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Business Highlights

Submitted by Fox First at Ten on November 8th

By The Associated Press ___ Dow loses 313 in postelection sell-off Wall Street greeted a second Obama term the way it greeted the first. Investors dumped stocks Wednesday in the sharpest sell-off of the year. With the election only hours behind them, they focused on big problems ahead in

On The Call: Time Warner on 'The Hobbit'

Submitted by Fox First at Ten on November 7th

By The Associated Press During a conference call with analysts, Time Warner Inc. was asked about financing for the first of "The Hobbit" movies, which will debut next month. Chief Financial Officer John K. Martin responded by explaining that much of the money has already been spent, with the

Netflix rises on encouraging report, takeover hope

Submitted by Fox First at Ten on November 7th

By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - Netflix's stock emerged as a bright spot Wednesday during a dreary day on Wall Street. It got a boost from signs that the Internet video service is warding off its competition, while many investors are hoping the company's

Kirstie Alley: I had an affair with Patrick Swayze

Submitted by Fox First at Ten on November 7th

By Robyn Ross, Kirstie Alley isn't one for being shy, but recently revealed something she's been keeping quiet: an affair with Patrick Swayze.

Kirstie Alley: I had an affair with Patrick Swayze

Submitted by Fox First at Ten on November 7th

By Robyn Ross, Kirstie Alley isn't one for being shy, but recently revealed something she's been keeping quiet: an affair with Patrick Swayze.

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

News Summary: Time Warner 3Q earnings beat Street

Submitted by Fox First at Ten on November 7th

By The Associated Press THE NUMBERS: Time Warner Inc.'s third-quarter earnings grew 2 percent. Earnings per share of 86 cents beat expectations of 82 cents. But revenue fell 3 percent and was short of expectations. THE REASONS: Strong performance in its cable television channels offset

What financial reports reveal about movie studios

Submitted by Fox First at Ten on November 7th

By The Associated Press Companies with movie studios have begun releasing their earnings reports for the latest quarter. Here's a look at reports for selected movie industry companies. - Oct. 26: Comcast Corp., which owns Universal Pictures, says revenue from its filmed entertainment

US futures reverse course, fall on European crisis

Submitted by Fox First at Ten on November 7th

NEW YORK (AP) - U.S. stock futures reversed course and declined sharply Wednesday after dire warnings from Europe of a broad recession there is now all but certain. Dow Jones industrial futures slid 120 points to 13,081. The broader S&P futures have given up 12.4 points to 1,412.80. Nasdaq

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