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American States Water stock offering yields $34M, APFN

May 20, 2009 2:07 pm | by The Associated Press | News | Comments

SAN DIMAS, Calif. (AP) — American States Water Co. said on Wednesday that it completed its offering of 1.15 million shares, including 150,000 shares issued on an option for over-allotments.The shares were issued at $31, yielding $34.2 million after fees.The company said it would use the money to...

Dem governors group adds $750,000 more in Va. race, 1st Ld-Writethru, VA

May 20, 2009 2:07 pm | by BOB LEWIS - AP Political Writer - Associated Press | News | Comments

RICHMOND, Va. (AP) — The largest rush of out-of-state cash this early in a Virginia governor's race just got larger with another $750,000 from the Democratic Governors Association.The DGA made the donation Tuesday to Common Sense Virginia, a Virginia political action committee funded solely by DGA....

J & J seeks to arbitrate Schering Remicade deal, 3rd Ld-Writethru, US

May 20, 2009 2:06 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Johnson & Johnson has notified Merck & Co. that it plans to seek arbitration on whether it can pull out of a blockbuster drug partnership with Schering-Plough Corp. as that company sells itself to Merck for $41.1 billion.Merck said in a filing Wednesday with the Securities and...

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Alabama prepaid tuition board will keep paying, 2nd Ld-Writethru, AL

May 20, 2009 2:01 pm | by PHILLIP RAWLS - Associated Press Writer - Associated Press | News | Comments

MONTGOMERY, Ala. (AP) — The board of Alabama's prepaid college tuition program agreed Wednesday to keep paying tuition for the upcoming school year while it seeks a bailout from the Legislature that will take care of 48,000 participants.The board of the Prepaid Affordable College Tuition Plan voted...

Deficit will darken Schwarzenegger's final months, 2nd Ld-Writethru, US

May 20, 2009 2:01 pm | by JULIET WILLIAMS - Associated Press Writer - Associated Press | News | Comments

LOS ANGELES (AP) — Gov. Arnold Schwarzenegger's rise to power six years ago in California's unprecedented recall election was accompanied by expectations that the state's infamously dysfunctional finances would finally be fixed.But now that voters have overwhelmingly rejected a slate of...

Cayman Islands votes on constitution, legislature, CB

May 20, 2009 2:01 pm | by The Associated Press | News | Comments

GEORGE TOWN, Cayman Islands (AP) — Voters in the Cayman Islands on Wednesday were electing a new parliament and deciding whether the British Caribbean territory should have a new constitution.The 43 candidates vying a total of 15 seats in the Legislative Assembly have focused on issues including...

Unions blast Colo. gov. for vetoing lockout bill, 6th Ld-Writethru, CO

May 20, 2009 2:01 pm | by STEVEN K. PAULSON - Associated Press Writer - Associated Press | News | Comments

DENVER (AP) — Colorado union workers say they're angry with Gov. Bill Ritter for vetoing a bill that would have given unemployment benefits to employees locked out during labor disputes.Workers said Wednesday the governor gave grocery chains an unfair advantage in contract talks by barring them...

Burr, Hagan fail to weaken tobacco regulation bill, NC

May 20, 2009 2:01 pm | by MARY CLARE JALONICK - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — A Senate panel has rejected legislation sponsored by North Carolina's two senators that would have weakened efforts to regulate tobacco for the first time.Republican Sen. Richard Burr and Democratic Sen. Kay Hagan offered their alternative bill as an amendment to legislation that...

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Alaska editorials, AK

May 20, 2009 2:00 pm | by The Associated Press | News | Comments

The 4th Avenue Theatre, a landmark of old Anchorage, is out of foreclosure and in the hands of a San Francisco developer. May that developer respect the city's history.We don't expect the old art deco movie house to begin screening first-run films again. The movie memories of many people who grew...

Gevity shareholders OK buyout, APFN

May 20, 2009 2:00 pm | by The Associated Press | News | Comments

BRADENTON, Fla. (AP) — Human resource services company Gevity HR Inc. said Wednesday its shareholders voted to approve a deal for the company to be taken private by TriNet Group Inc.The acquisition was announced in March and is expected to close on June 1. Gevity shareholders will receive $4 in...

NM cutting cash benefits for low-income disabled, NM

May 20, 2009 2:00 pm | by BARRY MASSEY - Associated Press Writer - Associated Press | News | Comments

SANTA FE (AP) — The state plans to cut cash payments to low-income disabled New Mexicans by about one-third starting in July because of budget constraints.Although the federal government is sending billions of dollars of aid to New Mexico as part of an economic stimulus package, state officials and...

HL:TSX Venture Exchange closed at 1,085.64 up 9.15 points@

May 20, 2009 2:00 pm | by The Associated Press | News | Comments

TORONTO — The TSX Venture Exchange settled at 1,085.64 up 9.15 points Wednesday. The volume at 5 p.m. was 177.60 million shares.Among the most active companies, Thelon Ventures Ltd. (TSXV:THV) rose half a cent to five cents, San Gold Corp. (TSXV:SGR) eight cents to $2.26; Stem Cell Therapeutics...

Limiting Work Hours for Medical Residents Would Cost $1.6 Billion Annually, RAND/UCLA Study Finds

May 20, 2009 2:00 pm | by The Associated Press | News | Comments

ATTENTION: Medical, Health Policy editorsSANTA MONICA, Calif., May 20 (AScribe Newswire) -- New recommendations to limit the work hours of medical residents and improve their educational conditions would cost the nation's teaching hospitals about $1.6 billion annually to hire substitute workers,...

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St. Louis election board calls in feds, 3rd Ld-Writethru, MO

May 20, 2009 2:00 pm | by BETSY TAYLOR - Associated Press Writer - Associated Press | News | Comments

ST. LOUIS (AP) — The St. Louis Election Board has asked federal and city authorities to investigate 50 cases of alleged voter fraud from three elections.City Elections Board Director Scott Leiendecker said Wednesday that the alleged fraud was not at levels great enough that it could have changed...

Navy copter crashes into ocean, 3 bodies found, 11th Ld-Writethru, US

May 20, 2009 2:00 pm | by ELLIOT SPAGAT - Associated Press Writer - Associated Press | News | Comments

SAN DIEGO (AP) — Searchers recovered three bodies and scoured the ocean for two more members of a Navy flight crew Wednesday after their helicopter went down in darkness on a training flight, authorities said.The HH-60 Seahawk helicopter took off from the USS Nimitz and crashed at 11:36 p.m....

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