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China gives US regulators access to audit records

China gives US regulators access to audit records
Submitted by Fox First at Ten on May 24th
WASHINGTON (AP) - China has agreed to give U.S. regulators access to audit records for Chinese companies whose shares trade on U.S. stock exchanges, a step forward in a long-running dispute. The Public Company Accounting Oversight Board, a watchdog agency for the accounting industry, announced the

China, Switzerland to seal free trade deal

China, Switzerland to seal free trade deal
Submitted by Fox First at Ten on May 24th
GENEVA (AP) - Chinese Premier Li Keqiang is in Switzerland to seal a free trade pact with the Alpine nation - the first comprehensive agreement his country has reached with a major western economy. Li met with Swiss officials in Zurich on Friday to conclude three years of negotiations. In an op-ed

Stocks open lower, market headed for a weekly loss

Stocks open lower, market headed for a weekly loss
Submitted by Fox First at Ten on May 24th
NEW YORK (AP) - Stocks are opening lower on Wall Street, putting the market on track for its first weekly loss after four weeks of gains. The Dow Jones industrial average was down 42 points at 15,251 shortly after the opening bell Friday, a loss of 0.3 percent. The Standard & Poor's 500

Slovenia adopts debt cap to stave off crisis

Slovenia adopts debt cap to stave off crisis
Submitted by Fox First at Ten on May 24th
By ALI ZERDINAssociated Press LJUBLJANA, Slovenia (AP) - Slovenia's parliament on Friday adopted a cap on public spending to try to convince foreign investors that the small eurozone country will not need an international bailout. The 78-8 vote in the assembly means Slovenia's constitution

Some unions now angry about health care overhaul

Some unions now angry about health care overhaul
Submitted by Fox First at Ten on May 24th
By SAM HANANELAssociated Press WASHINGTON (AP) - When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters. But some unions leaders have grown frustrated and angry about what they say are unexpected consequences of the

US durable goods orders rise 3.3 percent in April

US durable goods orders rise 3.3 percent in April
Submitted by Fox First at Ten on May 24th
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring. Orders for durable goods, items

Q&A: On Turkey's proposed alcohol restrictions

Q&A: On Turkey's proposed alcohol restrictions
Submitted by Fox First at Ten on May 24th
By SUZAN FRAZERAssociated Press ANKARA, Turkey (AP) - A look at legislation passed in Turkey's parliament early Friday that would ban all alcohol advertising and tighten restrictions on the sale of such beverages, and how such a law could affect tourists and liquor companies in the mainly

Futures slide; markets appear headed for down week

Futures slide; markets appear headed for down week
Submitted by Fox First at Ten on May 24th
NEW YORK (AP) - Stock futures are sinking and it appears major U.S. indexes are heading for a down week roiled by corporate earnings, good and bad, and confusion about what the Fed will do next. Dow Jones industrial futures are down 56 points to 15,233. S&P futures have lost 8.9 points to 1,641

Top Swiss negotiator in tax disputes steps down

Top Swiss negotiator in tax disputes steps down
Submitted by Fox First at Ten on May 24th
GENEVA (AP) - Switzerland's top negotiator in talks to resolve disputes over tax evasion with Europe and the U.S. is stepping down. The Finance Ministry said Friday that Michael Ambuehl will leave his post at the end of August and go into academia. The move comes at a crucial time for

Procter & Gamble brings back A.G. Lafley as CEO

Procter & Gamble brings back A.G. Lafley as CEO
Submitted by Fox First at Ten on May 24th
By MAE ANDERSONAP Business Writer NEW YORK (AP) - Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again. The Cincinnati company said late Thursday that former CEO A.G. Lafley, a 33-year industry veteran, is returning its top post. The surprise move

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Spokane County Sheriff's Office: Adult Male Arrested For Four McDonald's Robberies

Spokane County Sheriff's Office: Adult Male Arrested For Four McDonald's Robberies
Submitted by Fox First at Ten on May 24th
PRESS RELEASE FROM THE SPOKANE COUNTY SHERIFF'S OFFICE: On Thursday, May 23, 2013, Spokane County Major Crime Detective Kirk Keyser arrested 23-year-old Sean Martin for three counts of first degree robbery.  Through his investigation, Detective Keyser determined Martin was

Obama To Visit Tornado-Ravaged OK Town

Obama To Visit Tornado-Ravaged OK Town
Submitted by Fox First at Ten on May 22nd
WASHINGTON (AP) - President Barack Obama will travel to tornado-ravaged Moore, Okla., on Sunday.    That's according to a White House official, who wasn't authorized to publicly discuss the trip ahead of the official announcement and requested anonymity.    A

Journalist and author Haynes Johnson dies at 81

Journalist and author Haynes Johnson dies at 81
Submitted by Fox First at Ten on May 25th
By BARRY SCHWEID and BRETT ZONGKERAssociated Press WASHINGTON (AP) - Haynes Johnson, a pioneering Washington journalist who won a Pulitzer Prize for his coverage of the civil rights movement and migrated from newspapers to television, books and teaching, died Friday. He was 81. The Washington Post