Retail | MyFOX Spokane

Wal-Mart to accelerate small store growth

Submitted by Fox First at Ten on October 10th

By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - Wal-Mart Stores Inc. gave investors what they were looking for: a promise that it will keep delivering strong results even as it becomes more disciplined in its spending on new stores. Its stock hit an all-time high Wednesday, extending a

Biden to play 'hardball' in VP debate

Submitted by Fox First at Ten on October 10th

By MATTHEW DALYAssociated Press WASHINGTON (AP) - Four years ago, Joe Biden was careful not to appear overly aggressive in his vice presidential debate with Sarah Palin, then a newcomer to the national stage. Now, as he prepares to debate Paul Ryan, a 14-year House veteran and the top

Dow falls 128, with Chevron and Alcoa leading way

Submitted by Fox First at Ten on October 10th

By MATTHEW CRAFTAP Business Writer NEW YORK (AP) - Downbeat reports from Alcoa and Chevron at the start of corporate earnings season pulled stock indexes lower for a third straight day Wednesday. The Dow Jones industrial average slumped 128 points, its steepest loss since late June. Alcoa, the

Business Highlights

Submitted by Fox First at Ten on October 9th

By The Associated Press ___ Merkel gets a hostile reception in Greece ATHENS, Greece (AP) - German Chancellor Angela Merkel got a hostile reception from many ordinary Greeks Tuesday when she flew into Athens on her first visit to the country since its debt crisis erupted three years ago. But

Wal-Mart tests same-day delivery for holidays

Submitted by Fox First at Ten on October 9th

By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - Wal-Mart is testing a same-day delivery service in select markets for customers who buy popular items online during the holiday shopping season. The move comes as the world's largest retailer faces increasing competition from online

Economic uncertainty hurts business travel

Submitted by Fox First at Ten on October 9th

By SAMANTHA BOMKAMPAP Travel Industry Writer NEW YORK (AP) - U.S. companies are continuing to cut back on employee travel plans amid uncertainty surrounding the health of the economy. Americans are expected to take 438.1 million business trips this year, down 2 percent from last year, the

Health changes spur test of more part-time workers

Submitted by Fox First at Ten on October 9th

By CANDICE CHOI and RICARDO ALONSO-ZALDIVARAssociated Press NEW YORK (AP) - The owner of Olive Garden and Red Lobster restaurants is putting more workers on part-time status in a test aimed at limiting costs from President Barack Obama's health care law. Darden Restaurants Inc. declined to

Please, thank you, sorry: Ryan polite campaigner

Submitted by Fox First at Ten on October 8th

By PHILIP ELLIOTTAssociated Press DUBUQUE, Iowa (AP) - Paul Ryan is sorry you couldn't get into his event here. He feels badly you had to wait for him to arrive at the county fairgrounds in Virginia. He wants to meet you but he promises he won't disrupt business by staying too long at

Calif. gas prices hit all-time high

Submitted by Fox First at Ten on October 6th

By CHRISTOPHER WEBERAssociated Press LOS ANGELES (AP) - It's a record, though just barely. The price of gasoline hit an all-time average high in California of $4.6140 a gallon Saturday, fueled by a reduced supply and a volatile market. The record was set by a fraction of a penny, according

US consumer credit up $18.1 billion in August

Submitted by Fox First at Ten on October 5th

By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - Americans boosted their borrowing in August by the largest amount in three months with strong gains in the category that covers auto and student loans and in credit card debt. Total consumer borrowing increased $18.1 billion in August