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Report: France backs off caps on CEO pay

Report: France backs off caps on CEO pay
Submitted by Fox First at Ten on May 24th
PARIS (AP) - France's finance minister says the government is no longer planning to cap executives' salaries in the private sector, amid concerns it is antagonizing the big businesses needed to reinvigorate the economy. The Socialist government imposed limits last year on executive pay at

Turkey passes bill restricting alcohol sales, ads

Turkey passes bill restricting alcohol sales, ads
Submitted by Fox First at Ten on May 24th
ANKARA, Turkey (AP) - Turkey's parliament has passed legislation to ban all advertising of alcohol and tighten restrictions on sales in the mainly Muslim but secular country. The legislation, adopted on Friday, bans the sale of alcoholic drinks between 10 p.m. and 6 a.m. It also prohibits

German business confidence unexpectedly rebounds

German business confidence unexpectedly rebounds
Submitted by Fox First at Ten on May 24th
By GEIR MOULSONAssociated Press BERLIN (AP) - German business confidence rebounded this month in an unexpectedly strong showing that sends a hopeful signal for more robust growth in Europe's biggest economy, a closely watched survey found Friday. The Ifo think tank's confidence index rose

Oil falls below $94 on weak outlook for demand

Oil falls below $94 on weak outlook for demand
Submitted by Fox First at Ten on May 24th
By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - The price of oil was knocked lower Friday by a combination of ample supplies and lukewarm demand. Benchmark oil for July delivery was down 40 cents to $93.85 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile

World stocks erratic a day after big sell-off

World stocks erratic a day after big sell-off
Submitted by Fox First at Ten on May 24th
By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - Asian shares traded erratically Friday but European markets found their footing, a day after global stocks were routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus. Japan'

Japan's PM Abe defends policies as markets settle

Japan's PM Abe defends policies as markets settle
Submitted by Fox First at Ten on May 24th
By ELAINE KURTENBACHAP Business Writer TOKYO (AP) - Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst

NJ: Caramel-colored rubbing alcohol sold as scotch

NJ: Caramel-colored rubbing alcohol sold as scotch
Submitted by Fox First at Ten on May 24th
By REMA RAHMANAssociated Press TRENTON, N.J. (AP) - At one bar, a mixture that included rubbing alcohol and caramel coloring was sold as scotch. In another, premium liquor bottles were refilled with water - and apparently not even clean water at that. State officials provided those new details

6 tips on managing your 401(k) plan effectively

6 tips on managing your 401(k) plan effectively
Submitted by Fox First at Ten on May 23rd
By ALEX VEIGAAP Business Writer The run-up in stock prices this year could tempt even the most hands-off investor to wade into their 401(k) and make some changes. The Dow Jones industrial average, Nasdaq and Standard & Poor's 500 indexes are each up more than 20 percent over the past 12

Study: No higher cancer rate at Conn. Pratt plants

Study: No higher cancer rate at Conn. Pratt plants
Submitted by Fox First at Ten on May 23rd
By STEPHEN SINGERAP Business Writer EAST HARTFORD, Conn. (AP) - An 11-year study of the incidence of brain cancer at jet engine manufacturer Pratt & Whitney in the state ended Thursday with university researchers saying they found no statistically significant elevations in the rate of cancer

New rules for labeling meat go into effect in US

New rules for labeling meat go into effect in US
Submitted by Fox First at Ten on May 23rd
By M.L. JOHNSONAssociated Press MILWAUKEE (AP) - Shoppers in the U.S. will soon have more information about where their meat comes from after new federal labeling rules went into effect Thursday. The rules require labels on steaks, ribs and other cuts of meat to say where the animal was born,

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

UPDATE: No Fatalities In I-5 Bridge Collapse

UPDATE: No Fatalities In I-5 Bridge Collapse
Submitted by Fox First at Ten on May 24th
MOUNT VERNON, Wash. (AP) - Authorities say there were no fatalities when an Interstate 5 bridge over a river north of Seattle collapsed.    The Thursday evening bridge failure dumped vehicles and people into the water.    Marcus Deyerin, a spokesman for the Northwest