FOX News

Starboard Reiterates Position Yahoo, AOL Should Combine

FOX News: Business - Thu, 01/08/2015 - 11:03am
In a letter Thursday, activist shareholder Starboard told Yahoo CEO Marissa Mayer and her board that it should explore a combination with AOL and look to cut costs in an effort to try and improve the company's profits.
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Coca-Cola eliminating up to 1,800 jobs as part of cost-cutting effort

FOX News: Business - Thu, 01/08/2015 - 11:01am
Coca-Cola says it's cutting between 1,600 and 1,800 jobs globally as part of an ongoing push to trim costs.
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Rams owner Kroenke won't return calls, St. Louis officials plan to deal directly with NFL

FOX News: Business - Thu, 01/08/2015 - 10:55am
St. Louis city officials said Wednesday that the owner of the Rams isn't returning their calls, so they plan to work directly with the NFL on efforts to keep a team — any team — in St. Louis amid speculation the Rams are headed back to Los Angeles.
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Phoenix Suns owner Robert Sarver increases takeover bid for Scottish soccer club Rangers

FOX News: Business - Thu, 01/08/2015 - 10:55am
Phoenix Suns owner Robert Sarver has increased a takeover offer for financially troubled Scottish soccer club Rangers.
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Spain's Santander, eurozone's largest bank, plans to raise $8.8 billion through share sale

FOX News: Business - Thu, 01/08/2015 - 10:55am
Spain's Banco Santander, the eurozone's largest bank by market value, says it plans to raise up to 7.5 billion euros ($8.8 billion) in a share sale.
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Starboard To Yahoo: No Large-scale Acquisitions, But Merge With AOL

FOX News: Business - Thu, 01/08/2015 - 10:50am
Yahoo Inc. investor Starboard said in a letter to Yahoo Chief Executive Marissa Mayer that it's "increasingly concerned" about the growing number of media reports indicating the company's interest in doing large-scale acquisitions, such as Scripps Networks Interactive and Time Warner's CNN.
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Pharmaceuticals companies shares up at 10 a.m.

FOX News: Business - Thu, 01/08/2015 - 10:35am
Shares of some top pharmaceuticals companies are up at 10 a.m.: Baxter International Inc. rose $1.63 or 2.3 percent, to $73.08.
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New York City will begin banning restaurants from using plastic foam containers in July

FOX News: Business - Thu, 01/08/2015 - 10:35am
New York City plans to ban food establishments from using plastic foam containers starting July 1.
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Airlines companies shares mixed at 10 a.m.

FOX News: Business - Thu, 01/08/2015 - 10:35am
Shares of some top airlines companies are mixed at 10 a.m.: Delta Air rose $.85 or 1.8 percent, to $47.82.
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In religiously conservative Pakistan, a TV show focuses on a topic once considered taboo: Sex

FOX News: Business - Thu, 01/08/2015 - 10:35am
In religiously conservative Pakistan, a television call-in advice show is tackling an issue rarely discussed in public: Sex.
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Internet companies shares mixed at 10 a.m.

FOX News: Business - Thu, 01/08/2015 - 10:35am
Shares of some top internet companies are mixed at 10 a.m.: Amazon fell $.94 or .3 percent, to $297.48.
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Obama hits campaign trail in pre-speech tour, amid Keystone fight

FOX News: Politics - Thu, 01/08/2015 - 10:33am
President Obama threw himself back onto the campaign trail this week as he tried to shift the spotlight away from the flurry of activity on Capitol Hill under the new GOP majority, as Republicans and Democrats alike scrambled to round up votes to override a threatened veto on key legislation.
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U.S. Stocks Open Higher On Dovish Fed Comments, Steady Oil

FOX News: Business - Thu, 01/08/2015 - 10:33am
U.S. stocks opened sharply higher on Thursday, as steady oil prices and dovish comments by a Federal Reserve member pushed investors into buying equities.
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Average US mortgage rates fall to new lows; 30-year loan at 3.73 pct., 15-year at 3.05 pct.

FOX News: Business - Thu, 01/08/2015 - 10:30am
Average U.S. mortgage rates started the year by dipping to new lows, with the benchmark 30-year rate marking its lowest level since May 2013.
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5 things to look for as government writes new dietary advice

FOX News: Health - Thu, 01/08/2015 - 10:27am
You've heard it before: Eat fewer calories, more fruits and more vegetables.
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Dunkin' Donuts To Open More Than 1,400 Restaurants In China

FOX News: Business - Thu, 01/08/2015 - 10:25am
Dunkin' Brands Group Inc. said it's planning to open more than 1,400 Dunkin' Donuts restaurants in China, as part of a joint venture with Jollibee Worldwide Pte Ltd. and Jasmine Asset Holding Ltd., a unit of RRJ Capital Master Fund II, L.P. The coffee and baked goods chain said the first restaurant is expected to open in the fourth quarter of 2015.
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GOP hopes to force Obama's hand on Keystone

FOX News: Politics - Thu, 01/08/2015 - 10:22am
It took just a few hours for the new Republican-controlled Congress to elicit its first veto threat from President Obama, dashing initial hopes for bipartisanship and cementing the status of the Keystone XL pipeline as Washington's reigning political football.
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