FOX News: Business

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Updated: 11 min 38 sec ago

Christie, Huckabee Put IRS on Chopping Block

Tue, 11/10/2015 - 8:43pm
New Jersey Gov. Chris Christie and former Arkansas Gov. Mike Huckabee put the IRS on the chopping block to kick off the first primary debate.
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Christie: Let's Keep the Focus on Hillary Clinton

Tue, 11/10/2015 - 8:43pm
New Jersey Gov. Chris Christie wants to remind everyone who the real enemy is, Democratic front-runner Hillary Clinton.
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N.Y. Attorney General Tells Daily Fantasy Sports Companies to Cease Operations

Tue, 11/10/2015 - 8:03pm
New York Attorney General Eric Schneiderman has ordered fantasy-sports operators Fan Duel Inc. and DraftKings Inc. to shut down in the state, saying that the games constitute illegal gambling and are subject to criminal penalties.
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Chipotle to Reopen Northwest Restaurants After E. coli Outbreak

Tue, 11/10/2015 - 7:38pm
After a tug of war between the bulls and bears all day, the bulls eked out some gains.
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Wall Street Ends Day With Slight Gain

Tue, 11/10/2015 - 6:00pm
Wall Street ended modestly higher after a choppy session on Tuesday as gains in consumer discretionary stocks offset a drop in Apple and investors hunkered down for a potential interest rate hike next month.
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McDonald's Credit Downgraded To Just 3 Notches Above Junk At S&P

Tue, 11/10/2015 - 4:11pm
McDonald's Corp.'s corporate credit rating was downgraded one notch on Tuesday to BBB+ from A- at Standard & Poor's, which cited the fast food giant's plan to issue more debt to fund returns of cash to shareholders.
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Square IPO Price Range Is Fair, Say Susquehanna Analysts

Tue, 11/10/2015 - 4:07pm
Susquehanna Analysts said Tuesday that they believe Square is "fairly valued" with its initial offering price range of $11 to $13, though the price range puts it below its private valuation.
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Automatic Data Processing Raises Quarterly Dividend 8.2%

Tue, 11/10/2015 - 3:09pm
Automatic Data Processing Inc. said Tuesday it will raise its quarterly dividend by 4 cents a share, or 8.2%, to 53 cents a share.
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Molson Coors Nears Deal to Buy Remaining MillerCoors Stake

Tue, 11/10/2015 - 2:55pm
Molson Coors Brewing Co. is nearing a deal to buy the rest of the MillerCoors LLC U.S. joint venture, paving the way for SABMiller PLC to cement its blockbuster sale to Anheuser-Busch InBev NV.
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EIA Ups 2015 WTI Crude-oil Price View, But Cuts 2016 Forecast

Tue, 11/10/2015 - 2:20pm
The U.S. Energy
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McDonald’s Won’t Put Property into REIT

Tue, 11/10/2015 - 2:16pm
The fast-food giant said on Tuesday that it will not put its property into a Real Estate Investment Trust, or REIT.
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Solar Stocks Fall As Edison's Shares Plunge

Tue, 11/10/2015 - 2:10pm
Shares of several solar companies posted steep losses Tuesday in sympathy with steep falls for shares of SunEdison and SunEdison's yieldcos, TerraForm Power Inc. and TerraForm Global Inc. , after mixed third-quarter results.
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Fidelity Lowers Value Of Stake In Snapchat

Tue, 11/10/2015 - 1:14pm
Fidelity lowered the value of its stake in photo-sharing app Snapchat by 25% in the third quarter, according to research firm Morningstar.
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Kohl's Will Open Its Doors On Thanksgiving

Tue, 11/10/2015 - 1:12pm
Kohl's Corp. will open for business on Thanksgiving day, adding to the growing number of retailers that have announced evening openings on the holiday.
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Shares Of SunEdison And Company's Yieldcos Plunge After Results

Tue, 11/10/2015 - 12:36pm
Shares of SunEdison Inc. and the yieldcos connected to the solar-power developer, TerraForm Power Inc. and TerraForm Global Inc. , tanked Tuesday following disappointing quarterly results for TerraPower and mixed results for SunEdison.
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Kashkari to be New Minneapolis Fed President

Tue, 11/10/2015 - 12:23pm
The Federal Reserve Bank of Minneapolis has named former banker and government official  Neel Kashkari to become its new president and chief executive officer.
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Harley-Davidson Invests in Future of Brand and Local Community

Tue, 11/10/2015 - 11:43am
For Milwaukee-based Harley-Davidson investing in its employees means creating the proper work environment to promote innovation, teamwork and future recruitment.
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The Next U.S. President and the Pentagon’s $610 Billion Budget

Tue, 11/10/2015 - 11:30am
None of the leading candidates in the race for the White House has ever served in the military yet that person will be tasked with finding the right Defense Secretary to keep the U.S. safe while also running the nation’s $610 billion defense budget.


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Three Indicted in JPMorgan Hacking

Tue, 11/10/2015 - 10:43am
U.S. prosecutors unveiled expanded criminal charges against three men in connection with a massive cyberattack against JPMorgan Chase and the hacking of other financial firms.
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Valeant's Stock Takes Sharp Turn Lower After Business Update

Tue, 11/10/2015 - 10:01am
Valeant Pharmaceuticals International Inc.'s stock took a sharp turn lower in premarket trade Tuesday, after the company said in its business update that disruption in its dermatology business, from the recent controversies surrounding its Philidor specialty pharmacy subsidiary, would be significant in the short term.
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