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My Fox Spokane Biz

Buffett's firm says 3Q profit jumps 72 percent

Buffett's firm says 3Q profit jumps 72 percent
By JOSH FUNKAP Business Writer OMAHA, Neb. (AP) - Warren Buffett's company said Friday its third-quarter profit soared 72 percent because the value of its investments and derivative contracts improved significantly. But Buffett has said he believes Berkshire's operating earnings, which

Stocks slip, erasing an early gain; insurers sink

Stocks slip, erasing an early gain; insurers sink
By The Associated Press Stocks are drifting lower on Wall Street in midday trading, giving up an early gain driven by a strong jobs report. Insurers plunged as traders considered the potential costs of Superstorm Sandy. Shortly before noon, the Dow Jones industrial average was down 40 points at

Fiscal cliff looms, but keep eye on long-term

Fiscal cliff looms, but keep eye on long-term
By MARK JEWELLAP Personal Finance Writer BOSTON (AP) - A frightful scenario could play out in a couple months unless a lame-duck Congress and the White House are able to resolve their differences on taxes and spending. If they don't, Bush-era tax cuts will expire Jan. 1, and automatic

Suspect in Va. home bombings captured in Montana

Suspect in Va. home bombings captured in Montana
By MATT VOLZAssociated Press HELENA, Mont. (AP) - A man wanted on charges of detonating pipe bombs in Virginia led police on a chase across the Montana plains Thursday during which he threw several bombs at his pursuers before he was captured, authorities said. The chase began after a trooper

Potential for Sandy scams prompts warnings

Potential for Sandy scams prompts warnings
By DAVE CARPENTERAP Personal Finance Writer No sooner than the floodwaters had receded and high winds from Superstorm Sandy faded, another threat is arising with the inevitable appearance of the scammer and the con man. Authorities warn of the likelihood of Sandy-related fraud reaching far

Potential for Sandy scams prompts warnings

Potential for Sandy scams prompts warnings
By DAVE CARPENTERAP Personal Finance Writer No sooner had floodwaters receded and high winds from Superstorm Sandy faded, but another threat arose with the inevitable appearance of the scammer and the con man. Authorities warn of the likelihood of Sandy-related fraud reaching far beyond the

Romney & Obama: I'm the real candidate of change

Romney & Obama: I'm the real candidate of change
By DAVID ESPO and KASIE HUNTAssociated Press DOSWELL, Va. (AP) - Five days before the election, Republican challenger Mitt Romney and President Barack Obama vied forcefully for the mantle of change Thursday in a country thirsting for it after a painful recession and uneven recovery, pressing

Romney & Obama: I'm the real candidate of change

Romney & Obama: I'm the real candidate of change
By DAVID ESPO and KASIE HUNTAssociated Press DOSWELL, Va. (AP) - Five days before the election, Republican challenger Mitt Romney and President Barack Obama vied forcefully for the mantle of change Thursday in a country thirsting for it after a painful recession and uneven recovery, pressing

Storm spins death and 'a lot of tears' along path

Storm spins death and 'a lot of tears' along path
By CHRISTOPHER SULLIVANAssociated Press Death blew in on the superstorm's wild winds and sea water torrents, claiming 90-year-olds and children with capriciously toppling trees, taking tall-ship adventurers in mountainous Atlantic waves and average folks just trying to deal with a freakish

Authorities seek suspect in Virginia home bombings

Authorities seek suspect in Virginia home bombings
STAFFORD, Va. (AP) - A man accused of indecent exposure over the summer is wanted on charges of detonating pipe bombs at the homes of two investigators in the case and his ex-girlfriend this week, authorities said Wednesday. The Stafford County Sheriff's Office said at a news conference that