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Police investigating blaze at W. Pa. tire plant

July 28, 2011 9:50 am | by The Associated Press | News | Comments

Investigators searched a western Pennsylvania tire plant Thursday, a day after a reported explosion and fire in cold storage area of what a company official said is the oldest tire manufacturing plant in North America.The fire at Specialty Tires of America in Indiana, Pa., was reported about 5...

Earnings Preview: Humana to report 2Q results

July 28, 2011 9:50 am | by The Associated Press | News | Comments

Humana Inc. will look to maintain the momentum of its crucial Medicare Advantage business when the health insurer reports second-quarter earnings on Monday, coming just days after a major competitor said its expenses for the popular Medicare program climbed.WHAT TO WATCH FOR: Whether the...

Dismissal upheld in Ashland suit vs. Oppenheimer

July 28, 2011 8:50 am | by BRETT BARROUQUERE - Associated Press - Associated Press | News | Comments

A Kentucky-based chemical company cannot prove that its investment broker knew in advance that a securities market would collapse in early 2008, leaving the company with $194 million in investments that couldn't easily be sold, a federal appeals court ruled Thursday.A three-judge panel from the...

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Waste Management to buy Oakleaf for $425 million

July 28, 2011 8:50 am | by The Associated Press | News | Comments

Waste Management will buy the smaller garbage-collection company, Oakleaf Global Holdings, for $425 million, the company said Thursday, which will position the company better to do outsourcing jobs.Oakleaf, with $580 million in revenue last year, is about one-sixth the size of Waste...

Worker Dies in Accident at Thermon Building

July 28, 2011 8:50 am | by The Associated Press | News | Comments

One worker has been killed and another seriously hurt in an industrial accident at the construction of a new Thermon Manufacturing Co. building in Central Texas.

Arguments in Boeing-NLRB case at Seattle hearing

July 28, 2011 8:50 am | by The Associated Press | News | Comments

The Machinists Union says it's fighting a move by Boeing Co. to close portions of the Seattle hearing on the National Labor Relations Board's lawsuit against the company.The union says the arguments Thursday will be the first bit of courtroom action in the case that began two weeks ago at the...

2 men accused of attacking pilot at Miami airport

July 28, 2011 8:50 am | by JENNIFER KAY - Associated Press - Associated Press | News | Comments

A man punched an American Airlines pilot who kicked him off a flight from Miami, and he and his brother then attacked the pilot again before bystanders tackled the brothers in the terminal, officials said Thursday.Jonathan and Luis Baez, both of Las Piedras, Puerto Rico, were arrested at Miami...

BSkyB board backs James Murdoch as chairman

July 28, 2011 8:50 am | by JILL LAWLESS - Associated Press - Associated Press | News | Comments

A person with access to the decision-making process says the board of British Sky Broadcasting has unanimously backed James Murdoch to remain chairman of the broadcaster.The company's board met Thursday with Murdoch under mounting pressure over the phone hacking scandal in Britain.The person...

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Lilly, Amylin resubmit diabetes drug to FDA

July 28, 2011 8:50 am | by The Associated Press | News | Comments

Drugmakers Eli Lilly and Co. and Amylin Pharmaceuticals Inc. said Thursday they have resubmitted to the Food and Drug Administration their application for a longer-lasting version of the diabetes treatment Byetta, and they expect the review to take up to six months.The companies received...

For Some Indy Gas Stations, Just Fuel Won't Do

July 28, 2011 7:50 am | by Alex Nixona, Associated Press | News | Comments

A lot has changed in the retail gasoline industry that, for the most part, is connected in name only to large oil companies. Large oil companies quit the business of selling gasoline because "the margins in retail are very low and it's highly competitive," says one industry expert.

Ga. weighs dropping financial plan for nuke plant

July 28, 2011 7:50 am | by RAY HENRY - Associated Press - Associated Press | News | Comments

Utility regulators in Georgia are weighing an agreement to drop a financial risk-sharing plan that would cut Georgia Power's profits if the company exceeds its budget building a new nuclear power plant.The agreement between the Southern Co. subsidiary and the staff at the Public Service...

Hazelwood, Mo., could be site of hybrid van plant

July 28, 2011 7:50 am | by The Associated Press | News | Comments

The St. Louis area has lost thousands of auto manufacturing jobs in recent years, but may soon get some back.Hazelwood officials announced Wednesday that the city council approved a measure to provide $3 million through economic development sales tax to help a British company build a plant to...

Evacuations ended at Calif. train derail site

July 28, 2011 7:50 am | by The Associated Press | News | Comments

People living near the site of a freight train derailment in rural northern Los Angeles County were allowed back in their homes Thursday morning as crews continued righting 21 toppled cars.The evacuation order for 250 homes in the rural Antelope Valley desert area was lifted at about 1 a.m.,...

Judge opens inquiry into Britain's hacking scandal

July 28, 2011 7:50 am | by JILL LAWLESS - Associated Press - Associated Press | News | Comments

A senior judge on Thursday opened an inquiry into Britain's phone-hacking scandal that will start by looking at whether the country needs tougher media regulation, and will have the power to force witnesses to give evidence.Justice Brian Leveson said he has the legal power to demand statements...

Charity: Slain girl's mom targeted by tabloid PI

July 28, 2011 7:50 am | by The Associated Press | News | Comments

A charity associated with the mother of a slain British girl says she was targeted by a detective who worked for the News of the World tabloid.The charity, Phoenix Chief Advocates, says that Glenn Mulcaire, a detective employed by the now-defunct tabloid, had the details of Sara Payne in his...

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