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Business Highlights

Submitted by Fox First at Ten on October 22nd

By The Associated Press ___ Russia's Rosneft buys out TNK-BP MOSCOW (AP) - Russian state-owned oil giant Rosneft strengthened its hold on the country's lucrative oil industry when it sealed a deal Monday to buy TNK-BP, the 50-50 joint venture between BP, the British energy country, and

Without buyer, Dominion to close Wis. power plant

Submitted by Fox First at Ten on October 22nd

By MICHAEL FELBERBAUMAP Business Writer RICHMOND, Va. (AP) - Dominion Resources Inc. said Monday that it plans to close and decommission its Kewaunee Power Station in Wisconsin after it was unable to find a buyer for the nuclear power plant. It would be the first such closure since 1998,

Dozens of states make it hard to get abortions

Submitted by Fox First at Ten on October 20th

By LINDSEY TANNERAP Medical Writer CHICAGO (AP) - It's legal to get an abortion in America, but in many places it is hard and getting harder. Just this year, 17 states set new limits on abortion; 24 did last year, according to the Guttmacher Institute, a pro-abortion rights nonprofit whose

TransCanada reaffirms Keystone pipeline restart

Submitted by Fox First at Ten on October 19th

By The Associated Press TransCanada has reaffirmed its plan to restart the Keystone oil pipeline from Canada to the Midwest on Saturday, although rainy weather is hampering the company's on-site work. TransCanada shut down the 2,100-mile pipeline Wednesday after tests showed possible safety

Oil prices fall on fresh worries about economy

Submitted by Fox First at Ten on October 19th

By SANDY SHOREAP Business Writer The price of oil fell 2.2 percent Friday after disappointing U.S. corporate earnings and a drop in existing home sales sparked worries again about the global economy. Benchmark oil fell $2.05 to finish at $90.05 per barrel in New York. Brent crude, which is used

Minn. man convicted of aiding Somalia terror group

Submitted by Fox First at Ten on October 18th

By AMY FORLITIAssociated Press MINNEAPOLIS (AP) - A Minneapolis man accused of helping send young men through a terrorist pipeline from Minnesota to Somalia was convicted Thursday on all five terrorism-related charges he faced, including one that could land him in prison for life. The jury

Online auction to liquidate surplus school items

Submitted by Fox First at Ten on October 18th

By COREY WILLIAMSAssociated Press DETROIT (AP) - Tennis rackets, at least two pianos, science lab microscopes and a battery-powered scooter are among dozens of surplus items that will be auctioned off from Detroit's closed Southwestern High School. The online auction is a pilot program that

Hawker Beechcraft sale to Chinese firm collapses

Submitted by Fox First at Ten on October 18th

By ROXANA HEGEMANAssociated Press WICHITA, Kan. (AP) - Talks to sell Hawker Beechcraft's operations to China's Superior Aviation Beijing Co. have collapsed and the Wichita plane maker said Thursday that it now plans to emerge from bankruptcy protection as a slimmed down company in the

Twitter shuts out German neo-Nazi group's account

Submitted by Fox First at Ten on October 18th

By DAVID RISINGAssociated Press BERLIN (AP) - Twitter has for the first time blocked an account using a new tool that allows it to bar content in individual countries, shutting out a banned German neo-Nazi group at the behest of local authorities. Twitter spokesman Dirk Hensen told The

Online auction to liquidate surplus school items

Submitted by Fox First at Ten on October 18th