Retail | MyFOX Spokane

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

Review: Apple's maps app lets you follow the voice

Submitted by Fox First at Ten on October 5th

By ANICK JESDANUNAP Technology Writer FREMONT, Ind. (AP) - Apple's new maps app came out the day I started a 2,243-mile road trip through four states. As complaints about it trickled in and Apple's CEO apologized, I was left wondering whether people were using the same app I was.

News Summary: Calif. gas prices jump by 20 cents

Submitted by Fox First at Ten on October 5th

By The Associated Press CALIFORNIA CRUNCH: Californians woke up to a shock Friday as overnight gasoline prices jumped by as much as 20 cents a gallon. SUPPLIES DRY UP: In many areas, prices have jumped 40 cents in a week as refinery problems have created shortages and helped send wholesale

Avon Products chairman to step down

Submitted by Fox First at Ten on October 5th

By MAE ANDERSONAP Retail Writer NEW YORK (AP) - Beauty products seller Avon Products said Friday that its chairman and former CEO Andrea Jung will step down at the end of the year, ending her 18-year tenure at the company. Jung will be replaced as chairman by lead director Fred Hassan. Hassan

Recall news

Submitted by Fox First at Ten on October 2nd

By The Associated Press The following recalls have been announced: ____ LED TVs DETAILS: Haier 42-inch LED TVs imported by Haier America Trading L.L.C. of New York, N.Y., and sold at Fry's Electronics and other retail stores nationwide and online at Amazon.com and other online retailers

LOOKING FOR WORK? Wal-Mart, Toys R Us, Macy’s Boosting Staff For Holidays

Submitted by Fox First at Ten on October 2nd

NBCNEWS.COM - The best that can be said about the 2012 holiday shopping season is that it will be about average, according to the latest forecast from the National Retail Federation (NRF), a retail trade group. The NRF predicts that holiday sales this year will increase 4.1 percent to $586.

Dynegy emerges from Chap. 11 bankruptcy protection

Submitted by Fox First at Ten on October 2nd

HOUSTON (AP) - The electric power producer Dynegy Inc. has emerged from Chapter 11 bankruptcy protection. The Houston company, which generates and sells electricity in wholesale power markets, said late Monday that its reorganization allowed it to eliminate more than $4 billion in debt. Its new

10 Things to Know for Today

Submitted by Fox First at Ten on October 2nd

By The Associated Press Your daily look at late-breaking news, upcoming events and the stories that will be talked about today (times in EDT): 1. SYRIA CIVIL WAR LOOMS OVER GENERAL ASSEMBLY Over seven days of U.N. speeches, Syria was discussed by countries from Albania to Zambia. 2. WHERE

Report wants EU banks to ring-fence risky business

Submitted by Fox First at Ten on October 2nd

By SARAH DiLORENZOAP Business Writer BRUSSELS (AP) - Europe's fragile banking system should be protected by building a firewall between a lender's retail operations and its more risky trading activities and forcing executives to take losses when their banks fail, according to an expert

Holiday sales seen rising 4.1 percent in 2012

Submitted by Fox First at Ten on October 2nd

By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - Americans are expected to spend more during what's traditionally the busiest shopping season of the year, but they're not exactly ready to shop 'til they drop like they have been in the past two years. The National Retail