[an error occurred while processing this directive]
 
KTVL CBS Channel 10 Mailing List

News10 LiveLinks from BroadcastDrive Safe ModeMay 2015 Special Election

Forecast

Today: Sunny. High near 83. Calm wind becoming northwest around 6 mph in the afternoon.

Tonight:
Mostly clear. Low around 51. ... More
Washington Times
Advertise with us!

Business News

Last Update on May 28, 2015 07:32 GMT

Asian stocks down as Greece deadline looms, Shanghai sinks

TOKYO (AP) -- Asian stocks were mostly lower today as a deadline for Greece to make a debt payment drew near and Chinese shares plummeted after big gains in the past three months.

Japan's benchmark Nikkei 225 rose 0.4 percent to 20,551.46; the index is up nearly 10 percent in the past three months as exporter stocks benefit from a cheap yen.

Meanwhile, Greece might miss a debt payment on June 5 if it fails to receive bailout funds from creditors, who are demanding that the country make reforms to its economy. It is still unclear whether an agreement can be reached in time, but European shares got a lift from players counting on a deal being reached.

In New York yesterday, the Dow Jones industrial average rose 121.45 points, or 0.7 percent, to 18,162.99 on Wednesday. It had fallen 190 points on Tuesday. The Standard & Poor's 500 index rose 19.28 points, or 0.9 percent, to 2,123.48 and the Nasdaq composite rose 73.84 points, or 1.5 percent, to 5,106.59.

ECONOMY-THE DAY AHEAD

WASHINGTON (AP) -- Labor Department releases weekly jobless claims, 8:30 a.m.

National Association of Realtors releases pending home sales index for April, 10 a.m.

FCC ROBOCALLS

WASHINGTON (AP) -- Those automated phone calls during the dinner hour, late at night or to your wireless phone can be so frustrating -- and the government is taking note.

The head of the Federal Communications Commission is circulating a proposal aimed at closing regulatory loopholes, reaffirming current anti-robocall rules, and encouraging wireless and wireline carriers to do more to fight against unwanted telemarketing calls and spam text messages.

A key part of the plan: clearing up any confusion over whether the phone carriers can offer blocking services -- so-called robo-blocking technology that could help people stop the unwanted calls.

FCC Chairman Tom Wheeler writes in a blog post on the commission website that authorities are "giving the green light" for robocall-blocking technology.

Phone companies have said that they worry that automatic call-blocking might run afoul of laws requiring them to connect phone calls.

INTERNET GAMBLING

ATLANTIC CITY, N.J. (AP) -- Gambling industry participants and analysts agree that Internet betting is off to a slow start in the U.S.

But despite challenges including hesitation by banks to approve credit card payments for online bets, casinos say and their observers say gradual improvement is happening.

Panelists at a major gambling conference in Atlantic City said Wednesday that Internet gambling has great potential for growth.

Three states offer Internet gambling: New Jersey, Delaware and Nevada. Other states are considering doing so, including California and Pennsylvania.

In March, Morgan Stanley cut its estimate of the potential U.S. Internet gambling market by nearly half.

The firm now estimates the nationwide online betting market at $2.7 billion by 2020, down from an initial estimate of $5 billion.

IPHONE GLITCH

UNDATED (AP) -- A newly-discovered glitch in Apple's software can cause iPhones to mysteriously shut down when they receive a certain text message.

Apple says it's aware of the problem and is working on a fix. But some pranksters are sharing information about the glitch on social media and using it to crash other peoples' phones.

The problem only occurs when the iPhone receives a message with a specific string of characters, including some Arabic characters, according to several tech blogs. When an iPhone isn't being used, it typically shows a shortened version of the message on the phone's lock screen. That shortened combination of characters apparently triggers the crash.

Affected phones will restart automatically. Owners can prevent the problem by using phone settings to turn off the message "previews" feature.

CALIFORNIA OIL SPILL

GOLETA, Calif. (AP) -- The federal government has issued an order to ensure that Plains All American Pipeline finishes the cleanup of an oil spill along the California coast.

The Environmental Protection Agency and the Coast Guard issued the joint Clean Water Act order Wednesday for what the agencies call the largest coastal spill in California in the last 25 years.

They say the order is to ensure the cleanup of heavy crude on land, at the shoreline and in the ocean, to contain the oil and to prevent further contamination.

Representatives from the two agencies said at a news conference that such an order is common in spills and is not in response to any inaction by Plains All America.

BANK EARNINGS

WASHINGTON (AP) -- U.S. bank earnings rose 6.9 percent in the first quarter from a year earlier as revenues increased. At the same time, delinquent loans continued to fall and the number of "problem" banks reached a six-year low.

This information comes from a new report issued by the Federal Deposit Insurance Corp. FDCIC Chairman Martin Gruenberg tells a news conference in Washington the report shows "gradual but steady improvement" for the banking industry. Still, low interest rates continued to crimp banks' profit margins on loans during the January-March period.

The FDIC reported that U.S. banks earned $39.8 billion in the first quarter, up from $37.2 billion a year earlier.

Nearly 63 percent of banks reported an increase in profit in the first quarter from a year earlier. Only 5.6 percent of banks were unprofitable -- the lowest percentage of unprofitable institutions since the second quarter of 2005.

JAWBONE-FITBIT-LAWSUIT

NEW YORK (AP) -- In a clash of rival makers of fitness trackers, Jawbone is suing Fitbit and a group of employees who quit Jawbone to work for Fitbit, saying they stole trade secrets, business plans, market research, and other information.

Jawbone's lawsuit names Fitbit Inc. and five former Jawbone employees, and says it believes 10 other employees were also involved. The lawsuit says Fitbit recruiters contacted about 30 percent of Jawbone's employees in early 2015, and the employees who accepted Fitbit's offer took information about Jawbone's plans, products, technology and market research.

It says the employees violated agreements with Jawbone and hid their activities from the company.

Fitbit filed for an IPO worth up to $100 million this month. It did not immediately respond to a request for comment.

IRS BREACH

WASHINGTON (AP) -- IRS investigators believe the identity thieves who stole the personal tax information of more than 100,000 taxpayers from an IRS website are part of a sophisticated criminal operation based in Russia. That's according to two officials who talked to The Associated Press.

ISS Commissioner John Koskinen, meantime, has told reporters the information was stolen as part of an elaborate scheme to claim fraudulent tax refunds. He declined to say where the crime originated.

But two officials briefed on the matter tell AP the IRS believes the criminals were in Russia, based on computer data about who accessed the information. The officials spoke on condition of anonymity because they weren't authorized to publicly discuss the ongoing investigation.

The revelation highlights the global reach of many cyber criminals. And it's not the first time the IRS has been targeted by identity thieves based overseas.

RISE IN RENTERS

NEW YORK (AP) -- Renters are on the rise in America's biggest cities, but many tenants are scrambling to keep up with growing rent bills and shrinking vacancies. That's according to a new study out today.

From Boston to Miami, New York to Los Angeles, more than half of tenants are paying what experts consider unaffordable rents, says a report by New York University's Furman Center, which studies real estate and urban policy, and bank Capital One, which is a leading affordable-housing lender and financed the research.

While various housing experts have noted such trends, the study zooms in on 11 of the nation's most populous cities. Overall, it's a portrait of increasing competition and often slipping affordability. But the picture isn't universally bleak and looks noticeably different from city to city.

Capital One community finance chief Laura Baily says, "The study brings into light the limited options there are for renters."

Advertise with us!

Business News

sStory headline here

TOKYO (AP) -- Asian stocks were mostly lower today as a deadline for Greece to make a debt payment drew near and Chinese shares plummeted after big gains in the past three months.

Consumer Info

   WEST PALM BEACH, FL -- (Marketwired) -- 03/21/14 --
 Companies that pride themselves on being eco-friendly may have conflicted
 ideas between marketing with ad specialties and maintaining their green
 reputation. ...

Entertainment News

TRACY MORGAN SETTLES WITH WAL-MART OVER HIGHWAY WRECK

NEWARK, N.J. (AP) -- Tracy Morgan has settled his lawsuit against Wal-Mart.

Get This

ASSAULT RIFLES IN PANTS

FORT LAUDERDALE, Fla. (AP) -- No, that wasn't a pistol in his pocket.

Science/Tech News

IN THE NEWS: SENATE PANEL TO ASK QUESTIONS ABOUT IRS BREACH

WASHINGTON (AP) -- Just how could someone electronically slip into an IRS website and make off with the personal information of more than 100,000 taxpayers?

[an error occurred while processing this directive]

 
  • KTVL :: News - Connect to Congress

    Connect to Congress



  • KTVL :: News - City In Crisis

    City In Crisis



  • KTVL :: News - News10 Special Report

    News10 Special Report

    News10 investigates the issues affecting your town.
  • KTVL :: News - News10 Feed

    News10 Feed

    Headlines in YOUR town.
  • KTVL :: News - Across The Nation

    Across The Nation

    News and information from across the nation.
  • KTVL :: News - Border Crisis

    Border Crisis



  • KTVL :: News - Elections Day

    Elections Day

    Elections are in full swing in your town.Stick with News10 as the ballots continue to be submitted!
  • KTVL :: News - The Great Outdoors

    The Great Outdoors

    Join KTVL News10 for The Great Outdoors, a weekly segment featuring numerous activities related to outdoor living in Southern Oregon and Northern California.
  • KTVL :: News - Medford Teachers Strike

    Medford Teachers Strike

    As of 7 p.m. Wednesday February 5, 2014, no compromise in the dispute over a new contract between the Medford School District and Medford Education Association. 
  • KTVL :: News - Rogue River Homicide

    Rogue River Homicide

    The Jackson County Sheriff's office says 65-year-old Susan Monica was arrested for identity theft and other theft charges last Friday...
  • KTVL :: News - Patricia MacCallum Murder Trial

    Patricia MacCallum Murder Trial

    Patricia MacCallum is accused of shooting and killing her husband, Christopher MacCallum, during a camping trip last year. Patricia MacCallum's trial began Nov. 18. News10 is at the courthouse and will ...
  • KTVL :: News - Fire Watch 2013

    Fire Watch 2013

    Your source for evacuations, closures and relief efforts.
  • KTVL :: News - Your Voice. Your Future.

    Your Voice. Your Future.

    As the country faces challenges from federal budget issues to jobs and national debt, your voice is critical to the future.
  • KTVL :: News - Medfords Most Wanted

    Medfords Most Wanted

    Each week, News10 looks at the Rogue Valley's most wanted criminals and finds out who has been caught.
  • KTVL :: News - Health Care Reform

    Health Care Reform

     The Supreme Court ruling to uphold the Affordable Care Act sparked a new battle. Check here daily for the latest developments, locally and across the country.
  • KTVL :: News - Biscuit Fire:Ten Years Later

    Biscuit Fire:Ten Years Later

    It has been ten years since the Biscuit Fire scorched 500,00 acres in the Siskiyou National Forest.

  • KTVL :: News - Tasty Topics

    Tasty Topics

    We've all seen News10's Trish Glose tasting food on West Coast Flavors. Now she has more space to talk about food and drink!
  • KTVL :: News - No Text Zone

    No Text Zone

    Texting While Driving Kills Thousands of People Each Year. Many More are Seriously Injured. You Can Help Make Our Roads a NO TEXT ZONE
  • KTVL :: News - Washington Times

    Washington Times

    Politics, Breaking News, US and World News.
  • KTVL :: News - Reality Check

    Reality Check

    How are your tax dollars being spent? Reality Check tracks whether local, state and federal governments or any groups are using your money wisely...or wasting it.
  • KTVL :: News - Your View

    Your View

    When you see news, share it with us. Your View is the perfect place to share the video and photos you capture your town.
  • KTVL :: News - Green Wednesday

    Green Wednesday

    There are limits to our natural resources and News 10's Green Wednesday provides information on how we can be better stewards of the environment.

  • KTVL :: News - Cool Schools

    Cool Schools

    News10 is visiting Medford elementary schools and letting them show us what makes their school great.
  • KTVL :: News - On The Town

    On The Town

    On the Town highlights local entertainment activities from concerts at the Craterian, to plays, parades and fun runs, for the week and weekends in Medford and counties in Southern Oregon.
  • KTVL :: News - To Your Health

    To Your Health

    Dr. Dan, Monday KTVL News10 at 5 answers your health questions and discusses the latest developments in medecine. If you have questions, find the e-mail address and mailing address at ktvl.com.
  • KTVL :: News - West Coast Flavors

    West Coast Flavors

    Who doesn't love good food? News 10 invites area chefs to the West Coast Appliance kitchen to cook up their favorite recipes.

  • KTVL :: News - Crime Stoppers

    Crime Stoppers

    Crime Stoppers, Medford, Southern Oregon's answer to crime at ktvl.com. Find a police report of the active case, descriptons of suspects, vehicle information, rewards.

  • KTVL :: News - Rogue Gangs

    Rogue Gangs

    Gangs are a growing concern for police in Southern Oregon and Northern California. News 10 is taking an in-depth look at the issue.
  • KTVL :: News - Links from Our Broadcast

    Links from Our Broadcast

    Links and numbers from our newscasts at KTVL News10, Medford, Southern Oregon's news source. Relevant links to research topics of interest or to contact organizations.

  • KTVL :: News - Consumer Links

    Consumer Links

    Consumer information, links and numbers. Useful links to protect and educate the consumer from the Oregon and California State Departments, the federal government and other Associations.
  • KTVL :: News - Safety Links

    Safety Links

    Safety - links and numbers at ktvl.com. Emergency preparedness plans for Curry, Jackson, and Josephine counties' citizens. Links to California and Oregon Emergency Management Offices, National Safety Council, ...
  • KTVL :: News - Voting Links

    Voting Links

    Links to websites full of information and background material, as well as sites that help you take action.
  • KTVL :: News - Local Links

    Local Links

    Local links for Medford, Southern Oregon and Northern California. Community links for Curry, Josephine, Jackson, Klamath, Lake and Siskiyou Counties, schools, cities, chambers of commerce, Rogue Valley ...

more »

Tonight on KTVL

12:00pm:  News10 at Noon
12:30pm:  The Bold and the Beautiful
  1:00pm:  The Talk
  2:00pm:  Let's Make A Deal
  3:00pm:  Rachael Ray
  4:00pm:  Ellen
  5:00pm:  News10 at 5pm
  5:30pm:  CBS Evening News with Scott Pelley
  6:00pm:  News10 at 6pm
  6:35pm:  Who Wants to be a Millionaire
  7:05pm:  Family Feud
  7:30pm:  Celebrity Name Game
  8:00pm:  The Big Bang Theory
  8:30pm:  The Odd Couple
  9:00pm:  Mom
  9:30pm:  Mike & Molly
10:00pm:  Elementary
11:00pm:  News10 at 11pm
11:35pm:  The Late Show, with David Letterman
12:37am:  The Late Late Show

Complete Schedule »