Executives concerned about U.S. dominance in space

COLORADO SPRINGS, Colorado (Reuters) – The United States may lose its competitive edge in space unless it improves how it buys equipment, shores up its industrial base, and makes a firm commitment to human spaceflight, industry executives warned at a conference this week.

TechMARK movers: Elan down on Alzheimer’s drug decision

LONDON (SHARECAST) – Shares in Elan dropped after the Irish drug firm and its US partner Wyeth said they have decided to stop testing the highest dose of their Alzheimer’s drug bapineuzumab. The decision to discontinue the 2.0 mg/kg dose followed a

Tech Stocks: Market surge pushes tech stocks to strong gains

SAN FRANCISCO (MarketWatch) – Technology stocks rallied in early trading Wednesday, with nearly every major sector leader on the rise, led by Research In Motion Ltd. in advance of its quarterly earnings, due after the market close. The tech-heavy Nasdaq

House leader Hoyer embraces auto incentives

WASHINGTON (Reuters) – Legislation aimed at invigorating automobile sales in the midst of a deep economic recession is likely to be debated by the U.S. House of Representatives in coming weeks, House Majority Leader Steny Hoyer said on Thursday.

Facebook, YouTube at work make better employees: study

MELBOURNE (Reuters) – Caught Twittering or on Facebook at work? It’ll make you a better employee, according to an Australian study that shows surfing the Internet for fun during office hours increases productivity.

Stock rally recharged

Wall Street advances as G-20 meeting gets underway and a key accounting rule that impacts banks is changed. NEW YORK (CNNMoney.com) — Stocks rallied Thursday morning as the G-20 meeting of the world’s largest economies got underway and regulators eased

Nokia Stepping Down B2B Music Stores; Hits Tiscali, MSN, Virgin

Nokia (NYSE: NOK) is ending some of its OD2 white-label digital music retail activities in the UK from April 23, as it focuses on its consumer-facing Nokia Music Store and Comes With Music. The company is closing B2B contracts it got when it acquired the