FOX News: Business

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Updated: 42 min 2 sec ago

Swiss agency approves trial for experimental Ebola vaccine

Tue, 10/28/2014 - 6:18am
The Swiss agency that regulates new drugs has approved the application for a clinical trial with an experimental Ebola vaccine at the Lausanne University Hospital.
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Lloyds Banking Group to cut 9,000 jobs, close 200 branches in efficiency bid

Tue, 10/28/2014 - 5:31am
Britain's Lloyds Banking Group says it will eliminate 9,000 jobs over the next three years and shut some 200 branches in a bid to improve efficiency.
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Global stocks mostly higher as markets watch US Fed meeting for signs of interest rate changes

Tue, 10/28/2014 - 5:15am
Global stocks were mostly higher Tuesday as investors looked ahead to this week's U.S. Federal Reserve meeting.
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French drugmaker Sanofi says net profit slips in 3rd quarter on higher restructuring costs

Tue, 10/28/2014 - 3:15am
Sanofi's net profit slipped 2.4 percent in the third quarter as the maker of the Lantus diabetes treatment booked a higher charge for restructuring at its French operations.
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Swiss bank UBS posts 32 percent gain in 3Q profit but warns of intensifying global challenges

Tue, 10/28/2014 - 3:12am
Swiss banking giant UBS AG is reporting a third-quarter net profit of 762 million Swiss francs ($803 million), up 32 percent from the comparable period a year ago based on solid returns from its investment banking and wealth management.
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Swiss drug maker Novartis posts 45 percent 3Q profit rise

Tue, 10/28/2014 - 3:01am
Swiss pharmaceutical giant Novartis AG has posted a 45 percent rise in net profit in the third quarter, boosted by strong sales of new products such as Gilenya for multiple sclerosis and the leukemia drug Tasigna.
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Honda quarterly profit up on weak yen, despite some vehicle sales woes; lowers profit forecast

Tue, 10/28/2014 - 2:47am
Honda's net profit for the July-September quarter surged nearly 18 percent but the Japanese automaker lowered its earnings forecast for the full year, pointing to difficulties in its home Japan market.
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Australia Bans Visas For Those From Ebola-hit Nations

Tue, 10/28/2014 - 1:10am
Australia has halted all visas to travelers from West African nations suffering from the Ebola outbreak, Reuters quoted Immigration Minister Scott Morrison as saying Tuesday.
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GM to move production of Chevrolet Volt part to US from Mexico

Tue, 10/28/2014 - 12:04am
General Motors is moving production of a critical component in the Chevrolet Volt from Mexico to Michigan.
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Officials: Chemical company chooses Illinois over Iowa for $1.4B fertilizer plant, Chicago HQ

Mon, 10/27/2014 - 11:46pm
A chemical company has chosen a site in eastern Illinois over one in Iowa for a $1.4 billion fertilizer plant, and plans to establish its U.S. headquarters in Chicago, two officials familiar with the decision said Monday.
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Asia Stocks: Latest Quotes

Mon, 10/27/2014 - 10:13pm
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) down 0.6% ; Hong Kong (Hang Seng Index) up 0.5% ; Shanghai (Shanghai Composite Index) up 0.7% ; Sydney (S&P/ASX 200) down 0.4% ; Seoul (Kospi) down 0.2% Taipei (Taiex) up 1.5%
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Hong Kong Stocks Pare Previous Day's Losses

Mon, 10/27/2014 - 10:03pm
Hong Kong stocks made a move to the upside Tuesday morning, with the Hang Seng Index rising 0.6%, almost erasing the previous session's 0.7% loss on the back of disappointment over the delay in direct share trading between Hong Kong and Shanghai.
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Madison Square Garden Co. says it's considering splitting into 2 publicly traded companies

Mon, 10/27/2014 - 9:22pm
The Madison Square Garden Co. said Monday it's considering a plan to split off its entertainment businesses from its media and sports divisions.
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Japan Stocks Slip, With Canon Falling On Earnings

Mon, 10/27/2014 - 8:25pm
Japanese stocks shimmied lower in early Tuesday action, with earnings in focus as a mixed U.S. lead and a flat yen (at �107.89 to the dollar ) did no special favors for the market.
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Australia Stocks Edge Lower On Weak Miners

Mon, 10/27/2014 - 7:30pm
Australian stocks eased off of their six-week highs to trade mildly lower early Tuesday, with the S&P/ASX 200 down 0.1%, weighed in large part by the resource shares.
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US sues NYC, saying millions of dollars were obtained through false Medicaid claims

Mon, 10/27/2014 - 6:31pm
The federal government has sued New York City, saying it ripped off Medicaid for millions of dollars by submitting tens of thousands of false claims.
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Federal regulators cut Maine's elver fishing quota by 18 percent to allow the stock to rebuild

Mon, 10/27/2014 - 6:07pm
Federal regulators have cut Maine fishermen's quota for elvers by nearly 18 percent to allow the stock of the lucrative baby eels to rebuild.
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Telecom companies shares up at the close of trading

Mon, 10/27/2014 - 6:06pm
Shares of some top telecom companies were up at the close of trading: AT&T Inc. rose $.24 or .7 percent, to $34.11.
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Restaurant companies shares mixed at the close of trading

Mon, 10/27/2014 - 6:06pm
Shares of some top restaurant companies were mixed at the close of trading: Brinker International Inc. rose $.20 or .4 percent, to $51.48.
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Internet companies shares mixed at the close of trading

Mon, 10/27/2014 - 6:06pm
Shares of some top internet companies were mixed at the close of trading: Amazon rose $2.91 or 1.0 percent, to $289.97.
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