FOX News: Business

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Updated: 16 min 38 sec ago

Twitter Could Be Attractive Acquisition For Facebook, Google, Advisers Say

Tue, 08/25/2015 - 2:11pm
With Twitter Inc. trading below its IPO price, M&A advisory firm Magister Advisors say the social network may be an attractive acquisition target for Facebook , Google or a news organization.
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Diplomat says Iran has no plan for swapping detained Washington Post reporter for US prisoners

Tue, 08/25/2015 - 1:48pm
An Iranian diplomat said Tuesday that Tehran has no plans to swap detained Washington Post reporter Jason Rezaian for prisoners held in the United States, the first time a high-level official has alluded to the possibility of such a trade.
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Calendar of major business events scheduled for Wednesday

Tue, 08/25/2015 - 1:43pm
Major business and economic events scheduled for Wednesday: All times are Eastern.
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Belarus' ruble falls 5 percent, infected by Russia's economic troubles and low oil prices

Tue, 08/25/2015 - 1:30pm
The currency of Belarus is taking a sharp hit, falling about 5 percent in one day as its giant neighbor Russia is battered by economic troubles.
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Amgen files for approval of etelcalcetide for parathyroid problems caused by kidney disease

Tue, 08/25/2015 - 1:13pm
Biotech drugmaker Amgen said Tuesday it filed for marketing approval of a drug designed to treat a symptom of chronic kidney disease.
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Medtronic to spend $458 million on privately held developer of replacement heart valve

Tue, 08/25/2015 - 1:07pm
Medical device maker Medtronic will pay up to $458 million for a privately held company that is developing a heart valve replacement.
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Appeals court dismisses Republican lawsuit over SEC 'pay-to-play' rule

Tue, 08/25/2015 - 12:55pm
A federal appeals court has thrown out a lawsuit brought by Republican Party officials in two states challenging a federal rule that restricts campaign contributions of investment advisers.
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As Hudson River dredging nears end, fate of processing facility a flashpoint for controversy

Tue, 08/25/2015 - 12:54pm
Advocates pushing for General Electric Co. to extend its massive dredging of the upper Hudson River beyond this year are alarmed by the revelation that the company has begun winding down some operations at the plant processing contaminated river sediment.
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About 55,000 Osram Sylvania LED tube lights recalled because they can overheat and melt

Tue, 08/25/2015 - 12:49pm
About 55,000 LED tube lights are being recalled because they can overheat, melt and possibly burn someone.
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NYC police: Car driver cut off casino bus before it crashed into building, injuring 6 people

Tue, 08/25/2015 - 12:48pm
New York City police have ticketed the driver of a car they say cut off a casino bus before it slammed into a brick building, injuring six people.
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Pittsburgh Zoo losing sea turtle program, playground money in dispute over elephant policy

Tue, 08/25/2015 - 12:40pm
The Pittsburgh Zoo & PPG Aquarium is losing its sea turtle program and money for a playground after dropping accreditation with a major organization over its elephant contact policy.
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DC regulators reject proposed combo of Exelon, Pepco; deal had been OK'd by surrounding states

Tue, 08/25/2015 - 12:34pm
Regulators in the District of Columbia have rejected the proposed merger between power companies Exelon and Pepco.
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Just Mayo maker warned by FDA that 'mayo' needs to have eggs in it

Tue, 08/25/2015 - 12:26pm
The maker of eggless spread Just Mayo has gotten a warning from regulators: 'Mayo' needs eggs.
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Home-sharing company Airbnb to include in its Paris fares small tourism tax on rentals

Tue, 08/25/2015 - 12:21pm
The home-sharing company Airbnb has agreed to incorporate in its prices a small tourist tax on rental apartments in Paris — following a request by Paris authorities.
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BP restarts part of Indiana refinery whose unplanned shutdown led to Midwest gas price spike

Tue, 08/25/2015 - 12:19pm
BP says it has restarted a portion of a large Indiana oil refinery whose unplanned shutdown for repairs caused gasoline prices in the region to spike earlier this month.
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Portuguese government sees good news in higher tax revenue ahead of elections

Tue, 08/25/2015 - 12:10pm
Portugal's center-right government is citing a jump in tax revenue as evidence the economy is growing and proof that its crackdown on tax evasion is working.
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September Rate Hike Still on the Table

Tue, 08/25/2015 - 12:08pm
If the data continues to trend upward, as it has in recent months, the Fed still may be inclined to make that quarter point increase in September, one expert said Tuesday.


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DSW falls to annual low as cutbacks on discount merchandise, fewer shoppers hurt 2Q sales

Tue, 08/25/2015 - 11:52am
Shares of DSW skidded in midday trading Tuesday after the footwear and accessories retailer's second-quarter sales disappointed Wall Street.
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More single-family homes sold in Massachusetts in July than in any month since June 2005

Tue, 08/25/2015 - 11:52am
More single-family homes were sold in Massachusetts last month than in any month in more than a decade, The Warren Group reported Tuesday.
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