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Streamlining costs dent Deutsche Bank in Q3

Submitted by Fox First at Ten on October 30th

By DAVID McHUGHAP Business Writer FRANKFURT, Germany (AP) - Deutsche Bank saw profits slip 3 percent in the third quarter from a year ago, as higher costs for streamlining its business and from credit writeoffs offset better revenues from investment banking and trading stocks and bonds. The

Mitsubishi Motors profit improves on cost cuts

Submitted by Fox First at Ten on October 30th

By YURI KAGEYAMAAP Business Writer TOKYO (AP) - Mitsubishi Motor Corp.'s fiscal second-quarter net profit improved 60 percent to 10.1 billion yen ($126 million) on cost cuts, but the Japanese automaker lowered its projection Tuesday for China, where a bitter territorial dispute is sending

Mood of the Nation: Business owner spending less

Submitted by Fox First at Ten on October 30th

By MATT SEDENSKYAssociated Press Writer MIAMI (AP) - On the eve of the 2012 elections, The Associated Press interviewed dozens of Americans to try to gauge the economic mood of the nation. People were asked about jobs, housing, gas prices, retirement and other issues. Among them was Hilda

Japan central bank ups asset buys to aid economy

Submitted by Fox First at Ten on October 30th

By ELAINE KURTENBACHAP Business Writer TOKYO (AP) - Japan's central bank expanded a government bond-buying program Tuesday, vowing to spur growth as it further downgraded the country's economic outlook following declines in industrial output and household spending in September. Under

Media, advertisers ready for audience surge

Submitted by Fox First at Ten on October 29th

By RYAN NAKASHIMAAssociated Press Sometimes it's not the size of the storm, it's where it hits. As Hurricane Sandy raged through one of the country's most densely populated regions, it created a surge in online traffic Monday as people sought weather-related news and various forms

Holiday gadgets: Microsoft phones, Google gadgets

Submitted by Fox First at Ten on October 29th

By ANICK JESDANUNAP Technology Writer NEW YORK (AP) - Microsoft launched its new Windows phone system and Google unveiled new devices under its Nexus brand. Both part of an effort to grab more of consumers' holiday-shopping dollars. Last week, Microsoft started selling its Windows 8

Holiday gadgets: Microsoft phones, Google gadgets

Submitted by Fox First at Ten on October 29th

Regulators: Financial system operating normally

Submitted by Fox First at Ten on October 29th

By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - Though U.S. stock trading was suspended Monday because of Hurricane Sandy, the parts of the financial system that stayed open functioned normally, the Treasury Department says. Financial regulators found that systems involving payments,

Hurricane Sandy wreaks havoc on small businesses

Submitted by Fox First at Ten on October 29th

By JOYCE M. ROSENBERGAP Business Writer NEW YORK (AP) - Hurricane Sandy wreaked havoc on small businesses along the East Coast Monday, keeping employees and customers away. At Angelo's Civita Farnese, a restaurant in Providence, R.I., the lunchtime crowd didn't materialize and few

2 top executives leaving Apple

Submitted by Fox First at Ten on October 29th

By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Apple Inc. shook up its executive ranks Monday, saying the head of its store operations is leaving after just six months on the job and the long-serving head of its iPhone software development operations is exiting next year. Apple didn'