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Sears reports bigger-than-expected 1Q loss

Sears reports bigger-than-expected 1Q loss
Submitted by Fox First at Ten on May 23rd
By ANNE D'INNOCENZIO AND CANDICE CHOIAP Retail Writers NEW YORK (AP) - It was another ugly quarter for Sears Holdings Corp. The beleaguered department-store chain reported a steeper-than-expected loss for its first quarter on slumping sales. It also announced that it is considering selling its

Gap back in style as 1Q profit jumps 43 percent

Gap back in style as 1Q profit jumps 43 percent
Submitted by Fox First at Ten on May 23rd
By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - After years of struggle, Gap is back in style. Gap Inc., which owns The Gap, Old Navy and Banana Republic clothing chains, on Thursday reported a 43 percent jump in its fiscal first-quarter net income, as the company continues to reap

Stocks end lower as investors reassess Fed worries

Stocks end lower as investors reassess Fed worries
Submitted by Fox First at Ten on May 23rd
NEW YORK (AP) - Stocks are ending the day slightly lower after recouping a big loss early on. U.S. markets fell immediately after the opening bell following a global slump prompted in part by an unexpectedly weak report on manufacturing in China. Concern that the Federal Reserve might ease back on

Big stores nix credit card settlement, file suit

Big stores nix credit card settlement, file suit
Submitted by Fox First at Ten on May 23rd
NEW YORK (AP) - Some of the country's largest retailers, including Target Corp. and Macy's Inc., on Thursday filed a lawsuit against MasterCard and Visa, rejecting a settlement reached last year over alleged fee-fixing. A larger group of 19 trade associations and retail companies originally

87-year-old woman loses to Trump in civil case

87-year-old woman loses to Trump in civil case
Submitted by Fox First at Ten on May 23rd
By MICHAEL TARMAssociated Press CHICAGO (AP) - An 87-year-old grandmother took on billionaire Donald Trump. And on Thursday, she lost. Jurors sided with the real estate mogul-turned-TV showman in a weeklong civil trial focused on Jacqueline Goldberg's claim that Trump cheated her in a bait-and-

House immigration group resolves dispute

House immigration group resolves dispute
Submitted by Fox First at Ten on May 23rd
By ERICA WERNERAssociated Press WASHINGTON (AP) - House members writing a bipartisan immigration bill said Thursday they had patched over a dispute that threatened their efforts, even as they and the rest of Congress prepared to return home for a weeklong recess where many could confront voters

Wyden: FracFocus a 'constructive' tool on drilling

Wyden: FracFocus a 'constructive' tool on drilling
Submitted by Fox First at Ten on May 23rd
By MATTHEW DALYAssociated Press WASHINGTON (AP) - A website partially funded by the oil and gas industry could be a "constructive" tool for federal regulators as they consider requiring public disclosure of chemicals used in hydraulic fracturing operations, Senate Energy Committee Chairman Ron

Turkey debates alcohol sales and ad restrictions

Turkey debates alcohol sales and ad restrictions
Submitted by Fox First at Ten on May 23rd
By SUZAN FRASERAssociated Press ANKARA, Turkey (AP) - Turkish lawmakers on Thursday began debating a bill that bans all alcohol advertising and tightens restrictions on sales of such beverages - a proposal the government insists is aimed at protecting the young from the ills of spirits but which

Kerry Kennedy, farmworker protest Wendy's in NYC

Kerry Kennedy, farmworker protest Wendy's in NYC
Submitted by Fox First at Ten on May 23rd
NEW YORK (AP) - Kerry Kennedy has joined farmworkers protesting outside Wendy's shareholder meeting in New York City. The protesters said Thursday they want Wendy's to sign an agreement to safeguard working conditions for Florida tomato pickers. Other fast-food chains including McDonald

Shareholder adviser firm paying $300,000 fine

Shareholder adviser firm paying $300,000 fine
Submitted by Fox First at Ten on May 23rd
By MARCY GORDONAP Business Writer WASHINGTON (AP) - A prominent firm in the business of advising big shareholders on how to vote in elections for company directors is paying a $300,000 fine to settle federal civil charges of failing to protect clients' confidential voting information.

Most Popular Stories

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

I-5 bridge collapses into Wash. river, injuring 3

I-5 bridge collapses into Wash. river, injuring 3
Submitted by Fox First at Ten on May 24th
By MANUEL VALDES and MIKE BAKERAssociated Press MOUNT VERNON, Wash. (AP) - An Interstate 5 bridge over a river collapsed north of Seattle Thursday evening, dumping two vehicles into the water and sparking a rescue effort by boats and divers as three injured people were pulled from the chilly

Flooding forces evacuation of 1,300 in ND town

Flooding forces evacuation of 1,300 in ND town
Submitted by Fox First at Ten on May 22nd
By BLAKE NICHOLSON and DAVE KOLPACKAssociated Press BISMARCK, N.D. (AP) - A dam that threatened to give way and flood a North Dakota town was holding back the water on Wednesday, though the 1,300 residents of Cavalier were still being told to stay away from their homes. Steady rainfall between