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UK drug maker settles bad drug claim for over $40M

June 23, 2011 10:50 am | by The Associated Press | News | Comments

PROVIDENCE, Rhode Island (AP) — British drug maker GlaxoSmithKline PLC has agreed to pay more than $40 million to 37 states and Washington, D.C., to settle complaints that it made and sold adulterated drugs.The company and several states' attorneys general announced the settlement Thursday. The...

Boeing Delivers 777 Freighter to Etihad Crystal Cargo

June 23, 2011 10:40 am | by Boeing | News | Comments

These images are available for editorial use by news media.

Boeing Maintenance Program Honored by US Air Force

June 23, 2011 10:40 am | by Boeing | News | Comments

Fort Walton Beach recognized for C-130 electronic manual FORT WALTON BEACH, Fla., June 23, 2011 -- Boeing [NYSE: BA] today announced that the company’s Special Operations Forces program has been honored by the U.S. Air Force for outstanding support to the Air Force Technical Order community...

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This is Beatjazz

June 23, 2011 10:19 am | by TED Talks | Videos | Comments

Making music with two controllers, an iPhone and a mouthpiece, accelerators, and the entire entire body.

Obama to visit E. Iowa aluminum manufacturer

June 23, 2011 9:50 am | by The Associated Press | News | Comments

White House officials say President Barack Obama on Tuesday will tour a Bettendorf metal products manufacturer as part of his effort to address jobs and the economy.Company officials with Alcoa are confirming that Obama will visit a company factory that serves as the New York-based...

Government seeks $250,000 safety fine from AirTran

June 23, 2011 9:50 am | by The Associated Press | News | Comments

Federal regulators are seeking a $250,000 fine against AirTran Airways, saying the company failed to properly repair or test a key sensor on a plane that was struck by lightning.Regulators say AirTran operated the Boeing 737 on four flights while it failed to meet federal standards. The plane...

New cars struggle with quality

June 23, 2011 9:50 am | by The Associated Press | News | Comments

Cars that are redesigned or completely new for the 2011 model year had more quality problems, partly because of glitches in navigation systems and other dashboard technology.J.D. Power released its annual survey of new vehicle quality Thursday. Lexus, Honda and Acura were the top performers....

New US cars struggle with quality

June 23, 2011 9:50 am | by The Associated Press | News | Comments

Cars that are redesigned or completely new for the 2011 model year had more quality problems, partly because of glitches in navigation systems and other dashboard technology.J.D. Power released its annual survey of new vehicle quality Thursday. Lexus, Honda and Acura were the top performers....

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New car quality takes a hit due to technology

June 23, 2011 9:50 am | by DEE-ANN DURBIN - AP Auto Writer - Associated Press | News | Comments

Owners of cars that were new or redesigned for the 2011 model year are reporting more quality problems, partly because of glitches with the navigation screens, voice-activated systems and other technology packed into their dashboards.J.D. Power and Associates released its annual survey of new...

SinoTech to buy back up to $20 million in shares

June 23, 2011 9:50 am | by The Associated Press | News | Comments

Energy services company SinoTech Energy Limited will buy back up to $20 million of its outstanding shares.The Beijing-based company said Thursday its board of directors approved the share buyback program, which will run through Dec. 31. The company is authorized to buy back $20 million worth of its...

Samsung Plans to Release Results of Cancer Probe

June 23, 2011 9:45 am | by The Associated Press | News | Comments

Samsung says it will soon release the results of an independent probe into health and safety conditions at its South Korean semiconductor factories after employee illnesses and deaths raised fears of cancer risks.

Green Mountain parent makes offer for CVPS

June 23, 2011 8:50 am | by The Associated Press | News | Comments

The owner of Vermont's second largest electric utility made an offer Thursday to buy the Central Vermont Public Service Corp., the state's largest electric utility.Green Mountain Power said the offer by its parent company, Gaz Métro Limited Partnership, was an alternative to the merger...

Harbinger offering $150 million of senior notes

June 23, 2011 8:50 am | by The Associated Press | News | Comments

Harbinger Group Inc. is selling an additional $150 million of 10.625 percent senior secured notes due in 2015, the company said Thursday.The diversified conglomerate company, based in New York, said it will use the proceeds for ongoing expenses. The company's subsidiaries will use it for...

Tennessee plant where 4 died to resume production

June 23, 2011 7:50 am | by The Associated Press | News | Comments

A Gallatin, Tenn., Hoeganaes chemical plant where four workers have died in fires this year will resume partial production this week.Officials at the Hoeganaes plant did not specify which day and said production in other areas of the facility is expected to restart over the coming weeks after...

Oregon House advances tax credits overhaul

June 23, 2011 7:50 am | by JONATHAN J. COOPER - Associated Press - Associated Press | News | Comments

The Oregon House voted Wednesday to significantly scale back a tax credit that has been used to expand renewable energy in the state.Lawmakers voted to eliminate the Business Energy Tax Credit program and replace it with new schemes, shifting the focus to smaller, community-based renewable...

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