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HL:Nortel awaits decision from Ontario judge on pension payments@

May 28, 2009 3:06 pm | by David Friend@Associated Press | News | Comments

TORONTO — A group of former employees of Nortel Networks Corp. (TSX:NT) are awaiting a decision from a Ontario court judge on Friday that will determine whether their defined benefit pension plans will be paid at a reduced...

UC Santa Barbara Researchers Describe Breakthrough in the Quantum Control of Light

May 28, 2009 3:06 pm | by The Associated Press | News | Comments

ATTENTION: Science editorsSANTA BARBARA, Calif., May 28 (AScribe Newswire) -- Researchers at UC Santa Barbara have recently demonstrated a breakthrough in the quantum control of photons, the energy quanta of light. This is a...

Global Index Reveals Dry IPO Landscape Business Editors

May 28, 2009 3:06 pm | by The Associated Press | News | Comments

TACOMA, Wash.-- (BUSINESS WIRE) — May 28, 2009-- The U.S. share of initial public offerings (IPOs) added to the Russell Global Index has declined from 39.9% in 1998 to 13.7% for the past three quarters."Last year we saw the...

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3rd Illinois resident dies from swine flu, 1st Ld-Writethru, IL

May 28, 2009 2:55 pm | by The Associated Press | News | Comments

GENEVA, Ill. (AP) — A 42-year-old Kane County man has died from complications of swine flu, bringing the number of Illinois deaths related to the virus to three.The man who died Thursday had other medical problems, according...

Lundin Mining Provides Update on Status of Credit Facility

May 28, 2009 2:55 pm | by The Associated Press | News | Comments

Lundin Mining Corporation ("Lundin Mining") (TSX: LUN)(OMX: LUMI) today announced that it is seeking to extend the waiver period for non-compliance with the tangible net worth covenant of the Company's credit facility for a...

US borrowers with good credit fuel foreclosures, 2nd Ld-Writethru, US

May 28, 2009 2:50 pm | by J.W. ELPHINSTONE - AP Real Estate Writer - Associated Press | News | Comments

NEW YORK (AP) — The mortgage crisis is spreading and hitting new heights: Borrowers with good credit now make up the largest share of foreclosures as job losses and pay cuts exact their toll.A record 12 percent of homeowners...

HL:Consultant says B.C. town needs more money from new construction projects@

May 28, 2009 2:50 pm | by Raymond Masleck@Associated Press | News | Comments

TRAIL, B.C. — The city of Rossland, B.C., needs to collect more money from new construction projects to cover growth-related costs over the next two decades, says a consultant.But at a public meeting this week to consider...

Miss. lawmakers move backward in budget discussion, 1st Ld-Writethru, MS

May 28, 2009 2:49 pm | by EMILY WAGSTER PETTUS - Associated Press Writer - Associated Press | News | Comments

JACKSON, Miss. (AP) — Mississippi lawmakers said they did the opposite of what they intended Thursday as House and Senate negotiators moved farther apart, rather than closer together, in their budget talks."We're losing...

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HL:Aid expert says only pennies of foreign aid reaching Afghans@

May 28, 2009 2:49 pm | by Bill Graveland@Associated Press | News | Comments

CALGARY — In a country where government corruption and payoffs are pervasive, only pennies from each aid dollar being sent to Afghanistan are actually reaching the people who need help, an international aid expert said...

Multiracial people become fastest-growing US group, 2nd Ld-Writethru, US

May 28, 2009 2:49 pm | by HOPE YEN - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — Multiracial Americans have become the fastest growing demographic group, wielding an impact on minority growth that challenges traditional notions of race.The number of multiracial people rose 3.4 percent...

Alaska reports first case of swine flu, 1st Ld-Writethru, AK

May 28, 2009 2:49 pm | by DAN JOLING - Associated Press Writer - Associated Press | News | Comments

ANCHORAGE, Alaska (AP) — A middle-age woman from Fairbanks is the first person in Alaska with a confirmed case of swine flu, but where she got it is a mystery.State health officials said Thursday the woman, whose name was...

Ownership by Privet Investments and Lighthouse Lodging Group to Reinvigorate the Napa Valley Marriott Hotel & Spa Business Editors

May 28, 2009 2:49 pm | by The Associated Press | News | Comments

LOS ANGELES-- (BUSINESS WIRE) — May 28, 2009-- Privet Investments LLC and Lighthouse Lodging Group LLC purchased the 274-room Napa Valley Marriott Hotel...

Cabot Oil & Gas to close 2 regional offices, APFN

May 28, 2009 2:49 pm | by The Associated Press | News | Comments

HOUSTON (AP) — Natural gas producer Cabot Oil...

FBI director says Muslim-American relations good, 1st Ld-Writethru, NY

May 28, 2009 2:44 pm | by CAROLYN THOMPSON - Associated Press Writer - Associated Press | News | Comments

BUFFALO, N.Y. (AP) — FBI Director Robert Mueller Thursday acknowledged tension between his department and some in the Muslim-American community over recent anti-terrorism tactics but said cooperation remains strong toward...

Leap Wireless prices $1.1B notes offering, APFN

May 28, 2009 2:44 pm | by The Associated Press | News | Comments

SAN DIEGO (AP) — Prepaid wireless carrier Leap Wireless International Inc. said Thursday that its operating subsidiary, Cricket Communications Inc., has priced its offering of $1.1 billion in senior notes.Cricket is offering...

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