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U.S. stimulus crucial for "smart grid": industry (Reuters via Yahoo! News) - The electric power industry and manufacturers say $4.5 billion in the $787-billion U.S. economic stimulus package will give a crucial boost to "smart grids" that will help the nation save money and electricity.

India Unlikely to Achieve Trade Target For Current Fiscal- Industry Minister (Nasdaq) - (RTTNews) - India may not achieve the $200 billion trade target fixed for the current fiscal, reported the PTI quoting the Minister of State for Industry, Ashwani Kumar in Lok Sabha.

Canadian industry waiting for its ship to come in (National Post) - Just as the government gets set to deploy $40-billion of economic stimuli over the next two years, a report from Industry Canada indicates department programs were unable to spend 10s of millions of dollars allocated last year to boost struggling sectors and improve infrastructure.

Sex-industry entrepreneur arrested in hit-man case (The Fresno Bee) - A California man described as a sex-industry mogul has been arrested in Phoenix in a murder-for-hire investigation. Read comments

Investment and innovation willdrive dairy industry, claims Smith (Irish Examiner) - NEW investment, additional quota and innovation will drive the dairy industry to greater success in the future, Agriculture Minister Brendan Smith has predicted.

Textile industry applauds "buy American" law (Miami Herald) - The beleaguered textile industry on Tuesday applauded a new "buy American" law sponsored by freshman Rep. Larry Kissell, though it remains unclear how many jobs will be shifted to the United States because of it.

Calif. Sex Industry Mogul Arrested In Hitman Case (CBS 13 Sacramento) - A California man described as a sex-industry mogul has been arrested in Phoenix in a murder-for-hire investigation. Phoenix police say David Elms could face charges of conspiracy to commit murder and additional felonies following his arrest Sunday shortly after he arrived in the Phoenix area from California.

Shenzhen to invest huge sum in industry upgrades (People's Daily) - In 2009, Shenzhen plans to budget 9.08 billion yuan (up by more than 60 percent compared to 2008) for upgrading the city's industry, according to the Shenzhen Municipal Finance Bureau. Shenzhen's arrangement of 9.08 billion yuan for this year will be mainly used to support pillar industries such as the high-tech sector, to accelerate the transformation and upgrade of processing trade ...

Diamond industry's revival hope dashed (rediff.com) - Revival hopes of the diamond industry have been dashed as gems and jewellery manufacturers feel that little help has been provided to them in the Interim Budget for 2009-10.

Company hired to promote metro Detroit film industry (Detroit Free Press) - Film Detroit, a division of the Detroit Metro Convention and Visitors Bureau, has hired a Los Angeles-based public relations firm to promote the metro Detroit's burgeoning movie industry.

 
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