid fears that a swine flu outbreak could threaten an economic recovery.A never-before-seen flu strain has now killed about 150 people in...

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Boeing CEO calls slump 'once-in-a-lifetime' event

April 27, 2009 11:31 am | by DAVE CARPENTER - AP Business Writer - Associated Press | News | Comments

CHICAGO (AP) — Boeing Co. Chairman and Chief Executive Jim McNerney assured shareholders Monday that the company is in strong shape to ride out the "once-in-a-lifetime" downturn that has walloped its profits, jetliner orders and stock price.Putting an upbeat spin on a slump that has hit both the...

Bair: bailout fund can handle stress test results

April 27, 2009 11:16 am | by J.W. ELPHINSTONE - AP Business Writers - Associated Press | News | Comments

NEW YORK (AP) — The head of the Federal Deposit Insurance Corp. on Monday linked the results of recent "stress tests" on the nation's 19 largest banks to the government's belief that it won't have to ask Congress for additional bailout funds in the immediate future.FDIC Chairman Sheila Bair said...

After error, Apple giving investors 'say on pay'

April 27, 2009 11:05 am | by The Associated Press | News | Comments

NEW YORK (AP) — Apple Inc. investors will get an advisory vote on executive compensation, the company said Monday, reversing an earlier announcement in which Apple said the "say on pay" proposal failed to get enough support at the most recent shareholder meeting.The iPhone and iPod maker said...

Drugmaker shares rise on swine-flu outbreak

April 27, 2009 10:19 am | by The Associated Press | News | Comments

NEW YORK (AP) — The swine flu outbreak boosted shares of makers of of flu treatments, vaccines and tests Monday.Though Wall Street remains concerned that swine flu could put a damper on any global economic recovery, several companies could benefit.Gilead Sciences Inc., Roche, GlaxoSmithKline and...

The top 25 US newspapers for Oct.-March period

April 27, 2009 9:54 am | by The Associated Press | News | Comments

The top 25 U.S. newspapers by average weekday and Sunday circulation from October through March. The percentage changes are from the year-ago period.1. USA Today — 2,113,725 weekday (down 7.5 percent); no Sunday edition.2. The Wall Street Journal — 2,082,189 weekday (up 0.6 percent); no Sunday...

Swine flu prompts EU warning on travel to US

April 27, 2009 9:23 am | by DANIEL WOOLLS - Associated Press Writer - Associated Press | News | Comments

MADRID (AP) — The top EU health official urged Europeans on Monday to postpone nonessential travel to parts of the United States and Mexico because of the swine flu virus.A young man in Spain and two people in Scotland have come down with swine flu following trips to Mexico, health officials said,...

News Corp. hires more MySpace executives

April 27, 2009 8:48 am | by The Associated Press | News | Comments

NEW YORK (AP) — News Corp. has hired two new executives at MySpace, expanding the online hangout's management team after having just replaced its CEO on Friday.Michael Jones, who's founded several online businesses, will serve as MySpace's chief operating officer. Jones, 39, replaces Amit Kapur,...

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