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India central bank cuts cash reserve ratio

Submitted by Fox First at Ten on September 17th

By NIRMALA GEORGEAssociated Press NEW DELHI (AP) - India's central bank Monday cut the cash reserve ratio as it tries to kick-start flagging growth and welcomed government efforts to open Asia's third-largest economy to more foreign investment. The Reserve Bank of India said the share

Lawyers: 'Pink slime' lawsuit an uphill climb

Submitted by Fox First at Ten on September 14th

By CHET BROKAW and GRANT SCHULTEAssociated Press LINCOLN, Neb. (AP) - Beef Products Inc. will face a steep climb in its "pink slime" defamation lawsuit against ABC News as the South Dakota-based meat processor works to rebuild its public image, legal experts say. BPI sued ABC News, Inc. for

Texas man linked to Anonymous hackers arrested

Submitted by Fox First at Ten on September 13th

DALLAS (AP) - A Texas man linked to the worldwide hacking group Anonymous has been detained by the FBI over accusations that he threatened a federal agent, his attorney said Thursday. Barrett Brown, 31, of Dallas was arrested Wednesday night and booked into the Dallas County jail, according to jail

What earnings reports have revealed about ads

Submitted by Fox First at Ten on September 13th

By The Associated Press Several companies that sell advertising have been reporting their quarterly earnings. Here are highlights from selected Internet and media companies and what they say about the state of spending on advertising: - July 16: Gannett Co. says advertising demand was "uneven"

ABC News sued for defamation over 'pink slime'

Submitted by Fox First at Ten on September 13th

By GRANT SCHULTE and KRISTI EATONAssociated Press NORTH SIOUX CITY, S.D. (AP) - Beef Products Inc. sued ABC News, Inc. for defamation Thursday over its coverage of a meat product that critics dub "pink slime," claiming the network damaged the company by misleading consumers into believing it is

A look at recent tech-industry earnings

Submitted by Fox First at Ten on September 12th

By The Associated Press Quarterly results from leading tech companies underscore ongoing changes in the PC industry, concerns about the European economy and questions about newly traded tech companies' ability to generate revenue. Here is a summary of recent earnings and reports for

Sirius CEO expects Liberty would not keep him on

Submitted by Fox First at Ten on September 12th

By The Associated Press Sirius XM Radio Inc.'s CEO Mel Karmazin said Wednesday that he expects Liberty Media Corp. would not want to keep him on if the media conglomerate is successful in its bid to take control of the satellite broadcasting company. Karmazin, speaking at an investment

Manchester United shares flat in public debut

Submitted by Fox First at Ten on August 10th

By MAE ANDERSONAssociated Press NEW YORK (AP) - Soccer club Manchester United made a disappointing debut on the New York Stock Exchange Friday, even after opening at a discounted price, with enthusiasm for the celebrated team overshadowed by its debt load and financial track record. Many had

10 ways to pay for college without student loans

Submitted by Fox First at Ten on August 3rd

By Andrew Housser The average cost of a college education at a public institution is $21,000 per year. Private schools can cost twice that. If you're a parent, those numbers are sure to give you pause. You want your children to have the best future possible -- and a career that they love.

Olympic viewing: NBC sets opening ceremony record

Submitted by Fox First at Ten on July 28th

By DAVID BAUDERAP Television Writer NEW YORK (AP) - A look at media coverage of the London Olympics: An opening ceremony from the mother country with a Beatle, a queen and Mr. Bean proved irresistible for viewers in the United States, with a record-setting 40.7 million people watching NBC's