MEMBER RESIGNS FROM SCHOOL BOARD.(CAPITAL REGION)

Byline: DENNIS YUSKO Staff writer

Waterford Kenneth Willetts will resign from the Waterford-Halfmoon Board of Education tonight, having accepted a job in Georgia, Superintendent Carl Klossner said.

Willetts, a graduate of Union College and a father of five, received a promotion from the financial firm in which he works, Klossner said.

His resignation, effective Friday, means the Board of Education must appoint someone to the seat or hold another election to fill it. The board meets at 7 tonight in the library to discuss how to fill the seat.

``My …

Long-awaited ABSX gears up for first trades.(Asset backed securities)

Rules for the first tradable ABS index, released Sept. 14 by Markit, which serves as the administrator of the index, will include 20 RMBS issuers and have five sub-indexes consisting of one security from each issuer. The sub-indexes will include an "Aaa Sub-index," an "Aa2 Sub-index," an "A2 Sub-index, a "Baa2 Sub-index" and a "Baa3 Sub-index." As of last week, eight institutions had signed up as market makers, according to Nomura Securities.

The index is expected to be up and running sometime in the fourth quarter, according to industry participants, and a similar index for CMBS is anticipated to follow shortly after.

The index will roll every six months, …

Exelon 3Q profit rises on hot summer; raises view

NEW YORK (AP) — Exelon's third-quarter net income rose 12 percent as stifling summer heat led more people to crank up their air conditioners. The company also raised its forecast for the year Friday.

The Chicago utility company, which operates the nation's largest fleet of nuclear power plants, earned $845 million, or $1.27 per share, compared with $757 million, or $1.14 per share a year earlier.

Taking out some one-time gains and losses related to bets on energy prices, rate settlements and other items, the company earned $739 million, or $1.11 per share, compared with $633 million or 96 …

New bus service gets moving: ; Joint effort features buses with bike racks,; Internet, newspapers

The new bus route between Huntington and Charleston made itsdebut - not exactly on time but with a full load of passengers.

The bus was scheduled to pull into the state Capitol at 8 a.m.Monday, outside Building 5, for its final stop of the morning. Itwound up pulling up at 8:23 a.m., a delay attributed to traffic andpress coverage that occurred before the bus ever left Huntington.

One of the riders, 59-year-old Ryan Hatten of Huntington, hadsecured his bicycle to the front of the bus. After the bus pulled inat the Capitol, Hatten started pedaling away on his bike.

He said he made the trip to Charleston just to see the capitalcity. He planned to tour the …

New cardiology study findings have been reported by researchers at University of Naples.(Report)

Research findings, 'Right ventricular myocardial involvement in either physiological or pathological left ventricular hypertrophy: an ultrasound speckle-tracking two-dimensional strain analysis,' are discussed in a new report. In this recently published article, scientists in Naples, Italy conducted a study "To analyse right ventricular (RV) myocardial deformation in patients with left ventricular (LV) hypertrophy secondary to either hypertrophic cardiomyopathy (HCM) or athlete's competitive endurance training. Standard Doppler echo, exercise stress echo, and 2D speckle-tracking strain echocardiography (2DSE) of RV longitudinal deformation in RV septal and lateral walls were performed …

Dictatorship of the Air: Aviation Culture and the Fate of Modern Russia.(Book review)

Dictatorship of the Air: Aviation Culture and the Fate of Modern Russia, by Scott W. Palmer. Cambridge Centennial of Flight Series. Cambridge, Cambridge University Press, 2006. xx, 307 pp. $40.00 US (cloth).

Scott Palmer's engaging book examines Russian aviation as a symbol of Soviet and Russian modernity, and as a means of transportation and warfare. In exploring the many dimensions of Soviet aviation, and the more general spirit of "Soviet air-mindedness," Palmer has mined a vast array of published and archival sources. The result is an interesting book that provides important insights into the development of Soviet aviation as well as the fate of modern Russia.

The book begins with an analysis of Russia's homegrown version of Icarus, which provided …

BETTER KEEP YOUR DAY JOB.(TELEVISION & R)

Talkmeister Sally Jessy Raphael is headed for the big screen, again.

Raphael recently taped a cameo as herself in the upcoming film ``The Associate,'' which stars Whoopi Goldberg and Bebe Neuwirth. In Raphael's scene, Neuwirth tells her that she's pregnant with the child of a famous Wall Street whiz. The segment was shot on the Raphael set.

This isn't Raphael's first flirtation with the silver screen. A few years back, she appeared in ``The Addams Family.''

-- New York Daily NewsThe doctor is in

Comedy Central has ordered 13 additional episodes of ``Dr. Katz: Professional Therapist.'' Guest stars include Garry Shandling and Bill Maher. …