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Dura-Shape Option

April 23, 2009 9:24 am | Rogers Corp. | Product Releases | Comments

Rogers Corporation (Rogers, CT) has achieved another technical first with its product line of PORON urethanes. The Dura-Shape option is a layer of polyester sealed between two layers of PORON foam which will help fabricators produce highly accurate gaskets. Features include:  

Clorox sues SC Johnson over hiring away top exec

April 23, 2009 9:18 am | by DINESH RAMDE - AP Business Writer - Associated Press | News | Comments

MILWAUKEE (AP) — The Clorox Co. is suing Racine-based S.C. Johnson & Son Inc. over its hiring of a top Clorox executive.Clorox says Timothy Bailey — who resigned April 14 and received a "very attractive package" from SC Johnson, according to the complaint Clorox filed Tuesday in federal court — has...

New York Times chairman weighs in on Boston Globe

April 23, 2009 9:08 am | by The Associated Press | News | Comments

NEW YORK (AP) — Weighing in for the first time on the future of The Boston Globe, New York Times Co. Chairman Arthur Sulzberger Jr. said Thursday he hopes to cut the newspaper's expenses enough to avoid having to shut it down."We hope to place this great newspaper on a path to sustainability,"...

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Ford VP expects same concessions as GM, Chrysler

April 23, 2009 8:58 am | by The Associated Press | News | Comments

EAST LANSING, Mich. (AP) — A Ford Motor Co. executive says the automaker expects to get the same deal as General Motors Corp. and Chrysler LLC if unions give more concessions to its rivals.Ford Vice President of Labor Affairs Marty Mulloy told reporters Thursday that "our expectation is we would...

Congress concerned about privacy over cable TV ads

April 23, 2009 8:58 am | by The Associated Press | News | Comments

Congress put cable TV operators on notice that it will scrutinize their plans to roll out targeted advertising to viewers, questioning whether they will use set-top boxes sitting in millions of homes to monitor and store what people watch.As part of a broader discussion Thursday over Internet...

Lawmakers want banks to report on bailout use

April 23, 2009 8:43 am | by JIM KUHNHENN - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — Lawmakers pressed the Obama administration on Thursday to better track how financial institutions are using the government's financial bailout money, a step the Treasury Department has resisted despite demands from a federal watchdog agency."On a basic level, it's absolutely...

Slot maker IGT reports 44 percent drop in income

April 23, 2009 8:27 am | by SANDRA CHEREB - Associated Press Writer - Associated Press | News | Comments

RENO, Nev. (AP) — International Game Technology reported Thursday that its second-quarter earnings plunged 44 percent, and company executives cut their forecast for the fiscal year, as the global economic recession takes a continuing toll on the gambling industry.For the three-month period that...

Earnings Preview: Lorillard Inc.

April 23, 2009 8:22 am | by MICHAEL FELBERBAUM - AP Business Writer - Associated Press | News | Comments

RICHMOND, Va. (AP) — Lorillard Inc. reports first-quarter results on Monday. The following is a summary of key developments and analyst opinion related to the period.OVERVIEW: The maker of Newport cigarettes, based in Greensboro, N.C., reported in February that it held roughly 9.86 percent of the...

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Delphi gets more time to submit plan

April 23, 2009 8:07 am | by The Associated Press | News | Comments

NEW YORK (AP) — Delphi now has more time to come up with a plan to restructure itself without its lenders taking actions that could force the struggling auto supplier into liquidation.U.S. Bankruptcy Judge Robert Drain on Thursday approved a motion extending the deadline for Troy, Mich.-based...

BofA's Lewis: Feds urged Merrill purchase

April 23, 2009 7:56 am | by IEVA M. AUGSTUMS - AP Business Writer - Associated Press | News | Comments

CHARLOTTE, N.C. (AP) — New York's attorney general said Thursday top government officials pressured Bank of America Corp. CEO Ken Lewis to complete the bank's purchase of Merrill Lynch, threatening his job security.Lewis also testified that he had been advised by the officials, former Treasury...

Freddie Mac executive faced pressure post-takeover

April 23, 2009 7:56 am | by The Associated Press | News | Comments

McLEAN, Va. (AP) — By last fall, the heady days for mortgage giant Freddie Mac were over, and what was left for executives like David Kellermann were stressful days and long nights of picking up the pieces under the sharp scrutiny of regulators.After taking the role of acting chief financial...

German parliament to probe HRE rescue

April 23, 2009 7:36 am | by The Associated Press | News | Comments

BERLIN (AP) — Germany's lower house of Parliament on Thursday established a committee to investigate whether the government bungled attempts to shore up troubled lender Hypo Real Estate before moving to nationalize it.The opposition Free Democrats, Greens and Left party members banded together to...

Best Job Ever: Facebook Engineer

April 23, 2009 7:29 am | Videos | Comments

Bobby Johnson, Director of Engineering at Facebook explains why he his job coding for the networking site.  

Facebook users' vote ending way short of threshold

April 23, 2009 7:11 am | by BARBARA ORTUTAY - AP Technology Writer - Associated Press | News | Comments

NEW YORK (AP) — Facebook invited the 200 million people who regularly use the site to vote on its governing documents. But it's unclear how much of a difference it will make.Facebook launched the vote after concerns erupted about who controls users' personal information. The site gave its members...

Confidence During Crisis

April 23, 2009 7:10 am | Videos | Comments

At Hanover Fair 2009, PhoenixContact demonstrates their latest products: connectors, firewall routers and thermal magnetic circuit breakers.  

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