Feds: Drilling moratorium depends on industry (AP)

AP - A key U.S. government official said Friday the moratorium on deepwater oil drilling likely won't be extended past Nov. 30, but whether it is cut short will be entirely up to the industry.

U.S. resumes funding controversial stem cell research (Reuters)

Reuters - The U.S. government said it was resuming work on controversial human embryonic stem cell research on Friday after an appeals court ruled in its favor.

Moonstruck: A September Showcase for Lunar Lovers (SPACE.com)

SPACE.com - To the ancient Greeks the moon was an object of reverent admiration, but even today Earth's nearest neighbors pulls on the heartstrings of skywatchers.

Renault, Peugeot Citroen reimburse $2.5B to state (AP)

AP - Carmakers Renault and PSA Peugeot Citroen said Friday they are reimbursing ahead of schedule euro1 billion ($1.27 billion) each in loans that were part of the French state bailout of the auto industry.

Deutsche Bank set to lead likely Basel cash call charge (Reuters)

Reuters - Deutsche Bank is set to lead rivals raising billions of euros as new global capital rules to be unveiled this weekend bite, and showed it may be good to get the jump on the pack.

UK TV Industry Body Lodges Complaint Over Project Canvas

Earnings schedule for week of 9/13/2010 (AP)

AP - Major companies tentatively scheduled to report quarterly earnings next week:

NIH to resume funding stem cell research for now (AP)

AP - The government said Friday it's back in the business of funding embryonic stem cell research — at least for now — after an appeals court temporarily lifted a judge's ban.

Nevada mining industry prepays $123 million in taxes

ELKO -- The Nevada mining industry's net proceeds tax payments have soared to about $123 million for 2010, up from $97.5 million in 2009 and $91.8 million in 2008.

Enbridge keeps U.S.-bound pipeline shut after leak (Reuters)

Reuters - A key oil pipeline supplying Canadian crude to the United States, Enbridge Inc's 670,000-barrel-per-day Line 6A, remained shut on Friday after the line leaked in Illinois on Thursday.

India industrial output leaps forecast-busting 13.8%

India's industrial output in July surged by a forecast-busting 13.8 percent, data showed Friday, raising chances of further monetary tightening as early as next week to curb stubbornly high inflation.

Four dead in San Francisco suburb gas line inferno (Reuters)

Reuters - At least four people died after a gas line explosion and fire razed 38 homes in a San Francisco suburb, and officials expected the death toll to rise on Friday as firefighters search the wreckage.

Industry: No need for EPA to regulate gas drilling (AP)

AP - The oil and natural gas industry is willing to cooperate with a federal study of natural gas drilling, but opposes regulation of a practice known as hydraulic fracturing.

Industry: No need for EPA to regulate gas drilling

The oil and natural gas industry is willing to cooperate with a federal study of natural gas drilling, but opposes regulation of a practice known as hydraulic fracturing.

Regulators probe fund-of-funds firms in sweep (Reuters)

Reuters - Securities regulators are probing "fund-of-funds" firms that channel investors' money into hedge funds, looking at supervision of client assets and potential conflicts of interest, according to a person familiar with the matter.

Industry body decries Nepali media's smear campaign

New Delhi, Sep 10: A "malicious" smear campaign by certain sections of the Nepali media against Dabur would hamper investment plans of Indian companies and result in foreign direct investment being diverted away from that country, a leading industry body said here Friday.

Shares trim gains, techs weigh (Reuters)

Reuters - Stocks pared gains on Friday and the Nasdaq Composit index turned negative as weakness in semiconductor shares weighed on the wider market.

Hippo-like Mammals Once Basked in Toasty Arctic (LiveScience.com)

LiveScience.com - How did cold-blooded alligators and giant tortoises once thrive well above the Arctic Circle?

Treasury's Barr to testify on Fannie and Freddie (Reuters)

Reuters - Michael Barr, assistant treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency will testify on Capitol Hill next week on the future of Fannie Mae and Freddie Mac .

Greece pledges to overhaul loss-making state rail (AP)

AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.

New On the Menu: Genetically Modified Salmon? (HealthDay)

HealthDay - FRIDAY, Sept. 10 (HealthDay News) -- The U.S. Food and Drug Administration may soon approve genetically modified salmon for humans to eat, a prospect that is raising concern among some consumer advocates who consider the fish a threat to both health and the environment.

Capstead Mortgage shares fall on dividend cut (AP)

AP - Shares of Capstead Mortgage Corp. fell Friday after the real estate investment trust cut its dividend for the fifth straight quarter.

Divers pulled off search for Texas flooding victim (AP)

AP - Authorities in Austin scaled back the search for a missing motorist Friday, a day after a central Texas official said hope was fading that another person swept away by floodwaters from the remnants of Tropical Storm Hermine would be found alive.

Industry body decries Nepali media's smear campaign

A 'malicious' smear campaign by certain sections of the Nepali media against Dabur would hamper investment plans of Indian companies and result in foreign direct investment being diverted away from that country, a leading industry body said here Friday.

Nokia brings in Microsoft exec to replace CEO (Reuters)

Reuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple.

July wholesale inventories jump 1.3 percent (Reuters)

Reuters - Wholesale inventories surged by the largest amount in two years in July, a government report said on Friday, in a sign firms were anticipating enough demand to boost stock this summer.

Factory killings

A woman who had just been suspended from her job in a Kraft Foods factory in Philadelphia, returned with a gun and opened fire, killing two people and injuring a third.

Industrial Ethernet Switch tolerates -40 to +80°C temperatures.

Husky Series HMG-448GE-CD Industrial Extended Temperature, 8-port Full Gigabit Managed Ethernet Switch supports four 10/100/1,000T Ethernet ports and 4 small form pluggable ports that support dual mode and digital monitoring interface. Unit provides self-recovery in under 10 msec on full load, allowing establishment of redundant Ethernet network. Its terminal block offers 12-48 Vdc and 18-30 Vac ...

Industrial production 'at record'

Industrial production rose in July, reaching a monthly record and growing 12.4 per cent compared to the same month in 2009.

Oil sends factory gate inflation lower

LONDON (SHARECAST) - Factory gate inflation dropped to a six-month low in August as oil prices fell back. The Office for National Statistics reported producer prices grew by 4.7% last month from 5% in July. Market predictions had been for an annual rise of 4.8%.

Total considers sale of British petrol stations (AFP)

AFP - French energy giant Total said Friday that it could sell its 480 petrol stations in Britain as part of a strategic review by its British arm.

China to launch next lunar space mission (AFP)

AFP - China is on track to launch its second lunar satellite by year's end, as the country pursues its plans for a manned mission to the moon by 2020, state media said Friday.

Admissions Q&A: Brigham Young (BusinessWeek)

BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...

Hotel Industry Seeks Ways To Make Up Lost Revenue | NJ.com

The nation’s hotel industry, already struggling to pull out of its worst slump in decades, is now suffering from another loss in revenue because of the booming popularity of cell phones and laptop computers. In the past, hotel operators could expect to collect extra money by charging guests for in-room phone calls and on-demand movies. Share But today most guests check into a hotel packing cell ...

India industrial output surges 13.8 percent

India's industrial output in July surged by a forecast-busting 13.8 percent, data showed Friday, boosting chances of further interest rate hikes to curb the country's stubbornly high inflation.

The nation's weather (AP)

AP - A low pressure system in the North was forecast to bring active weather to the Central U.S. on Friday.

French industry output rebounds in July

Kraft factory shooting: Two workers shot dead and third injured

The unnamed woman walked back into the Kraft Foods factory in Philadelphia and attacked colleagues.

Fiat Industrial's Board to Have Majority Comprised of Non-Fiat Executives

Fiat Industrial SpA , the unit that will be spun off from Fiat SpA by the end of the year, will have a board with a majority of members who aren’t Fiat executives, company documents show.

Trichet: phasing out crisis measures to take time (AP)

AP - It may take a while yet to phase out the special credit support that was given to banks in the wake of the financial crisis, the European Central Bank's president has said.

China's imports leap, cutting trade surplus (Reuters)

Reuters - China's imports leapt in August, boding well for a strengthening of domestic demand in an economy that has become a major driver of global growth.

U.K. Factory Prices Rise At Slower Pace In August

U.K. factory output prices rose 4.7% in August compared to the same month a year ago, the Office for National Statistics said on Friday.

Italian Industrial Output Increased in July Less Than Economists Forecast

Italian industrial output rose less than economists forecast in July as domestic demand remained weak during the country’s export -led economic recovery.

July factory output better than expected: Montek

India's July factory output figures were better than expected and there is a good case for the govt to increase its economic growth target for the current fiscal year, deputy head of the Planning Commission Montek Ahluwalia said.

French Industrial Production Climbs as Recovery Prompts Renewed Investment

French industrial production rose in July as the global economic recovery prompted companies to renew investment.

Insurance industry shows losses for 2009

The insurance industry in Ireland made a loss of €124.5m last year, after a profit of €121.9m a year earlier.

Toyota plant in Australia to build greener engines (AP)

AP - Toyota will build a 300 million Australian dollars ($277 million) plant in Melbourne that will produce greener engines that deliver reduced carbon emissions, the company said Friday.

Industrial growth rises to 13.8%

Belying fears of a slowdown, industrial growth accelerated to 13.8 per cent in July from 7.2 per cent in the corresponding month last year, on the back of a 63 per cent jump in capital goods production.

Industrial Production Accelerates, Adding to Rate Pressure on Central Bank

India’s industrial output growth quickened in July, increasing pressure on the central bank to raise interest rates next week for the fifth time this year.

NPD:Videogame Industry Retail Sales For August Lowest Since `06