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: 23 min 41 sec ago
Stock markets across the Gulf Arab region and other parts of the Middle East have closed slightly lower, an expected tumble that began as markets opened after Saudi Arabia launched airstrikes overnight on neighboring Yemen.
Maersk Line says it has ordered seven ice-class container vessels from Chinese shipyard COSCO as a first step in a $15 billion investment program.
Republic Steel has announced it is temporarily laying off 200 workers from its Lorain plant in northeastern Ohio.
Cyprus' Energy Ministry says an Italian-South Korean consortium has failed to find natural gas at a second offshore site where it has carried out exploratory drilling.
When Kraft Foods Group merges with H.J. Heinz Co, they will share a name, a central place in the American kitchen and two headquarters near Chicago and Pittsburgh.
Canadian yogawear retailer Lululemon Athletica forecast earnings and revenue below analysts' expectations, saying it would spend more on innovation to drive sustainable growth.
The co-pilot of the Germanwings airliner that crashed in the French Alps killing all 150 people aboard appears to have brought the A320 Airbus down deliberately, the Marseille prosecutor said on Thursday.
Fewer people sought U.S. unemployment benefits last week, evidence that strong hiring should continue despite signs of slower economic growth at the start of 2015.
The number of people who applied for U.S. unemployment benefits fell by 9,000 to 282,000 in the seven days from March 15 to March 21, indicating that companies are holding onto their workers despite what appears to be a marked slowdown in first-quarter growth.
ConAgra Foods Inc. (CAG) on Thursday reported a fiscal third-quarter loss of $952.7 million, after reporting a profit in the same period a year earlier.
The number of Americans filing for first-time unemployment benefits fell more than expected last week, to the lowest level since mid-February, pointing to a healthy and expanding labor market.
Flash-memory chip maker SanDisk is cutting its fiscal first-quarter revenue forecast partly because of lower-than-expected sales of enterprise products and lower pricing in some areas of the business.
Shell U.K. says it will cut at least 250 staff and contractors in the North Sea, amid sharp drops in the price of oil.
U.S. crude oil prices soared on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen, which sits on a key shipping passage between Europe and the Arab Gulf.
U.S. equity futures were trading deep in negative territory Thursday with tech and biotech stocks threatening to drag the market lower for a second day.
ConAgra Foods Inc.'s stock rallied 1.6% in premarket trade Thursday, after the packaged food company reported a better-than-expected fiscal third-quarter profit and provided an upbeat full-year outlook.
The whistle sounds.
By day, Tanya Lemon was a 35-year-old single mother who took care of her four children.
Utah Gov. Gary Herbert has approved a bill that would overrule Salt Lake City's mandate that restaurants allow cyclists in drive-thru lanes.
Kansas is poised to join a handful of other states that allow their residents to carry concealed firearms without a permit after the Legislature gave final approval Wednesday to a bill backed by the National Rifle Association.