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China, Switzerland to seal free trade deal

China, Switzerland to seal free trade deal
Submitted by Fox First at Ten on May 24th
GENEVA (AP) - Chinese Premier Li Keqiang is in Switzerland to seal a free trade pact with the Alpine nation - the first comprehensive agreement his country has reached with a major western economy. Li met with Swiss officials in Zurich on Friday to conclude three years of negotiations. In an op-ed

Stocks open lower, market headed for a weekly loss

Stocks open lower, market headed for a weekly loss
Submitted by Fox First at Ten on May 24th
NEW YORK (AP) - Stocks are opening lower on Wall Street, putting the market on track for its first weekly loss after four weeks of gains. The Dow Jones industrial average was down 42 points at 15,251 shortly after the opening bell Friday, a loss of 0.3 percent. The Standard & Poor's 500

Slovenia adopts debt cap to stave off crisis

Slovenia adopts debt cap to stave off crisis
Submitted by Fox First at Ten on May 24th
By ALI ZERDINAssociated Press LJUBLJANA, Slovenia (AP) - Slovenia's parliament on Friday adopted a cap on public spending to try to convince foreign investors that the small eurozone country will not need an international bailout. The 78-8 vote in the assembly means Slovenia's constitution

Some unions now angry about health care overhaul

Some unions now angry about health care overhaul
Submitted by Fox First at Ten on May 24th
By SAM HANANELAssociated Press WASHINGTON (AP) - When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters. But some unions leaders have grown frustrated and angry about what they say are unexpected consequences of the

US durable goods orders rise 3.3 percent in April

US durable goods orders rise 3.3 percent in April
Submitted by Fox First at Ten on May 24th
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring. Orders for durable goods, items

Q&A: On Turkey's proposed alcohol restrictions

Q&A: On Turkey's proposed alcohol restrictions
Submitted by Fox First at Ten on May 24th
By SUZAN FRAZERAssociated Press ANKARA, Turkey (AP) - A look at legislation passed in Turkey's parliament early Friday that would ban all alcohol advertising and tighten restrictions on the sale of such beverages, and how such a law could affect tourists and liquor companies in the mainly

Futures slide; markets appear headed for down week

Futures slide; markets appear headed for down week
Submitted by Fox First at Ten on May 24th
NEW YORK (AP) - Stock futures are sinking and it appears major U.S. indexes are heading for a down week roiled by corporate earnings, good and bad, and confusion about what the Fed will do next. Dow Jones industrial futures are down 56 points to 15,233. S&P futures have lost 8.9 points to 1,641

Top Swiss negotiator in tax disputes steps down

Top Swiss negotiator in tax disputes steps down
Submitted by Fox First at Ten on May 24th
GENEVA (AP) - Switzerland's top negotiator in talks to resolve disputes over tax evasion with Europe and the U.S. is stepping down. The Finance Ministry said Friday that Michael Ambuehl will leave his post at the end of August and go into academia. The move comes at a crucial time for

Procter & Gamble brings back A.G. Lafley as CEO

Procter & Gamble brings back A.G. Lafley as CEO
Submitted by Fox First at Ten on May 24th
By MAE ANDERSONAP Business Writer NEW YORK (AP) - Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again. The Cincinnati company said late Thursday that former CEO A.G. Lafley, a 33-year industry veteran, is returning its top post. The surprise move

France won't force companies to cap executive pay

France won't force companies to cap executive pay
Submitted by Fox First at Ten on May 24th
By SARAH DiLORENZOAP Business Writer PARIS (AP) - The French government is trying to woo executives and entrepreneurs, amid concerns that it has antagonized the businesses needed to reinvigorate the economy. Finance Minister Pierre Moscovici announced Friday that the government no longer plans to

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

LA stoplights synchronized but road war endures

LA stoplights synchronized but road war endures
Submitted by Fox First at Ten on May 25th
By JOHN ROGERSAssociated Press LOS ANGELES (AP) - It seems that the impossible has occurred: The nation's most congested city has become a model for traffic control. Yes, gridlock still prevails and drivers' blood pressure still spikes as LA's traffic arteries seize up during every