Business

My Fox Spokane Biz

Figures on government spending and debt

Figures on government spending and debt
WASHINGTON (AP) - Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.

Oil ends higher, near $89 a barrel

Oil ends higher, near $89 a barrel
By By The Associated Press The price of oil rose Friday as traders weighed a new debt deal in Europe and political bickering in the U.S. over looming tax increases and budget cuts. On the New York Mercantile Exchange: Benchmark crude rose 84 cents to finish at $88.91 per barrel. Gasoline was

France announces plan to save steel site

France announces plan to save steel site
PARIS (AP) - France's prime minister announced on Friday that there would be no layoffs at a blast furnace site that has become a symbol for maintaining jobs in a tough economic climate. Instead, steel company ArcelorMittal has promised a €180 million ($233.75 million) investment and the

Stocks end little changed as budget talks continue

Stocks end little changed as budget talks continue
NEW YORK (AP) - Stocks are ending little changed as lawmakers work to thrash out a budget agreement. The Dow Jones industrial average closed with a gain of four points at 13,026. The Standard and Poor's 500 edged up less than a point to 1,416. The Nasdaq composite lost two points to 3,010. The

Insider trading suspect was model ethics student

Insider trading suspect was model ethics student
By By BRIDGET MURPHYAssociated Press BOSTON (AP) - Mathew Martoma knew from an early age he wanted to blend his interests in health care, business and law into a career, and he excelled as a bioethics student. Yet the 38-year-old Florida man now finds himself embroiled in what could prove one

Dollar and precious metals at a glance

Dollar and precious metals at a glance
NEW YORK (AP) - Key currency exchange rates Friday, compared with late Thursday in New York:

Coffee prices plunge on global supply forecast

Coffee prices plunge on global supply forecast
By By SANDY SHOREAP Business Writer The price of coffee plummeted 3.7 percent Friday on expectations that bountiful harvests in Brazil and Central America will add to already ample global supplies. Coffee for March delivery fell 5.8 cents to end at $1.506 per pound. The price has fallen nearly

News Summary: Coffee plunges on supply forecast

News Summary: Coffee plunges on supply forecast
By By The Associated Press STALE COFFEE: The price of coffee plunged 3.7 percent on expectations that Brazil and Central America will harvest bountiful crops, adding to already ample global supplies. Coffee has fallen nearly 34 percent this year. BUDGET BATTLE: Most commodities fell as the

Business events scheduled for the coming month

Business events scheduled for the coming month
By By The Associated Press MONDAY, Dec. 3 WASHINGTON - Institute for Supply Management releases its manufacturing index for November, 10 a.m.; Commerce Department releases construction spending for October, 10 a.m. DETROIT - Automakers release vehicle sales for November. BRUSSELS - Finance

Seeking renewable energy, Poland looks to sea wind

Seeking renewable energy, Poland looks to sea wind
SOPOT, Poland (AP) - Seeking renewable energy to meet EU recommendations and cut dependence on Russian energy imports, Poland is looking to offshore wind farms as part of the answer. The government has granted 14 licenses for development of wind farms on the Baltic Sea and will review more than two