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MGM Mirage completes private and public offerings, APFN

May 19, 2009 11:45 am | by The Associated Press | News | Comments

LAS VEGAS (AP) — Casino operator MGM Mirage said Tuesday it received proceeds of $2.5 billion from stock and bond offerings, which will be used to help pay down the struggling company's debt and buy back senior notes.The proceeds will help MGM as it aims to boost liquidity and improve its...

Gold prices up modestly as dollar slips, 1st Ld-Writethru, US

May 19, 2009 11:45 am | by SARA LEPRO - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Gold prices rose slightly on Tuesday as the dollar slid against other major currencies. Other commodities, including oil and soybeans, also inched higher.Gold prices tend to benefit when the dollar falls since investors use the precious metal as a hedge against inflation, which can...

Filing alleges home health agency Medicare fraud, 2nd Ld-Writethru, TN

May 19, 2009 11:39 am | by The Associated Press | News | Comments

NASHVILLE, Tenn. (AP) — The owner of a Nashville home health care company and St. Louis attorney have been accused of defrauding nearly $6.3 million out of Medicare, federal prosecutors said Tuesday.The civil complaint names Careall Inc. owner James W. Carell and lawyer Robert Vining, accusing them...


SD Sens among 5 voting against credit card bill, 1st Ld-Writethru, d493, SD

May 19, 2009 11:38 am | by The Associated Press | News | Comments

SIOUX FALLS, S.D. (AP) — South Dakota's U.S. senators, Republican John Thune and Democrat Tim Johnson, were among only five senators who voted against a bill that would ban arbitrary rate hikes and excessive fees charged by credit card companies.The measure passed 90-5 Tuesday afternoon.Johnson was...

SC Gov. vetoes $5.7B state budget over stimulus, 5th Ld-Writethru, SC

May 19, 2009 11:38 am | by JIM DAVENPORT - Associated Press Writer - Associated Press | News | Comments

COLUMBIA, S.C. (AP) — South Carolina Gov. Mark Sanford on Tuesday again blocked his state from receiving federal stimulus cash, this time by vetoing the bulk of a $5.7 billion spending proposal that included a requirement he take the money.Sanford said he is "asking the legislative branch to go...

Ind. children's home to close, convert to new use, 2nd Ld-Writethru, IN

May 19, 2009 11:38 am | by MIKE SMITH - AP Political Writer - Associated Press | News | Comments

INDIANAPOLIS (AP) — Gov. Mitch Daniels' administration is closing Indiana's state school for troubled or needy youth and will use it as home to a National Guard military academy for teens who have dropped out of high school.Administration officials announced the fate of the Soldiers' and Sailors'...

Greast Basin College should be spared layoffs, NV

May 19, 2009 11:38 am | by The Associated Press | News | Comments

ELKO, Nev. (AP) — Great Basin College will have to further reduce its 2008-09 budget by 2.7 percent and some furloughs will be necessary but it should be able to avoid any layoffs, college president Carl Diekhans said."The good news is we've got jobs," Diekhans said Friday during a meeting with...

Recalls for bicycle frames, suspension forks, US

May 19, 2009 11:38 am | by The Associated Press | News | Comments

The following recalls have been announced:— About 3,600 Norco bicycle frames, manufactured in Taiwan by Norco Performance Bikes of Canada, because the frames can crack and separate. The company has received one report of an injury. The recalled products were sold by bicycle distributors around the...


ND regulators oppose 'cap and trade' carbon regs, APFN

May 19, 2009 11:38 am | by The Associated Press | News | Comments

BISMARCK, N.D. (AP) — North Dakota utility regulators say they oppose a mechanism called "cap and trade" as a way to regulate gases that may cause global warming.Under cap and trade, the federal government puts an overall limit on carbon dioxide emissions. Utilities and industries can buy rights to...

Vote on longer NFL season not likely this week, 1st Ld-Writethru, FBN

May 19, 2009 11:38 am | by TIM REYNOLDS - AP Sports Writer - Associated Press | News | Comments

FORT LAUDERDALE, Fla. (AP) — The prospect of more NFL games apparently is going to require more talking.NFL commissioner Roger Goodell said Tuesday he doesn't anticipate a vote at this week's spring meeting in South Florida on lengthening the regular season to 17 or 18 games.The NFL extended its...

Empty retail space growing on Oahu, HI

May 19, 2009 11:38 am | by The Associated Press | News | Comments

HONOLULU (AP) — A commercial real estate firm says retail vacancies on Oahu are at a five-year high, while the average rent being asked by landlords has fallen for the first time in six years.Colliers Monroe Friedlander also says the amount of empty retail space on the island could double this...

Target shareholders get dueling advice over board, 1st Ld-Writethru, US

May 19, 2009 11:33 am | by The Associated Press | News | Comments

MINNEAPOLIS (AP) — Two more financial advisory firms have waded into the debate over hedge fund manager William Ackman's bid to change the management of Target Corp.Glass Lewis & Co. said Tuesday that shareholders should approve the four board nominees suggested by Target Corp., which wants to keep...

Lebanese official: Biden to visit Lebanon Friday, ML

May 19, 2009 11:33 am | by HUSSEIN DAKROUB - Associated Press Writer - Associated Press | News | Comments

BEIRUT (AP) — Vice President Joe Biden will visit Beirut this week in a show of support for the Lebanese president ahead of crucial elections that could see a U.S.-backed government ousted by a Hezbollah-led coalition, a Lebanese official said Tuesday.Biden is expected to meet President Michel...

2nd lawsuit filed over E. coli outbreak, 1st Ld-Writethru, OK

May 19, 2009 11:33 am | by JUSTIN JUOZAPAVICIUS - Associated Press Writer - Associated Press | News | Comments

TULSA, Okla. (AP) — A wrongful death complaint has been filed against a Locust Grove restaurant where a still-unsolved E. coli outbreak killed one man and sickened hundreds more last summer.Cynthia Ingle, the widow of 26-year-old victim Chad Ingle, filed the complaint Monday in Mayes County...

Bioscience group awards $11 million in Kansas, KS

May 19, 2009 11:33 am | by The Associated Press | News | Comments

WICHITA, Kan. (AP) — The Kansas Bioscience Authorities has approved more than $11 million in new investments to various Kansas projects and centers. The grants are part of a $581 million initiative to help Kansas researchers.About $4 million will initially go to establish a center to create medical...


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