Money | MyFOX Spokane

Local governments try to cut costs via efficiency

Submitted by Fox First at Ten on September 24th

By FRANK ELTMANAssociated Press MINEOLA, N.Y. (AP) - In some places, it's as simple as pulling the plug on thousands of unused telephone lines or installing software that automatically shuts off idle school computers to save on electric bills. Other places are doing such things as merging

US regulator says it's time to change LIBOR system

Submitted by Fox First at Ten on September 24th

By MARCY GORDONAP Business Writer WASHINGTON (AP) - A top U.S. regulator is calling for an overhaul of a key global interest rate, saying consumers need more confidence that the rate is set honestly and transparently. Gary Gensler, chairman of the Commodity Futures Trading Commission, told a

Verizon says iPhone 5 won't be 'relocked'

Submitted by Fox First at Ten on September 24th

By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Verizon Wireless said Monday that it won't prevent its version of the iPhone 5 from being used on AT&T's network. The Verizon version of the iPhone 5, which went on sale Friday, came with an unexpected feature: it works on the

Analysts: Gov't inquiry bodes badly for Questcor

Submitted by Fox First at Ten on September 24th

By TOM MURPHYAP Business Writer A federal government investigation into Questcor Pharmaceuticals Inc. could deal another blow to sales for its only product and main revenue source, H.P. Acthar gel, according to analysts who cover the company. The Anaheim, Calif., drugmaker said Monday the U.S.

Boston.com launches 1st online radio with DJs

Submitted by Fox First at Ten on September 24th

By LINDSEY ANDERSONAssociated Press BOSTON (AP) - A beloved Boston-area independent alternative radio station is getting new life online several times over in partnership with traditional print media, and experts say it could be a model for other stations that can no longer be found on a radio

Conservative fund considers backing Mo. Rep. Akin

Submitted by Fox First at Ten on September 24th

By DAVID A. LIEB and JIM SALTERAssociated Press JEFFERSON CITY, Mo. (AP) - A conservative fundraising group that had shied away from Missouri Rep. Todd Akin is now seriously considering whether to come to the embattled Republican's aid in his challenge to Democratic Sen. Claire McCaskill,

UN agency faces overwhelming Syrian hunger

Submitted by Fox First at Ten on September 24th

By DIAA HADIDAssociated Press UNITED NATIONS (AP) - The number of Syrians needing food aid has shot upward five times in recent months as civil war rages across the country, the director of the United Nation's food program on said Monday. From 250,000 people in April, those facing hunger

Romney Medicare plan: Key details still in flux

Submitted by Fox First at Ten on September 24th

By RICARDO ALONSO-ZALDIVARAssociated Press WASHINGTON (AP) - Medicare is the one health insurance plan that will cover virtually every American at some point in life, and Republican Mitt Romney is proposing the biggest changes since its creation nearly 50 years ago. With important details still

How rising food prices are impacting the world

Submitted by Fox First at Ten on September 24th

By Dan Murphy Our story begins near Prairie City, Iowa, in the fields of Gordon Wassenaar, who has been coaxing food out of some of the world's richest earth for 57 years. Normally, Mr. Wassenaar is able to harvest about 200 bushels of corn per acre from his land -- bin-bursting crops that are

How rising food prices are impacting the world

Submitted by Fox First at Ten on September 24th