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Gap's 1st-quarter profits rises 43 percent

Gap's 1st-quarter profits rises 43 percent
Submitted by Fox First at Ten on May 23rd
By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - After years of struggling, Gap is back in style. Gap Inc., which owns the Gap, Old Navy and Banana Republic clothing chains, reported on Thursday a 43 percent increase in its fiscal first-quarter net income, as the company continues to reap

Stocks end lower as investors reassess Fed worries

Stocks end lower as investors reassess Fed worries
Submitted by Fox First at Ten on May 23rd
NEW YORK (AP) - Stocks are ending the day slightly lower after recouping a big loss early on. U.S. markets fell immediately after the opening bell following a global slump prompted in part by an unexpectedly weak report on manufacturing in China. Concern that the Federal Reserve might ease back on

Big stores nix credit card settlement, file suit

Big stores nix credit card settlement, file suit
Submitted by Fox First at Ten on May 23rd
NEW YORK (AP) - Some of the country's largest retailers, including Target Corp. and Macy's Inc., on Thursday filed a lawsuit against MasterCard and Visa, rejecting a settlement reached last year over alleged fee-fixing. A larger group of 19 trade associations and retail companies originally

87-year-old woman loses to Trump in civil case

87-year-old woman loses to Trump in civil case
Submitted by Fox First at Ten on May 23rd
By MICHAEL TARMAssociated Press CHICAGO (AP) - An 87-year-old grandmother took on billionaire Donald Trump. And on Thursday - she lost. Jurors sided with the real estate mogul-turned-TV showman in a weeklong civil trial focused on Jacqueline Goldberg's claim that Trump cheated her in a condo

House GOP leaders pledge action on immigration

House GOP leaders pledge action on immigration
Submitted by Fox First at Ten on May 23rd
By ERICA WERNERAssociated Press WASHINGTON (AP) - The Republican leaders of the House of Representatives are pledging to act to fix the nation's immigration system but making clear that they will not simply accept legislation passed by the Senate. Republican House Speaker John Boehner of Ohio

Wyden: FracFocus 'constructive' tool on drilling

Wyden: FracFocus 'constructive' tool on drilling
Submitted by Fox First at Ten on May 23rd
By MATTHEW DALYAssociated Press WASHINGTON (AP) - The chairman of the Senate Energy Committee says a website partially funded by the oil and gas industry is a constructive tool that could be used by federal regulators in requiring public disclosure of the chemicals used in hydraulic fracturing

Turkey debates alcohol sales and ad restrictions

Turkey debates alcohol sales and ad restrictions
Submitted by Fox First at Ten on May 23rd
By SUZAN FRASERAssociated Press ANKARA, Turkey (AP) - Turkish lawmakers on Thursday began debating a bill that bans all alcohol advertising and tightens restrictions on sales of such beverages - a proposal the government insists is aimed at protecting the young from the ills of spirits but which

Kerry Kennedy, farmworker protest Wendy's in NYC

Kerry Kennedy, farmworker protest Wendy's in NYC
Submitted by Fox First at Ten on May 23rd
NEW YORK (AP) - Kerry Kennedy has joined farmworkers protesting outside Wendy's shareholder meeting in New York City. The protesters said Thursday they want Wendy's to sign an agreement to safeguard working conditions for Florida tomato pickers. Other fast-food chains including McDonald

Shareholder adviser firm paying $300,000 fine

Shareholder adviser firm paying $300,000 fine
Submitted by Fox First at Ten on May 23rd
By MARCY GORDONAP Business Writer WASHINGTON (AP) - A prominent firm in the business of advising big shareholders on how to vote in elections for company directors is paying a $300,000 fine to settle federal civil charges of failing to protect clients' confidential voting information.

Pritzker's ties to thrift, tax haven eyed

Pritzker's ties to thrift, tax haven eyed
Submitted by Fox First at Ten on May 23rd
By ANDREW MIGAAssociated Press WASHINGTON (AP) - President Barack Obama's nominee for secretary of commerce is facing scrutiny in the Senate for her ties to a subprime mortgage lender that failed in 2001 and as a beneficiary of family offshore trusts in the Bahamas. Billionaire business

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