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Ford reports $1.63b 3Q profit despite Europe woes

Submitted by Fox First at Ten on October 30th

By DEE-ANN DURBINAP Auto Writer DEARBORN, Mich. (AP) - Europe may have lost its appetite for new cars, but buyers in America and China propelled Ford to a better-than-expected profit in the third quarter. Ford Motor Co. earned $1.63 billion, down only slightly from a year earlier, despite lower

Asia stocks mixed after China PMI improves

Submitted by Fox First at Ten on October 30th

BANGKOK (AP) - Asian stock markets showed modest improvement Thursday after two business surveys showed an upswing in China's manufacturing sector last month. The China Federation of Logistics and Purchasing said its monthly PMI reading on manufacturing activity stood at 50.2 on a 100-point

Syria activists report 23 dead in Damascus suburb

Submitted by Fox First at Ten on October 30th

By BEN HUBBARDAssociated Press BEIRUT (AP) - Airstrikes by Syrian jets and shells from tanks leveled a neighborhood in a restive city near the capital of Damascus on Tuesday, killing 18 people, and at least five rebel fighters died nearby in clashes with regime troops, activists said. The

Mitsubishi Motors profit improves on cost cuts

Submitted by Fox First at Ten on October 30th

By YURI KAGEYAMAAP Business Writer TOKYO (AP) - Mitsubishi Motor Corp.'s fiscal second-quarter net profit improved 60 percent to 10.1 billion yen ($126 million) on cost cuts, but the Japanese automaker lowered its projection Tuesday for China, where a bitter territorial dispute is sending

Baidu profit up 60 percent, revenue growth slows

Submitted by Fox First at Ten on October 30th

BEIJING (AP) - Baidu Inc., which operates China's most popular search engine, said Tuesday its latest quarterly profit rose 60 percent but revenue growth slowed as the Chinese economy cooled. Profit for the three months ending Sept. 30 was $478.6 million (3 billion yuan), the Beijing-based

Buddy Act: Clinton, Biden gave fiery Ohio speeches

Submitted by Fox First at Ten on October 30th

By MATTHEW DALYAssociated Press YOUNGSTOWN, Ohio (AP) - They are old friends and sometime political rivals, each a gregarious, backslapping politician and legendary - some would say long-winded - talker. So when Vice President Joe Biden and former President Bill Clinton came together Monday on

Japan central bank ups asset buys to aid economy

Submitted by Fox First at Ten on October 30th

By ELAINE KURTENBACHAP Business Writer TOKYO (AP) - Japan's central bank expanded a government bond-buying program Tuesday, vowing to spur growth as it further downgraded the country's economic outlook following declines in industrial output and household spending in September. Under

Obama ad pushes back on Romney jobs claim in Ohio

Submitted by Fox First at Ten on October 29th

By BETH FOUHYAssociated Press NEW YORK (AP) - TITLE: "Collapse." LENGTH: 30 Seconds AIRING: Ohio KEY IMAGES: The ad opens with a still photo of a shuttered factory and pans to a headline from a New York Times column Mitt Romney wrote in 2008, headlined, "Let Detroit go Bankrupt." A male

Clinton: Romney claim about Jeep a 'load of bull'

Submitted by Fox First at Ten on October 29th

By MATTHEW DALYAssociated Press YOUNGSTOWN, Ohio (AP) - Vice President Joe Biden and former President Bill Clinton have criticized Mitt Romney for saying that Chrysler is shifting production of its Jeep brand autos from Ohio to China. Jeep, a major employer in Ohio, has said it is adding jobs

New Romney ad misleads on auto bailout

Submitted by Fox First at Ten on October 29th

By BETH FOUHYAssociated Press NEW YORK (AP) - TITLE: "Who Will Do More?" LENGTH: 30 seconds AIRING: Northern Ohio markets, including Toledo and Youngstown. KEY IMAGES: The ad opens with a car crossing a city bridge and cuts to other images of people in their cars - a young woman, a young black