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INDEX:Business, Economy, Finance, Retail, Trade@

May 22, 2009 4:45 am | by The Associated Press | News | Comments

OTTAWA — Retail sales increased for the third straight month in March, rising 0.3 per cent to $33.9 billion, largely on the strength of higher sales at new-car dealers.The volume of retail sales rose 0.7 per cent.Statistics Canada says the three consecutive months of gains in retail sales have not...

Michael Moore's new documentary to open Oct. 2, APFN

May 22, 2009 4:45 am | by The Associated Press | News | Comments

NEW YORK (AP) — Michael Moore's documentary about the economic crisis will hit theaters on Oct. 2.The announcement was made Thursday by Overture Films and Paramount Vantage.The film is not yet titled. Moore earlier planned to make it more broadly about America as an empire. Instead, the documentary...

4TH LD: Japan, Pacific island nations agree to cooperate on climate change+

May 22, 2009 4:45 am | by The Associated Press | News | Comments

SHIMUKAPPU, Japan, May 22 (Kyodo) — (EDS: RECASTING 1ST GRAF, ADDING INFO IN 2ND, 4TH, 6TH AND 13TH GRAFS)The leaders of Japan and Pacific island nations agreed Friday to cooperate in the battle against climate change by forming a "Pacific environment community," as they gathered for a two-day...

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Israeli jets practice as tension with Iran grows, 1st Ld-Writethru, ML

May 22, 2009 4:40 am | by MATTI FRIEDMAN - Associated Press Writer - Associated Press | News | Comments

JERUSALEM (AP) — Israel's air force held a large-scale exercise simulating war on several fronts with enemies that include Iran, Israeli defense officials said Friday.The practice this week involved Israel's entire air arm and was meant to prepare for an all-out war, including missile attacks aimed...

SunTrust analyst upgrades Chico's shares, APFN

May 22, 2009 4:40 am | by The Associated Press | News | Comments

NEW YORK (AP) — A SunTrust Robinson Humphrey analyst on Friday upgraded the shares of Chico's FAS Inc. to "Buy" from "Hold," based on improvement in the clothing retailer's core operations.Analyst Robin Murchison said Chico's looks good compared to its competitors in terms of its price-earnings...

EBay wins court fight against L'Oreal in UK

May 22, 2009 4:40 am | by RAPHAEL G. SATTER - Associated Press Writer - Associated Press | News | Comments

LONDON (AP) — A British court ruled Friday that Internet marketplace eBay is not liable for bogus beauty products sold on its Web site, dealing a blow to cosmetics company L'Oreal's legal campaign against the online auction giant.In a written judgment handed down at London's High Court, Justice...

INDEX:Business, Economy, Finance, Trade, Retail@

May 22, 2009 4:34 am | by The Associated Press | News | Comments

OTTAWA — Retail sales increased for the third straight month in March, rising 0.3 per cent to $33.9 billion. Statistics Canada says higher sales at new-car dealers were the main contributor to this increase. In volume terms, retail sales rose 0.7 per cent.

Romanian economy seen shrinking as jobs get cut, EU

May 22, 2009 4:34 am | by ALINA WOLFE MURRAY - Associated Press Writer - Associated Press | News | Comments

BUCHAREST, Romania (AP) — Unemployment will continue to rise sharply in Romania as the economy is set to shrink this year despite an International Monetary Fund-led bailout loan of euro20 billion ($26.4 billion), an IMF official said Friday.IMF Romania mission chief Jeffrey Franks said economic...

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Belgian police seize massive 12-18 tons of hashish, EU

May 22, 2009 4:34 am | by The Associated Press | News | Comments

BRUSSELS (AP) — Belgian authorities say they have seized between 12 and 18 tons of hashish in a warehouse on the outskirts of Brussels.The public prosecutor's office says police raided the warehouse on Wednesday but yet to determine the exact amount of drugs stored there.The prosecutor's office...

Partnership with Atlantic Provinces and Ducks Unlimited will conserve wildlife habitats, create jobs

May 22, 2009 4:34 am | by The Associated Press | News | Comments

Veterans Affairs Minister Greg Thompson, on behalf of Canada's Environment Minister Jim Prentice, today joined Mac Dunfield from Ducks Unlimited Canada to announce $3 million in Government of Canada funding for the five-year $9 million Atlantic Habitat Partnership Initiative. This important...

ICD-Technologie an Cardio3 BioSciences fur die klinische Studie mit C-Cure@ Stammzellen liefern

May 22, 2009 4:34 am | by The Associated Press | News | Comments

BERLIN-- (BUSINESS WIRE) — 22. Mai 2009-- BIOTRONIK, das Pionierunternehmen bei kabelloser Fernuberwachungstechnik fur Patienten mit Herzgeraten, meldete heute den Abschluss einer Vereinbarung uber partnerschaftliche Zusammenarbeit mit dem belgischen Biotechnologie-Unternehmen Cardio3 BioSciences...

Rich Little to host Aviation Hall induction, US

May 22, 2009 4:29 am | by The Associated Press | News | Comments

DAYTON, Ohio (AP) — Impressionist Rich Little will be master of ceremonies when his friend, the late actor James Stewart, is inducted into the National Aviation Hall of Fame in Ohio.Stewart was a World War II bomber pilot. Carson Greene Jr., president of the Jimmy Stewart Museum in Indiana, Pa.,...

Clinton's sax sold at auction for AIDS research, 1st Ld-Writethru, EU

May 22, 2009 4:29 am | by JILL LAWLESS - Associated Press Writer - Associated Press | News | Comments

CAP D'ANTIBES, France (AP) — Bill Clinton's saxophone and Robert Pattinson's lips have helped a star-studded charity event raise money to fight AIDS.An alto sax signed and donated by the former U.S. president was one of the star lots at the Cinema Against AIDS benefit on the sidelines of the Cannes...

Highlights: TAM, AmBev, Net Servicos, Vivo and Sabesp. Business Editors

May 22, 2009 4:23 am | by The Associated Press | News | Comments

CHICAGO-- (BUSINESS WIRE) — May 22, 2009-- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: TAM (NYSE: TAM),...

Spring Hill announces salary reductions for August, AL

May 22, 2009 4:23 am | by The Associated Press | News | Comments

MOBILE, Ala. (AP) — Spring Hill College's executive committee has adopted a preliminary 2010 budget that calls for salary cuts for administrators and staff.School president, Rev. Gregory S. Lucey, said Thursday salaries for vice presidents would be cut 10 percent, cabinet members 8 percent and...

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