FOX First At Ten Business News

A divided Fed wrestles with when to slow bond buys

By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - The Federal Reserve is torn over when to slow its aggressive efforts to stimulate the economy. Its uncertainty burst into view Wednesday, when Chairman Ben Bernanke testified to Congress in the morning and the Fed in the afternoon released

Tesla uses stock, note sale to repay government

By TOM KRISHERAP Auto Writer DETROIT (AP) - Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early. The Palo Alto, Calif., company said it wired in a $451.8 million payment to the government on Wednesday. The money,

HP's 2Q offers hope even as revenue slump deepens

By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company's cost-cutting measures and focus on more profitable

Am. Samoa to keep flier miles of govt travelers

By FILI SAGAPOLUTELEAssociated Press PAGO PAGO, American Samoa (AP) - American Samoa plans to take away frequent flier miles from government workers who travel on behalf of the U.S. territory and use the loyalty points to help medical patients and students travel off the islands when necessary.