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HL:Canadian dollar is trading at 89.17 cents US, up 0.16 of a cent at 11 a.m. ET@

May 26, 2009 7:09 am | by The Associated Press | News | Comments

TORONTO — The Canadian dollar traded at 89.17 cents US, up 0.16 of a cent on Tuesday. The U.S. dollar was trading at C$1.1215 down 0.20 of a cent.Pound sterling was at C$1.7869 down 0.12 of cent and US$1.5933, up 0.18 of a cent.The euro was at C$1.5681, down 0.58 of a cent.Quotations provided by...

Maine House set to debate $5.8 billion budget, APFN

May 26, 2009 7:09 am | by The Associated Press | News | Comments

AUGUSTA, Maine (AP) — The Maine House has given a procedural green light for debate on an $5.8 billion state budget.Representatives voted Tuesday morning on the general fund spending package for the coming two years. The budget includes provisions for payless shutdown days for state employees — 10...

Food company to build bakery and create 172 jobs, NC

May 26, 2009 7:09 am | by The Associated Press | News | Comments

RALEIGH, N.C. (AP) — A specialty food company says it plans to build a commercial bakery in central North Carolina that will add more than 170 jobs over the next three years.Nonni's Food Co. said Tuesday it plans to invest $27 million in building a bakery in Yadkinville.The Illinois-based company...

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HL:Petroflow Energy temporarily suspends drilling, lowers its Q1 loss@

May 26, 2009 7:09 am | by The Associated Press | News | Comments

CALGARY — Petroflow Energy Ltd. (TSX:PEF) said Tuesday it has temporarily suspended its drilling activity due to the recession and reported it dramatically lowered its first-quarter loss."The company will continue to be flexible in its capital spending in order to respond to changes in commodity...

Raytheon gets contract for Navy jet radar retrofit, APFN

May 26, 2009 7:08 am | by The Associated Press | News | Comments

EL SEGUNDO, Calif. (AP) — Defense contractor Raytheon Co. said on Tuesday that the Navy has awarded it a $54 million contract to install new advanced radar equipment in existing F/A-18 fighter jets.The Waltham, Mass.-based company said the contract calls for APG-79 radars to be installed to replace...

HL:Petroflow Energy lowers its Q1 loss, temporarily suspends drilling@

May 26, 2009 7:08 am | by The Associated Press | News | Comments

CALGARY — Petroflow Energy Ltd. (TSX:PEF) dramatically lowered its first-quarter loss while sales were down 29 per cent. Net loss was $17,822 or nil a share compared with year-earlier loss $2.2 million or seven cents a share. Revenue was $1.9 million, down from $2.8 million. The oil and gas company...

REMINDER/Canadian Space Agency: Note to Editors

May 26, 2009 7:08 am | by The Associated Press | News | Comments

On May 27th, Canadian Space Agency Astronaut Bob Thirsk will launch on a Russian Soyuz spacecraft from Baikonur, Kazakhstan to begin an historic long-duration spaceflight as a member of the first six-person crew aboard the International Space Station.The Canadian Space Agency in collaboration with...

Appoints Dr. Lars Podlowski to its Board of Directors Business Editors/Energy Editors

May 26, 2009 7:03 am | by The Associated Press | News | Comments

MOUNTAIN VIEW, Calif. & MUNICH, Germany--(BUSINESS WIRE)--May 26, 2009--Skyline Solar, a manufacturer of High Gain Solar (HGS) arrays for the commercial, industrial, government and utility markets, today announced the newest appointment to the Skyline Board of Directors, Dr. Lars Podlowski. Dr....

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Musicians criticize Charlotte Symphony budget cuts, 2nd Ld-Writethru, NC

May 26, 2009 7:03 am | by The Associated Press | News | Comments

CHARLOTTE, N.C. (AP) — Members of the Charlotte Symphony Players' Association have written a letter protesting the Arts & Science Council's decision to cut orchestra funding by more than half.The Charlotte Observer reported Tuesday that the council decided last week to give the Charlotte Symphony...

Bay Area Innovators Use Social Media to Mobilize Young Voters

May 26, 2009 7:03 am | by The Associated Press | News | Comments

http://www.lsfinteractive.com () —Two local new media innovators presented their use of social media tools to mobilize young voters at the Bay Area New Media Summit + Celebration on Friday, April 17, 2009 in San Francisco.David Peck, social media strategist for LSF Interactive, and Hooman Khalili,...

GM mum on dealerships, 1st Ld-Writethru, SD

May 26, 2009 7:03 am | by The Associated Press | News | Comments

SIOUX FALLS, S.D. (AP) — The president of the South Dakota Automobile Dealers Association, Myron Rau, says he has received calls from General Motors dealers who are among 1,124 nationally whose relationship with GM might soon end.But Rau says he won't divulge the number or their identities."It's a...

Historic nomination: Hispanic Sotomayor as justice, 26th Ld-Writethru, US

May 26, 2009 7:03 am | by BEN FELLER - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — Reaching for history, President Barack Obama on Tuesday chose federal appeals judge Sonia Sotomayor to be the first Hispanic justice on the Supreme Court, championing her as a compassionate, seasoned jurist whose against-the-odds life journey affirms the American dream.Republicans...

Rapper T.I. to report to Ark. federal prison, 2nd Ld-Writethru, AR

May 26, 2009 7:02 am | by JON GAMBRELL - Associated Press Writer - Associated Press | News | Comments

FORREST CITY, Ark. (AP) — Police guarded the rural road leading to Forrest City's federal prison complex Tuesday, awaiting the arrival of rapper T.I. to begin serving time on a weapons conviction.Five officers from nearby Forrest City set up a roadblock along Arkansas 1, about a tenth of a mile...

HL:Prices of many metals and minerals could jump to new highs: study@

May 26, 2009 7:02 am | by The Associated Press | News | Comments

TORONTO — A shortage of metal and mineral exploration will create a "severe supply constraint," causing prices to jump to new highs, according to a paper released Tuesday by professional services firm Ernst & Young.Many miners have essentially stopped exploration activities, a decision that will...

Court says no exclusive cable rights in apartments

May 26, 2009 6:56 am | by NEDRA PICKLER - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — Cable companies cannot have exclusive rights to provide service in apartment buildings that they wire, a federal appeals court ruled Tuesday.The decision from the Court of Appeals in Washington upholds a Federal Communications Commission ruling that banned the exclusive agreements...

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