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MedAssets rises after upgrade on sales growth, APFN

May 22, 2009 6:47 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of hospital software provider MedAssets Inc. rose Friday following an upgrade from a Robert W. Baird analyst, who said he expects sales to get stronger in the second half of 2009 and 2010.Eric Coldwell raised his rating on the stock to "Outperform" from "Neutral," and set a...

China, Hong Kong announce new swine flu cases, 1st Ld-Writethru, AS

May 22, 2009 6:47 am | by TINI TRAN - Associated Press Writer - Associated Press | News | Comments

BEIJING (AP) — The spread of swine flu could speed up with the onset of winter in the southern hemisphere, a World Health Organization expert said Friday as Australia raised its alert level and China and Hong Kong reported new cases.Dr. Julie Hall, a WHO expert on emerging infectious diseases in...

WWE happy to tag Nuggets owner Kroenke as villain, APFN

May 22, 2009 6:47 am | by RACHEL COHEN - AP Sports Writer - Associated Press | News | Comments

NEW YORK (AP) — WWE knows how to conjure up a villain.Less than 24 hours after announcing it was bolting Denver for Los Angeles because of a scheduling conflict, World Wrestling Entertainment was distributing a promotional image of chairman Vince McMahon and Nuggets and Pepsi Center owner Stan...

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Ill. governor to face questions on construction, IL

May 22, 2009 6:47 am | by The Associated Press | News | Comments

SPRINGFIELD, Ill. (AP) — Illinois Gov. Pat Quinn is likely to face questions about the fate of a massive public works program.Quinn has scheduled a news conference Friday morning to discuss high-speed rail. It will be his first public appearance since lawmakers sent him legislation for a...

Job losses up in 44 states as recession drags on

May 22, 2009 6:47 am | by JEANNINE AVERSA - AP Economics Writer - Associated Press | News | Comments

WASHINGTON (AP) — All but six states lost jobs in April and double-digit unemployment persisted in every corner of the country as companies squeezed by the recession slashed payrolls.For the fifth straight month, California led the nation in net job losses, with 63,700 jobs disappearing in April....

Corporation to Participate in Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference Business Editors

May 22, 2009 6:47 am | by The Associated Press | News | Comments

MILWAUKEE-- (BUSINESS WIRE) — May 22, 2009--The Marcus Corporation (NYSE:MCS) today announced it will participate in the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference being held on June 1-2, 2009 in New York City. Gregory S. Marcus, president and chief executive officer, will...

Obama signs bill to cut wasteful defense spending

May 22, 2009 6:46 am | by JULIE PACE - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — President Barack Obama granted the Pentagon new power to rein in wasteful defense spending Friday, a change he said was long overdue.Standing with leading congressional players on the South Lawn of the White House, Obama signed the weapons acquisition overhaul bill, which passed...

African-American military museum to open, MS

May 22, 2009 6:46 am | by TERRY L. JONESAssociated Press | News | Comments

HATTIESBURG, Miss. (AP) — Hattiesburg is welcoming a new addition to its tourism market with the long-awaited grand opening Saturday of the historic USO Club and African-American Military History Museum.The museum will help prove that what is old can be new again."One of the largest trends in...

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Boeing fires up engines on first 787, WA

May 22, 2009 6:46 am | by The Associated Press | News | Comments

EVERETT, Wash. (AP) — Boeing 787 program manager Scott Fancher says he's pleased with the performance of the engines on their first test at Everett.The two Rolls-Royce engines ran for about 40 minutes Thursday at various power settings.The new long-range widebody is going through more tests as it...

New controlling owners for Twins, Blue Jays, 1st Ld-Writethru, BBA

May 22, 2009 6:46 am | by RONALD BLUM - AP Baseball Writer - Associated Press | News | Comments

NEW YORK (AP) — Baseball approved new controlling owners for the Minnesota Twins and Toronto Blue Jays on Thursday — the sons of fathers who died within the last six months.Jim Pohlad succeeded his father as head of the Twins. Carl Pohlad died in January at 93. Jim Pohlad has been in charge of the...

Texas to pump money into troubled institutions, US

May 22, 2009 6:46 am | by The Associated Press | News | Comments

AUSTIN, Texas (AP) — Texas must hire hundreds of new workers, improve living conditions and medical care, and more quickly investigate claims of abuse at the state's large institutions for the mentally disabled, under a settlement with the U.S. Justice Department.Lawmakers on Friday were getting...

Mo. foster children could get free college tuition, 1st Ld-Writethru, MO

May 22, 2009 6:46 am | by The Associated Press | News | Comments

ST. LOUIS (AP) — Some Missouri foster children could receive free tuition to public colleges and universities beginning in fall 2010.Legislation passed last week would provide up to four years of college tuition for foster children in "good academic standing" who complete 100 of community service...

Robust IC Protection

May 22, 2009 6:45 am | Austriamicrosystems | Product Releases | Comments

austriamicrosystems  introduces AS5163, a magnetic rotary encoder IC specifically designed to satisfy stringent automotive requirements in angle sensing applications where robust IC protection is essential.

Severstal says no plans to leave US market, 2nd Ld-Writethru, EU

May 22, 2009 6:41 am | by NATALIYA VASILYEVA - Associated Press Writer - Associated Press | News | Comments

MOSCOW (AP) — Russia's largest steelmaker said Friday it had no immediate plans to sell any of its loss-making U.S. assets and would seek to turn them into profitable ventures.Severstal has been hit hard by weak world steel prices, falling output and big exchange rate losses amid the industry's...

ARCA Biopharma cuts 40 jobs, expects charge, APFN

May 22, 2009 6:41 am | by The Associated Press | News | Comments

NEW YORK (AP) — Biotechnology company ARCA Biopharma Inc. cut about 40 employees in a restructuring move and expects charges of about $1 million during the second quarter, according to a filing with the Securities and Exchange Commission Friday.Shares of the Broomfield, Colo.-based company fell 80...

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