FOX News: Business

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Updated: 17 min 10 sec ago

Investors Get Set For a Treat -- New Record Highs At The Open

Fri, 10/31/2014 - 7:50am
The surge in stock futures, which extends that global market rally starting in Japan, suggests investors will be treated to a number of record highs at the open.
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Madison Square Garden Revenue Blows Past Estimates

Fri, 10/31/2014 - 7:44am
Madison Square Gardens shares surged more than 3% in premarket trade Friday, after the company's fiscal first-quarter revenue blew past estimates.
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NFL seeks to dismiss ex-players' lawsuit alleging painkillers dispensed with few safeguards

Fri, 10/31/2014 - 7:16am
The National Football League on Thursday asked a judge to toss out a lawsuit filed by former players who allege team officials gave them powerful painkillers and other drugs to keep them on the field without regard for their long-term health.
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Welcome to NYC, Taylor Swift! The locals are already kvetching about you

Fri, 10/31/2014 - 7:04am
Welcome to New York, Taylor Swift! The locals are kvetching about you already.
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Vatican: Sistine Chapel frescoes turning white from tourists' carbon dioxide, humidity

Fri, 10/31/2014 - 7:04am
The Vatican revealed a closely kept secret Thursday: The Sistine Chapel's precious frescoes were starting to turn white from the air pollution caused by so many visitors passing through each day to marvel at Michelangelo's masterpiece.
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Ebola case highlights work of NYC's disease sleuths who investigate and identify outbreaks

Fri, 10/31/2014 - 7:04am
New York City's disease detectives were off and running the moment the call came in from a doctor who suspected he had Ebola.
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Hilton Worldwide Lifts 2014 Outlook As Earnings Beat Forecast

Fri, 10/31/2014 - 6:36am
Hilton Worldwide Holdings Inc. said it's lifting its 2014 outlook after earnings beat Wall Street forecasts.
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Omega Healthcare to buy rival Aviv in all-stock deal valued at $3 billion

Fri, 10/31/2014 - 6:31am
Omega Healthcare is buying rival real estate investment trust Aviv in an all-stock deal worth about $3 billion.
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US consumer spending expected to post modest rise in September

Fri, 10/31/2014 - 6:29am
The Commerce Department releases its September report on consumer spending, which accounts for 70 percent of economic activity.
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Lawyer: Federal judge approves plan for return of most money to investors defrauded in scheme

Fri, 10/31/2014 - 5:36am
A federal judge has ruled that investors who lost money in a fraud scheme will receive most of their money back.
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RBS sets aside $639 million for potential fines arising from currency trading probes

Fri, 10/31/2014 - 5:33am
Royal Bank of Scotland, which is majority-owned by the U.K. government, has set aside 400 million pounds ($639 million) to cover potential fines arising from international investigations into alleged manipulation of foreign currency trading.
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After huge protests, Hungary suspends plans to tax Internet use; to revisit issue next year

Fri, 10/31/2014 - 5:31am
Hungary's prime minister says the government will suspend a planned tax on Internet use and reconsider the matter next year.
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U.S. Stocks Poised To Rally Later In Wake Of BOJ Surprise Stimulus

Fri, 10/31/2014 - 4:19am
U.S. stock futures continued to push higher on Friday, though pulling back slightly from a levels seen in Asia trade after the Bank of Japan shocked the market by expanding the pace of its quantitative easing.
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US average pump price ready to drop below $3 a gallon first time in 4 years; cheaper than milk

Fri, 10/31/2014 - 4:16am
The average price of gasoline in the U.S. hit $3 a gallon Friday, and should soon drop below the benchmark for the first time since December 2010.
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Q&A: Why Japan is increasing stimulus when Fed feels confident enough to withdraw it

Fri, 10/31/2014 - 4:00am
Japan is pumping more money into its lagging economy, expanding an already lavish stimulus effort.
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Budweiser owner AB InBev: profits up 5.5 percent in third quarter despite weak volumes

Fri, 10/31/2014 - 3:59am
AB InBev SA, the world's largest beer maker, has reported a 5.5-percent increase in earnings for the third quarter, as higher selling prices more than made up for volume declines in Europe and Asia.
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APNewsBreak: Medicare allowed payment for prescriptions up to 32 days after a person died

Fri, 10/31/2014 - 3:02am
A government watchdog agency says Medicare's prescription drug program kept paying for costly medications even after patients were dead.
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Sony says quarterly loss balloons to $1.2 billion on smartphone woes, sticks to forecasts

Fri, 10/31/2014 - 2:46am
Sony Corp. says losses for July-September ballooned to 136 billion yen ($1.2 billion) as the Japanese electronics and entertainment company's troubled mobile phone division reported huge red ink.
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Japan stock index soars 5 percent, yen falls after BOJ announces new stimulus

Fri, 10/31/2014 - 1:30am
Japan's Nikkei 225 stock average surged 5 percent and the yen slid against the dollar after the Bank of Japan unexpectedly announced new stimulus to boost a flagging economic recovery.
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Japan's Surprise Easing Sends Stocks, Dollar Soaring

Fri, 10/31/2014 - 1:04am
In an unexpected move, the Bank of Japan's policy board voted by a 5-to-4 margin to expand the pace of its quantitative easing, sending Tokyo stocks soaring and the Japanese yen falling sharply.
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