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Watchdog: Transportation stimulus money at risk, 1st Ld-Writethru, US

May 20, 2009 3:08 pm | by JOAN LOWY - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — The Transportation Department is at risk of awarding economic stimulus aid to contractors who have defrauded the government, a government watchdog warned Wednesday.The department's inspector general, Calvin Scovel, issued an advisory that said the agency doesn't process or report...

Providence, RI, mayor amends student tax proposal, 4th Ld-Writethru, RI

May 20, 2009 3:08 pm | by ERIC TUCKER - Associated Press Writer - Associated Press | News | Comments

PROVIDENCE, R.I. (AP) — Providence Mayor David Cicilline on Wednesday amended his plan to tax students at the city's four private colleges and universities, suggesting instead that the schools could shoulder the fee themselves to make up for their tax-exempt status.Cicilline initially suggested a...

Fake Cherokee chief pleads guilty in Pa. fraud, 1st Ld-Writethru, PA

May 20, 2009 3:08 pm | by JOE MANDAK - Associated Press Writer - Associated Press | News | Comments

PITTSBURGH (AP) — A former Pennsylvania man who pretended to be a Cherokee Indian chief and billionaire oil tycoon pleaded guilty in federal court to a multimillion-dollar wire fraud conspiracy on Wednesday.Federal prosecutors said Robert Eugene Cheney, 79, who now lives in Las Vegas, and another...

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Bolstered by Record-Setting Year, Company Delivers Solid Performance

May 20, 2009 3:02 pm | by The Associated Press | News | Comments

http://www.sitestar.com () —Sitestar Corporation (OTCBB: SYTE), a provider of residential, business and wholesale Internet access, web hosting and value-added products and services, today reported quarterly results for the quarter ended March 31, 2009. The Company delivered solid results for key...

Chicago school told to repay $1M, 4th Ld-Writethru, IL

May 20, 2009 3:02 pm | by MICHAEL TARM - Associated Press Writer - Associated Press | News | Comments

CHICAGO (AP) — A private school in Chicago that mistakenly got a $1 million grant from former Gov. Rod Blagojevich meant for a fire-damaged church must repay all the money to the state.An administrative judge at the Illinois Department of Commerce and Economic Opportunity issued the order Wednesday...

Feds get time to decide course of logging lawsuit, 1st Ld-Writethru, OR

May 20, 2009 3:02 pm | by JEFF BARNARD - AP Environmental Writer - Associated Press | News | Comments

GRANTS PASS, Ore. (AP) — The Obama administration has been given more time to decide whether it wants to defend the lawsuits challenging Bush administration plans to boost logging on federal forests in Western Oregon.In papers filed in the various federal court cases, administration lawyers say...

CommScope will offer $200M in senior notes, APFN

May 20, 2009 2:57 pm | by The Associated Press | News | Comments

HICKORY, N.C. (AP) — CommScope Inc., a network infrastructure maker, said Wednesday it will offer $200 million in senior subordinated notes, due 2015.Underwriters will have 30 days to buy up to an additional $30 million principal amount of the notes.The company also will offer 8 million common...

Congress takes aim at EU wine spat

May 20, 2009 2:57 pm | by SHANNON DININNY - Associated Press Writer - Associated Press | News | Comments

YAKIMA, Wash. (AP) — A classic or vintage American wine?No such thing in European Union countries, where U.S. wineries have been barred from exporting any wines with labels that include any of a dozen traditional words or phrases to describe the wine or name the winery.Among them: chateau, classic,...

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HL:RuggedCom reports sharp increase in profits, sales up from year ago@

May 20, 2009 2:57 pm | by The Associated Press | News | Comments

WOODBRIDGE, Ont. — RuggedCom Inc. (TSX:RCM) said Wednesday that it earned $15.7 million as revenue grew by more than 50 per cent.The Toronto-area company, which keeps its books in U.S. dollars, said the profit amounted to $1 per diluted share for the financial year ended March 31 compared with a...

Tessera wins patent dispute with chipmakers

May 20, 2009 2:57 pm | by The Associated Press | News | Comments

SAN JOSE, Calif. (AP) — Tessera Technologies Inc. said Wednesday that it won a patent dispute over small-format semiconductor packaging products, with the International Trade Commission issuing a cease-and-desist order against rivals Motorola Inc., Qualcomm Inc., Freescale Semiconductor Inc. and...

Trial begins in case of canceled health insurance, 3rd Ld-Writethru, CA

May 20, 2009 2:57 pm | by SHAYA TAYEFE MOHAJER - Associated Press Writer - Associated Press | News | Comments

SANTA ANA, Calif. (AP) — Opening statements began Wednesday in a trial to determine if a man's health insurance was wrongly dropped three months after a major car accident left him with massive bills.The civil case against Blue Shield of California marks the first time a California jury will weigh...

Hawaii motorist to pay more at the pump, 1st Ld-Writethru, HI

May 20, 2009 2:57 pm | by The Associated Press | News | Comments

HONOLULU (AP) — Hawaii motorists could see pump prices jump by close to 10 cents a gallon in July when an ethanol tax break expires.Ethanol-blended fuels were exempted from the state's general excise tax under a 1980 law that was reinstated in 2007. The law is expiring at the end of this fiscal...

Evidence of right whales found off Greenland

May 20, 2009 2:56 pm | by H. JOSEF HEBERT - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — Government scientists believe they have some good news about the endangered right whale, whose population in the Atlantic Ocean is struggling to come back.Scientists at the National Oceanic and Atmospheric Administration said Wednesday they have found evidence of a significant...

Kinbauri Announces Legal Actions Against the Company

May 20, 2009 2:56 pm | by The Associated Press | News | Comments

Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE: KNB)(FRANKFURT: 3KG.DE) announces that Jaguar Financial Corporation has commenced an application in the Ontario Superior Court of Justice against Kinbauri, its wholly-owned subsidiary, Kinbauri Espana S.L. ("Espana"), the directors of Kinbauri, Glen...

City takes step to sell bonds to fund rebuilding, 1st Ld-Writethru, LA

May 20, 2009 2:56 pm | by ALAN SAYRE - Associated Press Writer - Associated Press | News | Comments

NEW ORLEANS (AP) — With money running tight, but buoyed by ratings upgrades, a city board took the first step Wednesday in selling up to $80 million in bonds to fund street repairs and other infrastructure projects backing up since Hurricane Katrina.On an 8-0 vote, the city's Board of Liquidation...

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