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Meltdown 101: Why is the dollar weakening?, US

May 27, 2009 12:06 pm | by MADLEN READ - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — The U.S. dollar spiked when the economic crisis was peaking, and it's falling now that a recovery's in sight. What gives?The relationship between the country's economy and its currency, it turns out, is more complicated now than ever as the government assumes a larger role in...

Sioux Falls Stockyards to end cattle auctions, 1st Ld-Writethru, SD

May 27, 2009 12:00 pm | by The Associated Press | News | Comments

SIOUX FALLS, S.D. (AP) — The Sioux Falls Stockyards, which is being offered for sale, plans to end cattle auctions next month.The nearly 36 acre site, which has industrial zoning, is listed at $3.5 million. A real estate service says it's an attractive site for redevelopment.Manager Paul Scott says...

Lawmaker to pursue puppy mill bill, 1st Ld-Writethru, OK

May 27, 2009 12:00 pm | by TIM TALLEY - Associated Press Writer - Associated Press | News | Comments

OKLAHOMA CITY (AP) — Legislation that would license animal breeders and impose regulations on their industry failed to win passage in the Legislature this year, but its author said Wednesday the measure remains viable."It's still alive," said Rep. Lee Denney, R-Cushing, a veterinarian who has...

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Jamestown water giveaway snarls traffic, ND

May 27, 2009 12:00 pm | by The Associated Press | News | Comments

JAMESTOWN, N.D. (AP) — A water giveaway in Jamestown snarled traffic and caught police by surprise.The Police Department on Tuesday called in three off-duty and three on-duty officers to direct traffic. National Guard soldiers stationed in Jamestown also helped. Police Chief Dave Donegan says a...

HL:OMT sells Intertain Media to company's CEO for $172,000@

May 27, 2009 12:00 pm | by The Associated Press | News | Comments

WINNIPEG — OMT Inc. (TSXV:OMT), a Winnipeg-based provider of technology to broadcasters and retailers, says it has entered into a letter of intent to sell its Intertain Media Inc. division for $172,500.Intertain sells background music, in-store messaging, on-hold features and digital signage...

Ag futures mostly higher, livestock prices fall

May 27, 2009 12:00 pm | by The Associated Press | News | Comments

CHICAGO (AP) — Agriculture futures were mostly higher Wednesday on the Chicago Board of Trade.Wheat for July delivery gained 4 cents to $6.16 a bushel, while July corn slipped 1.25 cent to $4.2625 a bushel. July oats rose 2 cents to $2.4975 a bushel, and soybeans for July delivery climbed 11 cents...

Shaw Group gets FEMA contract for disasters, 1st Ld-Writethru, LA

May 27, 2009 11:59 am | by The Associated Press | News | Comments

BATON ROUGE, La. (AP) — The Shaw Group Inc. has been awarded a contract of up to $375 million by the federal government for post-disaster services in Louisiana and eight other states, the company said Wednesday.The five-year contract from the Federal Emergency Management Agency also covers Texas,...

HL:Alberta court extends Oilexco's creditor protection to July 7@

May 27, 2009 11:59 am | by The Associated Press | News | Comments

CALGARY — An Alberta court has extended creditor protection for Oilexco Inc. (TSXV:OIL) by 5-1/2 weeks to July 7 but denied its request for permission to participate in the drilling of a well in the U.K. North Sea.Oilexco said the Royal Bank of Scotland PLC, strongly opposed the its application to...

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HL:GobiMin first quarter profits soar to US$38.2 million from $0.5 million on asset disposals@

May 27, 2009 11:59 am | by The Associated Press | News | Comments

TORONTO — GobiMin Inc. (TSXV:GMN), a Toronto-based international junior miner, says its net profits in the first quarter soared to US$38.2 million from $0.5 million as the company booked a large gain from the disposal of its assets in China.GobiMin said Wednesday it earned 54.3 cents a share for...

HL:ATB reports annual profit of $6.4 million, down from $30 million year ago@

May 27, 2009 11:59 am | by The Associated Press | News | Comments

EDMONTON — ATB Financial said Wednesday that performance pay for its senior executives will be cut after it reported a profit of $6.4 million for its most recent financial year, weighed down by a $224.8-million charge related to asset-backed commercial paper.The Alberta financial institution said...

HL:The Canadian Press Budget for Wednesday, May 27, 2009@

May 27, 2009 11:59 am | by The Associated Press | News | Comments

The following is a complete list of coverage plans for top news from The Canadian Press for Wednesday, May 27, 2009. If you have any questions, contact CP's National Desk at 416-507-2150.Copy moves by 18:00 ET unless otherwise noted; all times ET.For queries about non-Canadian Press syndicated...

Calif. wants federal government to back its loans, 1st Ld-Writethru, US

May 27, 2009 11:59 am | by JUDY LIN - Associated Press Writer - Associated Press | News | Comments

SACRAMENTO, Calif. (AP) — If AIG was too big to fail, how about the world's eighth-largest economy?In a move with only one modern-day precedent, California Gov. Arnold Schwarzenegger and Democratic lawmakers are pressing the Obama administration and members of Congress for federal loan guarantees...

Ditch Witch lays off 105 workers, OK

May 27, 2009 11:59 am | by The Associated Press | News | Comments

PERRY, Okla. (AP) — Ditch Witch — a company in Perry that makes underground construction equipment — is laying off 105 of its 1,100 employees.Corporate Services Director Dave Lamerton blamed the layoffs on the global economic recession.He said cost-cutting measures are needed to ensure the...

HSIEC Announces Business Plan Competition

May 27, 2009 11:53 am | by The Associated Press | News | Comments

http://www.hsiec.org () —The Illinois Homeland Security Innovation and Entrepreneurship Center (HSIEC) at Northwestern University today announced a Business Plan Competition for Illinois-based businesses with Homeland Security products and services. Small businesses and start-ups in Illinois may...

NC plans to invest $75M into green energy projects, APFN

May 27, 2009 11:53 am | by The Associated Press | News | Comments

RALEIGH, N.C. (AP) — North Carolina wants to develop green energy projects using $75 million of the state's share of federal stimulus funds.State Energy Office director Larry Shirley said the plan is to promote conservation and efficiency with new technology. The state would work with private and...

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