FOX News: Business

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Updated: 25 min 44 sec ago

Bank of America Reveals 3Q EPS Beat

Wed, 10/15/2014 - 7:07am
The nation's No. 2 bank by assets posted a smaller third-quarter loss than Wall Street expected, and revealed a top-line beat.
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PNC Financial Posts Rise In Quarterly Earnings; Revenue Above Expectations

Wed, 10/15/2014 - 7:04am
PNC Financial Services Group Inc. on Wednesday posted third-quarter net income of $1.04 billion, or $1.79 a share, compared with $1.03 billion, or $1.77 a share, in the year-earlier period.
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US producer prices expected to rise 0.1 percent in September as inflation remains tame

Wed, 10/15/2014 - 7:02am
The Labor Department reports on U.S. producer price inflation in September.
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Hailo Network pulling out of app-driven taxi service in US

Wed, 10/15/2014 - 7:02am
New York City taxi riders have one less way to hail a cab.
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KeyCorp Misses On Earnings And Revenue

Wed, 10/15/2014 - 6:52am
KeyCorp reported earnings and revenue that fell short of Wall Street expectations.
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Shire: AbbVie should proceed with $55 billion combination of the 2 drugmakers

Wed, 10/15/2014 - 6:44am
The drugmaker Shire wants AbbVie to stick with its roughly $55 billion acquisition bid, and it is reminding its U.S. counterpart of the hefty breakup fee it will receive if things don't work out.
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Hazmat-suit Makers Resume Rally; New Ebola Case In Dallas

Wed, 10/15/2014 - 6:31am
Shares of companies that have recently rallied on Ebola fears were surging once again in premarket trading on Wednesday.
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BlackRock Profit Jumps 26%, Beats Views

Wed, 10/15/2014 - 6:28am
BlackRock Inc. on Wednesday reported a 26% rise in third-quarter profit, with net income rising to $917 million from $730 million in the same quarter last year.
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US business stockpiles likely showed further gain in August

Wed, 10/15/2014 - 6:17am
The Commerce Department reports on business stockpiles in August.
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Statoil CEO Lund steps down after 10 years, joins British oil and gas firm BG Group

Wed, 10/15/2014 - 5:47am
Helge Lund, the CEO of Norwegian oil and gas company Statoil, has resigned after 10 years in charge of the government-controlled company.
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Second Texas Health-care Worker Tests Positive For Ebola

Wed, 10/15/2014 - 5:20am
A second health-care worker in Texas has been tested positive for the deadly virus Ebola, the Texas Department of State Health Services said on its website on Wednesday.
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UK unemployment rate drops to 6 percent, lowest rate since 2008

Wed, 10/15/2014 - 5:15am
Britain's unemployment rate dropped to 6 percent for the June to August period, down from 6.4 percent in the three months before and the lowest rate since 2008.
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Qualcomm To Buy CSR In $2.5 Billion Deal

Wed, 10/15/2014 - 3:04am
Qualcomm Inc. said Wednesday that it has offered to buy U.K. chip maker CSR PLC in a $2.5 billion (1.56 billion pounds) deal.
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Cruise company Carnival mulls ship building joint venture with Fincantieri, Chinese company

Wed, 10/15/2014 - 1:43am
Cruise ship company Carnival Corp. says it's exploring the possibility of a ship building joint venture with a state-owned Chinese company and Italy's Fincantieri.
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Asian stock markets rise as slump in energy prices promises economic boost

Wed, 10/15/2014 - 1:13am
Asian stock markets were mostly higher Wednesday as a slump in energy prices promised benefits for the region's major economies.
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Whole Foods to roll out 'responsibly grown' rankings for fruits, vegetables

Wed, 10/15/2014 - 12:02am
Whole Foods on Wednesday plans to start rolling out a system that ranks fruits and vegetables as "good," ''better" or "best" based on the supplier's farming practices.
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Long-term jobless programs get $170 million in Obama administration grants

Wed, 10/15/2014 - 12:00am
The Obama administration is announcing $170 million in grants divided among 23 work projects across the country that aim to reduce the number of long-term unemployed Americans.
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Asia Stocks: Latest Quotes

Tue, 10/14/2014 - 11:29pm
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) down 0.1% ; Hong Kong (Hang Seng Index) up 0.8% ; Shanghai (Shanghai Composite Index) up 0.4% ; Sydney (S&P/ASX 200) up 0.5% ; Seoul (Kospi) down 0.1%; Taipei (Taiex) down 1% Copyright © 2014 MarketWatch, Inc.
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Ebola fears expected to impact participation at major China international trade fair

Tue, 10/14/2014 - 10:51pm
Organizers say concern about the spread of the Ebola virus is expected to impact attendance at China's largest international trade fair, which kicks off Wednesday.
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South Korea's central bank cut key interest rate to record low of 2 percent

Tue, 10/14/2014 - 10:31pm
South Korea's central bank has lowered its key interest rate to a record low as it tries to bolster a fragile economic recovery.
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