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Ford to Expand Engine Plant in India

May 17, 2011 4:50 am | by The Associated Press | News | Comments

Ford Motor Co. says it will spend $72 million to expand an engine plant in India to support sales and export growth.The company said Tuesday the investment in its Chennai (CHe' nigh) engine plant will create more than 300 jobs. Ford plans to run the factory on three shifts per day.When the...

Avature, Cigna, General Motors, Navistar, and QVC Among Industry Leaders Leveraging Seven Step's Innovative Recruitment Process Outsourcing Services

May 17, 2011 4:50 am | by The Associated Press | News | Comments

Seven Step Recruiting (http://www.sevensteprpo.com/about/) , a leading provider of outsourced recruitment services (http://www.sevensteprpo.com/approach/) , has announced outstanding growth in the first quarter of 2011. The company increased revenue by 300 percent over the same quarter last...

SC Regulators Hold Hearing on Nuclear Request

May 17, 2011 4:50 am | by PAGE IVEY - Associated Press - Associated Press | News | Comments

South Carolina regulators heard testimony from the public Monday as they consider whether Duke Energy Corp. should continue to spend money to keep its nuclear options open.Members of the Public Service Commission adjourned the hearing to review a proposed settlement among the company,...

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Pfizer seeks US, Japan approval of cancer drug

May 17, 2011 4:50 am | by The Associated Press | News | Comments

Pfizer Inc. said Tuesday that the Food and Drug Administration accepted its application for the experimental lung cancer treatment crizotinib, one of its key drug candidates.Pfizer said it also filed for approval in Japan, meaning it is now seeking approval in the world's two largest...

Saudi Sabic, China's Sinopec team up on new plant

May 17, 2011 1:50 am | by The Associated Press | News | Comments

Petrochemical giant Saudi Basic Industries Corp. says it has signed a deal with China's Sinopec to build a polycarbonate plant with a capacity of 260,000 tons per year.Sabic said on Tuesday that the new facility, which will be built in Tianjin, China, is slated to be operational in 2015.Sabic,...

Customer satisfaction with AT & T, T-Mobile drops

May 16, 2011 8:50 pm | by PETER SVENSSON - AP Technology Writer - Associated Press | News | Comments

Sprint Nextel Corp., once dead last in customer satisfaction among the Big 4 national wireless carriers, now has the happiest subscribers, along with long-time leader Verizon Wireless, according to a survey released Tuesday.The American Customer Satisfaction Index also shows tentative declines...

Avista seeks rate hikes for gas, electric service

May 16, 2011 8:50 pm | by The Associated Press | News | Comments

The utility company Avista Corp. has announced that it is seeking rate hikes of 9.3 percent for electrical services and a 5.1 bump for natural gas to cover a host of capital improvements worth about $250 million.The Spokesman Review reports that the Washington Utilities and Transportation...

/ CORRECTION - Six Suppliers Earn 2011 Service Excellence Awards for Providing Superior Service to VHA Members

May 16, 2011 6:50 pm | by The Associated Press | News | Comments

In the news release, "Six Suppliers Earn 2011 Service Excellence Awards for Providing Superior Service to VHA Members," issued earlier today by VHA Inc., we are advised by the company that the beginning of the first sentence of the fifth paragraph should read "Medical Action Industries,...

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Leaked Memo Shows Hewlett-Packard CEO Jitters

May 16, 2011 6:50 pm | by JORDAN ROBERTSON - AP Technology Writer - Associated Press | News | Comments

A leaked memo from Hewlett-Packard Co. CEO Leo Apotheker warning of "another tough quarter" underscores the urgent concerns about the technology heavyweight's growth strategy and the challenges facing its new leader.Reports of the May 4 missive from Apotheker to his top executives surfaced late...

Boeing Awarded $962.5M Air Force Contract

May 16, 2011 5:50 pm | by The Associated Press | News | Comments

The Boeing Co. has received a $962.5 million contract to build five C-17 aircraft for the U.S. Air Force, the Defense Department said Monday.So far, $471.6 million has been set aside for the contract, the department said.Boeing shares slipped 47 cents to $77.30 in aftermarket trading. The...

The guerrilla roots of the Skype calling service

May 16, 2011 5:50 pm | by PETER SVENSSON - AP Technology Writer - Associated Press | News | Comments

In buying Skype, Microsoft is getting one of the rare companies that has turned its name into a verb, like Xerox or Google. "Let's Skype" is a phrase understandable, with slight translation, in much of the world.For most people, it means sitting in front of your computer to talk, often for...

Hemlock considering $3B expansion in Clarksville

May 16, 2011 5:50 pm | by ERIK SCHELZIG - Associated Press - Associated Press | News | Comments

Hemlock Semiconductor on Monday confirmed it is negotiating with Tennessee officials on an incentive package on a potential $3 billion expansion of its solar materials plant in Clarksville.The company issued its statement after a member of Gov. Bill Haslam's administration announced in a Senate...

Texas Instruments offers $3.5 billion in notes

May 16, 2011 4:50 pm | by The Associated Press | News | Comments

Texas Instruments Inc. on Monday announced an offering of $3.5 billion in senior unsecured notes to generate funds to help pay for the company's proposed acquisition of rival analog chip maker National Semiconductor Corp.Four series of notes make up the offering, including $500 million of 0.875...

Tenn. bonds could spur up to $3.5B Hemlock growth

May 16, 2011 4:50 pm | by ERIK SCHELZIG - Associated Press - Associated Press | News | Comments

Gov. Bill Haslam's annual spending proposal includes a $150 million bond issue seeking to open the way for a potential $3.5 billion expansion of the Hemlock Semiconductor plant in Clarksville.Budget Director Bill Bradley told a subcommittee of the Senate Finance Committee on Monday that the...

ASX Announcement: Board Changes and Corporate Update

May 16, 2011 4:50 pm | by The Associated Press | News | Comments

Earth Heat Resources Limited ('Earth Heat' or 'the Company') (ASX: EHR) continues its preparation to seek a North American listing. This listing will provide for greater investor recognition and access to funding to develop its international portfolio of geothermal assets.As a preparative...

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