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Denmark Accuses Total of Using Unauthorized Chemical, Halts Fracking
Denmark Accuses Total of Using Unauthorized Chemical, Halts Fracking
Denmark is one of the few European countries alongside Britain, Poland and Romania that allows fracking, contributing to the country's burgeoning oil and natural gas production.
Large Pharma Acquisition -- Alexion Buys Synageva for $8.4 Billion
Large Pharma Acquisition -- Alexion Buys Synageva for $8.4 Billion
Alexion's acquisition of Synageva's treatment pipeline "creates the most robust rare disease pipeline in biotech," the companies said.
BMW Predicts Solid Growth for 2015
BMW Sees Solid Growth for 2015 -- Russia, China Could Pose Challenge
In the period from January to March, group revenues grew significantly by 14.7% to $23.5 billion.
Technology Reworked Industry, Education Needs 'Reimagining’ Says Tech Leaders
Technology Reworked Industry, Education Needs 'Reimagining’ Say Tech Leaders
"From SpaceX to Airbnb to Oscar, today's strongest entrepreneurs are creating technology-enabled models to transform some of the oldest and most established industries in the world. We believe the time has come to reimagine education,” said Brian Singerman of Founders Fund, a supporter of Altschool.
China to Remove Drug Price Controls
China to Remove Drug Price Controls
"Rich market competition... as well as stronger market supervision ability over drug prices have created the conditions to cancel the ceiling retail prices for medicine," the National Development and Reform Commission said.
US Trade Deficit Balloons to Six-year High in March
US Trade Deficit Balloons to Six-year High in March
The end of the West Coast port strike in late February, in a deal between management and dock workers, unleashed a flood of imports that had been backed up in the months-long work slowdown, Commerce Department data showed.
FAA Warns Boeing 787 Bug Could Shut Off Aircraft Power
FAA Warns Boeing 787 Bug Could Shut Off Aircraft Power
The FAA said the generators on aircraft need to be completely shut down to reduce the immediate danger while manufacturers of the equipment involved develop software upgrades to eliminate the problem.
Death Toll in GM’s Faulty Ignition-switch Hits 97
Death Toll in GM’s Faulty Ignition-switch Hits 97

NEW YORK --General Motors (IW 500/5) said Monday that at least 97 deaths are linked to faulty ignition switches on some of its cars as the largest U.S. automaker weighs compensation claims.

The GM independent compensation fund said that 45 death claims remained under review as of last Friday. The death toll rose from 90 confirmed claims in the prior week.

Dow Chemical to Cut 3% Workforce Worldwide
Dow Chemical to Cut 3% Workforce Worldwide
The layoffs will affect 1,500 to 1,750 jobs. It also announced "minor" adjustments to certain manufacturing facilities, including shutting some down, part of a $1 billion restructuring drive announced last year.
Transportation Sector Driving US factory Order Increase
Transportation Sector Driving US factory Order Increase
Transportation equipment orders surged 13.5%, led by a 103.0% jump in defense aircraft and a 30.6% increase in commercial aircraft.
Cisco Names New Chief Executive
Cisco Names New Chief Executive
Robbins joined Cisco in 1997, and was key in developing company strategy, including key acquisitions.
GE, Siemens, Philips, GE Units Under Bribery Probe in China: Report
GE, Siemens, Philips Units Under Bribery Probe in China: Report
It was not clear whether full formal investigations would follow the medical device inquiries, Bloomberg News cited sources familiar with the matter as saying, nor did the probes necessarily imply wrongdoing.
US Auto Sales Pick Up in April
U.S. car and truck sales picked up strength in April in a sign that the auto market remains firm after the winter economic downturn, the top three automakers reported Friday.
Space Radiation May Harm Astronauts' Brains: Study
Flying people to deep space -- like Mars or an asteroid -- is high on NASA's wish list, but research on mice suggested Friday that extended radiation exposure permanently harms the brain.
Tesla founder Elon Musk introduces the Powerwall.
Here Comes the Sun: Tesla Unveils New Home Battery to Harness Solar Power
Tesla founder Elon Musk trumpets new Powerwall, which could transform 'the entire energy infrastructure of the world.'
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