FOX News: Business

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Updated: 26 min 33 sec ago

Swedish, Norwegian telecom operators scrap planned Danish merger amid EU competition concerns

Fri, 09/11/2015 - 5:43am
Telecom operators TeliaSonera and Telenor have abandoned a proposed merger of their Danish operations due to concerns by European Union regulators that it would stifle competition.
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Avon Discusses Stake Sale With Private-Equity Firms

Fri, 09/11/2015 - 5:38am
Shares of Avon Products fell after the company announced its negotiating to sell a stake to a private-equity firm.
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Fragments recovered after fiery aborted Las Vegas takeoff indicate catastrophic engine failure

Fri, 09/11/2015 - 5:25am
Jet engine parts found on the Las Vegas runway where a British Airways flight aborted takeoff as the engine burst into flames indicate a rare catastrophic failure, experts said as investigators released preliminary findings and began analyzing flight data and cockpit recordings.
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Montclair State University opens doors to new $66 million business school

Fri, 09/11/2015 - 5:20am
Montclair State University has officially opened the doors to its new $66 million business school located on the northern New Jersey institution's campus.
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Fed to Dominate Week of Central Bank Meetings

Fri, 09/11/2015 - 5:19am
The U.S. Federal Reserve takes center stage in the coming week, eclipsing data from China, the euro zone and rate decisions in Japan and Switzerland.


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Oil Falls After Goldman Cuts Forecasts

Fri, 09/11/2015 - 5:02am
The price of U.S. crude fell 2% after Goldman Sachs cut its crude forecasts, citing global over-supply and concerns over the health of the Chinese economy, and after Saudi Arabia dismissed the idea of an oil producer summit.
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IEA Sees U.S. Oil Output Collapsing Next Year on Low Prices

Fri, 09/11/2015 - 4:47am
The International Energy Agency said lower oil prices will force non-OPEC producers including the United States to cut output by the steepest rate in more than two decades next year.


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Adidas Prepares for Rights Deal on NHL Jerseys

Fri, 09/11/2015 - 4:03am

Adidas is preparing to take over the rights to outfit National Hockey League teams from its subsidiary brand Reebok.


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Oil Falls as Saudi Rejects Producer Summit; Goldman Cuts Forecast

Fri, 09/11/2015 - 3:23am
U.S. crude oil prices fell as a stronger dollar and lower price forecast by Goldman Sachs weighed on the markets with prices headed for a weekly loss despite rallying in the previous session.


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Bank of Montreal to Buy GE Capital's Transportation-Finance Unit

Fri, 09/11/2015 - 3:03am
Bank of Montreal said it had agreed to acquire General Electric Capital's transportation-finance business operations in a multibillion-dollar deal.
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Out with the old...iPhones? 4 ways to reuse, resell, recycle last year's models

Fri, 09/11/2015 - 3:02am
Each year, Apple dazzles its devoted fans with faster, sleeker, more powerful iPhones with better cameras and a bevy of bells and whistles.
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San Diego to miss mayor's deadline on public vote to stop Chargers' move to Los Angeles

Fri, 09/11/2015 - 2:55am
The city of San Diego and the NFL Chargers were poised to miss a deadline set by Mayor Kevin Faulconer to schedule a public vote on whether taxpayers should help pay for a new stadium to stop the team from moving to Los Angeles.
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U.S. Futures Rise, Asian Shares Waver Ahead of Fed Decision

Fri, 09/11/2015 - 2:17am
U.S. equity futures were gaining as Asian markets got off to a weak start, although stocks in Hong Kong were headed for a positive week.
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Key decisions needed quickly in Egypt to address economy, boost investment and earn state cash

Fri, 09/11/2015 - 2:15am
In a few short years, if everything goes according to plan, Egypt will have new megaprojects, special investment zones and power plants fueled by the largest offshore gas field in the Mediterranean.
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Asian stocks mostly higher on Wall Street tail wind as economies show glimmers of improvement

Fri, 09/11/2015 - 1:35am
Asian stock markets mostly rose Friday, propelled by a tail wind from Wall Street and glimmers of improvement in some economies.
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