Benchmark West Texas Intermediate oil for June delivery gained $3.17 to settle at $111.45 per barrel on the New York Mercantile Exchange. Oil has increased 20% since the beginning of the year as power balance usainvestors anticipated rising global demand and unrest in North Africa and the Middle East threatened oil fields and shipping lanes vital to world supply.TECHNOLOGY Dish Network, EchoStar lose rulingA panel of federal appeals judges has found Dish Network and EchoStar in contempt of court for failing to abide by an injunction barring them from using technology patented by TiVo in older Dish set-top boxes.Google's Schmidt gets big raise Billionaire Eric Schmidt feels more comfortable taking a million-dollar paycheck as Google's former CEO than he did when he was running the Internet's most powerful company.After voluntarily limiting his annual salary to $1 during most of his 10-year reign as Google's CEO, Schmidt is getting a $1.25-million raise in his new job as executive chairman. The bigger paycheck kicked in April 4 when Schmidt was replaced as CEO by Google co-founder Larry Page.The revised compensation package, filed with federal regulators Tuesday, will pay Schmidt an annual bonus of up to $6 million.ENERGY Oil tops $111 a barrel; gas rises, tooOil settled above $111 per barrel Wednesday as the dollar weakened and the government reported an unexpected drop in U.S. crude supplies. Gas pump prices also edged higher to $3.84 for a gallon of regular.Federal labor regulators are accusing Boeing of putting one of its assembly lines for the new 787 in South Carolina to retaliate against union workers who went on strike in 2008.Most 787s are being assembled in Washington state by shop online 2011members of the International Association of Machinists and Aerospace Workers. The union has claimed that a second assembly line was set up at a nonunion plant in North Charleston, S.C
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