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Online networking sites gain popularity for business uses

Some businesses are beginning to leverage social networking sites for more than just connecting with old friends. They're being used for leads, referrals and recruiting.

"It's becoming more of a front-line resource for us," Beck said. "Our (online) network has proven to be very valuable."

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International demand lifts Manitowoc's profits The Business

The Manitowoc Co. Inc. reported higher profits for the second quarter, in part because of strong international demand for its construction cranes.

Manitowoc Co. (NYSE: MTW) reported net income Monday of $133.9 million, or $1.01 per share, for the second quarter, up 37 percent compared with $97.5 million, or 76 cents per share, for the same period a year ago.

Net sales for the Manitowoc-based manufacturer of construction cranes, lifting equipment, food services equipment and commercial ships increased 28 percent to $1.3 billion from $1 billion.

The company said operating earnings from its cranes segment jumped 39 percent because of higher demand for cranes in all of its geographic markets. Earnings from the food service equipment division grew 2 percent despite a dip in sales. more

United Business Media Limited Interim Results for the Six Months

"United Business Media's consistent growth in earnings per share is evidence of continued success in our strategic development of UBM as a set of focused b2b media businesses which offer integrated suites of media products tailored for specific professional and commercial communities. We continue to direct our businesses towards vertical b2b markets and geographies that provide opportunities for sustainable, profitable growth. Our businesses are generating a growing proportion of their revenues and profits from products which take advantage of the long term structural changes taking place in media markets."

"In the first half of 2008, 85% of our profits were derived from tradeshows and exhibitions, business intelligence products and services, and news distribution activities. more

Record Business Insider

FINANCIAL Times publisher Pearson yesterday said a "strong" first half had lifted confidence in hopes for the full financial year.

The group, who also own publishers Penguin, reported interim underlying pre-tax profits up 56 per cent to £84million. Sales at the FT Group rose 11 per cent.

Pearson chief executive Marjorie Scardino said the group were confident 2008 "will be another record year".

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Putin: Iran's new nuclear plant to start up soon - San Francisco Chronicle

Prime Minister Vladimir Putin said Thursday that Iran's new Russian-built nuclear power plant will begin operating this summer, even as the United States called for Russia to delay the startup. In apparent response, U.S. Secretary of State Hillary ...

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Business start up advice from startups.co.uk - startups.co.uk

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Certified Business Brokers (CBB) in Houston Welcomes ... - PR.com

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Muted start for local stocks - Australian Broadcasting Corp.

A mixed finish on Wall Street has prompted a flat start to trading on the Australian share market ... showed factory activity in the Mid-Atlantic region expanded more than expected in March, but new orders fell. Other figures revealed consumer prices ...

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Delta Air Lines launching added service in Los Angeles ... - Washington Examiner

That business is coveted by airlines, which are looking to start turning profits now that the severe economic downturn appears to be over. The world's biggest airline is launching a new business shuttle service with 11 daily round-trip flights ...

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Virgin America to Lease Nine More Planes, Start New ... - Wall Street Journal

Virgin America, which started flying in 2007, said Thursday that it made arrangements to lease nine additional Airbus jetliners, allowing it to announce new service to Orlando, Fla., and Toronto. The company also said it will launch three additional ...

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