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NY judge rejects 9/11 suit against United Airlines

Submitted by Fox First at Ten on November 21st

By LARRY NEUMEISTERAssociated Press NEW YORK (AP) - United Airlines cannot be held responsible for the hijacking of an American Airlines flight and the collapse of a third World Trade Center building after the twin towers fell in the Sept. 11 attacks, a federal judge ruled Wednesday. The

WHY IT MATTERS: The EU budget debate

Submitted by Fox First at Ten on November 21st

By DON MELVINAssociated Press BRUSSELS (AP) - The Issue: Europe's leaders will gather in Brussels on Thursday to decide on how much the European Union, the political and economic partnership between 27 of the region's countries, will spend in the next seven years. Compared to the size

Russian farmer takes on corrupt officials

Submitted by Fox First at Ten on November 21st

By MAX SEDDONAssociated Press YARABAIKASY, Russia (AP) - When Eduard Mochalov tried to have the people who stole his cattle and pig farm brought to justice, he spent eight months in jail on charges he says were cooked up. He appealed to Vladimir Putin and even set himself on fire outside the

NY sues Credit Suisse over mortgage securities

Submitted by Fox First at Ten on November 20th

ALBANY, N.Y. (AP) - New York is suing Credit Suisse Securities and affiliates, claiming they misled investors about the care taken in evaluating their residential mortgage-backed securities. The suit filed Tuesday in Manhattan under New York's Martin Act alleges Credit Suisse deceived investors

Spain: Residency for foreigners who buy houses

Submitted by Fox First at Ten on November 19th

By CIARAN GILESAssociated Press MADRID (AP) - Looking for a new place to call home? Spain is hoping to give you a little bit more than a welcome basket of baked goods if you decide to move there. In an attempt to reduce the country's bloated stock of unsold homes, the government is set to

Higher taxes may not hammer dividend stocks

Submitted by Fox First at Ten on November 16th

By MATTHEW CRAFTAP Business Writer NEW YORK (AP) - If Washington allows tax cuts to expire at the end of the year, taxes on dividends will nearly triple for the highest-paid Americans. That's led some experts to warn of a looming collapse for popular dividend-paying stocks. When Uncle Sam

2 missing, 4 badly burned in Gulf platform fire

Submitted by Fox First at Ten on November 16th

By MICHAEL KUNZELMANAssociated Press NEW ORLEANS (AP) - The Coast Guard was searching late Friday for two workers missing after a fire erupted on an oil platform in the Gulf of Mexico, sending an ominous black plume of smoke into the air reminiscent of the 2010 Deepwater Horizon explosion that

Despite Myanmar reforms, much remains to be done

Submitted by Fox First at Ten on November 16th

By TODD PITMANAssociated Press YANGON, Myanmar (AP) - In the west, terrified villagers flee burning homes after an explosion of ethnic and religious violence. In the north, refugees from a civil war cower in chilly camps, desperately short on life's basic necessities. And in dank jails,

Report: Raters, regulators failed MF Global

Submitted by Fox First at Ten on November 15th

By MARCY GORDONAP Business Writer WASHINGTON (AP) - A House panel says credit rating agencies and federal regulators contributed to MF Global's collapse last year. But it pinned most of the blame on ex-CEO Jon Corzine. The report issued Thursday by the House Financial Services Oversight and

Post office reports record loss of $15.9B for year

Submitted by Fox First at Ten on November 15th

By HOPE YENAssociated Press WASHINGTON (AP) - The struggling U.S. Postal Service on Thursday reported an annual loss of a record $15.9 billion and forecast more red ink in 2013, capping a tumultuous year in which it was forced to default on billions in payments to avert bankruptcy. The