Recovery | MyFOX Spokane

Stocks recover slightly, ending tough week

Submitted by Fox First at Ten on April 19th

By MATTHEW CRAFTAP Business Writer NEW YORK (AP) - Strong earnings from a pair of technology giants helped the stock market recover some of its losses Friday, a positive end to Wall Street's worst week in five months. Microsoft and Google both beat earnings expectations, yields of government

Poll: Public pessimism on economy is increasing

Submitted by Fox First at Ten on April 19th

By TOM RAUM and JENNIFER AGIESTAAssociated Press WASHINGTON (AP) - For the third year in a row, the nation's economic recovery has hit a springtime soft spot. Reflecting that weakness, only 1 in 4 Americans now expects his or her own financial situation to improve over the next year, a new

Poll: Public pessimism on economy is increasing

Submitted by Fox First at Ten on April 19th

Japan PM lays out next steps in growth revival

Submitted by Fox First at Ten on April 19th

By ELAINE KURTENBACHAP Business Writer TOKYO (AP) - Prime Minister Shinzo Abe outlined the next steps of his grand plan for restoring Japan's economic power in a news conference Friday, naming a slew of initiatives he said would help awaken the country's "sleeping opportunities." Japan'

World finance officials seek ways to boost growth

Submitted by Fox First at Ten on April 19th

By MARTIN CRUTSINGER and HARRY DUNPHYAssociated Press WASHINGTON (AP) - World finance leaders are searching for ways to promote better economic growth and stronger job creation while avoiding a dangerous slide into a global currency war. Finance ministers from the Group of 20 nations were expected

G-20 countries pledge stronger efforts

Submitted by Fox First at Ten on April 19th

By MARTIN CRUTSINGER and CHRISTOPHER S. RUGABERAP Economic Writer WASHINGTON (AP) - World finance leaders are pledging to pursue further actions to bolster a disappointingly weak global recovery. They also reaffirmed their commitment to avoid using their currencies as an economic weapon to gain

Report: Blackstone drops out of race to buy Dell

Submitted by Fox First at Ten on April 19th

NEW YORK (AP) - Buyout specialist Blackstone Group has abruptly ended its courtship of Dell Inc. less than a month after saying it intended to trump a deal with the slumping computer maker's CEO, according to a report published late Thursday. The Wall Street Journal said that the Blackstone

Report: Blackstone drops out of race to buy Dell

Submitted by Fox First at Ten on April 19th

Capital One 1Q profit drops 25 pct; sales up

Submitted by Fox First at Ten on April 18th

By ALEX VEIGAAP Business Writer LOS ANGELES (AP) - Capital One Financial Corp. said Thursday that its first-quarter net income tumbled 25 percent from the same period last year, when the lender booked a hefty gain from its acquisition of online bank ING Direct. Across its segments, Capital One

IMF chief says global pro-growth policies needed

Submitted by Fox First at Ten on April 18th

By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - The head of the International Monetary Fund says the United States, Europe, Japan and China all need to make adjustments to their current economic policies in order to boost a still-struggling global economy. IMF Managing Director Christine