commercial | MyFOX Spokane

Kodak settles with U.K. pension plan

Submitted by Fox First at Ten on April 29th

ROCHESTER, N.Y. (AP) - Eastman Kodak says it will sell its personalized and document imaging businesses to its U.K. pension plan as part of an agreement that settles $2.8 billion of claims the retirement fund had against the photography pioneer. Eastman Kodak Co. said Monday that it is selling the

Iceland returns center-right parties to power

Submitted by Fox First at Ten on April 28th

By JENNA GOTTLIEB and JILL LAWLESSAssociated Press REYKJAVIK, Iceland (AP) - In a dramatic about-face, Icelandic voters have returned to power the center-right parties that led the national economy to collapse five years ago. With all votes counted Sunday, the conservative Independence Party and

Moody's, S&P settle lawsuits over debt ratings

Submitted by Fox First at Ten on April 27th

NEW YORK (AP) - Ratings agencies Standard & Poor's, Moody's and investment bank Morgan Stanley have settled two lawsuits dating back to the financial crisis that accused them of hiding risky investments. The lawsuits from King County in Washington state and Abu Dhabi Commercial Bank

FAA: Air traffic system soon at full operation

Submitted by Fox First at Ten on April 27th

By BARBARA ORTUTAYAP Business Writer NEW YORK (AP) - The Federal Aviation Administration said that the U.S. air traffic system will resume normal operations by Sunday evening after lawmakers rushed a bill through Congress allowing the agency to withdraw furloughs of air traffic controllers and

FAA: Air traffic system soon at full operation

Submitted by Fox First at Ten on April 27th

Iceland opposition poised to win general election

Submitted by Fox First at Ten on April 27th

By JENNA GOTTLIEB and JILL LAWLESSAssociated Press REYKJAVIK, Iceland (AP) - Five years after Iceland's economic collapse, early returns signaled that austerity-weary voters are favoring the return of a center-right, Euroskeptic government, widely blamed for the nation's financial woes.

Boeing says new battery system ensures 787 safety

Submitted by Fox First at Ten on April 27th

By YURIKO NAGANOAssociated Press TOKYO (AP) - Boeing Co.'s chief engineer for the 787 Dreamliner said Saturday that changes to the lithium-ion battery system are fully sufficient to ensure the aircraft's safety, although the company has been unable to find the cause of the original battery

Japan allows airlines set to resume 787 flights

Submitted by Fox First at Ten on April 26th

By MARI YAMAGUCHIAssociated Press TOKYO (AP) - Japan's transport minister said Friday the government will allow Japanese airlines to resume flying grounded Boeing 787s once they complete installation of systems to reduce fire risk in problematic lithium ion batteries. The ministry gave the

Senate advances bill to tax Internet sales

Submitted by Fox First at Ten on April 25th

By STEPHEN OHLEMACHERAssociated Press WASHINGTON (AP) - The Senate moved closer Thursday to passing a bill to tax purchases made over the Internet. But a final vote in the Senate was delayed until senators return from a weeklong vacation. Although opponents hope senators will hear from angry

Hollywood yielding to China's growing film clout

Submitted by Fox First at Ten on April 24th

By PETER ENAVAssociated Press Coming soon to a theater near you: China's Communist Party. From demanding changes in plot lines that denigrate the Chinese leadership, to dampening lurid depictions of sex and violence, Beijing is having increasing success in pressuring Hollywood into deleting