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Students' scores improve on state's standard tests, 4th Ld-Writethru, LA

May 18, 2009 1:44 pm | by KEVIN McGILL - Associated Press Writer - Associated Press | News | Comments

BATON ROUGE, La. (AP) — Louisiana public school students showed "exceptional growth" in their scores on the state's standardized tests this year, state Education Superintendent Paul Pastorek said Monday.He said the number of students achieving at least a "basic" level score increased in 28 of the...

Philly newspapers can use cash during bankruptcy

May 18, 2009 1:44 pm | by The Associated Press | News | Comments

PHILADELPHIA (AP) — Philadelphia Newspapers can continue to use its cash to fund operations through late June in a deal reached with creditors.The agreement between the newspaper company and senior lenders renders moot a scheduled hearing Tuesday on the company's Chapter 11 bankruptcy.Philadelphia...

CrossHarbor wins exclusive Yellowstone Club, 2nd Ld-Writethru, US

May 18, 2009 1:38 pm | by KAHRIN DEINES - Associated Press Writer - Associated Press | News | Comments

BUTTE, Mont. (AP) — Rival parties vying for control of a bankrupt Montana resort for the rich reached a court-approved deal Monday that gives a Boston-based investment firm control.CrossHarbor Capital Partners will pay $115 million for the Yellowstone Club, located near Big Sky in southwestern...


ContentType:Spot Development; ContentElement:FastStory; Breaking:True;, 1st Ld-Writethru, NH

May 18, 2009 1:38 pm | by The Associated Press | News | Comments

NASHUA, N.H. (AP) — Lawyers painted starkly different pictures of a former Connecticut man being retried for the 2003 killing of his girlfriend's mother in Nashua, N.H.Defense lawyers told a jury in Nashua on Monday that 24-year-old William Sullivan Jr. is seriously mentally ill and belongs in a...

Bank of America, Lowe's, MGM Mirage are big movers, US

May 18, 2009 1:38 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:NYSEBank of America Corp., up $1.06 at $11.73A prominent banking equity analyst added the bank to a list of top stock picks, saying operating profit should make up for...

Goldman Sachs, Morgan Stanley apply to repay TARP

May 18, 2009 1:38 pm | by STEVENSON JACOBS - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Goldman Sachs and Morgan Stanley have formally asked the Federal Reserve for permission to repay a combined $20 billion in federal bailout money.The requests are pending, and no decision has been made on whether the investment banks will get approval to repay the money and sever...

Airport options considered in central Idaho, 2nd Ld-Writethru, ID

May 18, 2009 1:38 pm | by The Associated Press | News | Comments

HAILEY, Idaho (AP) — The Federal Aviation Administration plans a preliminary decision in November 2011 on the possible location and construction of a new airport in this central Idaho resort area.Cayla Morgan, the FAA project manager for the Environmental Impact Statement on replacing Friedman...

Clark County Commission approves $1.3B budget, NV

May 18, 2009 1:38 pm | by The Associated Press | News | Comments

LAS VEGAS (AP) — Clark County commissioners have approved a $1.3 billion spending plan for the upcoming fiscal year, amid complaints about a state proposal to siphon away more than $30 million in property tax funds.Commissioners complained Monday that a measure in the Legislature would let the...


Mass. Senate begins budget debate talking taxes, 2nd Ld-Writethru, MA

May 18, 2009 1:38 pm | by STEVE LeBLANC - Associated Press Writer - Associated Press | News | Comments

BOSTON (AP) — The Massachusetts Senate is sifting through dozens of tax plans, including a proposal to raise the state sales tax from 5 percent to 6.25 percent.The Senate quickly rejected by an 11-28 vote a proposal to increase the state income tax rate from 5.3 percent to 5.9 percent. Supporters...

On final day, no final Minn. budget for lawmakers, 1st Ld-Writethru, APFN

May 18, 2009 1:38 pm | by BRIAN BAKST - Associated Press Writers - Associated Press | News | Comments

ST. PAUL, Minn. (AP) — The Minnesota Legislature's 2009 session lurched toward a midnight ending on Monday without a balanced budget — an unnerving prospect for cities and counties, schools and people on state health assistance likely to face fallout in days to come.Top Democrats emerged from a...

Deadly 1944 West Loch tragedy to be remembered, HI

May 18, 2009 1:32 pm | by HERBERT A. SAMPLE - Associated Press Writer - Associated Press | News | Comments

HONOLULU (AP) — It is a forgotten tale from an almost forgotten saga.By May 21, 1944, nearly 2½ years after the attack on Pearl Harbor, the U.S. military was island hopping through the South Pacific, slowly whittling away at Japan's war-fighting ability.Back at Pearl Harbor, a Navy armada was a few...

Dollar slides as stocks rally on renewed optimism

May 18, 2009 1:32 pm | by The Associated Press | News | Comments

NEW YORK (AP) — The dollar dropped against the euro and the pound Monday after a better-than-expected profit report from Lowe's Cos. and an uptick in homebuilder sentiment revived investors' confidence in an economic rebound.The 16-nation euro advanced to $1.3534 in late New York trading from...

Huntsman: US-China relationship most important, 4th Ld-Writethru, UT

May 18, 2009 1:32 pm | by BROCK VERGAKIS - Associated Press Writer - Associated Press | News | Comments

SALT LAKE CITY (AP) — Utah Gov. Jon Huntsman — newly nominated to serve as the United States' ambassador to China — said Monday he and President Barack Obama believe the U.S. relationship with China is its most important one in the world.Huntsman, a popular Republican governor who just started his...

American Apparel posts $9 million loss in 1Q, APFN

May 18, 2009 1:32 pm | by The Associated Press | News | Comments

LOS ANGELES (AP) — American Apparel Inc. said Monday it posted a first-quarter loss amid lower same-store sales and higher expenses, and shares slid in aftermarket trading after the retailer lowered its yearly revenue outlook.The stock sank $1.07, or 19.6 percent, to $4.40 in aftermarket trading,...

HL:Another big grocery chain to charge for plastic and paper bags@

May 18, 2009 1:32 pm | by Tamara King@Associated Press | News | Comments

TORONTO — Another major grocery store chain will soon ask shoppers in Ontario and Quebec to spend a nickel for each throwaway plastic bag, a practice that environmentalists believe will soon become the norm at supermarkets nationwide.Metro Inc. (TSX:MRU.A), which operates nearly 600 stores, is set...


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