Going out of print, Newsweek ends an era

There was a time when the newsweeklies set the agenda for the nation's conversation—when Time and Newsweek would digest the events of the week and Americans would wait by their mailboxes to see what was on the covers.

Brazil president makes final changes to forestry law

Brazilian President Dilma Rousseff has vetoed nine articles of a new forestry code approved by Congress that environmentalists said would lead to further deforestation in the Amazon rainforest.

BP: Sealed ocean well isn't source of Gulf sheen

(AP)—BP PLC says a sheen on the Gulf of Mexico appears to have come from oil seeping out of a piece of discarded equipment used to contain its massive 2010 oil spill and not from its sealed well.

Microsoft profit falls ahead of Windows 8 launch

Microsoft Corp.'s net income fell 22 percent in the latest quarter as it deferred revenue from the sale of its upcoming Windows 8 operating system to PC makers—and as PC sales in general took a dive.

AMD to cut nearly 1,800 jobs or 15 pct of workers

Chipmaker Advanced Micro Devices Inc. says it will cut nearly 1,800 jobs, about 15 percent of its workforce, by the end of the year in order to reduce spending in the face of dwindling sales.

Hybrid vehicle battery creator Ovshinsky, 89, dies

(AP)—Stan Ovshinsky, the self-taught inventor who developed the nickel-metal hydride battery used in the hybrid vehicle industry, has died at his home in suburban Detroit after a fight with cancer. He was 89.

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