News Stories

AP sources: Fire may have erupted on UPS plane

San Diego Union Tribune Business - Tue, 09/07/2010 - 3:38pm
The fire that broke out in a UPS plane that crashed last week in Dubai, killing both pilots, appears to have begun in a cargo compartment, according to people familiar with the accident investigation.

David Westin leaving as president of ABC News, no successor named

Los Angeles Times Business - Tue, 09/07/2010 - 3:33pm
David Westin, the longtime president of ABC News who spent much of his tenure managing newsroom upheaval and most recently a round of brutal cuts, announced he is leaving the network at the end of the year.


Ind. panel's proposal would expand `net metering'

San Diego Union Tribune Business - Tue, 09/07/2010 - 3:30pm
A proposed expansion of Indiana's rules dictating which owners of wind turbines and other renewable power systems get credit for excess power they generate is drawing early support from clean energy advocates.

Rollins fires CEO's son after lawsuit over trusts

San Diego Union Tribune Business - Tue, 09/07/2010 - 3:28pm
Pest and termite control company Rollins Inc. said Tuesday it has fired the CEO's son, Glen Rollins, who was executive vice president of the company and president of subsidiaries including Orkin.

Semiconductor-equipment maker shares sink

San Diego Union Tribune Business - Tue, 09/07/2010 - 3:26pm
Shares of several companies that make semiconductor equipment dropped Tuesday after a Barclays Capital analyst lowered ratings and earnings estimates due to weaker global demand for chips.

Barclays, Oracle, Idenix are big movers

San Diego Union Tribune Business - Tue, 09/07/2010 - 3:20pm
Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

Flow International posts small 1Q loss

San Diego Union Tribune Business - Tue, 09/07/2010 - 3:15pm
Flow International Corp., a maker of industrial waterjet machines for cutting and cleaning, nearly washed away a first-quarter loss.

CF Industries finance chief to retire Sept. 20

San Diego Union Tribune Business - Tue, 09/07/2010 - 2:57pm
CF Industries Holdings Inc. on Tuesday said its chief financial officer will retire Sept. 20 but did not name a replacement.

Lawsuit seeks to halt searches of travelers' electronic devices

Los Angeles Times Business - Tue, 09/07/2010 - 2:57pm
NEW YORK — Civil rights lawyers sued the government Tuesday to stop authorities from snooping in the laptops, cellphones and cameras of international travelers without probable cause.


Entropic Communications adds 2 board members

San Diego Union Tribune Business - Tue, 09/07/2010 - 2:54pm
Semiconductor maker Entropic Communications Inc. on Tuesday named two new members to its board.

Exterran Holdings to sell shares in subsidiary

San Diego Union Tribune Business - Tue, 09/07/2010 - 2:47pm
Oil and gas industry services company Exterran Holdings Inc. said Tuesday that it is proposing to sell 4.6 million shares in its Exterran Partners LP subsidiary.

Craigslist urged to drop adult services worldwide

San Diego Union Tribune Business - Tue, 09/07/2010 - 2:46pm
Connecticut Attorney General Richard Blumenthal and national nonprofit organizations said Tuesday they want Craigslist to be "a model for good policy" and officially get rid of its adult services section globally.

Navistar gets $56 million order from UK military

San Diego Union Tribune Business - Tue, 09/07/2010 - 2:36pm
Navistar Defense has received a second delivery order for $56 million from the U.K. Ministry of Defence for an extra 89 MXT Husky vehicles.

NYC judge orders filmmaker deposed in Chevron case

San Diego Union Tribune Business - Tue, 09/07/2010 - 2:34pm
A judge ordered a documentary filmmaker Tuesday to face questions from Chevron lawyers to see if he can provide further inside information regarding a legal fight between Chevron and Ecuadoreans over oil contamination.

Bristol-Myers agrees to buy ZymoGenetics for $885M

San Diego Union Tribune Business - Tue, 09/07/2010 - 2:31pm
Bristol-Myers Squibb Co. said Tuesday it will acquire biotechnology partner ZymoGenetics Inc. for $885 million in another move by a major drugmaker to boost its pipeline by snapping up a smaller developer.

SDG&E's power shutoff plan dangerous, group says

San Diego Union Tribune Business - Tue, 09/07/2010 - 2:30pm
San Diego Gas & Electric's plan to shut power to back-country residents when winds top 56 mph is dangerous to people with disabilities and with electrical medical equipment, an advocacy group says.

Reid blames Bush, Wall Street for sick economy

San Diego Union Tribune Business - Tue, 09/07/2010 - 2:27pm
Senate Majority Leader Harry Reid knows who's to blame for the sickly economy. And it's not him.

Court: Judges can demand warrant for cell locales

San Diego Union Tribune Business - Tue, 09/07/2010 - 2:27pm
Judges have the right to require warrants before police get cell phone records that could suggest a customer's likely location, a U.S. appeals court ruled Tuesday in a novel electronic privacy case.

Advocates want Craigslist to drop adult services

San Diego Union Tribune Business - Tue, 09/07/2010 - 2:19pm
National organizations are demanding that Craigslist remove its adult services section from its websites outside the U.S. after the company stopped posting the section on its U.S. site.

Phillips-Van Heusen 2Q results top outlook

San Diego Union Tribune Business - Tue, 09/07/2010 - 2:14pm
Clothing maker Philips-Van Heusen Corp. on Tuesday posted a fiscal second-quarter loss as hefty costs linked to restructuring and the acquisition of the Tommy Hilfiger brand offset a surge in revenue. But adjusted results and the company's full-year outlook topped Wall Street expectations, sending shares up in aftermarket trading.