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HL:Accountant sentenced for stealing from one employer to repay another@

May 27, 2009 2:59 pm | by The Associated Press | News | Comments

TORONTO — An accountant was sentenced Wednesday to six years in prison for plundering his current company to pay back hundreds of thousands of dollars he ripped off from a previous employer whose life he left "shattered.""...

Conflict of interest question airs at Ariz. Senate, AZ

May 27, 2009 2:58 pm | by PAUL DAVENPORT - Associated Press Writer - Associated Press | News | Comments

PHOENIX (AP) — A state representative's work for a school tuition organization drew scrutiny Wednesday amid consideration of legislation for new tax credits, but a colleague said that same scrutiny should apply to all...

140 West Tennessee layoffs announced, TN

May 27, 2009 2:58 pm | by The Associated Press | News | Comments

JACKSON, Tenn. (AP) — Young Touchstone has laid off 140 employees at plants in Jackson and Lexington.Seventy employees, totaling 30 percent of the company's local work force, was laid off from each of the two plants.The...

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School cafeteria oil could power Montgomery buses, 1st Ld-Writethru, AL

May 27, 2009 2:53 pm | by DESIREE HUNTER - Associated Press Writer - Associated Press | News | Comments

MONTGOMERY, Ala. (AP) — Alabama's school children might one day ride to-and-from campus in buses that are powered with cooking oil leftover from making their lunches in the school cafeteria.That's a possibility being...

Delta Faucet to shed 265 jobs in Greensburg, IN

May 27, 2009 2:53 pm | by The Associated Press | News | Comments

CARMEL, Ind. (AP) — Delta Faucet Co. says it will save money by moving an assembly and brazing operation at a plant in southeastern Indiana to a plant in Tennessee.The Carmel-based company says it will cut 265 jobs at the...

Obama touts economy, Sotomayor, at fundraiser, 2nd Ld-Writethru, US

May 27, 2009 2:53 pm | by CHARLES BABINGTON - Associated Press Writer - Associated Press | News | Comments

LOS ANGELES (AP) — President Barack Obama defended his Supreme Court pick and painted an upbeat vision of the economy Wednesday as he addressed major donors to the Democratic Party in Beverly Hills."It's safe to say we have...

NJ sues 3 outlets over early sale of Boss tickets, APFN

May 27, 2009 2:52 pm | by DAVID PORTER - Associated Press Writer - Associated Press | News | Comments

NEWARK, N.J. (AP) — New Jersey's attorney general on Wednesday sued three companies accused of selling tickets to upcoming Bruce Springsteen shows before they were available to the public.The suits claim that the companies...

Calif to remain key in gay marriage fight, 4th Ld-Writethru, CA

May 27, 2009 2:52 pm | by LISA LEFF - Associated Press Writer - Associated Press | News | Comments

SAN FRANCISCO (AP) — California's status as a guardian of gay rights slipped this week when its highest court upheld a voter-approved ban on same-sex marriage, even as other states extend the institution to gay couples."Are...

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Jo-Ann Stores' 1st-qtr profit more than doubled, APFN

May 27, 2009 2:47 pm | by The Associated Press | News | Comments

HUDSON, Ohio (AP) — Fabric and craft retailer Jo-Ann Stores Inc. said Wednesday that its profit more than doubled in its fiscal first quarter and it reaffirmed its earnings outlook for fiscal 2010.For the quarter that ended...

Louisiana Editorial Roundup, LA

May 27, 2009 2:46 pm | by The Associated Press | News | Comments

Some recent editorials in Louisiana:May 26, 2009The Times-Picayune, New OrleansOn: Governor's recordsAt the urging of Gov. Bobby Jindal, state senators last week amended and passed a bill that purports to bring transparency...

GM all but certain to file for Chapter 11

May 27, 2009 2:46 pm | by JOHN PORRETTO - AP Business Writers - Associated Press | News | Comments

DETROIT (AP) — General Motors, the company that put tail fins on a Cadillac and was once the nation's largest employer, moved to the edge of bankruptcy protection Wednesday as debtholders refused a last-ditch deal. Crosstown...

Another wrongly convicted inmate released in Texas, 2nd Ld-Writethru, TX

May 27, 2009 2:45 pm | by JEFF CARLTON - Associated Press Writer - Associated Press | News | Comments

DALLAS (AP) — Jerry Lee Evans, a wrongly convicted man released Wednesday after nearly 23 years in prison, said he was certain he would be acquitted during his 1987 trial for aggravated sexual assault with a deadly weapon."...

Commission Requests Additional Information on Jacobs Ranch Transaction Business Editors

May 27, 2009 2:45 pm | by The Associated Press | News | Comments

LONDON-- (BUSINESS WIRE) — May 27, 2009-- Rio Tinto has received a request from the U.S. Federal Trade Commission (FTC) for additional information on the pending sale of its Jacobs Ranch coal mine to Arch Coal, Inc. The...

2 Boston Scientific directors leave board, APFN

May 27, 2009 2:45 pm | by The Associated Press | News | Comments

NATICK, Mass. (AP) — Medical device maker Boston Scientific Corp. said Wednesday Ursula Burns and Kristina Johnson have resigned from the company's board after accepting senior industry and government appointments.Burns has...

Grads apply in record numbers to Teach for America, 3rd Ld-Writethru, APFN

May 27, 2009 2:45 pm | by LIBBY QUAID - AP Education Writer - Associated Press | News | Comments

WASHINGTON (AP) — When school starts next fall, Teach for America will send an unprecedented number of college graduates to teach in poor communities across the country — but not as many as the group would like.Teach for...

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