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Judge: Peregrine CEO should be released from jail

Submitted by Fox First at Ten on September 13th

By RYAN J. FOLEYAssociated Press IOWA CITY, Iowa (AP) - A disgraced Iowa businessman should be released from jail while he awaits sentencing for a "reprehensible" 20-year fraud scheme that bilked customers out of millions of dollars, a judge ruled Thursday. U.S. Magistrate Judge Jon Scoles

Fed's moves to aid economy since financial crisis

Submitted by Fox First at Ten on September 13th

By The Associated Press WASHINGTON (AP) - The Federal Reserve has taken many unprecedented steps in the past four years to try to boost the U.S. economy and counter the effects of a financial crisis that triggered a painful recession. It has kept the short-term interest rate it controls at a

Key facts after fallout from prophet film

Submitted by Fox First at Ten on September 13th

By The Associated Press Anti-American protests have erupted in the Middle East over a crudely made film mocking the prophet Muhammad, resulting in violent embassy protests around the Middle East, fallout in the U.S. presidential campaign and heightened security at U.S. facilities abroad.

NJ supermarket 911 caller: 'I don't want to die'

Submitted by Fox First at Ten on September 13th

By KATIE ZEZIMAAssociated Press NEWARK, N.J. (AP) - Employees at a New Jersey supermarket hid in storage spaces, snuck out through back exits and ran through parking lots as they begged 911 dispatchers to hurry and send help when a co-worker started shooting at them. "I don't want to die,

Italian government sells 1.7 percent stake in Eni

Submitted by Fox First at Ten on September 13th

MILAN (AP) - The Italian government finance company says it has sold a 1.7 percent stake in the Eni gas and oil company for €1.096 billion ($1.4 billion) over recent weeks. The Cassa Depositit e Prestiti SpA said Thursday that it sold the shares to help finance its purchase of a nearly 30 percent

Judge: Mom convicted in Iowa slaying must see kids

Submitted by Fox First at Ten on September 13th

By RYAN J. FOLEYAssociated Press IOWA CITY, Iowa (AP) - A mother serving life in prison for murder must be allowed to see her children, who were in the rural Iowa home during the execution-style killing of their neighbor, a judge decided in a ruling that outraged the prosecutor in the case.

German president signs permanent bailout fund

Submitted by Fox First at Ten on September 13th

BERLIN (AP) - Germany's president signed off Thursday on the eurozone's permanent €500 billion ($645.5 billion) rescue fund and Europe's budget-discipline pact, bringing the continent's financial firewall a step closer to completion. President Joachim Gauck signed the legislation a

Exhibit: Ordinary stuff used for extraordinary

Submitted by Fox First at Ten on September 13th

By BRUCE SCHREINERAssociated Press LOUISVILLE, Ky. (AP) - At first glance, a new museum exhibit in Kentucky seems to be an assortment of ordinary stuff: a hammer, shoes, scientific instruments. On closer inspection, these unassuming items achieved the extraordinary. The collection at Western

USA Today unveils page-turning digital revamp

Submitted by Fox First at Ten on September 13th

By RYAN NAKASHIMAAP Business Writer USA Today, the nation's second-largest newspaper, is unveiling an overhaul of its printed and digital editions for the second time in less than two years. USA Today's print version will introduce a redesign on Friday. It changes the logo for the first

Text of the Federal Reserve's statement Thursday

Submitted by Fox First at Ten on September 13th

WASHINGTON (AP) - Below is the statement the Fed released Thursday after its policy meeting: Information received since the Federal Open Market Committee met in August suggests that economic activity has continued to expand at a moderate pace in recent months. Growth in employment has been slow,