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Health insurer suggests ways to save gov't $500B, 5th Ld-Writethru, US

May 27, 2009 8:10 am | by ERICA WERNER - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — A major health insurer says the government can save more than $500 billion in Medicare spending by sending patients to less expensive, more efficient doctors, reducing hospital visits by the elderly and cutting unnecessary care.Those are among 15 suggestions made Wednesday by...

W.Va. lawmakers mull mental health veto, 1st Ld-Writethru, WV

May 27, 2009 8:10 am | by TOM BREEN - Associated Press Writer - Associated Press | News | Comments

CHARLESTON, W.Va. (AP) — When Gov. Joe Manchin vetoed a bill earlier this month that would increase funding for some providers of mental health care, he took pains to point out his alternative proposal, which he believes will better fulfill the bill's intent.As lawmakers and health care providers...

McDonald's CEO says momentum continuing in 2009, APFN

May 27, 2009 8:10 am | by LAUREN SHEPHERD - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — McDonald's Corp. shareholders voted Wednesday at the hamburger chain's annual meeting against two stockholder proposals, including one that would have mandated the company use only cage-free eggs in its U.S. operations.Cage-free eggs come from hens not caged in small enclosures...

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Revolutionary Cross-Border Fuel Processing Deal Business Editors

May 27, 2009 8:09 am | by The Associated Press | News | Comments

CHATTANOOGA, Tenn.-- (BUSINESS WIRE) — May 27, 2009-- TransCard (www.transcard.com) - a leading provider of prepaid debit card solutions branded with MasterCard(R), Discover(R) Network and STAR associations - has launched a first-of-its-kind fuel card network for Mexico and Latin America. The...

American Eagle expands Kansas service, KS

May 27, 2009 8:04 am | by The Associated Press | News | Comments

MANHATTAN, Kan. (AP) — American Eagle Airlines is expanding air service to Manhattan, Kan., as the Fort Riley Army base there continues to expand and the National Bio and Agro-Defense Facility is built.The regional affiliate of American Airlines will offer two daily nonstop flights from Manhattan...

Azteca Gold Corp.: Target Intersected at Two Mile

May 27, 2009 8:04 am | by The Associated Press | News | Comments

Matthew Russell, President of Azteca Gold Corp. (TSX VENTURE: AZG) (the "Company") wishes to provide an update on exploration activities at the Two Mile Project in the Silver Valley of Idaho, as well as announce a proposed interim financing.The Company is pleased to report the intersection of its...

Ameristar closes private offerings of $650M notes, APFN

May 27, 2009 8:04 am | by The Associated Press | News | Comments

LAS VEGAS (AP) — Ameristar Casinos Inc. said Wednesday that it closed private offerings of senior unsecured notes totaling $650 million.The casino operator said it used the estimated $620 million in proceeds to prepay and retire part of the outstanding revolving loans and revolving loan commitments...

Nutro recalls cat food because of production error, US

May 27, 2009 8:03 am | by The Associated Press | News | Comments

FRANKLIN, Tenn. (AP) — Nutro Products is announcing a voluntary recall of dry cat foods because a production error led to incorrect levels of zinc and potassium in the food.The Franklin-based company is recalling products in the U.S. and 10 other countries that had "best if used by dates" between...

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Moody's still expects to downgrade Pfizer rating, APFN

May 27, 2009 8:03 am | by The Associated Press | News | Comments

NEW YORK (AP) — Moody's Investors Service on Wednesday assigned investment-grade ratings to Pfizer Inc.'s latest offering of senior notes, but the ratings agency said it still expects to lower its overall rating on the drugmaker.Moody's gave a rating of "Aa2" to Pfizer's offering of...

Court to rule on NJ school funding Thursday, NJ

May 27, 2009 8:03 am | by The Associated Press | News | Comments

TRENTON, N.J. (AP) — New Jersey's Supreme Court is set to rule on a new school funding formula Thursday.The plan takes the burden off state government to provide special help to some of New Jersey's poorest communities.The court has generally ruled the state has to provide special funding for 31...

HL:African oil and gas company to buy Mart Resources@

May 27, 2009 8:03 am | by The Associated Press | News | Comments

CALGARY — An unidentified private African oil and gas company hasconditionally agreed to buy Mart Resources Inc. (TSXV:MMT) in a cash deal that values the Calgary-headquartered company at $41.6 million.Under a letter of intent signed by the two companies, the buyer would pay 14 cents Cdn each for...

Dollar mostly higher as Treasury buying continues, 1st Ld-Writethru, US

May 27, 2009 8:03 am | by The Associated Press | News | Comments

NEW YORK (AP) — Foreigners' demand for U.S. government debt showed no signs of slackening Tuesday, helping shore up the dollar against most of the major currencies Wednesday.The Treasury sold $40 billion in two-year notes on Tuesday. Investors had been worried that if Americans and big Treasury...

Key Technologies For Lithium-Ion Batteries

May 27, 2009 8:03 am | News | Comments

The key to achieving a renewable alternative to fossil fuels for transportation is the development of compact, lightweight, high-efficiency lithium-ion batteries that can perform for years through thousands of charging cycles.

Mich. Senate OKs Cobo plan, but debate continues, 2nd Ld-Writethru, MI

May 27, 2009 7:58 am | by TIM MARTIN - Associated Press Writer - Associated Press | News | Comments

LANSING, Mich. (AP) — A divided state Senate advanced a plan Wednesday aimed at keeping the North American International Auto Show in southeast Michigan, even if it might mean moving the longtime showcase out of Detroit and into the suburbs.Bills to create a regional authority to run and expand the...

Synovis shares jump as 2Q profit rises, APFN

May 27, 2009 7:58 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of Synovis Life Technologies Inc. jumped Wednesday after the medical device maker said its fiscal second-quarter profit jumped 60 percent on sales of tissue regeneration and bleeding control products.The stock gained $1.66, or 11.7 percent, to reach $15.90 in midday trading....

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