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Friends: Lowder will remain focused on AU, AL

May 29, 2009 2:48 pm | by JOHN ZENOR - AP Sports Writer - Associated Press | News | Comments

MONTGOMERY, Ala. (AP) — Bobby Lowder grew one Birmingham branch into a powerhouse regional bank and himself into a major — and often controversial — power broker at Auburn University.The Colonial BancGroup chief is preparing...

House agrees with small business tax cut, TX

May 29, 2009 2:48 pm | by The Associated Press | News | Comments

AUSTIN, Texas (AP) — The Texas House has voted to agree with the Senate and give a tax break to 40,000 small businesses.Proposed changes to the state's franchise tax — approved in a 144-1 House vote Friday — now go to Gov....

Conn. lawmakers put in OT as session end nears, 5th Ld-Writethru, CT

May 29, 2009 2:43 pm | by SUSAN HAIGH - Associated Press Writer - Associated Press | News | Comments

HARTFORD, Conn. (AP) — Connecticut's General Assembly met in a rare weekend session Saturday, but didn't vote on the largest remaining piece of business — a new two-year budget.Instead, the House of Representatives passed a...

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Cisco to record $130 million tax-related charge

May 29, 2009 2:38 pm | by The Associated Press | News | Comments

tSEATTLE (AP) — Computer networking gear maker Cisco Systems Inc. on Friday said current fourth-quarter earnings per share will be 2 cents to 3 cents lower due to a tax-related charge.San Jose, Calif.-based Cisco said in a...

Tax opponents gear up for Oregon campaign, 1st Ld-Writethru, OR

May 29, 2009 2:38 pm | by BRAD CAIN - Associated Press Writer - Associated Press | News | Comments

SALEM, Ore. (AP) — Several hundred anti-tax increase activists gathered for a daylong conference Friday where speakers urged them to gear up for a likely ballot campaign to block tax hikes proposed by the Democratic-...

Spector gets 19 years to life in prison for murder, CA

May 29, 2009 2:32 pm | by LINDA DEUTSCH - AP Special Correspondent - Associated Press | News | Comments

LOS ANGELES (AP) — With his carefully tailored suit and coifed hair, Phil Spector kept up appearances even as a judge sentenced him to 19 years to life in prison for second-degree murder, consigning the legendary music...

Penn St records show JoePa a millionaire, 3rd Ld-Writethru, FBC

May 29, 2009 2:32 pm | by GENARO C. ARMAS - AP Sports Writer - Associated Press | News | Comments

STATE COLLEGE, Pa. (AP) — Penn State coach Joe Paterno is a millionaire.Records released Friday by the university show the 82-year-old Hall of Famer is Penn State's highest-paid employee, making more than $1.03 million last...

Moody's upgrades packaging industry outlook, APFN

May 29, 2009 2:27 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Moody's Investors Services on Friday boosted its industry sector outlook for the U.S. packaging industry to "stable" from "negative," citing the impact recent corporate combinations and bankruptcies have had...

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Guests for the Sunday TV news shows, US

May 29, 2009 2:27 pm | by The Associated Press | News | Comments

Guest lineup for the Sunday TV news shows:___ABC's "This Week" — Sens. Charles Schumer, D-N.Y., and John Cornyn, R-Texas; Ed Gillespie, former Bush White House counselor.___CBS' "Face the Nation" — Sens. Dianne Feinstein, D-...

Kan. regulators Westar electric rate increase, 1st Ld-Writethru, KS

May 29, 2009 2:27 pm | by JOHN HANNA - Associated Press Writer - Associated Press | News | Comments

TOPEKA, Kan. (AP) — Kansas regulators on Friday approved a $32 million increase in electric rates for Westar Energy Inc., raising customers' monthly bills for the third time this year.The latest increase takes effect Monday...

BAM Split Corp. Announces 2009 Semi-Annual Results

May 29, 2009 2:27 pm | by The Associated Press | News | Comments

BAM Split Corp. (TSX: BNA) announced today that income available for distribution for the six months ended March 31, 2009, was $13.6 million, an increase from $9.5 million for the same period in the prior year. The increase...

Exhibitors gear up for upgraded E3, US

May 29, 2009 2:21 pm | by DERRIK J. LANG - AP Entertainment Writer - Associated Press | News | Comments

LOS ANGELES (AP) — The Electronic Entertainment Expo may be back on the upswing after two years of downsizing, but that doesn't mean the gaming industry's once showy spectacle known as E3 is returning to its heyday of a few...

Public lodges budget requests with La. senators, 1st Ld-Writethru, LA

May 29, 2009 2:21 pm | by MELINDA DESLATTE - Associated Press Writer - Associated Press | News | Comments

BATON ROUGE, La. (AP) — The public took its turn Friday to ask Louisiana's senators for money in next year's budget. And the requests poured in, big and small, but largely centered on health care, which is slated to be cut...

Gov. Crist signs Fla. workers' compensation bill, 1st Ld-Writethru, FL

May 29, 2009 2:21 pm | by BILL KACZOR - Associated Press Writer - Associated Press | News | Comments

TALLAHASSEE, Fla. (AP) — Business interests hailed Gov. Charlie Crist's signing Friday of a bill that will undo a court ruling and restore caps on fees for lawyers who represent workers in compensation appeals for on-the-job...

Revises to Negative the Outlook of the State of California's 'A' Rating Business Editors

May 29, 2009 2:21 pm | by The Associated Press | News | Comments

NEW YORK-- (BUSINESS WIRE) — May 29, 2009-- Fitch Ratings affirms the 'A' long-term general obligation (GO) bond rating on the State of California (the state) and revises the Rating Outlook to Negative from Stable. The...

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