FOX News

Deadline passes for thousands of creditors in Detroit bankruptcy restructuring vote

FOX News: Business - Fri, 07/11/2014 - 6:09pm
The deadline passed Friday for thousands of creditors to vote on Detroit emergency manager Kevyn Orr's bankruptcy restructuring plan for the city.
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Details about oil train shipments will go to local emergency planners, can be made public

FOX News: Business - Fri, 07/11/2014 - 6:09pm
New York's homeland security agency is refusing requests from freight railroads to further restrict public information about their crude oil shipments, concluding it's not sensitive security information and will be given to local emergency planners.
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The Great Unknown: ObamaCare cost unclear amid changes to the law

FOX News: Politics - Fri, 07/11/2014 - 6:05pm

President Obama’s health care law has been delayed and changed so many times that the official budget scorekeepers can no longer keep track of what the law costs.

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US gov't sets duties on steel pipe imports from Korea, 8 others; Favors US producers, unions

FOX News: Business - Fri, 07/11/2014 - 6:04pm
The U.S. government has imposed duties on imports of steel pipe from South Korea, India and other 7 countries, ruling in favor of U.S. steel producers and unions that had complained those countries were unfairly flooding the American market.
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US rig count increased by 1 in latest week to 1,875

FOX News: Business - Fri, 07/11/2014 - 5:53pm
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by one this week to 1,875.
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Alibaba to Expand Board to 11 After NYSE Debut

FOX News: Business - Fri, 07/11/2014 - 5:36pm
A group of 27 top executives and investors in Alibaba Group Holding, including co-founder Jack Ma, can appoint another two directors to the company's board once it goes public, according to a U.S. regulatory filing on Friday.
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Report: Kansas wheat production estimates lowered as harvest expected to show toll of drought

FOX News: Business - Fri, 07/11/2014 - 5:27pm
Kansas farmers wrapping up this year's winter wheat harvest probably don't need another government report to tell them this isn't a good year, but the forecast released Friday by the Agriculture Department paints an even heavier toll from a widespread drought than previously thought.
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CME Cuts Trading Margins on Gold, Silver Futures

FOX News: Business - Fri, 07/11/2014 - 5:21pm
Exchange operator CME Group reduced the amount of collateral required to trade the benchmark gold and silver futures contracts on Friday.
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SEC Halts Trade in Cynk Over Possible Stock Manipulation

FOX News: Business - Fri, 07/11/2014 - 5:15pm
U.S. regulators on Friday suspended trading in Cynk Technology Corp, citing possible market manipulation in the one-time penny stock whose market value rocketed within weeks from less than $20 million to more than $6 billion.
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Brent Hits Three-Month Lows on Easing Geopolitical Risk

FOX News: Business - Fri, 07/11/2014 - 5:11pm
Brent oil hit a three-month low on Friday, extending losses for the third week in a row as fears about supply shortages in the Middle East and North Africa continued to recede.
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Comedian Bill Cosby voices support for natural gas pipeline protesters in Massachusetts

FOX News: Business - Fri, 07/11/2014 - 5:06pm
Comedian Bill Cosby and his wife Camille are supporting protesters marching across Massachusetts in opposition to Kinder Morgan's proposed natural gas pipeline.
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Issa accuses State Department of dodging Benghazi questions in 37-page letter

FOX News: Politics - Fri, 07/11/2014 - 4:58pm

Top Republican Rep. Darrell Issa Friday accused the State Department of trying to repeatedly dodge congressional efforts to look into the 2012 terrorist attack in Benghazi, Libya.

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How the Dow Jones industrial average and other major indexes fared on Friday

FOX News: Business - Fri, 07/11/2014 - 4:54pm
The stock market stabilized on Friday, booking a small gain, but it wasn't enough to prevent the biggest weekly drop since early April.
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Congress looks to lower price on veterans' health care reform bill

FOX News: Politics - Fri, 07/11/2014 - 4:43pm

Stung by sticker shock, members of Congress are scrambling to lower the cost of a bill to fix veterans' health care amid a growing uproar over long waits for appointments and falsification of records to cover up the delays at Veterans Affairs hospitals.

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Yahoo Acquires Video-streaming Company RayV

FOX News: Business - Fri, 07/11/2014 - 4:33pm
Yahoo Inc. has acquired RayV, a video-streaming startup, the company said Friday.
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Appeals court backs EPA's mining restraints, rules against industry in mountaintop coal mining

FOX News: Business - Fri, 07/11/2014 - 4:21pm
A federal appeals court has upheld the Obama administration's environmental protections designed to reduce water pollution from mountaintop-removal coal mining.
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