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Charities see potential, risk with social networks

April 24, 2009 8:25 am | by JOHN FLESHER - Associated Press Writer - Associated Press | News | Comments

TRAVERSE CITY, Mich. (AP) — Meredith Bowen was getting tired of requests from Facebook friends to exchange make-believe pansies, daffodils and tiny cartoon characters for her "(Lil) Green Patch," a virtual garden that sprouted on her social-networking page about a year ago.She was ready to delete...

Tentative deal between Chrysler and Canada union

April 24, 2009 8:05 am | by The Associated Press | News | Comments

TORONTO (AP) — Chrysler and the Canadian government had told Canadian Auto Workers they wanted concessions that would make the automaker's labor costs competitive with that of non-unionized Toyota in Canada.On Friday night they got what they asked for as Chrysler and union negotiators reached a...

Former Facebook exec Van Natta to be MySpace CEO

April 24, 2009 8:00 am | by The Associated Press | News | Comments

NEW YORK (AP) — With MySpace falling behind Facebook as the world's largest online social network, MySpace tapped a former Facebook executive Friday as its new chief executive.Owen Van Natta, 39, replaces Chris DeWolfe, a co-founder of MySpace, who stepped down as chief executive Wednesday. News...

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Former Freddie Mac CEO returning as consultant

April 24, 2009 7:19 am | by ALAN ZIBEL - AP Real Estate Writer - Associated Press | News | Comments

WASHINGTON (AP) — Mortgage finance company Freddie Mac, coping with the apparent suicide of its acting chief financial officer, said Friday that its former chief executive is coming back temporarily to help oversee the company's finances.David Moffett, the former government-appointed CEO who...

Hypo says German gov't wants to take 90 pct stake

April 24, 2009 7:19 am | by The Associated Press | News | Comments

FRANKFURT (AP) — Hypo Real Estate says German government intends to take 90 percent stake for euro5.6 billion ($7.4 billion).The bank says in a statement released Friday that the bank's management and supervisory boards approve the takeover offer from the government's German Special Fund for...

Facebook to adopt new rules despite vote shortfall

April 24, 2009 7:19 am | by The Associated Press | News | Comments

NEW YORK (AP) — Facebook will adopt new rules governing the social network even though a vote fell well short of a minimum threshold.The new documents specify, among other things, that users own their information, not Facebook. An earlier attempt to push changes led to user confusion and protests...

March new home sales down 0.6 pct

April 24, 2009 7:14 am | by ALAN ZIBEL - AP Real Estate Writer - Associated Press | News | Comments

WASHINGTON (AP) — New U.S. home sales dipped slightly last month, but still beat expectations as builders start to see long-awaited encouraging signs about the housing market — including a dip in the inventory of new homes for sale.The Commerce Department said Friday that sales fell 0.6 percent in...

Durable goods, new home sales better than expected

April 24, 2009 7:14 am | by MARTIN CRUTSINGER - AP Economics Writer - Associated Press | News | Comments

WASHINGTON (AP) — Demand for big-ticket manufactured goods and new home sales both were better than expected in March, raising some hopes that the long slides in manufacturing and housing are slowly coming to an end.The Commerce Department said Friday that orders for durable goods dropped 0.8...

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WTO rules against US in trade dispute with Japan

April 24, 2009 6:54 am | by The Associated Press | News | Comments

GENEVA (AP) — The World Trade Organization ruled against the United States on Friday in a trade case, saying it continued to apply illegal import duties on Japanese steel products and ball bearings.The 65-page verdict says Washington had failed to change how it sets fees for goods it suspects are...

'Madden NFL 10' to cover Polamalu, Fitzgerald

April 24, 2009 6:43 am | by LOU KESTEN - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — For the first time in its storied (some say cursed) history, the cover of EA Sports' "Madden NFL" video game will feature two cover athletes: Pittsburgh Steelers safety Troy Polamalu and Arizona Cardinals receiver Larry Fitzgerald."Being on the cover of 'Madden' is a real honor,"...

AP sources: Chrysler could still avoid bankruptcy

April 24, 2009 6:43 am | by The Associated Press | News | Comments

DETROIT (AP) — With a government-imposed deadline for massive restructuring less than a week away, Chrysler LLC and Treasury Department officials are still holding out hope that they can reach deals to keep the troubled automaker out of bankruptcy court, two people briefed on the talks said...

H & R Block prepares fewer tax returns this year

April 24, 2009 6:13 am | by The Associated Press | News | Comments

KANSAS CITY, Mo. (AP) — H&R Block Inc. said Friday it prepared 3.1 percent fewer returns in the just-completed tax filing season, although tax preparation revenue rose slightly because of higher average fees and more complex returns.In its final tax season update for fiscal 2009, the nation's...

Delta Air to return to Dallas Love Field

April 24, 2009 6:08 am | by The Associated Press | News | Comments

DALLAS (AP) — Delta Air Lines Inc. said Friday it will begin flights to and from Dallas Love Field this summer.The move will put Delta, the world's largest airline operator, head-to-head against Southwest Airlines Co., the dominant carrier at close-in Love Field.To meet with legal restrictions at...

FAA: bird strikes more than double at big airports

April 24, 2009 5:48 am | by The Associated Press | News | Comments

WASHINGTON (AP) — Airplane collisions with birds have more than doubled at 13 major U.S. airports since 2000, and New York's Kennedy airport and Sacramento International report the most incidents with serious damage, according to Federal Aviation Administration data released for the first time...

Safran to buy 81pct stake in GE Security unit

April 24, 2009 5:37 am | by The Associated Press | News | Comments

NEWARK, Calif. (AP) — French aerospace and defense manufacturer Safran Group has agreed to buy an 81 percent stake in GE Security Inc.'s homeland protection business for $580 million.Under the deal, GE Security's corporate parent, General Electric Co., will retain a 19 percent stake in the...

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