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FedEx 4Q profit drops as priority services lag

FedEx 4Q profit drops as priority services lag
Submitted by Fox First at Ten on June 19th
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
Submitted by Fox First at Ten on June 19th
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
Submitted by Fox First at Ten on June 19th
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
Submitted by Fox First at Ten on June 19th
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
Submitted by Fox First at Ten on June 19th
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
Submitted by Fox First at Ten on June 19th
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
Submitted by Fox First at Ten on June 19th
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
Submitted by Fox First at Ten on June 19th
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

Currency factors weigh on retailer H&M's Q2 profit

Currency factors weigh on retailer H&M's Q2 profit
Submitted by Fox First at Ten on June 19th
STOCKHOLM (AP) - Swedish fashion retailer Hennes & Mauritz AB on Wednesday said profits fell by 11 percent in the second quarter due to the strong Swedish krona and increased markdowns as it tried to shift its products. The company said its net profit for the March-May period dropped to 4.66

Air France-KLM orders 25 wide-body Airbus A350s

Air France-KLM orders 25 wide-body Airbus A350s
Submitted by Fox First at Ten on June 19th
LE BOURGET, France (AP) - Air France-KLM ordered 25 Airbus A350 jets on Wednesday, saying the wide-body plane that flew for the first time last week will be central to its plan to expand long-haul flights after years of struggling against discount carriers in Europe. The deal is worth around $7.2

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UPDATE: Crash On Spokane's South Hill At Freya & 35th

UPDATE: Crash On Spokane's South Hill At Freya & 35th
Submitted by Fox First at Ten on June 19th
UPDATE: Authorities say that a tan SUV was heading west on 35th on Wednesday afternoon when the driver ran a stop sign at Freya. A blue SUV that was headed south on Freya hit the tan SUV causing the vehicle to flip over. There were two people in the overturned SUV, a woman and a little girl. They

Idaho Toddler Dies After Being Left In Car

Idaho Toddler Dies After Being Left In Car
Submitted by Fox First at Ten on June 19th
AMMON, Idaho (AP) - Officials with the Bonneville County sheriff's department say a 21-month-old southeastern Idaho girl has died after she was left in a vehicle.    A news release says deputies and paramedics were called shortly after 5:15 p.m. Tuesday to a residence in Ammon,

Not Guilty Plea In Nine Mile Slaying

Not Guilty Plea In Nine Mile Slaying
Submitted by Fox First at Ten on June 19th
SPOKANE, Wash. (AP) - The man accused of strangling his girlfriend and putting her body in a tub of acid at a Nine Mile Falls home pleaded not guilty Tuesday to a murder charge in Spokane. The trial for 27-year-old Jason Hart is set for Aug. 12. He's accused of killing 33-year-old Regan