Business | MyFOX Spokane

Banks extend fee waivers for storm-hit customers

Submitted by Fox First at Ten on November 5th

By The Associated Press Some of the nation's biggest banks have extended temporary waivers on a variety of fees and late charges for residents of states hit hard by Superstorm Sandy. It's an effort to ease pressure on customers to make bill payments when nearly 1.8 million homes and

UK's Cameron touts British defense deals in Gulf

Submitted by Fox First at Ten on November 5th

LONDON (AP) - Prime Minister David Cameron hoped to spur British arms sales Monday with a tour of the Gulf and Middle East - but faces a challenge from France's leader, who has also visited the region to tout his country's defense exports. In visits to Dubai and Abu Dhabi, Cameron will seek

Greece bracing for 2 decisive votes this week

Submitted by Fox First at Ten on November 4th

By DEMETRIS NELLASAssociated Press ATHENS, Greece (AP) - Greece's coalition government is facing two crucial votes this week in its effort to secure a portion of a bailout loan by creditors that will stave off threatened bankruptcy. Along with the inevitable strikes that are expected at

Westpac annual profit falls 15 percent

Submitted by Fox First at Ten on November 4th

SYDNEY (AP) - Westpac Banking Corp., one of Australia's largest banks, has posted a 15 percent fall in its annual profit to 5.97 billion Australian dollars ($6.17 billion) due to the tax implications of its takeover of smaller rival St. George Bank. The result for the year through September

New oil workers key bloc in ND Senate race

Submitted by Fox First at Ten on November 4th

By DALE WETZELAssociated Press MANNING, N.D. (AP) - Shirley Meyer grew up on a ranch north of Dickinson, N.D., and has represented her rural district in the state House for a decade. But when she knocks on doors in her re-election campaign, she sometimes feels like a stranger in her own home. "

United's first Dreamliner touches down in Chicago

Submitted by Fox First at Ten on November 4th

CHICAGO (AP) - United Airlines' inaugural flight of Boeing's 787 Dreamliner has touched down at Chicago's O'Hare International Airport. United is the first U.S. airline to get Boeing's newest plane. United CEO Jeff Smisek was on Sunday's flight from Houston to Chicago and

112-year-old US apparel maker in Pa. to close

Submitted by Fox First at Ten on November 4th

By MICHAEL RUBINKAMAssociated Press ORWIGSBURG, Pa. (AP) - One of the last U.S. apparel manufacturers of its kind is losing its shirt. FesslerUSA had survived war and depression, free trade and foreign imports, producing millions of knitted garments from its base in eastern Pennsylvania. Five

What if Wall St. wakes Wednesday without a winner?

Submitted by Fox First at Ten on November 4th

By STEVE ROTHWELLAP Business Writer NEW YORK (AP) - Any stock trader will tell you that if there's one thing investors hate, it's uncertainty. Unfortunately, with President Barack Obama and Republican challenger Mitt Romney virtually tied in polls before the election Tuesday,

Paper claims ECB breaking rules with Spanish loans

Submitted by Fox First at Ten on November 4th

BERLIN (AP) - A German newspaper claims the European Central Bank is lending Spanish banks billions of euros under conditions more generous than its rules allow. Weekly Welt am Sonntag reported Sunday that the ECB is accepting Spanish government bonds as top-tier collateral in return for €16.6

Union workers strike at Raley's supermarket chain

Submitted by Fox First at Ten on November 4th

By JOHN S. MARSHALLAssociated Press SAN FRANCISCO (AP) - Union workers at Raley's supermarket chain, which operates more than 100 stores in California and Nevada, went on strike Sunday after last-ditch efforts to reach a new contract failed. The strike, which marked the first against Raley