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As pot goes proper, a history of weed

Submitted by Fox First at Ten on December 6th

By By GENE JOHNSONAssociated Press SEATTLE (AP) - The grass is no greener. But, finally, it's legal - at least somewhere in America. It's been a long, strange trip for marijuana. Washington state and Colorado voted to legalize and regulate its recreational use last month. But before

French luxury group PPR to sell US retail brand

Submitted by Fox First at Ten on December 6th

PARIS (AP) - French retailer PPR is selling its American plus-size clothing business to two private equity firms. The company behind Gucci has been jettisoning its retail businesses in recent months and doubling down on its luxury brands, which have remained resilient despite slowing global growth

ECB could be done helping eurozone economy

Submitted by Fox First at Ten on December 6th

By By DAVID McHUGHAP Business Writer FRANKFURT, Germany (AP) - The European Central Bank is unlikely to offer any further help for Europe's sagging economy Thursday after already lowering interest rates to record lows and calming the region's debt crisis with its plan to buy the bonds

Celebrations planned as Wash. legalizes marijuana

Submitted by Fox First at Ten on December 5th

By By GENE JOHNSONAssociated Press SEATTLE (AP) - Legal marijuana possession becomes a reality under Washington state law on Thursday, and some people planned to celebrate the new law by breaking it. Voters in Washington and Colorado last month made those the first states to decriminalize and

Business Highlights

Submitted by Fox First at Ten on December 5th

By By The Associated Press ___ Citigroup to cut 11,000 jobs, a familiar story NEW YORK (AP) - Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's workforce. Most of them, about 6,200 jobs, will come

News Summary: US service firms grew at faster pace

Submitted by Fox First at Ten on December 5th

By By The Associated Press SLIGHT ACCELERATION: U.S. service companies grew at a slightly faster pace in November because sales and new orders rose, a good sign for the economy. The Institute for Supply Management said its index of non-manufacturing activity rose to 54.7 from 54.2 in October.

News Summary: Sandy slows US hiring in November

Submitted by Fox First at Ten on December 5th

By By The Associated Press BUSINESS HIRING SLOWS: U.S. businesses added fewer workers in November, mostly because Superstorm Sandy shut down factories, retail stores, and other companies. Payroll processor ADP said Wednesday that employers added 118,000 jobs last month, down from 157,000 in

Soybeans rise on hopes for better export demand

Submitted by Fox First at Ten on December 5th

By By SANDY SHOREAP Business Writer The price of soybeans rose Wednesday on expectations that U.S. exports could strengthen after unfavorable weather affected the planting seasons in Argentina and Brazil. January soybeans rose 23.75 cents to finish at $14.7925 per bushel. Farmers have been

Olive Garden owner to hold off on worker changes

Submitted by Fox First at Ten on December 5th

By By CANDICE CHOIAP Food Industry Writer NEW YORK (AP) - The owner of Olive Garden and Red Lobster says it won't bump any full-time workers down to part-time status, after its tests aimed at limiting health care costs resulted in a publicity backlash that took a bite out of sales. At the

Looking For The Perfect Christmas Ornament? Shop Local At Merck Family's Old World Christmas For A Huge Selection

Submitted by Fox First at Ten on December 5th

SPOKANE, Wash. - If you like holiday tradition and beautiful hand-crafted ornaments then you'll love Merck Family's Old World Christmas. Since 1979, all of the mouth-blown molten glass ornaments are designed here in Spokane, made overseas, then distributed all over the world. The Merck