Money | MyFOX Spokane

How Obama victory could affect areas of US economy

Submitted by Fox First at Ten on November 7th

By The Associated Press Upper-income Americans may face a tax increase. Auto fuel economy standards might be raised. Stocks of construction and engineering companies could benefit. America's decision to re-elect President Barack Obama over Mitt Romney will affect all that and other elements

Where Obama stands on the issues

Submitted by Fox First at Ten on November 7th

By CALVIN WOODWARDAssociated Press WASHINGTON (AP) - A look at where President Barack Obama stands on some of the issues that the country will face in his second term. Abortion and birth control: Supports access to abortion. Health care law requires contraceptives to be available for free for

What earnings reports have revealed about ads

Submitted by Fox First at Ten on November 7th

By The Associated Press Companies that sell advertising have begun releasing their earnings reports for the latest quarter. Here are highlights of recent quarterly earnings reports from selected Internet and media companies and what they say about the state of spending on advertising. - Oct. 15

Sprint buying some US Cellular markets for $480M

Submitted by Fox First at Ten on November 7th

By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Sprint Nextel Corp. on Wednesday said it has agreed to buy U.S. Cellular Corp.'s service areas in the Midwest for $480 million to boost its network capacity in that region. Sprint, the third-largest U.S. cellphone carrier, is buying

Time Warner 3Q earnings up on cable TV strength

Submitted by Fox First at Ten on November 7th

By ANICK JESDANUNAssociated Press NEW YORK (AP) - Time Warner said Wednesday that its third-quarter earnings grew 2 percent, as a strong performance in its cable television channels offset declines in the Warner Bros. movie business following the final Harry Potter movie last summer. Net income

EU: Eurozone recession to be worse, rebound slower

Submitted by Fox First at Ten on November 7th

By SARAH DiLORENZOAP Business Writer BRUSSELS (AP) - Europe's economy is still reeling and unemployment could remain high for years despite the progress made in solving the debt crisis, the European Union warned Wednesday, as it downgraded next year's forecasts for the 27-country bloc.

EU: Eurozone recession to be worse, rebound slower

Submitted by Fox First at Ten on November 7th

WellPoint 3Q profit up, stock down after election

Submitted by Fox First at Ten on November 7th

By TOM MURPHYAP Business Writer INDIANAPOLIS (AP) - WellPoint Inc.'s third-quarter earnings trumped Wall Street expectations but the health insurer's stock sank Wednesday, a day after President Barack Obama's re-election helped secure the future of his health care overhaul. The

Greece narrowly passes crucial austerity bill

Submitted by Fox First at Ten on November 7th

By DEREK GATOPOULOS and ELENA BECATOROSAssociated Press ATHENS, Greece (AP) - Greece's Parliament passed a crucial austerity bill early Thursday in vote so close that it left the coalition government reeling from dissent. The bill, which will further slash pensions and salaries, passed 153-

Greece narrowly passes crucial austerity bill

Submitted by Fox First at Ten on November 7th