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Tesla Model S gets Consumer Reports' top score

Submitted by Fox First at Ten on May 9th

By TOM KRISHERAP Auto Writer DETROIT (AP) - The Tesla Motors Inc. Model S electric car has tied an older Lexus for the highest score ever recorded in Consumer Reports magazine's automotive testing. The Model S, which starts at $62,400 after a federal tax credit, scored 99 points on a scale of

China's struggling automakers jump on SUV boom

Submitted by Fox First at Ten on May 7th

By JOE McDONALDAP Business Writer SHANGHAI (AP) - BYD is known for electric cars but this year's flagship model is the S7, a gasoline-powered SUV. It comes with an air purifier, radar to help with backing and digital TV. An onboard hard drive can hold 1,000 films. This is China's Year of

China's struggling automakers jump on SUV boom

Submitted by Fox First at Ten on May 7th

Wal-Mart Stores takes back top spot in Fortune 500

Submitted by Fox First at Ten on May 6th

NEW YORK (AP) - Wal-Mart Stores Inc. once again leads Fortune's list of the 500 biggest U.S. companies by revenue, as the world's largest retailer succeeded in posting strong growth despite a challenging economy for its shoppers. The Bentonville, Ark., company's revenue grew nearly 6

Solar plane lands in Ariz., 1st leg of major trip

Submitted by Fox First at Ten on May 4th

By BOB SEAVEY and SUSAN MONTOYA BRYANAssociated Press PHOENIX (AP) - Alone in the single-seat cockpit and high above the American Southwest, pilot Bertrand Piccard could hear only his plane's gear box and the quiet whine of four electric motors. No noisy jet engines. He's flying Solar

Solar plane lands in Ariz., 1st leg of major trip

Submitted by Fox First at Ten on May 4th

Berkshire Hathaway's earnings jump 51 percent

Submitted by Fox First at Ten on May 3rd

By JOSH FUNKAP Business Writer OMAHA, Neb. (AP) - Berkshire Hathaway's first-quarter profit jumped 51 percent as its insurance companies performed well and the value of its investments soared. Warren Buffett's firm said Friday it earned $4.89 billion, or $2,977 per Class A share. That's

App lets amputees program their own bionic hands

Submitted by Fox First at Ten on May 3rd

By KATHY MATHESONAssociated Press PHILADELPHIA (AP) - Double-amputee Jason Koger used to fly hundreds of miles to visit a clinician when he wanted to adjust the grips on his bionic hands. Now, he's got an app. Koger came to Philadelphia this week to demonstrate the i-limb ultra revolution, a

Stocks surge to new highs after hiring climbs

Submitted by Fox First at Ten on May 3rd

By BERNARD CONDONAP Business Writer NEW YORK (AP) - Stocks surged to all-time highs Friday when a surprisingly good jobs report finally gave investors a clear sign of U.S. economic strength after weeks of conflicting signals. The market jumped from the opening, traders donned party hats, and a wave

Tough auto market dents BMW earns, sales in Q1

Submitted by Fox First at Ten on May 2nd

By DAVID McHUGHAP Business Writer FRANKFURT, Germany (AP) - Tough auto markets worldwide - including a deep slump in Europe - and investment in new technology dented first-quarter earnings at German automaker BMW AG. BMW's net profit fell 3 percent to 1.312 billion euros ($1.73 billion) as