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Cash is tight? Some money-saving tips for prom

April 28, 2009 10:34 am | by The Associated Press | News | Comments

Big night out without the big budget? It's completely possible, according to party-planning and prom experts.Here are some ideas on how to save without looking cheap.— Beg and borrow, but please but don't steal: Swap dresses with friends, or borrow fun vintage accessories and jewelry from a family...

Tuxedo optional as proms scale back spending

April 28, 2009 10:34 am | by ASHLEY M. HEHER - Associated Press Writers - Associated Press | News | Comments

This year's prom kings may swap their tuxedos for suits and some queens will accept their tiaras in secondhand cocktail dresses while they slow-dance in a decorated gymnasium.At high schools across the country, the traditional prom spectacle at ritzy hotels is giving way to crepe paper-covered...

Total investing in advanced biofuels company Gevo

April 28, 2009 10:19 am | by DIRK LAMMERS - AP Energy Writer - Associated Press | News | Comments

SIOUX FALLS, S.D. (AP) — Englewood, Colo.-based advanced biofuels company Gevo Inc. said Tuesday that French oil giant Total SA has invested in the company.Financial terms were not disclosed.Gevo, which is backed by venture capitalists Richard Branson, of Virgin Green Fund, and Vinod Khosla, a...

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Review: Looking for gems in iPhone's game library

April 28, 2009 10:19 am | by LOU KESTEN - Associated Press Writer - Associated Press | News | Comments

Nintendo has owned the portable video-game market — first with the Game Boy, now with the DS — for so long that most of us gave up hope of ever seeing a viable competitor. But it's become impossible to ignore the new kid on the block: Apple's iPhone, whose game library has quickly overwhelmed...

Total fails in bid for Canda's UTS Energy

April 28, 2009 10:09 am | by GREG KELLER - AP Business Writer - Associated Press | News | Comments

PARIS (AP) — French oil giant Total SA said Tuesday that its cash offer for UTS Energy Corporation had failed as too few shareholders in the Canadian oil sands took up the offer.Total said that as of the deadline Monday evening, it had not reached a threshhold of two-thirds acceptance of its offer...

CalPERS to vote against BofA board re-election

April 28, 2009 9:58 am | by IEVA M. AUGSTUMS - AP Business Writer - Associated Press | News | Comments

CHARLOTTE, N.C. (AP) — The California Public Employees' Retirement System, the largest U.S. public pension fund, said Tuesday it will vote against re-electing all 18 Bank of America Corp.'s board members, including Chairman and Chief Executive Ken Lewis.CalPERS, an influential fund, says Lewis and...

US judge clears Pa. lobbyist of insider trading

April 28, 2009 9:53 am | by The Associated Press | News | Comments

PHILADELPHIA (AP) — A federal judge cleared a Pennsylvania lobbyist of a civil insider-trading charge after questioning both his testimony and that of the supposed beneficiary.Frederick W. Anton III, president and chief executive officer of the Pennsylvania Manufacturers' Association, was cleared...

Ex-American Home CEO settles with SEC for $2.45M

April 28, 2009 9:53 am | by MARCY GORDON - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — The former head of American Home Mortgage Investment Corp. has agreed to pay nearly $2.5 million to settle federal civil charges of accounting fraud and concealing the company's deteriorating finances as the subprime mortgage crisis hit in 2007.The Securities and Exchange...

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GM to force more than 1,000 dealers to close

April 28, 2009 9:48 am | by TOM KRISHER - AP Auto Writer - Associated Press | News | Comments

DETROIT (AP) — General Motors Corp. told its dealers Tuesday that it will force 1,000 to 1,200 underperforming locations to close their doors as the automaker tries to thin dealer ranks to make the remaining outlets more profitable.GM told the dealers about the plan in a video conference, according...

Earnings Preview: Starbucks Corp.

April 28, 2009 8:57 am | by The Associated Press | News | Comments

NEW YORK (AP) — Starbucks Corp. reports earnings for the fiscal second quarter on Wednesday. The following is a summary of key developments and analyst opinion related to the period.OVERVIEW: Starbucks has been working to dispel the perception that its coffees and espresso drinks are too pricey....

Appeals panel: Court erred in 3M age bias case

April 28, 2009 8:57 am | by The Associated Press | News | Comments

ST. PAUL, Minn. (AP) — The Minnesota Court of Appeals says a trial court erred when it granted class action status to an age discrimination lawsuit against 3M Co.A three-judge appeals panel said Tuesday that the lower court did not properly apply the standards for certification under Minnesota's...

Chrysler agreements make liquidation less likely

April 28, 2009 8:47 am | by STEPHEN MANNING - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — With just two days left before a government-imposed restructuring deadline, Chrysler LLC took a step away from the brink of bankruptcy Tuesday when its biggest lenders reached a deal with the Treasury Department to slash the teetering automaker's debt.Yet Chrysler's fate remains...

WaMu sues JPMorgan Chase

April 28, 2009 8:47 am | by The Associated Press | News | Comments

WILMINGTON, Del. (AP) — Lawyers for Washington Mutual Inc. have filed a bankruptcy court complaint against JPMorgan Chase & Co. over some $4 billion in disputed assets.Seattle-based WaMu, which filed for Chapter 11 reorganization along with its Washington Mutual Investment Corp. affiliate in...

Russia, Bulgaria shelve differences on pipeline

April 28, 2009 8:42 am | by NATALIYA VASILYEVA - Associated Press Writer - Associated Press | News | Comments

MOSCOW (AP) — Prime Minister Vladimir Putin said Tuesday that Russia and Bulgaria have set aside their differences over the proposed South Stream gas pipeline to Europe, paving the way for an agreement within the next couple of weeks."We have no disagreements left," Putin said at a televised news...

Correction: Pontiac History story

April 28, 2009 8:37 am | by The Associated Press | News | Comments

In an April 27 story providing historical details about General Motors Corp.'s Pontiac brand, The Associated Press reported erroneously that Pontiac's GTO inspired a tune by the Beach Boys. The song "GTO" was by Ronny and the Daytonas.

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