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FOX First At Ten Business News

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Japan's central bank says economy picking up

Japan's central bank says economy picking up
Submitted by Fox First at Ten on May 22nd
By ELAINE KURTENBACHAP Business Writer TOKYO (AP) - Japan's central bank says the world's third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at home, though the trade deficit widened in April, for the tenth straight month. The Bank of Japan

Oil below $96 before crude stocks report, Fed

Oil below $96 before crude stocks report, Fed
Submitted by Fox First at Ten on May 22nd
By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - The price of oil fell Wednesday as investors waited for a report on U.S. crude stocks and the Federal Reserve's latest views on the U.S. economy. Benchmark crude for July delivery was down 62 cents to $95.56 a barrel at late afternoon Bangkok

Investors edgy ahead of Bernanke testimony

Investors edgy ahead of Bernanke testimony
Submitted by Fox First at Ten on May 22nd
By PAN PYLASAP Business Writer LONDON (AP) - Investors were edgy Wednesday ahead of the appearance of U.S. Federal Reserve chairman Ben Bernanke before lawmakers in Congress. Following a run of upbeat U.S. economic news, largely related to housing and jobs, there's been talk in the markets that

North Korea sends leader's special envoy to China

North Korea sends leader's special envoy to China
Submitted by Fox First at Ten on May 22nd
By MARGIE MASONAssociated Press PYONGYANG, North Korea (AP) - North Korean leader Kim Jong Un dispatched a high-profile official and close confidant to China on Wednesday as Beijing faces pressure to rein in its belligerent neighbor. Choe Ryong Hae, a top Workers' Party official and a vice

US auto factories cutting back on summer downtime

US auto factories cutting back on summer downtime
Submitted by Fox First at Ten on May 22nd
By DEE-ANN DURBINAP Auto Writer DETROIT (AP) - Detroit auto factories are forgoing their traditional two-week summer break and speeding up production to meet buyers' growing demand for new cars and trucks. Ford Motor Co. said Wednesday that 21 of its North American factories will shut for only

Bernanke testimony to be studied for policy clues

Bernanke testimony to be studied for policy clues
Submitted by Fox First at Ten on May 22nd
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - When Ben Bernanke testifies about the U.S. economy Wednesday, the Federal Reserve chairman's words will be examined for any clues that the Fed might soon taper - or increase - its support for the economy. The Fed is pursuing an

North Korean leader sends 'special envoy' to China

North Korean leader sends 'special envoy' to China
Submitted by Fox First at Ten on May 22nd
By MARGIE MASONAssociated Press PYONGYANG, North Korea (AP) - North Korean leader Kim Jong Un dispatched a high-profile official and close confidant to travel to China on Wednesday as a special envoy while Beijing is under pressure to rein in its belligerent neighbor. Choe Ryong Hae, a top Workers

Senate panel approves immigration bill

Senate panel approves immigration bill
Submitted by Fox First at Ten on May 22nd
By DAVID ESPO and ERICA WERNERAssociated Press WASHINGTON (AP) - Far-reaching legislation to grant a chance at citizenship to millions of immigrants living illegally in the United States cleared the Senate Judiciary Committee on a solid bipartisan vote Tuesday night after supporters somberly

Japan's trade deficit hits $8.6B due to weaker yen

Japan's trade deficit hits $8.6B due to weaker yen
Submitted by Fox First at Ten on May 22nd
By ELAINE KURTENBACHAP Business Writer TOKYO (AP) - Japan's trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April as its weakening currency accentuated surging import costs. Exports rose 3.8 percent from the same month a year earlier to 5.78 trillion yen ($56

Ex-Ford execs charged in Argentine torture cases

Ex-Ford execs charged in Argentine torture cases
Submitted by Fox First at Ten on May 21st
By MICHAEL WARRENAssociated Press BUENOS AIRES, Argentina (AP) - Three former Ford Motor Co. executives were charged Tuesday with crimes against humanity for allegedly targeting Argentine union workers for kidnapping and torture after the country's 1976 military coup. All three men are now in

Most Popular Stories

Protesters chant 'Stop the IRS' in Cincinnati

Protesters chant 'Stop the IRS' in Cincinnati
Submitted by Fox First at Ten on May 21st
By DAN SEWELLAssociated Press CINCINNATI (AP) - Tea party activists waving flags and signs, singing patriotic songs and chanting anti-IRS slogans protested outside federal buildings across the country Tuesday to protest the agency's extra scrutiny of conservative groups. A crowd packed the

Small Fla. city anxious to learn jackpot winner

Small Fla. city anxious to learn jackpot winner
Submitted by Fox First at Ten on May 20th
By TAMARA LUSH and BARBARA RODRIGUEZAssociated Press ZEPHYRHILLS, Fla. (AP) - It could be an anxious wait of up to two months for people in a small Florida city to find out who won the highest Powerball jackpot in history: an estimated $590.5 million. The lucky ticket was bought sometime Saturday

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