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Aecom Technology gets $20M mine service contract

August 30, 2011 3:50 pm | by The Associated Press | News | Comments

Aecom Technology Corp., which handles construction management and other services for governments and corporations, said Tuesday it received $20 million contract for work on a mine in New South Wales, Australia.Aecom said it will provide engineering, procurement and construction management...

Ex-tech worker in Mass. pleads guilty in spy case

August 30, 2011 3:50 pm | by RODRIQUE NGOWI - Associated Press - Associated Press | News | Comments

A former employee of a Massachusetts company that helps websites deliver content to users pleaded guilty Tuesday to a charge of foreign economic espionage for providing trade secrets to an FBI agent posing as an Israeli intelligence officer.Elliot Doxer, 43, admitted at a plea hearing in...

Flir Systems gets Navy contract worth up to $52.1M

August 30, 2011 3:50 pm | by The Associated Press | News | Comments

Flir Systems Inc. said Tuesday it won a contract worth up to $52.1 million to provide digital, high-definition imaging systems for the U.S. Navy.The company said that under the three-year contract, the Navy ordered $25.6 million worth of equipment and support and has an option to buy another...

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Exxon gets stake in hunt for oil, gas in Argentina

August 30, 2011 3:50 pm | by The Associated Press | News | Comments

Canada's Americas Petrogas said Tuesday that it will use an Exxon Mobil Corp. subsidiary to explore for shale oil and gas in Argentina.Americas Petrogas said its Argentine subsidiary will use an Exxon Mobil exploration unit to explore holdings near Neuquen, Argentina. There have been recent...

United Airlines cutting back on Denver flights

August 30, 2011 3:50 pm | by The Associated Press | News | Comments

United Airlines, which merged with Continental Airlines in October, is cutting monthly flight schedules at Denver International Airport.However United spokeswoman Christen David said the airline remains committed to Denver as a hub, and airport Chief Financial Officer Patrick Heck said there's...

Louisville Ford UAW members vote to OK strike

August 30, 2011 3:50 pm | by The Associated Press | News | Comments

More than 98 percent of United Auto Workers at Ford Motor Co. in Louisville who voted have authorized a strike if their contract expires next month without a new deal being reached in Detroit.The local UAW said Tuesday night that 98.7 percent authorized a strike if no deal is reached by Sept....

Acxiom to repurchase up to $50 million in stock

August 30, 2011 2:50 pm | by The Associated Press | News | Comments

Acxiom Corp. says it plans to repurchase up to $50 million of its stock.The data services company headquartered in Little Rock announced a stock buyback program Tuesday. Acxiom says it will purchase up to that amount during the next year.Company CEO Scott Howe says in a statement that...

Northern Oil and gas names 2 board members

August 30, 2011 2:50 pm | by The Associated Press | News | Comments

Northern Oil and Gas Inc. on Tuesday said it made the changes to its board of directors to strengthen the board's independence and experience. As part of the changes, two new directors joined the board and the company's president Ryan Gilbertson, and another director resigned.While Gilbertson...

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Automakers bet consumers still want compact cars

August 30, 2011 2:50 pm | by TOM KRISHER - AP Auto Writer - Associated Press | News | Comments

Automakers are gearing up to make more compact cars this year. It's another bet on a part of the car market that has thrived this year as consumers fret about the economy but still want a new set of wheels.General Motors is adding Saturday shifts in the fourth quarter at an Ohio factory that...

2 W.Va. mines risk becoming pattern violators

August 30, 2011 1:50 pm | by The Associated Press | News | Comments

Two West Virginia coal mines have been warned they could be labeled pattern violators for failing to report accidents.The Mine Safety and Health Administration cited Inman Energy's Randolph Mine and Independence Coal Co.'s Justice No. 1 Mine. Both Boone County operations were owned by Massey...

Pfizer: New cancer pill gives hope, new strategy

August 30, 2011 1:50 pm | by LINDA A. JOHNSON - AP Business Writer - Associated Press | News | Comments

Pfizer Inc.'s just-approved drug Xalkori, the first new medicine in more than six years for deadly lung cancer, proves the value of precisely targeting rare diseases linked to gene variants, cancer specialists and Pfizer executives said Tuesday.The drug was approved Friday in the U.S. along...

MTV's Music Video Awards top broadcast entries

August 30, 2011 1:50 pm | by DAVID BAUDER - AP Television Writer - Associated Press | News | Comments

In a television rarity, the most popular show during the past week was on a cable channel and not a broadcast one.MTV's annual Video Music Awards on Sunday were seen by 12.44 million people, the Nielsen Co. said. That's MTV's biggest audience since at least 1993, the extent to which its...

Former Akamai worker pleads guilty to spy charge

August 30, 2011 1:50 pm | by RODRIQUE NGOWI - Associated Press - Associated Press | News | Comments

A man is pleading guilty to a charge of foreign economic espionage for passing trade secrets to an undercover FBI agent posing as an Israeli intelligence officer.Elliot Doxer admitted in federal court in Boston on Tuesday that he provided trade secrets for more than 18 months from website...

Automakers to boost compact car production

August 30, 2011 1:50 pm | by The Associated Press | News | Comments

Automakers are gearing up to make more compact cars this year, in a bet that one of the hottest car trends will continue in the face of economic uncertainty.They're expecting increased sales as consumers go for lower sticker prices and higher gas mileage to save money.Two people briefed on the...

Boeing Names Tim Peters to Lead Surveillance and Engagement Division

August 30, 2011 1:40 pm | by Boeing | News | Comments

Appointment supports company’s growth in airborne intelligence, surveillance and reconnaissance market KENT, Wash., Aug. 30, 2011 -- The Boeing Company [NYSE: BA] today named Tim Peters vice president and general manager of Surveillance and Engagement, a division of Boeing Defense, Space &...

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