FOX First At Ten Business News

My Fox Spokane Biz

ESPN cutting workforce, 'smartly managing costs'

ESPN cutting workforce, 'smartly managing costs'
By RACHEL COHENAP Sports Writer NEW YORK (AP) - ESPN is cutting its workforce, the latest Disney division to reduce staff. "We are implementing changes across the company to enhance our continued growth while smartly managing costs," the sports media giant said in a statement Tuesday. "While

Germany's SAP to recruit tech staff with autism

Germany's SAP to recruit tech staff with autism
BERLIN (AP) - German software giant SAP AG said Tuesday it plans to recruit people with autism to take make full use of their talents to process information. Autism is a developmental disorder characterized by difficulties in communicating, emotional detachment and rigid or repetitive behavior. But

Poll: Teens migrating to Twitter

Poll: Teens migrating to Twitter
By JENNIFER C. KERRAssociated Press WASHINGTON (AP) - Twitter is booming as a social media destination for teenagers who complain about too many adults and too much drama on Facebook, according to a new study published Tuesday about online behavior. It said teens are sharing more personal

Moniz sworn in as energy secretary

Moniz sworn in as energy secretary
By MATTHEW DALYAssociated Press WASHINGTON (AP) - Energy Secretary Ernest Moniz said Tuesday he will put on hold about 20 applications to export liquefied natural gas until he reviews studies by the Energy Department and others on what impact the exports would have on domestic natural gas supplies

Stock indexes head higher in afternoon trading

Stock indexes head higher in afternoon trading
NEW YORK (AP) - The stock market turned higher Tuesday as investors banked on continued policy support from the Federal Reserve. Two big retailers also topped Wall Street expectations for the most recent quarter. The Dow Jones industrial average rose 64 points to 15,399 shortly after 1 p.m. Eastern

France: Drugmaker on trial, suspected in deaths

France: Drugmaker on trial, suspected in deaths
NANTERRE, France (AP) - The makers of a diabetes and weight loss drug suspected in the deaths of hundreds of people went on trial Tuesday, facing charges they misled the public about the product's safety. But after years of delays in one of France's biggest recent health scandals, the

Sprint boosts buyout offer for Clearwire

Sprint boosts buyout offer for Clearwire
OVERLAND PARK, Kan. (AP) - Sprint says it has raised its buyout offer for the stake in Clearwire it does not already own by 14 percent. Sprint Nextel Corp. said Tuesday that it is offering $3.40 per share for Clearwire Corp. Its previous offer, from December, was for $2.97 per share for the

Microsoft expected to reveal next-generation Xbox

Microsoft expected to reveal next-generation Xbox
By DERRIK J. LANGAP Entertainment Writer REMOND, Wash. (AP) - Will Xbox mark the spot once again for Microsoft? The company is set to reveal the next generation of its Xbox entertainment console during a presentation Tuesday at its headquarters in Redmond, Wash. It's been eight years since the

Futures fall as markets await hints from Fed

Futures fall as markets await hints from Fed
NEW YORK (AP) - U.S. stock futures are down in light trading ahead of an appearance this week by Fed Chairman Ben Bernanke before Congress. Dow Jones industrial futures slipped 4 points to 15,315. S&P futures have given up 1.1 points to 1,663.50. Nasdaq futures are up 1.75 points to 3,019.25.

Apple's Cook to face Senate questions on taxes

Apple's Cook to face Senate questions on taxes
By MARCY GORDONAP Business Writer WASHINGTON (AP) - A Senate panel says Apple Inc. is avoiding paying billions of dollars in U.S. taxes, but the world's most valuable company says it is complying with the laws and pays "an extraordinary amount" in taxes to the U.S. government. Apple Inc. CEO

Most Popular Stories

WATCH LIVE: Clay Starbuck Trial Happening Now; Accused Of Murdering His Ex Wife

WATCH LIVE: Clay Starbuck Trial Happening Now; Accused Of Murdering His Ex Wife
SPOKANE, Wash. – The trial of Clay Starbuck, charged with killing his ex-wife Chanin and sexually violating her remains, entered its third week Monday at the Spokane County Courthouse. Chanin Starbuck was found strangled to death in her Deer Park home in December of 2011, and Clay

UPDATE: Longview Elementary School Stomach Illness Outbreak

UPDATE: Longview Elementary School Stomach Illness Outbreak
PRESS RELEASE FROM THE GRANT COUNTY HEALTH DEPT: MOSES LAKE, Wash. - The Grant County Health District received lab confirmation from two specimens submitted to the Washington State Public Health Lab. Both samples were positive for norovirus and came from individuals who became sick during the

Spokane Valley Police Dept: Three Separate Robberies

Spokane Valley Police Dept: Three Separate Robberies
PRESS RELEASE FROM THE SPOKANE VALLEY POLICE DEPT: Spokane Valley Sheriff's Office Detective Jack Rosenthal is investigating three separate robberies that have taken place within a short time frame in Spokane Valley. On May 13th, 16th and 21st three separate businesses in Spokane Valley