FOX First At Ten Business News

My Fox Spokane Biz

Obama warns EU over high youth unemployment

Obama warns EU over high youth unemployment
By JUERGEN BAETZAssociated Press BERLIN (AP) - President Barack Obama raised the prospect Wednesday that Europe might need to adjust its economic policies to tackle high youth unemployment and make sure that some countries don't "lose a generation." Obama warned during his visit to Berlin that

US futures waver in light trading

US futures waver in light trading
NEW YORK (AP) - U.S. stock futures are mixed in light trading with investors holding back before the Federal Reserve reveals its stance on the economy. Markets have swung wildly for weeks leading up to the two-day meeting, which ends Wednesday. Dow Jones industrial futures are down 14 points to 15,

FedEx 4Q profit drops as priority services lag

FedEx 4Q profit drops as priority services lag
By DAVID KOENIGAP Business Writer DALLAS (AP) - FedEx Corp.'s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options. Excluding charges, the results still beat Wall Street expectations. But the company's forecast for the next 12

Japan formally OKs new nuclear safety requirements

Japan formally OKs new nuclear safety requirements
By MARI YAMAGUCHIAssociated Press TOKYO (AP) - Japan's nuclear watchdog formally approved a set of new safety requirements for atomic power plants on Wednesday, paving the way for the reopening of facilities shut down since the Fukushima disaster in a move critics charged was too hasty. The new

Greek government back in talks to end TV crisis

Greek government back in talks to end TV crisis
By DEREK GATOPOULOSAssociated Press ATHENS, Greece (AP) - Greece's governing coalition parties are to meet for a second time in three days to try and end a political crisis triggered by the closure of state broadcaster ERT. Conservative Prime Minister Antonis Samaras will hold talks later

Study: Wiser medication use could cut health costs

Study: Wiser medication use could cut health costs
By LINDA A. JOHNSONAP Business Writer TRENTON, N.J. (AP) - If doctors and patients used prescription drugs more wisely, they could save the U.S. health care system at least $213 billion a year, by reducing medication overuse, underuse and other flaws in care that cause complications and longer,

United 787 heading to Tokyo diverted to Seattle

United 787 heading to Tokyo diverted to Seattle
SEATTLE (AP) - A Boeing 787 flying from Denver to Tokyo diverted to Seattle because of an oil filter issue, a United Airlines spokeswoman said. An airline maintenance team was inspecting the jet after Flight 139 landed normally Tuesday afternoon at Seattle-Tacoma International Airport, United

IMF calls for urgent steps on Spain unemployment

IMF calls for urgent steps on Spain unemployment
By ALAN CLENDENNINGAP Business Writer MADRID (AP) - Spain faces the prospect of of high unemployment and sluggish growth lasting years unless the country and Europe take "urgent action" to slash the nation's crippling 27 unemployment rate and free frozen credit to businesses so they can expand

UK banking commission urges better standards

UK banking commission urges better standards
By DANICA KIRKAAssociated Press LONDON (AP) - British bankers could soon be facing harsher penalties for behaving badly. After a year which has seen major scandals involving rate-rigging, money-laundering and rogue-trading rock the UK's financial industry, an influential parliamentary committee

Bribery trial of former Finmeccanica CEO opens

Bribery trial of former Finmeccanica CEO opens
By COLLEEN BARRYAssociated Press MILAN (AP) - The former head of Italian aerospace and defense giant Finmeccanica , accused by prosecutors of making bribery part of the company culture, went on trial Wednesday for his alleged role in the payment of bribes to secure a crucial 560 million euro ($670

Most Popular Stories

UPDATE: Wrong-Way Crash On Hwy. 195 At Cheney Spokane Rd.

UPDATE: Wrong-Way Crash On Hwy. 195 At Cheney Spokane Rd.
UPDATE: The female driver has been identified as Jennifer A. Schmidt of Spokane Valley. The male driver has been identified as Sean D. Moss. Both Schmidt and Moss were life-flighted by Medstar to Sacred Heart. The State Patrol says both vehicles were totaled and both drivers were wearing seatbelts

NASA picks 8 new astronauts, 4 of them women

NASA picks 8 new astronauts, 4 of them women
By MARCIA DUNNAP Aerospace Writer CAPE CANAVERAL, Fla. (AP) - NASA has eight new astronauts - its first new batch in four years. Among the lucky candidates: the first female fighter pilot to become an astronaut in nearly two decades. A female helicopter pilot also is in the group. In fact, four of

FIRST ON KHQ.COM: Spokane Valley Homeowner Catches Would Be Burglar; Holds Suspect At Gunpoint Until Authorities Arrive

FIRST ON KHQ.COM: Spokane Valley Homeowner Catches Would Be Burglar; Holds Suspect At Gunpoint Until Authorities Arrive
PRESS RELEASE FROM THE SPOKANE VALLEY POLICE DEPT: On Tuesday, June 18, 2013, at 9:15 a.m., Spokane Valley Sheriff's Deputies responded to a person with a weapon call near the area of 13600 E. 20th Ave. Deputies arrived on scene and found the victim homeowner detaining the suspect, later