Writer | MyFOX Spokane

Retailers report weak sales gains for November

Submitted by Fox First at Ten on November 29th

By By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - Black Friday was no match for Superstorm Sandy. Major retailers from Target to Macy's reported weak November sales as the strong start to the holiday shopping season - including a good showing on the day after Thanksgiving - wasn

Barnes & Noble reports net income for 2Q

Submitted by Fox First at Ten on November 29th

By By MAE ANDERSONAP Retail Writer NEW YORK (AP) - Barnes & Noble's shares fell on Thursday after it reported a second-quarter profit but its digital content growth slowed as it faces increased competition from rivals like Amazon and Google. The largest traditional retailer has invested

Kroger lifts forecast after stronger third quarter

Submitted by Fox First at Ten on November 29th

By By CANDICE CHOIAP Food Industry Writer NEW YORK (AP) - Kroger Co. is raising its earnings outlook for the year after the nation's largest traditional supermarket chain reported a third-quarter profit that topped Wall Street expectations. The company, which also operates Fry's, Food 4

Applications for US jobless aid fall to 393,000

Submitted by Fox First at Ten on November 29th

By By CHRISTOPHER S. RUGABERAP Economics Writer WASHINGTON (AP) - The number of Americans seeking unemployment benefits fell 23,000 to a seasonally adjusted 393,000 last week. It was the second straight drop after Superstorm Sandy had driven applications much higher earlier this month. A Labor

US economy grew at 2.7 percent rate in summer

Submitted by Fox First at Ten on November 29th

By By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - The U.S. economy grew at a 2.7 percent annual rate from July through September, much faster than first thought. The strength is expected to fade in the final months of the year because of the impact of Superstorm Sandy and uncertainty

Twinkies maker Hostess ready for its big bake sale

Submitted by Fox First at Ten on November 29th

By By CANDICE CHOIAP Food Industry Writer NEW YORK (AP) - The future of Twinkies is virtually assured. Hostess Brands Inc. got final approval for its wind-down plans in bankruptcy court Thursday, setting the stage for its iconic snack cakes to find a second life with new owners - even as 18,000

Attorney expects Lohan will be cleared in NYC case

Submitted by Fox First at Ten on November 29th

By By ANTHONY McCARTNEYAP Entertainment Writer LOS ANGELES (AP) - Lindsay Lohan was charged Thursday with crimes in New York and Los Angeles, marking her latest setbacks as she tries to revive her career and avoid a return to jail. Prosecutors in Santa Monica charged Lohan with three

GM venture in China plans $1 billion auto plant

Submitted by Fox First at Ten on November 29th

By By KELVIN CHANAP Business Writer HONG KONG (AP) - General Motors Co. and its joint venture partners in China say they will spend 6.6 billion yuan ($1 billion) to build a third car plant to keep up with demand for vehicles in the world's biggest auto market. The SAIC-GM-Wuling venture

Palestinians celebrate UN statehood vote

Submitted by Fox First at Ten on November 29th

By By MOHAMMED DARAGHMEH and KARIN LAUBAssociated Press RAMALLAH, West Bank (AP) - Palestinians erupted in wild cheers Thursday, hugging each other, setting off fireworks and chanting "God is great" after the United Nations granted them, at least formally, what they have long yearned for - a

Asia stocks rise on US data, budget talks

Submitted by Fox First at Ten on November 29th

By By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - Asian stock markets posted gains Friday on optimism over a pair of positive U.S. economic reports and growing expectations that Washington will resolve a budget impasse before the end of the year. Meanwhile, the release of an 880.3 billion