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HL:Loonie defies economic wreckage, but that's a bad thing@

May 29, 2009 7:06 am | by Julian Beltrame@Associated Press | News | Comments

OTTAWA — The recession has handed Canada its first double deficit in years but it's what many would consider good news — a suddenly resurgent loonie — that poses the newest economic threat.The Canadian currency rose almost...

at West Broad Village Outdoor Writers/Business Editors

May 29, 2009 7:01 am | by The Associated Press | News | Comments

SEATTLE-- (BUSINESS WIRE) — May 29, 2009-- Recreational Equipment, Inc. (REI), a national retail cooperative providing quality outdoor gear and clothing, today announced plans to open a new store in Richmond, Va. at West...

Sara Lee to spend $130M on Kansas City plant, US

May 29, 2009 7:01 am | by The Associated Press | News | Comments

DOWNERS GROVE, Ill. (AP) — Sara Lee Corp. says it will spend more than $130 million to open a new sliced meat manufacturing facility in Kansas City, Kan.The food maker says the plant in Kansas will have more than 250 jobs...

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FMC Technologies to join S & P 500, shares rise, APFN

May 29, 2009 7:01 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of FMC Technologies Inc. climbed in Friday morning trading, the day after Standard...

Test stand work continuing, 1st Ld-Writethru, MS

May 29, 2009 7:01 am | by J.R. WELSHAssociated Press | News | Comments

BAY ST. LOUIS, Miss. (AP) — A massive steel structure jutting into the sky not far from Interstate 10 is sending the world a message: NASA is taking the next step in hurtling humans back to the moon.Structural work was...

Flextronics starts tender offer worth up to $200M, APFN

May 29, 2009 7:01 am | by The Associated Press | News | Comments

NEW YORK (AP) — Electronics manufacturer Flextronics International Ltd. said Friday it started a tender offer for up to $200 million in senior subordinate notes.The Singapore-based company said it will buy up to $100 million...

Mmm ... raw sewage? Leaks blamed on Krispy Kreme

May 29, 2009 7:01 am | by The Associated Press | News | Comments

FAIRFAX, Va. (AP) — Officials in northern Virginia are blaming Krispy Kreme doughnuts for clogging more than just arteries.Fairfax County says the company has damaged its sewer system by dumping yeast and grease from a plant...

Immigrants rally in Athens over defaced Quran, 3rd Ld-Writethru, EU

May 29, 2009 7:01 am | by ELENA BECATOROS - Associated Press Writer - Associated Press | News | Comments

ATHENS, Greece (AP) — More than 1,000 Muslim immigrants and rights advocates marched peacefully through central Athens Friday to protest a police officer's alleged defacement of an extract of the Quran during an identity...

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European markets trim gains as US turns lower

May 29, 2009 6:55 am | by PAN PYLAS - AP Business Writer - Associated Press | News | Comments

LONDON (AP) — European stock markets trimmed most of their earlier gains Friday as Wall Street turned lower after a smaller-than-anticipated upward revision in first quarter U.S. economic output.In Europe, the FTSE 100 index...

Roundbox Restructure Former Hard Rock Park Business Editors/Entertainment Editors

May 29, 2009 6:55 am | by The Associated Press | News | Comments

DALLAS...

Play canceled at Utah State University, 1st Ld-Writethru, UT

May 29, 2009 6:55 am | by The Associated Press | News | Comments

LOGAN, Utah (AP) — The head of Utah State University's music and theater departments says a recent decision to cancel a play that mentions incest was strictly a business decision.Craig Jessop met last weekend with members of...

JPMorgan revises past earnings per share data, APFN

May 29, 2009 6:55 am | by The Associated Press | News | Comments

NEW YORK (AP) — JPMorgan Chase...

Central Pa. soldier dies in roadside blast in Iraq, PA

May 29, 2009 6:54 am | by The Associated Press | News | Comments

HARRISBURG, Pa. (AP) — A central Pennsylvania soldier serving with the Pennsylvania Army National Guard's 56th Stryker Brigade Combat Team has been killed in action in Iraq.The state Department of Military and Veterans...

GM shares fall below $1 as deadline approaches

May 29, 2009 6:49 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of General Motors Corp. fell below $1 on Friday for the first time in 76 years as the struggling automaker approached a government-imposed restructuring deadline and a likely filing for Chapter 11...

HL:Business staffing plans for Friday, May 29@

May 29, 2009 6:49 am | by The Associated Press | News | Comments

BUSINESS EDITORS:@ Here are CP Business staffing plans as of 4:30 p.m. ET. Plans may change as circumstances warrant.Queries should be addressed to business editor John Valorzi at 416-507-2146 or David Paddon on the business...

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