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Vodafone annual profits up 1.9 percent

Vodafone annual profits up 1.9 percent
Submitted by Fox First at Ten on May 21st
LONDON (AP) - U.K.-based mobile telecoms company Vodafone has reported a 1.9 increase in annual profits despite a slowdown in much of its European operations. It reported Tuesday net profits of 7.70 billion pounds ($11.665 billion) for the year ending March 2013 compared with 7.55 billion pounds

Best Buy reports 1Q loss on restructuring costs

Best Buy reports 1Q loss on restructuring costs
Submitted by Fox First at Ten on May 21st
MINNEAPOLIS (AP) - Best Buy Co. on Tuesday reported a loss in its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores. Its adjusted earnings beat Wall Street expectations, but revenue fell short as the

Burberry's profit hit by perfume deal's demise

Burberry's profit hit by perfume deal's demise
Submitted by Fox First at Ten on May 21st
LONDON (AP) - British luxury brand Burberry says that the end of a perfume licensing deal depressed its bottom line, dragging net profit down 3 percent for the year ending on March 31. But shares in the Burberry Group PLC rose just over 1 percent to 14.83 pounds Tuesday after the company reported

German central bank: Economy to improve 'markedly'

German central bank: Economy to improve 'markedly'
Submitted by Fox First at Ten on May 21st
By DAVID McHUGHAP Business Writer FRANKFURT, Germany (AP) - Germany's central bank expects the country's economy to improve "markedly" in the second quarter - a development that could boost the wider eurozone as it struggles to get out of recession. The Bundesbank said Tuesday that Europe

Sprint to listen to Dish offer

Sprint to listen to Dish offer
Submitted by Fox First at Ten on May 21st
OVERLAND PARK, Kan. (AP) - Wireless company Sprint Nextel Corp. says it can now let Dish Network Corp. see its books and talk with Dish to see whether its competing offer to buy Sprint is better than its current deal with Japan's SoftBank. Sprint said late Monday that SoftBank had waived

Housing recovery boosts Home Depot 1Q results

Housing recovery boosts Home Depot 1Q results
Submitted by Fox First at Ten on May 21st
ATLANTA (AP) - Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery. Its quarterly results topped Wall Street's view and the world's biggest home improvement chain boosted its full-year

Former IRS chief: Can't say how targeting happened

Former IRS chief: Can't say how targeting happened
Submitted by Fox First at Ten on May 21st
By STEPHEN OHLEMACHER and ALAN FRAMAssociated Press WASHINGTON (AP) - The man who led the Internal Revenue Service when it was giving extra scrutiny to tea party and other conservative groups seeking tax-exempt status told Congress on Tuesday that he knew little about what was happening while he

Senate to debate crop insurance in farm bill

Senate to debate crop insurance in farm bill
Submitted by Fox First at Ten on May 21st
By MARY CLARE JALONICKAssociated Press WASHINGTON (AP) - The Senate is debating cuts to the federally subsidized crop insurance program as it considers a massive farm bill this week. The Obama administration said Monday it wants to see more cuts to crop insurance and farm subsidies in the

Committee nears final big immigration decisions

Committee nears final big immigration decisions
Submitted by Fox First at Ten on May 21st
By DAVID ESPO and ERICA WERNERAssociated Press WASHINGTON (AP) - The Senate Judiciary Committee hopes to nail down an elusive compromise on high-tech visas and may punt a controversy over gay marriage to the full Senate as it makes final drafting decisions on immigration legislation that grants a

Should we let wunderkinds drop out of high school?

Should we let wunderkinds drop out of high school?
Submitted by Fox First at Ten on May 21st
By BETH J. HARPAZAssociated Press NEW YORK (AP) - Thomas Sohmers, 17, of Hudson, Mass., has been working at a research lab at the Massachusetts Institute of Technology since he was 13, developing projects ranging from augmented reality eyewear to laser communications systems. This spring, his mom,

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
Submitted by Fox First at Ten on May 21st
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

Spokane Valley Police Dept: Three Separate Robberies

Spokane Valley Police Dept: Three Separate Robberies
Submitted by Fox First at Ten on May 21st
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

UPDATE: Longview Elementary School Stomach Illness Outbreak

UPDATE: Longview Elementary School Stomach Illness Outbreak
Submitted by Fox First at Ten on May 21st
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