Business Stories from May 12, 2012 (Change date)
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Drillers eyeing southern Illinois for oil, gasMay 14, 2012 12:25 pm - ‘Land men’ looking for gas, oil deposits
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In Egypt turmoil, thieves hunt pharaonic treasuresMay 13, 2012 9:15 am - CAIRO — Taking advantage of Egypt’s political upheaval, thieves have gone on a treasure hunt with a spree of illegal digging, preying on the country’s anc...
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Internet address suffixes expansion back on trackMay 12, 2012 7:31 am - NEW YORK — The organization overseeing a major expansion of Internet address suffixes hopes to resume taking proposals on May 22 following a technical glitch that shut d...
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Daimler floods Berlin with Smart carsMay 13, 2012 9:15 am - Daimler AG is flooding Berlin with Smart cars to claim a greater share of Europe’s burgeoning rent- by-the-minute urban auto market. The maker of Mercedes-Benz cars inst...
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China’s Huawei hopes to make a name for itselfMay 13, 2012 10:21 am - NEW ORLEANS — Will Americans buy a Chinese smartphone? We’re about to find out, as Huawei, one of the world’s biggest phone makers, is planning a big push into U.S. cell...
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Record gas use by U.S. utilities fails to drive up priceMay 13, 2012 10:21 am - U.S. utilities led by Southern Co. are burning a record amount of natural gas for generating electricity without triggering a forecasted boost to the fuel’s price from n...
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Digital ‘wallets’ proliferate at cellphone showMay 13, 2012 9:15 am - NEW ORLEANS — Cash, coins and credit cards are so Twentieth Century. At least, that’s the opinion of electronics manufacturers, phone companies, banks and credit card is...
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Take-Two delays ‘BioShock Infinite’ to FebruaryMay 12, 2012 7:31 am - NEW YORK — Take-Two has delayed the release of “BioShock Infinite,” an eagerly awaited shooter game set in 1912. Take-Two Interactive Software Inc. said Wednesday that ...
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Pentagon says cyber-threat sharing may reach 1,000 contractorsMay 13, 2012 10:21 am - The Pentagon predicts as many as 1,000 defense contractors may join a voluntary effort to share classified information on cyber threats under an expansion of a first ini...
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AT&T looking to introduce family data plansMay 12, 2012 7:31 am - NEW ORLEANS — The head of AT&T’s wireless business says he’s looking to introduce plans that share a data allowance among family members, similar to the way it sells fam...
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