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GE 3Q earnings rise; revenue disappoints

Submitted by Fox First at Ten on October 19th

By JONATHAN FAHEYAP Energy Writer NEW YORK (AP) - General Electric Co.'s transformation into a more simple industrial company seems to be helping its bottom line. The top line, though, is lagging slightly. GE's net income rose 49 percent in the third quarter to $3.49 billion, or 33

Gasoline prices _ finally _ begin to slide

Submitted by Fox First at Ten on October 18th

By JONATHAN FAHEYAP Energy Writer NEW YORK (AP) - Gasoline prices have begun their seasonal slide. Better late than never, drivers say. The national average retail price has fallen for ten straight days and is now $3.74 per gallon. It could mark the beginning of the usual autumn decrease that

Morgan Stanley: fiscal cliff daunts businesses

Submitted by Fox First at Ten on October 18th

By CHRISTINA REXRODEAssociated Press NEW YORK (AP) - Morgan Stanley said Thursday that its corporate clients are ready to do business - but they're a little unnerved by the impending fiscal crisis. The bank reported higher revenue and net income for the third quarter after stripping out an

Attorney: Pittsburgh hostage-taker was off meds

Submitted by Fox First at Ten on October 17th

PITTSBURGH (AP) - A defense attorney says his mentally ill client held a Pittsburgh businessman hostage last month because the suspect hadn't taken his medication and heard a crow and other voices telling him to do it. The attorney, Blaine Jones, says 22-year-old Klein Michael Thaxton is back

Bank of America says housing has 'begun to turn'

Submitted by Fox First at Ten on October 17th

By CHRISTINA REXRODEAP Business Writer NEW YORK (AP) - For banks, mortgage-making kept profits humming before the financial crisis, then blackened reputations and stamped out earnings when the crisis hit. Now, the business of mortgage lending is more of a mixed bag. Bank of America, the country

Spokane Man Accused Of Shooting His Girlfriend In The Face Makes Court Appearance

Submitted by Fox First at Ten on October 16th

SPOKANE, Wash. - Joshua Graham, the man accused of shooting his girlfriend in the face appeared in court on Tuesday morning. He entered a not guilty plea on charges of 1st degree assault and 1st degree unlawful possession of a fire arm. His trial is scheduled to being Dec. 10th.

Spokane Man Accused Of Shooting His Girlfriend In The Face Makes Court Appearance

Submitted by Fox First at Ten on October 16th

McNamara's personal effects coming to auction

Submitted by Fox First at Ten on October 16th

By DEEPTI HAJELAAssociated Press NEW YORK (AP) - It's a whole lot of history - in a little paperweight. The silver and wood-framed memento was given by President John F. Kennedy to Secretary of Defense Robert McNamara to mark the October 1962 Cuban missile crisis. Fifty years later, the

Long after death, Confederate spy honored in Ark.

Submitted by Fox First at Ten on October 14th

By JEANNIE NUSSAssociated Press LITTLE ROCK, Ark. (AP) - The story of David O. Dodd is relatively unknown outside of Arkansas, but the teenage spy who chose to hang rather than betray the Confederate cause is a folk hero to many in his home state. Street signs and an elementary school in the

Cuban missile crisis beliefs endure after 50 years

Submitted by Fox First at Ten on October 13th

By PETER ORSIAssociated Press HAVANA (AP) - The world stood at the brink of Armageddon for 13 days in October 1962 when President John F. Kennedy drew a symbolic line in the Atlantic and warned of dire consequences if Soviet Premier Nikita Khrushchev dared to cross it. An American U-2 spy plane