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LEAD: Japanese economy's worst period probably over: Yosano+

May 20, 2009 1:34 am | by The Associated Press | News | Comments

TOKYO, May 20 (Kyodo) — (EDS: RECASTING. ADDING INFO)The worst period for the Japanese economy may be over, Finance Minister Kaoru Yosano said Wednesday after government data showed the economy suffered the most serious recession in the first quarter of the year since the end of World War...

Conn. reviews stimulus money's affect on elderly, 1st Ld-Writethru, CT

May 20, 2009 1:29 am | by The Associated Press | News | Comments

HARTFORD, Conn. (AP) — Connecticut authorities say the state's share of federal stimulus money will boost nutrition programs, job training and other services to senior citizens.The issue was the focus of a forum Wednesday at the state Capitol, where advocates for Connecticut's aging population met...

Automakers see green incentives lifting demand

May 20, 2009 1:24 am | by YURI KAGEYAMA - AP Business Writer - Associated Press | News | Comments

TOKYO (AP) — Government incentives in Europe and Japan to buy green vehicles are gradually lifting sales at Japan's automakers, offering a bit of relief to the battered industry.Mazda said Wednesday that production at its Japanese plants will return to full capacity next month as demand in Europe...

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Euro up against the dollar to $1.3661, EU

May 20, 2009 1:19 am | by The Associated Press | News | Comments

BERLIN (AP) — The euro climbed against the dollar on Wednesday, helped by a jump in a German investor confidence indicator the previous day.The 16-nation euro bought $1.3661 in European morning trading, up from the $1.3650 late Tuesday in New York.The British pound bought $1.5528, up from the...

Bandwidth Limits on Web Hosting Packages Business Editors

May 20, 2009 1:19 am | by The Associated Press | News | Comments

LONDON-- (BUSINESS WIRE) — May 20, 2009-- Leading UK domain name registration and web hosting company, www.LCN.com today announced significant upgrades to its shared hosting plans to provide more value to both new and existing customers. LCN.com is now offering increased bandwidth and web space on...

Dollar falls to mid-95 yen zone on bleak U.S. housing, Japan GDP+

May 20, 2009 1:14 am | by The Associated Press | News | Comments

TOKYO, May 20 (Kyodo) — The U.S. dollar briefly fell into the mid-95 yen zone Wednesday in Tokyo as dollar selling took the upper hand on disappointing U.S. housing data and a record contraction in Japan's gross domestic product.At 5 p.m., the dollar fetched 95.98-96.00 yen versus Tuesday's 5 p.m....

Toll Brothers Reports Preliminary FY 2009 2nd QTR and 6 Month Totals for Home Building Revenues, Backlog and Contracts

May 20, 2009 1:14 am | by GLOBE NEWSWIREAssociated Press | News | Comments

HORSHAM, Pa., May 20, 2009 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today reported preliminary results for its second quarter and first six months ended April 30, 2009.FY 2009 second-quarter home building revenues of...

Electrician: Contractor did faulty wiring in Iraq, US

May 20, 2009 1:08 am | by KIMBERLY HEFLING - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — An electrician hired by the Army to help inspect electrical work at facilities where U.S. soldiers operate in Iraq says 90 percent of wiring done in newly constructed buildings by one military contractor was done improperly.The inspector, Jim Childs, says that means electrical...

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China tightening controls on bank lending

May 20, 2009 1:08 am | by The Associated Press | News | Comments

SHANGHAI (AP) — China's banking regulator is tightening controls on lending to prevent abuses, as auditors reported that some spending for economic stimulus programs is being diverted or delayed.The new rules, announced by the China Banking Regulatory Commission late Tuesday, apply to bank loans...

Vt. car dealers weighing options amid GM closures, VT

May 20, 2009 1:03 am | by The Associated Press | News | Comments

BURLINGTON, Vt. (AP) — At least two Vermont Chevrolet dealers say they stand to lose their franchises by late next year when General Motors Corp. begins dropping 1,100 showrooms.Last week, the company announced plans to pare down its roster of dealers.One is John Gilmour who owns Wells River...

Albemarle has partner for food safety products, LA

May 20, 2009 1:03 am | by The Associated Press | News | Comments

BATON ROUGE, La. (AP) — Albemarle Corp. has named a unit of Ely Lilli & Co. as its North American marketing partner for a slate of planned food safety products.Albemarle will be working with Ivy Natural Solutions, a subsidiary of Elanco, a global research company owned by Eli LillyBaton Rouge-based...

Wickles Pickles Offers Creative Recipe Solutions

May 20, 2009 1:03 am | by The Associated Press | News | Comments

http://www.simsfoods.com () —Memorial Day is traditionally the start of the outdoor grilling season, a time when families and friends gather in the backyard, around the pool, or on the porch or deck and enjoy time visiting, reminiscing, eating and drinking.Generally, mom heads-up the kitchen...

Selects LiveWorld as Provider for New Social Network About Inspiring and Empowering Women Business Editors/Technology Editors

May 20, 2009 1:03 am | by The Associated Press | News | Comments

NEW YORK & SAN JOSE, Calif. & LONDON-- (BUSINESS WIRE) — May 20, 2009-- BraveHeart Women has selected LiveWorld, Inc. (Pink Sheets:LVWD) (www.liveworld.com), a leading social network marketing agency, as provider of its new online community described as Social Networking With a Purpose. The new...

GM Europe receives 3 bids for Opel, 8th Ld-Writethru, EU

May 20, 2009 1:03 am | by PATRICK McGROARTY - Associated Press Writer - Associated Press | News | Comments

BERLIN (AP) — Three investors filed bids Wednesday to take over or invest in General Motors Corp.'s ailing unit Adam Opel GmbH, a GM Europe spokesman said.Italian car maker Fiat SpA, Canadian auto parts maker Magna International and New York-based buyout firm Ripplewood Holdings LLC submitted plans...

Brazil's Lula concludes China visit, multiple deals inked+

May 20, 2009 12:58 am | by The Associated Press | News | Comments

BEIJING, May 20 (Kyodo) — Brazilian President Luiz Inacio Lula da Silva on Wednesday concluded a three-day state visit to China during which various agreements were inked including a $10 billion loan to Brazil's state-owned energy company.The visit underscored expanding economic and trade...

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