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Surging China bank loans a concern, Fitch says

May 21, 2009 2:49 am | by ELAINE KURTENBACH - AP Business Writer - Associated Press | News | Comments

SHANGHAI (AP) — China's record surge in bank lending, driven by government stimulus programs and lenders' profit targets, may be undermining the future health of the industry, Fitch Ratings said in a report Thursday.The report came amid growing doubts over whether China's economy is truly headed...

Court allows UK man to appeal extradition to US, EU

May 21, 2009 2:48 am | by The Associated Press | News | Comments

LONDON (AP) — Retired U.K. businessman Ian Norris has won permission to pursue a further appeal in his battle to avoid extradition to the United States where he faces trial on charges of obstructing justice.Norris and three other Morgan Crucible executives were indicted in Pennsylvania in 2003 on...

How Allen ascended from meek audition to 'Idol', US

May 21, 2009 2:43 am | by DERRIK J. LANG - AP Entertainment Writer - Associated Press | News | Comments

LOS ANGELES (AP) — Not much has changed about Kris Allen since his mostly forgettable "American Idol" audition.Well, except for the winning-it-all part.When the 23-year-old college student from Conway, Ark., first auditioned with Leon Russell's "A Song for You" in Louisville, Ky., he seemed nothing...

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22 foreign automakers to skip Tokyo Motor Show, AS

May 21, 2009 2:42 am | by The Associated Press | News | Comments

TOKYO (AP) — More than 20 major foreign carmakers, including General Motors Corp. and Germany's BMW AG, will skip the Tokyo Motor Show later this year to save costs, the organizer said Thursday, underlining a deepening slump in the global auto industry."It is unprecedented to see such a large...

Soldier tribute planned at state Capitol, ND

May 21, 2009 2:36 am | by The Associated Press | News | Comments

BISMARCK, N.D. (AP) — The North Dakota National Guard is honoring service members from the state who have been killed in the war on terror.The Guard is hosting a "Sacrifice for Freedom" tribute at the state Capitol's Memorial Hall on Thursday morning.Maj. Gen. David Sprynczynatyk...

Aberdeen Market Alert Highlights Advantage of Shavlik Technologies' New Endpoint Security Initiative Business Editors

May 21, 2009 2:31 am | by The Associated Press | News | Comments

ST. PAUL, Minn.-- (BUSINESS WIRE) — May 21, 2009-- Shavlik Technologies, LLC, the market leader in simplifying and automating critical IT operations, today reported that the company's integration of antivirus and antispyware technology from Sunbelt Software into Shavlik NetChk(R) Protect has been...

Big Dig subcontractor pleads guilty to overbilling, MA

May 21, 2009 2:31 am | by The Associated Press | News | Comments

BOSTON (AP) — A company that worked on Boston's $15 billion Big Dig has pleaded guilty in federal court to overbilling the highway project by claiming some workers were entitled to higher pay.Federal prosecutors said Wednesday that Adams Management Group, Inc. pleaded guilty to a single count of...

House GOP proposes tax hike to close budget gap, DE

May 21, 2009 2:31 am | by The Associated Press | News | Comments

DOVER, Del. (AP) — Delaware House Republicans are proposing a plan to close part of the state's $800 million budget gap that includes an increase in personal income tax.The plan announced Wednesday would avoid pay cuts for state employees.But the plan would increase the personal income tax by 0.5...

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Search goes on for 2 crew in Navy helicopter crash, CA

May 21, 2009 2:26 am | by ELLIOT SPAGAT - Associated Press Writer - Associated Press | News | Comments

SAN DIEGO (AP) — The Navy and Coast Guard scoured the ocean before dawn Thursday for two more members of a Navy flight crew whose helicopter went down on a training flight from an aircraft carrier, killing at least three, authorities said.A team of Navy search and salvage specialists planned to use...

Ahead of the Bell: Leading economic indicators, APFN

May 21, 2009 2:26 am | by The Associated Press | News | Comments

NEW YORK (AP) — Analysts expect a private sector group's forecast of economic activity edged up in April after not rising for nine straight months.The New York-based Conference Board's index of leading economic indicators — designed to forecast economic activity in the next three to six months —...

Noose found in Union Co. classroom, FL

May 21, 2009 2:26 am | by The Associated Press | News | Comments

LAKE BUTLER, Fla. (AP) — A group of Union County High School students might be facing disciplinary action for a noose that was found in a classroom this month.Union County High principal Alex Nelson called the noose "horseplay," and said the families of the six students don't think the incident was...

Ahead of the Bell: Jobless claims, APFN

May 21, 2009 2:21 am | by The Associated Press | News | Comments

WASHINGTON (AP) — Government data are expected to show that initial claims for jobless benefits rose slightly last week, largely due to layoffs in the auto industry.The Labor Department's tally of new jobless claims is expected to increase to a seasonally adjusted 635,000 from the previous week's...

Nebraska bakery firm launching its own name brand, NE

May 21, 2009 2:21 am | by The Associated Press | News | Comments

OMAHA, Neb. (AP) — A Nebraska-based bakery that supplies coffee cakes, rolls and muffins to grocers nationwide will begin selling goods under its own label next month.Currently, most of the more than 200 million pastries the James Skinner Baking Co. makes each year are sold as store brands.Company...

Neb. State Patrol to use 'plate hunter' technology, NE

May 21, 2009 2:21 am | by The Associated Press | News | Comments

OMAHA, Neb. (AP) — The Nebraska State Patrol has a new tool it's using on the state's roads and highways — the Mobile Plate Hunter.The device uses and infrared camera to scan the license plates of passing cars to get immediate information about the vehicle and its driver. The device can determine...

World markets slump amid slew of bad news, 6th Ld-Writethru

May 21, 2009 2:15 am | by PAN PYLAS - AP Business Writer - Associated Press | News | Comments

LONDON (AP) — World stock markets plunged Thursday as more big job losses in the U.S. further diminished hopes that the world's largest economy would soon be growing again and a leading rating agency warned that Britain may face a downgrade to its debt rating.In Europe, Germany's DAX dropped 138.27...

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