Moseley-Braun campaign cash poor

As she gears up for the most closely watched Senate contest inthe nation, Sen. Carol Moseley-Braun has less than one-tenth of the$6 million to $8 million she believes she will need in her campaignwar chest.

The Democratic incumbent has raised more than $916,688 incampaign contributions this year, but had just $590,584 on hand,according to federal campaign documents released Wednesday.

"We believe we will be outspent, but we believe we will becompetitive," said Eric Adelstein, Moseley-Braun's politicalconsultant. "This is when the most intensive fund-raising begins.We think we are right on target."The reports filed with the Federal Election Commission …

Trial to begin for Outlaws biker gang leader

RICHMOND, Va. (AP) — The national president of the Outlaws motorcycle gang and three of his associates are going on trial in Virginia on racketeering and other charges.

Jury selection will begin Wednesday for Jack Rosga of Milwaukee, Wis.; William Davey of Asheville, N.C.; Mark Spradling of Hickory, N.C.; and Leslie Werth of Rock Hill, S.C.

Rosga is the leader of …

Mullen: Iran will continue to strive for nukes

The chairman of the joint chiefs of staff said he believes Iran will continue to pursue nuclear weapons, even if sanctions against the country are increased.

Speaking Monday at the Aspen Security Forum, Adm. Mike Mullen said it would be "incredibly dangerous" for Iran to achieve nuclear weapons, and that there's "no reason to trust" Iran's assurances that it is only pursuing a peaceful nuclear program, especially after the discovery of a secret nuclear facility near the holy city of Qom.

But he said a military strike against Iran would be "incredibly destabilizing" to the region, and that he believed U.S. ally Israel understands …

Industry donates money, resources in time of tragedy

Following the Sept. 11 attacks on the World Trade Center (WTC), the Pentagon and flight 93 that crashed in Pennsylvania, the collision repair industry has played a role in this effort to help rebuild the city and the nation. Several have set up funds, donated money, equipment and skills-so many it's difficult to track all of them.While some have chosen not to publicize the fact they are giving money or equipment, saying they "just want to do their part," ABRN would like to recognize and commend these companies for pulling together as an industry and as a nation.

One such company is Oshkosh, Wis.,-based Omni Glass and Paint Co. Omni, along with partners Guardian Industries Corp. …

Democrats Score Upsets in Key Races

WASHINGTON - Resurgent Democrats grabbed a Pennsylvania Senate seat and an Indiana House seat long in Republican hands Tuesday night, challenging for control of Congress in midterm elections shaped by an unpopular war in Iraq and scandal at home.

Democrats also elected governors in Ohio and Massachusetts for the first time in more than a decade.

Sen. Rick Santorum of Pennsylvania became the first Republican senator to fall to the Democrats, losing his seat after two conservative terms to Bob Casey Jr., the state treasurer.

In New York, Hillary Rodham Clinton held her seat.

In the battle for control of the House, Rep. John Hostettler, R-Ind., lost to Brad …

Forecast: NYC biz taxes on historic slide

The Wall Street meltdown and its fallout have caused city budget analysts to predict for the first time that revenue from business taxes will decline for three years in a row in New York City.

In a report released Thursday, the Independent Budget Office blamed the grim forecast on the demise of New York City's major investment banks. Last year, the city had five, and now there are none _ forced out of business, sold off or converted to commercial banks.

The IBO predicted that business tax receipts, after dipping 9.6 percent in 2008, will plunge from $5.4 billion in 2008 to $4.1 billion in 2009, a record drop of more than 23 percent. The report forecasts a …

Mart shifts gears to close up 11 pts.

The stock market posted modest gains in moderate tradingWednesday after a late rally erased losses stemming from adeteriorating dollar and sharply lower bond prices.

The Dow Jones industrial average, which closed above 2,700 forthe first time Monday but fell 45.91 points Tuesday, rose 11.16 to2,665.82. The day's gains occurred in the last hour of trading, whenthe Dow erased a 14-point deficit and climbed into plus territory,taking the broad market along.

After trailing losers through most of the session, advancingissues finally took the lead, outnumbering declines 775-762 on theNew York Stock Exchange on volume of 180.9 million shares.

Broad market …