FOX News: Business
FOXBusiness.com - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
Updated: 34 min 44 sec ago
President Vladimir Putin has publicly criticized his government for allowing a business dispute to scrap commuter trains in provincial Russia.
Ralph Lauren Corp. shares slumped 6% on Wednesday after its fiscal third-quarter profit and sales both fell short of analyst estimates.
Private-sector employment gains decelerated in January as employers added 213,000 jobs, Automatic Data Processing Inc. reported Wednesday.
U.S. private employers added 213,000 jobs in January, falling short of the median forecasts of analysts, a payrolls processor report showed on Wednesday.
Shares of Kohl's Corp. rallied 4.2% in premarket trade Wednesday, after the apparel retailer beat fourth-quarter same-store sales expectations and provided an upbeat profit outlook.
GlaxoSmithKline expects to start regaining market share in respiratory medicine after weak demand for lung drug Advair again hurt fourth-quarter sales, capping a rough year for Britain's top drugmaker.
U.S. equity futures tilted to the downside Wednesday as investors were more cautious a day after the Dow enjoyed a blockbuster rally fueled by a sharp rebound in crude oil futures, and more optimism surrounding Greek debt deal talks.
A former senior Defense Department employee was arrested Tuesday on allegations he accepted hundreds of thousands of dollars in exchange for helping a Malaysian defense contractor, in one of the Navy's worst corruption cases.
Ralph Lauren Corp. (RL) on Wednesday reported fiscal third-quarter earnings of $215 million.
Hungary's media industry has reiterated its call for the revocation of an advertising tax after signals from the government indicating some changes would be made.
There's been a definite clash between European Union officials and the new Greek government during its first week and a half in power — not so much over bailout loans and repayment schedules but over dress style.
Shares of General Motors jumped 4.4% in premarket trade Wednesday, after the automaker reported fourth-quarter results that beat expectations, and said it planned to raise its dividend by 20%.
European Council President Donald Tusk warned on Wednesday that negotiations over Greece's bailout conditions will "be difficult".
The No. 1 U.S. office supplier agreed to buy nearest rival Office Depot in a $6.3 billion cash-and-stock deal to compete against booming e-retailers.
Boston Scientific Corp. said Wednesday it had net income of $87 million, or 6 cents a share, in the fourth quarter, down from $108 million, or 8 cents a share, in the year-earlier period.
Staples announced on Wednesday an agreement to buy Office Depot in a cash and stock deal that values the fellow office supply retailer at $6.3 billion.
General Motors Co. (GM) on Wednesday reported fourth-quarter profit of $1.99 billion.
Shares of Whirlpool Corp. rose 2% in premarket trade on Wednesday after the home-appliance maker confirmed its full-year outlook.
The People's Bank of China on Wednesday cut its reserve-requirement ratio for banks by 0.5 percentage points, in a bid to boost lending to businesses and bolster the economy.
Staples is buying Office Depot in a cash-and-stock deal valued at nearly $6 billion.