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Asian property may keep sliding, analysts say, AS

May 19, 2009 2:32 am | by ALEX KENNEDY - Associated Press Writer - Associated Press | News | Comments

SINGAPORE (AP) — Asian property values may keep sliding this year as the global credit crisis and economic slowdown undermine investor confidence, investors and analysts said."It's going to be another year of pain," Stuart Labrooy, chief executive at real estate investment trust Axis-REIT in Kuala...

Summer brings new life to familiar film franchises, 2nd Ld-Writethru, US

May 19, 2009 2:26 am | by SANDY COHEN - AP Entertainment Writer - Associated Press | News | Comments

LOS ANGELES (AP) — Some movie franchises never die; they just start over.This summer brings new versions of "X-Men," ''Terminator" and "Star Trek" — each revitalized with a tested Tinseltown technique: the origin story."Ultimately, the hook of Hollywood has always been to make (franchise films) the...

NH commission asks FairPoint for more info, NH

May 19, 2009 2:26 am | by The Associated Press | News | Comments

CONCORD, N.H. (AP) — New Hampshire's Public Utilities Commission wants FairPoint Communications to give more information about its management, financial health and the steps it plans to take to improve service.The Concord Monitor reports the commission wants FairPoint's policy on executive...

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3RD LD: Japan to phase out onboard new-flu quarantine inspections+

May 19, 2009 2:26 am | by The Associated Press | News | Comments

TOKYO, May 19 (Kyodo) — (EDS: ADDING INFO IN 2ND-5TH GRAFS)Quarantine inspections to find infection cases of a new strain of influenza aboard airplanes arriving in Japan from North America will be terminated as early as the end of this week after gradually being scaled down, health ministry...

Home Depot shares fall, despite 1Q profit beat

May 19, 2009 2:26 am | by ASHLEY M. HEHER - AP Retail Writer - Associated Press | News | Comments

CHICAGO (AP) — The Home Depot Inc. posted a 44 percent increase in its first-quarter profit on Tuesday, but didn't live up to the market's high expectations a day after rival Lowe's Cos. Inc. boosted its full-year outlook.The volatile housing market continued to drag down revenue and hurt business...

Ford celebrates Ohio plant reopening, 1st Ld-Writethru, US

May 19, 2009 2:26 am | by The Associated Press | News | Comments

BROOK PARK, Ohio (AP) — Ford Motor Co. is holding a grand reopening for a suburban Cleveland engine plant that had been closed for two years.The factory in Brook Park is now producing a new line of fuel-efficient engines that will be standard on the Ford Taurus SHO and optional on the Lincoln MKS...

UK inflation rate drops further in April, 1st Ld-Writethru, EU

May 19, 2009 2:21 am | by The Associated Press | News | Comments

LONDON (AP) — Consumer price inflation in the United Kingdom dropped sharply in April, to 2.3 percent from 2.9 percent in March, due mostly to cheaper gas and electricity, the government reported Tuesday.Vegetable and meat prices led a decline in food costs, whereas prices for cars, fuels and...

Cost to close Fort Monmouth: $1.8B, NJ

May 19, 2009 2:21 am | by The Associated Press | News | Comments

FORT MONMOUTH, N.J. (AP) — The Defense Department says it will cost $1.8 billion to close a New Jersey Army post and move most of its mission to Maryland.The cost has grown nearly $1 billion since the Base Realignment and Closure Commission agreed to shift operations from Fort Monmouth to the...

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Highlights: Sprint, Qwest, Broadcom, Intel and Texas Instruments Business Editors

May 19, 2009 2:20 am | by The Associated Press | News | Comments

CHICAGO-- (BUSINESS WIRE) — May 19, 2009-- Zacks Research Director, Dirk Van Dijk says that S&P 500 earnings are continuing to show red ink. He tracks companies on the Zacks.com web site, naming names, while forecasting trends for the months ahead.Key Points:-- Reported Q1 total net income down...

Nebraska farmers making progress with planting, NE

May 19, 2009 2:20 am | by The Associated Press | News | Comments

LINCOLN, Neb. (AP) — Nebraska farmers have made good progress with planting thanks to the relatively dry weather in the past week.The USDA's National Agricultural Statistics Service says most of the state's farmers are done planting corn. Soybean planting is nearly two-thirds complete.Those were...

5 candidates for UM chancellor interviewed, MS

May 19, 2009 2:20 am | by The Associated Press | News | Comments

JACKSON, Miss. (AP) — The state College Board has interviewed at least five University of Mississippi chancellor candidates.Interviews began Sunday afternoon and continued on Monday.Jennifer Rogers, a spokeswoman for the College Board, said the list of candidates will be shortened this month.Those...

LEAD: Ex-announcer Yorichika dies at 53 after battle with cancer+

May 19, 2009 2:15 am | by The Associated Press | News | Comments

TOKYO, May 19 (Kyodo) — (EDS: ADDING MORE INFO)Mitsuko Yorichika, a former announcer for public broadcaster NHK and commercial station Fuji TV, died Sunday at a hospital in Chiba Prefecture, her family said Tuesday. She was 53.Her management office said she had been receiving treatment for...

Maine legislators reach deal on budget plan, 2nd Ld-Writethru, ME

May 19, 2009 2:15 am | by FRANCIS X. QUINN - Associated Press Writer - Associated Press | News | Comments

AUGUSTA, Maine (AP) — State budget negotiators settled on a $5.8 billion spending plan Tuesday, agreeing a few hours before dawn to scrap a one-time pay cut for state workers and instead rely on government shutdown days to help save funds.In backing away from the pay cut idea, legislative budget...

Lawmakers propose smaller New Castle Co. council, DE

May 19, 2009 2:15 am | by The Associated Press | News | Comments

WILMINGTON, Del. (AP) — Two state lawmakers want to reduce the size of the New Castle County Council.State Representative Michael Ramone and State Senator Karen Peterson announced Monday that they will introduce legislation that would cut the council from 13 seats to nine seats, starting in the...

NH house explodes, bursts into flames, NH

May 19, 2009 2:15 am | by The Associated Press | News | Comments

HUDSON, N.H. (AP) — The state fire marshal is trying to determine the cause of a house explosion and fire in Hudson, N.H.Firefighters and gas company crews were called to the house at about 5 p.m. Monday for a reported odor of gas. WMUR reports Jeffrey Taylor, chief operating officer of Eastern...

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