FOX News: Business

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Updated: 26 min 31 sec ago

Hong Kong Stocks Pull Back After China Housing Data

Sun, 05/17/2015 - 11:07pm
Hong Kong stocks saw their losses widen Monday morning after China's new home prices extended their downtrend in April.
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Asia Stocks: Latest Quotes

Sun, 05/17/2015 - 10:14pm
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average ) up 0.4% ; Hong Kong (Hang Seng Index ) down 0.6% ; Shanghai (Shanghai Composite Index ) down 0.3% ; Sydney (S&P/ASX 200 ) down 0.6% ; Seoul (Kospi ) down 0.1% ; Taipei (Taiex ) down 0.2% Copyright © 2015 MarketWatch, Inc.
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Japan Stocks Head Higher, With NTT, Dai-ichi Life Rising

Sun, 05/17/2015 - 8:37pm
Japanese stocks rattled higher in early Monday trade, helped by strong performances from select blue chips, with the Nikkei Average up 0.4% in the first 15 minutes of the morning session, extending the benchmark's 0.8% advance Friday.
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Fire breaks out for second time in a week at site of green-energy project Masdar in Abu Dhabi

Sun, 05/17/2015 - 5:43am
The company behind a high-profile green-energy technology community in Abu Dhabi says a fire has broken out on the site for the second time in a week.
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Revamped 2016 Chevrolet Camaro drops 200 lbs. and shrinks a little to get lighter, more nimble

Sat, 05/16/2015 - 4:31pm
For almost 50 years, gearheads have swooned over the Chevrolet Camaro for its muscular looks, throaty exhaust and high-horsepower engines.
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Danish industrial designer Jacob Jensen whose work for B&0 made him famous, dies at age 89

Sat, 05/16/2015 - 8:55am
Danish industrial designer Jacob Jensen, who gave ultramodern, minimalist forms to high-end products including consumer electronics and kitchenware, has died.
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INSIDE WASHINGTON: Insurers pass health law tax along to states, could cost $13B by 2023

Sat, 05/16/2015 - 8:53am
A tax on health insurers is helping pay for President Barack Obama's health care overhaul.
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US agencies say decade-old Gulf oil leak could persist 100 years or more if unchecked

Sat, 05/16/2015 - 3:33am
For more than a decade, oil has been leaking into the Gulf of Mexico where a hurricane toppled a drilling company's platform off the coast of Louisiana.
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Menendez: Amtrak crash should be 'crystallizing' moment for Congress on transit funding

Fri, 05/15/2015 - 10:06pm
New Jersey's two U.S. senators renewed the call Friday for long-term funding for rail improvements they said are desperately needed to ensure safety and economic competitiveness.
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Fitch Ratings joins Moody's, Standard & Poor's in passing judgment on Chicago's finances

Fri, 05/15/2015 - 9:14pm
Fitch Ratings is the latest agency to weigh in on Chicago's credit worthiness, setting the city's debt rating above the junk status given by Moody's Investors Service.
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Brewing state budget deal spares health program, ups school spending while deferring tax cuts

Fri, 05/15/2015 - 9:06pm
Minnesota's legislative leaders announced late Friday that they were closing in on a sweeping deal for a new two-year budget that pumps more than $400 million into public schools and preserves a health care program for the working poor, but likely leaves a transportation funding plan and a package of tax cuts until next year.
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Judge: More than 2,000 Pennsylvania McDonald's workers can sue over costly payroll cards

Fri, 05/15/2015 - 6:54pm
A northeastern Pennsylvania judge has ruled that more than 2,000 people can take the owners of 16 McDonald's restaurants to court over their practice of paying employees with fee-laden debit cards.
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John Paulson Takes Stake In AIG, Dumps Alibaba

Fri, 05/15/2015 - 5:58pm
Billionaire John Paulson's hedge fund bought more than 14.6 million shares of insurer American International Group in the first quarter, while liquidating its position in Chinese e-commerce giant Alibaba , according to a regulatory filing.
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FAO Schwarz To Close Its Iconic Manhattan Store

Fri, 05/15/2015 - 5:55pm
Toys "R" Us Inc., which bought FAO Schwarz in 2009, said it will close its iconic FAO Schwarz Fifth Avenue location on July 15 to realize "meaningful" rent savings.
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Obama renews executive authority for US sanctions on Myanmar for another year

Fri, 05/15/2015 - 5:50pm
President Barack Obama has renewed for a year his authority to maintain U.S. sanctions against Myanmar.
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Emera Maine shifts leadership; Alan Richardson becomes president

Fri, 05/15/2015 - 5:43pm
Emera Maine is making some shifts in its leadership.
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Soros Takes Stakes In Homebuilders Lennar, D.R. Horton

Fri, 05/15/2015 - 5:41pm
Billionaire George Soros took stakes in homebuilders Lennar Corp. and D.R. Horton Inc. in the first quarter, according to a regulatory filing on Friday.
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FDA experts cite design, cleaning flaws with medical scopes, but back their continued use

Fri, 05/15/2015 - 5:39pm
Federal health experts say there are a host of problems with the design and cleaning instructions for specialized medical scopes recently linked to a series of bacterial outbreaks in hospitals nationwide.
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Toys R Us will close famed FAO Schwarz store in July, but plans to seek another NYC location

Fri, 05/15/2015 - 5:27pm
Toys R Us is closing its iconic FAO Schwarz store, citing the high and rising costs of running the retail space on New York City's pricey Fifth Avenue.
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