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HL:The Canadian Press News Agenda for Friday, May 29@

May 26, 2009 7:34 pm | by The Associated Press | News | Comments

EDITORS:@ Following is a list of news events for May 29 as of 5:28 p.m. ET: x-denotes wire, y-denotes picture, z-denotes graphics coverage. Copy from other events based on merit and availability. All times local unless otherwise noted. Queries about these events and stories in The Canadian Press...

2ND LD: Japan reports trade surplus of 69 billion yen in April+

May 26, 2009 7:24 pm | by The Associated Press | News | Comments

TOKYO, May 27 (Kyodo) — (EDS: ADDING ECONOMIST COMMENTS, DETAILS)Japan reported a trade surplus of 68.95 billion yen in April, down 85.0 percent from a year earlier, amid recent signs of a bottoming out in exports, the Finance Ministry said Wednesday.Exports fell 39.1 percent to 4,196.91 billion...

Caltex to buy ExxonMobil's Australian gas stations, AS

May 26, 2009 7:24 pm | by The Associated Press | News | Comments

SYDNEY, Australia (AP) — Caltex Australia Ltd., the country's largest oil refiner, said Wednesday that it had agreed to buy ExxonMobil Corp.'s Australian gas stations for 300 million Australian dollars ($236 million).The sale is subject to the approval of Australian competition and investment...

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Texas Senate votes for teacher raises, TX

May 26, 2009 7:19 pm | by The Associated Press | News | Comments

AUSTIN, Texas (AP) — Texas public school teachers would get an $800 pay raise under a bill approved by the Texas Senate.The raises are built into a bill that tweaks the state's school funding program. It also would send about $2 billion to school districts over the next two years.The bill approved...

Illinois gets $2.7M for health clinics, IL

May 26, 2009 7:14 pm | by The Associated Press | News | Comments

ROCKFORD, Ill. (AP) — Illinois Attorney General Lisa Madigan says two dozen nonprofit health clinics will split $2.7 million in settlement funds to help buy prescription drugs for low-income patients.Madigan says the money comes from the settlements of consumer protection actions against Caremark...

LEAD: Tokyo stocks rise on economic hopes, upbeat U.S., Japan data+

May 26, 2009 7:09 pm | by The Associated Press | News | Comments

TOKYO, May 27 (Kyodo) — (EDS: ADDING DETAILS AND PRICES)Tokyo stocks rose Wednesday morning following upbeat U.S. consumer confidence data and Japan's April trade data, which reinforced investors' economic hopes.The 225-issue Nikkei Stock Average gained 135.99 points, or 1.46 percent, from Tuesday...

Brevan Howard Asset Management, With $26.8 Billion in Total Assets, Leads Ranking as the Biggest European Hedge Fund Firm

May 26, 2009 7:04 pm | by The Associated Press | News | Comments

http://www.iimagazine.com () —Alpha (http://www.alphamagazine.com/) 's announcement of the 2009 Europe Hedge Fund 50 (http://www.iimagazine.com/rankings/rankingsHeFuRankEurope09.aspx) shows that Europe was not immune to investor angst over hedge funds. A wave of investor withdrawals shapes the...

Police may have to collect racial profiling data, 1st Ld-Writethru, WI

May 26, 2009 7:03 pm | by SCOTT BAUER - Associated Press Writer - Associated Press | News | Comments

MADISON, Wis. (AP) — Every police department in the state, not just those in the most populated counties, would have to track the race of people they pull over starting in 2011 under a new requirement approved by the Legislature's budget committee on Tuesday.The Joint Finance Committee broadened...

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Election law changes questioned, NV

May 26, 2009 6:53 pm | by RACHELLE GINES - Associated Press Writer - Associated Press | News | Comments

CARSON CITY, Nev. (AP) — Nevada lawmakers heard criticism Tuesday of a proposal from the secretary of state's office that would increase penalties for offenses such as intimidating voters and interfering in the conduct of an election.Critics told Senate Legislative Operations and Election Committee...

Boys State elects officers, MS

May 26, 2009 6:53 pm | by The Associated Press | News | Comments

JACKSON, Miss. (AP) — Rob Pyron of Copiah Academy was elected Tuesday as governor in the annual American Legion Boys State on the campus of Copiah-Lincoln Community College in Wesson.Boys State, which runs through Friday, is a program designed to educate high school students about state government...

Private Equity completo la adquisicion de Tiscali International Network Business Editors/Technology Writers

May 26, 2009 6:48 pm | by The Associated Press | News | Comments

MILAN-- (BUSINESS WIRE) — 27 de mayo de 2009-- Tiscali International Network, la antigua rama proveedora de servicios de Tiscali Group y una empresa dedicada exclusivamente a la prestacion de servicios al por mayor, anuncio hoy que se completo su compra por parte de BS Private Equity SpA, una de...

Tokyo stocks rise on economic hopes, upbeat U.S., Japan data+

May 26, 2009 6:37 pm | by The Associated Press | News | Comments

TOKYO, May 27 (Kyodo) — (EDS: TO BE LED)Tokyo stocks rose Wednesday morning following upbeat U.S. consumer confidence data and Japan's April trade data, which reinforced investors' economic hopes.The 225-issue Nikkei Stock Average gained 135.99 points, or 1.46 percent, from Tuesday to 9,446.80. The...

Kyodo economic news summary -9-+

May 26, 2009 6:32 pm | by The Associated Press | News | Comments

TOKYO, May 28 (Kyodo) — ---------- GM Europe to spin off Opel, eyes bridge loan from German gov'tBERLIN - General Motors Europe AG said Wednesday it will spin off Adam Opel GmbH, paving the way for the German unit to receive a bridge loan from the German government amid growing prospects for a...

Jury selection begins in man's drug trial, TX

May 26, 2009 6:27 pm | by The Associated Press | News | Comments

DALLAS (AP) — Jury selection began Tuesday in federal court in the trial of a man accused of dealing drugs that led to the overdose death of a Southern Methodist University student whose body was found in a portable toilet at a construction site near Waco.James McDaniel's defense attorney asked...

Report urges U.S. to maintain nuclear deterrence for allies+

May 26, 2009 6:27 pm | by The Associated Press | News | Comments

WASHINGTON, May 26 (Kyodo) — The United States should continue to provide nuclear deterrence for its allies as failing to do so may lead some of them to build their own nuclear arsenals, a think tank report said Tuesday."U.S. allies, including members of the NATO alliance, Australia, Japan, and...

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