Retail | MyFOX Spokane

Its streets deserted, an uneasy Boston perseveres

Submitted by Fox First at Ten on April 19th

By ALLEN G. BREEDAP National Writer BOSTON (AP) - The Red Sox and the Bruins both scrapped their games. The famous Quincy Market at Faneuil Hall was closed, and there were more pigeons than tourists on City Hall Plaza. Even the Starbucks at Government Center was shuttered. The killing of one

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

Asia stocks up as investors look to G-20 summit

Submitted by Fox First at Ten on April 19th

By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - Asian stock markets posted modest gains Friday, ignoring a raft of disappointing U.S. corporate earnings as officials from the world's biggest economies meet in Washington to search for ways to remedy sluggish global growth. Group of 20

2 more execs leave Penney as Ullman cleans house

Submitted by Fox First at Ten on April 18th

By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - J.C. Penney is cleaning house. The embattled department store chain announced Thursday that two top executives, Chief Operating Officer Michael Kramer and Chief Talent Officer Dan Walker, have left the company. Kramer and Walker were among

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

NM motel where Microsoft began being redeveloped

Submitted by Fox First at Ten on April 18th

By RUSSELL CONTRERASAssociated Press ALBUQUERQUE, N.M. (AP) - A Route 66 motor lodge in Albuquerque where Bill Gates and Paul Allen lived while launching Microsoft Corp. is being redeveloped into apartments as part of a neighborhood revival project. Officials broke ground Thursday on the

Morgan Stanley stakes future on wealth management

Submitted by Fox First at Ten on April 18th

By CHRISTINA REXRODEAP Business Writer NEW YORK (AP) - After getting bludgeoned in the financial crisis, Morgan Stanley is staking its future on the steadier, if less spectacular, business of wealth management. In the first quarter, the strategy looked prudent: Profit and revenue soared in wealth

UK retail sales drop in chilly weather

Submitted by Fox First at Ten on April 18th

LONDON (AP) - Official figures show that retail sales in Britain dropped sharply in March, as chilly weather kept shoppers at home. The Office of National Statistics said Thursday that sales were down 0.7 percent from the previous month, more or less in line with market expectations. Consumers

For Wash. government bean-counter, a pot education

Submitted by Fox First at Ten on April 18th

By GENE JOHNSONAssociated Press SEATTLE (AP) - Mike Steenhout knows spreadsheets, statistics and bean-counting. He has worked as a budget assistant to the governor, managed local operations for the U.S. Census Bureau and analyzed juvenile crime databases. Now, the married, minivan-driving father of