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Mass. Senate begins budget debate talking taxes, 3rd Ld-Writethru, MA

May 19, 2009 8:03 am | by STEVE LeBLANC - Associated Press Writer - Associated Press | News | Comments

BOSTON (AP) — The Massachusetts Senate launched its budget debate Tuesday by sorting through dozens of tax plans, including a proposal to raise the state sales tax from 5 percent to 6.25 percent.The Senate quickly rejected by a 28-11 vote a proposal to increase the state income tax rate from 5.3...

Vistior Announces Completion of Private Placement

May 19, 2009 8:02 am | by The Associated Press | News | Comments

Vistior Capital Limited ("Vistior") (TSX VENTURE: VCL) announces the completion of a private placement (the "Transaction") by Visitor of up to 6,771,429 common shares (the "Seafield Shares") of Seafield Resources Ltd. ("Seafield") (TSX VENTURE: SFF) at a price of $0.035 per share for aggregate...

Boeing completes 747-8 Freighter fuselage, WA

May 19, 2009 8:02 am | by The Associated Press | News | Comments

EVERETT, Wash. (AP) — Boeing has completed the assembly of the forward fuselage for the first 747-8 Freighter.It has more than 13 of the additional feet that will make the 747-8 about 18 feet longer than a 747-400.The fuselage also will be stretched 5 feet aft of the wing. Overall, the 747-8...


Kan. gov. signs bill boosting unemployment fund, 1st Ld-Writethru, KS

May 19, 2009 8:02 am | by ROXANA HEGEMAN - Associated Press Writer - Associated Press | News | Comments

WICHITA, Kan. (AP) — Gov. Mark Parkinson signed a bill Tuesday allowing Kansas to tap into $69 million in federal stimulus funds to help with unemployment benefits.The legislation allows more out-of-work Kansans to qualify for benefits. It also extends unemployment benefits by another 26 weeks for...

N.Y. stocks fluctuate in morning on mixed economic data+

May 19, 2009 7:57 am | by The Associated Press | News | Comments

NEW YORK, May 19 (Kyodo) — New York stocks fluctuated on Tuesday morning on mixed economic data.The 30-issue Dow Jones Industrial Average, which gained 235.44 points Monday, slid 2.87 points to stand at 8,501.21 points at 11:20 a.m.The tech-heavy Nasdaq Composite Index, a 52.22 point gainer, inched...

WVa leading push to help firms conserve energy, WV

May 19, 2009 7:57 am | by The Associated Press | News | Comments

MORGANTOWN, W.Va. (AP) — West Virginia's Industries of the Future program is getting $733,000 to help companies cut their energy consumption 25 percent within a decade.The U.S. Department of Energy funding is intended to help form partnerships in West Virginia, western Pennsylvania and eastern...

American Apparel shares fall on 1Q loss, downgrade, APFN

May 19, 2009 7:57 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of American Apparel dropped nearly 20 percent on Tuesday, after the company posted a first-quarter loss and an analyst downgraded the stock to "Hold."The stock — which has traded between $1.20 and $10.25 over the past 52 weeks — dropped $1.08, or 19.7 percent, to $4.40 during...

Air France-KLM reports Q4 net loss, 3rd Ld-Writethru, EU

May 19, 2009 7:57 am | by EMMA VANDORE - AP Business Writer - Associated Press | News | Comments

PARIS (AP) — Air France-KLM on Tuesday posted a net loss of €505 million ($687 million) in the January to March quarter and canceled its dividend as the recession caused a slump in business travel and its cargo business.The net loss in the quarter, the company's fiscal fourth, is modestly smaller...


35 protests filed against NM water transfer, 1st Ld-Writethru, NM

May 19, 2009 7:57 am | by The Associated Press | News | Comments

SANTA FE, N.M. (AP) — Opponents of a proposed water pipeline between Fort Sumner and Santa Fe worry that it would harm the aquifer and Pecos River, jeopardizing an imperiling a threatened fish and the state's compliance with a compact that requires water delivery to Texas.Thirty-five protests from...

Conn. gov. orders state cars parked twice a week, CT

May 19, 2009 7:52 am | by The Associated Press | News | Comments

HARTFORD, Conn. (AP) — State employees in Connecticut can drive their state-owned cars, but only three days a week.Gov. M. Jodi Rell has directed her agencies to keep state vehicles idle for two days a week, except when they're needed for certain functions such as police work, inspections,...

Senate president Atwater running for Fla. CFO spot, 1st Ld-Writethru, FL

May 19, 2009 7:52 am | by BILL KACZOR - Associated Press Writer - Associated Press | News | Comments

TALLAHASSEE, Fla. (AP) — Florida Senate President Jeff Atwater is the first candidate to enter the race for chief financial officer, one of two statewide Cabinet seats that have opened due to the domino effect of Gov. Charlie Crist's decision to run for the U.S. Senate instead of seeking...

Publication requirements would change, NV

May 19, 2009 7:52 am | by The Associated Press | News | Comments

CARSON CITY, Nev. (AP) — The Nevada Senate voted Monday to give final legislative approval to a bill to let officials around Nevada publish an annual list of property taxpayers and their property values on an Internet Web site rather than in local newspapers.AB307, now going to Gov. Jim Gibbons,...

HL:Hanwei Energy Q1 loss nearly five-times; lower wind power equipment sales push revenues down@

May 19, 2009 7:52 am | by The Associated Press | News | Comments

VANCOUVER — Hanwei Energy Services Corp. (TSX:HE) said Tuesday its first-quarter loss deepened to $3.5 million, nearly five times the prior-year's loss as revenues fell 56 per cent.The Vancouver-based company said the loss equalled six cents a share, compared to the year earlier loss of $713,000 or...

EU backs plan for closer aid ties with US, EU

May 19, 2009 7:52 am | by The Associated Press | News | Comments

BRUSSELS (AP) — EU countries have backed plans to develop closer ties with the United States to deliver better and more effective aid projects in the world's poorest nations.Paavo Vayrynen, Finnish trade and development minister says the goal of the plan is to cut red tape, ensuring the billions of...

Kerttula backs off vow to run for Senate, AK

May 19, 2009 7:52 am | by The Associated Press | News | Comments

JUNEAU, Alaska (AP) — Juneau state Rep. Beth Kerttula is backing off from a promise to run for state Senate next year.Kerttula says she will confer with Dennis Egan, who was appointed to fill the Senate seat vacated by Kim Elton, before deciding her immediate political future.After Elton resigned...


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