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Stocks drift lower as investors wait for the Fed

Stocks drift lower as investors wait for the Fed
Submitted by Fox First at Ten on June 19th
NEW YORK (AP) - Stocks are drifting lower on Wall Street as investors hold back ahead of a policy announcement from the Federal Reserve. The Dow Jones industrial average was down 10 points, or 0.1 percent, at 15,307 at midday Eastern Daylight Time Wednesday. The Standard & Poor's 500 index

Israel to export 40 percent of its natural gas

Israel to export 40 percent of its natural gas
Submitted by Fox First at Ten on June 19th
JERUSALEM (AP) - Israel has decided to export 40 percent of the natural gas it expects to produce from offshore wells, keeping a larger amount for local use than expected. The figure, announced by Prime Minister Benjamin Netanyahu on Wednesday, is lower than the 53 percent recommended by an inter-

Banks fall short in helping struggling homeowners

Banks fall short in helping struggling homeowners
Submitted by Fox First at Ten on June 19th
By ANDREW MIGAAssociated Press WASHINGTON (AP) - Homeowners trying to avoid foreclosure must wait too long for their loan modification applications to be reviewed by some of the nation's top mortgage servicers, a report said Wednesday. Such delays can plunge borrowers deeper in debt. Joseph A.

Bluebird Bio shares rocket higher in trading debut

Bluebird Bio shares rocket higher in trading debut
Submitted by Fox First at Ten on June 19th
NEW YORK (AP) - Shares of gene therapy developer Bluebird Bio Inc. are surging in their trading debut. Its shares climbed $9.15, or 53.8 percent, to $26.15 in morning trading Wednesday after trading as high as $27 earlier in the session. The company's initial public offering of 5.94 million

Dolce and Gabbana convicted of tax evasion

Dolce and Gabbana convicted of tax evasion
Submitted by Fox First at Ten on June 19th
MILAN (AP) - A Milan court on Wednesday convicted the designers Domenico Dolce and Stefano Gabbana of tax evasion. They were found guilty of failing to declare 200 million euros ($268 million) through a Luxembourg company to authorities and given a one year and eight months suspended jail sentence

Men's Wearhouse ousts founder, pitchman Zimmer

Men's Wearhouse ousts founder, pitchman Zimmer
Submitted by Fox First at Ten on June 19th
By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - Apparently, Men's Wearhouse Inc. doesn't like the way its founder looks anymore. In a terse release issued Wednesday, Men's Wearhouse said it has fired the face of the company and its executive chairman, George Zimmer, who

Investors look for answers on economy from Fed

Investors look for answers on economy from Fed
Submitted by Fox First at Ten on June 19th
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve's drive to keep long-term interest rates at record lows. On Wednesday, many hope the Fed will settle the

Stocks edge lower as investors wait on Fed

Stocks edge lower as investors wait on Fed
Submitted by Fox First at Ten on June 19th
By STEVE ROTHWELLAP Markets Writer NEW YORK (AP) - The stock market is waiting on the Fed. Major indexes drifted lower in midday trading Wednesday as traders wondered what the Federal Reserve will say about the U.S. economy and the central bank's huge stimulus program this afternoon. The U.S.

Cyprus okays gas plant deal with Noble, Delek

Cyprus okays gas plant deal with Noble, Delek
Submitted by Fox First at Ten on June 19th
NICOSIA, Cyprus (AP) - Cyprus' deputy government spokesman says the Cabinet has ratified a preliminary agreement with U.S. firm Noble Energy and its Israeli partners Delek Drilling and Avner Oil Exploration on their participation in the development of a planned natural gas processing facility.

Stocks edge lower as investors wait for the Fed

Stocks edge lower as investors wait for the Fed
Submitted by Fox First at Ten on June 19th
NEW YORK (AP) - Stocks are edging lower in early trading on Wall Street as investors hold back ahead of a policy announcement from the Federal Reserve. The Dow Jones industrial average was down 17 points, or 0.1 percent, at 15,301 in the first few minutes of trading Wednesday. The Standard &

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UPDATE: Crash On Spokane's South Hill At Freya & 35th

UPDATE: Crash On Spokane's South Hill At Freya & 35th
Submitted by Fox First at Ten on June 19th
UPDATE: Authorities say that a tan SUV was heading west on 35th on Wednesday afternoon when the driver ran a stop sign at Freya. A blue SUV that was headed south on Freya hit the tan SUV causing the vehicle to flip over. There were two people in the overturned SUV, a woman and a little girl. They

Idaho Toddler Dies After Being Left In Car

Idaho Toddler Dies After Being Left In Car
Submitted by Fox First at Ten on June 19th
AMMON, Idaho (AP) - Officials with the Bonneville County sheriff's department say a 21-month-old southeastern Idaho girl has died after she was left in a vehicle.    A news release says deputies and paramedics were called shortly after 5:15 p.m. Tuesday to a residence in Ammon,

Not Guilty Plea In Nine Mile Slaying

Not Guilty Plea In Nine Mile Slaying
Submitted by Fox First at Ten on June 19th
SPOKANE, Wash. (AP) - The man accused of strangling his girlfriend and putting her body in a tub of acid at a Nine Mile Falls home pleaded not guilty Tuesday to a murder charge in Spokane. The trial for 27-year-old Jason Hart is set for Aug. 12. He's accused of killing 33-year-old Regan