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University of Phoenix closing 115 locations

Submitted by Fox First at Ten on October 16th

By ALEX VEIGAAP Business Writer Apollo Group Inc. said Tuesday that its fiscal fourth-quarter net income tumbled 60 percent, hurt by higher costs and declining enrollment at the University of Phoenix. To cope, the for-profit education company plans to close 115 of the university's mostly

Hikers' skills aided survival in Montana wilds

Submitted by Fox First at Ten on October 16th

HAGERSTOWN, Md. (AP) - Rangers in Montana's Glacier National Park say two hikers from the East Coast who were safely rescued after being stranded there for days in bad weather were well-prepared for harsh, wintry conditions. Chief Ranger Mark Foust said in an email Tuesday that Jason Hiser of

Social Security benefits get a 1.7 percent bump

Submitted by Fox First at Ten on October 16th

By STEPHEN OHLEMACHERAssociated Press WASHINGTON (AP) - More than 56 million Americans on Social Security will get raises averaging $19 a month come January, one of the smallest hikes since automatic adjustments for inflation were adopted in 1975, the government announced Tuesday. Much of the 1

Citigroup picks veteran to replace Pandit as CEO

Submitted by Fox First at Ten on October 16th

By MATTHEW CRAFTAP Business Writer NEW YORK (AP) - In picking Michael Corbat to take over as CEO of Citigroup, the board of directors chose a low-profile veteran of the bank - a sharp contrast to Vikram Pandit, his suddenly departed predecessor. Corbat, 52, has spent his entire career at

DEVELOPING STORY: Detectives In Grant County Need Help Identifying Body

Submitted by Fox First at Ten on October 16th

UPDATE: Near MATTAWA, Wash. - Grant County Detectives investigating an apparent homicide near Mattawa are asking the public for help with the case. Around 10:15 a.m. yesterday, a hunter found a dead body near the 22000 block of Road 26 Southwest. Detectives found the body of an adult, gender yet

DEVELOPING STORY: Detectives In Grant County Need Help Identifying Body

Submitted by Fox First at Ten on October 16th

IBM's 3Q earnings flat, revenue slides 5 percent

Submitted by Fox First at Ten on October 16th

By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - IBM's revenue slipped below Wall Street's expectations in the third quarter as the technology company dealt with jittery customers and a weakening euro that undercut its results. Despite the problems posed by the wobbly economy

Coca-Cola to launch 'beauty drinks' in France

Submitted by Fox First at Ten on October 16th

NEW YORK (AP) - The Coca-Cola Co. and Sanofi are partnering to launch a line of "beauty drinks" in France. The drinks will be positioned under the Oenobiol Beautific brand, but Coca-Cola declined to provide further details. The Coca-Cola business unit in France said in a statement that the drinks

Target to match some rivals' online prices

Submitted by Fox First at Ten on October 16th

By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - In the latest effort to beat Amazon.com at its game, Target says that for the first time it will match prices that customers find on identical products at select online competitors this holiday season. Target Corp.'s CEO Gregg

News Summary: Johnny Depp starting book imprint

Submitted by Fox First at Ten on October 16th

By The Associated Press LITERARY ACTOR: Johnny Depp will help run a HarperCollins Publishers book imprint with the same name as his production company, Infinitum Nihil, meaning "Nothing is forever." WRITING ABOUT MUSICIANS: Set for release in 2015 is "The Unraveled Tales of Bob Dylan." It will