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Michigan gets $78 million for housing renovations, MI

May 22, 2009 1:49 pm | by The Associated Press | News | Comments

LANSING, Mich. (AP) — Michigan is getting $78 million through the federal stimulus program to help build or renovate rental housing for low-income residents.The U.S. Treasury Department announced grants Friday for the Michigan State Housing Development Authority.One of the projects Michigan expects...

Parlay Entertainment Announces Amendments to Stock Option Plan

May 22, 2009 1:49 pm | by The Associated Press | News | Comments

All amounts in Canadian DollarsParlay Entertainment Inc. (TSX VENTURE: PEI), the world's leading supplier of Internet bingo solutions, is pleased to announce that its board of directors approved, on May 20, 2009, amendments to its stock option plan effective May 15, 2009. Parlay is also pleased to...

Wash. moves to cut Medicaid prescription payments, 1st Ld-Writethru, WA

May 22, 2009 1:49 pm | by TIM KLASS - Associated Press Writer - Associated Press | News | Comments

SEATTLE (AP) — Washington state officials moved again Friday to cut Medicaid prescription reimbursement rates to drugstores but only by a third as much as previously sought.The proposed rate as of July 1 would be 84 percent of the average wholesale price for brand-name drugs, 2 percentage points...


S & P rates Hertz, says outlook is negative, APFN

May 22, 2009 1:49 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Standard & Poor's Ratings Services on Friday assigned a B long-term corporate credit rating to Hertz Global Holdings Inc. and a CCC+ rating to its 5.25 percent, $450 million convertible senior notes due 2014.S&P put Hertz on a negative outlook. It also assigned a "6'' recovery...

A timeline of the Daniel Hauser case, MN

May 22, 2009 1:49 pm | by The Associated Press | News | Comments

Some notable events in the case of Daniel Hauser, 13-year-old Sleepy Eye boy who has refused chemotherapy for Hodgkin's lymphoma.___— Jan. 21, 2009: Daniel Hauser, age 12, goes to family doctor with a cough, fatigue and swollen lypmh nodes. Dr. James Joyce suspects lymphoma, refers Daniel to...

Reno-area customers face water rate increase, NV

May 22, 2009 1:49 pm | by The Associated Press | News | Comments

RENO, Nev. (AP) — Water rates are going up for 93,000 homes and businesses in the Reno area.Beginning June 1, customers on meters will see their bills increased by an average of about $1.10 per month. Flat-rate customers will see a larger increase of about $9.30 per month.In approving the increase...

Defense chief visits Bath Iron Works, 2nd Ld-Writethru, US

May 22, 2009 1:49 pm | by DAVID SHARP - Associated Press Writer - Associated Press | News | Comments

BATH, Maine (AP) — The Pentagon's decision to build all three of the Navy's next-generation destroyers at Maine's Bath Iron Works assures plenty of work for shipbuilders for "a considerable number of years into the future," Defense Secretary Robert Gates said Friday.Visiting a shipyard for the...

Former fisherman opens Juneau caricature business, AK

May 22, 2009 1:48 pm | by ERIC MORRISONAssociated Press | News | Comments

JUNEAU, Alaska (AP) — Gabriel Trujillo, an artist and former crab fisherman, turned to the bottle when a couple of his friends died in a fishing accident in 2004."All these tragic things happened and I started drinking really heavy," he said.Now with 3 years of sobriety under his belt, the 36 year...


Decade-old lawsuit over Edwards corruption revived, 1st Ld-Writethru, LA

May 22, 2009 1:48 pm | by ALAN SAYRE - Associated Press Writer - Associated Press | News | Comments

NEW ORLEANS (AP) — A lawsuit alleging that a spurned suitor for a Louisiana riverboat casino license in the 1990s was the victim of extortion from then-Gov. Edwin Edwards was revived Friday by the Louisiana Supreme Court.Without dissent, the high court sent the lawsuit filed by Astoria...

Yahoo's departing CFO to get $1.8M in severance, US

May 22, 2009 1:48 pm | by The Associated Press | News | Comments

SUNNYVALE, Calif. (AP) — Yahoo says it will pay its chief financial officer $1.8 million when he leaves the Internet company this summer.Besides the severance payment, Blake Jorgensen also will get up to 12 months of company-paid medical insurance after he steps aside as Yahoo's chief financial...

HL:Specialty Foods first quarter net profit falls to $2 million from $11.6 million@

May 22, 2009 1:38 pm | by The Associated Press | News | Comments

TORONTO — Specialty Foods Group Income Fund (TSXV:HAM.UN.H) says its net profit fell to just over US$2 million in the first quarter ended March 28 from nearly $11.6 million a year ago.Net sales from continuing operations rose to $61.4 million from $57 million, the Toronto-based food company said...

Former Navy Sec. says ship buying system flawed, APFN

May 22, 2009 1:38 pm | by DONNA BORAK - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — The Navy doesn't appear to know how to buy combat ships and should stop throwing more money into a flawed procurement system, a former leader of the service said Friday.Ever changing requirements, lack of competition among shipbuilders and heavy bureaucracy have thwarted the...

Georgia lawmaker: 2010 should be year of the Bible, US

May 22, 2009 1:37 pm | by The Associated Press | News | Comments

WASHINGTON (AP) — A Republican House member wants President Barack Obama to make 2010 the year of the Bible.There's no sign that Obama will get the chance in the foreseeable future. Georgia Rep. Paul Broun's resolution would have no force of law if passed. And it can't be passed unless majority...

HL:Northstar to pay $5.05 million in settlement with property owners@

May 22, 2009 1:37 pm | by The Associated Press | News | Comments

TORONTO — Northstar Aerospace Inc. (TSX:NAS) said Friday that it has agreed to pay $5.05 million in a settlement with property owners next to its plant in Cambridge, Ont., who had sued the company.The property owners had sought damages for the diminution of property values associated with...

California faces its day of fiscal reckoning

May 22, 2009 1:37 pm | by JULIET WILLIAMS - Associated Press Writer - Associated Press | News | Comments

SACRAMENTO (AP) — The day of reckoning that California has been warned about for years has arrived.The longest recession in generations and the defeat this week of a package of budget-balancing ballot measures are expected to lead to state spending cuts so deep and so painful that they could...


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