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Stocks open higher on Wall Street ahead of Fed

Stocks open higher on Wall Street ahead of Fed
Submitted by Fox First at Ten on June 17th
NEW YORK (AP) - Stocks are opening higher on Wall Street ahead of a two-day meeting of Federal Reserve policymakers. Traders have been trying to figure out when the Fed will start to cut back on its huge bond-buying program, which has been lifting bond prices, keeping interest rates low and

High court to hear NJ housing discrimination case

High court to hear NJ housing discrimination case
Submitted by Fox First at Ten on June 17th
By MARK SHERMANAssociated Press WASHINGTON (AP) - The Supreme Court agreed Monday to take on another dispute involving race, deciding whether people must prove they were victims of intentional housing discrimination to win lawsuits under federal law. With highly anticipated decisions on affirmative

EU official: Trade deal with US a 'game-changer'

EU official: Trade deal with US a 'game-changer'
Submitted by Fox First at Ten on June 17th
ENNISKILLEN, Northern Ireland (AP) - The top official with the European Union's executive arm says a free trade deal with the United States would be a "game-changer" for the global economy. European Commission President Jose Manuel Barroso made the statement Monday ahead of a formal launch of

Porsche family buys back stake from Qatar fund

Porsche family buys back stake from Qatar fund
Submitted by Fox First at Ten on June 17th
BERLIN (AP) - Descendants of German automobile entrepreneur Ferdinand Porsche have bought back a 10 percent stake in their holding company from Qatar's sovereign wealth fund. Carmaker Porsche confirmed the transaction Monday but didn't reveal the sales price. The Porsche and Piech families

Futures rising ahead of Fed's 2-day policy meeting

Futures rising ahead of Fed's 2-day policy meeting
Submitted by Fox First at Ten on June 17th
NEW YORK (AP) - U.S. stock futures are rising sharply ahead of this week's two-day policy meeting of the U.S. Federal Reserve. Dow Jones futures are up 124 points to 15,112. S&P futures have added 14.3 points to 1,632.70. Nasdaq futures are up 29 points to 2,966. Markets have been roiled by

Starboard says Smithfield sale undervalues company

Starboard says Smithfield sale undervalues company
Submitted by Fox First at Ten on June 17th
By MICHAEL FELBERBAUMAP Business Writer RICHMOND, Va. (AP) - One of Smithfield Foods Inc.'s largest shareholders says a $4.72 billion takeover bid from China's largest meat producer falls short of what the company would be worth if sold off piece by piece. In a letter to the Smithfield, Va

US stimulus hopes shore up markets

US stimulus hopes shore up markets
Submitted by Fox First at Ten on June 17th
By PAN PYLASAssociated Press LONDON (AP) - Growing expectations that the U.S. Federal Reserve will maintain its current policy stance gave stocks a boost Monday. Concern that the Fed would start reducing the amount of financial assets it is buying has been the main factor behind the volatility that

Canada to provide $98.4 million in aid to Jordan

Canada to provide $98.4 million in aid to Jordan
Submitted by Fox First at Ten on June 17th
AMMAN, Jordan (AP) - Canada has pledged an additional $98.4 million to Jordan to help the Arab country cope with the costly fallout from the worsening crisis next door in Syria, its foreign affairs minister said in a statement Monday. The pledge followed a visit by John Baird, who held talks on

Elan holders OK buyback, vote down 3 deals

Elan holders OK buyback, vote down 3 deals
Submitted by Fox First at Ten on June 17th
NEW YORK (AP) - Shareholders of Irish drugmaker Elan Corp. PLC have potentially ended a takeover bid from Royalty Pharma by voting in favor of an Elan share buyback plan. The Dublin-based company's shareholders also rejected at a Monday meeting three separate deals that the Elan board has

Union ratchets up pressure on Amazon Germany

Union ratchets up pressure on Amazon Germany
Submitted by Fox First at Ten on June 17th
BERLIN (AP) - Union members at online retailer Amazon's German operations have begun a two-day strike to ratchet up pressure on the company over pay demands. The ver.di union says workers at Amazon's distribution centers in Leipzig and Bad Hersfeld began the strike Monday following three

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UPDATE: Missing Idaho Woman Found Safe

UPDATE: Missing Idaho Woman Found Safe
Submitted by Fox First at Ten on June 17th
UPDATE: According to the Facebook page set up to help find her, missing Sandpoint woman Rashelle Klontz has been found and she is safe. If we learn any additional information we will be sure to update this story.  Previous Coverage:  PASCO, Wash. - The Franklin County Sheriff's Office

UPDATE: Chas Clinic Armed Robbery In Spokane Valley; Suspect On The Loose

UPDATE: Chas Clinic Armed Robbery In Spokane Valley; Suspect On The Loose
Submitted by Fox First at Ten on June 17th
KHQ.COM - On Monday law enforcement officers responded to an armed robbery at the Chas Clinic at 10th & Pines in Spokane Valley. The suspect, who had a gun, is described to be in his early 20's with short brown hair and was wearing a surgical mask. The suspect got away from an unknown

US sees nothing new in NKorea talks offer

US sees nothing new in NKorea talks offer
Submitted by Fox First at Ten on June 17th
WASHINGTON (AP) - The State Department says it sees nothing new in North Korea's offer of high-level talks with the U.S. Spokeswoman Jen Psaki said Monday that Pyongyang has made similar offers numerous times over the years. She said Washington would be open to dialogue but it wants North Korea