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Ex-WVa teacher sentenced to 5 years on pot charge, WV

May 27, 2009 4:55 am | by The Associated Press | News | Comments

POINT PLEASANT, W.Va. (AP) — A former Mason County school teacher convicted of growing marijuana will spend five years in a federal prison.U.S. District Judge Chuck Chambers sentenced Kathryn Ann Hemetek of Letart earlier this month in federal court in Huntington. She will serve the sentence at the...

BofA boosts capital by $5.9B via share exchange, 2nd Ld-Writethru, US

May 27, 2009 4:54 am | by STEPHEN BERNARD - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Bank of America Corp. said Wednesday it raised $5.9 billion through the conversion of preferred shares for common stock as part its plan to bolster its capital base.The federal government told the Charlotte, N.C.-based bank that it should raise $33.9 billion in capital to boost its...

More Retailers Forecasting Better Sales

May 27, 2009 4:54 am | by The Associated Press | News | Comments

http://www.retailers.com () —If only current sales matched retailers' rising projections.Michigan retailers' short-term forecasts rose in April for the fifth month in a row, but the number of retailers posting better sales fell for the second consecutive month, according to the Michigan Retail...

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Dueling projects both use stimulus money, KS

May 27, 2009 4:54 am | by The Associated Press | News | Comments

COLUMBUS, Kan. (AP) — Federal taxpayers may pay twice to rebuild a stretch of highway in southeast Kansas.The Environmental Protection Agency has approved spending up to $25 million in federal stimulus dollars to clean up contaminated mining sites in Cherokee County and Jasper County, Mo.Trucks...

Fiscal panel to urge Japan to reform spending, despite economic slump+

May 27, 2009 4:54 am | by The Associated Press | News | Comments

TOKYO, May 27 (Kyodo) — A key panel of the Finance Ministry will next month propose that Japan cling to its ongoing efforts to reform public spending to help restore its fiscal health, despite the strong impact of the global economic crisis, people familiar with the matter said...

United Treatment Centers Announces Its New Freedom Line

May 27, 2009 4:49 am | by The Associated Press | News | Comments

United Treatment Centers, Inc. (PINK SHEETS: UTRM) today announces its disposable version of the Aquafree toothbrush, the Freedom line.After extensive market research we have concluded that while our refillable Aquafree brush has the potential to reach some 90 percent of households and meet their...

American Eagle Outfitters 1Q profit falls by half

May 27, 2009 4:49 am | by The Associated Press | News | Comments

PITTSBURGH (AP) — Teen apparel retailer American Eagle Outfitters Inc. on Wednesday said its first-quarter profit fell by half, but results edged past analyst predictions.The company also said it expected a steep drop in profit in the second quarter based on its current sales trends.Profit for the...

PSC seeks IDs of opponents of coal plant, AR

May 27, 2009 4:49 am | by The Associated Press | News | Comments

LITTLE ROCK, Ark. (AP) — The Arkansas Public Service Commission has scheduled a proceeding to establish the identities of groups and individuals who have signed on to oppose a $1.6 billion coal-fired power plant in Hempstead County.Groups and individuals are to demonstrate at a June 10 hearing why...

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ZENN Motor Company Reports Second Quarter 2009 Results

May 27, 2009 4:43 am | by The Associated Press | News | Comments

ZENN Motor Company Inc. ("ZMC" or the "Company") (TSX VENTURE: ZNN) a leading developer of zero emission transportation solutions and technologies, today announced its financial results for the three and six months ended March 31, 2009. All amounts are expressed in Canadian dollars unless otherwise...

Egypt rejects France Telecom bid for Mobinil, 1st Ld-Writethru, ML

May 27, 2009 4:43 am | by TAREK EL-TABLAWY - AP Business Writer - Associated Press | News | Comments

CAIRO (AP) — Egypt's market regulator has rejected France Telecom's bid to buy outstanding shares of mobile phone service provider Mobinil, saying the purchase offer was unfair to the various shareholders.The decision by the Capital Market Authority, posted Wednesday on its Web site, marked the...

Bristow buys stake in Brazilian helicopter company, 2nd Ld-Writethru, US

May 27, 2009 4:42 am | by The Associated Press | News | Comments

HOUSTON (AP) — Bristow Group Inc., which provides helicopter airlift services to offshore oil rigs, said Wednesday it has acquired a minority stake in a Brazilian helicopter and aviation services company in a deal aimed at capitalizing on South America's growing oil business.Houston-based Bristow...

Kuwaiti oil officials don't expect an OPEC cut, ML

May 27, 2009 4:37 am | by The Associated Press | News | Comments

KUWAIT CITY (AP) — Kuwait's oil officials say there is no need for OPEC to cut production and that the organization's talks in Vienna will focus on its members complying with quotas.Khaled Boudai, from the country's Supreme Petroleum Council, says a cut would not be justified with oil selling for...

Russia sounds cautious note on NKorea resolution, 3rd Ld-Writethru, EU

May 27, 2009 4:37 am | by STEVE GUTTERMAN - Associated Press Writer - Associated Press | News | Comments

MOSCOW (AP) — World powers must be firm with a belligerent North Korea but also take care to avoid inflaming tensions further, Russia's foreign minister said Wednesday.The world "must not rush to punish North Korea just for punishment's sake," Foreign Minister Sergey Lavrov said, adding that Russia...

HL:Grey Island Systems posts record $6.35 million revenue in second quarter@

May 27, 2009 4:36 am | by The Associated Press | News | Comments

TORONTO — Grey Island Systems International Inc. (TSXV:GIS) posted Wednesday a $282,000 second-quarter profit, far above the $58,000 it reported in the prior-year period as revenues improved substantially.The producer of real-time GPS and telematics logistics for transport fleets said its revenue...

Chickasaw Nation to bid on Remington, 1st Ld-Writethru, OK

May 27, 2009 4:36 am | by The Associated Press | News | Comments

OKLAHOMA CITY (AP) — Chickasaw Nation Gov. Bill Anoatubby says a subsidiary of the tribe will try to buy Remington Park racetrack and casino in Oklahoma City.Anoatubby told The Oklahoman in a copyright story Wednesday that the tribe's Global Gaming Solutions will do all it can to buy the facility...

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