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Ralph Lauren to buy back up to $500M in shares

August 9, 2012 1:40 pm | by The Associated Press | News | Comments

Clothing and housewares maker Ralph Lauren Corp. said Thursday it will add $500 million in shares to its buyback program.That's in addition to the $277 million still available at the end of the first quarter of fiscal 2013 as part of a previously authorized share repurchase program for a total...

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News Summary: China's auto sales growth slows

August 9, 2012 1:40 pm | by The Associated Press | News | Comments

AUTO SALES GROWTH SLOWS: Growth in China's auto sales slowed in July, another signs of weakness in the world's second-largest economy. Auto sales spiked in 2009 and 2010 after Beijing responded to the global crisis by cutting taxes and offering subsidies. But growth has dropped since those...

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Teens' chronic stress is linked to time in poverty

August 9, 2012 12:52 pm | by Cornell University | News | Comments

A new study reports that chronic stress in adolescence is linked to how much childhood time was spent in poverty. Such stress sets the stage for a host of physical and mental problems.

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News Summary: GM CEO tries to trim bureaucracy

August 9, 2012 12:40 pm | by The Associated Press | News | Comments

THE SPEECH: Upbeat but showing signs of frustration, General Motors CEO Dan Akerson told employees Thursday that he's trying to change GM's antiquated culture by wiping out fiefdoms. He urged workers to fix problems on their own without being told, and said the company is making progress.THE...

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Consol conveyor system to be partially fixed soon

August 9, 2012 12:40 pm | by The Associated Press | News | Comments

Consol Energy Inc. said Thursday that it expects a conveyor system that collapsed late last month and halted production at two Pennsylvania mines to be back in operation at least partially in the next two weeks.Consol shares jumped almost 7 percent in afternoon trading.The coal company said...

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Cheaper, cleaner, more efficient catalyst for burning methane

August 9, 2012 12:06 pm | News | Comments

Researchers from the University of Pennsylvania, along with collaborators from Italy and Spain, have created a material that catalyzes the burning of methane 30 times better than currently available catalysts. The discovery offers a way to more completely exploit energy from methane, potentially reducing emissions of this greenhouse gas from vehicles that run on natural gas.

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Nokia to sell 500 patents to licensing firm Vringo

August 9, 2012 11:40 am | by The Associated Press | News | Comments

Vringo Inc., a company that specializes in suing companies for patent infringement, on Thursday said it had agreed to buy a collection of patents on wireless network technology from Nokia Corp. for $22 million in cash.New York-based Vringo is buying more than 500 patents and patent...

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GelTech Welcomes United States Representative Allen West

August 9, 2012 11:40 am | by The Associated Press | News | Comments

GelTech Solutions, Inc. (OTCBB: GLTC), creators of FireIce, a revolutionary water enhancing fire suppressant that has the potential to change current firefighting techniques globally, welcomed Allen West, US Representative to their corporate headquarters in Jupiter, Florida. During his visit,...

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Emergency communications technology progresses to field test

August 9, 2012 9:20 am | by Diane Stirling | News | Comments

New technology under development by Syracuse University, Virginia Tech, and the Rochester Institute of Technology is designed to help public emergency response communication devices remain in contact with each other even if cell towers and Internet networks go down during a natural or manmade disaster. The system, Intelligent Deployable Augmented Wireless Gateway (iDAWG), will soon be tested in the field.

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Stable charge-separated silver represents new materials class

August 9, 2012 9:16 am | News | Comments

Researchers at Argonne National Laboratory and in Switzerland have recently demonstrated the existence of long-lived charge-separated states in silver clusters. The stable charge-separated state, together with the fact that the clusters absorb light over a wide range of wavelengths, mean that the clusters represent a new and promising class of materials for solar energy applications.

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Energy storage system helps control fluctuation of renewable energies

August 9, 2012 9:11 am | News | Comments

At Karlsruhe Institute of Technology in Germany, several pilot plants of solar cells, small wind power plants, lithium-ion batteries, and power electronics are under construction to demonstrate how load peaks in the grid can be balanced and what regenerative power supply by an isolated network may look like in the future.

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Using years of cell evolution in the fight against cancer

August 9, 2012 8:47 am | News | Comments

As the medical community continues to make positive strides in personalized cancer therapy, scientists know some dead ends are unavoidable. Drugs that target specific genes in cancerous cells are effective, but not all proteins are targetable. In fact, it has been estimated that as few as 10% to 15% of human proteins are potentially targetable by drugs. For this reason, Georgia Institute of Technology researchers are focusing on ways to fight cancer...

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Arizona utility takes proposals for solar facility

August 9, 2012 8:40 am | by The Associated Press | News | Comments

Arizona's largest utility company is taking proposals from solar developers and installers for a 32-megawatt facility in Gila Bend.Arizona Public Service Co., a unit of Pinnacle West Capital Corp., says it will accept bids starting Aug. 22 and is encouraging developers to participate in an...

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Alaska gov expects pipeline milestones to be met

August 9, 2012 7:40 am | by The Associated Press | News | Comments

Alaska Gov. Sean Parnell says he expects the next benchmarks he set for progress on a major natural gas pipeline to be met.He says the companies are working hard to meet the milestones.There are two coming up.By the end of September, Parnell wants discussions to be complete on the potential...

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Postal Service reports $5.2B loss in 3rd quarter

August 9, 2012 7:40 am | by HOPE YEN - Associated Press - Associated Press | News | Comments

The nearly bankrupt U.S. Postal Service on Thursday reported a quarterly loss of $5.2 billion and warned it will miss another payment due to the Treasury, just one week after its first-ever default on a payment for future retiree health benefits.From April to June, losses were $2.1 billion more...

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