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Howard Co. council approves $1.4B operating budget, MD

May 21, 2009 3:00 am | by The Associated Press | News | Comments

ELLICOTT CITY, Md. (AP) — The Howard County Council has approved a $1.4 billion operating budget.Taxpayers won't pay higher local tax rates under the budget approved Wednesday, but they will face higher water and sewer charges.The budget calls for nine county employees to be laid off and furloughs...

RI health insurers ask for rate increases, RI

May 21, 2009 3:00 am | by The Associated Press | News | Comments

PROVIDENCE, R.I. (AP) — Rhode Island's largest health insurance companies are seeking rate hikes.Health Insurance Commissioner Christopher Koller says Blue Cross & Blue Shield of Rhode Island is proposing a 16.3-percent rate increase for businesses with 50 or more employees.UnitedHealthCare of New...

Court: Egypt tycoon to hang in slaying of pop diva, 6th Ld-Writethru, ML

May 21, 2009 2:55 am | by MAGGIE MICHAEL - Associated Press Writer - Associated Press | News | Comments

CAIRO (AP) — Suzanne Tamim shot to fame in an "American Idol"-style TV show, a green-eyed Lebanese beauty whose pop songs about love's agony mirrored her troubled life.Now, the man reported to be her secret lover — a married, politically powerful Egyptian tycoon — has been sentenced to hang for...

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Unmanned probes search for Navy chopper wreckage, US

May 21, 2009 2:55 am | by ELLIOT SPAGAT - Associated Press Writer - Associated Press | News | Comments

SAN DIEGO (AP) — The Navy and Coast Guard were scouring the ocean early Thursday for two more members of a Navy flight crew whose helicopter went down on a training flight from an aircraft carrier, killing at least three, authorities said.A team of Navy search and salvage specialists planned to use...

McClatchy tries to get more wiggle room under debt, 3rd Ld-Writethru, US

May 21, 2009 2:54 am | by MICHAEL LIEDTKE - AP Business Writer - Associated Press | News | Comments

SAN FRANCISCO (AP) — McClatchy Co. is offering to buy back $1.15 billion in debt at a steep discount, a proposal that presumes the newspaper publisher's unsecured lenders will accept a fraction of the amount they are owed rather than risk getting even less if the company were to seek bankruptcy...

Worries over persistent job losses pound stocks

May 21, 2009 2:49 am | by TIM PARADIS - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Another bad signal from the job market and concern over a possible downgrade of British government debt sent stocks sharply lower Thursday.Major stock indicators slid more than 1.5 percent, cutting nearly 130 points off the Dow Jones industrial average, after continuing claims for...

Surging China bank loans a concern, Fitch says

May 21, 2009 2:49 am | by ELAINE KURTENBACH - AP Business Writer - Associated Press | News | Comments

SHANGHAI (AP) — China's record surge in bank lending, driven by government stimulus programs and lenders' profit targets, may be undermining the future health of the industry, Fitch Ratings said in a report Thursday.The report came amid growing doubts over whether China's economy is truly headed...

Court allows UK man to appeal extradition to US, EU

May 21, 2009 2:48 am | by The Associated Press | News | Comments

LONDON (AP) — Retired U.K. businessman Ian Norris has won permission to pursue a further appeal in his battle to avoid extradition to the United States where he faces trial on charges of obstructing justice.Norris and three other Morgan Crucible executives were indicted in Pennsylvania in 2003 on...

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How Allen ascended from meek audition to 'Idol', US

May 21, 2009 2:43 am | by DERRIK J. LANG - AP Entertainment Writer - Associated Press | News | Comments

LOS ANGELES (AP) — Not much has changed about Kris Allen since his mostly forgettable "American Idol" audition.Well, except for the winning-it-all part.When the 23-year-old college student from Conway, Ark., first auditioned with Leon Russell's "A Song for You" in Louisville, Ky., he seemed nothing...

22 foreign automakers to skip Tokyo Motor Show, AS

May 21, 2009 2:42 am | by The Associated Press | News | Comments

TOKYO (AP) — More than 20 major foreign carmakers, including General Motors Corp. and Germany's BMW AG, will skip the Tokyo Motor Show later this year to save costs, the organizer said Thursday, underlining a deepening slump in the global auto industry."It is unprecedented to see such a large...

Soldier tribute planned at state Capitol, ND

May 21, 2009 2:36 am | by The Associated Press | News | Comments

BISMARCK, N.D. (AP) — The North Dakota National Guard is honoring service members from the state who have been killed in the war on terror.The Guard is hosting a "Sacrifice for Freedom" tribute at the state Capitol's Memorial Hall on Thursday morning.Maj. Gen. David Sprynczynatyk...

Aberdeen Market Alert Highlights Advantage of Shavlik Technologies' New Endpoint Security Initiative Business Editors

May 21, 2009 2:31 am | by The Associated Press | News | Comments

ST. PAUL, Minn.-- (BUSINESS WIRE) — May 21, 2009-- Shavlik Technologies, LLC, the market leader in simplifying and automating critical IT operations, today reported that the company's integration of antivirus and antispyware technology from Sunbelt Software into Shavlik NetChk(R) Protect has been...

Big Dig subcontractor pleads guilty to overbilling, MA

May 21, 2009 2:31 am | by The Associated Press | News | Comments

BOSTON (AP) — A company that worked on Boston's $15 billion Big Dig has pleaded guilty in federal court to overbilling the highway project by claiming some workers were entitled to higher pay.Federal prosecutors said Wednesday that Adams Management Group, Inc. pleaded guilty to a single count of...

House GOP proposes tax hike to close budget gap, DE

May 21, 2009 2:31 am | by The Associated Press | News | Comments

DOVER, Del. (AP) — Delaware House Republicans are proposing a plan to close part of the state's $800 million budget gap that includes an increase in personal income tax.The plan announced Wednesday would avoid pay cuts for state employees.But the plan would increase the personal income tax by 0.5...

Search goes on for 2 crew in Navy helicopter crash, CA

May 21, 2009 2:26 am | by ELLIOT SPAGAT - Associated Press Writer - Associated Press | News | Comments

SAN DIEGO (AP) — The Navy and Coast Guard scoured the ocean before dawn Thursday for two more members of a Navy flight crew whose helicopter went down on a training flight from an aircraft carrier, killing at least three, authorities said.A team of Navy search and salvage specialists planned to use...

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