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FBI: Pilot worker says Haslam knew of rebate fraud

Submitted by Fox First at Ten on April 18th

By ADRIAN SAINZ and ERIK SCHELZIGAssociated Press NASHVILLE, Tenn. (AP) - A Pilot Flying J employee told investigators that CEO Jimmy Haslam, who is also the owner of the Cleveland Browns, knew about rebate fraud at the truck stop chain his family owns, according to an FBI affidavit unsealed

Capital One 1Q profit drops 25 pct; sales up

Submitted by Fox First at Ten on April 18th

By ALEX VEIGAAP Business Writer LOS ANGELES (AP) - Capital One Financial Corp. said Thursday that its first-quarter net income tumbled 25 percent from the same period last year, when the lender booked a hefty gain from its acquisition of online bank ING Direct. Across its segments, Capital One

IMF chief says global pro-growth policies needed

Submitted by Fox First at Ten on April 18th

By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - The head of the International Monetary Fund says the United States, Europe, Japan and China all need to make adjustments to their current economic policies in order to boost a still-struggling global economy. IMF Managing Director Christine

Chinese automakers struggle against global rivals

Submitted by Fox First at Ten on April 18th

By JOE McDONALDAP Business Writer SHANGHAI (AP) - These should be good times for Chinese automakers as they prepare to show off their latest models at the Shanghai auto show. Their home market is the world's biggest and growing. But independent automakers such as Chery and Geely are being

Chipmaker TSMC gets tablet, smartphone boost in 1Q

Submitted by Fox First at Ten on April 18th

By ANNIE HUANGAssociated Press TAIPEI, Taiwan (AP) - Taiwan Semiconductor Manufacturing Co., the world's largest contract chip manufacturer, reported an 18 percent jump in first quarter profit as increased global sales of smartphones and tablet computers boosted demand for sophisticated

Provo, Utah, next city for ultra-fast Google Fiber

Submitted by Fox First at Ten on April 17th

By PAUL FOYAssociated Press SALT LAKE CITY (AP) - Google will take over a troubled municipal fiber-optic system and make Provo, Utah, the third city to get its high-speed Internet service via fiber-optic cables, the company announced Wednesday. Google Fiber was rolled out in Kansas City, Mo., last

Provo, Utah, next city for ultra-fast Google Fiber

Submitted by Fox First at Ten on April 17th

Provo, Utah, next city for ultra-fast Google Fiber

Submitted by Fox First at Ten on April 17th

Amazon nears debut of original TV shows

Submitted by Fox First at Ten on April 17th

By RYAN NAKASHIMAAP Business Writer SANTA MONICA, Calif. (AP) - Amazon is letting viewers help choose its new lineup of TV shows, scuttling a secretive, wasteful process once reserved for Hollywood taste-makers. The online retailing giant will let visitors from the U.S, U.K. and Germany watch, rate

Taiwan tech industry faces up to Samsung

Submitted by Fox First at Ten on April 17th

By ANNIE HUANGAssociated Press TAIPEI, Taiwan (AP) - Taiwanese companies have long viewed tech giant Samsung as a major threat and the battle has recently appeared to tilt in favor of the South Korean rival as Taiwan's smartphone, memory chip and display panel makers suffered sagging exports.