Fed should raise rates in 2013, Bullard says (Reuters)

Reuters - The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that many years of near-zero rates will do little to return economic output to pre-recession levels and risks causing "disaster."

Prejudice Reveals the Caveman in Us (LiveScience.com)

LiveScience.com - Like their cavemen ancestors who fought outsiders for land and potential mates, the modern guy still holds such prejudices against "outgroups," new research shows.

Greeks delay bailout talks as Merkel demands action (Reuters)

Reuters - German Chancellor Angela Merkel told Greece on Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for yet another day.

Pakistan factory collapse kills 11, traps dozens

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

Greece caves in on civil service firings (AP)

AP - Greece's coalition government on Monday 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.

Boeing shares slip as it addresses 787 issues (Reuters)

Reuters - Boeing Co shares slipped on Monday, the day after the plane maker said it must correct a fuselage support structure problem on some of its carbon-composite 787s, a glitch experts said could slow production.

Wall Street dips as investors wait on Greece (Reuters)

Reuters - U.S. stocks dipped on Monday as a delay by debt-ridden Greece in accepting the terms of a bailout gave investors little reason to buy equities after a five-week rally.

Swiss bank Julius Baer expects fine in US tax case (AP)

AP - Swiss bank Julius Baer Group said Monday that it might have to pay a fine to settle allegations it helped American clients cheat on their taxes, but cautioned investors that the final outcome of the case was still uncertain.

Convicted NY fraudster sentenced in hit plot (AP)

AP - A convicted New York mortgage fraudster who then tried to get a key witness killed in revenge has gotten another eight to 16 years in prison.

Russia's Space Woes Stress NASA's Need for Private Spaceships (SPACE.com)

SPACE.com - The recent delay of the next manned launch to the International Space Station due to a damaged Russian space capsule highlights NASA's critical need for commercially built vehicles, space policy experts say.

Massachusetts gas prices edge up another 2 cents (AP)

AP - Massachusetts residents are paying two more cents a gallon at the gas pump, the seventh consecutive week of increases.

Cintas Leads Industry in Use of New Environmentally Friendly Cleaner

Cintas Corporation , the nation’s leading business to business services provider and the largest uniform supplier in North America, in conjunction with Washing System

France, Germany want closer control of Greek funds (AP)

AP - France and Germany on Monday sought to impose tighter controls on Greece's finances and warned political leaders in Athens to agree on new austerity measures soon if they didn't want to see their country go bankrupt.

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.

Humana forecast is below Street view; shares fall (Reuters)

Reuters - Humana Inc reported a quarterly profit that met analyst estimates, but the health insurer failed to raise its full-year forecast up to Wall Street's target and its shares fell 5.4 percent.

VIDEO: Factory collapse traps many in Pakistan

A factory has collapsed in the eastern Pakistani city of Lahore with many people, including women and children, feared trapped.

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

Fidelity Nat'l to buy O'Charley's restaurant chain (AP)

AP - A title insurance and mortgage services company that already owns a stake in the Bakers Square restaurant chain is buying the restaurant operator O'Charley's Inc., the companies announced Monday.

Mars 'Super-Drought' May Make Red Planet Too Dry for Alien Life (SPACE.com)

SPACE.com - The surface of Mars may have been parched for too long for any life-forms to exist on the planet today, a new study suggests.

Chrysler's "Halftime" ad: a roadmap for America? (Reuters)

Reuters - Is what is good for Chrysler good for America?

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

CHICAGO, Feb. 6, 2012 /PRNewswire/ --Today, Zacks Equity Research discusses the Railroads, including Union Pacific Corp. (NYSE: UNP ), Kansas CitySouthern (NYSE: KSU ), CSX Corp. (NYSE: CSX ), Norfolk ...

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

Applied Industrial Technologies Acquires Two Quebec Distributors

Solutions Industrielles Chicoutimi - Chicoutimi, Quebec Specialites Industrielles Harvey - Quebec City, Quebec CLEVELAND, Feb. 1, 2012 - Applied Industrial Technologies (NYSE: AIT) today announced it has acquired the businesses of Solutions Industrielles Chicoutimi and Specialites Industrielles Harvey. Terms of the sale were not disclosed. Solutions Industrielles Chicoutimi provides bearings ...

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.

China growth could halve if Europe crisis worsens: IMF (Reuters)

Reuters - China's annual economic growth could be cut nearly in half this year if Europe's debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil "significant" fiscal stimulus, the International Monetary Fund said.

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 ...

Ford Motor Company Begins Construction on $1.1 Billion Expansion in Missouri, an Industrial Info News Alert

SUGAR LAND, TX-- - Researched by Industrial Info Resources -- Ford Motor Company has begun construction in Kansas City, Missouri, on a $1.1 billion expansion of its Claycomo Assembly Plant. The expansion ...

The nations weather (AP)

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

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 nine people, including women and children, officials say.

China bars its airlines from paying EU carbon tax (AP)

AP - China announced Monday it will prohibit its airlines from paying European Union charges on carbon emissions, ratcheting up a global dispute over the cost of combatting climate change.

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.

Industry wants e-health records delayed

The federal government's roll-out of e-health records should be delayed and the body in charge of managing the system investigated, key stakeholders say.

Europe's shadow darkens outlook (Reuters)

Reuters - A renewed focus on Europe's banking and debt crisis may quickly sap the nascent optimism about global economic prospects that followed a remarkably solid U.S. January employment report.

Carnage in Japan's Electronics Industry: Is the Unthinkable now Thinkable?

A few posts ago I wrote that ?winning? in global auto industry competition is a ?must? for Japan?s auto makers. But can Japan afford for its legendary electronics companies to lose? Alarmingly, this unthinkable thought is becoming thinkable. The real question now is whether such a disaster is inevitable.

Fire at Moscow nuclear institute, Russia says no risk (Reuters)

Reuters - There was no risk of a radiation leak after a fire broke out at a Moscow nuclear research center housing a non-operational 60-year-old atomic reactor Sunday, said officials, but Greenpeace Russia expressed serious concern about the incident.

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.

Analysis: Stock-picking makes a comeback as macro tides fade (Reuters)

Reuters - Stock-picking once again matters on Wall Street.

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.

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.