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HL:Quest PharmaTech year-end loss narrows to $204K from a loss of $1.3M@

May 20, 2009 8:14 am | by The Associated Press | News | Comments

EDMONTON — Drug company Quest PharmaTech Inc. (TSXV:QPT) said Wednesday it reduced its year-end loss to $204,047 compared with a prior-year loss of $1.3 million.The loss for the year ended Jan. 31 amounted to nil a share while last year's loss equalled two cents a share.Quest's research and...

7 in NY charged in Craigslist prostitution ring, 2nd Ld-Writethru, US

May 20, 2009 8:14 am | by MARCUS FRANKLIN - Associated Press Writer - Associated Press | News | Comments

NEW YORK (AP) — Seven New Yorkers were indicted on charges of running a 24-hour prostitution ring on Craigslist as the Web site's CEO struck back to keep South Carolina's attorney general from pursuing criminal charges against the company.Five of the seven New York residents were arrested Wednesday...

HL:Terrawest Energy Corp. announces natural gas discovery in China@

May 20, 2009 8:14 am | by The Associated Press | News | Comments

VANCOUVER — Petromin Resources Ltd. (TSXV:PTR) says its Terrawest Energy Corp. affiliate has tapped into what may be a massive new unconventional natural gas discovery in China.The company discovered significant gas-bearing shale and multiple coal seams in its LHG 08-03 well drilled last November,...

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Body found at recycling facility in Port Orange, FL

May 20, 2009 8:14 am | by The Associated Press | News | Comments

PORT ORANGE, Fla. (AP) — Officials have scheduled an autopsy to determine what killed a man whose body was found at a recycling facility in Port Orange on Florida's northeast coast.Volusia County Sheriff's Sgt. Ashley Combs said Tuesday that the body did not have any signs of obvious trauma but...

HL:TSX Venture Exchange is trading at 1,089.16, up 12.67 points at noon ET@

May 20, 2009 8:13 am | by The Associated Press | News | Comments

TORONTO — The TSX Venture Exchange was trading at 1,089.16, up 12.67 points on Wednesday. The volume at noon was at 91.7 million shares.

Gov't: 250,000 Pakistani refugees expected in camp, 3rd Ld-Writethru, US

May 20, 2009 8:13 am | by LARA JAKES - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — Up to a quarter-million Pakistani civilians are expected to remain in refugee camps through the end of the year as a result of fighting that has forced them from their homes, a top U.S. Navy official said Wednesday.Rear Adm. Michael A. LeFever, who is overseeing humanitarian aid...

Nexavar approved in Japan for liver cancer, APFN

May 20, 2009 8:13 am | by The Associated Press | News | Comments

NEW YORK (AP) — Japanese regulators approved the drug Nexavar as a treatment for advanced liver cancer, the drug's makers, Bayer HealthCare and Onyx Pharmaceuticals Inc., said Wednesday.Wednesday's approval means Nexavar can be marketed for the most common type of liver cancer, hepatocellular...

Warner Music eases credit fears with debt offering, 1st Ld-Writethru, APFN

May 20, 2009 8:13 am | by The Associated Press | News | Comments

NEW YORK (AP) — Warner Music Group more than doubled the size of its planned debt issuance to $1.1 billion on Wednesday, and Moody's Investors Service upgraded the company's credit rating.Warner said in a filing on Wednesday that its subsidiary, WMG Acquisition Corp., will offer the 7-year senior...

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Southwest adding Milwaukee flights later this year, WI

May 20, 2009 8:08 am | by The Associated Press | News | Comments

DALLAS (AP) — Southwest Airlines Co. will begin service from Milwaukee later this year.The discount airline says it will offer "multiple destinations" from Milwaukee's Mitchell International Airport. It has not yet listed specific destinations.The service will begin sometime after new flights begin...

Auto dealers group spent $570K lobbying in 1Q, APFN

May 20, 2009 8:08 am | by The Associated Press | News | Comments

WASHINGTON (AP) — The National Automobile Dealers Association spent $570,000 in the first quarter to lobby on individual income tax deductions for sales, excise taxes on certain vehicles and other issues, according to a recent disclosure report.The McLean, Va.-based trade group, which represents...

NYC stores staying open late to boost economy, APFN

May 20, 2009 8:08 am | by The Associated Press | News | Comments

NEW YORK (AP) — For one night only, dozens of stores throughout New York City will stay open late as a way to promote local retail and benefit the economy.Vogue editor-in-chief Anna Wintour and other fashionistas are joining Mayor Michael Bloomberg at City Hall on Wednesday to announce the event...

Tween Brands shares soar on 1st-quarter results, APFN

May 20, 2009 8:08 am | by MAE ANDERSON - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Tween Brands Inc. shares jumped more than 30 percent on Wednesday, after the children's apparel retailer reported a smaller-than-expected first-quarter loss, indicating its transition to its single Justice concept is going smoothly.Shares gained $1.03, or 32.9 percent, to $4.16...

Reynolds American spent over $1.1M lobbying in 1Q, APFN

May 20, 2009 8:08 am | by The Associated Press | News | Comments

WASHINGTON (AP) — Cigarette maker Reynolds American Inc. spent more than $1.1 million in the first quarter to lobby against a bill that would give the Food and Drug Administration the authority to regulate the industry and other issues, according to a recent disclosure form.Winston-Salem,...

Model sues top agency, alleges sexual battery, 2nd Ld-Writethru, US

May 20, 2009 8:08 am | by ANTHONY McCARTNEY - AP Entertainment Writer - Associated Press | News | Comments

LOS ANGELES (AP) — A former beauty queen has sued International Creative Management, claiming the firm and one of its top talent agents subjected her to unwanted sexual advances.The lawsuit filed Tuesday in Los Angeles Superior Court on behalf of Claire Robinson alleges ICM and agent Jack Gilardi...

Toshiba Done With Japan

May 20, 2009 8:08 am | News | Comments

Japan's top chipmaker Toshiba Corp. said Wednesday it will end production of mobile phones in Japan due to plummeting demand amid an economic slump

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