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US economy from sofa view: fragile, improving

Submitted by Fox First at Ten on October 19th

By EMERY P. DALESIOAP Business Writer HIGH POINT, N.C. (AP) - This year may be a turning point for the furniture industry, which has taken an especially hard hit during the recession as credit was limited and people put big-ticket purchases on hold to pay monthly bills. That's the growing

Stronger dollar hurts McDonald's 3Q results

Submitted by Fox First at Ten on October 19th

By MAE ANDERSONAssociated Press NEW YORK (AP) - Tough competition in the U.S. and the weakening economy abroad was a double whammy for McDonald's in the third-quarter, sending the burger chain's net income down nearly 4 percent. McDonald's said it was adjusting some of its plans to

GE 3Q earnings rise; revenue disappoints

Submitted by Fox First at Ten on October 19th

By JONATHAN FAHEYAP Energy Writer NEW YORK (AP) - General Electric Co.'s transformation into a more simple industrial company seems to be helping its bottom line. The top line, though, is lagging slightly. GE's net income rose 49 percent in the third quarter to $3.49 billion, or 33

Money men: Who are top 5 donors to Romney?

Submitted by Fox First at Ten on October 19th

By STEPHEN BRAUNAssociated Press WASHINGTON (AP) - For a casino mogul worth an estimated $25 billion, $34.2 million may sound like chump change. Yet that's how much money Sheldon Adelson has donated so far to aid Republican presidential candidate Mitt Romney and organizations supporting

Money men: Who are top 5 donors to Romney?

Submitted by Fox First at Ten on October 19th

Money men: Who are top 5 donors to Romney?

Submitted by Fox First at Ten on October 19th

By STEPHEN BRAUNAssociated Press WASHINGTON (AP) - Republicans hit the jackpot with casino mogul Sheldon Adelson. Worth an estimated $25 billion, Adelson has donated $44.2 million so far to aid Republican presidential candidate Mitt Romney and organizations supporting Romney this election.

Euro banking deal fails to impress markets

Submitted by Fox First at Ten on October 19th

By PAN PYLASAP Business Writer LONDON (AP) - A sketchy agreement on how to create a single European banking supervisor combined with a run of disappointing U.S. corporate earnings to hit markets Friday at the end of what's been a fairly upbeat week. The bout of pessimism began Thursday when

Recall News

Submitted by Fox First at Ten on October 18th

By The Associated Press The following recalls have been announced: ___ CHILDREN'S UPHOLSTERED CHAIRS

News Summary: Beans, corn up on weather worries

Submitted by Fox First at Ten on October 18th

By The Associated Press GAINING GRAINS: Prices rose for wheat, corn and soybeans as adverse weather hit key farming regions in Brazil and Argentina. Although it's early in the season, some investors questioned whether the problems will wind up hurting the harvest. ECONOMIC MIX: Other

Beans, corn higher on concerns about weather

Submitted by Fox First at Ten on October 18th

By SANDY SHOREAP Business Writer Soybean, corn and wheat prices rose as some South American farming regions get either too much or not enough rain. Soybeans finished up 2.4 percent Thursday; corn increased 2 percent and wheat gained 1.4 percent. Brazil and Argentina are huge producers of corn