Key states move closer to foreclosure-abuse deal (AP)

AP - California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal that would force the five largest mortgage lenders to reduce loans for about 1 million households. More than 40 U.S. states have agreed to a nationwide settlement.

More than 40 states agree to foreclosure deal (AP)

AP - More than 40 U.S. states have agreed to a nationwide settlement over foreclosure abuses.

MGM gets $500 mln loan to expand film, TV slate (Reuters)

Reuters - Metro-Goldwyn Mayer said its lenders agreed to loan the studio $500 million to retire debt it took on when it emerged from bankruptcy about a year ago and to expand its film and TV production.

Greek leaders face crunch talks, unions strike (Reuters)

Reuters - Greek political leaders face crunch talks on Tuesday to hammer out a deal on unpopular reforms that have prompted the country's biggest labor unions to walk off the job.

After U.S. oil snub, Canada focuses on China (Reuters)

Reuters - Canada will focus on exporting oil and other goods to China and other booming Asian economies even if Washington overturns its decision to block a pipeline that would have sent more Canadian crude to the United States.

Exclusive: Facebook governance a concern for Calif pension fund (Reuters)

Reuters - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.

Mortgage deal faces setbacks, again (Reuters)

Reuters - A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it.

Yum Brands posts 30 percent 4th-qtr profit rise (AP)

AP - Yum Brands Inc., owner of the Pizza Hut, Taco Bell and KFC fast-food chains, said Monday that its fourth-quarter profit rose 30 percent with a recipe of strong overseas growth mixed with a sales turnaround at Pizza Hut in the U.S.

Greece caves in on civil service firings (AP)

AP - Greece's coalition government caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new debt agreements.

Ford won't bid to replace military Humvees (Reuters)

Reuters - Ford Motor Co said on Monday it had decided not to participate in a new Pentagon competition to replace the U.S. military's fleet of workhorse Humvee vehicles.

Mammogram Readers Could Take a Cue from Film-Making (LiveScience.com)

LiveScience.com - The accuracy of a person reading a mammogram is improved when their gaze is subtly shifted toward suspicious areas, and nudged around to ensure that they look at every part of the scan, according to new research.

Ship that hit Ky. bridge has precious space cargo (AP)

AP - The hulking cargo ship that tore through a western Kentucky bridge last month is carrying millions of dollars of rocket components that will be used to blast satellites into space for NASA and Department of Defense missions.

Industrial-strength award for Massey mathematician

A Massey University professor who uses mathematics to model the drift of ash from volcanic eruptions as well as solving industrial problems has just been awarded the highest Australasian accolade for maths in industry.

Brightest Galaxy Ever Seen With Gravity Lens Shines in Hubble Photo (SPACE.com)

SPACE.com - A fluke of astrophysics has revealed what scientists are calling the brightest galaxy ever seen through a cosmic "zoom lens," NASA officials say.

Commercial Composting a Growth Industry in Austin (ContributorNetwork)

ContributorNetwork - While Austin, like most Texas cities, has a recycling program, the capital of the state is experimenting with commercial composting, using food and other organic waste to create mulch and potter's soil for commercial use, according to the Austin American Statesman.

The Worthless Junk the 1 Percent Waste Their Money On (ContributorNetwork)

ContributorNetwork - COMMENTARY | Strictly speaking, the 1 percent -- people whose incomes put them above the other 99 percent of us, starting at about $340,000 a year as of 2009, according to IRS data -- don't actually spend much of their money.

Wall St edges lower after string of gains (Reuters)

Reuters - Stocks closed slightly lower on Monday as lingering questions about Europe's debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.

Pakistan factory collapse kills 13, traps dozens

Ten women and three children were killed with dozens of others trapped under rubble when a factory collapsed in the Pakistani city of Lahore on Monday, officials said.

Anti-cuts protests push Romania PM out (Reuters)

Reuters - Romanian Prime Minister Emil Boc resigned on Monday, joining a list of European leaders felled by fury at the kind of spending cuts that prompted weeks of mass protests in Bucharest against IMF-backed austerity.

Organization Warns of EPA 'Regulatory Avalanche' (ContributorNetwork)

ContributorNetwork - The Texas Public Policy Foundation is warning of an "approaching regulatory avalanche" in a report. The foundation says new rules in the works by the Environmental Protection Agency could cost billions of dollars and hundreds of thousands of jobs. Here are the details of the report.

90 DC workers face firing for unemployment fraud (AP)

AP - About 90 District of Columbia workers have been suspended and may be fired after officials determined they received unemployment checks while holding city jobs.

Industry Leaders From Avaya, Cisco and VMware to Keynote at Interop Las Vegas

SAN FRANCISCO, Feb. 6, 2012 /PRNewswire/ -- Interop Las Vegas ® , produced by UBM TechWeb , today announced executives from Avaya, Cisco and VMware are scheduled to take the keynote stage in Las Vegas. ...

Semiconductor Industry Workshop to Address Fully Depleted SOI Technology for Mobile and Consumer Electronics

BOSTON, Massachusetts, February 6, 2012 /PRNewswire/ --The sixth annual workshop on fully depleted silicon-on-insulator (FD-SOI) technology for advanced semiconductor architectures, featuring technical ...

Rescuers dig to reach trapped in Philippines quake (AP)

AP - Rescuers dug with picks and shovels trying to reach dozens of people trapped under houses collapsed by a strong earthquake Monday that shook a central Philippine island and set off landslides.

Factory collapse in Pakistan kills 9, traps dozens

Rescue workers struggled to reach dozens of people trapped in the rubble of a factory that collapsed in an eastern Pakistani city Monday, killing at least nine, officials said.

Auction Industry Pioneer Larry Latham Joins Proxibid

Proxibid , the world’s largest real auction marketplace, today announced that Larry Latham, an auction industry pioneer, has joined its team to add focus to its b

ACT-IAC Selects 2012 Partners Program Class, Government and Industry Nominate their Strongest Leaders

The American Council for Technology-Industry Advisory Council today announced its 2012 Partners Program participants. The executive development program pairs 16 governmen

Airline Industry Continues to Push for Consolidation

NEW YORK, NY-- - Airline stocks have been on fire this year. The Guggenheim Airline ETF, which seeks to represent a modified equal-dollar weighted index designed to measure the performance of highly capitalized ...

Sabre Launches Industry’s First Eco-Certified Hotel Program

Sabre Holdings, a global technology company for the travel industry, today announced the launch of its Sabre Eco-Certified Hotel Program, an industry first program that provides clear and easy access to sustainable travel offerings throughout Sabre’s portfolio.

German Factory Orders Increase on Demand From Abroad: Economy

German factory orders rose more than economists forecast in December as demand from outside the euro area helped its largest nation weather the sovereign debt crisis.

Pakistan factory collapses in gas blast, 5 dead, many trapped

LAHORE, Pakistan (Reuters) - A three-storey factory collapsed on Monday in the Pakistani city of Lahore after a gas explosion, killing at least five people and trapping dozens, emergency officials said. "The factory has completely collapsed and two houses next to it as well," an emergency official at the site told Reuters by telephone, adding that narrow streets was preventing heavy rescue ...

Music Instrument Industry Optimistic about 2012 Sales, GE Capital Survey Reveals

Participants in the music instrument industry are optimistic about growing sales in 2012 even as they acknowledge that consumer demand has been muted in recent years, according to

Factory collapse in Pakistan kills 4, traps dozens

Rescue workers struggled to reach dozens of people trapped in the rubble of a factory that collapsed in an eastern Pakistani city Monday, killing at least four, officials said.

German Factory Orders Gained on Exports

German factory orders rose more than economists forecast in December as demand from outside the euro area helped its largest nation weather the sovereign debt crisis.

Industrial Leasing Rises, Will Rents?

SADDLE BROOK, NJ-A significant uptick in New Jersey industrial leasing is a sign that tenants are beginning to worry about rising rents, according to CBRE New Jersey's Fourth Quarter 2011 New Jersey Industrial MarketView Report.

Forecast for Canadian Chemical Industry Tops $1 Billion in 2012, an Industrial Info News Alert

SUGAR LAND, TX-- - Researched by Industrial Info Resources --Over the past several years plant owners in the Chemical Processing Industry of Canada have struggled with demand woes and a global recession. The effect of these struggles has been obvious with the annual value of CPI construction kickoffs ...

Factory collapse in Pakistan kills 2, traps dozens

A three-story factory illegally set up in a residential area of an eastern Pakistani city collapsed Monday after several gas cylinders inside exploded, killing at least two people and trapping over 40 others in the rubble, officials said.

Industry Experts Predict A Huge Growth In Online Video In 2012

LONDON, UNITED KINGDOM-- - The UK video advertising industry will see a major shift towards online video, according to industry experts. Daniel Ruch, the Chair of the IAB Video Council, the UK's largest ...

Zacks Industry Outlook Highlights: Union Pacific, Kansas City Southern, CSX, Norfolk Southern and Canadian National ...

Zacks Industry Outlook Highlights: Union Pacific, Kansas City Southern, CSX, Norfolk Southern and Canadian National Railway

The nations weather (AP)

AP - Weather Underground Forecast for Monday, February 06, 2012.

9 dead, dozens missing after blast at Pakistan factory

A three-story factory collapsed on Monday in Lahore after a gas explosion, killing at least nine people and trapping dozens, emergency officials said.

Factory collapse in Pakistan traps over 40

ISLAMABAD – A three-story factory illegally set up in a residential area of an eastern Pakistani city collapsed Monday after several gas cylinders inside exploded, killing at least two people and trapping over 40 others in the rubble, officials said.

Deaths in Lahore factory collapse

An illegal medicine factory collapses in the eastern Pakistani city of Lahore, killing at least 13 people and leaving many trapped, officials say.

Sierra Club Received Millions from Natural Gas Industry (ContributorNetwork)

ContributorNetwork - According to a blog post from Sierra Club Executive Director Michael Brune, the environmentalist organization accepted millions of donated dollars from the natural gas industry to fight against coal-fired plants nationwide. Here are the details.

Clinton urges Bulgaria to be energy independent (AP)

AP - U.S. Secretary of State Hillary Rodham Clinton is in Bulgaria, urging the country to break its energy dependence on Russia by diversifying its oil and gas supplies.

Nasdaq core profit tops expectations (Reuters)

Reuters - Nasdaq OMX Group Inc's core profit topped analysts' expectations for the fourth quarter, boosted by a rise in revenue from market data and technology, which helped offset a soft trading environment.

New map pinpoints Lyme disease risk areas (AP)

AP - Researchers who spent three years dragging sheets of fabric through the woods to snag ticks have created a detailed map they claim could improve prevention, diagnosis and treatment of Lyme disease.

Economic study: Va. wine industry growing

Virginia's growing wine industry seems to be bearing fruit, according to an economic impact study released by Gov. Bob McDonnell's office Thursday.

MSC Industrial Direct Passes This Key Test

Look here for a clue.

Euro zone sales tumble at Christmas, no sign of growth (Reuters)

Reuters - Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, with rising joblessness and stubborn inflation undercut signs of a stabilization in Europe's economy.