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ESPN cutting workforce, 'smartly managing costs'

ESPN cutting workforce, 'smartly managing costs'
Submitted by Fox First at Ten on May 21st
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
Submitted by Fox First at Ten on May 21st
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
Submitted by Fox First at Ten on May 21st
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

Stock indexes head higher in afternoon trading

Stock indexes head higher in afternoon trading
Submitted by Fox First at Ten on May 21st
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
Submitted by Fox First at Ten on May 21st
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
Submitted by Fox First at Ten on May 21st
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
Submitted by Fox First at Ten on May 21st
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
Submitted by Fox First at Ten on May 21st
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
Submitted by Fox First at Ten on May 21st
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

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

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Crews race to find survivors of Oklahoma twister

Crews race to find survivors of Oklahoma twister
Submitted by Fox First at Ten on May 21st
By NOMAAN MERCHANT and SEAN MURPHYAssociated Press MOORE, Okla. (AP) - Emergency crews searched the broken remnants of an Oklahoma City suburb Tuesday for survivors of a massive tornado that flattened homes and demolished an elementary school. At least 24 people were killed, including at least nine

Hospitals Treat More Than 200 After Oklahoma Tornado

Hospitals Treat More Than 200 After Oklahoma Tornado
Submitted by Fox First at Ten on May 21st
OKLAHOMA CITY (AP) - Hospital officials say they've treated more than 200 patients, including over 70 children, since a tornado ripped through an Oklahoma City suburb.    Dozens of patients remained hospitalized Tuesday following Monday's tornado.    

Interior issues new drilling rule on public land

Interior issues new drilling rule on public land
Submitted by Fox First at Ten on May 16th
By MATTHEW DALYAssociated Press WASHINGTON (AP) - The Obama administration said Thursday it will require companies that drill for oil and natural gas on federal lands to publicly disclose chemicals used in hydraulic fracturing operations. The new "fracking" rule replaces a draft proposed last year