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Lawmakers seek tighter oversight of credit raters, 1st Ld-Writethru, US

May 19, 2009 12:37 pm | by MARCY GORDON - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — Lawmakers on Tuesday proposed tightening oversight of Wall Street's credit rating agencies as regulators move to reshape supervision of the industry widely criticized for failing to give investors adequate warning of the risks in subprime mortgage securities.At issue is government...

States:MO; US:; Intl:; Fmts:Print, Online; Other:; ContentType:Fixture; ContentElement:FullStory; Breaking:False;, MO

May 19, 2009 12:37 pm | by The Associated Press | News | Comments

Here are excerpts from recent editorials in Missouri newspapers:___May 26.Southeast Missourian, on raising dropout age:High school students in Missouri currently can drop out when they turn 16. Under a law adopted by the just-ended session of the Missouri Legislature, they will now have to wait...

Colo. gov. praises Obama plan to cut car emissions, CO

May 19, 2009 12:37 pm | by The Associated Press | News | Comments

DENVER (AP) — President Barack Obama's plan to curb vehicle emissions nationally will likely mean Colorado won't adopt its own vehicle standards.Earlier this year, Gov. Bill Ritter asked state health officials to investigate establishing emissions standards that are tougher than federal rules, part...

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HL:Cardero Resource stock falls as US$200-million deal appears in doubt @

May 19, 2009 12:37 pm | by The Associated Press | News | Comments

VANCOUVER — Cardero Resource Corp. (TSX:CDU) stock fell 23 per cent Tuesday in the first trading since a Chinese company told the company it won't proceed with a planned purchase of the Pampa de Pongo iron ore property in Peru unless the US$200-million price is reduced.Cardero's shares fell 32...

HL:TSX Venture Exchange closed at 1,076.49 up 13.40 points@

May 19, 2009 12:37 pm | by The Associated Press | News | Comments

TORONTO — The TSX Venture Exchange settled at 1,076.49 up 13.40 points Tuesday. The volume at 5 p.m. was 195.72 million shares.Among the most active companies, International PBX Ventures Ltd. (TSXV:PBX) gained 1.5 cents to 4.5 cents, Stem Cell Therapeutics Corp. (TSXV:SSS) half a cent to 10 cents;...

British expense scandal ousts lower house speaker, EU

May 19, 2009 12:37 pm | by JENNIFER QUINN - Associated Press Writer - Associated Press | News | Comments

LONDON (AP) — Leaving the speaker's chair in Britain hasn't always been quite so orderly. Seven speakers of the House of Commons were beheaded — but that was centuries ago.Michael Martin said Tuesday he would step down from the prestigious post, becoming the highest-ranking casualty of Britain's...

Idaho resort co-owner says he has potential buyer, APFN

May 19, 2009 12:37 pm | by The Associated Press | News | Comments

BOISE, Idaho (AP) — The co-owner of the financially struggling Tamarack Resort says he has a potential buyer interested in the development.Jean Pierre Boespflug declined to name the potential buyer, but asked officials on the Idaho Land Board Tuesday to help expedite a sale if one occurs.Tamarack,...

Lawmakers say Air Force plane cuts may be too deep, US

May 19, 2009 12:37 pm | by STEPHEN MANNING - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — House lawmakers say the Air Force could end up flat-footed if it carries out plans to end big programs like the C-17 cargo plane and retires fighter jets while waiting for new ones that are still being tested.The Air Force's roughly $115.6 billion 2010 base budget request includes...

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Dia Bras Announces Private Placement

May 19, 2009 12:37 pm | by The Associated Press | News | Comments

Dia Bras Exploration Inc. (TSX VENTURE: DIB) ("Dia Bras" or the "Corporation") announces that its Board of directors has approved a private placement of a maximum of $925,520 (US$800,000) in units of the Corporation (the "Units") at a price of $0.045 per Unit (the "Private Placement"). Each Unit...

NM's Ramah Navajo chapter gets recovery funds, NM

May 19, 2009 12:31 pm | by The Associated Press | News | Comments

RAMAH, N.M. (AP) — Northwestern New Mexico's Ramah Navajo Chapter is the first tribe in the nation to receive economic stimulus money for road repair.U.S. Transportation Secretary Ray LaHood said Tuesday the tribe will receive more than $644,000 from the Federal Highway Administration to help...

Moody's puts DirecTV ratings on review for upgrade, APFN

May 19, 2009 12:31 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Moody's Investors Service placed DirecTV Holdings LLC's credit ratings on review for a possible upgrade Tuesday, saying the company appears committed to maintaining a lower level of debt.The ratings agency said DirecTV's "Ba2" probability of default rating and "Ba3" rating on senior...

M & T Bank gets regulatory OK to buy Provident, APFN

May 19, 2009 12:31 pm | by The Associated Press | News | Comments

BUFFALO, N.Y. (AP) — Regional bank M&T Bank Corp. said Tuesday it has received regulatory approval for its proposed acquisition of Provident Bankshares Corp. and expects the deal to close by the end of this week.Under terms of the agreement, Provident shareholders will receive 0.171625 shares of...

UN Security Council to tour post-war Liberia, AF

May 19, 2009 12:30 pm | by JONATHAN PAYE-LAYLEH - Associated Press Writer - Associated Press | News | Comments

MONROVIA, Liberia (AP) — The U.N. Security Council is expected to travel to a part of Liberia being guarded by peacekeepers to assess the nation's recovery six years after a devastating civil war.The Security Council arrived Tuesday in Liberia where 14 years of civil war devastated Africa's oldest...

Home, Land and Private Lakes to Sell at Auction

May 19, 2009 12:30 pm | by The Associated Press | News | Comments

http://www.albertburney.com () —A 5,500-square-foot home and approximately 171 acres of land --including two stocked lakes -- will sell at auction Tuesday, June 23, with Albert Burney Auction Company (http://albertburney.com/) managing the sale.The property will sell in three parcels:-- The home on...

Maryland county considers wind power restrictions, APFN

May 19, 2009 12:30 pm | by The Associated Press | News | Comments

CUMBERLAND, Md. (AP) — The Allegany County Commissioners are taking more time to decide on zoning restrictions that could limit the potential for wind-power development in western Maryland.At a meeting Tuesday, the county's planning coordinator and other staff members rejected criticisms leveled by...

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