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SC unemployment rate hits 11.5 percent for April, APFN

May 22, 2009 5:18 am | by MEG KINNARD - Associated Press Writer - Associated Press | News | Comments

COLUMBIA, S.C. (AP) — South Carolina's unemployment rate set a state record high of 11.5 percent in April, the state Employment Security Commission announced Friday.The April rate was again the nation's third highest, behind Michigan (12.9 percent) and Oregon (12.0 percent). South Carolina's...

Blaze guts huge Houston warehouse; no injuries, US

May 22, 2009 5:18 am | by The Associated Press | News | Comments

HOUSTON (AP) — A huge fire lit up the night sky in Houston as it destroyed a massive furniture warehouse. No injuries were reported but the damage was estimated at millions of dollars.The Thursday night fire at the Gallery Furniture warehouse delayed traffic on nearby Interstate 45.Owner Jim...

Throughout May, Festival City offers fun for all ages with an international twist

May 22, 2009 5:13 am | by The Associated Press | News | Comments

This exciting month of Edmonton entertainment (http://www.edmonton.com/for-visitors/festival-city.aspx) launched with Edmonton Youth Week, timed perfectly with the running of the Olympic torch into the city, and it only gets more festive from there.On May 18th for five weeks onward, a wholly...

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HL:Ontario Power Generation fades to $9M Q1 loss: lower output, surging costs@

May 22, 2009 5:13 am | by The Associated Press | News | Comments

TORONTO — Ontario Power Generation Inc. browned out to a loss of $9 million in the first quarter, down from year-earlier net income. The provincial Crown utility cited "a reduction in electricity generation, higher fuel prices, and an increase in expenses related to planned maintenance outages at...

Venezuela police raid opposition broadcaster, LT

May 22, 2009 5:13 am | by The Associated Press | News | Comments

CARACAS, Venezuela (AP) — Police and soldiers on Thursday raided a property belonging to the head of Venezuela's only anti-government news network amid a growing confrontation between the station and President Hugo Chavez's government.Judicial police chief Wilmer Flores Trossel said authorities...

Factory owner held in China fire that killed 13, AS

May 22, 2009 5:13 am | by The Associated Press | News | Comments

BEIJING (AP) — Authorities in southeastern China have detained the owner of an unlicensed headphone factory after a dormitory fire this week killed 13 female workers and seriously injured four others, a local official said Friday.There were no fire exits at the Shantou city factory in Guangdong...

Ahead of the Bell: Whiting downgraded to 'Neutral', APFN

May 22, 2009 5:13 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of Whiting Petroleum Corp. have risen far enough and the company faces growth challenges, said an analyst as he downgraded the company's stock.Since the beginning of March, shares of the energy exploration company have more than doubled to close at $43.44 on Thursday.SunTrust...

BW)(CA-TANG-CAPITAL-PARTNERS)(PPCO.NASDAQ) Tang Capital Partners, LP and Perceptive Life Sciences Master Fund Ltd. File Shareholder Presentation Regarding Penwest Pharmaceuticals C...

May 22, 2009 5:13 am | by The Associated Press | News | Comments

SAN DIEGO & NEW YORK-- (BUSINESS WIRE) — May 22, 2009-- Tang Capital Partners, LP and Perceptive Life Sciences Master Fund Ltd. today announced they recently filed their Shareholder Presentation, discussing their case for change at Penwest Pharmaceuticals Co. (NASDAQ: PPCO), with the Securities and...

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State's largest biodiesel plant working again, 1st Ld-Writethru, OR

May 22, 2009 5:08 am | by The Associated Press | News | Comments

SALEM, Ore. (AP) — Oregon's largest biodiesel plant is rehiring workers after closing down a month ago.SeQuential Pacific Biodiesel in Salem was built to produce 5.8 million gallons per year.But owners could not run the plant at capacity because of a lack of buyers, and had to store 250,000 gallons...

Monsanto lays off 55 Miss. workers, MS

May 22, 2009 5:07 am | by The Associated Press | News | Comments

SCOTT, Miss. (AP) — Monsanto Co. has laid off 55 workers at its Mississippi facilities and restructured some its operations.The world's biggest seed maker has facilities in Scott, Indianola and Hollandale.Monsanto spokeswoman Janice Person says the Hollandale facility will still be used for...

HL:Seaview Energy pays $26.5 million to acquire oil and gas properties in northwest Alberta@

May 22, 2009 5:07 am | by The Associated Press | News | Comments

CALGARY — Seaview Energy Inc. (TSXV:CVU.B), a Calgary-based junior oilpatch company, says it has struck a deal to acquire high quality, long life, oil and gas assets in the Peace River Arch area of northwest Alberta.The pricetag of the deal, announced Friday, is $26.5 million.The effective date of...

Former BlackRock exec joins Evercore as CEO, APFN

May 22, 2009 5:07 am | by The Associated Press | News | Comments

NEW YORK (AP) — Boutique investment banking firm Evercore Partners Inc. said Friday that Ralph Schlosstein has joined the firm as president and chief executive, effective immediately.Schlosstein previously was president and co-founder of financial services firm BlackRock.Evercore said Schlosstein...

Bedford Energy and Saber Industries L.P. Dismiss Lawsuits

May 22, 2009 5:07 am | by The Associated Press | News | Comments

Bedford Energy (PINKSHEETS: BFDE) announces that the company and Saber Industries L.P. have dismissed with prejudice all claims and counterclaims of any kind against each party.The claims resulted from the January 2007 blowout of the Grace 2 well located in the East Chandler Field in Lincoln...

to Save with New Premier Agreements for Airway Clearance Devices Business Editors/Health Writers

May 22, 2009 5:07 am | by The Associated Press | News | Comments

CHARLOTTE, N.C.-- (BUSINESS WIRE) — May 22, 2009--Premier Purchasing Partners, LP, today announced new agreements for airway clearance devices have been awarded to Electromed Inc. of New Prague, Minn.; Hill-Rom Company Inc. of Batesville, Ind.; RespirTech of Saint Paul, Minn.; and Thayer Medical...

Case Study: Manufacturing RC Car Parts With 3D Printing

May 22, 2009 5:06 am | News | Comments

Whether for fun or competition, the operation of the R/C cars depends on a multitude of small parts that need to work reliably and smoothly under tough conditions.  

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