Enbridge stops major leak on Canada-U.S. oil pipeline (Reuters)

Reuters - Enbridge Inc said on Friday it has stopped an oil spill from its 6A pipeline, which delivers up to a third of Canada's crude oil exports to the United States, but gave no estimate on when the key export line may resume operations.

India’s industrial output in July leapt by 13.8%, data showed yesterday — far outpacing market forecasts — as consumer demand in Asia’s third-largest economy remained robust.

New Study Illustrates Crippling Affects of Proposed Oil and Gas Tax Hikes (PR Newswire)

PR Newswire - LSU professor projects thousands of lost jobs, hundreds of billions in lost economic activity from proposed punitive tax hikes on U.S. energy companies

Leather industry mulls product centre to spruce up exports

The leather industry is planning to have a product engineering development facility at Ambur Trade Centre. They want such a such a facility to help footwear manufacturers, specially small and medium business enterpreneurs, with design and engineering capabilities and enhance production and exports.

Global auto industry in for bumpy ride as US, Chinese demand slows

Global auto industry in for bumpy ride as US, Chinese demand slowsGlobal auto industry in for bumpy ride as US, Chinese demand slows

2 in Wash. plead guilty to massive tax scheme (AP)

AP - Two Seattle-area men have pleaded guilty to federal charges involving a tax shelter that helped wealthy clients — including philanthropist Robert Wood Johnson IV and Hollywood mogul Haim Saban — avoid paying taxes on $1.3 billion in capital gains.

Violent Tides Destroy Huge, Hot Alien Worlds (SPACE.com)

SPACE.com - Most of the big, super-hot alien planets that astronomers are searching for in old star clusters may have been destroyed long ago, a new study suggests.

Ancient African Cocktail: Beer and a Shot of Antibiotic (LiveScience.com)

LiveScience.com - About 1,500 years before the modern world discovered the antibiotic tetracycline, North Africans were fermenting and consuming it, probably for most of their lives, according to a chemical analysis of the bones of people who lived along the Nile.

Toys R Us posts loss on costs and international weakness (Reuters)

Reuters - Toys R Us Inc , which is looking to go public, reported a quarterly loss on higher costs and weakness in its international business.

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.

New GM CEO's pay package worth $9 million (AP)

AP - New General Motors Co. CEO Daniel Akerson will get up to $9 million in salary and stock, the same pay package granted to his predecessor, Ed Whitacre.

Geoghegan replaces Feinberg as pay czar (Reuters)

Reuters - The Treasury Department has selected Patricia Geoghegan to replace Kenneth Feinberg as the "pay czar" overseeing compensation at companies bailed out by the government.

Wall Street gains as economic outlook brightens (Reuters)

Reuters - The Dow and S&P 500 closed the week with their seventh gain in eight sessions in a turnaround period for stocks that has seen investors' worst fears about the economy start to dissipate.

Toys R Us posts 2nd-quarter loss on higher costs (AP)

AP - Toys R Us Inc. posted a loss for its fiscal second quarter as its costs rose.

IMF to give Greece further 2.57 billion euro (AFP)

AFP - The International Monetary Fund on Friday announced it would provide Greece with a further 2.57 billion euro, the second installment of an economic rescue package.

Games industry 'lost 18% of jobs'

Scotland has lost nearly a fifth of the jobs in its computer games industry so far this year, an industry body warns.

Industrial output doubled in July

NEW DELHI: Industrial output nearly doubled to 13.8 per cent in July, dispelling fears of a dip in demand and giving an impetus to achieving 8.5 per cent economic growth this fiscal.

Industry needs 250,000 new workers in 3 years

The shortage of unskilled labour in the automotive sector is reaching a critical level as the industry will need 250,000 more workers over the next three years to serve the national growth target, says Wallop Tiasiri, director of the Thailand Automotive Institute.

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.

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.

FTSE cites "human rights" concerns at DuPont and UPS (Reuters)

Reuters - Major U.S. corporations DuPont Co and United Parcel Service Inc were among eight companies removed from a social investment index series because of concerns about human rights, climate change and similar matters, the UK index provider FTSE Group said.

Klingon Space Opera Makes Cosmic Debut (SPACE.com)

SPACE.com - Die-hard "Star Trek" fans may want to dust off their Klingon dictionaries and take a transporter to Europe for the debut of the first opera ever to be completely sung in the invented science fiction language.

Where to Buy a Home for Less Than $800 a Month (U.S. News & World Report)

U.S. News & World Report - While the nation's real estate crash has been a nightmare for homeowners, it has created some outstanding opportunities for would-be buyers. Home prices in 20 major cities dropped 33 percent from the summer of 2006 to the spring of 2009--and in certain markets, the plunge was even steeper. At the same time, the federal government's efforts to revive the housing market have helped drive financing costs to record lows. Thirty-year fixed mortgage rates fell to an average of 4.32 percent for the week ending September 2. That's the lowest level in nearly 40 years of record-keeping. ...

Google's Android to be world No. 2 in 2010: report (Reuters)

Reuters - Google Inc's Android software will become the world's second most popular operating system for cell phones this year, leapfrogging rival offerings from Microsoft Corp, Research in Motion and Apple Inc, according to a new report.

UK TV Industry Body Lodges Complaint Over Project Canvas

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.

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.

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.

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.

Obama to voters: Our economic policies better (AP)

AP - President Barack Obama says that if voters weigh his economic policies against those of Republicans, then "the Democrats will do very well" in November.

Mudslide hits village on Italy's Amalfi Coast (AP)

AP - A river of mud unleashed by heavy rains has flooded a tiny village on Italy's Amalfi Coast, and at least one person was reported missing.

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.

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.

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.

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.