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New antitrust relief for newspapers opposed

April 21, 2009 1:42 pm | by LAURIE KELLMAN - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — The Obama administration on Tuesday rejected new immunity from antitrust laws for teetering newspapers struggling to compete with Internet providers of news, entertainment and advertising.Newspapers, however rare and financially weak, can adapt and ultimately conquer the threat...

Governors seek salmon disaster declaration

April 21, 2009 1:42 pm | by JEFF BARNARD - AP Environmental Writer - Associated Press | News | Comments

GRANTS PASS, Ore. (AP) — The governors of Oregon and California are asking the federal government to declare another West Coast salmon fishery failure — the third in four years.Commercial salmon fishing has been closed off California and most of Oregon because of dangerously low returns of fall...

Chesapeake Energy CEO gets $112.5M pay in 2008

April 21, 2009 1:36 pm | by CHRIS KAHN - AP Energy Writer - Associated Press | News | Comments

NEW YORK (AP) — Aubrey McClendon, the CEO of Chesapeake Energy Corp. who was forced to sell almost all his equity holdings in the company in October to cover a margin loan call, was given a huge incentive award at the end of 2008 that boosted his total compensation for the year to $112.5 million,...

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Treasury prices fall as stocks advance

April 21, 2009 1:36 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Treasurys retreated Tuesday after investors regained some confidence about banks.Treasury Secretary Timothy Geithner said the "vast majority" of banks have sufficient capital. The stock market rose, luring investors out of safer assets such as government debt. Market participants...

Michigan may owe GM $116M in tax refunds

April 21, 2009 1:31 pm | by The Associated Press | News | Comments

LANSING, Mich. (AP) — General Motors Corp. may get tax refunds totaling $116 million after a judge ruled for the automaker in its dispute with the state.Ingham County Circuit Judge Rosemarie Aquilina on Friday declared unconstitutional a 2007 Michigan law that retroactively made GM pay use taxes on...

Exploiting On-Machine Probing

April 21, 2009 1:28 pm | by Renishaw | Renishaw Inc. | Articles | Comments

Alp Aviation, (Eskisehir, Turkey), uses on-machine probing capabilities aided by Reinshaw’s Productivity+ software to reduce production cycle times by 50 percent.  

Earnings Preview: RadioShack Corp.

April 21, 2009 1:21 pm | by ASHLEY M. HEHER - AP Retail Writer - Associated Press | News | Comments

CHICAGO (AP) — RadioShack Corp. reports its first-quarter results on Thursday. The following is a summary of key developments and analyst opinion related to the period.OVERVIEW: Consumer electronics chain RadioShack Corp. reported dismal results for its fourth quarter, when sales sank because of...

Bright Automotive unveils 100 mpg hybrid truck

April 21, 2009 1:21 pm | by The Associated Press | News | Comments

NEW YORK (AP) — It sounds like a bright idea.Anderson, Ind.-based startup Bright Automotive on Tuesday unveiled the IDEA, a 100-mpg plug-in hybrid electric van that it is looking to sell to fleet customers such as businesses and government agencies.The automaker's goal is to produce 50,000 vehicles...

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Meltdown 101: Banks earnings under the microscope

April 21, 2009 1:21 pm | by STEPHEN BERNARD - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — The stock market initially cheered better-than-expected earnings reports from major banks as signs that the beleaguered industry might be stabilizing. But investors got more skeptical this week after they had a closer look.Some banks posted one-time gains on the sale of investments...

Treasury completes $29.8B boost to AIG rescue

April 21, 2009 1:21 pm | by MARTIN CRUTSINGER - AP Economics Writer - Associated Press | News | Comments

WASHINGTON (AP) — The government has completed the transaction providing nearly $30 billion more in support to American International Group Inc., minus $165 million in bonus payments.The Treasury Department also announced Tuesday that it has added Bank of America Corp. and Countrywide Home Loans...

Celebrity Tweeting

April 21, 2009 1:13 pm | by Meaghan Ziemba, Associate Editor, PD&D | Blogs | Comments

I recently read a CNN article and viewed a CNN Larry King clip discussing Ashton Kutcher gaining 1 million followers on his Twitter account. Let’s stop the presses and make plans for celebration.  

Minimally Invasive

April 21, 2009 12:51 pm | Omega Engineering, Inc. | Product Releases | Comments

OMEGA  introduces the FW1000 series which are minimally invasive, low-cost segmented wedge flow sensors. 

Mexico oil output drops to 2.67 million barrels

April 21, 2009 12:41 pm | by The Associated Press | News | Comments

MEXICO CITY (AP) — Crude production at Mexico's state-owned oil company dropped by about 8 percent in the first quarter of 2009 compared to the same period the year before amid declining reserves, the company said Tuesday.Oil production in the first three months of this year averaged 2.67 million...

Yahoo's feeble 1Q triggers nearly 700 more layoffs

April 21, 2009 12:41 pm | by The Associated Press | News | Comments

SAN FRANCISCO (AP) — Yahoo Inc.'s first-quarter results tread familiar ground as the Internet company's financial erosion triggered another round of layoffs and management promised better days ahead.With its three-year slump worsening, Yahoo said Tuesday that it will lay off nearly 700 workers....

Tightening Force of 245 (25) N(kfg)

April 21, 2009 12:39 pm | All Metric Small Parts | Product Releases | Comments

  All Metric Small Parts (aMsp) introduces a new series of corrosion resistant pull-down latches designed for various types of boxes and transportation equipment.

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