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Brazil detains Arab moderating anti-American site, 2nd Ld-Writethru, LT

May 26, 2009 3:36 pm | by ALAN CLENDENNING - Associated Press Writer - Associated Press | News | Comments

SAO PAULO (AP) — Brazilian authorities detained an Arab who ran a Web site forum that authorities initially suspected could be linked to terrorists and included anti-American statements in Arabic, a prosecutor said Tuesday night.The Arab resident of Brazil was not identified and a court ordered his...

NC House budget plan drops school calendar mandate, 1st Ld-Writethru, NC

May 26, 2009 3:36 pm | by GARY D. ROBERTSON - Associated Press Writer - Associated Press | News | Comments

RALEIGH, N.C. (AP) — House budget-writers dropped their proposal Tuesday that North Carolina public schools be open fewer days next year and reworked a university tuition proposal to temper increases at some campuses.The draft budget plan for public education released last week would have reduced...

GT Solar's chief financial officer resigns, APFN

May 26, 2009 3:36 pm | by The Associated Press | News | Comments

MERRIMACK, N.H. (AP) — GT Solar International Inc., which makes equipment and technology for the solar power industry, said Tuesday that its chief financial officer, Robert Woodbury, has resigned for personal reasons.Woodbury's resignation is effective immediately. He has served as CFO since...

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Research Corporation Announces Participation at Bank of America and Merrill Lynch U.S. Technology Conference Business Editors/Financial Editors

May 26, 2009 3:30 pm | by The Associated Press | News | Comments

FREMONT, Calif.-- (BUSINESS WIRE) — May 26, 2009-- Lam Research Corporation (NASDAQ:LRCX) today announced it will present at the Bank of America and Merrill Lynch U.S. Technology Conferenceon Wednesday, June 3 at 8:15 a.m. Pacific Time.A live webcast of the presentation will be available to the...

Cuban silent after judge hears arguments

May 26, 2009 3:30 pm | by DANNY ROBBINS - Associated Press Writer - Associated Press | News | Comments

DALLAS (AP) — Mark Cuban was uncharacteristically reserved when he appeared in a federal courtroom Tuesday to hear attorneys argue the merits of the Securities and Exchange Commission's case against him for insider trading.Sitting in the front row of the gallery with members of his legal team, the...

BMO cuts 1,100 jobs after Q2 profit sags, APFN

May 26, 2009 3:25 pm | by The Associated Press | News | Comments

TORONTO (AP) — Bank of Montreal is eliminating 1,100 jobs after a 44 percent drop in second-quarter net income to 358 million Canadian dollars ($320 million).The financial results reported Tuesday also cited CA$118 million ($105 million) in job-cutting costs and swelling loan-loss provisions in the...

Parents of teen cancer patient agree to chemo, 8th Ld-Writethru, US

May 26, 2009 3:25 pm | by PATRICK CONDON - Associated Press Writer - Associated Press | News | Comments

NEW ULM, Minn. (AP) — The Minnesota boy who fled the state with his mother rather than undergo court-ordered chemotherapy can stay in the custody of his parents, who agreed in return to set aside their religious objections and let him enter cancer treatment.Brown County District Judge John...

Schwarzenegger details $5.5B in additional cuts, 6th Ld-Writethru, CA

May 26, 2009 3:20 pm | by SAMANTHA YOUNG - Associated Press Writer - Associated Press | News | Comments

SACRAMENTO (AP) — Gov. Arnold Schwarzenegger on Tuesday provided lawmakers with a detailed list of cuts to close the state's $21 billion deficit, proposing that California eliminate welfare for 500,000 families and terminate health coverage for nearly 1 million children.College fee assistance for...

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HL:B.C. Attorney General Oppal loses seat to Independent after recount@

May 26, 2009 3:19 pm | by Dirk Meissner@Associated Press | News | Comments

VICTORIA — British Columbia's activist attorney general, who defied more than a decade of legal opinion to charge polygamist leaders and helped initiate an inquiry into RCMP use of Tasers, has been defeated in this month's election following a recount.Wally Oppal, one of Premier Gordon Campbell's...

Senate president expects 'big day' on Ill. budget, APFN

May 26, 2009 3:14 pm | by The Associated Press | News | Comments

SPRINGFIELD, Ill. (AP) — Senate President John Cullerton is expecting "a big day" for the Illinois budget.The Chicago Democrat hopes to hear Wednesday whether Republican leaders will consider helping to balance the budget by raising Illinois income taxes.The legislative session is supposed to end...

Interview With White House Senior Adviser David Axelrod

May 26, 2009 3:14 pm | by Neil CavutoAssociated Press | News | Comments

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U.S. warns N. Korea of price for nuclear test+

May 26, 2009 3:14 pm | by The Associated Press | News | Comments

WASHINGTON, May 26 (Kyodo) — The United States warned North Korea Tuesday of the price it will have to pay for its nuclear weapons drive unless it reverses course.State Department spokesman Ian Kelly said at a news briefing that Washington is open to restarting the six-party talks aimed at...

Michigan House OKs smoking ban with exceptions, 4th Ld-Writethru, MI

May 26, 2009 3:03 pm | by TIM MARTIN - Associated Press Writer - Associated Press | News | Comments

LANSING, Mich. (AP) — Michigan lawmakers again are searching for the elusive common ground that could lead to some sort of workplace smoking ban in the state.The Democrat-led Michigan House approved a bill by a 73-31 vote Tuesday that would ban smoking at most workplaces including restaurants and...

Venezuela edges closer to Mercosur entry, LT

May 26, 2009 3:03 pm | by The Associated Press | News | Comments

SALVADOR, Brazil (AP) — Venezuela has agreed to a tariff reduction schedule for goods traded between Mercosur nations.The move could ease the country's entry into the South American trade bloc.Brazil's Senate had refused to approve Venezuela's entry into Mercosur until it agreed to a set schedule...

Former Fla. exec sentenced to 22½ years in prison, FL

May 26, 2009 3:03 pm | by The Associated Press | News | Comments

ORLANDO, Fla. (AP) — An Orlando businessman charged with creating one of the largest employment tax-fraud schemes in the history of the Internal Revenue Services has been sentenced to 22½ years behind bars.A federal judge sentenced 48-year-old Frank Amodeo Tuesday for failing to collect and pay...

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