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FedEx says it can grow by cutting costs

Submitted by Fox First at Ten on December 19th

By SAMANTHA BOMKAMPAP Business Writer NEW YORK (AP) - FedEx may be pessimistic about the U.S. economy, but it's confident about growing its earnings. The world's second-largest package delivery company, a bellwether for economic health because of the vast number and kinds of shipments it

FedEx says it can grow by cutting costs

Submitted by Fox First at Ten on December 19th

US budget remains key driver in markets

Submitted by Fox First at Ten on December 19th

By PAN PYLASAP Business Writer LONDON (AP) - Optimism over the prospects of a U.S. budget deal between the White House and Congress supported markets Wednesday and contributed to the euro's first foray above $1.33 in eight months. For weeks, the budget discussions have overtaken Europe's

Instagram says users' photos won't appear in ads

Submitted by Fox First at Ten on December 18th

By BARBARA ORTUTAYAP Technology Writer SAN FRANCISCO (AP) - Instagram, the popular mobile photo-sharing service now owned by Facebook, said Tuesday that it will remove language from its new terms of service suggesting that users' photos could appear in advertisements. The language in question

Gold falls as US budget talks continue

Submitted by Fox First at Ten on December 18th

By SANDY SHOREAP Business Writer The price of gold fell Tuesday on expectations that lawmakers are closer to a budget agreement. Gold for February delivery fell $27.50 to finish at $1,670.70 an ounce. With two weeks left to resolve their differences, President Barack Obama and House Speaker John

Oracle 2Q earnings rise 18 pct to top Street view

Submitted by Fox First at Ten on December 18th

By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - Snapping out of a summertime lull, Oracle's latest quarter demonstrated that companies have been splurging on software and other technology as the year comes to a close, despite uncertainty about the economy's prospects. The

Benghazi review finds systematic security faults

Submitted by Fox First at Ten on December 18th

By MATTHEW LEEAssociated Press WASHINGTON (AP) - An independent panel charged with investigating the deadly Sept. 11 attack in Libya that killed a U.S. ambassador and three other Americans has concluded that systematic management and leadership failures at the State Department led to "grossly"

Benghazi review finds systematic security faults

Submitted by Fox First at Ten on December 18th

Winter storm moves through Rocky Mountains

Submitted by Fox First at Ten on December 18th

By BRADY McCOMBSAssociated Press SALT LAKE CITY (AP) - A winter snow storm moved through the Rocky Mountain region Tuesday as many people prepared for the start of their holiday travels. The storm could cause travel delays on major highways such as Interstate 40 in Arizona, Interstate 15 in Utah,

Prosecutors: Fla. man planned NY terror bombing

Submitted by Fox First at Ten on December 18th

By CURT ANDERSONAP Legal Affairs Writer FORT LAUDERDALE, Fla. (AP) - A Pakistani-born man wanted to avenge the deaths of U.S. drone attacks in Afghanistan by blowing up a New York City landmark but lacked the money and materials to carry out the plan, a federal prosecutor said Tuesday. Assistant U.