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PacifiCorp delays dam removal in Washington state, APFN

May 22, 2009 4:01 am | by SHANNON DININNY - Associated Press Writer - Associated Press | News | Comments

YAKIMA, Wash. (AP) — PacifiCorp is delaying plans to remove Condit Dam on southwest Washington's White Salmon River until next year as it pursues the necessary permits.The utility, which operates as Pacific Power in Washington and Oregon, owns and operates the dam built in 1913 about three miles...

Aastrom suspends trial following death of patient, APFN

May 22, 2009 4:01 am | by The Associated Press | News | Comments

ANN ARBOR, Mich. (AP) — Stem cell drug developer Aastrom Biosciences Inc. said Friday it suspended a clinical trial after received a report that a patient died some time after treatment.Aastrom is testing autologous adult stem cells, or stem cells taken from a patient's own body, as a treatment for...

Mobile Friendly International Site Business Editors/High-Tech Writers

May 22, 2009 4:01 am | by The Associated Press | News | Comments

MUMBAI, India-- (BUSINESS WIRE) — May 22, 2009-- Rediff.com India Limited (NASDAQ:REDF), India's leading online portal, today announced the launch of its international site optimized for a wide range of mobile phone screen resolutions.The new design enhances readability as easily on a mobile phone...

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HL:U.S. futures suggest higher open for North American markets@

May 22, 2009 3:56 am | by The Associated Press | News | Comments

TORONTO — North American markets appear headed for a higher open Friday at the end of a volatile trading week in both Toronto and New York.Trading in the U.S. is expected to be light ahead of the Memorial Day long weekend.Investors found some room for optimism after banks reduced borrowing from the...

Democrats walk, delay Arizona special session, APFN

May 22, 2009 3:51 am | by PAUL DAVENPORT - Associated Press Writer - Associated Press | News | Comments

PHOENIX (AP) — Arizona legislators began a special session on proposed new private school tax credits Thursday, weeks later than supporters of the legislation hoped and only after a walkout by opponents delayed its start by an hour.After extended negotiations between school-choice advocates,...

MedCath 2nd quarter profit hit by one-time charges, APFN

May 22, 2009 3:50 am | by The Associated Press | News | Comments

CHARLOTTE (AP) — Hospital operator MedCath Corp. said its profit fell 2 percent in the fiscal second quarter due to one-time charges, but its results were better than analysts expected.Thursday, MedCath said its profit edged down due to increased stock-based compensation and other expenses....

HL:Canadian dollar opens at 88.83 cents US, up 0.96 of a cent@

May 22, 2009 3:50 am | by The Associated Press | News | Comments

TORONTO — The Canadian dollar opened at 88.83 cents US this morning, up 0.96 of a cent from Thursday's close. The U.S. dollar stood at C$1.1257, down 1.23 cents.Pound sterling worth C$1.7870 down 1.78 cents, and US$1.5875 up 0.16 of a cent.The Euro was worth C$1.5711, down 1.12 cents.Quotations...

Financial manager accused in civil complaint, 1st Ld-Writethru, WI

May 22, 2009 3:50 am | by The Associated Press | News | Comments

GREEN BAY, Wis. (AP) — The Securities and Exchange Commission has filed a civil complaint against the majority owner of Wealth Management, accusing the financial manager of misrepresenting the stability of its two largest funds.The SEC's complaint, filed in federal court in Green Bay, accused James...

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Ala.: Special session on prepaid tuition possible, APFN

May 22, 2009 3:50 am | by PHILLIP RAWLS - Associated Press Writer - Associated Press | News | Comments

MONTGOMERY, Ala. (AP) — Gov. Bob Riley said Thursday he will call a special session of the Legislature to address financial problems with the state's prepaid college tuition plan if legislators develop a consensus about what to do and assure him it will pass quickly.Getting that "is going to be...

State auditor offers mediation to gov, lawmakers, VT

May 22, 2009 3:44 am | by The Associated Press | News | Comments

MONTPELIER, Vt. (AP) — Vermont's state auditor is offering to try to broker a deal in the Statehouse deadlock over the state budget.Tom Salmon has offered to mediate the dispute between Republican Gov. Jim Douglas and the Democrat-controlled Legislature, who are at odds over the $4.5 billion budget...

500 Penelec workers strike in northwestern Pa., PA

May 22, 2009 3:39 am | by The Associated Press | News | Comments

ERIE, Pa. (AP) — About 500 workers with the utility company Penelec are on strike. The company provides power to customers in northwestern Pennsylvania, including Crawford, Erie, Venango and Warren counties.The striking workers are represented by the International Brotherhood of Electrical...

Memorial Day finds Ohio gas prices at 2009 high, OH

May 22, 2009 3:39 am | by The Associated Press | News | Comments

COLUMBUS, Ohio (AP) — Ohio Memorial Day travelers are paying the highest gasoline prices of the year.Going into the long holiday weekend, the statewide average for regular is $2.44 per gallon, according to auto club AAA, the Oil Price Information Service and Wright Express. Prices have jumped about...

Ackman group: 2 Target board members should resign, 1st Ld-Writethru, APFN

May 22, 2009 3:39 am | by The Associated Press | News | Comments

NEW YORK (AP) — A group associated with hedge fund manager William Ackman said Friday that two of Target Corp.'s board members should resign because they will no longer be working for the companies that they headed.Ackman, who runs Pershing Square Capital Management, wants several changes to the...

Ahead of Bell: Analysts lower Zumiez estimates, APFN

May 22, 2009 3:39 am | by The Associated Press | News | Comments

NEW YORK (AP) — A weaker-than-expected second-quarter profit outlook from Zumiez Inc. prompted two analysts to lower some of their estimates for the sports apparel and equipment retailer on Friday.Thursday, Zumiez predicted a quarterly loss of 14 cents to 17 cents per share. Analysts surveyed by...

High River Gold Provides Update on Strategic Alternatives

May 22, 2009 3:34 am | by The Associated Press | News | Comments

The Board of High River Gold Mines Ltd. (TSX: HRG) ("High River" or the "Company") notes the recent increase in its stock price and wishes to provide an update on recent events.High River has previously updated the market with respect to certain operating difficulties, current liquidity and loan...

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