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La. senators break with Gov. Jindal on tax break, 1st Ld-Writethru, APFN

May 21, 2009 11:03 am | by DOUG SIMPSON - Associated Press Writer - Associated Press | News | Comments

BATON ROUGE, La. (AP) — Louisiana's Senate leadership made its first clear break with the fiscal policies of Gov. Bobby Jindal's administration when it gave strong backing Thursday to a plan to ease budget cuts by postponing a planned tax break.Senate President Joel Chaisson and the Senate's tax...

Celator says Cephalon will examine its treatment, APFN

May 21, 2009 11:03 am | by The Associated Press | News | Comments

PRINCETON, N.J. (AP) — Celator Pharmaceuticals said on Thursday it has entered into a research agreement with Cephalon Inc. to see whether Celator's proprietary technology would work with an ongoing drug development and life-cycle management program at Cephalon.Celator said its has developed...

First Metals Comments on Market Activity

May 21, 2009 11:03 am | by The Associated Press | News | Comments

First Metals Inc. (TSX: FMA) —At the request of Market Surveillance, management has been asked to confirm that it is not aware of any corporate developments which would account for the high level of trading activity in the commons shares of First Metals Inc. Management is not aware of any events...

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Huntington Bank to repurchase preferred securities, APFN

May 21, 2009 11:03 am | by The Associated Press | News | Comments

COLUMBUS, Ohio (AP) — Regional bank Huntington Bancshares Inc. said Thursday it is launching a tender offer to repurchase a total of $470.2 million in outstanding trust-preferred securities at a steep discount.Huntington said it would spend up to $200 million combined to repurchase three classes of...

BW)(NV-CARBON-CREDITS-INTL)(CARN.OTCBB) Carbon Credits International, Inc. Announces Execution of Worldwide Distribution Agreement with Carbon Reducer Industries, Ltd. (Thailand) ...

May 21, 2009 11:03 am | by The Associated Press | News | Comments

LAS VEGAS-- (BUSINESS WIRE) — May 21, 2009-- Hans J. Schulte, Chairman of the Board and Chief Executive Officer of Carbon Credits International, Inc. (OTCBB:CARN), announced that the Company entered into an exclusive worldwide distribution agreement with Carbon Reducer Industries, Ltd. ("CRIL") of...

HL:First-time home buyers should be prepared, rather than surprised, by extra costs@

May 21, 2009 10:58 am | by David Friend@Associated Press | News | Comments

TORONTO — First-time homebuyers are scouring the market for deals, hoping to take advantage of lower prices but real estate and mortgage experts caution that shoppers need to consider the wide array costs that come with buying a home — including ones that aren't immediately obvious.They say it's...

Iraqis say ex-US soldier should be put to death, 1st Ld-Writethru, ML

May 21, 2009 10:58 am | by HAMID AHMED - Associated Press Writer - Associated Press | News | Comments

BAGHDAD (AP) — Iraqis expressed shock and disappointment Friday over an American jury's decision to spare the life of an ex-U.S. soldier convicted of raping and killing an Iraqi girl, with many calling for him to be retried or face charges in Iraq.Steven Dale Green, 24, of Midland, Texas, was...

RI Gov. backs tax cuts to boost sagging economy, 1st Ld-Writethru, RI

May 21, 2009 10:58 am | by RAY HENRY - Associated Press Writer - Associated Press | News | Comments

PROVIDENCE, R.I. (AP) — Rhode Island must cut its tax rates to attract new employers to a state suffering from an 11.1 percent jobless rate, Gov. Don Carcieri told skeptical lawmakers Thursday.The fiscally conservative Republican made a rare appearance before the Democratic-dominated House Finance...

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Riding the recession: Selig pleased despite drop, APFN

May 21, 2009 10:58 am | by RONALD BLUM - AP Baseball Writer - Associated Press | News | Comments

NEW YORK (AP) — While Major League Baseball's attendance is down 6.4 percent from a year ago and 20 of 30 teams have experienced drops, commissioner Bud Selig is pleased with how the sport is surviving a season of recession."The clubs are very aggressive now in the way they're reaching out. I...

Federal agency approves Exelon bid for NRG Energy, APFN

May 21, 2009 10:58 am | by The Associated Press | News | Comments

COLUMBUS, Ohio (AP) — A federal agency on Thursday approved utility company Exelon's proposal to buy power generator NRG Energy that NRG continues to reject as inadequate.The 4-0 vote by the Federal Energy Regulatory Commission is one of several state and federal regulatory approvals Chicago-based...

Dozens of groups oppose Wis. liability laws change, APFN

May 21, 2009 10:58 am | by SCOTT BAUER - Associated Press Writer - Associated Press | News | Comments

MADISON, Wis. (AP) — More than 50 businesses and organizations joined together Thursday to oppose Gov. Jim Doyle's bid to change Wisconsin's liability laws.The Democratic governor's proposal known as "joint and several liability" would increase the number of victims who could receive full damages...

Correction: Mattress Founder-Son, US

May 21, 2009 10:58 am | by The Associated Press | News | Comments

GARDEN CITY, N.Y. (AP) — In a May 20 story about the founder of 1800Mattress, The Associated Press misidentified a trade publication. The correct name is Furniture Today, not Furniture World.

Mexico City ends swine flu alert, no cases in week, 1st Ld-Writethru, LT

May 21, 2009 10:57 am | by ISTRA PACHECO - Associated Press Writer - Associated Press | News | Comments

MEXICO CITY (AP) — Mexico City lowered its swine flu alert level from yellow to green on Thursday, and the mayor said "we can relax" now that there have been no new infections for a week.Mayor Marcelo Ebrard said the change means the risk of contagion is low, the situation is under control and the...

Adaltis Inc. Obtains $3 Million Bridge Loan

May 21, 2009 10:57 am | by The Associated Press | News | Comments

Adaltis Inc. (TSX: ADS), an international in vitro diagnostic (IVD) company, today announced that it has issued promissory notes in the aggregate principal amount of $3 million to Clarity China Partners, L.P. and one of its affiliates and Victoria Square Ventures Inc. The notes are secured by...

Penn West Energy Trust Confirms May Cash Distribution

May 21, 2009 10:51 am | by The Associated Press | News | Comments

Penn West Energy Trust (TSX: PWT.UN) (NYSE: PWE) ("Penn West") confirms that its May 2009 cash distribution will be CDN$0.15 per trust unit payable on June 15, 2009 to unitholders of record on May 29, 2009. The ex-distribution date is May 27, 2009.The CDN$0.15 per unit is equivalent to...

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