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Blast Reported At Iowa Ethanol Plant

July 18, 2014 11:04 am | News | Comments

The blast occurred Thursday night at the Flint Hills Resources plant in Arthur. Flint Hills spokesman Jake Reint says the explosion occurred in a grain dryer.                    

Australia Repeals 2-Year-Old Carbon Tax

July 18, 2014 9:57 am | by Kristen Gelineau, Associated Press | News | Comments

Australia's government repealed a much-maligned carbon tax on the nation's worst greenhouse gas polluters on Thursday, ending years of contention over a measure that became political poison for the lawmakers who imposed it.               

Edible Marijuana Products Recalled In Colorado

July 18, 2014 8:34 am | News | Comments

The products were recalled because of the "possible contamination from unsanitary equipment" and "use of equipment not intended for food manufacturing," according to the department's Public Health Inspections Division.             

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Bolivia Legalizes Child Labor From Age 10

July 18, 2014 8:28 am | by Paola Flores, Associated Press | News | Comments

While most of the world is trying to diminish child labor, Bolivia has become the first nation to legalize it from age 10. Congress approved the legislation early this month, and Vice President Alvaro Garcia signed it into law Thursday.       

HP CEO Whitman Takes Chairman Post

July 18, 2014 8:22 am | News | Comments

Whitman has been CEO since 2011. She took over from Leo Apotheker, who was CEO for less than a year before being forced out.                        

Feds Offer Advice After Deadly 2010 Blast

July 18, 2014 8:10 am | by Jonathan Mattise, Associated Press | News | Comments

A New Cumberland metal recycling plant lacked a safety system to collect combustible dust during a 2010 explosion that killed three people and injured another, according to federal investigators.             

Airbus Joining Virginia Applied Research Center

July 18, 2014 8:06 am | News | Comments

The center in Prince George County is a consortium of industry, academia and government. It focuses on manufacturing breakthroughs and advancements in applied research.                 

GM Has Replaced 491K Ignition Switches

July 18, 2014 7:59 am | News | Comments

General Motors says it has replaced faulty ignition switches on just under 20 percent of 2.6 million small cars that are being recalled.                      

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AbbVie, Shire Agree On $55B Deal

July 18, 2014 7:58 am | by Tom Murphy, AP Business Writer | News | Comments

AbbVie has reached a roughly $55 billion deal to combine with British counterpart Shire and become the latest U.S. company to seek an overseas haven from corporate income tax rates back home.                 

Federal Grant To Help Oshkosh Workers

July 18, 2014 7:55 am | News | Comments

The U.S. Department of Labor is providing nearly half a million dollars in assistance for the workers who were laid off by the defense arm of Oshkosh Corp. in recent months.                        

700 Protest Factory Closure In Myanmar

July 18, 2014 7:51 am | News | Comments

More than 700 workers protested Thursday in front of the South Korean Embassy in Myanmar to demand officials help them after a Korean-owned factory closed without paying their wages.                  

Holes In Tank Likely Factor In W.Va. Chemical Leak

July 17, 2014 3:25 pm | by Jonathan Mattise, Associated Press | News | Comments

Holes in a tank's floor and roof likely helped cause a January chemical spill that contaminated West Virginia's biggest drinking water supply for days, federal investigators said.               

Recall Hearing Targets GM Legal Staff

July 17, 2014 11:04 am | by Marcy Gordon, AP Business Writer | News | Comments

Lawmakers on Thursday demanded General Motors fire its chief lawyer and open its compensation plan to more potential victims as a Senate subcommittee delved deeper into deadly recalls.                

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Japanese Nuclear Plant Deemed Safe

July 17, 2014 10:57 am | by Mari Yamaguchi, Associated Press | News | Comments

A Japanese nuclear plant won preliminary approval for meeting stringent post-Fukushima safety requirements, clearing a major hurdle toward becoming the first to restart under the tighter rules.          

Chrysler Can Fix Recalled Jeeps Faster Than Expected

July 17, 2014 10:55 am | by Tom Krisher, AP Auto Writer | News | Comments

The development could end a spat between the automaker and the National Highway Traffic Safety Administration, which has accused Chrysler of moving too slowly to repair about 2.7 million SUVs in a recall announced more than a year ago.   

American Crane Completes The First Lift For Orion

July 17, 2014 10:33 am | by American Crane & Equipment Corporation | News | Comments

Early last month, American Crane’s 25 ton double girder clean room crane (with single failure-proof hoist) strategically lifted and placed Lockheed Martin’s Orion crew module atop their service module. This custom overhead crane is ...   

igus Offers Chainflex Guarantee Program

July 17, 2014 10:28 am | by igus | News | Comments

When it comes to cables, energy supply system specialist igus provides a guarantee program for continuous-flexing cables. In the newly dubbed “Chainflex Guarantee Program,” machine designers and manufacturers can ...       

Multi-Passage Soft-Seal Rotating Unions

July 17, 2014 10:20 am | by Deublin | News | Comments

A new product line of multi-passage soft-seal rotating unions is now available from Deublin Company. Rotating unions are components in a broad range of equipment applications that require connection between stationary supply lines, and ...

Fiat Denies VW Merger Talks

July 17, 2014 9:55 am | News | Comments

The report, which did not cite sources, said VW was interested in acquiring Chrysler to help it improve its struggling footing in the United States. Volkswagen has often expressed interest in Fiat's sporty brand Alfa Romeo.             

Microsoft To Cut Up To 18,000 Jobs

July 17, 2014 8:35 am | by Ryan Nakashima, AP Business Writer | News | Comments

Microsoft says it will eliminate up to 18,000 jobs over the next year as it works on integrating the Nokia devices business it bought in April.                      

Ghosn: Japan's Goal For Female Bosses Goal Too Ambitious

July 17, 2014 8:23 am | by Yuri Kageyama, AP Business Writer | News | Comments

Nissan's chief executive, who has long made a point of promoting women to management positions, said the Japanese prime minister's plan to boost female bosses to 30 percent by 2020 is too ambitious.                

Health Officials Say Food Label Changes Aren't Enough

July 17, 2014 8:15 am | by Mary Clare Jalonick and Lauran Neergaard, Associated Press | News | Comments

Nutrition facts labels on food packages list ingredients and nutrient levels, but they don't tell consumers outright if a food is good for them.                  

Obama Aims To Stop Corporate Overseas Tax Moves

July 17, 2014 8:06 am | by Tom Murphy, AP Business Writer | News | Comments

The Obama administration is urging Congress to act swiftly to curtail a growing trend in which U.S. corporations reorganize overseas with foreign entities in part to trim their tax bills back home.            

Pickup In China's Growth Reassuring But No Game Changer

July 17, 2014 8:03 am | News | Comments

A pickup in China's growth has fortified confidence the world's second-biggest economy is stabilizing as the past decade's explosive growth decelerates to the 7 percent range.                  

Volkswagen Surpasses GM In Global Auto Sales Race

July 17, 2014 7:51 am | News | Comments

Volkswagen bumped General Motors out of second place in the global auto sales race during the first half of the year, but Toyota is expected to stay in first place.                     

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