Electric

My Fox Spokane Biz

An agency-by-agency guide to Obama's 2014 budget

An agency-by-agency guide to Obama's 2014 budget
WASHINGTON (AP) - President Barack Obama has proposed a $3.8 trillion budget for fiscal 2014 that aims to slash the deficit by a net $600 billion over 10 years, raise taxes and trim popular benefit programs, including Social Security and Medicare. The White House claims deficit reductions of $1.8

An agency-by-agency guide to Obama's 2014 budget

An agency-by-agency guide to Obama's 2014 budget
WASHINGTON (AP) - President Barack Obama has proposed a $3.8 trillion budget for fiscal 2014 that aims to slash the deficit by a net $600 billion over 10 years, raise taxes and trim popular benefit programs, including Social Security and Medicare. The White House claims deficit reductions of $1.8

Stocks edge higher ahead of earnings season

Stocks edge higher ahead of earnings season
By Steve Rothwell Stocks ended modestly higher Monday, shrugging off an early decline, as investors waited to see whether big U.S. companies would deliver on expectations of strong earnings in 2013. Alcoa became the first major U.S. company to report earnings late Monday, and the results were

Senate confirms White to head SEC

Senate confirms White to head SEC
By MARCY GORDONAP Business Writer WASHINGTON (AP) - The U.S. Senate has confirmed Mary Jo White's nomination as chairman of the Securities and Exchange Commission, making her the first former prosecutor to lead the federal agency that oversees Wall Street. White was approved Monday by a Senate

GE to buy Lufkin Industries for about $3B

GE to buy Lufkin Industries for about $3B
NEW YORK (AP) - General Electric Co. will buy the oilfield equipment maker Lufkin Industries, Inc. for about $3 billion, furthering an effort by GE to grow its oil and gas operations. GE said Monday it would pay Lufkin shareholders $88.50 per share in the all-cash deal, a 38 percent premium over

Thousands Of Dollars Of Potentially Stolen Goods Found Hidden In North Spokane County Garage

Thousands Of Dollars Of Potentially Stolen Goods Found Hidden In North Spokane County Garage
CLAYTON, Wash. - A motorcycle, snowmobile and between 25 and 30 expensive electric guitars were found hidden in a storage unit on Friday. Washington State Police believe the goods to be stolen.  Troopers raided the storage unit off Highway 395 just before noon Friday, but the investigation

Thousands Of Dollars Of Potentially Stolen Goods Found Hidden In North Spokane County Garage

Thousands Of Dollars Of Potentially Stolen Goods Found Hidden In North Spokane County Garage
CLAYTON, Wash. - A motorcycle, snowmobile and between 25 and 30 expensive electric guitars were found hidden in a storage unit on Friday. Washington State Police believe the goods to be stolen.  Troopers raided the storage unit off Highway 395 just before noon Friday, but the investigation

Fisker to cut three-fourths of its work force

Fisker to cut three-fourths of its work force
By TOM KRISHERAP Auto Writer DETROIT (AP) - Troubled electric car maker Fisker Automotive Inc. has laid off about three-fourths of the workers at its California headquarters as it struggles with financial and production problems. The Anaheim, Calif.-based company confirmed the layoffs in a

Worker thrown from Ala. dock where ship torn loose

Worker thrown from Ala. dock where ship torn loose
By MELISSA NELSON-GABRIEL and PHILLIP LUCASAssociated Press MOBILE, Ala. (AP) - Authorities were searching for a shipyard worker who was thrown into the water in strong winds that also tore a troubled Carnival cruise ship away from its mooring at an Alabama port. The man was one of two people in a

Crews corral cruise ship that tore loose in Ala.

Crews corral cruise ship that tore loose in Ala.
By MELISSA NELSON-GABRIEL and PHILLIP LUCASAssociated Press MOBILE, Ala. (AP) - The crippled cruise ship whose sewage-filled breakdown in the Gulf of Mexico subjected thousands to horrendous conditions tore loose Wednesday from the dock where it's being repaired, lumbered downriver and crunched