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Energy bill becomes law without gov's signature, APFN

May 27, 2009 11:40 am | by The Associated Press | News | Comments

MONTPELIER, Vt. (AP) — Unhappy with it but unwilling to veto it, Vermont Gov. Jim Douglas is allowing a renewable energy bill to become law.The Republican governor said Wednesday he won't sign the measure, which calls on state utility regulators to set above-market wholesale rates for electric...

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

May 27, 2009 11:40 am | by The Associated Press | News | Comments

BUSINESS EDITORS:@ Here are Canadian Press Business budget lines as of 10 p.m. ET. Plans may change as circumstances warrant.To contact CP Business by email, send messages to business(at)thecanadianpress.com.In addition to the following, a story slugged BC-Federal-Deficit-Economy, 2nd Writethru,...

Company seeks expanded use of Great Salt Lake, 1st Ld-Writethru, UT

May 27, 2009 11:40 am | by MIKE STARK - Associated Press Writer - Associated Press | News | Comments

SALT LAKE CITY (AP) — A company that extracts minerals from the Great Salt Lake said Wednesday it wants to increase its operations.Great Salt Lake Minerals Corp. is asking for approval for solar evaporation ponds on 75,000 acres, mostly along the lake's northwest arm.The company said it is...

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Saks closes private note offering

May 27, 2009 11:40 am | by The Associated Press | News | Comments

NEW YORK (AP) — Luxury department-store operator Saks Inc. said Wednesday it closed its private offering of $120 million of principal amount of convertible notes due in 2013.The private offering of the 7.5 percent notes announced one week ago included the exercise in full of the initial purchasers'...

Byrne announces GOP candidacy for governor in 2010, 4th Ld-Writethru, AL

May 27, 2009 11:34 am | by PHILLIP RAWLS - Associated Press Writer - Associated Press | News | Comments

MONTGOMERY, Ala. (AP) — Two-year college Chancellor Bradley Byrne launched a Republican campaign for governor Wednesday by portraying himself as a "conservative reformer" who would set higher ethical standards for state government."I will not back down," Byrne told supporters on the state Capitol...

KeyCorp to undertake share exchange offer, APFN

May 27, 2009 11:34 am | by The Associated Press | News | Comments

NEW YORK (AP) — KeyCorp is offering to exchange common shares for any of its $1.74 billion of trust preferred securities as it works to meet the government's capital requirements.Earlier this month, the federal government's "stress tests" of the 19 largest U.S. banks showed KeyCorp needs to raise...

RTG Ventures Moving Toward NMTV

May 27, 2009 11:34 am | by The Associated Press | News | Comments

RTGV (OTCBB: RTGV) successfully launched its investor awareness website (http://www.rtgventures.com (http://www.rtgventures.com) ) 6 weeks ago as another milestone toward concluding the Share Exchange Agreement and becoming New Media Television, Inc. (NMTV). The growth engine for the company is new...

HL:Ontario puts forward $2.4B Pan Am Games bid, hopes tourism, jobs will follow@

May 27, 2009 11:34 am | by Romina Maurino@Associated Press | News | Comments

TORONTO — Representatives for Toronto's bid for the 2015 Pan Am Games are hoping a $2.4-billion proposal will be enough to beat the competition and bring new jobs, sports facilities and housing to Ontario.Bid chairman David Peterson handed a copy of 233-page bid book to Ontario Premier Dalton...

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Interior Dept. holds meeting on drilling leases, 1st Ld-Writethru, UT

May 27, 2009 11:34 am | by The Associated Press | News | Comments

VERNAL, Utah (AP) — Hundreds of oil-and-gas field workers and their families complained to a federal official about a decision to void 77 drilling leases that were auctioned off by the Bush administration last year.David Hayes, deputy secretary of the Interior Department, visited Vernal in...

RI home sales pick up while prices plummet, RI

May 27, 2009 11:34 am | by The Associated Press | News | Comments

PROVIDENCE, R.I. (AP) — Sales of single-family homes in Rhode Island picked up slightly last month, offering a glimmer of an economic recovery even as prices slid by roughly 25 percent.A survey by the Rhode Island Association of Realtors released Wednesday showed a 3 percent increase in sales in...

HL:McNeil says NDP misleading N.S. voters with balanced budget promise next year@

May 27, 2009 11:34 am | by Keith Doucette@Associated Press | News | Comments

DARTMOUTH, N.S. — Liberal Leader Stephen McNeil used reporters' questions about the state of the province's books as an opportunity Wednesday to attack a key NDP campaign pledge to balance the budget next year.McNeil accused NDP Leader Darrell Dexter of "not telling the truth" about fiscal...

Conn. state sen. fined for breaking finance laws, 2nd Ld-Writethru, CT

May 27, 2009 11:33 am | by SUSAN HAIGH - Associated Press Writer - Associated Press | News | Comments

HARTFORD, Conn. (AP) — Connecticut elections officials on Wednesday fined a veteran state senator $4,000 after he signed the signatures of his campaign treasurer and deputy treasurer on documents seeking public campaign funds for his 2008 re-election bid.The State Elections Enforcement Commission...

Project FROG Embarks on First Energy-Neutral Solution in New England Business Editors/Education Writers/Environment Writers/Building/Construction Writers/Energy Writers

May 27, 2009 11:33 am | by The Associated Press | News | Comments

SAN FRANCISCO-- (BUSINESS WIRE) — May 27, 2009-- Project FROG (www.projectfrog.com), leading manufacturer of smart building systems, will break ground on a new energy-neutral Center for Science and Global Citizenship at the Watkinson School in Hartford, Conn, on May 27. The building will be the...

CEO of The Hartford rebuked for insurer's slide, 2nd Ld-Writethru, APFN

May 27, 2009 11:33 am | by The Associated Press | News | Comments

HARTFORD, Conn. (AP) — A retiree and shareholder of The Hartford Financial Services Group Inc. rebuked CEO Ramani Ayer at the insurer's annual shareholders meeting Wednesday as the chief executive outlined new steps for the battered company."I want to congratulate you for driving The Hartford into...

Federal grant to help Ky. prepare for pandemic, 2nd Ld-Writethru, KY

May 27, 2009 11:28 am | by BRUCE SCHREINER - Associated Press Writer - Associated Press | News | Comments

LOUISVILLE, Ky. (AP) — University of Louisville researchers backed by a $2.3 million federal grant are planning to deliver a strong dose of preparation to help Kentucky communities respond to pandemic outbreaks.Funding from the Homeland Security Department will help research teams focusing on...

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