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Monster stock slips after investigation disclosure

August 10, 2012 9:40 am | by The Associated Press | Comments

Shares of Monster Beverage Corp. continued to slide Friday after the country's biggest energy drink maker disclosed that it was being investigated for its advertising practices.The Corona, Calif.-based company said in a filing with the U.S. Securities and Exchange Commission Thursday that it...

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FTC finalizes privacy settlement with Facebook

August 10, 2012 8:42 am | by The Associated Press | Comments

The federal government has finalized its settlement with Facebook to resolve charges that the social network exposed details about users' lives without getting the required legal consent.Facebook Inc. didn't admit wrongdoing, but agreed to submit to government audits of its privacy practices...

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US finalizes privacy settlement with Facebook

August 10, 2012 8:42 am | by The Associated Press | Comments

The U.S. government has finalized its settlement with Facebook to resolve charges that the social network exposed details about users' lives without getting the required legal consent.Facebook Inc. didn't admit wrongdoing, but agreed to submit to government audits of its privacy practices every...

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Pfizer says Torisel-Avastin failed in cancer study

August 10, 2012 8:42 am | by The Associated Press | Comments

Pfizer said Friday that its drug Torisel failed to help patients with a form of advanced kidney cancer when combined with Roche's drug Avastin.The study compared renal cell carcinoma patients taking the Torisel-Avastin combination to those taking Avastin plus another cancer drug.Patients taking...

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FDA OKS Lucentis for diabetes-related eye disorder

August 10, 2012 8:42 am | by The Associated Press | Comments

The Food and Drug Administration on Friday approved Roche's injectable eye drug Lucentis for a new use in treating a diabetes-related condition that can cause blindness.The agency cleared the drug for diabetic macular edema, a condition that causes swelling and blurred vision in patients with...

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Cheniere to start construction of La. gas plant

August 10, 2012 8:42 am | by The Associated Press | Comments

A Citi Research analyst has raised his share price target for Cheniere Energy Inc. and reiterated his "Buy" rating after the Houston company said it is starting construction on a natural gas export terminal.Analyst Faisel Khan on Friday raised his price target to $25 per share from $23 per...

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Grainger reports 11 percent increase in July sales

August 10, 2012 8:41 am | by The Associated Press | Comments

W.W. Grainger Inc., a supplier of power tools and other industrial equipment, says sales rose 11 percent in July as it benefited from higher prices, volumes and acquisitions.The Chicago company said Friday that about 5 percent of the sales growth came from acquisitions. Unfavorable exchange...

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Analyst: Union vote could aid AA-US Airways merger

August 10, 2012 8:40 am | by The Associated Press | Comments

Wolfe Trahan & Co. believes the vote by American Airlines pilots to reject the carrier's last contract offer could inadvertently make a tie-up between American and US Airways more likely.Analyst Hunter Keay said Friday that pilots could draw out contract negotiations with American, raising...

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Online accounts for Blizzard video games hacked

August 10, 2012 7:40 am | by The Associated Press | Comments

The maker of video games such as "Diablo" and "World of Warcraft" is warning players that hackers have gained unauthorized access to some online accounts.Blizzard Entertainment says it has no evidence that the intruders acquired credit card information, billing addresses or players' names.But...

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Autonomous robotic plane flies indoors

August 10, 2012 7:36 am | by Larry Hardesty, MIT News Office | Comments

The Robust Robotics Group at MIT that won the last Association for Unmanned Vehicle Systems International competition has set for itself an even tougher challenge: developing autonomous-control algorithms for the indoor flight of GPS-denied airplanes. Their work has produced an autonomous airplane that has completed a series of successful flight tests in a subterranean parking garage.

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Long-predicted fluctuations in cell membranes observed for first time

August 10, 2012 7:30 am | Comments

The question of just how a cell membrane—which is otherwise an impermeable barrier—allows certain proteins to penetrate it remains largely a mystery. But an answer may be closer after measurements taken at the NIST and France's Institut Laue-Langevin, where scientists have observed changes in the thickness of a model cell membrane for the first time.

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The power to heal at the tips of your fingers

August 10, 2012 7:27 am | Comments

A international research team has mimicked and recreated the intricate properties of human fingertips using semiconductor devices. The devices, shown to be capable of responding with high precision to the stresses and strains associated with touch and finger movement, may lead to the development of advanced surgical gloves.

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Scientist discovers plate tectonics on Mars

August 10, 2012 7:19 am | Comments

For years, many scientists had thought that plate tectonics existed nowhere in our solar system but on Earth. Now, a University of California, Los Angeles scientist has discovered that the geological phenomenon, which involves the movement of huge crustal plates beneath a planet's surface, also exists on Mars.

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Chesapeake Energy subject of antitrust probe

August 10, 2012 6:40 am | by The Associated Press | Comments

Chesapeake Energy Corp. says the federal government is investigating whether there were antitrust violations relating to its purchase of some oil and gas land in Michigan.The stock lost 3 percent in morning trading Friday.The Oklahoma City-based company said in a regulatory filing on Thursday...

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New technique yields information critical to biofuels research

August 10, 2012 5:42 am | Comments

Pioneering mass spectrometry methods developed at the U.S. Department of Energy's Ames Laboratory are helping plant biologists get their first glimpses of never-before-seen plant tissue structures. The new method opens up new realms of study, ones that might have long-ranging implications for biofuels research and crop genetics.

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