TODAYS TOP STORIES
Retailers report higher December sales
NEW YORK (AP) -- A last-minute surge in spending helped many major retailers report better-than-expected sales in December, a relief for stores that make up to 40 percent of annual revenue during the holiday period.
Consumers had a lot to worry about this holiday, including the possibility of the U.S. economy falling off the "fiscal cliff." But after spending cautiously during most of the season, they loosened their purse strings in the final shopping days.
Twenty retailers reported sales in December rose an average of 4.5 percent compared with the year-ago period, according to the International Council of Shopping Centers. That's on the high end of the expected range of 4 percent to 4.5 percent. Costco, Nordstrom and TJX Cos. were among the best performers. Target and Barnes & Noble had weaker results.
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed
Posted: Saturday, January 5 2013, 03:41 PM CST
IN OKLAHOMA NEWS
Oklahoma's multicounty grand jury to convene
May 20, 2013 07:59 GMT
OKLAHOMA CITY (AP) -- Oklahoma's multicounty grand jury is preparing to convene to hear presentations on potential criminal prosecutions.
The panel is to meet Tuesday through Thursday at the Oklahoma Attorney General's Office.
Officials don't publicly release which cases are going before the grand jury. The panel can investigate criminal matters in all 77 counties.
The grand jury meets monthly.
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From the FOX 25 First Forecast Center..Tornado Watch currently in effect for central and eastern Oklahoma until 11pm tonight. Temps will drop to the mid to upper 60s for the metro. ...
Asian stocks rise on signs of steady US recovery
BANGKOK (AP) -- Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher today.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
IN THE NEWS: FINANCIAL TIMES SITS HACKED
LONDON (AP) -- Another attack on a media site -- and again, one that is being claimed by the Syrian Electronic Army.
BRAS A FIRE HAZARD?
MILWAUKEE (AP) -- We haven't heard this much about the threat of bra burning since the days of the women's liberation movement.