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Daimler takes stake in US electric car maker Tesla, EU

May 19, 2009 4:35 am | by MATT MOORE - AP Business Writer - Associated Press | News | Comments

FRANKFURT (AP) — German automaker Daimler AG said Tuesday it has acquired a nearly 10 percent stake in California-based electric car maker Tesla Motors Inc. as part of plans to ramp up its own electric car production.The two companies are already working together on using Tesla's lithium-ion...

Housing construction drops 12.8 percent in April

May 19, 2009 4:35 am | by MARTIN CRUTSINGER - AP Economics Writer - Associated Press | News | Comments

WASHINGTON (AP) — Housing construction plunged to a record low in April as a steep drop in apartment building offset a rebound in single-family construction.The Commerce Department says construction of new homes and apartments fell 12.8 percent last month to a seasonally adjusted annual rate of...

Ahead of the Bell: BMO analyst upgrades Avon, APFN

May 19, 2009 4:35 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of cosmetics company Avon Products Inc. were upgraded to "Market Perform" from "Underperform" by a BMO Capital Markets analyst as the company signed up 1 million new representatives in the first quarter.Analyst Connie Maneaty also said the company should offer more details of...

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Schering-Plough, Novartis amend contract, APFN

May 19, 2009 4:30 am | by The Associated Press | News | Comments

NEW YORK (AP) — Schering-Plough Corp. and Novartis AG said Tuesday they have amended their development and sales deal for respiratory drugs, with both assuming rights to different compounds.Under the new terms, Kenilworth, N.J.-based Schering-Plough assumes exclusive worldwide rights to develop and...

Headquarters Wins 2009 Landmark Award National Desks/Business Editors

May 19, 2009 4:30 am | by The Associated Press | News | Comments

WASHINGTON-- (BUSINESS WIRE) — May 19, 2009-- Today, the American Society of Landscape Architects (ASLA) and the National Trust for Historic Preservation announced the PepsiCo World Headquarters in Purchase, N.Y., as the winner of the 2009 Landmark Award. The award recognizes a project's design...

Airlines employee dies in fall at MIA, 1st Ld, FL

May 19, 2009 4:30 am | by The Associated Press | News | Comments

MIAMI (AP) — An American Airlines employee has died after falling at Miami International Airport.Authorities say 43-year-old Thomas Juxovich fell when he was supervising baggage being loaded on a flight bound for Sao Paulo, Brazil. Juxovich was pronounced dead at the scene Tuesday morning.The...

Watch that invite from Kiefer Sutherland, APFN

May 19, 2009 4:29 am | by The Associated Press | News | Comments

NEW YORK (AP) — It was either an inadvertent or cleverly subtle attempt at humor when Kiefer Sutherland invited hundreds of advertisers Monday to join him at the bar.The star of Fox's "24" was charged with third-degree assault for head-butting a fashion designer at a New York nightclub earlier this...

Saks posts smaller 1st-quarter loss than expected

May 19, 2009 4:29 am | by ANNE D'INNOCENZIO - AP Retail Writer - Associated Press | News | Comments

NEW YORK (AP) — Luxury retailer Saks Inc. reported a loss for the first quarter Tuesday as it struggles with the pullback in spending by its wealthy customers. Still, the results beat analysts' expectations as the chain benefited from cost cuts — sending shares up nearly 18 percent.The operator of...

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Harrison Co. judge to retire, MS

May 19, 2009 4:29 am | by The Associated Press | News | Comments

GULFPORT, Miss. (AP) — Circuit Judge Jerry O. Terry Sr., says he will retire June 30.Terry says he had notified Gov. Haley Barbour of his decision.The 75-year-old Terry has served on the bench nearly 22 years in the 2nd Circuit Court District of Mississippi. The district includes Harrison, Hancock...

Pacific Music Forum: Global Music Industry Looks to Asia for Passionate Consumers, Digital Innovators and the Next Google Music Deal Business Editors/Entertainment Editors

May 19, 2009 4:29 am | by The Associated Press | News | Comments

HONG KONG-- (BUSINESS WIRE) — May 19, 2009-- Creating a unique Asian forum for the world's creative and technology industries, Music Matters - The Asia Pacific Music Forum is attracting an exceptional high-level collaboration of global entertainment and technology business leaders to Hong Kong in...

Lee Solters, publicist for Sinatra & others, dies, CORRECTION, US

May 19, 2009 4:29 am | by The Associated Press | News | Comments

LOS ANGELES (AP) — Longtime Hollywood publicist Lee Solters has died. He was 89.Solters' namesake public relations firm says the New York native died at his West Hollywood, Calif. home on Monday morning.Solters represented some of entertainment's biggest stars, including Frank Sinatra, Barbra...

Lee Co. man indicted in domestic slaying, AL

May 19, 2009 4:29 am | by The Associated Press | News | Comments

OPELIKA, Ala. (AP) — A Smiths Station man turned himself in after a grand jury returned a murder indictment against him.57-year-old Mike Britton is charged in the Oct. 7, 2008 shooting death of 32-year-old Robert Brian Hurst. Investigator said the victim was shot in a domestic dispute at a trailer...

'Star Trek' shown on International Space Station, APFN

May 19, 2009 4:29 am | by The Associated Press | News | Comments

LOS ANGELES (AP) — "Star Trek" has been beamed aboard the International Space Station.Paramount Pictures said they transferred director J.J. Abrams' sci-fi franchise reboot to NASA's Mission Control in Houston. The movie was uplinked to the space station on Thursday.NASA astronaut Michael Barratt...

Social Network Advances Business Purpose; Connects Buyers and Sellers

May 19, 2009 4:29 am | by The Associated Press | News | Comments

i-Meet.com, the professional and social network for people who plan meetings and events, announced today the launch of its e-RFI tool. Aptly named "Ask The World," the engine is the industry's first effort to formalize Requests For Information (RFIs), and it connects its planner members directly to...

Cecil Co. Sheriff: Man hit by car 4 times, MD

May 19, 2009 4:29 am | by The Associated Press | News | Comments

WARWICK, Md. (AP) — The Cecil County Sheriff's Office has charged a Warwick man with hitting a Delaware man with a car four times.The incident occurred Saturday morning in a school bus contractor's parking lot in Warwick.Lt. Bernard Chiominto says the first three times 55-year-old Randall Roberts...

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