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Progressive settles over wrong Mass. rate quotes, 2nd Ld-Writethru, US

May 26, 2009 1:31 pm | by The Associated Press | News | Comments

BOSTON (AP) — The Progressive insurance company is paying the state $120,000 and reimbursing customers after volunteering that its Web site had provided inaccurate rate comparisons.The Ohio-based Progressive Casualty Insurance Co. began selling policies in Massachusetts on May 1, 2008, as part of...

Company Adds Design & Manufacturing In US

May 26, 2009 1:31 pm | News | Comments

PI (Physik Instrumente) is ramping up its manufacturing capabilities in the US. Last year, the company hired Philip Greene as VP of Engineering and Manufacturing.     

HL:Laws same, enforcement techniques different at Cdn, Mexican borders: U.S. official@

May 26, 2009 1:26 pm | by Adelle Loiselle@Associated Press | News | Comments

DETROIT — A senior U.S. official who earlier stoked concerns that Canada's border would be treated no different than Mexico's said Tuesday that while the law governing the crossings is the same, the techniques used to implement it will be different.U.S. Homeland Security Secretary Janet...

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Lee Co. authorities investigate shooting death, MS

May 26, 2009 1:26 pm | by The Associated Press | News | Comments

SHANNON, Miss. (AP) — An Okolona man faces a murder charge stemming from a shooting in southwest Lee County.Authorities say 26-year-old Marcus D. Randle of Okolona is accused in the death of 67-year-old Walter Shumpert, a resident of Lee County.During a news conference Tuesday, Sheriff Jim Johnson...

Texas conference committee adopts budget, APFN

May 26, 2009 1:26 pm | by The Associated Press | News | Comments

AUSTIN, Texas (AP) — A Texas House-Senate team of negotiators has signed off on the 2010-2011 state budget.The massive document, officially adopted by the committee Tuesday, spends more than $182 billion on state agencies and programs over the next two years.The budget next goes to each chamber for...

Synergex Announces Date of Upcoming Shareholders' Meeting

May 26, 2009 1:26 pm | by The Associated Press | News | Comments

Synergex Corporation ("Synergex" or the "Company") (TSX: SYX) announces today that its annual meeting (the "Meeting") of shareholders will be held at the offices of Synergex, 1280 Courtneypark Drive East, Mississauga, Ontario L5T 1N6 at 4:00 p.m. (Toronto time) on June 30, 2009. The record date for...

Fitch Rates Atlanta, Georgia Water & Sewer Revs 'BBB+' Business Editors

May 26, 2009 1:26 pm | by The Associated Press | News | Comments

NEW YORK-- (BUSINESS WIRE) — May 26, 2009-- Fitch Ratings assigns a 'BBB+' underlying rating to Atlanta, GA's (the city) approximately $600 million water and wastewater revenue bonds, series 2009A. The bonds are scheduled for competitive sale on June 8, 2009. Bond proceeds will be used to retire...

Officials: More might need help evacuating in 2009, 2nd Ld-Writethru, LA

May 26, 2009 1:26 pm | by BECKY BOHRER - Associated Press Writer - Associated Press | News | Comments

PICAYUNE, Miss. (AP) — The sour economy might force more people to seek government help evacuating coastal Louisiana ahead of a hurricane this year, officials said Tuesday.Louisiana is planning for some 50,000 people needing to leave on government-secured buses, trains or planes if a mass...

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Redwood Trust offers 13 million shares of stock, APFN

May 26, 2009 1:26 pm | by The Associated Press | News | Comments

MILL VALLEY, Calif. (AP) — Redwood Trust Inc., a real estate investment trust, said Tuesday it plans to offer 13 million shares of common stock.The company plans to use the proceeds to acquire residential and commercial real estate loans and mortgage securities. It may also be used to invest with...

HL:Canada's broadcasters, regulators need to compromise to save industry: observers@

May 26, 2009 1:26 pm | by David Friend@Associated Press | News | Comments

TORONTO — Canada's broadcasting industry is at a tipping point as it endures both technological shifts and economic challenges that have left it in a precarious financial position, industry observers say.However, private broadcasters like Global and CTV shouldn't be forced to jump through further...

Army chief: Troops could be in Iraq after 2012, US

May 26, 2009 1:25 pm | by TOM CURLEY - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — The United States could have fighting forces in Iraq and Afghanistan for a decade, the top Army officer said, even though a signed agreement requires all U.S. forces to be out of Iraq by 2012.Gen. George Casey, Army chief of staff, said Tuesday his planning envisions combat troops...

C-O-I-N-C-I-D-E-N-C-E? Spellers united by dreams, 2nd Ld-Writethru, US

May 26, 2009 1:25 pm | by JOSEPH WHITE - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — The reigning national spelling champion is a 14-year-old kid whose one-liners kept everyone laughing a year ago. His parents moved to the United States from central India, and he wants to be a neurosurgeon when he grows up.Last year's runner-up — and one of this year's favorites...

HL:TSX Venture Exchange closed at 1,097.16 up 0.73 point@

May 26, 2009 1:20 pm | by The Associated Press | News | Comments

TORONTO — The TSX Venture Exchange settled at 1,097.16 up 0.73 point Tuesday. The volume at 5 p.m. was 170.75 million shares.Among the most active companies, Gallic Energy Ltd. (TSXV:GLE.A) dipped half a cent to 1.5 cents, Stem Cell Therapeutics Corp. (TSXV:SSS) half a cent to 9.5 cents; Raytec...

Strong 7-year note auction lifts Treasury prices, 1st Ld-Writethru, US

May 26, 2009 1:20 pm | by SARA LEPRO - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Long-term borrowing rates fell back on Thursday as investors returned in numbers to pick up newly issued Treasury notes.The 10-year Treasury note — a widely used benchmark for home mortgages and other kinds of consumer loans — gained nearly a point, sending its yield back down to...

Correction: Health-care lobbyist story, CORRECTIVE, US

May 26, 2009 1:20 pm | by The Associated Press | News | Comments

WASHINGTON (AP) — In a May 24 story about a top lobbyist's role in the overhaul of health care, The Associated Press reported erroneously the year that Karen Ignagni and another lobbyist, Chip Kahn, were candidates for the same job. They were competing for the same post in 2000, not 2003.

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