Industrial Metal Supply Co. Expands Selection, Services With New Irvine Location

Bringing a unique shopping experience to Orange County consumers, Industrial Metal Supply Co. â a full-line metals service center â is launching a new walk-in center in Irvine, with an interior design and operational flow created specifically to accommodate small-purchase customers and to make the buying process a pleasant experience.

Vacant Factory Getting Much-Needed Makeover

Empty for 16 years, an old factory in New Haven is getting a new lease on life.

UK industrial output up 0.3pc

UK industrial output was up 0.3pc in July compared with the previous month. Manufacturing output also maintained a healthy pace of growth, rising 0.3pc.

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

AFP - A string of failures by BP and other companies led to the Gulf of Mexico oil disaster, the British energy giant concluded Wednesday as it sought to head off possible multi-billion-dollar US lawsuits.

Would you like 1 hump or 2 with your dinosaur? (AP)

AP - The weird world of dinosaurs has just gotten a tad more bizarre. Scientists found a nearly complete fossil of a new dinosaur that sports a noticeable hump, maybe as possible advertising.

Turtle egg rescue at space center billed success (AP)

AP - The turtle rescue effort at NASA's Kennedy Space Center is winding down.

S&P 500 rises 1 percent (Reuters)

Reuters - The Standard & Poor's 500 index rose more than 1 percent in afternoon trading on Wednesday, while the Dow and Nasdaq added to gains as worries about Europe's banking system decreased, easing risk aversion.

NIH to use BP cash to study oil spill health effects (Reuters)

Reuters - The U.S. National Institutes of Health said on Tuesday it would use $10 million from BP to start a multiyear study to look at the potential health effects from the oil spill in the Gulf of Mexico.

Oppenheimer downgrades H&R Block to 'Perform' (AP)

AP - Tax preparation company H&R Block has struggled for the last two tax seasons and faces uncertainty over the mortgages it still holds from its former lending operations, an Oppenheimer analyst said Wednesday.

Oil up to $75 as stocks rise, Europe worries ease (AP)

AP - Oil prices followed stocks higher on Wednesday, as worries about European debt problems eased and buyers returned to the market.

Goldman NY proprietary traders consider next move (Reuters)

Reuters - Members of Goldman Sachs Group Inc's New York Principal Strategies team are in talks with several groups, including KKR, Perella Weinberg and BlackRock Inc, to possibly join one of them, a source familiar with the matter said.

Spiral Galaxy Like Our Own Shines With Pink Clouds (SPACE.com)

SPACE.com - The wispy arms of a spiral galaxy similar to our own Milky Way can be seen in striking detail in a new image from the European Southern Observatory.

Water main break at space center stalls shuttle (AP)

AP - A water main break at NASA's spaceport has launch preparations on hold for the next-to-last shuttle flight.

Ireland to split Anglo Irish into good, bad banks (AP)

AP - Ireland plans to split its most troubled financial institution, Anglo Irish Bank, in two as part of wider efforts to reassure international lenders that the Irish are dealing with their debt crisis.

PETA says video shows cat, dog abuse at NC lab (AP)

AP - An animal-welfare group believes workers at a North Carolina research lab abused dogs, cats and rabbits, and the activists released what they said was undercover video of caretakers handling the animals violently.

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.

Obama pitches road spending and tax incentives (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.

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.

Tropical Storm Igor forms in the Atlantic (AP)

AP - Tropical Storm Igor has formed in the Atlantic Ocean off the coast of Africa near the Cape Verde Islands and has top sustained winds of near 40 mph (65 kph).

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.

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.

EU suspends WTO dumping sanction bid against US (AFP)

AFP - The European Union said Wednesday it had suspended a request at the World Trade Organization for the right to impose sanctions on Washington over a controversial US anti-dumping calculation.

Smithfield posts 1Q profit on higher pork prices (AP)

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

Summary Box: Mortgage lending falls 1.5 pct (AP)

AP - MORTGAGE APPLICATIONS SLIP: Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades, according to the Mortgage Bankers Association.

Economists further scale back U.S. growth outlook (Reuters)

Reuters - Stubbornly high unemployment and signs of persistent weakness in the housing market have prompted economists to further cut their outlook for U.S. growth in the second half of the year, a Reuters poll showed on Wednesday.

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.

How to Play It Safe With Muni Bonds (U.S. News & World Report)

U.S. News & World Report - Defaults in the municipal bond market can happen, as some investors recently discovered. Municipal bonds, which are generally some of the safest investments, are issued by states, municipalities, or counties, and are usually exempt from federal, state, and local taxes. Muni defaults--such as those on bonds issued this year in Jefferson County, Ala., and Harrisburg, Pa.--are not common, but in an era of budget cuts and lower revenues, it's important for investors to be aware of the risks. Here are a few general rules for muni investors to follow:

Tight inventories hurt Talbots sales (Reuters)

Reuters - Women's clothing retailer Talbots Inc posted lower-than-expected quarterly sales and its shares fell 11.6 percent as efforts to keep inventory lean and preserve margins left it short of items to sell.

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 ...

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

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.

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.

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.

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.

Japan's intervention hints fail to halt yen (Reuters)

Reuters - Japan's finance minister acknowledged currency intervention is an option for the first time since the yen's 14 percent rise since May, and a candidate to become prime minister sanctioned solo intervention as the yen jumped to a 15-year high versus the dollar.

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.

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.

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 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.