IT industry terms Ohio's outsourcing ban 'discriminative'

Indian IT industry today termed the Ohio state's bill to ban outsourcing of its IT projects discriminative and counter-productive to the US government thrust on reducing public deficit.

Kansas factory worker, 36, charged with murdering burned teen

GREAT BEND, Kan. — A 36-year-old factory worker who spent much of his adult life in prison was charged Tuesday with sexually assaulting and murdering a 14-year-old girl whose badly burned body was found behind gravel piles at the asphalt plant where he worked.

Jordanian industrial output falls 6.3% in July

BP takes share of blame for Gulf oil spill (AFP)

AFP - Failures by BP and other companies led to the Gulf of Mexico oil disaster, the energy group concluded on Wednesday as it sought to defend itself against possible multi-billion-dollar US lawsuits.

BP report blames itself, others for oil spill (AP)

AP - In an internal report released Wednesday, BP blames itself, other companies' workers and a complex series of failures for the massive Gulf of Mexico oil spill and the drilling rig explosion that preceded it.

BP blames contractors for oil spill (Reuters)

Reuters - BP attempted to place much of the blame for the rig blast that led to the United States' worst-ever oil spill on its contractors, Transocean and Halliburton.

2 panda cubs born in Spanish zoo (AP)

AP - Two newborn pandas are the latest additions to the Madrid Zoo.

Killer Apps: Will Small Business Mourn Death of the Web? (LiveScience.com)

LiveScience.com - Wired Editor-in-Chief Chris Anderson sees the move from browser-based consumption toward mobile apps as a sign that the days of the web's hegemony are numbered. The cover of the magazine's September issue says it all: "The Web is Dead."

Pharmaceutical Industry Insiders, VIPs All Coming Together for Future of Pharma Market, Pharmaceutical Competitive ...

PARSIPPANY, N.J., Sept. 8 /PRNewswire/ -- Today every major pharmaceutical industry executive searches for ways to succeed when looking toward the future of pharma. In an unprecedented move, they're all coming together in just a few weeks. All the big names in pharma. All in one place. That's the scene you'll find on September 21-22, 2010 at the Pharma CI Conference & Exhibition at the ...

Motor industry workers demand equality

Motor industry workers took to the streets on September 1 demanding equality in the work place and wage increases. Members of the National Union of Metalworkers of South Africa (Numsa) protested in Pretoria North’s business district insisting that their demands be met.

Industrial AS/AR Control enhances warehousing efficiency.

Targeting industrial equipment organizations, KardexRemstar Controls 3000 (C3000) provides features for transaction visualization, adjustable speed parameters, and restricted accessibility. Integrated features include 5.7 in. color display, graphical HMI, and numeric membrane keyboard. Storage location of items can be selected when used with proprietary AS/AR equipment, and operators can also ...

BP shifts U.S. oil spill blame onto contractors (Reuters)

Reuters - BP shifted much of the blame for a rig blast that led to the United States' worst-ever oil spill onto its contractors Transocean and Halliburton.

BP shares gain after Gulf report (AP)

AP - Shares in BP PLC tracked slightly higher after the release of an internal report on the disastrous oil spill in the Gulf of Mexico that deflects much of the blame onto rig owner Transocean Ltd. and contractor Halliburton Co.

Shoe factory shooting leaves 18 dead

SAN PEDRO SULA, Honduras, Sept. 8 (UPI) -- A shooting in a shoe factory in northern Honduras left 18 people dead and several others injured, police said. Honduras - San Pedro Sula - Central America - Police - Travel and Tourism

Obama pitches road spending, tax incentives in Ohio (Reuters)

Reuters - President Barack Obama will push billions of dollars in new business tax incentives and spending on big construction projects on Wednesday, as he tries to convince a balky Congress to pass measures intended to spur the economy and create jobs.

Smithfield reports 1st-quarter profit (AP)

AP - Smithfield Foods Inc. says higher selling prices for pork and improvement in hog market prices helped it return to a profit in its fiscal first-quarter.

Several sides to blame for Gulf of Mexico spill: BP (AFP)

AFP - Failures by several parties led to the Gulf of Mexico oil disaster, British energy group BP concluded in the results of an internal inquiry published on Wednesday, accepting some of the blame.

Stock futures track Europe stocks up (Reuters)

Reuters - Stock index futures rose on Wednesday tracking a turnaround in European stocks and ahead of comments from the Federal Reserve on the state of the economy.

China Industrial Waste Management to Present at the Rodman & Renshaw Annual Global Investment Conference

China Industrial Waste Management, Inc. , a leading environmental services and solutions provider in China, today announced it will present at the Rodman & Renshaw Annual Global Investment Conference taking place at the New York Palace Hotel in New York City from September 12-15, 2010.

Talbots profit tops estimates, but sales miss (Reuters)

Reuters - Women's clothing retailer Talbots Inc posted a higher-than-expected quarterly profit as tighter inventory management boosted its margins, but its shares fell as sales missed Wall Street forecasts.

Judge refuses to lift ban on government stem cell funds (Reuters)

Reuters - A U.S. judge refused on Tuesday to lift a ban on federal funding of human embryonic stem cell research despite Obama administration warnings it would set back key research and cost more than a thousand jobs.

HSBC faces thorny issues in hunt for new chairman (Reuters)

Reuters - For a bank that prides itself on smooth successions, HSBC is suddenly scrambling to pick its next chairman.

Big quake aftershocks plague New Zealand city (AP)

AP - A strong aftershock rocked terrified residents of New Zealand's earthquake-stricken city of Christchurch on Wednesday, as officials doubled their estimate for repairing the damage following nearly 300 temblors in five days.

Gunmen kill Iraqi TV journalist in Mosul (AP)

AP - Gunmen on Wednesday killed an Iraqi TV journalist, the second to be slain in Iraq in as many days, highlighting the dangers media workers continue to face in the country seven years after the U.S.-led invasion.

Jackson Hewitt loss narrower than expected (Reuters)

Reuters - No. 2 U.S. tax-preparer Jackson Hewitt Tax Service Inc posted a narrower-than-expected quarterly loss, as a drop in total expenses offset the decline in revenue.

Industry Ventures Announces Multiple Investment Team Promotions

Secondary Team Adds Industry Veteran Victor Hwang as Managing Director and Promotes Will Quist and Dan Stevens

German industrial output edges higher: ministry

German industrial output edged 0.1 percent higher in July from the June level, adjusted data showed on Wednesday after a sharp drop in orders suggested that the economy could be cooling down.

German Industrial Production Up 0.1% In July

Industrial ETFs Could Get Lift From Obama

President Obama is mulling a number of business-focused proposals that should boost popular industrial sector-related ETFs.

July industrial output growth seen up 7.7%

Industrial output growth probably picked up to 7.7 per cent in July from a year earlier, the median forecast of 21 economists showed. Annual growth had slowed in June to 7.1 per cent from 11.5 per cent in May.

Weeks of rains leave thousands homeless in Mexico (AP)

AP - Tens of thousands of people have abandoned their homes across southern Mexico to escape flooding from weeks of torrential rains, and forecasts are predicting even more rainfall.

Swisscom to delist troubled Italian unit Fastweb (AP)

AP - Swisscom AG announced Wednesday it will buy all outstanding shares in its Italian telecoms unit Fastweb SpA, which has been rocked by a money-laundering probe, for a total of euro256 million ($326 million).

German Industrial Production Rises Less Than Forecast

Industrial production in Germany, Europe’s largest economy, rose less than economists forecast in July, suggesting the recovery is losing momentum.

Meat industry must cut costs, says expert study

Northern Ireland's £1.5bn meat industry must work on cutting costs and boosting export opportunities over the next 10 years, according to a study. Related Stories Sports Direct scores £167m profit Food and drink show gets blooming better Banknote printer woes cost £35m Sales jump 10% at budget hotel chain Cultra Manor set for £3m revamp

The nation's weather (AP)

AP - Tropical Depression Hermine was expected to slowly weaken as it moved farther inland.

Foster's knocks back $2.5 billion offer for wine (Reuters)

Reuters - Foster's Group Ltd , Australia's largest brewer, rejected a private equity offer worth up to $2.5 billion for its wine business as too cheap, sending its shares up as much as 6 percent on hopes of higher bids.

Jordan Industrial Production Drops 6.3% in July as Manufacturing Declines

Jordanian industrial production fell 6.3 percent in July from a year earlier as manufacturing and electricity output declined.

Light bulb factory closes; End of era for U.S. means more jobs overseas

WINCHESTER, VA. - The last major GE factory making ordinary incandescent light bulbs in the United States is closing this month, marking a small, sad exit for a product and company that can trace their roots to Thomas Alva Edison's innovations in the 1870s. Light - Business - Business and Economy - China - Incandescent light bulb

2 Asteroids to Zoom Between Earth and the Moon's Orbit (SPACE.com)

SPACE.com - Two asteroids will zip close by the Earth Wednesday and may be visible in telescopes as they zip between our planet and the orbit of the moon.

LEGO MoonBot From New Jersey Wins Competition (SPACE.com)

SPACE.com - A team of eighth-grade students from New Jersey has won first place for its miniature lunar rover made entirely out of LEGO pieces.

Film industry hires cyber hitmen to take down internet pirates

The film industry is using pirate tactics to beat the pirates – by employing “cyber hitmen” to launch attacks that take out websites hosting illegal movies.

Factory workers massacred

MEN armed with assault rifles have burst into a shoe factory in Honduras and opened fire, killing at least 15 workers.

Industry funds moving on retirement products

More than 80 per cent of industry superannuation funds expect to have some sort retirement solution product in place within the next three years – and half of those expect the services to be delivered by the funds themselves.

US provides relief for floods in Guatemala (AFP)

AFP - The United States said Tuesday it has requested 50,000 dollars in emergency aid for flood-hit Guatemala and reprogrammed another 4.38 million dollars in economic aid for recovery efforts.

US judge denies request to lift stem cell funds ban (AFP)

AFP - A US federal judge denied Tuesday the White House's request to drop his decision to temporarily block federal funding for embryonic stem cell research pending an appeal of the decision.

Defense industry at risk from slowing demand

WASHINGTON, Sept. 7 (UPI) -- The United States defense industry, currently top of global rankings with a record $700 billion turnover in 2009, risks losing its pre-eminence due to slowing demand and growing competition from rivals in Asia and South America. United States - Asia - Defense industry - United Press International - South America

Microbes are eating BP oil without using up oxygen (AP)

AP - Government scientists studying the BP disaster are reporting the best possible outcome: Microbes are consuming the oil in the Gulf without depleting the oxygen in the water and creating "dead zones" where fish cannot survive.

Factory output seen at 10%

Annual growth in Chinese factory output will slow to 10% in the second half of this year, a government has said. Beijing's drive against property speculation will reduce demand for everything from steel and cement to furniture.

2 asteroids to whiz harmlessly past Earth (AP)

AP - NASA says two small asteroids discovered just days ago will zip harmlessly past Earth on Wednesday, a double flyby that should be visible through a telescope.

Gov't launches plan to help "underwater" borrowers (AP)

AP - The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.