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Recall: 'Jitterbug' cell phones might not call 911, US

May 27, 2009 6:38 am | by The Associated Press | News | Comments

WASHINGTON (AP) — Samsung is voluntarily recalling thousands of "Jitterbug" cell phones because they may fail to connect to emergency 911 service when out of range, according to federal regulators.The Consumer Product Safety Commission says the recall involves about 160,000 Samsung phones.When the...

Standish Announces CHAOS Project Manager Evaluation Product

May 27, 2009 6:37 am | by The Associated Press | News | Comments

The Standish Group announced today a new tool to help organizations improve the success rate of their project management execution. The CHAOS Project Manager Assessment (CPMA) is an appraisal of individual project managers. Using specialized tools, databases, and advisory capabilities, The Standish...

Arcandor workers demand government aid, 1st Ld-Writethru, EU

May 27, 2009 6:37 am | by The Associated Press | News | Comments

BERLIN (AP) — Thousands of employees of troubled retailer Arcandor AG demonstrated in front of Germany's Economy Ministry Wednesday in support of the company's bid for hefty government loan guarantees.The ver.di union estimated that some 7,000 people took part in the protest. Economy Minister...

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Joint Statement on the Canada-U.S. Border

May 27, 2009 6:37 am | by The Associated Press | News | Comments

The Honourable Peter Van Loan, Minister of Public Safety and the Honourable Janet Napolitano, Secretary of Homeland Security recognize the unique nature of the Canada-United States border and share a determination to tackle common threats that we face, including terrorism and organized crime.We are...

Panel considers effect of enrollment changes, 1st Ld-Writethru, AR

May 27, 2009 6:31 am | by The Associated Press | News | Comments

LITTLE ROCK, Ark. (AP) — An Arkansas legislative committee has advanced a measure that calls for a study of isolated school districts with dwindling enrollment and the effect that consolidation with another district would have.The House and Senate Education committees on Tuesday approved the...

RI magistrate endorses nightclub fire settlements, RI

May 27, 2009 6:31 am | by The Associated Press | News | Comments

PROVIDENCE, R.I. (AP) — A federal magistrate judge has recommended that another judge approve more than a dozen settlements reached in lawsuits over a 2003 Rhode Island nightclub fire that killed 100 people.U.S. Magistrate Judge David Martin said in court papers that the agreements in lawsuits...

'Slumdog' filmmakers meet poor kid stars in Mumbai, 3rd Ld-Writethru, AS

May 27, 2009 6:31 am | by ERIKA KINETZ - Associated Press Writer - Associated Press | News | Comments

MUMBAI, India (AP) — The makers of "Slumdog Millionaire" met the film's two impoverished child stars on Wednesday and reassured them they will soon have new homes. But the father of one of the children stormed out, saying the filmmakers have not done enough to help.Rubina Ali, 9, and Azharuddin...

Earnings roundup: Staples, Chico's, APFN

May 27, 2009 6:31 am | by The Associated Press | News | Comments

Among the earnings stories for Wednesday, May 27, from AP Financial News:CHICAGO (AP) — Office-supply chain Staples Inc. said Wednesday its profit sank by a third in the first quarter as higher operating expenses and one-time costs more than outweighed the benefit from last summer's acquisition of...

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Earnings roundup: AutoZone, China Sunergy, APFN

May 27, 2009 6:30 am | by The Associated Press | News | Comments

Among the earnings stories for Wednesday, May 27, from AP Financial News:MEMPHIS, Tenn. (AP) — Automotive-parts retailer AutoZone Inc. said its fiscal third-quarter profit climbed 9 percent, helped by an increase in replacement-part sales as consumers held onto their cars longer.NEW YORK (AP) —...

HL:Magellan Aerospace gets piece of Radarsat satellite development contract@

May 27, 2009 6:30 am | by The Associated Press | News | Comments

TORONTO — The Winnipeg-based Bristol Aerospace division of Magellan Aerospace Corp. (TSX:MAL) has been chosen to design the service module section of new satellites for the Canadian Space Agency.The initial contract, valued at $6 million, is for the Phase B preliminary design of the satellite bus,...

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UBS CEO defends pay rise for investment bankers, EU

May 27, 2009 6:29 am | by The Associated Press | News | Comments

ZURICH (AP) — UBS AG's decision to raise the basic pay of some staff was "necessary" to stop them defecting to rivals, Chief Executive Oswal Gruebel said before a Swiss parliamentary debate Wednesday on whether to put in place a salary cap for the bank.UBS slashed staff bonuses last year in the...

Jeweler Zale posts bigger fiscal 3rd-quarter loss, APFN

May 27, 2009 6:29 am | by The Associated Press | News | Comments

DALLAS (AP) — Jeweler Zale Corp. said Wednesday it posted a bigger fiscal third-quarter loss because of a drop in same-store sales and tough economic conditions that diminished demand for jewelry.Zale posted a loss of $23.2 million, or 73 cents per share, compared with $16.8 million, or 40 cents...

B Of A Boosts Capital By $5.9B

May 27, 2009 6:25 am | News | Comments

Bank of America says it has agreed to exchange $5.9 billion in preferred shares for common stock as part of its plan to bolster its capital base.

Worker accused of bilking Medicare with orders, AL

May 27, 2009 6:19 am | by The Associated Press | News | Comments

MOBILE, Ala. (AP) — A doctor's office employee has been accused of participating in a scheme to get Medicare to pay for electric wheelchairs for patients who did not need them.Dianne Steele, who worked as a secretary and office helper at Coastal Neurological Institute, already agreed to plead...

HL:TSX Venture Exchange up 1.30 points to 1,098.46 at open@

May 27, 2009 6:18 am | by The Associated Press | News | Comments

TORONTO — The TSX Venture Exchange stood at 1,098.46 up 1.30 points from Tuesday's close. The volume at 10 a.m. ET was at 27.93 million shares.

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