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Deere 2Q profit tumbles 38 percent

May 20, 2009 3:33 am | by DANIEL LOVERING - AP Manufacturing Writer - Associated Press | News | Comments

PITTSBURGH (AP) — Deere & Co. on Wednesday posted a 38 percent drop in second-quarter profit as farmers and other customers cut spending on tractors, mowers and construction equipment. The world's largest farm equipment maker slashed its profit forecast for the second time this year.Despite the...

Astronaut recalled Uncle Frank during Hubble fix

May 20, 2009 3:28 am | by SETH BORENSTEIN - AP Science Writer - Associated Press | News | Comments

HOUSTON (AP) — Sometimes all the high-tech training is nothing compared to what Uncle Frank and a big screwdriver can teach an astronaut about removing stubborn parts, even 350 miles above Earth.During a news conference in orbit Wednesday, space shuttle Atlantis astronaut Mike Massimino credited a...

Iraq, Egypt sign energy agreement, 1st Ld-Writethru, ML

May 20, 2009 3:28 am | by SINAN SALAHEDDIN - Associated Press Writer - Associated Press | News | Comments

BAGHDAD (AP) — Iraq and Egypt signed an agreement Wednesday to boost cooperation in the energy field in the latest move by the battered country to improve relations with its Arab neighbors.Iraqi Oil Minister Hussain al-Shahristani said that under the deal, Egyptian oil companies will take part in...

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China calls for upgrading of talks on FTA with Japan, S. Korea+

May 20, 2009 3:27 am | by The Associated Press | News | Comments

BEIJING, May 20 (Kyodo) — China proposed to Japan on Wednesday the upgrading of research on a free trade agreement among China, Japan and South Korea from the private-sector expert level to one involving the government, a Japanese government official said.The Chinese Commerce Ministry made the...

BJ's Wholesale 1Q profit rises nearly 42 percent

May 20, 2009 3:27 am | by SARAH SKIDMORE - AP Retail Writer - Associated Press | News | Comments

PORTLAND, Ore. (AP) — BJ's Wholesale Club Inc. said Wednesday that its first-quarter profit rose nearly 42 percent as shoppers flocked to its stores for necessities, leading the company to raise its 2009 profit guidance.The nation's third-biggest warehouse club has seen its business grow during the...

M/I Homes prices stock offer at $12.50 per share, 1st Ld-Writethru, APFN

May 20, 2009 3:27 am | by The Associated Press | News | Comments

COLUMBUS, Ohio (AP) — Homebuilder M/I Homes Inc. said Tuesday it priced an offering of 4.35 million common shares at $12.50 apiece.Net proceeds from the offering could reach $54.4 million, and the Columbus, Ohio-based homebuilder plans to use those funds for general corporate purposes. M/I Homes...

Markets: World Video Content Delivery Networks Market Business Editors/Technology Editors

May 20, 2009 3:27 am | by The Associated Press | News | Comments

DUBLIN-- (BUSINESS WIRE) — May 20, 2009--Research and Markets (http://www.researchandmarkets.com/research/72bc18/world_video_c nten) has announced the addition of Frost & Sullivan's new report "World Video Content Delivery Networks Market" to their offering.This research covers the world video...

FTSE 100 down 24.14 at 4,458.11, EU

May 20, 2009 3:27 am | by The Associated Press | News | Comments

LONDON (AP) — Share prices on the London Stock Exchange were lower at midday Wednesday.At noon, the FTSE 100-share index was down 24.14 points at 4,458.11.

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Lambert vs. Allen matchup draws 100 million votes, 3rd Ld-Writethru, US

May 20, 2009 3:22 am | by LYNN ELBER - AP Television Writer - Associated Press | News | Comments

LOS ANGELES (AP) — "American Idol" viewers showed they really care whether Adam Lambert or Kris Allen won the crown.As the finale got under way Wednesday, host Ryan Seacrest said more than 100 million votes were cast after Tuesday's singing showdown between Lambert and Allen. A record-setting 624...

Candidates from Mumbai's elite fail to inspire, AS

May 20, 2009 3:22 am | by ERIKA KINETZ - Associated Press Writer - Associated Press | News | Comments

MUMBAI, India (AP) — Meera Sanyal, a senior banker, was supposed to be the new face of Indian politics.The 47-year-old chief executive became the poster-child of a movement that began in the angry aftermath of the terrorist attack on India's financial capital last November.Many hoped the 60-hour...

Body found in burning car in eastern Ky, KY

May 20, 2009 3:22 am | by The Associated Press | News | Comments

PIKEVILLE, Ky. (AP) — A body has been found inside a burning car, spotted in eastern Kentucky by a railroad crew.Kentucky State Police said CSX employees reported seeing the car on fire in rural Johnson County near Offut early Tuesday. Firefighters who responded to the call found the human remains...

NC senators join to oppose cigarette regulation, NC

May 20, 2009 3:15 am | by The Associated Press | News | Comments

RALEIGH, N.C. (AP) — North Carolina's senators are working to oppose legislation to let the U.S. Food and Drug Administration regulate cigarettes.Sens. Richard Burr and Kay Hagan offered amendments during debate in the Senate to weaken the regulation bill. Burr is a Republican and Hagan is a...

Md. man charged in fatal beating of 84-year-old, MD

May 20, 2009 3:15 am | by The Associated Press | News | Comments

BALTIMORE (AP) — Baltimore police have charged a 35-year-old Pikesville man in the fatal beating of an 84-year-old man found dead behind a city gas station.Members of the Regional Warrant Apprehension Task Force arrested Hector Jose Posado at his home Tuesday and he was charged with first-degree...

HL:Inflation rate tumbles to 0.4 per cent in April; lowest in 15 years@

May 20, 2009 3:10 am | by Julian Beltrame@Associated Press | News | Comments

OTTAWA — Canada's annual inflation rate fell to the lowest level in almost 15 years last month as the impact of last year's sharp spike in gasoline prices continue to push overall consumer prices toward negative territory.Statistics Canada said prices overall fell in April by 0.1 per cent on a...

Berry Terminal at Detroit airport gets new life, MI

May 20, 2009 3:09 am | by The Associated Press | News | Comments

ROMULUS, Mich. (AP) — The Berry Terminal at Detroit Metropolitan Airport in Romulus is getting some new life.The Detroit Free Press reports that the Wayne County Airport Authority board on Tuesday approved a plan to renovate the Berry Terminal so airport authority staff could move from Smith...

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