FOX News: Business

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Updated: 5 min 25 sec ago

Ceremonial groundbreaking for $1.4B project to connect Los Angeles' trains through downtown

Tue, 09/30/2014 - 2:31pm
A new underground train that will speed passengers through downtown Los Angeles took a symbolic step forward Tuesday with a groundbreaking ceremony attended by shovel-wielding politicians and transportation officials.
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Billionaire gives $15M a year to NC biotech hub searching to improve health through nutrients

Tue, 09/30/2014 - 2:26pm
The 91-year-old billionaire owner of Dole Food Co. said Tuesday he is committing $15 million a year in perpetuity to sustain a North Carolina research institute named after him devoted to improving human health through scientifically honed nutrition.
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National Oilwell Shares Skid After Announced Buyback

Tue, 09/30/2014 - 2:23pm
National Oilwell Varco Inc. shares skidded after the oil-field equipment maker said it was initiating a large share buyback.
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Miss. officials remove some high security inmates from Walnut Grove prison after July riot

Tue, 09/30/2014 - 2:18pm
Some of the most dangerous prisoners have been removed from the privately-run Walnut Grove Correctional Facility following a July 10 riot, as the Mississippi Department of Corrections faces renewed legal claims that the prison's guards are too poorly trained to control such inmates.
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FCC drops sports blackout rule, but NFL can still bar airing of games that don't sell out

Tue, 09/30/2014 - 2:15pm
For years, football fans have bemoaned the rule barring NFL home games that haven't sold out from being televised in the local market.
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Government To Reveal Drug Payments To Doctors, Hospitals

Tue, 09/30/2014 - 2:07pm
The Centers for Medicare and Medicaid Services said Tuesday it was going live with a web site detailing payments drug companies and medical device makers made to doctors for the last five months of 2013.
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New Michelin Guide praises Brooklyn food scene, but gives Daniel Boulud's Daniel just 2 stars

Tue, 09/30/2014 - 1:59pm
The Michelin Guide's latest roster of top New York City restaurants says Brooklyn and Queens are hot, but Daniel Boulud has lost a little sizzle.
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Moody's says it will acquired full ownership of Copal Amba, and raises 2014 profit guidance

Tue, 09/30/2014 - 1:56pm
Moody's will buy the remainder of research and analytics company Copal Amba that it does not already own and raised its profit expectations for the year.
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Pres Obama & Indian PM Modi Meet at the White House

Tue, 09/30/2014 - 1:51pm
President Obama and Indian Prime Minister Narendra Modi discussed trade issues, climate change and the fight against Islamic State militants during an Oval Office meeting on Tuesday.
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Gambling in US had a $240 billion impact in 2013, employed 1.7 million, industry group says

Tue, 09/30/2014 - 1:45pm
Gambling industry officials say U.S. casinos had a $240 billion economic impact and employed 1.7 million people in 2013.
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Report: Brookfield Eyeing Shuttered Revel Casino

Tue, 09/30/2014 - 1:37pm
An affiliate of Brookfield Asset Management has topped Florida real estate developer Glenn Straub's $90 million bid for the bankrupt Revel Casino Hotel in Atlantic City, the Wall Street Journal reported, citing sources.
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Oil, rail industries want 7 years to retrofit cars that transport highly volatile crude oil

Tue, 09/30/2014 - 1:24pm
A top oil industry official says the oil and railroad industries are urging federal regulators to allow them as long as seven years to retrofit existing tank cars that transport highly volatile crude oil.
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Coal companies shares up at 1 p.m.

Tue, 09/30/2014 - 1:19pm
Shares of some top coal companies are up at 1 p.m.: Arch Coal rose $.01 or .2 percent, to $2.09.
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Chemicals companies shares down at 1 p.m.

Tue, 09/30/2014 - 1:19pm
Shares of some top chemicals companies are down at 1 p.m.: Dow Chemical Co. fell $.65 or 1.2 percent, to $52.77.
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Aerospace companies shares mixed at 1 p.m.

Tue, 09/30/2014 - 1:19pm
Shares of some top aerospace companies are mixed at 1 p.m.: Boeing fell $.76 or .6 percent, to $128.01.
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Autos companies shares mixed at 1 p.m.

Tue, 09/30/2014 - 1:19pm
Shares of some top autos companies are mixed at 1 p.m.: Ford Motor Co. fell $.22 or 1.5 percent, to $14.89.
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Are the President’s Poll Numbers Down Because He’s Not Manning Up?

Tue, 09/30/2014 - 1:13pm
Is it me or does the President throw a lot of people under the bus? Rather than ever taking the hit for the hits that seem to keep coming his way, he points them another way. And more often than not, his own team’s way.
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California To Ban Single-use Plastic Bags

Tue, 09/30/2014 - 1:06pm
Single-use plastic bags will be phased out of grocery stories and other retailers in California by 2016 thanks to a new law signed Tuesday by Gov. Jerry Brown geared to reduce litter.
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Oil Adds To Losses Ofter Report On OPEC Output Surge

Tue, 09/30/2014 - 12:45pm
Oil futures extended losses Tuesday after news that output from the Organization of the Petroleum Exporting Countries rose to the highest in nearly two years, according to a Reuters survey.
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Research group: Connecticut real estate in slump, with home sales, prices continuing decline

Tue, 09/30/2014 - 12:43pm
A research group says Connecticut real estate is in a slump, with home sales and prices continuing to fall.
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