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Hawaii lawmakers ease way for Internet sales tax

May 8, 2009 7:27 am | by The Associated Press | News | Comments

HONOLULU (AP) — Legislation that would ease the way for implementation of the 4 percent general excise tax on all Internet purchases made from Hawaii is on its way to the governor.Currently, companies that sell merchandise over the Internet do not have to collect state sales or excise taxes on...

5.7” Touch Panel Computer with Intel XScale PXA270 312 MHz Processor

May 8, 2009 7:25 am | Product Releases | Comments

The Industrial Automation Group of Advantech (Cincinnati, OH) introduces a lower cost version of their current TPC-66T 5.7” QVGA TFT LCD touch panel computer

Boeing’s Orders Tumble In April

May 8, 2009 7:21 am | by Daniel Lovering, AP Manufacturing Writer | News | Comments

Boeing Co. on Thursday reported a sharp drop in orders for its passenger and cargo jets in April, as the troubled global economy continued to hurt demand from airlines and cargo services.

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Sonic Auto 1Q profit slumps, tops estimates

May 8, 2009 7:12 am | by The Associated Press | News | Comments

CHARLOTTE, N.C. (AP) — Automotive retailer Sonic Automotive Inc. said profit tumbled 87 percent in the first quarter as new and used car sales fell and the company took an expense for debt restructuring. But the results still beat analysts' expectations.The nation's third-largest automotive...

FairPoint's credit ratings downgraded

May 8, 2009 7:12 am | by CLARKE CANFIELD - Associated Press Writer - Associated Press | News | Comments

PORTLAND, Maine (AP) — FairPoint Communications' credit rating has been downgraded by three ratings agencies after the company revealed it's considering hiring a financial adviser to explore a possible restructuring of its debt.In a regulatory filing this week, North Carolina-based FairPoint said...

NFL Engineer: Don’t Pin This On Me

May 8, 2009 7:11 am | News | Comments

An engineer said he had limited involvement with the Dallas Cowboys' training facility that collapsed during a thunderstorm and left a team employee paralyzed.

Google CEO Doesn’t See Apple As Primary Competitor

May 8, 2009 7:04 am | by Michael Liedtke, AP Technology Writer | News | Comments

Google Chief Executive Eric Schmidt is taking a government inquiry into his role on Apple Inc.'s board in stride, expressing confidence that the probe won't find any evidence that the ties between the two companies throttle competition in mobile phones and other technology fields.

V-Twin Magnetic Field Sensor

May 8, 2009 6:50 am | Balluff, Inc. | Product Releases | Comments

Balluff has expanded its magnetic field sensor portfolio with the new V-Twin - two sensors, one connector. The low profile design allows the user to reduce installation time and cost by requiring only one four-conductor cable with either M8 or M12 connections for two end of stroke sensors

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NASA Running Out Of Fuel

May 8, 2009 6:32 am | by Seth Borenstein, AP Science Writer | News | Comments

NASA is running out of nuclear fuel needed for its deep space exploration.

IAM aims to win United Airlines mechanics, again

May 8, 2009 6:31 am | by JOSHUA FREED - AP Airlines Writer - Associated Press | News | Comments

MINNEAPOLIS (AP) — Mechanics at United Airlines are getting a chance to switch unions for the third time since 2003.The International Association of Machinists and Aerospace Workers said it began collecting cards on Friday from mechanics who want to switch. They are currently in the International...

Dow Chemical to offer debt securities to cut debt

May 8, 2009 6:26 am | by ERNEST SCHEYDER - AP Energy Writer - Associated Press | News | Comments

NEW YORK (AP) — Dow Chemical Co. announced a plan Friday to retire preferred shares used for its recent buyout of Rohm & Haas, a move that will save it millions in dividend payments.The Midland, Mich.-based company will offer about $6 billion in debt securities, some of which will be swapped with...

Group drops fight against Chrysler plan

May 8, 2009 6:26 am | by BREE FOWLER - AP Auto Writer - Associated Press | News | Comments

NEW YORK (AP) — The group of dissident Chrysler bond holders challenging Chrysler LLC's government-backed restructuring plans, said Friday that it is dropping its court fight.The dissolution of the group — at least on an official basis — clears away the largest obstacle standing in the way of...

SEC chief backs 'systemic risk council' idea

May 8, 2009 5:25 am | by MARCY GORDON - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — The head of the Securities and Exchange Commission said Friday she favors a new proposal for federal regulators sharing oversight of companies that pose financial risks to the economy.SEC Chairman Mary Schapiro said she's "inclined toward" the idea floated this week by the head of...

German state governor meets Fiat over Opel bid

May 8, 2009 5:25 am | by The Associated Press | News | Comments

FRANKFURT (AP) — Fiat CEO Sergio Marchionne is meeting with the governors of two key German states as part of his bid to take over General Motors' Opel subsidiary.Marchionne met Friday with Roland Koch, government of the German state of Hesse, where Opel is based.The Fiat boss was also headed for...

Step Toward Faster Chips Achieved

May 8, 2009 5:19 am | News | Comments

A team of scientists and engineers from Stanford, the University of Florida and Lawrence Livermore National Laboratory is the first to create one of two basic types of semiconductors using an exotic, new, one-atom-thick material called graphene. 

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