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Daily Summary May 26, 2009. MIDWEST CATTLE Direct Trade: Slaughter cattle trade in the Five Major Marketing Areas, Texas/Oklahoma;, WI

May 26, 2009 2:04 pm | by The Associated Press | News | Comments

Kansas; Nebraska; Colorado; Iowa/Minnesota. Not enough sales for an adequatemarket trend.Steers: Live basis; (all Grades: 0 head).Dressed Basis; (all Grades: 0 head).Heifers: Live Basis; (all Grades: 0 head).Dressed Basis; (all Grades: 0 head). Auction markets:Dunlap, IA Slaughter Cattle Auction...

Gulfside Minerals Ltd.: Erdenetsogt Property Update

May 26, 2009 2:04 pm | by The Associated Press | News | Comments

GULFSIDE MINERALS LTD. (TSX VENTURE: GMG) ("Gulfside" or the "Company") is issuing the following news release to update our disclosure relating to the Erdenetsogt Coal Property in Mongolia.Gulfside was required to file a National Instrument (NI) 43-101 Technical Report not later than 45 days from...

Sotomayor has pragmatic record in business cases, US

May 26, 2009 2:04 pm | by CHRISTOPHER S. RUGABER - AP Economics Writer - Associated Press | News | Comments

WASHINGTON (AP) — Sonia Sotomayor, President Barack Obama's choice for the Supreme Court, has compiled a balanced record on business issues that is hard to pin down, legal experts said.As with David Souter, the justice she would replace if approved by the Senate, Sotomayor's stances as an appeals...

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Company lays off more workers in North Dakota town, APFN

May 26, 2009 2:04 pm | by BLAKE NICHOLSON - Associated Press Writer - Associated Press | News | Comments

BISMARCK, N.D. (AP) — A plant that has provided jobs in the southeastern North Dakota town of Oakes for decades is down to about five dozen workers after another round of layoffs.JLG Industries Inc., which makes aerial work platform lifts for commercial and military use, on Friday notified 23...

Earnings roundup: Take-Two, Terremark, APFN

May 26, 2009 2:04 pm | by The Associated Press | News | Comments

Among the earnings stories for Tuesday, May 26, from AP Financial News:NEW YORK (AP) — Take-Two Interactive Software Inc. reported a loss for the fiscal second quarter as revenue fell by 57 percent in part due to the absence of a blockbuster video game release.MIAMI (AP) — Terremark Worldwide Inc.,...

A look at the 7 core state government functions, MI

May 26, 2009 2:04 pm | by The Associated Press | News | Comments

The seven core state government functions identified by Lt. Gov. John Cherry and a work group made up of executive office staff and others from state departments:1. Public safety, including police and corrections, during normal times and during crises or disasters.2. Education, from early childhood...

SC Gov. Sanford questions $700M stimulus deadline, 8th Ld-Writethru, SC

May 26, 2009 2:04 pm | by JIM DAVENPORT - Associated Press Writer - Associated Press | News | Comments

COLUMBIA, S.C. (AP) — South Carolina Gov. Mark Sanford doesn't believe a federal deadline looms for him to seek $700 million in stimulus money for struggling schools, according to his spokesman, and his critics said Tuesday they're worried the money will disappear.Meanwhile, cases that could force...

HL:Swine flu vaccine decisions likely to be delayed as long as possible: experts@

May 26, 2009 2:04 pm | by Helen Branswell@Associated Press | News | Comments

TORONTO — International public health officials signalled Tuesday they are playing for time on the thorny questions of how much swine flu vaccine to make and then whether to use it.Officials of the World Health Organization and the U.S. Centers for Disease Control acknowledged they hope to put off...

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Execs accused in Carolina Investors, HomeGold case, 1st Ld-Writethru, SC

May 26, 2009 2:04 pm | by The Associated Press | News | Comments

Executives implicated in the collapse of Carolina Investors and HomeGold Financial Inc.:— Jack Sterling, former HomeGold chairman and chief executive convicted in March of securities fraud and sentenced to five years in prison. Out on bail as he appeals.— Karen Miller, former HomeGold chief...

Schwarzenegger details $5.5B more cuts to budget, 1st Ld-Writethru, US

May 26, 2009 2:03 pm | by SAMANTHA YOUNG - Associated Press Writer - Associated Press | News | Comments

SACRAMENTO, Calif. (AP) — Gov. Arnold Schwarzenegger on Tuesday proposed eliminating welfare for 500,000 families and terminating health coverage for nearly 1 million children to help close the state's ballooning budget deficit.The Republican governor's administration released details of $5.5...

GM says bondholder offer fails; bankruptcy likely, 8th Ld-Writethru, US

May 26, 2009 2:03 pm | by DAN STRUMPF - AP Auto Writers - Associated Press | News | Comments

DETROIT (AP) — A General Motors Corp. bankruptcy filing seemed inevitable after a rebellion by its bondholders forced it to withdraw on Wednesday a plan to swap bond debt for company stock.GM has until Monday to complete a government-ordered restructuring that includes debt reduction, labor cost...

NC House votes for changing tax law for Apple, 2nd Ld-Writethru, NC

May 26, 2009 1:58 pm | by EMERY P. DALESIO - AP Business Writer - Associated Press | News | Comments

RALEIGH, N.C. (AP) — The state House on Tuesday tentatively approved changing how the state's corporate taxes are calculated to welcome a company's $1 billion investment for its East Coast data center, despite worries lawmakers were being dazzled by a corporation dangling a huge project at a time...

HL:Imperial saved up to $1-billion by holding off on Kearl decision: March@

May 26, 2009 1:58 pm | by Lauren Krugel@Associated Press | News | Comments

CALGARY — Holding off on approving construction on the Kearl oilsands mine until Alberta's overheated market cooled off saved Imperial Oil Ltd. (TSX:IMO) as much as $1 billion, the company's chief executive said Tuesday.Imperial's board could have endorsed Kearl six to nine months ago, when labour...

Movers roundup: GM, American Express, APFN

May 26, 2009 1:58 pm | by The Associated Press | News | Comments

Among the stock activity stories for Tuesday, May 26, from AP Financial News:NEW YORK (AP) — Shares of General Motors Corp. fluctuated Tuesday as the automaker detailed a tentative labor agreement with the United Auto Workers, though an important deadline loomed for a deal that would let GM avoid...

Vt. woman donates items from WWII scrap drive, 1st Ld-Writethru, VT

May 26, 2009 1:58 pm | by WILSON RING - Associated Press Writer - Associated Press | News | Comments

MONTPELIER, Vt. (AP) — In the fall of 1942, the United States was at war and civilians supported the effort with a scrap metal drive that found its way into Vermont's Lake Champlain islands where a 13-year-old girl helped lead the way.Nearly seven decades later, that girl, now an 80-year-old...

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