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New Scalable Solution, Powered by Taray Technology, Can Shorten Design-In Time, Reduce End Product Cost and Mitigate Risk

May 18, 2009 5:04 pm | by The Associated Press | News | Comments () —Cadence Design Systems, Inc. (NASDAQ: CDNS), the leader in global electronic design innovation, today introduced an innovative, scalable co-design solution for designing FPGAs onto PCB systems. The Cadence@ OrCAD@ and Allegro@ FPGA System Planner...

Scientific Games unit prices $225M notes offering, 1st Ld-Writethru, APFN

May 18, 2009 5:04 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Scientific Games Corp. said Monday that its subsidiary sold $225 million worth of 9.25 percent senior subordinated notes due 2019 in a private offering to institutional buyers.The casino equipment maker said Scientific Games International Inc. plans to use proceeds to buy back some...

House seeking deeper cuts than Senate in NC budget, NC

May 18, 2009 4:59 pm | by The Associated Press | News | Comments

RALEIGH, N.C. (AP) — House members are putting together their North Carolina government budget plan as if they won't be raising taxes to help pay for it.Budget-writing chief Rep. Mickey Michaux of Durham said Monday subcommittee leaders have received their spending targets for the coming fiscal...


Judge to rule Tuesday on AZ newspaper case request, APFN

May 18, 2009 4:59 pm | by ARTHUR H. ROTSTEIN - Associated Press Writer - Associated Press | News | Comments

TUCSON, Ariz. (AP) — A federal judge will rule Tuesday on whether the Tucson Citizen must restart publication, just days after it published a commemorative final edition.Arizona Attorney General Terry Goddard filed a lawsuit alleging the Citizen's owner, Gannett Co., and Lee Enterprises Inc.,...

Wash. clears way for tuition hikes, WA

May 18, 2009 4:59 pm | by The Associated Press | News | Comments

OLYMPIA, Wash. (AP) — Gov. Chris Gregoire has given the official OK for higher university tuition.Gregoire signed the bill Monday as part of the plan for fixing an estimated $9 billion state budget shortfall through 2011.The measure removes the current 7 percent cap on annual tuition increases for...

Bedford, Petelos say won't enter Ala. gov. race, 3rd Ld-Writethru, AL

May 18, 2009 4:48 pm | by PHILLIP RAWLS - Associated Press Writer - Associated Press | News | Comments

MONTGOMERY, Ala. (AP) — State Sen. Roger Bedford of Russellville, a key figure in state budget planning, decided Monday not to enter the Democratic race for governor, which leaves two major candidates committed to running in the Democratic primary and one considering it.Bedford had been eyeing the...

Tenn. abortion amendment passes House, 2nd Ld-Writethru, TN

May 18, 2009 4:48 pm | by LUCAS L. JOHNSON II - Associated Press Writer - Associated Press | News | Comments

NASHVILLE, Tenn. (AP) — A proposal to change the Tennessee Constitution to allow the state to impose stricter limits on abortion has passed both chambers of the General Assembly but still has hurdles to cross before going to voters, lawmakers say.The resolution, which passed the Senate in March,...

Tokyo stocks open higher on U.S. economic hopes, stronger dollar+

May 18, 2009 4:43 pm | by The Associated Press | News | Comments

TOKYO, May 19 (Kyodo) — Tokyo stocks opened sharply higher Tuesday on hopes of an easing U.S. recession after Wall Street soared overnight and a stronger U.S. dollar added to the lift for exporters.In the first 15 minutes of trading, the 225-issue Nikkei Stock Average gained 276.12 points, or 3.05...


Veteran Banker Denis Weber Joins California Oaks State Bank

May 18, 2009 4:38 pm | by The Associated Press | News | Comments () —California Oaks State Bank (Cal Oaks) (OTCBB: COSB) announces that Denis Weber has recently joined the Bank as a Senior Vice President and Financial Sales Officer. Mr. Weber's impressive history spans 25 years of experience managing banks in Hollywood, Westwood, Santa...

NY trustee sues Connecticut fund in Madoff case

May 18, 2009 4:32 pm | by TOM HAYS - Associated Press Writer - Associated Press | News | Comments

NEW YORK (AP) — The trustee overseeing the liquidation of Bernard Madoff's assets has sued another of his major investors, this time demanding the Fairfield Greenwich Group give back $3.5 billion it earned from the disgraced financier.Like other investors sued by the trustee in recent weeks,...

Tenn. ash spill threatens fish population, 1st Ld-Writethru, TN

May 18, 2009 4:32 pm | by DUNCAN MANSFIELD - Associated Press Writer - Associated Press | News | Comments

KNOXVILLE, Tenn. (AP) — A massive coal ash spill is threatening aquatic life in Tennessee's Emory River and that dredging to clean up the disaster could make things worse, environmental experts said Monday .The North Carolina-based Appalachian Voices environmental group released a report estimating...

Lawmakers announce way to fund REAP, 1st Ld-Writethru, OK

May 18, 2009 4:27 pm | by RON JENKINS - Associated Press Writer - Associated Press | News | Comments

OKLAHOMA CITY (AP) — House and Senate budget leaders have agreed to a plan to raise the late fees on vehicle license plate renewals as a way to fund rural infrastructure projects and other programs.The agreement came after Democratic rural lawmakers were critical Monday of a $7.2 billion budget...

Mayor's possible TV deal raises ethical questions, OR

May 18, 2009 4:22 pm | by The Associated Press | News | Comments

SALEM, Ore. (AP) — A Los Angeles-based production company plans to pitch a reality show about Silverton's transgender mayor to television networks, but there is concern about potential ethical implications.Mayor Stu Rasmussen stands to get a percentage of total production cost, estimated at $30,000...

Boston firm wins Yellowstone Club auction, 1st Ld-Writethru, MT

May 18, 2009 4:22 pm | by KAHRIN DEINES - Associated Press Writer - Associated Press | News | Comments

BUTTE, Mont. (AP) — Rival parties vying for control of the bankrupt and ultra-exclusive Yellowstone Club have reached a court-approved deal that gives a Boston-based investment firm control over the resort.CrossHarbor Capital Partners will pay $115 million for the resort located near Big Sky in...

FASB tightens off-balance-sheet loan rules, 2nd Ld-Writethru, US

May 18, 2009 4:16 pm | by MARCY GORDON - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — The board that sets U.S. accounting standards on Monday moved to end the use of a bookkeeping device that allowed banks to park hundreds of billions of dollars in loans off their balance sheets and that has been blamed for stoking financial companies' losses as the housing market...


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