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Dish passes on making new offer for Sprint
Dish Network Corp. says a number of factors have made it impracticable for it to submit another offer to buy Sprint Nextel Corp. in time to beat a deadline set by the phone company. Sprint had given Dish until Tuesday to make its best and final offer. Sprint's demand came ...
'Dead zones' predicted for Gulf, Chesapeake Bay
Scientists in Michigan and Louisiana are predicting a big summer "dead zone" in the Gulf of Mexico unless a tropical storm hits the area shortly before or during the annual measurement. In the Chesapeake Bay, scientists expect a smaller-than-average area where there's too little oxygen to support fish, shellfish and ...
Cape Wind gets $200M investment from Danish fund
The Cape Wind offshore wind project has secured a $200 million investment from a Danish pension fund in what the wind farm's president said Tuesday is a milestone for the long-delayed project. In a statement announcing the commitment, PensionDanmark's chief executive Torben Moger Pedersen noted the fund has already invested ...
Jury can't reach verdict in Detroit cop's trial
A judge declared a mistrial Tuesday after jurors failed to reach a verdict in the trial of a Detroit police officer who fatally shot a 7-year-old girl during a chaotic search for a murder suspect that was recorded by a reality TV crew. Loud voices could be heard in the ...
North Carolina ousts Tigers from CWS with 4-2 win
Home runs are few and far between at the College World Series these days, which made Brian Holberton's first-inning shot all the more important for North Carolina. Holberton staked freshman starter Trent Thornton to a two-run lead before he even took the mound Tuesday, and No. 1 national seed Carolina ...
Okla. executes inmate convicted of killing couple
Oklahoma executed a 36-year-old man on Tuesday for the October 2000 stabbing deaths of a couple on whose ranch he had worked. James Lewis DeRosa was killed by lethal injection at the Oklahoma State Penitentiary in McAlester. He was the second inmate the state executed this year. Prosecutors say DeRosa ...
Radar shows tornado touched down at Denver airport
Radar indicated a tornado briefly touched down Tuesday over the east runways of Denver International Airport, where thousands of people took shelter in bathrooms, stairwells and other safe spots until the dangerous weather passed, officials said. Airport spokeswoman Laura Coale reported no damage. Nine flights were diverted elsewhere during a ...
DreamWorks says TV revenue to hit $200M by 2015
DreamWorks Animation SKG Inc., the studio behind "Shrek" and "Kung Fu Panda," said Tuesday that a new deal to provide original TV shows to Netflix will help it double the revenue it gets from TV shows to $200 million by 2015. The extra $100 million represents a 13 percent increase ...
Chrysler agrees to recall of Jeeps at risk of fire
After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions. But the recall, which came in an 11th-hour deal between the automaker and the National Highway Traffic Safety Administration, covers only 1.56 million of ...
Icahn changes tack, seeks $16B Dell stock buyback
Activist investor Carl Icahn on Tuesday proposed a $16 billion share buyback in his latest effort to thwart Dell Inc. founder Michael Dell's effort to take the struggling computer maker private. Icahn, now the company's second-largest shareholder after buying 72 million shares from fellow activist investor Southeastern Asset Management Inc., ...
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