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Ga. regulators to vote on nuclear plant spending

August 15, 2011 12:50 am | by The Associated Press | News | Comments

Utility regulators in Georgia plan to vote this week on whether to approve construction spending on a new nuclear power plant.Members of the Public Service Commission have been reviewing construction spending by Georgia Power while it readies to build two new reactors at Plant Vogtle near...

South Korea confident it can beat financial storm

August 14, 2011 10:50 pm | by KELLY OLSEN - AP Business Writer - Associated Press | News | Comments

When it comes to weathering economic storms, South Koreans can rightly claim more familiarity than most with the harrowing experience of seeing hard-won prosperity evaporate.Ever since the East Asian economic crisis spread to its shores in late 1997, government officials, media and ordinary...

Some Advocate Selling U.S. Treasurys for Japan

August 14, 2011 8:50 pm | by YURI KAGEYAMA - AP Business Writer - Associated Press | News | Comments

The idea that Japan would ever dump its $900 billion holdings of U.S. Treasurys, the second largest foreign ownership after China, has long been just that — an idea never seriously entertained.The long-standing argument paints a horrific picture of the consequences: The dollar would crash,...


Big, new pipelines on tap for Pa., Marcellus Shale

August 14, 2011 8:50 am | by MARC LEVY - Associated Press - Associated Press | News | Comments

Pennsylvania and the Marcellus Shale natural gas reservoir are emerging as a key focus of natural gas pipeline operators, as the increasing gas flow spurs projects to bring it to customers in the northeastern United States and possibly Canada.More than half of the interstate natural-gas...

Why the world is ready for 2 'Snow Whites'

August 14, 2011 4:50 am | by RYAN NAKASHIMA - Associated Press - Associated Press | News | Comments

Moviegoers may want to take two bites of the same apple next year: A pair of live-action adventure flicks based on Snow White will come out in theaters just months apart.As it stands, the first, still-unnamed Snow White movie is scheduled for release March 16. That gives moviegoers two and a...

Ind. residents oppose proposed copper wire plant

August 13, 2011 12:50 pm | by The Associated Press | News | Comments

Northeastern Indiana residents irritated for years by an aluminum smelting plant's emissions are now worried a proposed copper wire plant nearby will worsen the region's air quality.New Haven resident Don Markley says he and his neighbors have for years endured the health impacts of emissions...

Shell: North Sea Leak 'under control'

August 13, 2011 9:50 am | by The Associated Press | News | Comments

Royal Dutch Shell PLC says an oil leak from a flow line at one of its drilling platforms in the North Sea off the coast of Scotland is under control.The leak was first reported late Friday. The company says that oil leakage has been considerably reduced since the underwater well was shut in and...

Telecom Italia Sells Unit to U.S. Firm

August 13, 2011 8:50 am | by The Associated Press | News | Comments

Italian telecommunication company Telecom Italia SpA has agreed to sell its voice-technology unit Loquendo to American company Nuance Communications Inc.Telecom said Saturday that the sale has an enterprise value of euro53 million ($75.5 million). It is part of Telecom's reorganization and...


Rights groups uneasy over Cameron's riot crackdown

August 13, 2011 2:50 am | by DAVID STRINGER - Associated Press - Associated Press | News | Comments

Tossing rioters out of state-subsidized homes, unmasking young men who hide their faces behind hoods, demanding that phone networks shut off access to messaging services or social networks during unrest.Britain's government has pledged an iron-fisted response to the wide-scale looting and...

Lithia Motors to buy back shares

August 12, 2011 7:50 pm | by The Associated Press | News | Comments

Lithia Motors Inc. said Friday its board authorized it to buy back up to 2 million shares of the company's common stock.The auto retailer recently completed a 1 million share-repurchase authorization that had 416,776 shares remaining at June 30.The company has 26.9 million shares of common...

US skier tossed off team over NY plane urination

August 12, 2011 5:50 pm | by DAVID B. CARUSO - Associated Press - Associated Press | News | Comments

A teenage skier accused of getting drunk and then urinating in the cabin of a JetBlue flight was dismissed from the U.S. Ski Team's development squad.Robert "Sandy" Vietze, of Warren, Vt., was detained by police at John F. Kennedy International Airport on Wednesday morning after arriving on a...

F5 rises on William Blair upgrade to 'outperform'

August 12, 2011 2:50 pm | by The Associated Press | News | Comments

Shares of F5 Networks Inc. rose almost 8 percent Friday after an analyst upgraded the stock, saying it is "too inexpensive to pass up."THE UPGRADE: William Blair & Co. upgraded F5 Networks to "outperform" from "market perform."THE ANALYSIS: William Blair said F5, which provides information...

REC battle highlights unsettled Idaho power market

August 12, 2011 1:50 pm | by The Associated Press | News | Comments

Idaho's unsettled renewable energy landscape is again bedeviling regulators as a solar developer in Elmore County battles Idaho Power Co. over the lucrative renewable energy credits that accompany its 20-megawatt project.Idaho Power is a unit of IdaCorp Inc.Grand View PV Solar Two has lodged a...

Hewlett-Packard shares climb on Jefferies upgrade

August 12, 2011 1:50 pm | by The Associated Press | News | Comments

Hewlett-Packard Co. shares rose 4 percent Friday after an analyst upgraded the stock, saying the computer hardware maker has a compelling valuation.THE UPGRADE: Jefferies upgraded shares of HP to "buy" from "hold."THE MARKET TRENDS: The firm said that while disappointing back-to-school sales...

Honda to Build New Factory in Mexico

August 12, 2011 12:50 pm | by The Associated Press | News | Comments

Honda Motor Co. plans to build an $800 million factory in Mexico to make small cars for customers in North America, the company said Friday.The plant, near Celaya, Guanajuato, north of Mexico City, is expected to open in 2014 and will employ 3,200 workers from the region, Honda said in a...


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