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Stocks open slightly lower on Wall Street

Stocks open slightly lower on Wall Street
Submitted by Fox First at Ten on May 20th
NEW YORK (AP) - Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains. The Dow Jones industrial average fell 21 points to 15,332 shortly after the opening bell Monday, a loss of 0.1 percent. The Standard & Poor's 500 index was off a

UAE construction giant faces rare labor strike

UAE construction giant faces rare labor strike
Submitted by Fox First at Ten on May 20th
DUBAI, United Arab Emirates (AP) - United Arab Emirates-based construction company Arabtec says it's working to resolve a rare strike by laborers seeking higher wages. Labor protests are uncommon across the Gulf Arab states, which depend on workers mostly from South Asia for vital construction

Yahoo takes big leap with $1.1B deal for Tumblr

Yahoo takes big leap with $1.1B deal for Tumblr
Submitted by Fox First at Ten on May 20th
By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times. The deal announced Monday represents Mayer's boldest move yet since she left

Chesapeake names Anadarko executive as new CEO

Chesapeake names Anadarko executive as new CEO
Submitted by Fox First at Ten on May 20th
OKLAHOMA CITY (AP) - Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO. The appointment of the 46-year-old Lawler comes after a tough year during which Chesapeake's board ousted its founder and the company worked to shore up its finances. The new CEO

US futures subdued as investors take stock

US futures subdued as investors take stock
Submitted by Fox First at Ten on May 20th
NEW YORK (AP) - U.S. stock futures are relatively flat as investors take a breather and some analysts wonder how long the bull-market run can last. Dow Jones industrial average futures are down 7 points to 15,308. The broader S&P 500 is down less than a point at 1,662.3. Nasdaq futures are down

Actavis buying Warner Chilcott in $8.5B deal

Actavis buying Warner Chilcott in $8.5B deal
Submitted by Fox First at Ten on May 20th
By MICHELLE CHAPMANAP Business Writer NEW YORK (AP) - Actavis is buying Warner Chilcott in an all-stock transaction valued at about $8.5 billion which would create the third-biggest specialty pharmaceutical company in the U.S. The announcement on Monday comes after the two companies said earlier

China asks NKorea to release fishing boat, crew

China asks NKorea to release fishing boat, crew
Submitted by Fox First at Ten on May 20th
By LOUISE WATTAssociated Press BEIJING (AP) - China is urging North Korea to release a Chinese fishing boat whose owner says it was seized by gun-toting North Koreans earlier this month and held for ransom, in the latest irritant in relations between the neighboring allies. Boat owner Yu Xuejun,

Economists predict increase in consumer spending

Economists predict increase in consumer spending
Submitted by Fox First at Ten on May 20th
WASHINGTON (AP) - Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists. The economists predict that the U.S. economy will grow 2.4 percent this year and 3 percent next year. That's unchanged from

Russian oligarchs foot most of 2014 Sochi Olympics

Russian oligarchs foot most of 2014 Sochi Olympics
Submitted by Fox First at Ten on May 20th
By NATALIYA VASILYEVAAP Business Writer SOCHI, Russia (AP) - The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying for the 2014 Winter

Chinese, Indian leaders call for cooperation

Chinese, Indian leaders call for cooperation
Submitted by Fox First at Ten on May 20th
By RAVI NESSMANAssociated Press NEW DELHI (AP) - The leaders of India and China played down their recent border dispute and other tensions Monday, pledging to work together for regional stability and the economic growth of the world's two most populous nations. Friction has been building

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Public Memorial For Fairchild Airmen Of KC-135 Tanker Crash In Kyrgyzstan

Public Memorial For Fairchild Airmen Of KC-135 Tanker Crash In Kyrgyzstan
Submitted by Fox First at Ten on May 17th
AIRWAY HEIGHTS, Wash. - A public memorial for the patriots who lost their lives onboard a KC-135 that crashed May 3 will be held May 28, 2013 at the Inland Northwest Bank Performing Arts Center at 1 p.m. Capt. Mark Tyler Voss, Capt. Victoria Pinckney and Tech. Sgt. Herman "Tre" Mackey III will be

SLIDESHOW: 2013 Spokane Lilac Festival Armed Forces Torchlight Parade

SLIDESHOW: 2013 Spokane Lilac Festival Armed Forces Torchlight Parade
Submitted by Fox First at Ten on May 19th
KHQ.COM - The 2013 Spokane Lilac Festival Armed Forces Torchlight Parade is in the books. With tens of thousands of people in downtown Spokane watching the parade, the floats, the marching bands, we know you took plenty of pictures! Well, we want to see them!  To submit pictures for this

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