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Number of active oil rigs falls by 18

May 22, 2009 10:01 am | by The Associated Press | News | Comments

HOUSTON (AP) — The number of rigs actively exploring for oil and natural gas in the United States fell by 18 this week to 900, down more than half from a year ago.Of the rigs running nationwide, 711 were exploring for natural gas and 180 for oil, Houston-based Baker Hughes Inc. reported Friday....

Good job news in April, unemployment drops, VT

May 22, 2009 10:01 am | by The Associated Press | News | Comments

MONTPELIER, Vt. (AP) — Vermont's unemployment rate dropped one-tenth of a percentage point in April, to 7.1 percent of the work force.It was the first drop in unemployment since early 2008.But last month's unemployment rate is still 2.5 percentage points higher than in April 2008.Labor Commissioner...

New Spaghetti & Meatballs Dish Launches in Washington, D.C. on May 27, 2009

May 22, 2009 9:56 am | by The Associated Press | News | Comments

http://www.noodles.com () —Noodles & Company, the quick-casual, globally inspired noodle restaurant that serves a balanced menu of freshly sauteed Asian, Mediterranean and American cuisine, is introducing a new signature, comfort food dish to its Washington, D.C. menu -- Spaghetti & Meatballs. This...

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Sick trees halt camping at State Forest State Park, 2nd Ld-Writethru, CO

May 22, 2009 9:56 am | by The Associated Press | News | Comments

WALDEN, Colo. (AP) — Campers hoping to stay overnight at State Forest State Park in Walden for Memorial Day weekend will have to go elsewhere.The park says its roughly 200 campsites are closed indefinitely due to fears that high winds could topple trees infested with mountain pine beetles.Park...

FDIC: new fee system to replenish insurance fund, 2nd Ld-Writethru, US

May 22, 2009 9:56 am | by MARCY GORDON - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — Federal regulators on Friday adopted a new system of special fees paid by U.S. financial institutions that will shift more of the burden to bigger banks to help replenish the deposit insurance fund.The move by the Federal Deposit Insurance Corp. cut by about two-thirds the amount...

Red Condor Warns of New Twitter Invitation Virus

May 22, 2009 9:50 am | by The Associated Press | News | Comments

http://www.redcondor.com () —Email security experts at Red Condor (http://www.redcondor.com/) are warning the general public about a new Twitter invitation virus currently being detected by only a few virus scanners. The email containing the virus, which was detected May 21, 2009 by Red Condor's...

Analysts cut ATC Tech after Honda drops contract, APFN

May 22, 2009 9:49 am | by The Associated Press | News | Comments

NEW YORK (AP) — Two analysts cut their ratings for ATC Technology Corp. Friday after the vehicle remanufacturing and logistics company withdrew its full-year forecast following Honda's decision to drop its automatic transmissions remanufacturing service.Downers Grove, Ill.-based ATC said it...

HealthSouth says court set aside $376M judgment, APFN

May 22, 2009 9:49 am | by The Associated Press | News | Comments

BIRMINGHAM (AP) — HealthSouth Corp., an inpatient rehabilitation services provider, said Friday a U.S. District Court set aside a $376 million judgment against the company.HealthSouth said the U.S. District Court for the Eastern District of Michigan agreed that the 2004 judgment was the result of...

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Forgent Networks (d/b/a Asure Software) Letter to Stockholders

May 22, 2009 9:49 am | by The Associated Press | News | Comments

http://www.asuresoftware.com () —Asure Software (NASDAQ: ASUR)Open letter to shareholdersYou should have received a proxy from Asure Software asking for your vote regarding taking the company private. To many of you, this idea may seem alarming because it immediately calls into question how you...

FDIC: new fee system to replenish insurance fund

May 22, 2009 9:43 am | by MARCY GORDON - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — Federal regulators on Friday adopted a new system of special fees paid by U.S. financial institutions that will shift more of the burden to bigger banks to help replenish the deposit insurance fund.The move by the Federal Deposit Insurance Corp. cut by about two-thirds the amount...

Shelby Co. schools no longer under federal order, 1st Ld-Writethru, TN

May 22, 2009 9:43 am | by The Associated Press | News | Comments

MEMPHIS, Tenn. (AP) — The county school system outside Memphis is no longer under federal supervision for desegregation after 46 years.The Shelby County schools, which make up a predominantly white, smaller school district than the mostly black Memphis city school system, have been under U.S....

Oklahoma's jobless rate climbs to 6.2 pct in April, APFN

May 22, 2009 9:43 am | by The Associated Press | News | Comments

OKLAHOMA CITY (AP) — Oklahoma was among 44 states that lost jobs in April and the state's unemployment rate increased to 6.2 percent, still well below the national rate of 8.9 percent.A U.S. Labor Department report issued Friday found that Oklahoma lost 7,500 jobs from March to April and the...

US drops remaining tax charge against Castroneves, 4th Ld-Writethru, CAR

May 22, 2009 9:43 am | by CURT ANDERSON - AP Legal Affairs Writer - Associated Press | News | Comments

MIAMI (AP) — Federal prosecutors dropped the remaining tax evasion conspiracy charge against two-time Indianapolis 500 champion Helio Castroneves and his sister on Friday, clearing the Brazilian driver of all the charges that once threatened to derail his career.Castroneves, 34 and one of the...

HL:Inventronics first quarter net profits fall to $57,000 from $172,000 as sales cut in half@

May 22, 2009 9:43 am | by The Associated Press | News | Comments

CALGARY — Inventronics Ltd. (TSXV:IVX), a designer and manufacturer of custom enclosures for the telecommunications, electric transmission, cable and other industries, says its net profits fell to $57,000 or 1.3 cents per share for the first quarter ended March 31, down from $172,000 or 3.9 cents...

Loco, Inc. Announces Closing of Senior Secured Notes Offering Business Editors

May 22, 2009 9:43 am | by The Associated Press | News | Comments

COSTA MESA, Calif.-- (BUSINESS WIRE) — May 22, 2009-- El Pollo Loco, Inc. announced today that it has closed its previously announced offering of $132.5 million aggregate principal amount of 11¾% senior secured notes due 2012. The Notes were issued at a price equal to 98.000% of their face...

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