FOX News: Business

Syndicate content FOX Business - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
Updated: 16 min 6 sec ago

Russian Track And Field Athletes To Miss Rio Olympics After Court Upholds Ban

Thu, 07/21/2016 - 6:00am
Russian track and field athletes have lost an appeal to let them compete in the 2016 Rio Olympics after the Court of Arbitration for Sport on Thursday upheld a ban.
Categories: FOX News

Musk 'Master Plan' Expands Tesla into Trucks and Buses

Thu, 07/21/2016 - 4:48am
Tesla Motors Chief Executive Elon Musk Wednesday unveiled an ambitious plan to expand the company into electric trucks and buses, car sharing and solar energy systems.
Categories: FOX News

Komatsu to Buy Mining Equipment Maker Joy Global for $2.9B

Thu, 07/21/2016 - 4:31am
Japan's Komatsu has agreed to buy U.S. mining equipment manufacturer Joy Global for about $2.9 billion.
Categories: FOX News

Crude Rises After 9th Weekly Stock Drawdown in U.S.

Thu, 07/21/2016 - 3:58am
Oil prices moved slightly higher on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks, although an overall build in oil inventories capped gains.
Categories: FOX News

ECB Facing Gathering Clouds but Will Hold Fire for Now

Thu, 07/21/2016 - 3:31am
The European Central Bank is all but certain to keep rates firmly on hold on Thursday but will have to address obstacles that threaten once again to derail its efforts to revive growth and inflation.
Categories: FOX News

Komatsu Agrees To Buy Joy Global In $2.89 Billion Deal

Thu, 07/21/2016 - 3:10am
Komatsu Ltd. has agreed to buy U.S. mining-equipment maker Joy Global Inc. in a $2.89 billion deal.
Categories: FOX News

Trouble at CalPERS

Thu, 07/21/2016 - 12:05am
Pension fund CalPERS struggles for returns in a low-rate world
Categories: FOX News

Select Comfort Shares Deflate As Revenue Misses Wall Street Target

Wed, 07/20/2016 - 5:59pm
Select Comfort Corp. shares fell in the extended session Wednesday after the maker of Sleep Number beds topped Wall Street expectations on earnings but not on revenue.
Categories: FOX News

Intel Misses Revenue From PC Decline

Wed, 07/20/2016 - 4:32pm
Intel Corp reported a 2.6 percent rise in quarterly revenue, boosted by strong sales of its microchips that power data centers and Internet-connected devices.
Categories: FOX News

eBay Revenue Rises From Online Revamp Effort

Wed, 07/20/2016 - 4:29pm
EBay Inc reported a 5.7 percent increase in quarterly revenue as its efforts to revamp its online marketplace start to pay off.
Categories: FOX News

EBay Shares Soar Amid Earnings Beat, Further Stock Buybacks

Wed, 07/20/2016 - 4:26pm
eBay Inc. shares jumped Wednesday afternoon after the e-commerce company announced a slight earnings beat and additional stock repurchases.
Categories: FOX News

American Express Gets a Profit Boost From Higher Spending Customers

Wed, 07/20/2016 - 4:23pm
Credit card issuer American Express Co reported a 37 percent rise in quarterly profit, driven by higher spending by its customers and lower expenses due to a sale of its loan portfolio.
Categories: FOX News

Qualcomm Earnings Bounce Back, Stock Gains

Wed, 07/20/2016 - 4:20pm
After a huge drop in profit the previous quarter, Qualcomm Inc. bounced back with gains according to a Wednesday earnings report, and shares gained more than 5% in late trading.
Categories: FOX News

Qualcomm Revenue Rises From Snapdragon Processor Demand

Wed, 07/20/2016 - 4:19pm
Qualcomm Inc reported a 3.6 percent rise in quarterly revenue, driven by strong demand for its flagship Snapdragon processors used in smartphones.
Categories: FOX News

American Express Shares Rise After Company Beat EPS Expectations

Wed, 07/20/2016 - 4:17pm
American Express Co. shares rose nearly 2% late Wednesday as the credit card company surpassed earnings expectations.
Categories: FOX News

Intel's Quarterly Earnings Beat Expectations While Revenue Falls Short

Wed, 07/20/2016 - 4:15pm
​Shares of Intel Corp. slid in Wednesday's extended session after the semiconductor giant's quarterly earnings beat while revenue missed expectations slightly.
Categories: FOX News

Barbie's Expansion Powers Mattel Earnings

Wed, 07/20/2016 - 2:14pm
Mattel Inc, the largest U.S. toymaker, reported better-than-expected quarterly sales, driven by strong demand for its flagship Barbie dolls.
Categories: FOX News

Gold Futures Finish At a Three-week Low

Wed, 07/20/2016 - 2:06pm
Gold futures settled lower Wednesday, at their lowest level in about three weeks, as some strength in the U.S. dollar and equities drew investors' attention away from the precious metal.
Categories: FOX News

Kroger Expands Specialty Pharmacy Business With Merger Of Axium Pharmacy And Modern HC Holdings

Wed, 07/20/2016 - 12:48pm
Kroger Co. said Wednesday that Axium Pharmacy Holdings will acquire Modern HC Holdings to create a combined specialty pharmacy that will operate as a wholly-owned Kroger subsidiary.
Categories: FOX News

Facebook Stock Hits a High as Messenger App Reaches 1 Billion Users

Wed, 07/20/2016 - 12:25pm
Facebook Inc's Messenger has more than 1 billion users, the social media company said on Wednesday, making it one the world's top three apps just two years after it was split off from Facebook's main app, which is by far and away the most popular.
Categories: FOX News