Home / FOX First At Ten Business News

FOX First At Ten Business News

My Fox Spokane Biz

Average credit card debt, late payments fall in 1Q

Average credit card debt, late payments fall in 1Q
Submitted by Fox First at Ten on May 21st
By ALEX VEIGAAP Business Writer LOS ANGELES (AP) - Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt. The rate of credit card payments at least 90 days

Lew taps government retiree pension fund

Lew taps government retiree pension fund
Submitted by Fox First at Ten on May 21st
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt. In a letter to

Judge tosses ex-BP executive's obstruction charge

Judge tosses ex-BP executive's obstruction charge
Submitted by Fox First at Ten on May 20th
By MICHAEL KUNZELMANAssociated Press NEW ORLEANS (AP) - A federal judge on Monday dismissed one of the two counts in the indictment of a former BP executive who was charged with concealing information from Congress about the amount of oil that was leaking from the company's blown-out well in

Panel: Apple uses firms outside US to avoid taxes

Panel: Apple uses firms outside US to avoid taxes
Submitted by Fox First at Ten on May 20th
By MARCY GORDONAP Business Writer WASHINGTON (AP) - Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. The world's most valuable company is holding overseas some $102

White House says more farm subsidy cuts needed

White House says more farm subsidy cuts needed
Submitted by Fox First at Ten on May 20th
By MARY CLARE JALONICKAssociated Press WASHINGTON (AP) - The Obama administration said Monday it wants to see more cuts to agriculture subsidies in a massive farm bill moving through the Senate this week. The bill would cost almost $100 billion a year over five years and would set policy for farm

Panel: Apple uses firms outside US to avoid taxes

Panel: Apple uses firms outside US to avoid taxes
Submitted by Fox First at Ten on May 20th
WASHINGTON (AP) - Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. The world's most valuable company is holding overseas some $102 billion of its $145 billion in cash,

Broadway's biggest theater sold to British group

Broadway's biggest theater sold to British group
Submitted by Fox First at Ten on May 20th
By MARK KENNEDYAP Drama Writer NEW YORK (AP) - Britain's biggest theater group has reached across the Atlantic Ocean and bought Broadway's biggest theater from Live Nation Entertainment for about $60 million. Ambassador Theatre Group said Monday it has acquired The Foxwoods Theatre, the

Warren Buffett gives young entrepreneurs 10 shares

Warren Buffett gives young entrepreneurs 10 shares
Submitted by Fox First at Ten on May 20th
OMAHA, Neb. (AP) - Meeting Warren Buffett is exciting, but 10-year-old Matthew Meyer says winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life. Matthew says winning the grand prize in a contest tied to "The Secret Millionaire's Club" cartoon makes

Small company stock are a bright spot

Small company stock are a bright spot
Submitted by Fox First at Ten on May 20th
By STEVE ROTHWELLAP Markets Writer NEW YORK (AP) - Small-company stocks were a bright spot in a subdued start to the week for Wall Street. The Russell 2000, an index of small-company stocks, climbed above 1,000 points for the first time and ended higher Monday, even as the Dow Jones industrial

Stocks open slightly lower on Wall Street

Stocks open slightly lower on Wall Street
Submitted by Fox First at Ten on May 20th
NEW YORK (AP) - Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains. The Dow Jones industrial average fell 21 points to 15,332 shortly after the opening bell Monday, a loss of 0.1 percent. The Standard & Poor's 500 index was off a

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

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

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