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Schumer urges look at security in Sprint deal

Schumer urges look at security in Sprint deal
Submitted by Fox First at Ten on May 24th
By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Sen. Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's Softbank, saying the Japanese company's use of Chinese networking equipment could open

FDA warns of infections tied to Tennessee pharmacy

FDA warns of infections tied to Tennessee pharmacy
Submitted by Fox First at Ten on May 24th
By MATTHEW PERRONEAP Health Writer WASHINGTON (AP) - Government health officials are investigating several complications reported with potentially contaminated medications made by a Tennessee specialty pharmacy. The Food and Drug Administration said Friday that the investigation involves seven

Delta ups the ante in battle for NY travel market

Delta ups the ante in battle for NY travel market
Submitted by Fox First at Ten on May 24th
By SCOTT MAYEROWITZAP Airlines Writer NEW YORK (AP) - Delta Air Lines opened a $1.4 billion terminal at Kennedy Airport Friday, strengthening its hand in the battle for the lucrative New York travel market. The expanded concourse offers sweeping views of the airport, upscale food and shopping

Netflix looks to hook subscribers with 'Arrested'

Netflix looks to hook subscribers with 'Arrested'
Submitted by Fox First at Ten on May 24th
By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - Netflix is hoping this weekend's release of the resurrected TV series "Arrested Development" will draw more subscribers to its Internet video service. The award-winning show about the dysfunctional Bluth family returns Sunday, seven

Venezuela to create new workers militia

Venezuela to create new workers militia
Submitted by Fox First at Ten on May 24th
By KARL RITTER and JORGE RUEDAAssociated Press CARACAS, Venezuela (AP) - Venezuela's president has ordered the creation of a new workers' militia to defend the country's "Bolivarian revolution" at a time when the government faces economic problems and political turmoil. President

Oil ends week down 2 pct on tepid demand outlook

Oil ends week down 2 pct on tepid demand outlook
Submitted by Fox First at Ten on May 24th
By The Associated Press NEW YORK (AP) - The price of oil fell 2 percent this week, as oil traders worried about global demand and shared the stock market's concerns about possible changes to the Federal Reserve economic stimulus program. The loss Friday was just 10 cents, to $94.15 a barrel.

Barrick fined $16m for Pascua-Lama violations

Barrick fined $16m for Pascua-Lama violations
Submitted by Fox First at Ten on May 24th
By LUIS ANDRES HENAOAssociated Press VALLENAR, Chile (AP) - Chile's environmental regulator blocked Barrick Gold Corp.'s $8.5 billion Pascua-Lama project on Friday and imposed its maximum fine on the world's largest gold miner, citing "very serious" violations of its environmental

News Corp. OKs poison pill, buyback before split

News Corp. OKs poison pill, buyback before split
Submitted by Fox First at Ten on May 24th
By RYAN NAKASHIMAAP Business Writer LOS ANGELES (AP) - News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the

Stocks head lower, market on track for weekly loss

Stocks head lower, market on track for weekly loss
Submitted by Fox First at Ten on May 24th
By MATTHEW CRAFTAP Business Writer NEW YORK (AP) - The stock market headed slightly lower Friday, keeping on track for its first weekly loss in a month. The Standard & Poor's 500 index was down three points at 1,647, a slip of 0.2 percent, as of 1:30 p.m. Eastern time. The Dow Jones

China gives US regulators access to audit records

China gives US regulators access to audit records
Submitted by Fox First at Ten on May 24th
WASHINGTON (AP) - China has agreed to give U.S. regulators access to audit records for Chinese companies whose shares trade on U.S. stock exchanges, a step forward in a long-running dispute. The Public Company Accounting Oversight Board, a watchdog agency for the accounting industry, announced the

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

Flooding forces evacuation of 1,300 in ND town

Flooding forces evacuation of 1,300 in ND town
Submitted by Fox First at Ten on May 22nd
By BLAKE NICHOLSON and DAVE KOLPACKAssociated Press BISMARCK, N.D. (AP) - A dam that threatened to give way and flood a North Dakota town was holding back the water on Wednesday, though the 1,300 residents of Cavalier were still being told to stay away from their homes. Steady rainfall between

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