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Goldman Sachs fund successfully concludes tender offer for USJ shares+

May 22, 2009 12:21 am | by The Associated Press | News | Comments

OSAKA, May 22 (Kyodo) — An investment fund affiliated with Goldman Sachs Group Inc. said Friday it has successfully concluded a tender offer to acquire shares in USJ Co., the operator of the Universal Studios Japan theme park in Osaka Prefecture.The investment fund will purchase all of the around...

Pelosi: Nothing more to say on her CIA allegation, 4th Ld-Writethru, US

May 22, 2009 12:21 am | by ANNE FLAHERTY - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — House Speaker Nancy Pelosi said Friday she won't talk any more about her charge that the CIA lied in 2002 about using waterboarding on terrorism suspects."I have made the statement that I'm going to make on this," she told reporters at a Capitol Hill news conference. "I don't have...

British Airways suffers record full-year loss, 3rd Ld-Writethru, EU

May 22, 2009 12:16 am | by ROBERT BARR - Associated Press Writer - Associated Press | News | Comments

LONDON (AP) — British Airways on Friday reported its biggest full-year loss since the former national airline was privatized in 1987, mainly due to soaring fuel costs and weaker demand in recent months.The company lost 375 million pounds ($595 million) in the year ending March 31, compared with a...

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Russia, EU spar over energy supplies at summit, 3rd Ld-Writethru, EU

May 22, 2009 12:16 am | by STEVE GUTTERMAN - Associated Press Writer - Associated Press | News | Comments

MOSCOW (AP) — Russia and the European Union failed to agree Friday on measures to prevent another cutoff of gas supplies to Europe.EU leaders said their summit with Russian President Dmitry Medvedev improved a relationship severely strained by Russia's war with Georgia last summer and a winter gas...

Pate buys McFarland Mall in Tuscaloosa, AL

May 22, 2009 12:10 am | by The Associated Press | News | Comments

TUSCALOOSA, Ala. (AP) — Tuscaloosa developer Stan Pate has purchased the 40-year-old McFarland Mall, once the premier shopping destination in West Alabama.Today, however, the mall has many vacancies and within the last year has lost two of its major stores, Dillard's and Goody's Family...

Longevity of life a mixed blessing for Japanese, AS

May 22, 2009 12:10 am | by MARI YAMAGUCHI - Associated Press Writer - Associated Press | News | Comments

TOKYO (AP) — Japan on Friday welcomed the news it had topped the world longevity ratings, but with its citizens living increasingly longer lives it may soon become hard for the government to find enough young taxpayers to support them.The statistics for 2007 published on Thursday by the World...

2 more Ga. counties added to federal relief list, GA

May 22, 2009 12:10 am | by The Associated Press | News | Comments

ATLANTA (AP) — Residents in Baker and Early counties can now get federal assistance for damage from severe weather that struck the state early this spring.Georgia Emergency Management Agency officials said Thursday that nearly 60 Georgia counties are now part of a federal disaster declaration for...

Key 10-year JGB yield edges up on higher U.S. long-term rates+

May 22, 2009 12:10 am | by The Associated Press | News | Comments

TOKYO, May 22 (Kyodo) — The yield on the benchmark 10-year Japanese government bond closed slightly higher Friday on a surge in U.S. long-term interest rates, although the rise was curbed by directionless trading.In interdealer trading, the yield on the No. 300, 1.5 percent issue gained 0.005...

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State fund to help rural areas gets honor, TN

May 22, 2009 12:10 am | by The Associated Press | News | Comments

NASHVILLE, Tenn. (AP) — A state revolving loan fund has been honored for its economic development achievement.The Tennessee Rural Opportunity Fund has won the 2009 Multi-Community Program Award for populations exceeding 100,000 from the group Business Retention and Expansion International.The $10...

Search to replace Sears begins, GA

May 22, 2009 12:10 am | by The Associated Press | News | Comments

ATLANTA (AP) — Gov. Sonny Perdue says his Judicial Nominating Commission is accepting nominations to fill Leah Ward Sears' seat on the state's top court.Members of the Georgia Bar and the public may submit nominations to former state Attorney General Michael Bowers, head of the 18-member...

April passengers down 7.3 percent at Knox airport, TN

May 22, 2009 12:10 am | by The Associated Press | News | Comments

KNOXVILLE, Tenn. (AP) — Officials at McGhee Tyson Airport say the declining number of passengers may have hit bottom.There was a 7.3 percent decrease in passengers in April compared to April 2008.Metropolitan Knoxville Airport Authority president Bill Marrison says the figure means the airport is...

Tenn. receives $99 million to lower home utilities, 1st Ld-Writethru, TN

May 22, 2009 12:10 am | by The Associated Press | News | Comments

NASHVILLE, Tenn. (AP) — A Tennessee program that works to help homeowners lower their utility bills is expected to receive a tenfold increase over its current budget.The Tennessean reports the federal government will inject $99 million into the state's Weatherization Assistance Program this...

Transportation board chooses 41 stimulus projects, GA

May 22, 2009 12:05 am | by The Associated Press | News | Comments

ATLANTA (AP) — Georgia's Transportation Board says it has selected 41 projects valued at $138 million to be completed with federal economic stimulus money.The board says the projects include resurfacing of Interstate 575, north of Atlanta. It says bids will be opened on June 19 for projects to be...

Stimulus could offset looming W.Va. budget cuts, 1st Ld-Writethru, WV

May 22, 2009 12:05 am | by LAWRENCE MESSINA - Associated Press Writer - Associated Press | News | Comments

CHARLESTON, W.Va. (AP) — West Virginia is looking to offset nearly $200 million in needed budget cuts with at least $34 million from its share of federal stimulus funds.Lawmakers and Gov. Joe Manchin's office say the temporary federal dollars should help cushion the blow, but add that most agencies...

NC jobless rate for April stable at 10.8 percent, APFN

May 22, 2009 12:05 am | by EMERY P. DALESIO - AP Business Writer - Associated Press | News | Comments

RALEIGH, N.C. (AP) — North Carolina's jobless rate for April was unchanged at 10.8 percent, marking a third straight month the rate was nearly flat and offering hope that the worst of the state's job losses may be over, the state Employment Security Commission reported Friday.North Carolina's...

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