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News Corp. board approves split, stock buyback

News Corp. board approves split, stock buyback
Submitted by Fox First at Ten on May 24th
NEW YORK (AP) - News Corp. says its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. News Corp. also said Friday that the target date for the split is June 28. The company holding its TV and movie properties will be 21st Century

Stocks head lower, market on track for weekly loss

Stocks head lower, market on track for weekly loss
Submitted by Fox First at Ten on May 24th
By MATTHEW CRAFTAP Business Writer NEW YORK (AP) - The stock market is heading lower in early trading, putting it on track for its first weekly loss in a month. An hour after the opening bell Friday, the Dow Jones industrial average was down 59 points at 15,235, a drop of 0.4 percent. The Standard

China gives US regulators access to audit records

China gives US regulators access to audit records
Submitted by Fox First at Ten on May 24th
WASHINGTON (AP) - China has agreed to give U.S. regulators access to audit records for Chinese companies whose shares trade on U.S. stock exchanges, a step forward in a long-running dispute. The Public Company Accounting Oversight Board, a watchdog agency for the accounting industry, announced the

China, Switzerland to seal free trade deal

China, Switzerland to seal free trade deal
Submitted by Fox First at Ten on May 24th
GENEVA (AP) - Chinese Premier Li Keqiang is in Switzerland to seal a free trade pact with the Alpine nation - the first comprehensive agreement his country has reached with a major western economy. Li met with Swiss officials in Zurich on Friday to conclude three years of negotiations. In an op-ed

Stocks open lower, market headed for a weekly loss

Stocks open lower, market headed for a weekly loss
Submitted by Fox First at Ten on May 24th
NEW YORK (AP) - Stocks are opening lower on Wall Street, putting the market on track for its first weekly loss after four weeks of gains. The Dow Jones industrial average was down 42 points at 15,251 shortly after the opening bell Friday, a loss of 0.3 percent. The Standard & Poor's 500

Slovenia adopts debt cap to stave off crisis

Slovenia adopts debt cap to stave off crisis
Submitted by Fox First at Ten on May 24th
By ALI ZERDINAssociated Press LJUBLJANA, Slovenia (AP) - Slovenia's parliament on Friday adopted a cap on public spending to try to convince foreign investors that the small eurozone country will not need an international bailout. The 78-8 vote in the assembly means Slovenia's constitution

Some unions now angry about health care overhaul

Some unions now angry about health care overhaul
Submitted by Fox First at Ten on May 24th
By SAM HANANELAssociated Press WASHINGTON (AP) - When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters. But some unions leaders have grown frustrated and angry about what they say are unexpected consequences of the

US durable goods orders rise 3.3 percent in April

US durable goods orders rise 3.3 percent in April
Submitted by Fox First at Ten on May 24th
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring. Orders for durable goods, items

Q&A: On Turkey's proposed alcohol restrictions

Q&A: On Turkey's proposed alcohol restrictions
Submitted by Fox First at Ten on May 24th
By SUZAN FRASERAssociated Press ANKARA, Turkey (AP) - A look at legislation passed in Turkey's parliament early Friday that would ban all alcohol advertising and tighten restrictions on the sale of such beverages, and how such a law could affect tourists and liquor companies in the mainly

Futures slide; markets appear headed for down week

Futures slide; markets appear headed for down week
Submitted by Fox First at Ten on May 24th
NEW YORK (AP) - Stock futures are sinking and it appears major U.S. indexes are heading for a down week roiled by corporate earnings, good and bad, and confusion about what the Fed will do next. Dow Jones industrial futures are down 56 points to 15,233. S&P futures have lost 8.9 points to 1,641

Most Popular Stories

Obama To Visit Tornado-Ravaged OK Town

Obama To Visit Tornado-Ravaged OK Town
Submitted by Fox First at Ten on May 22nd
WASHINGTON (AP) - President Barack Obama will travel to tornado-ravaged Moore, Okla., on Sunday.    That's according to a White House official, who wasn't authorized to publicly discuss the trip ahead of the official announcement and requested anonymity.    A

I-5 bridge collapses into Wash. river, injuring 3

I-5 bridge collapses into Wash. river, injuring 3
Submitted by Fox First at Ten on May 24th
By MANUEL VALDES and MIKE BAKERAssociated Press MOUNT VERNON, Wash. (AP) - An Interstate 5 bridge over a river collapsed north of Seattle Thursday evening, dumping two vehicles into the water and sparking a rescue effort by boats and divers as three injured people were pulled from the chilly

Flooding forces evacuation of 1,300 in ND town

Flooding forces evacuation of 1,300 in ND town
Submitted by Fox First at Ten on May 22nd
By BLAKE NICHOLSON and DAVE KOLPACKAssociated Press BISMARCK, N.D. (AP) - A dam that threatened to give way and flood a North Dakota town was holding back the water on Wednesday, though the 1,300 residents of Cavalier were still being told to stay away from their homes. Steady rainfall between