Retail | MyFOX Spokane

Report: Apple exec refused to apologize for Maps

Submitted by Fox First at Ten on October 30th

NEW YORK (AP) - The head of Apple's iPhone software development was asked to resign after he refused to sign a letter apologizing for the flaws of Apple's mapping application, according to a published report. The Wall Street Journal says Scott Forstall's refusal was the latest clash

Biographical details on Apple's John Browett

Submitted by Fox First at Ten on October 29th

By The Associated Press Apple Inc. announced a reorganization of its top ranks on Monday that includes the departure of two executives. Below are some biographical details on one of them, John Browett, who's headed Apple's retail business. NAME: John Browett TITLE AT APPLE: Senior vice

2 top executives leaving Apple

Submitted by Fox First at Ten on October 29th

By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Apple Inc. shook up its executive ranks Monday, saying the head of its store operations is leaving after just six months on the job and the long-serving head of its iPhone software development operations is exiting next year. Apple didn'

Sandy unlikely to damage US economy, analysts say

Submitted by Fox First at Ten on October 29th

By CHRISTOPHER S. RUGABER and MARTIN CRUTSINGERAP Economics Writers WASHINGTON (AP) - Airlines have canceled thousands of flights, stranding travelers around the globe. Insurers are bracing for possible damages of $5 billion. Retailers face shrunken sales. Hurricane Sandy took dead aim at New

Protest party does well in Sicily election

Submitted by Fox First at Ten on October 29th

ROME (AP) - A protest party candidate made a strong showing in Sicilian elections seen as a test before Italy-wide elections in the spring to replace the technical government of Premier Mario Monti. The vote was also marked by sharply lower turnout. With more than 50 percent of the vote counted

Sandy unlikely to damage US economy, analysts say

Submitted by Fox First at Ten on October 29th

By CHRISTOPHER S. RUGABER and MARTIN CRUTSINGERAP Economics Writers WASHINGTON (AP) - Airlines canceled thousands of flights and stranded travelers. Insurers braced for damages of up to $5 billion. Retailers expected shrunken sales. Hurricane Sandy is causing disruptions for companies,

UPS sees delivery of 527 million holiday packages

Submitted by Fox First at Ten on October 29th

NEW YORK (AP) - UPS expects to deliver 527 million packages between Thanksgiving and Christmas this year, surpassing last year's record high by 10 percent. The world's largest package delivery company estimates 28 million of those will be delivered on Thursday, Dec. 20 - projected to be the

Italy pays lower rate in short-term bond sale

Submitted by Fox First at Ten on October 29th

ROME (AP) - Italy saw its borrowing rate drop in an auction of six-month bonds in which it easily raised €8 billion ($10.3 billion). The government paid an interest rate of 1.347 percent in the sale Monday, down from 1.503 percent last month. The demand was a healthy 1.52 percent times the amount

No high court action on voting rights law

Submitted by Fox First at Ten on October 29th

By JAY REEVES and MARK SHERMANAssociated Press WASHINGTON (AP) - Three years ago, the Supreme Court warned there could be constitutional problems with a landmark civil rights law that has opened voting booths to millions of African-Americans. Now, opponents of a key part of the Voting Rights

Layoffs, perks, labor costs trap French govt

Submitted by Fox First at Ten on October 29th

By LORI HINNANTAssociated Press PARIS (AP) - The 35-hour work week? Untouchable. The social safety net? Untrimmable. So how on earth can France's Socialist government keep its promise to make this country, and Europe, more competitive in the global marketplace? Slowly and carefully,