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Shutdowns Painful For Car Dealers, Good for Buyers; Company Moves Former Gang Members into Green Jobs; Fossil Provides

May 21, 2009 9:58 am | by Abbie BoudreauAssociated Press | News | Comments


Head of Cadillac, Hummer, Saab stepping down, APFN

May 21, 2009 9:58 am | by DAN STRUMPF - AP Auto Writer - Associated Press | News | Comments

NEW YORK (AP) — The head of General Motors Corp.'s Cadillac, Saab and Hummer divisions is stepping down at the end of the month after just a year on the job, a GM spokesman said on Thursday.Mark McNabb, 48, has resigned and will leave GM June 1, spokesman Klaus-Peter Martin said. McNabb joined GM...

Illinois jobless rate hits 9.4 percent in April, IL

May 21, 2009 9:58 am | by The Associated Press | News | Comments

CHICAGO (AP) — Illinois' unemployment rate jumped to 9.4 percent in April as companies continued to shed thousands of jobs.The number of jobless increased by more than 24,500 last month, bringing the total number of unemployed Illinoisans to 619,500 — the most since August 1983. Most of the jobs...


Rings in One-Year Anniversary, More Than 55 Million Local Stories Read by Consumers On the Go Publishing Writers/Business Editors

May 21, 2009 9:57 am | by The Associated Press | News | Comments

NEW YORK-- (BUSINESS WIRE) — May 21, 2009-- This month, The Associated Press celebrates the one-year anniversary of AP Mobile and announced that more than 55 million local stories have been read on AP Mobile,, since its May 2008 launch. The AP Global Product Development team paved...

Limited seems some stabilization signs, US

May 21, 2009 9:57 am | by The Associated Press | News | Comments

NEW YORK (AP) — Limited Brands executives say the economy appears to be stabilizing a bit, but they expect sales will remain weak over at least over the next several quarters."The environment continues to be very challenging, although we are sensing that it is stabilizing," said Martyn Redgrave,...

INDEX:Entertainment, Media, Politics, Social, Telecom, Television@

May 21, 2009 9:52 am | by Jennifer Ditchburn@Associated Press | News | Comments

OTTAWA — The CTV signal is so clear in the rural Ontario township of South Glengarry that all you need is a pair of rabbit ears to pick up Lloyd Robertson reading the news at 11 p.m.But next year, the old analog transmitter for the Ottawa-based CTV station is slated to go dark, and folks with...

Sector Snap: Homebuilders down after analyst note

May 21, 2009 9:52 am | by The Associated Press | News | Comments

NEW YORK (AP) — Homebuilder stocks declined Thursday after an analyst note quashed hopes that the housing market was seeing the start of a recovery.In a client note on Thursday, Deutsche Bank analyst Nishu Sood said disappointing quarterly results from major homebuilders in the last weeks, even...

and Only Turks & Caicos-Exclusive Reservation Service Launches Business Editors/Travel Writers

May 21, 2009 9:52 am | by The Associated Press | News | Comments

PROVIDENCIALES, Turks & Caicos Islands-- (BUSINESS WIRE) — -May 21, 2009-- The world-renowned Turks and Caicos Islands now have an exclusive reservation service providing travelers with insider insight on its resorts, hotels, villas and other attractions. The services, collectively called...


Funding Assists Community Targeted by Hate Crime in Winnipeg

May 21, 2009 9:51 am | by The Associated Press | News | Comments

Shelly Glover, Member of Parliament for Saint Boniface and Parliamentary Secretary for Official Languages, on behalf of the Honourable Peter Van Loan, Minister of Public Safety, today announced funding support for security infrastructure enhancements at Ma Mawi Wi Chi Itata - an Aboriginal...

JetAway Aviation lays off 20 workers in Montrose, CO

May 21, 2009 9:51 am | by The Associated Press | News | Comments

MONTROSE, Colo. (AP) — JetAway Aviation in Montrose says it has laid off 20 employees amid a squabble with the county over an access permit to the local airport and fees.Montrose County commissioners say the layoffs are the company's fault for not following the rules.JetAway Aviation CEO Stephen...

NY officials, WTC developer meet on rebuilding

May 21, 2009 9:46 am | by KAREN MATTHEWS - Associated Press Writer - Associated Press | News | Comments

NEW YORK (AP) — Top elected officials from New York and New Jersey are meeting with the developer of the World Trade Center site in hopes of resolving an impasse over who will pay for new office towers there.New York City Mayor Michael Bloomberg called for Thursday's meeting with developer Larry...

Moody's to review ratings of Assured Guaranty, APFN

May 21, 2009 9:46 am | by The Associated Press | News | Comments

NEW YORK (AP) — Credit ratings agency Moody's Investors Service on Thursday placed the key ratings of bond insurer Assured Guaranty Ltd. on review for a possible downgrade.Moody's also placed the ratings of Financial Security Assurance Inc. on review for a potential downgrade. Assured Guaranty is...

Chemed says MMI withdrew its director nominees, APFN

May 21, 2009 9:46 am | by The Associated Press | News | Comments

CINCINNATI (AP) — Chemed Corp. said Thursday that MMI Investments is withdrawing its nominees to Chemed's board of directors.MMI had nominated five alternate directors to the board. The firm is one of Chemed's largest shareholders, and earlier this year it suggested the company split in two,...

HL:The Canadian Press News Budget for Thursday, May 21, 2009@

May 21, 2009 9:46 am | by The Associated Press | News | Comments

Here are coverage plans for top Canadian news as of 19:30 ET. Please note plans may change as circumstances warrant. An updated coverage advisory will move about 22:30 ET. If you have any questions, contact the National Desk at 416-507-2150.Copy moves by 18:00 ET unless otherwise noted; all times...


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