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Nader: Automaker restructuring needs more scrutiny, 1st Ld-Writethru, US

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

NEW YORK (AP) — Ralph Nader called on Congress to hold hearings into dealership and factory closures at automakers Chrysler LLC and General Motors Corp. before "irreversible measures" are taken.The consumer activist and former presidential candidate sent a letter Monday to Democrats Sen. Chris Dodd...

Charles H. Johnson & Associates Announces Filing of Securities Class Action Against Sequenom, Inc.

May 18, 2009 1:32 pm | by GLOBE NEWSWIREAssociated Press | News | Comments

MINNEAPOLIS, May 19, 2009 (GLOBE NEWSWIRE) — Charles H. Johnson & Associates announces that a class action has been commenced in the United States District Court for the Southern District of California on behalf of purchasers of Sequenom, Inc. ("Sequenom" or the "Company") (Nasdaq:SQNM) publicly...

Schwarzenegger heads to D.C. for Election Day, 1st Ld-Writethru, CA

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

SACRAMENTO (AP) — Gov. Arnold Schwarzenegger will skip Election Day campaigning so he can be in Washington, D.C., to help President Barack Obama announce new vehicle fuel-efficiency standards.Schwarzenegger spokesman Aaron McLear said the Republican governor cast an emergency vote-by-mail ballot on...

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US Supreme Court to decide on anti-fraud law, 2nd Ld-Writethru4, US

May 18, 2009 1:26 pm | by MARCY GORDON - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — The U.S. Supreme Court will rule on the validity of a landmark anti-fraud law that served as Congress' response to the wave of corporate scandals starting with Enron.The justices said Monday they will consider a constitutional challenge to the 2002 Sarbanes-Oxley law from...

TD Ameritrade April client trades grew 36 percent, APFN

May 18, 2009 1:26 pm | by The Associated Press | News | Comments

OMAHA, Neb. (AP) — Online brokerage TD Ameritrade Holding Corp. said Monday its average client trades per day grew 36 percent in April from the same month a year earlier, to 390,000.Client assets totaled about $244 billion as of April 30, down 24 percent from April 2008 and up 9 percent from March...

Fitch Rates New York City's $790MM GOs 'AA-'; Outlook Stable Business Editors

May 18, 2009 1:26 pm | by The Associated Press | News | Comments

NEW YORK-- (BUSINESS WIRE) — May 18, 2009-- Fitch Ratings has assigned an 'AA-' rating to New York City's (the city) $790 million general obligation (GO) bonds fiscal 2009 series J, consisting of the following:--$600 million tax-exempt bonds, subseries J-1;--$190 million taxable bonds, subseries...

Ariz. seeks stimulus funding for energy projects, AZ

May 18, 2009 1:26 pm | by The Associated Press | News | Comments

PHOENIX (AP) — Arizona is applying for $55 million of federal stimulus money for energy projects.Gov. Jan Brewer's office announced Monday that she has submitted the state's application to the U.S. Department of Energy through the American Recovery and Reinvestment Act.The largest single portion of...

2 killed, 1 held in SoCal lumberyard shooting, 1st Ld-Writethru, CA

May 18, 2009 1:26 pm | by The Associated Press | News | Comments

VERNON, Calif. (AP) — A lumberyard worker shot and killed two employees Monday before he was arrested after a short car chase, authorities said.The identities of the victims and the suspect were not released.Police officers responding to a report of shots being fired went to the Bohnhoff Lumber Co....

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Tuesday AMs

May 18, 2009 1:25 pm | by The Associated Press | News | Comments

AP recommendations at this hour for Page One:SRI LANKA-CIVIL WARCOLOMBO, Sri Lanka — Following three bloody decades of civil war, Sri Lanka faces the daunting task of trying to reconcile and rebuild after its troops routed the last Tamil Tiger separatist rebels and killed their feared leader. One...

Judge weighs dismissing suit over Trump's worth, 2nd Ld-Writethru, US

May 18, 2009 1:25 pm | by GEOFF MULVIHILL - Associated Press Writer - Associated Press | News | Comments

CAMDEN, N.J. (AP) — Donald Trump is known for putting a positive spin even on news that doesn't seem positive. But there is one way to get him down: Call him a millionaire.Trump, who says he's a billionaire, is suing the author of a book in which three unnamed sources said Trump's net worth is...

Judge weighs dismissing suit over Trump's worth, 1st Ld-Writethru, US

May 18, 2009 1:25 pm | by GEOFF MULVIHILL - Associated Press Writer - Associated Press | News | Comments

CAMDEN, N.J. (AP) — Donald Trump is known for putting a positive spin even on news that doesn't seem positive. But there is one way to get him down: Call him a millionaire.Trump, who says he's a billionaire, is suing the author of a book in which three unnamed sources said Trump's net worth is...

Atty: Blagojevich's wife mulling reality TV spot, 2nd Ld-Writethru, IL

May 18, 2009 1:25 pm | by The Associated Press | News | Comments

CHICAGO (AP) — Ousted Gov. Rod Blagojevich's wife will decide soon whether to be on a reality TV show in the Costa Rican jungle, a defense attorney said Monday.But Patti Blagojevich has not yet made a deal to be on the NBC show "I'm a Celebrity ... Get Me Out of Here," one of the impeached...

Himax 1Q profit drops 87 pct, forecasts 2Q beat, APFN

May 18, 2009 1:20 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Chip maker Himax Technologies Inc. posted a sharp drop in its first-quarter profit Monday as orders declined amid the economic turmoil, but issued a better-than-expected forecast for the current quarter on rebounding demand.The news sent its U.S.-traded shares higher in after-hours...

Judge sentences SW Idaho man for child enticement, ID

May 18, 2009 1:20 pm | by The Associated Press | News | Comments

NAMPA, Idaho (AP) — A Canyon County prosecutor says an interstate truck driver who pleaded guilty to two felony counts of enticing children over the Internet this month will serve between 10 to 20 years in prison.Prosecutor John Bujak says 35-year-old Arthur Schmierer, who pleaded guilty as part of...

Minn. Legislature adjourns after final tax vote, APFN

May 18, 2009 1:20 pm | by MARTIGA LOHN - Associated Press Writer - Associated Press | News | Comments

ST. PAUL, Minn. (AP) — The Minnesota Legislature's 2009 session ended at three minutes after midnight early Tuesday after lawmakers spent a raucous final half hour debating a tax bill that Gov. Tim Pawlenty was expected to veto.The DFL-controlled House passed the bill 82-47 just eight minutes...

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