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Bernanke Says No 'Double Dip' Recession

June 8, 2010 7:27 am | by | News | Comments

Fed Reserve Chairman Ben Bernanke said he is hopeful the economy will gain traction, but economic growth...

Britain supports deepsea gas, oil, extended nuclear

June 8, 2010 7:27 am | by Reuters | News | Comments

LONDON (Reuters) - Britain will continue to allow deepsea oil activities, as well as push for more renewable energy and an extended lifespan for its existing nuclear power plants, Energy Minister Charles Hendry said on Tuesday.

Strike Continues To Hurt Hyundai Production

June 8, 2010 6:29 am | by | News | Comments

As workers continue to strike at automaker's Indian plant, Hyundai says each halted day of production costs the company more than 2,000 cars worth $13.8 million.


Bombardier Gets Air Worthiness Certificate For Germany

June 8, 2010 6:29 am | by | News | Comments

Company said it received a certificate of air worthiness from Transport Canada for the first of four Global 5000 jets to be operated by the German defense ministry.

Alcan Plant Workers In W. Va. To Vote On Contract

June 8, 2010 6:29 am | by | News | Comments

Union workers at the Alcan Rolled Products plant in Ravenswood will vote later this week on the company's latest contract offer.

Mexico's Pemex Files Suit Against U.S. Companies

June 8, 2010 6:29 am | by | News | Comments

Oil company filed lawsuit against five companies, including U.S. subsidiary of German chemical maker BASF, for allegedly buying stolen Mexican petroleum products.

Analysts Not Surprised By iPhone 4

June 8, 2010 6:29 am | by | News | Comments

Several analysts already expected to see some of the new iPhone's capabilities, such as a camera on the front of the smartphone, video conferencing and longer battery life.

BP Designing Better Cap, Preparing for Hurricanes

June 8, 2010 6:15 am | by HARRY R. WEBER & RAY HENRY,Associated Press Writers | News | Comments

BP said it plans to replace the containmnet cap — perhaps later this month or early next month — with a slightly bigger one that will provide a tighter fit and thus collect more oil.


Canisters Caught by Fishing Boat Could Contain Mustard Gas

June 8, 2010 6:03 am | News | Comments

The U.S. Coast Guard said ESS Pursuit caught 10 canisters in its nets Sunday about 45 miles south of Long Island but dumped them back into the ocean when one crew member began developing blisters.  

Slaughterhouse Manager Acquitted in Child Labor Case

June 8, 2010 5:42 am | News | Comments

Jury foreman Quentin Hart said he and the other the panelists tended to distrust the accounts of the alleged child laborers because they testified to lying about their ages to law enforcement officials and presented false documents.

Mexico's Pemex Sues U.S. Companies over Stolen Chemicals

June 8, 2010 5:33 am | by E. EDUARDO CASTILLO, Associated Press Writer | News | Comments

Pemex said the companies — including the U.S. subsidiary of BASF — have encouraged the theft of Mexican natural gas condensate by actively participating in the smuggling of stolen petroleum products for use in Texas.

LDK Solar confident on Germany, keen to buy

June 8, 2010 5:27 am | by Reuters | News | Comments

MUNICH (Reuters) - Chinese solar wafer maker LDK Solar forecast continued strong growth next year in Germany despite planned cuts in subsidies there said it was open to acquisitions to boost its rapidly growing business.

Norway freezes drilling in new deepwater blocks

June 8, 2010 5:26 am | by Reuters | News | Comments

OSLO (Reuters) - Norway will not open new deep-water areas for drilling until an investigation sheds light on BP's well blowout and massive oil spill in the Gulf of Mexico, Oil and Energy Minister Terje Riis-Johansen said on Tuesday.

Commercial GM wheat 10 years away: report

June 8, 2010 4:29 am | by Reuters | News | Comments

LONDON (Reuters) - Australia needs to focus on wheat breeding technologies including genetically modified wheat, Peter Reading, managing director of Australia's Grains Research and Development Corporation (GRDC) said on Tuesday.

Researchers Capture First Images Of Sub-nano Pore Structures

June 8, 2010 4:26 am | by EurekAlert | News | Comments

( Cornell University ) Moore's law marches on: In the quest for faster and cheaper computers, scientists have imaged pore structures in insulation material at sub-nanometer scale for the first time. Understanding these structures could substantially enhance computer performance and...


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