Sophisticated new weather satellite rockets away, meant to track hurricanes and tornadoesCAPE CANAVERAL, Fla. — A sophisticated new weather satellite is on its way to orbit. North Korea threatens to shoot down Japanese planes in its airspace, accusing Tokyo of spyingSEOUL, South Korea — North Korea threatened Saturday to shoot down any Japanese planes that enter its airspace, accusing Tokyo of spying near one of its missile launch sites. Canadian cable operator Shaw reports 3 percent gain in 3Q profitDES MOINES, Iowa — Shaw Communications Inc. said profit grew 3 percent in the third quarter as it signed up new cable and telephone subscribers. UK regulator says BSkyB premium channels should be available to more platformsLONDON — British Sky Broadcasting’s premium sports and movie channels should be more broadly available through other television platforms, Britain’s communications regulator said Friday, adding that it may force a wholesale offer of the services. Stocks finish choppy day of trading mixed; major indexes post 1st weekly loss since early MayNEW YORK — Caution has once again overcome the stock market. Stocks struggle to hold on to early gains after days of selling; Tech stocks stay strongNEW YORK — Early gains in the stock market are giving way to caution about the economy. American engineers who developed e-mail, mobile telephone win prestigious Spanish prizeMADRID — Two American engineers who were instrumental in developing e-mail and mobile phones on Wednesday won one of Spain’s prestigious Prince of Asturias awards for revolutionizing the way people communicate. Best Buy, Nucor, Genzyme, Palm, Tyco Electronics are among big market movers TuesdayNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: Britain promises fast Internet access for all in bid to spark digital economy, boost jobsLONDON — About one-third of Britain’s population does not have access to the Internet at home — a startling statistic that prompted a government promise Tuesday to overhaul the country’s digital infrastructure. NY’s Sen. Schumer prods MTA on wireless Internet access on railsGARDEN CITY, N.Y. — Sen. Charles Schumer contends the commuter railroads serving New York City have been slow to implement wireless Internet service. BofA, Wendy’s/Arby’s, Boeing, Palm, Del Monte among big market movers ThursdayNEW YORK — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: USA Today eyes mobile platforms, plans new service for digital replicas of printNEW YORK — USA Today’s new publisher said Wednesday he hopes to expand the newspaper’s revenue from mobile phones and portable electronic reading devices, and pledged to fight The Wall Street Journal’s bid for readers in hotels. Wall Street’s Rattner a force in auto bailout negotiations, but probe clouds star turnNEW YORK — Steven Rattner had but one assignment when the president brought him to Washington in February. But it was a big one: Save the American auto industry. Don’t reach out and touch anyone: Japan to see if phones can help limit pandemicsTOKYO — A few months from now, a highly contagious disease will spread through a Japanese elementary school. The epidemic will start with several unwitting children, who will infect others as they attend classes and wander the halls. Sprint CEO says Palm Pre smart phone release is ‘coming out party’ for wireless carrierNEW YORK — No doubt bolstered by positive reviews, Sprint Nextel Corp. CEO Dan Hesse said Saturday’s release of Palm Inc.’s Pre smart phone represents a “coming out party” for Sprint as it seeks to reverse subscriber losses. Garmin will begin selling oft-delayed wireless phone nuvifone in AsiaOVERLAND PARK, Kan. — Navigational device maker Garmin Ltd. will start selling its oft-delayed wireless phone in Asia within the next month, Chief Operating Officer Cliff Pemble told shareholders Friday. AP News in BriefAP source: Obama prepared to accept Taliban role in Afghanistan, focusing on al-Qaida instead Egyptian clerics to launch new satellite channel promoting moderate IslamCAIRO — A group of Muslim clerics connected with Egypt’s prestigious Al-Azhar University have announced the creation of a new satellite channel to propagate moderate Islam and challenge what it describes as extremist distortions of the religion. Much rides on Palm’s new Pre smart phone, both for handset maker and wireless carrier SprintNEW YORK — When Palm Inc.’s and Sprint Nextel Corp.’s latest bundle of smart phone joy, the Pre, arrives Saturday, it will be entering an increasingly crowded market backed by parents that have a lot riding on its success. Verizon to sell rural phone lines in 14 states to Frontier for $5.3 billionNEW YORK — Verizon Communications Inc. said Wednesday it reached a deal to sell scattered phone service areas outside its main Northeastern and Californian territories for $5.3 billion in stock. From iPhone apps to games, 5 cheap tech items for summer car tripsNEW YORK — Dreading long car trips this summer? Here are five inexpensive things to can help keep the peace in the car and make the journey more interesting: Phone company Windstream buying Pennsylvania business for $159M in cash, stockLITTLE ROCK, Ark. — The phone company Windstream Corp. says it has agreed to buy D&E Communications for $159 million in stock and cash in a deal that will double the size of its business in Pennsylvania. Verizon shareholders to vote on executive pay, in early test of ’say on pay’NEW YORK — A movement to give shareholders influence over compensation awarded to company executives gets an early test Thursday as Verizon Communications Inc. becomes the latest to hold a “say on pay” vote. Report: SKorea detects ‘brisk’ activity at North Korean nuclear test siteSEOUL, South Korea — South Korean officials have detected “brisk” activity at a North Korean nuclear test site, a news report said Thursday, days after the communist country threatened to conduct nuclear and missile tests. North Korea vows to bolster nuclear arsenal, citing Obama administration’s ‘hostile’ policiesSEOUL, South Korea — North Korea has accused the Obama administration of hostility and is vowing to bolster its nuclear arsenal. Experimental missile defense satellite launched from Vandenberg Air Force BaseVANDENBERG AIR FORCE BASE, Calif. — Department of Defense officials say an experimental satellite for the U.S. missile defense program has been successfully launched. Sprint Nextel posts larger 1Q loss on slower sales but beats estimates and stock surgesKANSAS CITY, Mo. — Despite a widening net loss, Sprint Nextel Corp. finally got some good news in its long recovery Monday, as a big surge in “prepaid” customers offset another nightmarish drop in valuable subscribers who sign annual contracts. Sprint Nextel posts larger 1Q loss on slower sales, charge, still beats viewKANSAS CITY, Mo. — Sprint Nextel Corp., the nation’s third-largest wireless service provider, on Monday reported a larger first-quarter loss on declining revenue and a charge for job cuts announced in January. North Korea says President Barack Obama’s administration no different to George W. Bush’sSEOUL, South Korea — North Korea took a fresh swipe at President Barack Obama on Monday, saying his administration is no different from that of his predecessor, George W. Bush. Taiwanese tycoon challenges Buffett for investing in Chinese business rivalTAIPEI, Taiwan — A Taiwanese business tycoon has criticized U.S. investor Warren Buffett’s decision to invest in a Chinese battery and car maker allegedly involved in stealing trade secrets. |
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