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US stocks slip ahead of earnings season kickoff

Submitted by Fox First at Ten on January 8th

By DANIEL WAGNERAP Business Writer U.S. stocks fell Tuesday as traders awaited the start of the corporate earnings season. The Dow Jones industrial average was down 80 points at 13,303 as of 11:13 a.m. Eastern time. The Standard & Poor's 500 index fell nine to 1,452. The Nasdaq composite

Stocks mostly lower on Wall Street; Yum plunges

Submitted by Fox First at Ten on January 8th

By The Associated Press Stocks are opening mostly lower on Wall Street as investors get ready for the beginning of corporate earnings season. Aluminum maker Alcoa reports earnings after the closing bell. The stock was flat in early trading. The Dow Jones industrial average slipped 20 points to 13,

Business Highlights

Submitted by Fox First at Ten on January 7th

By The Associated Press ___ 10 banks agree to pay $8.5 billion for foreclosure abuse WASHINGTON (AP) - Ten major banks agreed Monday to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes. The banks, which

McDonald's expands test flight for chicken wings

Submitted by Fox First at Ten on January 7th

By CANDICE CHOIAP Food Industry Writer NEW YORK (AP) - First there were McNuggets. Then there were Chicken McBites. Now McDonald's could be adding "Mighty Wings" to its chicken menu. The world's biggest hamburger chain is set to expand its test of chicken wings to Chicago this week, after a

Tiny Chevrolet Sonic helps Detroit shake off rust

Submitted by Fox First at Ten on January 5th

By TOM KRISHER and DEE-ANN DURBINAP Auto Writers DETROIT (AP) - When the word reached the Orion Assembly Plant, it spread along the serpentine assembly line like news of a death or natural disaster: General Motors, the biggest automaker in the world, had filed for bankruptcy protection. On that

Gift guide for the modern day conspiracy theorist

Submitted by Fox First at Ten on December 20th

By Natt GarunProvided by Regardless of how many times you yell into that one friend's ear that the world is not going to end this Friday, December 21, he or she remains unconvinced. They've already packed their basement full of Twinkies (what's left of them at the supermarket) and Jell