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Former NBA great Baylor sues for water damages, APFN

May 20, 2009 6:29 am | by The Associated Press | News | Comments

LOS ANGELES (AP) — Former NBA great Elgin Baylor is suing an insurance and construction company for water damages to his Beverly Hills mansion.The suit, filed in LA County Superior Court on Tuesday, alleges that Deleware-based Lexington Insurance Company failed to properly investigate Baylor's...

Weekly newspaper gets loan from NC town board, 2nd Ld-Writethru, NC

May 20, 2009 6:29 am | by The Associated Press | News | Comments

CARRBORO, N.C. (AP) — A weekly newspaper asked for a loan and received $50,000 from a North Carolina town so it can print more copies, hire more staff and expand its office.The Carrboro Board of Aldermen approved the loan Tuesday night for the Carrboro Citizen, a two-year-old publication. The money...

Ugly is cool and practical in newest Kia, US

May 20, 2009 6:29 am | by ANN M. JOBAssociated Press | News | Comments

If the name of Kia's new car — the Soul — isn't memorable enough, the look of the five-door, small wagon surely is.At 5.3 feet tall, the Soul is a boxy car that's shaped like a Converse high-top sneaker. Its interior is nicely done with a driver's seat that adjusts high for good views out, jazzy...


Death toll hits 7 in Pakistan blast near cinema, 3rd Ld-Writethru, AS

May 20, 2009 6:28 am | by RIAZ KHAN - Associated Press Writer - Associated Press | News | Comments

PESHAWAR, Pakistan (AP) — The death toll in a car bombing near a Pakistani movie theater climbed overnight to seven, police said Saturday, as the military surrounded Taliban strongholds elsewhere in the northwest region bordering Afghanistan.The attack Friday in the main northwestern city of...

Eco-Boosting Fuel Economy

May 20, 2009 6:25 am | News | Comments

Ford Motor Company (NYSE: F) today marked the start of production of its advanced fuel-efficient EcoBoost engines at Cleveland Engine Plant No. 1 - a key step in Ford's plan to deliver leading fuel economy across millions of vehicles.

Beer price overflows for Munich's next Oktoberfest, EU

May 20, 2009 6:22 am | by The Associated Press | News | Comments

BERLIN (AP) — Carousers at Munich's Oktoberfest must reach ever deeper into their pockets to pay for the same liter of beer with a 5 percent price hike this year.Munich Office of Tourism said Wednesday a 2-pint (1-liter) mug of beer will cost between €8.50 (US$11.63) and €8.60 (US$11.78) at the...

Taleo Performance Selected as "Best Human Resources Solution" by the Software & Information Industry Association

May 20, 2009 6:22 am | by The Associated Press | News | Comments () —Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced that Taleo Performance, the company's performance management solution for enterprises, has been chosen by the Software & Information Industry Association (SIIA)...

Daily Times wins records fight against Farmington, 1st Ld-Writethru, NM

May 20, 2009 6:22 am | by The Associated Press | News | Comments

FARMINGTON, N.M. (AP) — Farmington city councilors have voted against appealing a ruling ordering the city to release city manager job applications from two years ago.The state Court of Appeals earlier this month ruled in favor of The Daily Times of Farmington and the New Mexico Foundation for Open...


Amgen spent nearly $2.8M lobbying in 1Q, 1st Ld-Writethru, APFN

May 20, 2009 6:22 am | by The Associated Press | News | Comments

WASHINGTON (AP) — Amgen Inc., the world's largest biotechnology company, spent nearly $2.8 million lobbying in the first quarter as Congress debates a potential system for bringing less expensive copies of pricey biotech drugs to the market.Legislation that could allow the Food and Drug...

Italian foreign minister cancels trip to Iran, 2nd Ld-Writethru, EU

May 20, 2009 6:22 am | by VICTOR L. SIMPSON - Associated Press Writer - Associated Press | News | Comments

ROME (AP) — Italy's foreign minister canceled a trip to Iran on Wednesday for talks on regional security issues, the ministry said.The Foreign Ministry made no mention of reported criticism over the planned trip, nor did it mention Iran's test Wednesday of a missile capable of reaching Israel and...

Con Edison to invest $1.5B in electric system, APFN

May 20, 2009 6:22 am | by The Associated Press | News | Comments

NEW YORK (AP) — The utility Consolidated Edison Company of New York said Wednesday that it will invest $1.5 billion this year to improve its electric delivery system.The plan includes installations of new substations, upgrades to its transmission system and replacing about 2,000 miles of cable.Con...

Stocks show muted reaction to Fed outlook, 12th Ld-Writethru, US

May 20, 2009 6:22 am | by TIM PARADIS - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Investors' optimism about banks wavered Wednesday, erasing most of a big early advance.Energy stocks showed some of the biggest gains after oil topped $62 a barrel for the first time since November. But financials turned mixed after enthusiasm about Bank of America Corp.'s ability...

Futuremed Announces May 2009 Distribution

May 20, 2009 6:22 am | by The Associated Press | News | Comments

Futuremed Healthcare Income Fund (TSX: FMD.UN) today announced the monthly cash distribution for May 2009 has been set at $0.0771 per unit, or $0.925 per unit on an annualized basis.The distribution will be paid on June 16, 2009, to unit holders of record as at May 31, 2009.Futuremed is Canada's...

HL:EnQuest Energy announces sale of non-core Northwell Oilfield assets for C$4.8 million@

May 20, 2009 6:22 am | by The Associated Press | News | Comments

CALGARY — EnQuest Energy Services Corp. (TSXV:ENQ) says it has struck a deal with Terracore Specialty Drilling Ltd. to sell its wholly owned subsidiary, Northwell Oilfield Hauling Ltd. for C$4.8 million.Northwell's assets include primarily oilfield trucking equipment and related contracts.EnQuest...

Veteran Internet Marketing Executive Brian Jensen Named as Vice President of Internet Marketing for Ideal Financial Solutions

May 20, 2009 6:21 am | by GLOBE NEWSWIREAssociated Press | News | Comments

LAS VEGAS, May 20, 2009 (GLOBE NEWSWIRE) — Ideal Financial Solutions, Inc., (Pink Sheets:IFSL) today announced the appointment of Brian Jensen as Vice President of Internet Marketing. Prior to joining Ideal Financial Solutions, Mr. Jensen worked as Vice-President at Search Agency,...


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