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Worldcolor narrows net loss in Q1 to US$29M from $126M

May 10, 2010 5:30 am | by The Associated Press | Comments

Commercial printer Worldcolor (TSX:WC) has narrowed its net loss to US$29 million in the first quarter from $126 million last year, when the former Quebecor World was restructuring under bankruptcy protection.The company reported Monday its three-month revenues fell to $692 million from $752...

Best Buy spent $340,000 lobbying in 2nd quarter

May 10, 2010 4:30 am | by The Associated Press | Comments

Electronics retailer Best Buy Co. spent $340,000 in the first quarter to lobby the federal government on labor and other issues, according to a disclosure report.That's double the $170,000 that Best Buy spent in last year's first quarter, and up 70 percent from the $200,000 it spent in the...

A leaner business helps Sony narrow annual loss

May 10, 2010 2:30 am | by The Associated Press | Comments

Sony Corp. said Monday it likely booked a much narrower loss last year thanks to cost cuts and better electronics sales.Sony expects to post a net loss of 41 billion yen ($440 million) when it reports earnings Thursday for the fiscal year ended March 31. The result represents a big improvement...

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Logo Designed for MAGICSTRAP RFID Tags

May 9, 2010 5:22 pm | by Murata Manufacturing | Comments

Murata Manufacturing Co., Ltd. has designed a logo for the IC-embedded module “MAGICSTRAP®” for RFID* tags. We aim to promote the MAGICSTRAP® brand through the active use of this logo in the future.

Murata Introduces New Tighter Tolerance Version of its NCP Series of Chip NTC Thermistors

May 9, 2010 5:21 pm | by Murata Manufacturing | Comments

Murata Manufacturing Co., Ltd. announces an ultra-high precision version of its NCP Series This new model features precision chip both a resistance tolerance and B-constant* tolerance of less than ±1%, making it the world’s first ultra-high precision chip thermistor. These...

Terra Nova Financial Denies Report

May 9, 2010 2:30 pm | by The Associated Press | Comments

Terra Nova Financial Group, Inc. (OTCBB: TNFG), the parent company of Terra Nova Financial, LLC, a self clearing brokerage firm, today strongly refuted an unfounded report published in TheStreet.com that suggested the unusual trading activity on May 6, 2010 in Procter & Gamble ("PG") originated...

How an unfixed Net glitch could strand you offline

May 8, 2010 7:30 am | by PETER SVENSSON - AP Technology Writer - Associated Press | Comments

In 1998, a hacker told Congress that he could bring down the Internet in 30 minutes by exploiting a certain flaw that sometimes caused online outages by misdirecting data. In 2003, the Bush administration concluded that fixing this flaw was in the nation's "vital interest."Fast forward to 2010,...

Ironmaking at the National Museum of Science and Technology in Stockholm

May 8, 2010 5:22 am | by Curious Cat Science and Engineering Blog | Comments

Joakim Storck discusses pre–industrial Swedish and Japanese techniques for iron and sword making from a museum demonstration at Tekniska museet. Ironmaking at the National museum of science and technology, Stockholm 2005 Bricklaying is a messy story. The mortar consists of clay, sand and...

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Idaho teen kicking out own karate app for iPad

May 8, 2010 12:30 am | by JOE ESTRELLAAssociated Press | Comments

Cody Brown won't be pounding the pavement to find a job this summer like other Treasure Valley high school students.Instead, the Kuna High sophomore honor student — a self-taught computer programmer who is already marketing an Apple iPhone application on the work of French astronomer Charles...

Former mayor Nagin faces state ethics charges

May 7, 2010 4:30 pm | by MELINDA DESLATTE - Associated Press Writer - Associated Press | Comments

The Louisiana Board of Ethics has charged former New Orleans Mayor Ray Nagin with two possible violations, for receiving gifts from a one-time city vendor and for his involvement with a company that was negotiating tax breaks with the city.Copies of the charges, which were sent to Nagin through...

DirecTV CEO: Lead in 3-D TV is competitive edge

May 7, 2010 2:30 pm | by DEBORAH YAO - AP Business Writer - Associated Press | Comments

In the race for supremacy in 3-D television, DirecTV Inc. wants to be king.DirecTV's exclusive NFL Sunday Ticket package of out-of-market football games has been a hit. Now the company has eyes on creating what it hopes to be its next competitive edge: extensive 3-D programming including...

Borders begins taking orders for e-book reader

May 7, 2010 12:30 pm | by MAE ANDERSON - AP Retail Writer - Associated Press | Comments

Borders Group Inc. has begun taking orders for the Kobo electronic book reader and pushing it at a lower price than competing devices.Borders also said Friday that its e-bookstore and software will be available beginning in June.The Kobo e-reader device will retail for $149.99 and come...

Economics : OECD Forum and Ministerial meeting to focus on innovation, growth

May 7, 2010 12:28 pm | by OECD | Comments

New OECD forecasts for economic growth and strategies to boost innovation will be at the heart of discussions at the OECD’s annual Forum and Ministerial meeting in Paris on 26-28 May 2010. The OECD’s latest Economic Outlook will be released by OECD Secretary-General Angel Gurría with...

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Nokia-Apple Patent Fight Intensifies

May 7, 2010 12:26 pm | by Wall Street Journal | Comments

Nokia has sued Apple again, alleging the iPhone and new iPad 3G violate its patents. Meanwhile, Apple said the iPad will begin selling in Japan and Europe on May 28.

Earnings schedule for week of 5/10/2010

May 7, 2010 11:30 am | by The Associated Press | Comments

Major companies tentatively scheduled to report quarterly earnings next week:MondayENGLEWOOD, Colo. — Dish Network Corp. releases quarterly financial results.WASHINGTON — Fannie Mae releases quarterly financial results.LOS ANGELES — Live Nation Entertainment Inc. releases quarterly financial...

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