Home / FOX First At Ten Business News

FOX First At Ten Business News

My Fox Spokane Biz

Judge tosses ex-BP executive's obstruction charge

Judge tosses ex-BP executive's obstruction charge
Submitted by Fox First at Ten on May 20th
By MICHAEL KUNZELMANAssociated Press NEW ORLEANS (AP) - A federal judge on Monday dismissed one of the two counts in the indictment of a former BP executive who was charged with concealing information from Congress about the amount of oil that was leaking from the company's blown-out well in

Panel: Apple uses firms outside US to avoid taxes

Panel: Apple uses firms outside US to avoid taxes
Submitted by Fox First at Ten on May 20th
By MARCY GORDONAP Business Writer WASHINGTON (AP) - Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. The world's most valuable company is holding overseas some $102

White House says more farm subsidy cuts needed

White House says more farm subsidy cuts needed
Submitted by Fox First at Ten on May 20th
By MARY CLARE JALONICKAssociated Press WASHINGTON (AP) - The Obama administration said Monday it wants to see more cuts to agriculture subsidies in a massive farm bill moving through the Senate this week. The bill would cost almost $100 billion a year over five years and would set policy for farm

Panel: Apple uses firms outside US to avoid taxes

Panel: Apple uses firms outside US to avoid taxes
Submitted by Fox First at Ten on May 20th
WASHINGTON (AP) - Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. The world's most valuable company is holding overseas some $102 billion of its $145 billion in cash,

Broadway's biggest theater sold to British group

Broadway's biggest theater sold to British group
Submitted by Fox First at Ten on May 20th
By MARK KENNEDYAP Drama Writer NEW YORK (AP) - Britain's biggest theater group has reached across the Atlantic Ocean and bought Broadway's biggest theater from Live Nation Entertainment for about $60 million. Ambassador Theatre Group said Monday it has acquired The Foxwoods Theatre, the

Warren Buffett gives young entrepreneurs 10 shares

Warren Buffett gives young entrepreneurs 10 shares
Submitted by Fox First at Ten on May 20th
OMAHA, Neb. (AP) - Meeting Warren Buffett is exciting, but 10-year-old Matthew Meyer says winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life. Matthew says winning the grand prize in a contest tied to "The Secret Millionaire's Club" cartoon makes

Small company stock are a bright spot

Small company stock are a bright spot
Submitted by Fox First at Ten on May 20th
By STEVE ROTHWELLAP Markets Writer NEW YORK (AP) - Small-company stocks were a bright spot in a subdued start to the week for Wall Street. The Russell 2000, an index of small-company stocks, climbed above 1,000 points for the first time and ended higher Monday, even as the Dow Jones industrial

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

Most Popular Stories

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

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