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HSBC to pay $1.9B to settle money-laundering case

Submitted by Fox First at Ten on December 11th

By By PETE YOST and PAN PYLASAssociated Press LONDON (AP) - HSBC avoided a legal battle that could further savage its reputation and undermine confidence in the global banking system by agreeing Tuesday to pay $1.9 billion to settle a U.S. money-laundering probe. Europe's largest bank by

Mich. House approves right-to-work limiting unions

Submitted by Fox First at Ten on December 11th

By By JOHN FLESHER and JEFF KAROUBAssociated Press LANSING, Mich. (AP) - The Michigan House approved the first of two right-to-work bills Tuesday that would weaken union power in the historical labor stronghold as hundreds of protesters rallied at the Capitol. The Republican-dominated chamber

Florida executes ex-cop for killing 9 in 1986

Submitted by Fox First at Ten on December 11th

By By TAMARA LUSHAssociated Press STARKE, Fla. (AP) - A former police officer who murdered nine people during a 1986 crime spree was executed Tuesday after his attorneys' last-minute appeals were rejected. Manuel Pardo, 56, was pronounced dead at Florida State Prison at 7:47 p.m., about 16

Trayvon Martin shooter to stay on 24-hour monitor

Submitted by Fox First at Ten on December 11th

By By KYLE HIGHTOWERAssociated Press SANFORD, Fla. (AP) - George Zimmerman must remain under 24-hour GPS monitoring while awaiting trial in the fatal shooting of Florida teenager Trayvon Martin and must stay in the county despite the defense's concerns about his safety, a judge ruled

AP Exclusive: ACLU seeks OAS probe of Padilla case

Submitted by Fox First at Ten on December 11th

By By PETER JAMES SPIELMANNAssociated Press NEW YORK (AP) - A civil liberties group asked the Organization of American States' human rights commission Tuesday to investigate the U.S. government for what it says are violations of the rights of convicted terrorism plotter Jose Padilla. The

Asia stocks gain, unfazed by NKorea rocket launch

Submitted by Fox First at Ten on December 11th

By By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - Asian stock markets rose Wednesday as a German business confidence survey alleviated concerns that Europe's largest economy might fall into recession. Investors brushed off North Korea's latest test launch of a long-range rocket. The

Fed likely to revamp bond purchases to aid economy

Submitted by Fox First at Ten on December 11th

By By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - The Federal Reserve is expected to announce a revamped bond-buying plan Wednesday to maintain its support for the U.S. economy. The Fed's goal would be to keep downward pressure on long-term interest rates and encourage

Philly warehouse fire may have ruined parade props

Submitted by Fox First at Ten on December 11th

By By KATHY MATHESONAssociated Press PHILADELPHIA (AP) - Participants in Philadelphia's annual Mardi Gras-like New Year's Day parade say a huge warehouse fire might have destroyed elaborate props slated for use in a few weeks. Firefighters say explosions were reported at the three-story

Brady throws 4 TD passes, Pats lead Texans 28-7

Submitted by Fox First at Ten on December 11th

By By HOWARD ULMANAP Sports Writer FOXBOROUGH, Mass. (AP) - Tom Brady threw four touchdown passes as the New England Patriots turned their much-hyped game against the Houston Texans into a mismatch, leading 28-7 after the third quarter on Monday night. The Texans (11-1) entered with the NFL

Penn State plans march to counter offensive photo

Submitted by Fox First at Ten on December 11th

STATE COLLEGE, Pa. (AP) - Penn State University students are organizing a multicultural march to counter concerns about racial intolerance after an offensive sorority photo surfaced. The Centre Daily Times reports (http://bit.ly/XLwoXU) a group called PSU For All Student Equality will lead a