Jan 30- Xerox Corp, which has been shifting its focus to IT services from making printers and copiers, cut its profit forecast for 2015 for the second time after reporting its sixth-consecutive drop in quarterly revenue. The forecast cut reflected a 5 cent per share impact from currency rate fluctuations, specifically the weakening of the euro, said Xerox, which...» Read More
CHICAGO-- The final case to stem from the corruption investigation into imprisoned former Illinois Gov. William Cellini, 77, was convicted last year for his role in trying to get a $1.5 million campaign contribution for Blagojevich from the Oscar-winning producer of "Million Dollar Baby" in exchange for state business.
ACRE, Israel-- Orthodox Jewish Israelis, the driving force of the West Bank settlement movement, have begun to turn their attention inward to Israel itself, moving into Arab areas of mixed cities in an attempt to cement the Jewish presence there.
Whatever the case, Hungary's decision to ban the ubiquitous slot machines seen in pubs, bars and parlors across the country goes against a gambling boom seen elsewhere in Eastern Europe, even as economic times get tougher.
"A guy like Romney should excite me," said Becker, 30, a Republican who manages real estate investments in Fairfield, a charming shoreline town on Connecticut's affluent "gold coast." That was before the 90- minute head-to-head matchup between Romney and President Barack Obama in Denver, their first of three debates before Election Day.
LOS ANGELES-- Clothing maker American Apparel Inc. said Thursday a key sales figure rose 15 percent in September, helped by online sales and fewer discounts.
MANILA, Philippines-- Police arrested former Philippine President Gloria Macapagal Arroyo on Thursday and temporarily detained her in a hospital on corruption charges, in her third indictment and second detention since stepping down two years ago.
CHICAGO-- Members of the Chicago Teachers Union overwhelmingly have approved a new three-year contract that includes pay increases and a new evaluation system, union officials announced late Wednesday.
FRANKFURT, Germany-- German media report that Deutsche Bank AG has put at least five of its traders on indefinite leave as part of an effort to restore the company's ethical credibility. Deutsche Bank declined to comment on the report Thursday, citing ongoing legal proceedings.
CHARLOTTE, N.C.-- Cato Corp., a women's clothing store, said on Thursday that a key measure of September revenue fell 4 percent, and it said its third-quarter earnings will be at the low end of its guidance.
WASHINGTON-- President Barack Obama and Republican rival Mitt Romney spun one-sided stories in their first presidential debate, not necessarily bogus, but not the whole truth.
NEW YORK-- "American Idol" season 12 tapings are just getting under way and Keith Urban has already become more than just a judge: he's also the pacifier on the newly-minted panel. "We're all passionate people and we're learning a new dance and we're all a work in progress," said Urban Wednesday at the New York Film Festival gala honoring his wife, Nicole Kidman.
ANNAPOLIS, Md.-- A Maryland task force's recommendations to reduce prolonged power outages after powerful storms includes the possibility of adding $1 or $2 to residents' monthly electric bills to improve the state's electricity distribution system, Gov.
FRANKFURT, Germany-- European Central Bank President Mario Draghi is praising Spain's efforts to get its deficit under control and said conditions the country would need to meet to get help with its borrowing costs "don't need to be punitive."
Tandy Leather Factory Inc. said Thursday fiscal third-quarter sales topped second-quarter sales for the first time in more than 10 years. All were counted in the closely watched figure for sales at locations open at least a year, and their revenue rose to $3.2 million, up from $2.8 million a year earlier.
YORK, Pa.-- Department store operator Bon-Ton Stores said Thursday that a key revenue figure rose 0.6 percent in September as it tightly managed its inventory and marketing efforts. Total revenue for the five weeks ended Sept. 29 rose 0.7 percent to $288.9 million.
LOS ANGELES-- Eight months ago Southern California had a nuclear power plant that could generate enough electricity for 1.4 million homes. Southern California Edison sketched out a proposal Thursday under which its long-shuttered San Onofre nuclear power plant might be stuck, perhaps permanently, in a sort of middle gear.
NEW YORK-- An analyst on Thursday cut his earnings estimates for JetBlue Airways Corp. because the price of fuel hasn't dropped as much as he expected after Labor Day. Sterne Agee analyst Jeffrey Kauffman cut his profit forecast for the New York airline's third quarter to 16 cents per share from a previous expectation of 22 cents per share.
Dow futures are up 59 points to 13,485. The broader S&P 500 futures are up 8 points to 1,452.40. Investors are also awaiting news from the monthly policy meeting of the European Central Bank. Stocks across Europe were marginally higher ahead of ECB head Mario Draghi's news conference, which is being held in Slovenia, one of the euro's 17 countries.