FOX News: Business

Syndicate content FOX Business
FOXBusiness.com - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
Updated: 10 min 26 sec ago

Stocks Open Higher, Buoyed By Citi, Retail Sales

Mon, 04/14/2014 - 9:33am
U.S. stocks opened solidly higher on Monday, taking back some of the ground lost in last week's tech-led selloff as investors cheered results from Citigroup Inc. and a stronger-than-expected jump in March retail sales.
Categories: FOX News

Chindex Surges After It Receives Higher Offer

Mon, 04/14/2014 - 9:26am
Chindex International Inc. , which provides health-care services in China, said Monday it received an offer of $23 a share in cash to acquire all outstanding shares of Chindex common stock, higher than a previous offer.
Categories: FOX News

Gold Hits Three-Week High on Lower Risk Appetite

Mon, 04/14/2014 - 9:18am
Gold jumped to a three-week high on Monday as mounting tensions in Ukraine curbed investor appetite for risk, sending equities lower and boosting bullion's appeal as an insurance asset.
Categories: FOX News

Citigroup profit rises on smaller loss from troubled assets

Mon, 04/14/2014 - 9:18am
Citigroup Inc reported a better-than-expected quarterly net profit as a smaller loss on its troubled assets made up for weakness in its core trading and lending businesses, pushing up the bank's shares in premarket trading.
Categories: FOX News

Turkey Accuses Twitter Of "Tax Evasion", Calls For Local Office

Mon, 04/14/2014 - 9:01am
Turkey urged executives from Twitter to open an office and start paying Turkish tax on Monday in the first direct talks since a two-week ban imposed on the site as the government battled a corruption scandal.
Categories: FOX News

GM's Opel Unit May Break Even Before 2016: WSJ

Mon, 04/14/2014 - 8:58am
General Motors Co's <GM.N> loss-making European unit, Opel, may break even before its 2016 deadline, the Wall Street Journal reported, following an interview with the unit's chief executive, Karl-Thomas Neumann.
Categories: FOX News

Russian Stocks Fall As Russian Activists Hold Firm In Ukraine

Mon, 04/14/2014 - 8:58am
Russian stocks dropped Monday as tension escalated between Russia and Ukraine, with pro-Russian activists ignoring a deadline from Kiev to disarm or face military force.
Categories: FOX News

Mid-Market Report: Shutterfly, Kodak Reach Deal

Mon, 04/14/2014 - 8:44am
Shutterfly and Kodak are walking away from a legal battle that erupted after Shutterfly bought Kodak's online photo service.
Categories: FOX News

Treasurys Extend Slide After Retail Sales

Mon, 04/14/2014 - 8:38am
Treasury prices extended a drop Monday after data showed a stronger-than-expected rise in retail sales.
Categories: FOX News

Overland Park Suspect Is Well-known White Supremacist: AP

Mon, 04/14/2014 - 8:35am
The suspect in the killing of three people Sunday at a pair of Jewish centers in the Kansas City suburb of Overland Park, Kan., is a well-known white supremacist, the Associated Press reports.
Categories: FOX News

Retail Sales See Biggest Increase Since 2012

Mon, 04/14/2014 - 8:30am
The gain in retail sales is the latest sign the economy was emerging from its weather-induced slumber and on track to pick-up in 2Q.
Categories: FOX News

Citigroup Logs 1Q Beat

Mon, 04/14/2014 - 8:05am
Citigroup posted profits and revenues that came in well above Wall Street's estimates, sending shares of the No. 3 U.S. bank higher in pre-market action. 
Categories: FOX News

Goldman Dodges A Shareholder Battle That Dogs Rivals

Mon, 04/14/2014 - 7:56am
When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying.
Categories: FOX News

Facebook Looks For OK To Launch Financial Services: FT

Mon, 04/14/2014 - 7:50am
Facebook Inc. is getting ready to launch financial services, which would let people make payments and store their money via its social network, the Financial
Categories: FOX News

GSK Faces Criminal Bribery Investigation In Poland

Mon, 04/14/2014 - 7:44am
GlaxoSmithKline is facing a criminal investigation in Poland for allegedly bribing doctors to promote its lung drug Seretide, adding to problems for a company already accused of corruption in China and Iraq.
Categories: FOX News

Faster On-Flight WiFi Leads to Battle in the Sky

Mon, 04/14/2014 - 7:35am
Wi-Fi in the sky is taking off, promising much better connections for travelers and a bonanza for the companies that sell the systems.
Categories: FOX News

Private Money, Public Projects: More U.S. States Doing Deals

Mon, 04/14/2014 - 7:28am
 U.S. states and cities are increasingly turning to such deals, known as public-private partnerships, or P3s, hoping to leverage assets that can bring a quick infusion of private dollars to rebuild crumbling infrastructure.
Categories: FOX News

Stock Futures Stable After Painful Week

Mon, 04/14/2014 - 7:28am
U.S. stock-index futures wobbled on Monday after Wall Street's worst week since 2012 as traders braced for the latest data on retail sales. 
Categories: FOX News

World Trade Picture Improves But 2014 Still Below Trend

Mon, 04/14/2014 - 7:22am
The WTO raised its 2014 forecast for growth in global goods trade 4.7%, saying it didn't expect a return to the historical trend level of 5.3% until 2015.
Categories: FOX News

WSJ: TIAA-CREF to Buy Nuveen Investments in $6.3B Deal

Mon, 04/14/2014 - 7:19am
TIAA-CREF said it will buy Nuveen Investments for $6.25 billion, including debt, in a deal that will make a money manager with $800 billion in assets under management. 
Categories: FOX News