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4 highly-rated emerging markets bond funds

Submitted by Fox First at Ten on July 12th

By The Associated Press Below are four emerging market bond mutual funds that are highly rated by Morningstar. Each requires a minimum initial investment of $10,000 or less, making them accessible to most individual investors. Each also has a medal rating under Morningstar's Analyst Ratings,

Darden to buy Yard House for $585 million

Submitted by Fox First at Ten on July 12th

ORLANDO, Fla. (AP) - Darden Restaurants Inc., operator of Red Lobster and Olive Garden, said Thursday that it is buying the Yard House USA restaurant chain to help broaden its appeal with younger and higher-income guests for $585 million in cash. But it said profits would initially drop because of

Central Americans flood north through Mexico to US

Submitted by Fox First at Ten on July 12th

By OLGA R. RODRIGUEZAssociated Press TULTITLAN, Mexico (AP) - Deported from the United States after years working construction in New Jersey, Hector Augusto Lopez decided to rebuild his life in his hometown in eastern Honduras. He found a steady job in a shoe store in Catacamas. Then, in March,

Money market fund assets rise to $2.551 trillion

Submitted by Fox First at Ten on July 12th

NEW YORK (AP) - Total U.S. money market mutual fund assets rose $18.56 billion to $2.551 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds fell $1.56 billion to $886.34 billion, the Washington-

NC regulators to hear from dumped Duke Energy CEO

Submitted by Fox First at Ten on July 12th

By EMERY P. DALESIOAP Business Writer RALEIGH, N.C. (AP) - North Carolina utilities regulators have called the sacked CEO of Duke Energy Corp. to testify next week in their probe of whether they were misled before the merger creating the country's largest electric company. The North Carolina

Supervalu shares slump over clouded future

Submitted by Fox First at Ten on July 12th

By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - The future of supermarket chain Supervalu is becoming cloudier. The retailer's shares lost almost half their value on Thursday, the day after the company, which owns the Albertsons, Jewel-Osco, Save-A-Lot and other grocery chains,

News Summary: Dentsu will buy Aegis Group for $5B

Submitted by Fox First at Ten on July 12th

By The Associated Press THE DEAL: In a combination of major advertising agencies, Dentsu Inc. of Japan agreed to buy Aegis Group PLC of Britain for about $5 billion. THE COMBINATION: Aegis is based in London, and Dentsu said it does a lot of businesses in the U.S. and Europe, with a growing

Senator questions findings in Toyota investigation

Submitted by Fox First at Ten on July 12th

By TOM KRISHERAP Auto Writer DETROIT (AP) - A U.S. Senator is questioning whether the government thoroughly investigated electronic gremlins that could have caused Toyota vehicles to accelerate unexpectedly. In a letter sent Thursday to the National Highway Traffic Safety Administration, Sen.

J&J, shareholders reach tentative deal in lawsuit

Submitted by Fox First at Ten on July 12th

By LINDA A. JOHNSONAP Business Writer TRENTON, N.J. (AP) - Lawyers for Johnson & Johnson shareholders suing management for not fixing serious problems for years- from shoddy manufacturing to paying kickbacks to boost sales - have reached a tentative settlement meant to restore high standards

A closer look at the Boeing 737s ordered by United

Submitted by Fox First at Ten on July 12th

By The Associated Press Here's a closer look at the Boeing Co. 737s ordered on Thursday by United Airlines: Boeing 737-900ER The order: 50 jets. Seats: 173 Price: $89.6 million each. First arrival: Late 2013. United operates 43 of this type currently. Boeing 737 Max 9 The order: 100 jets,