Home / FOX First At Ten Business News

FOX First At Ten Business News

My Fox Spokane Biz

Stricken Japan nuke plant struggles to keep staff

Stricken Japan nuke plant struggles to keep staff
Submitted by Fox First at Ten on May 23rd
By YURI KAGEYAMAAP Business Writer TOKYO (AP) - Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant's operator is struggling to find enough workers, a trend that many expect to worsen and hamper

Bangladesh: Owners' many failings led to collapse

Bangladesh: Owners' many failings led to collapse
Submitted by Fox First at Ten on May 23rd
By FARID HOSSAINAssociated Press DHAKA, Bangladesh (AP) - The defects and errors that led to the world's deadliest garment-industry accident extend from the swampy ground the doomed Rana Plaza was built on, to "extremely poor quality" construction materials, to the massive, vibrating equipment

Birth control coverage up for federal appeal

Birth control coverage up for federal appeal
Submitted by Fox First at Ten on May 23rd
By KRISTEN WYATTAssociated Press DENVER (AP) - In the most prominent challenge of its kind, Hobby Lobby Stores Inc. is asking a federal appeals court Thursday for an exemption from part of the federal health care law that requires it to offer employees health coverage that includes access to the

IMF head Lagarde in court in fraud probe

IMF head Lagarde in court in fraud probe
Submitted by Fox First at Ten on May 23rd
PARIS (AP) - International Monetary Fund chief Christine Lagarde is facing questions at a special Paris court Thursday over a controversial financial deal that she oversaw as French finance minister. The 2008 arbitrage deal handed about 400 million euros ($520 million) to magnate Bernard Tapie to

Oil falls below $94 as China manufacturing weakens

Oil falls below $94 as China manufacturing weakens
Submitted by Fox First at Ten on May 23rd
By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - The price of oil fell below $94 per barrel Thursday after a private survey showed manufacturing activity in China falling to its lowest level in seven months, a sign that the recovery in the world's No. 2 economy is fading. Benchmark oil for

House to vote on variable rate student loans

House to vote on variable rate student loans
Submitted by Fox First at Ten on May 23rd
By PHILIP ELLIOTTAssociated Press WASHINGTON (AP) - House lawmakers are ready to pass legislation that links student loan rates to the financial markets in spite of a veto threat from President Barack Obama. Supported by Republicans, the bill would avoid a rate increase for students with new

Between economy and trouble, Obama approval steady

Between economy and trouble, Obama approval steady
Submitted by Fox First at Ten on May 23rd
By JIM KUHNHENNAssociated Press WASHINGTON (AP) - The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way. Several recent polls show the president sustaining an overall approval rating around 50 percent,

Lenovo says quarterly profit up 90 percent

Lenovo says quarterly profit up 90 percent
Submitted by Fox First at Ten on May 23rd
By JOE McDONALDAP Business Writer BEIJING (AP) - Computer maker Lenovo Group said Thursday its latest quarterly profit rose 90 percent as sales of smartphones and mobile computing technology expanded. Lenovo said it earned $127 million, or 1.22 cents per share, in the three months ending March 31.

Japan bond yields jump following Fed comments

Japan bond yields jump following Fed comments
Submitted by Fox First at Ten on May 23rd
By ELAINE KURTENBACHAP Business Writer TOKYO (AP) - Yields on 10-year Japanese government bonds briefly topped 1 percent for the first time in a year on Thursday, unnerving some investors at a time when Japan's already overburdened government finances are vulnerable to rises in interest rates.

Japan stocks dive as benchmark bond yield spikes

Japan stocks dive as benchmark bond yield spikes
Submitted by Fox First at Ten on May 23rd
By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - Japanese stocks plummeted Thursday after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. The Nikkei 225 in Tokyo nosedived 7.3 percent to close at

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

SAY WHAT?!? Freak Snow In Washington State Town Cancels School

SAY WHAT?!? Freak Snow In Washington State Town Cancels School
Submitted by Fox First at Ten on May 22nd
BICKLETON, Wash. (AP) - A freak snow has given students a snow day in May in the Klickitat County town of Bickleton.    School Superintendent Ric Palmer says 10-to-12 inches fell in places overnight and heavy snow brought some tree branches down on lines, knocking out power and

Small Fla. city anxious to learn jackpot winner

Small Fla. city anxious to learn jackpot winner
Submitted by Fox First at Ten on May 20th
By TAMARA LUSH and BARBARA RODRIGUEZAssociated Press ZEPHYRHILLS, Fla. (AP) - It could be an anxious wait of up to two months for people in a small Florida city to find out who won the highest Powerball jackpot in history: an estimated $590.5 million. The lucky ticket was bought sometime Saturday