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Chrysler faces more hearings to get Fiat deal OK'd, 2nd Ld-Writethru, US

May 27, 2009 7:47 pm | by BREE FOWLER - AP Auto Writer - Associated Press | News | Comments

NEW YORK (AP) — Chrysler on Thursday launched into its second day of testimony in its bid to convince a bankruptcy judge that a deal with Italian automaker Fiat is the best way to save itself from liquidation.The automaker needs U.S. Judge Arthur Gonzalez to approve the sale despite protests from a...

Arizona Democratic party has new director, 1st Ld-Writethru, AZ

May 27, 2009 7:41 pm | by The Associated Press | News | Comments

PHOENIX (AP) — The Arizona Democratic party has named a new executive director, state party chair Don Bivens announced Wednesday.Luis Heredia will leave his position as a Union Pacific Railroad spokesman for Arizona and New Mexico to become the state party's new executive director."Arizona...

Momentive anuncia los resultados de la entrega anticipada de las ofertas de intercambio de pagares Business Editors

May 27, 2009 7:35 pm | by The Associated Press | News | Comments

NUEVA YORK-- (BUSINESS WIRE) — 28 de mayo de 2009-- Momentive Performance Materials Inc. ("Momentive") anuncio hoy los resultados, a las 5:00 p.m., hora de la ciudad de Nueva York, del martes 26 de mayo de 2009 (la "fecha de licitacion anticipada"), de sus ofertas de intercambio anunciadas...

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LEAD: Ex-investment firm chief gets 14 yrs for shrimp farm fraud+

May 27, 2009 7:35 pm | by The Associated Press | News | Comments

TOKYO, May 28 (Kyodo) — (EDS: ADDING REASONING FOR SENTENCE IN 3RD, 5TH GRAPHS, ADDING OTHER INFO IN 4TH GRAPH)The Tokyo District Court on Thursday sentenced Isamu Kuroiwa, former chairman of the Tokyo-based investment firm World Ocean Farm, to 14 years in prison for defrauding investors in a...

Momentive Anuncia Resultados do Primeiro Prazo de sua Oferta de Troca de Titulos Business Editors

May 27, 2009 7:35 pm | by The Associated Press | News | Comments

NOVA YORK-- (BUSINESS WIRE) — 28 de Maio de 2009-- A Momentive Performance Materials Inc. ("Momentive") anunciou hoje, quarta-feira, 26 de maio de 2009, as 17:00h, horario de Nova York ("primeiro prazo da proposta"), os resultados de sua oferta privada de troca de titulos ("oferta de troca"),...

Momentive annonce les resultats d'une remise anticipee de ses offres d'echange de billets Business Editors

May 27, 2009 7:35 pm | by The Associated Press | News | Comments

NEW YORK-- (BUSINESS WIRE) — 28 mai 2009-- Momentive Performance Materials Inc. (" Momentive ") a annonce aujourd'hui les resultats, a 17 h, heure de New York, mardi 26 mai 2009 (la " date d'offre anticipee "), de ses offres privees d'echange (les " offres d'echange "), precedemment annoncees,...

Dean discusses health care during Denver stop, 2nd Ld-Writethru, CO

May 27, 2009 7:35 pm | by CHARLES PULLIAM - Associated Press Writer - Associated Press | News | Comments

DENVER (AP) — Former Democratic National Committee Chairman Howard Dean told hundreds of people at a church Wednesday they should urge their U.S. senators to support a health care plan that gives people a choice between having private insurance or universal public care.Dean told the more than 300...

Key 10-year JGB yield rises to 6-month intraday high on fiscal woes+

May 27, 2009 7:30 pm | by The Associated Press | News | Comments

TOKYO, May 28 (Kyodo) — The yield on the benchmark 10-year Japanese government bond rose Thursday morning to a six-month intraday high on higher U.S. long-term interest rates and concern about Japan's fiscal deterioration.In interdealer trading, the yield on the No. 300, 1.5 percent issue gained...

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3RD LD: Obama taps lawyer John Roos as next envoy to Japan+

May 27, 2009 7:24 pm | by The Associated Press | News | Comments

WASHINGTON, May 27 (Kyodo) — (EDS: ADDING INFO)U.S. President Barack Obama said Wednesday he has picked California-based lawyer and major fundraiser John Roos as the next U.S. ambassador to Japan.Obama revealed the pick in a letter to Congress notifying it of his intention to nominate 12 people as...

LEAD: Tokyo stocks flat as strong dollar offsets U.S. recovery woes+

May 27, 2009 7:19 pm | by The Associated Press | News | Comments

TOKYO, May 28 (Kyodo) — (EDS: ADDING DETAILS AND PRICES)Tokyo stocks were mostly flat Thursday morning as unease over a possible delay in a U.S. recovery amid high Treasury yields and General Motors Corp.'s likely bankruptcy was offset by strong exporters lifted by a weaker yen.The 225-issue Nikkei...

Kitzhaber portrait unveiled at Oregon Capitol, 1st Ld-Writethru, OR

May 27, 2009 7:09 pm | by BRAD CAIN - Associated Press Writer - Associated Press | News | Comments

SALEM, Ore. (AP) — The official portrait of former Gov. John Kitzhaber was unveiled at the State Capitol Wednesday night as talk continued to swirl over whether he'll run for the job again in 2010.In brief remarks at the ceremony, Kitzhaber didn't mention any political plans. But interviewed...

Senate passes small business tax cut legislation, TX

May 27, 2009 7:03 pm | by The Associated Press | News | Comments

AUSTIN, Texas (AP) — Small businesses would get a $172 million tax cut over the next two years under legislation that has passed the Texas Senate.Under current law, companies making less than $300,000 in annual revenue are exempt from paying the state franchise tax.The bill approved Wednesday by...

Senate OKs plan to improve troubled state schools, TX

May 27, 2009 6:58 pm | by The Associated Press | News | Comments

AUSTIN, Texas (AP) — The Texas Senate has approved a settlement with the federal Department of Justice to improve living conditions and medical care at the state's large institutions for the developmentally disabled.The vote Wednesday night ratified a $112 million, five-year plan that state...

Southeastern Ky. paper cuts Monday edition, KY

May 27, 2009 6:53 pm | by The Associated Press | News | Comments

MIDDLESBORO, Ky. (AP) — The Daily News in Middlesboro is cutting Monday publication from its six-day schedule, citing the downturn in the economy and the industry.Publisher Tom Spargur says the change for the southeastern Kentucky newspaper is to try to avoid passing large price increases on to...

EVENING NEWS for May 27, 2009, CBS

May 27, 2009 6:53 pm | by Anthony MasonAssociated Press | News | Comments

Blackstone, Dr. Jon LaPook, Kelly Cobiellaxfdcb CBS-EVENING-NEWS-01

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