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Southwest cancels hundreds of flights, finds ‘widespread cracking’ on 737

ST. PETERSBURG, Fla (Reuters) – National safety inspectors have found evidence of “widespread cracking” and fatigue on the fuselage of a Southwest Airlines Boeing 737 that made an emergency landing in Arizona with a hole in the cabin, a government official said on Sunday. “Was the aircraft well maintained and…

Facebook sued for $1 billion over Intifada page

WASHINGTON – Facebook and co-founder Mark Zuckerberg have been hit with a lawsuit seeking more than $1 billion in damages over a page on the social network which called for a “Third Intifada” against Israel. Facebook this week shut down the “Third Intifada” page, which had almost 500,000 fans, but…

Transocean hails ‘best year’ in safety, gives execs bonuses, despite Gulf spill

The company that owns the now-infamous Deepwater Horizon, the oil rig that caused immeasurable damage to the Gulf, recently applauded itself for the “best year in safety performance in our Company’s history.” The company, Transocean Ltd., rewarded its executives millions in bonuses for the achievement, according to the annual report…

Southwest Airlines cancels 300 flights after finding ‘gaping hole’ in 737′s fuselage

UPDATED: LOS ANGELES (Reuters) - Southwest Airlines said it expects to cancel 300 flights on Saturday to allow inspections of 79 aircraft from its Boeing 737 fleet, after one of its planes with a gaping hole in the fuselage made an emergency landing. Passengers aboard Southwest Flight 812 from Phoenix toSacramento on Friday heard a loud noise and…

NASDAQ leads counter-bid for NY Stock Exchange

NEW YORK (Reuters) – Nasdaq OMX and IntercontinentalExchange bid $11.3 billion for NYSE Euronext in an effort to trump Deutsche Boerse’s deal, and pushed their case with an appeal to U.S. patriotism. The counterbid — unveiled on Friday to some skepticism it can succeed — would redraw the world’s capital…

Google CEO wanted political donation removed: book

WASHINGTON — An upcoming book about Google claims that Eric Schmidt, who is to step down next week as chief executive, once asked for information about a political donation he made to be removed from the Internet giant’s search engine, The New York Times reported Friday. The Times said Schmidt’s…

TEPCO recruiting nuclear workers for up to $5,000 per day

What would you do for $2,500 a day? How about $5,000 a day? Do you have “a passport, a family willing to let you go”, and a “willingness to to work in a radioactive zone”? Then you could have what it takes to work at the Fukushima nuclear power plant,…

Arianna: The Huffington Post is not a ‘lefty’ publication anymore

In a recent interview with The New York Times, Arianna Huffington revealed a bit of news that’s not likely to show up on The Huffington Post’s front page any time soon: the site is no longer “lefty” in its political bent. That will likely come as a surprise to the…

Judge: Feds ignored environmental laws in pushing Kansas coal power plant

Progress on a planned coal-fired power plant in Kansas was put on hold yesterday after a judge sided with environmental groups, ruling that a federal agency ignored requirements set forth by environmental laws in approving the project and providing tax incentives. In a ruling that agreed with arguments by activist…

Jobs numbers up in march, unemployment down

WASHINGTON (Reuters) – U.S. employment recorded a second straight month of solid gains in March and the jobless rate fell to a two-year low of 8.8 percent, marking a decisive shift in the labor market that should help to underpin the economic recovery. Nonfarm payrolls rose 216,000 last month, the…

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