Money | MyFOX Spokane

Some incumbents get scant help from national party

Submitted by Fox First at Ten on October 25th

By KEVIN FREKINGAssociated Press GAITHERSBURG, Md. (AP) - Thanks for your service, and good luck. That's what the national parties are saying to congressional veterans like Roscoe Bartlett, the Maryland Republican whose district was redrawn by Democrats to include liberal-leaning

Some incumbents get scant help from national party

Submitted by Fox First at Ten on October 25th

UK government leases out historic Admiralty Arch

Submitted by Fox First at Ten on October 25th

By CASSANDRA VINOGRADAssociated Press LONDON (AP) - A London landmark that is a ceremonial passageway from Trafalgar Square toward Buckingham Palace will be converted from office space into a luxury hotel, Britain's government said Thursday. The Admiralty Arch was leased for 99 years to

Networks, AP changing exit poll strategy

Submitted by Fox First at Ten on October 25th

By DAVID BAUDERAP Television Writer NEW YORK (AP) - A growth in early voting and tough economy for the media are forcing changes to the exit poll system that television networks and The Associated Press depend upon to deliver the story on Election Night, all with the pressure-filled backdrop of

US rate on 30-year mortgage rises to 3.41 pct.

Submitted by Fox First at Ten on October 25th

By MARCY GORDONAP Business Writer WASHINGTON (AP) - Average U.S. mortgage rates rose only slightly this week and continued to hover near record lows, a trend that has helped boost home sales and refinancing. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year fixed mortgage

McKesson will buy PSS World Medical for $1.46B

Submitted by Fox First at Ten on October 25th

NEW YORK (AP) - Prescription drug distributor McKesson Corp. is expanding its medical supplies business by buying PSS World Medical Inc. for about $1.46 billion. McKesson said Thursday it will pay $29 per share for PSS World, a 34.3 percent premium over Wednesday's closing price. PSS World

United Airlines troubles mostly wipe out 3Q profit

Submitted by Fox First at Ten on October 25th

By JOSHUA FREEDAP Airlines Writer It was a rough third quarter for United Airlines. Travelers stayed away, frustrated by technology glitches from United's merger with Continental. And a huge accounting charge wiped out most of its profit. United's performance weakened by every measure

Sprint loses subscribers again in 3Q

Submitted by Fox First at Ten on October 25th

By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Subscriber trends are turning south again for Sprint Nextel as it struggles to compete with Verizon Wireless, the juggernaut of the industry. The country's No. 3 wireless carrier on Thursday said it lost overall subscribers for the first

Aetna's 3Q profit climbs 2 pct, tops forecasts

Submitted by Fox First at Ten on October 25th

By TOM MURPHYAP Business Writer Aetna Inc.'s third-quarter earnings rose 2 percent as lower-than-expected health care use and revenue gains helped the insurer trump Wall Street expectations. The Hartford, Conn., company recorded a $96 million pretax benefit in the third quarter because

IMF: Bailed-out Portugal needs extra debt effort

Submitted by Fox First at Ten on October 25th

By BARRY HATTONAssociated Press LISBON, Portugal (AP) - Portugal's financial recovery program is entering a risky phase as it struggles to cut its heavy debt load amid a continuing recession, growing unemployment and mounting opposition to austerity measures, the International Monetary Fund