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HL:Northstar to pay $5.05 million in settlement with property owners@

May 22, 2009 1:37 pm | by The Associated Press | News | Comments

TORONTO — Northstar Aerospace Inc. (TSX:NAS) said Friday that it has agreed to pay $5.05 million in a settlement with property owners next to its plant in Cambridge, Ont., who had sued the company.The property owners had sought damages for the diminution of property values associated with...

California faces its day of fiscal reckoning

May 22, 2009 1:37 pm | by JULIET WILLIAMS - Associated Press Writer - Associated Press | News | Comments

SACRAMENTO (AP) — The day of reckoning that California has been warned about for years has arrived.The longest recession in generations and the defeat this week of a package of budget-balancing ballot measures are expected to lead to state spending cuts so deep and so painful that they could...

HL:Grandview Gold and Mill City Gold stop exploration on Nevada project@

May 22, 2009 1:31 pm | by The Associated Press | News | Comments

TORONTO — Grandview Gold Inc. (TSX:GVX) and Mill City Gold Corp (TSXV:MC) say they will stop exploration of the Pony Creek/Elliott Dome joint venture property in Nevada because of weak drilling results and difficult capital markets."Grandview completed significant work across all major target areas...

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Boeing subsidiary gets big contract, 3rd Ld-Writethru, WA

May 22, 2009 1:31 pm | by SHANNON DININNY - Associated Press Writer - Associated Press | News | Comments

YAKIMA, Wash. (AP) — A Boeing Co. subsidiary located in the small Columbia River town of Bingen has received a government contract valued at as much as $250 million.That's dramatically more than the $148 million in revenue generated last year by Insitu Inc., a wholly owned subsidiary of Boeing that...

Pixman Announces its Third Quarter Financial Results

May 22, 2009 1:31 pm | by The Associated Press | News | Comments

Pixman MAA1/2dia Nomade inc. (TSX CROISSANCE: PMN) ("la SociAA1/2tAA1/2") a dAA1/2voilAA1/2 les rAA1/2sultats financiers de son troisiAA1/2me trimestre de l'exercice 2009. Le revenu total a atteint 107 438 $, alors que la perte nette se situe AA1/2 1 016 473 $."Nous progressons rapidement dans...

Yingli Green Energy reports 1st-quarter loss, APFN

May 22, 2009 1:31 pm | by The Associated Press | News | Comments

MINNEAPOLIS (AP) — Solar cell maker Yingli Green Energy Holding Co. reported a worse-than-expected first-quarter loss on Friday as the recession and tight credit reduced financing for green energy projects.The company also reduced its guidance for 2009 shipments, and its shares fell.The Baoding,...

2 more colors added to face paint recall, US

May 22, 2009 1:31 pm | by The Associated Press | News | Comments

WASHINGTON (AP) — A nationwide recall of children's face paints is being expanded to two additional colors.The Food and Drug Administration warned consumers last week to stop using six paint colors distributed by Oriental Trading Co. of Omaha, Neb., after reports of rashes and skin irritations. The...

OJ gets new lawyer in Las Vegas; appeal due Tues., NV

May 22, 2009 1:30 pm | by KEN RITTER - Associated Press Writer - Associated Press | News | Comments

LAS VEGAS (AP) — O.J. Simpson has switched lawyers in Nevada on the eve of his appeal to the state Supreme Court to reverse his conviction in an armed hotel room heist.Las Vegas attorney Gabriel Grasso on Friday cited an unspecified rift with Simpson's longtime, Miami-based lawyer, Yale Galanter,...

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Climate Change Message to the Top of the World During Record 19th Everest Ascent Photo Desks/Business Editors/Environment Writers

May 22, 2009 1:25 pm | by The Associated Press | News | Comments

WASHINGTON-- (BUSINESS WIRE) — May 22, 2009-- Utah Resident Apa Sherpa unveiled a banner on the summit of Mount Everest today telling the world to take urgent action on climate change and save his native Himalayas. The banner containing the WWF message - "Stop Climate Change, Let the Himalayas...

Environmentalists appeal Wyoming drilling lawsuit, 1st Ld-Writethru, WY

May 22, 2009 1:25 pm | by The Associated Press | News | Comments

CHEYENNE, Wyo. (AP) — Environmentalists said Friday that they have appealed the dismissal of a lawsuit challenging federal approval of drilling in south-central Wyoming.The U.S. Bureau of Land Management in 2007 decided to allow 2,000 new gas and oil wells in the Atlantic Rim area. Several...

Allegheny Co. asks court to stay reassessment case, PA

May 22, 2009 1:25 pm | by The Associated Press | News | Comments

PITTSBURGH (AP) — Allegheny County is asking the state Supreme Court to temporarily stay its order directing the county to conduct a reassessment in hopes lawmakers will step in.County Executive Dan Onorato says the state's property tax assessment system is broken and should be made uniform across...

St. Lucia PM blames crisis for small wage increase, CB

May 22, 2009 1:24 pm | by The Associated Press | News | Comments

CASTRIES, St. Lucia (AP) — St. Lucia's prime minister says the island is facing an economic crisis and the government cannot increase wages as promised.Stephenson King says he can only offer a 3.5 percent raise. It is 1 percent less than what the island's largest union is demanding. The Trade Union...

S & P cuts McClatchy rating, says debt swap to help, US

May 22, 2009 1:24 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Standard & Poor's Ratings Services on Friday slashed its corporate credit rating on newspaper publisher McClatchy Co. four notches deeper into junk territory after the company offered to buy back $1.15 billion in debt at a fraction of face value.The ratings agency cut the corporate...

HL:TSX Venture Exchange closed at 1,096.51 up 6.66 points @

May 22, 2009 1:13 pm | by The Associated Press | News | Comments

TORONTO — The TSX Venture Exchange settled at 1,096.51 up 6.66 points Friday. The volume at 5 p.m. was 182.60 million shares.Among the most active companies, Thermal Energy International Inc. (TSX:TMG) rose 1.5 cents to 6.5 cents, Merit Mining Inc. (TSXV:MEM) half a cent to 1.5 cents; Avion...

Lawmakers reject vetoes, NV

May 22, 2009 1:13 pm | by BRENDAN RILEY - Associated Press Writer - Associated Press | News | Comments

CARSON CITY, Nev. (AP) — A day after a bill authorizing the state's water engineer to impose higher fees was vetoed by Gov. Jim Gibbons, Nevada lawmakers overrode him and enacted the measure.The Senate voted unanimously to reject Gibbons' veto of AB480. That followed the Assembly's 37-4 override...

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