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Proposed May furlough days for NJ state workers, NJ

May 21, 2009 7:52 am | by The Associated Press | News | Comments

Gov. Jon S. Corzine is forcing state workers in New Jersey to unpaid time off to help balance the state's budget, giving many state workers a four-day Memorial Day weekend. Here are the May furlough days and departments:May 22: Administrative Law; Agriculture.; Banking and Insurance; Children and...

Lawmakers seek flexibility for US auto dealers, 3rd Ld-Writethru, US

May 21, 2009 7:52 am | by KEN THOMAS - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — Underperforming Chrysler dealers targeted for closing should get more time to wind down their car dealerships, lawmakers said Thursday, as several groups urged the Obama administration to reconsider its work to restructure the faltering U.S. auto industry.Sen. Kay Bailey...

Owner of Burley plant files for bankruptcy, ID

May 21, 2009 7:52 am | by The Associated Press | News | Comments

BURLEY, Idaho (AP) — The company that operated an ethanol plant in Burley has filed for bankruptcy.California-based Pacific Ethanol Inc. filed for Chapter 11 bankruptcy protection this week. The Burley plant has been shut down since January, leading to the loss of 24 jobs.Paul Koehler, vice...

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Cephalon to raise almost $710M from stock and debt, APFN

May 21, 2009 7:51 am | by The Associated Press | News | Comments

FRAZER, Pa. (AP) — Biotech drugmaker Cephalon Inc. priced its stock and debt offering on Thursday, and raised the amount of money it expects to collect by selling the notes.The company said it now expects to offer $435 million in principal on 2.5 percent convertible senior subordinated notes due in...

Furloughs give NJ workers a longer long weekend, 2nd Ld-Writethru, NJ

May 21, 2009 7:51 am | by ANGELA DELLI SANTI - Associated Press Writer - Associated Press | News | Comments

TRENTON, N.J. (AP) — There's an upside for thousands of furloughed state workers in New Jersey: A longer Memorial Day weekend.The bulk of the state work force will be forced to take unpaid time off on Friday or Tuesday, giving about 44,000 state workers a four-day weekend. However, nobody will get...

International Healthcare Leaders to Share Strategies for Improving Patient Safety, Efficiencies at GS1 Global Standards Summit Healthcare Editors

May 21, 2009 7:51 am | by The Associated Press | News | Comments

LAWRENCEVILLE, N.J.-- (BUSINESS WIRE) — May 21, 2009-- Healthcare leaders from the U.S. and around the world will convene in the nation's capital to discuss standards initiatives to improve patient safety and supply chain efficiency, during the 14th global GS1 Healthcare Conference, June 16 to 18,...

Analyst upgrades Global Payments; shares rise, APFN

May 21, 2009 7:51 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of Global Payments Inc. rose Thursday after an analyst upgraded the payments processing and money transfer services provider amid improving currency trends and potential growth from acquisitions.Robert W. Baird analyst David Koning raised his rating to "Outperform" from...

Fortune Cookie Predicts Danica Patrick's Future Motor Sports Writers/Business Editors/High-Tech Writers

May 21, 2009 7:45 am | by The Associated Press | News | Comments

SCOTTSDALE, Ariz.-- (BUSINESS WIRE) — May 21, 2009-- What do a Chinese restaurant in Kansas and GoDaddy.com have in common? Both apparently have a favorite to win the 93rd running of the Indianapolis 500 race Sunday. It's none other than Go Daddy Girl & IndyCar's Most Popular Driver, Danica...

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Quarterly Dividend Business Editors

May 21, 2009 7:45 am | by The Associated Press | News | Comments

ELKHART, Ind.-- (BUSINESS WIRE) — May 27, 2009-- The Board of Directors of CTS Corporation (NYSE: CTS) announced the second quarter dividend of $0.03 per share, payable July 31, 2009, to shareholders of record at the close of business on June 26, 2009.About CTSCTS is a leading designer and...

HL:Ceres Capital swings to profitabilty as revenue more than doubles@

May 21, 2009 7:45 am | by The Associated Press | News | Comments

CALGARY — Ceres Capital Corp. (TSXV:SRS), an investment company with oil and gas interests, swung to profitability during the first quarter as revenue more than doubled.The Calgary-based company reported Thursday a quarterly profit of $2.1 million or 1.6 cents a basic share for the period ended...

Neb. lawmakers want to join young-offender compact, NE

May 21, 2009 7:45 am | by The Associated Press | News | Comments

LINCOLN, Neb. (AP) — Nebraska lawmakers have voted to join 35 other states in a compact meant to track juveniles who run away from home or move to another state while on probation or parole.Sen. Steve Lathrop of Omaha introduced the bill (LB237) that would add Nebraska to an updated Interstate...

House rejects probe into Pelosi CIA claims, 8th Ld-Writethru, US

May 21, 2009 7:45 am | by ANNE FLAHERTY - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — House Democrats on Thursday defeated a Republican push to investigate House Speaker Nancy Pelosi's assertion that the CIA misled her in 2002 about whether waterboarding had been used against terrorism suspects.Republicans Ron Paul of Texas and Walter Jones of North Carolina joined...

AMC Entertainment restates earnings, MO

May 21, 2009 7:45 am | by The Associated Press | News | Comments

KANSAS CITY, Mo. (AP) — AMC Entertainment Inc., the nation's second-largest theater operator, says an accounting mistake is forcing it to restate its earnings for the year.The Kansas City-based company announced this week in filings with the Securities and Exchange Commission that it was increasing...

Mortgage rates dip, remain above record lows, US

May 21, 2009 7:45 am | by ALAN ZIBEL - AP Real Estate Writer - Associated Press | News | Comments

WASHINGTON (AP) — Rates on 30-year mortgages inched downward this week, remaining below 5 percent for the tenth-consecutive week and just above record lows.Mortgage finance giant Freddie Mac said Thursday that average rates on 30-year fixed-rate mortgages dipped slighly to 4.82 percent this week,...

HL:Onex prepared to raise up to $125M for capital improvements to Las Vegas resort@

May 21, 2009 7:45 am | by Kristine Owram@Associated Press | News | Comments

TORONTO — Onex Corp. (TSX:OCX) is prepared to raise up to $125 million in a rights offering for improvements to the Tropicana casino in Las Vegas, which the conglomerate expects to take over later this year.Onex president and chief executive Gerald Schwartz acknowledged that Las Vegas has been hit...

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