FOX News: Business

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Updated: 43 min 59 sec ago

Sen. Mary Landrieu sticks to her support for Obama's health law, though unpopular in Louisiana

Wed, 10/29/2014 - 6:58am
U.S. Sen. Mary Landrieu has doubled down on her support for the federal health care law even as polls show the revamp remains unpopular in Louisiana and a new Republican attack ad launched Tuesday hits the Democratic incumbent again for her vote.
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Norway's Statoil in third-quarter $727 million net loss, hit by lower oil and gas prices

Wed, 10/29/2014 - 6:56am
Norwegian energy company Statoil says impairment charges and lower oil and gas prices pushed it into net loss of 4.8 billion kroner ($727 million) in the third quarter.
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Volkswagen recalls 270,000 cars in China to repair airbag software problem

Wed, 10/29/2014 - 6:01am
A joint venture between Volkswagen and a Chinese partner is recalling 270,000 cars in China to repair a software problem that might prevent airbags from activating properly.
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US judge weighs whether NC or Alcoa owns riverbed property rights under Yadkin River dams

Wed, 10/29/2014 - 5:03am
A dispute between North Carolina officials and Alcoa Inc. over the right to control the water and electricity coming from the state's second-largest river system is before a federal judge.
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World stocks gain after US rally, Federal Reserve meeting awaited

Wed, 10/29/2014 - 5:01am
Global stock markets swung higher Wednesday, cheered by a surge in U.S. stocks that were buoyed by solid earnings, while investors were also waiting for signs from the Federal Reserve on U.S. monetary policy.
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After rocket explosion, commercial space company to recover debris, look for what caused it

Wed, 10/29/2014 - 4:17am
NASA and officials from a commercial rocket company are searching for debris and answers following the explosion of a rocket and cargo module that were to deliver supplies to astronauts aboard the International Space Station.
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Germany's biggest bank says regulatory costs weigh on results for third quarter

Wed, 10/29/2014 - 3:05am
Deutsche Bank says it made a net loss of 92 million euros in the third quarter as legal costs and complying with new regulations weighed on earnings.
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Healthy or weak? Broad-based or narrow? What the GDP report will tell us about the US economy

Wed, 10/29/2014 - 3:03am
Is the U.S. economy accelerating — finally? If it is, which sorts of Americans stand to benefit most? And why is it doing better than other major economies? Such are the questions surrounding a report coming Thursday on economic expansion in the July-September quarter.
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Fed is likely to end bond buying but signal that it has no plans to raise key rate soon

Wed, 10/29/2014 - 3:01am
The global economy has stumbled, and financial markets have endured some stomach-churning moments.
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World Bank says China economy slowing but Beijing should focus on reform, not growth targets

Wed, 10/29/2014 - 1:20am
The World Bank says China's economic growth could decline to close to 7 percent next year but Beijing should focus on pushing ahead with market-oriented reforms instead of trying to stick to official growth targets.
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LG Electronics reports 87 percent surge in 3Q profit as smartphone sales set record high

Wed, 10/29/2014 - 1:17am
South Korea's LG Electronics Inc. says its third-quarter profit jumped 87 percent over a year earlier as smartphone sales set a record high.
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Asia Stocks: Latest Quotes

Tue, 10/28/2014 - 10:19pm
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) up 1.5% ; Hong Kong (Hang Seng Index) up 1% ; Shanghai (Shanghai Composite Index) up 0.4% ; Sydney (S&P/ASX 200) flat ; Seoul (Kospi) up 1.2% Taipei (Taiex) up 0.8% Copyright © 2014 MarketWatch, Inc.
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Hong Kong Stocks Rise On Earnings, Casino Strength

Tue, 10/28/2014 - 10:09pm
Hong Kong stocks opened higher Wednesday and kept on rising, scoring a second straight rally amid some positive earnings reports, with solid U.S. gains also buttressing the market.
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Unmanned commercial supply rocket explodes 6 seconds after launch in Va.; no injuries reported

Tue, 10/28/2014 - 9:53pm
An unmanned commercial supply rocket bound for the International Space Station exploded moments after liftoff Tuesday evening, with debris falling in flames over the launch site in Virginia.
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Wynn Resorts discusses cleanup of polluted site in Everett where it wants to build a casino

Tue, 10/28/2014 - 9:38pm
Wynn Resorts officials, speaking Tuesday night at Tufts University about the casino company's plans to turn a polluted former chemical plant site into a gleaming $1.6 billion resort, promised the cleanup efforts will meet the "highest standards" set by federal environmental regulators.
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Japan Stocks Rise On Earnings, Yen And U.S. Gains

Tue, 10/28/2014 - 8:35pm
Japanese stocks punched higher early Wednesday, with some positive earnings, an overnight advance in the U.S. and the dollar's return about the �108 level all helping to send the Nikkei Average up 0.7%, enough to erase the previous session's 0.4% drop.
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Black Hills Corp., Cheyenne Light, Fuel and Power open new gas-fired plant in Cheyenne

Tue, 10/28/2014 - 7:47pm
Power company officials on Tuesday marked the opening of a new gas-fired power plant in Cheyenne that replaces several old coal-fired plants elsewhere Although Wyoming is the nation's leading coal-producing state, officials say federal regulations now make it effectively impossible to open a new coal-fired plant anywhere in the country.
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Australia Stocks Rise, With Miners Up, Banks Down

Tue, 10/28/2014 - 7:42pm
Australian stocks advanced early Wednesday, following commodities and U.S. shares higher.
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Government contractor Engility to buy TASC in $1.1 billion all-stock deal

Tue, 10/28/2014 - 7:28pm
Government contractor Engility Holdings Inc. said Tuesday it plans to acquire TASC Inc. in an all-stock deal valued at $1.1 billion, including debt.
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Operators flying drones, model planes near stadiums could face up to a year in jail, FAA says

Tue, 10/28/2014 - 7:15pm
Federal regulators say it's illegal to fly drones or model planes near stadiums and that violators can face up to a year.
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