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Milwaukee editor is new ASNE president

April 28, 2009 11:56 am | by The Associated Press | News | Comments

MILWAUKEE (AP) — The editor of the Milwaukee Journal Sentinel, named Tuesday as the new president of the American Society of News Editors, pledged to help newspapers find new ways to make money off the Web.Martin Kaiser succeeds Charlotte H. Hall, editor of the Orlando (Fla.) Sentinel. She will...

Nuclear solution comes with a huge price tag

April 28, 2009 11:51 am | by MARK WILLIAMS - AP Energy Writer - Associated Press | News | Comments

COLUMBUS, Ohio (AP) — A ghost from the nuclear industry's early years has reappeared.It is not public apprehension about safety or disposal issues this time, but the staggering cost of building nuclear reactors.A wave of new reactors now in the works is intended to solve at least part of the...

Earnings Preview: Procter & Gamble Co.

April 28, 2009 11:26 am | by DAN SEWELL - AP Business Writer - Associated Press | News | Comments

CINCINNATI (AP) — Procter & Gamble Co. reports earnings for its fiscal third quarter on Thursday before the market opens. The following is a summary of key developments and analyst opinion related to the period.OVERVIEW: P&G, the world's largest consumer products maker, has seen households across...

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BofA, Citi may need to raise more capital

April 28, 2009 11:20 am | by DANIEL WAGNER - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — Citigroup Inc. and Bank of America Corp. will need to raise more capital based on preliminary results of their government-run "stress tests" — unless they succeed in appealing the findings, according to two people familiar with the matter.The banks are making their arguments to...

Companies that want to build new nuclear reactors

April 28, 2009 11:05 am | by The Associated Press | News | Comments

A list of companies that have announced their intent to submit applications to the Nuclear Regulatory Commission for new plant licenses:— Alternate Energy Holdings/Unistar: One unit in Elmore County, Idaho— Amarillo Power/Unistar: One unit in vicinity of Amarillo, Texas— AmerenUE/Unistar: One unit...

Top lawmaker wants mileage-based tax on vehicles

April 28, 2009 11:00 am | by JOAN LOWY - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — A House committee chairman said Tuesday that he wants Congress to enact a mileage-based tax on cars and trucks to pay for highway programs now rather than wait years to test the idea.Rep. James Oberstar, D-Minn., said he believes the technology exists to implement a mileage tax....

Motions in Sun-Times bankruptcy case approved

April 28, 2009 10:45 am | by The Associated Press | News | Comments

WILMINGTON, Del. (AP) — A Delaware bankruptcy judge has approved several motions in the Chapter 11 case of the Sun-Times Media Group.Among the motions approved Tuesday were the Chicago-based Sun-Times group's requests to retain lawyers and other professionals to help the company through the...

Earnings Preview: Starwood Hotels & Resorts

April 28, 2009 10:45 am | by KRISTEN A. LEE - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Hotel and leisure company Starwood Hotels & Resorts Worldwide Inc. reports results for its first quarter, which ended March 31, on Thursday. The following is a summary of key developments and analyst opinion related to the period.OVERVIEW: Analysts and investors will be watching...

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Lawmakers delay vote on Obama housing pick

April 28, 2009 10:39 am | by ALAN ZIBEL - AP Real Estate Writer - Associated Press | News | Comments

WASHINGTON (AP) — Lawmakers on Tuesday delayed a vote to confirm the Obama administration's nominee for a key housing post to review lawsuits alleging his real estate company broke federal anti-kickback laws.The Senate Banking Committee had been scheduled to vote to confirm David Stevens, president...

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...

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...

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