FOX News: Business
FOXBusiness.com - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
Updated: 39 min 43 sec ago
An electric equipment explosion shook a 19-story office building in downtown Los Angeles, sending two people to the hospital and leaving a dozen surrounding buildings without power Friday.
The statewide unemployment rate for July held steady at 4.2 percent, the Texas Workforce Commission reported Friday.
The dollar fell to its lowest level in about seven weeks Friday compared to a basket of rival currencies as a selloff in U.S. stocks continued for a fourth day.
Nebraska's unemployment rate inched up a tenth of a point to 2.7 percent in July, but remained the lowest rate in the nation, according to reports issued Friday.
The Turkish lira edged higher against the dollar Friday after Turkish President Recep Tayyip Erdogan said he would like to hold snap elections on Nov. 1.
Commuter train passes for Pope Francis' visit to Philadelphia are being sold at select stations after an online lottery left about 20,000 unsold.
The snack bar category is currently estimated at 5.7 billion dollars with nutritional and health bars leading the pack.
Growth in the U.S. manufacturing sector slowed to its weakest pace in almost two years in August, according to an industry report released on Friday.
Unemployment in South Carolina decreased for the second month in a row in July, state officials said Friday.
Authorities say Spain has seen a record 38 million tourists in the first seven months of the year as a weak euro and security issues in other beach resort nations like Tunisia make it a more attractive destination.
U.S. safety regulators have rejected an electrical engineer's request to investigate low-speed unintended acceleration in Toyota and Lexus cars.
The Canadian dollar edged higher Friday after the release of two widely watched pieces of Canadian economic data: consumer-price inflation for July, and retail-sales figures for June.
Sterne Agee CRT analyst Sam Poser applauded Skechers USA Inc.'s move to split its stock 3 for 1, saying it will "increase the liquidity of the stock and make the stock more attractive to larger investors."
Symantec Corp. was upgraded to equal-weight and its price target raised to $24 at Morgan Stanley on Friday on optimism that risks related to the company's restructuring plan have been priced into the stock.
With the 10th anniversary of Hurricane Katrina approaching, Wal-Mart is announcing a $25 million, five-year commitment to support disaster recovery efforts around the world.
VirnetX Holding Corp. is not waiting to gather buying interest before selling its shares, as it filed for an at-the-market offering of up to $35 million worth of its common stock.
Analysts at J.P. Morgan believe that excitement surrounding AMC Network's latest spin-off "Fear the Walking Dead" is enough to bump the network's price target to $87 from $81. "We believe the series premiere on Sunday of the new series and next five episodes in the first season will likely have strong ratings given the passionate viewer base for the original series 'The Walking Dead,' which drew an impressive 14.4 million average total viewers in its recent fifth season," J.P. Morgan analyst Alexia Quadrani said in a note.
U.S. auto safety regulators are investigating reports that air bags on some older Honda Accords may not inflate in a crash.
Skechers USA Inc. said Friday its board has approved a 3-for-1 stock split of its Class A and Class B common stock that will be conducted in the form of a stock dividend.
Deere & Co. (DE) on Friday reported fiscal third-quarter profit of $511.6 million.