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Report: UK military must do more on cost overruns

Submitted by Fox First at Ten on January 10th

By CASSANDRA VINOGRADAssociated Press LONDON (AP) - Britain's defense ministry needs to set more realistic price and delivery forecasts for its largest equipment projects, a watchdog group said Thursday after finding cost overruns in the hundreds of millions of pounds and numerous deadlines

IRS plans January 30th tax season opening for 1040 filers

Submitted by Fox First at Ten on January 8th

A tax tip from IRS.gov WASHINGTON -- Following the January tax law changes made by Congress under the American Taxpayer Relief Act (ATRA), the Internal Revenue Service announced today it plans to open the 2013 filing season and begin processing individual income tax returns on Jan. 30. The IRS

Scrutiny of 787 fire ramps up; Boeing shares fall

Submitted by Fox First at Ten on January 8th

By JOSHUA FREED MINNEAPOLIS (AP) - Federal safety investigators intensified their scrutiny of a Monday fire aboard a Boeing 787 as concerned investors sold shares in the aircraft maker for a second day. Boeing on Tuesday confirmed that the fire aboard a Japan Airlines plane appeared to have started

Bank Of America To Pay $3.6 Billion To Settle Mortgage Claims

Submitted by Fox First at Ten on January 7th

(Reuters) - Bank of America on Monday announced roughly $11.6 billion of settlements with mortgage finance company Fannie Mae and a $1.8 billion sale of collection rights on home loans, in a series of deals meant to help the bank move past its disastrous 2008 purchase of Countrywide

New evidence delays Ohio school shooting trial

Submitted by Fox First at Ten on January 7th

By THOMAS J. SHEERANAssociated Press CHARDON, Ohio (AP) - Because "voluminous" new evidence has emerged, a judge agreed Monday to indefinitely delay the murder trial of an 18-year-old charged in the high school shooting deaths of three students. The nature of the evidence wasn't disclosed as

Berlin airport delayed again, sparks embarrassment

Submitted by Fox First at Ten on January 7th

By JUERGEN BAETZAssociated Press BERLIN (AP) - For a country that prides itself on efficiency and punctuality, the saga of Berlin's new airport, whose opening was delayed for a fourth time on Monday, has become something of a national joke and source of embarrassment for Germany. The mayor of

Hearings, trial closed in Indian rape case

Submitted by Fox First at Ten on January 7th

By ASHOK SHARMAAssociated Press NEW DELHI (AP) - An Indian magistrate ruled Monday that the media will not be allowed to attend pre-trial hearings or the trial of the five men accused of raping and killing a young student in the Indian capital, a police official said. Magistrate Namrita Aggarwal

Analysts predicting slow start for 'ultra-HD' TVs

Submitted by Fox First at Ten on January 7th

By RYAN NAKASHIMAAP Business Writer LAS VEGAS (AP) - "Ultra-HD" TVs are set to be the talk of International CES, the gadget show kicking off this week in Las Vegas. But the televisions aren't likely to account for much of the market even four years down the road. That is the conclusion of

Ravens top Colts 24-9 in AFC wild card

Submitted by Fox First at Ten on January 6th

By BARRY WILNERAP Pro Football Writer BALTIMORE (AP) - The Baltimore Ravens wanted one long final ride for Ray Lewis. They also wanted Denver. They got it. Having disposed of Andrew Luck and the Indianapolis Colts, they now face a far more imposing challenge - Peyton Manning and the streaking

UPDATE: One Man Killed In Collision Near Airport

Submitted by Fox First at Ten on January 6th

Spokane Police Department Press Release: At about 4:02 pm this afternoon (Saturday 1/5/12) Spokane International Airport Police and Spokane Police Department Officers responded to a two vehicle collision at the intersection of outbound West Airport Drive and South Spotted Road. The driver of