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NE Arkansas working to develop Rock'n'Roll Highway, AR

May 20, 2009 1:55 am | by LARRY STROUDAssociated Press | News | Comments

NEWPORT, Ark. (AP) — Where Elvis Presley walked, adoring fans follow, even more than 30 years after his death — if they just know where to go."What you've got to realize is those folks we're trying to get in here will come to see where Elvis played. He's got the magic — the rest of us don't have,"...

China takes lead in EU talks, 7th Ld-Writethru, EU

May 20, 2009 1:50 am | by AOIFE WHITE - AP Business Writer - Associated Press | News | Comments

PRAGUE (AP) — China took the lead in talks with the European Union on Wednesday, warning Europe not to interfere in its internal affairs and promising to boost imports from the recession-hit bloc.Chinese Premier Wen Jiabao easily shrugged off EU pressure to commit to cutting greenhouse gas...

Schwarzenegger's 3rd budget reform attempt flops, US

May 20, 2009 1:45 am | by JULIET WILLIAMS - Associated Press Writer - Associated Press | News | Comments

LOS ANGELES (AP) — Gov. Arnold Schwarzenegger wanted to permanently fix California's "broken budget system." But three times now he has tried and failed to smooth out the state's roller coaster revenues.Voters on Tuesday resoundingly rejected his latest effort, a package of budget-balancing...

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Bank of England unanimous on monetary easing, 3rd Ld-Writethru, EU

May 20, 2009 1:45 am | by ROBERT BARR - Associated Press Writer - Associated Press | News | Comments

LONDON (AP) — The Bank of England signaled Wednesday that it may inject more money than planned into the economy, though it cannot yet gauge the impact of billions already added through its stimulus policy.The bank announced on May 7 that it would increase its spending by 50 billion pounds ($77.6...

2 hurt when train, car collide in Polk Co., 2nd Ld, FL

May 20, 2009 1:45 am | by The Associated Press | News | Comments

FROSTPROOF, Fla. (AP) — Officials in central Florida say two people taken to the hospital after a freight train collided with a car in Frostproof are in critical condition.The Polk County Sheriff's Office says, three train cars derailed during Wednesday's early morning crash. Traffic deputies...

Japanese makers praise Obama's push on green cars, 2nd Ld-Writethru, AS

May 20, 2009 1:40 am | by YURI KAGEYAMA - AP Business Writer - Associated Press | News | Comments

TOKYO (AP) — Japanese automakers on Wednesday praised President Barack Obama's new rules to push green vehicles and transform the U.S. auto industry — a shift that likely puts Japan's manufacturers at an advantage.Toyota Motor Corp., the maker of the Prius hybrid, which gets 50 miles per gallon in...

New biotech center planned in Md., MD

May 20, 2009 1:35 am | by The Associated Press | News | Comments

ROCKVILLE, Md. (AP) — Commerce officials in Maryland say a new resource for the life sciences sector is expected to open soon in Rockville and Baltimore.Gov. Martin O'Malley announced on Monday the planned opening of the Maryland Biotechnology Center as he prepared for an industry conference in...

AB Svensk Exportkredit: Successful bond from SEK

May 20, 2009 1:35 am | by The Associated Press | News | Comments

SEK, Swedish Export Credit Corporation, has issued a Euro 1.25 billion 5 year benchmark bond. The transaction was very successful and was quickly subscribed by investors from all over the world.The bond is SEK's first transaction on the public markets since September, 2007 and SEK's largest bond...

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LEAD: Japanese economy's worst period probably over: Yosano+

May 20, 2009 1:34 am | by The Associated Press | News | Comments

TOKYO, May 20 (Kyodo) — (EDS: RECASTING. ADDING INFO)The worst period for the Japanese economy may be over, Finance Minister Kaoru Yosano said Wednesday after government data showed the economy suffered the most serious recession in the first quarter of the year since the end of World War...

Conn. reviews stimulus money's affect on elderly, 1st Ld-Writethru, CT

May 20, 2009 1:29 am | by The Associated Press | News | Comments

HARTFORD, Conn. (AP) — Connecticut authorities say the state's share of federal stimulus money will boost nutrition programs, job training and other services to senior citizens.The issue was the focus of a forum Wednesday at the state Capitol, where advocates for Connecticut's aging population met...

Automakers see green incentives lifting demand

May 20, 2009 1:24 am | by YURI KAGEYAMA - AP Business Writer - Associated Press | News | Comments

TOKYO (AP) — Government incentives in Europe and Japan to buy green vehicles are gradually lifting sales at Japan's automakers, offering a bit of relief to the battered industry.Mazda said Wednesday that production at its Japanese plants will return to full capacity next month as demand in Europe...

Euro up against the dollar to $1.3661, EU

May 20, 2009 1:19 am | by The Associated Press | News | Comments

BERLIN (AP) — The euro climbed against the dollar on Wednesday, helped by a jump in a German investor confidence indicator the previous day.The 16-nation euro bought $1.3661 in European morning trading, up from the $1.3650 late Tuesday in New York.The British pound bought $1.5528, up from the...

Bandwidth Limits on Web Hosting Packages Business Editors

May 20, 2009 1:19 am | by The Associated Press | News | Comments

LONDON-- (BUSINESS WIRE) — May 20, 2009-- Leading UK domain name registration and web hosting company, www.LCN.com today announced significant upgrades to its shared hosting plans to provide more value to both new and existing customers. LCN.com is now offering increased bandwidth and web space on...

Dollar falls to mid-95 yen zone on bleak U.S. housing, Japan GDP+

May 20, 2009 1:14 am | by The Associated Press | News | Comments

TOKYO, May 20 (Kyodo) — The U.S. dollar briefly fell into the mid-95 yen zone Wednesday in Tokyo as dollar selling took the upper hand on disappointing U.S. housing data and a record contraction in Japan's gross domestic product.At 5 p.m., the dollar fetched 95.98-96.00 yen versus Tuesday's 5 p.m....

Toll Brothers Reports Preliminary FY 2009 2nd QTR and 6 Month Totals for Home Building Revenues, Backlog and Contracts

May 20, 2009 1:14 am | by GLOBE NEWSWIREAssociated Press | News | Comments

HORSHAM, Pa., May 20, 2009 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today reported preliminary results for its second quarter and first six months ended April 30, 2009.FY 2009 second-quarter home building revenues of...

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