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AutoNation sales fall due to model shortages

June 2, 2011 5:50 am | by The Associated Press | News | Comments

Car dealership chain AutoNation Inc. said Thursday that its new vehicle sales fell 15 percent in May compared with the previous year, a far larger drop than overall U.S. sales for the month.AutoNation, the largest dealership chain in the U.S., said it saw a larger decline because 52 percent of...

US investigating Google claim of China hacking

June 2, 2011 5:50 am | by PAISLEY DODDS - Associated Press - Associated Press | News | Comments

Authorities in the United States are investigating a Google claim that hackers in China stole email details of senior U.S. government officials — an issue that illustrates the problem of attribution in cyberspace, the coordinator for cyber issues at the U.S. State Department said...

Bristol-Myers, Roche team up on melanoma drugs

June 2, 2011 4:50 am | by The Associated Press | News | Comments

Drugmakers Bristol-Myers Squibb Co. and Roche AG said Thursday they will team up to study a potential combination treatment for melanoma.The companies said they will conduct a clinical trial of a regimen that combines Bristol-Myers' drug Yervoy, which was approved in March, and Roche's drug...

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Boeing to keep Macon, Ga. workforce at about 500

June 2, 2011 3:50 am | by The Associated Press | News | Comments

A spokeswoman for the Boeing Co. says the aerospace company won't have to cut any jobs from its Macon plant this year after all.In January, the company said 70 jobs would be eliminated in Macon during 2011 from the C-17 line at its plant near the Middle Georgia Regional Airport, and another 20...

Egypt's Orascom Telecom to sell Namibian unit

June 2, 2011 3:50 am | by The Associated Press | News | Comments

Egypt's telecom giant Orascom Telecom says its fully owned subsidiary Telecel Globe has finalized a deal to sell its Namibian unit Powercom to Investec and Nedbank.A statement from Orascom on Thursday said the sale includes $60 million of Powercom liabilities. The total value of the deal was...

China says it's not behind Google email hacking

June 2, 2011 2:50 am | by The Associated Press | News | Comments

China denied it supports hacking activities and said it is part of global efforts to combat computer security threats Thursday, a day after Google disclosed some of its email users suffered hacking attacks that orginated within the country.Google disclosed Wednesday that personal Gmail accounts...

AP Exclusive: Czechs see future in uranium

June 2, 2011 2:50 am | by KAREL JANICEK - Associated Press - Associated Press | News | Comments

ROZNA MINE, Czech Republic (AP) — Deep beneath lush countryside, large pneumatic drills smash rock in search of uranium. An industry once associated here with forced labor, tragic deaths and terminal decline is staging a dramatic comeback.By year's end, the Czech government is hoping to approve a...

Sony PlayStation Network restored in US, Europe

June 2, 2011 12:50 am | by The Associated Press | News | Comments

Sony Corp. says it is restoring its PlayStation Network in the U.S., Europe and parts of Asia today after hackers stole customer data and sent services offline in April.The Tokyo-based company said in a statement Thursday that services will resume in the U.S., Europe and Asia, excluding Japan,...

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Samsung files LCD complaints against Taiwan's AU

June 1, 2011 10:50 pm | by The Associated Press | News | Comments

Samsung Electronics has launched legal actions against Taiwan's AU Optronics Corp. over alleged patent infringement in liquid crystal displays.Samsung said Thursday that it filed a complaint with the United States International Trade Commission against AU and its customers for allegedly...

Los Angeles Angels charter makes emergency landing

June 1, 2011 8:50 pm | by The Associated Press | News | Comments

A charter flight carrying members of the Los Angeles Angels has made an emergency landing at Los Angeles International Airport.Airport spokeswoman Katherine Alvarado says the Delta Air Lines Inc. plane had experienced some type of mechanical problem before it landed Wednesday shortly after 9...

Amgen announces layoffs in Boulder, Longmont

June 1, 2011 7:50 pm | by The Associated Press | News | Comments

Amgen has announced plans to eliminate 93 jobs in Longmont and 41 in Boulder, two of the biotechnology company's manufacturing sites in Colorado.Company spokeswoman Diana Sherman-Palmer tells the Longmont Times-Call that the cuts will be made across various departments, including manufacturing,...

Alibaba CEO: Yahoo knew of plan to divest pay unit

June 1, 2011 6:50 pm | by The Associated Press | News | Comments

RANCHO PALOS VERDES, California (AP) — The head of the Chinese Internet company that has become tangled in a boardroom battle with major stakeholder Yahoo Inc. said his decision to split off a key online payment service into a separate entity controlled only by Chinese citizens should not have come...

Economic development bills clear Del. House panel

June 1, 2011 4:50 pm | by The Associated Press | News | Comments

Legislation that builds on an expiring blue-collar jobs tax credit program while targeting Delaware businesses involved in clean energy technologies is headed to the House floor after receiving a favorable committee vote Wednesday.The Senate bill, which cleared the House Revenue and Finance...

Court orders American to list flights on Orbitz

June 1, 2011 4:50 pm | by The Associated Press | News | Comments

An Illinois court ordered American Airlines to post and sell flights on Orbitz again Wednesday, more than five months after the airline pulled its listings from the online travel agency's websites. The ruling sent Orbitz shares nearly 50 percent higher after hours.Orbitz's majority owner,...

Microsoft demos new Windows '8' for tablets, PCs

June 1, 2011 4:50 pm | by The Associated Press | News | Comments

RANCHO PALOS VERDES, Calif. (AP) — Microsoft Corp. demonstrated its new operating system at the D: All Things Digital conference on Wednesday, a full version of Windows that will operate on tablets and personal computers.For now, it's called "Windows 8." Executives said that as mobile devices have...

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