FOX News: Business

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Updated: 42 min 30 sec ago

Kimberly-Clark to eliminate up to 1,300 jobs as part of restructuring efforts

Tue, 10/21/2014 - 9:49am
Kimberly-Clark plans to eliminate up to 1,300 jobs as part of restructuring efforts aimed at reducing costs and making its business more efficient.
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Total Opens 1.4% Higher; CEO Death Brews Uncertainty

Tue, 10/21/2014 - 9:45am
U.S.-listed shares of France's Total SA rose Tuesday, a day after CEO Christophe de Margerie died in a plane crash in a Russian airport.
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US stocks open higher as companies report solid quarterly earnings; Apple, Harley-Davidson up

Tue, 10/21/2014 - 9:32am
Stocks are opening higher after several big companies reported results that pleased investors.
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5 problems McDonald's is facing in the US

Tue, 10/21/2014 - 9:28am
Times are getting leaner for McDonald's.
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Total CEO Killed in Moscow as Jet Hits Snow Plow

Tue, 10/21/2014 - 9:22am
The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plow as it was taking off from Moscow's Vnukovo airport on Monday night.
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Harley-Davidson results top view, outlook unchanged

Tue, 10/21/2014 - 9:17am
Harley-Davidson Inc (NYSE:HOG) reported stronger-than-expected quarterly financial results on Tuesday, lifted by increased motorcycle sales in key markets, including the United States.
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Verizon posts higher 3rd-quarter net income, higher revenue

Tue, 10/21/2014 - 9:11am
Verizon Communications Inc. on Tuesday reported lower net income but higher revenue in its third quarter, helped by strong wireless subscriber growth and demand for its FiOS Internet services.
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Kimberly-Clark Revenue Rises on Strong International Sales

Tue, 10/21/2014 - 8:56am
Personal care products maker Kimberly-Clark Corp reported a 3.4 percent rise in quarterly revenue, helped by strong sales in international markets such as Brazil, China, South Africa and Vietnam.
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Lockheed Sees Foreign Sales Reaching 20% Global by Year End

Tue, 10/21/2014 - 8:52am
Lockheed Martin Corp expects international sales to reach a target of 20 percent of revenues by the end of this year, and growing further in coming years, Bruce Tanner, the company's chief financial officer, told reporters on Tuesday.
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CVS Health stretches anti-tobacco push to new prescription drug network

Tue, 10/21/2014 - 8:49am
First, CVS Health pulled tobacco from its store shelves.
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EU fines JPMorgan, UBS, Credit Suisse total $120 million

Tue, 10/21/2014 - 8:48am
The European Commission fined JPMorgan,  and Credit Suisse a total of 94 million euros ($120 million) on Tuesday for taking part in cartels in the financial sector.
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McDonald's profit, sales decline amid ongoing struggles around the world

Tue, 10/21/2014 - 8:28am
McDonald's says its profit and sales declined as the world's biggest hamburger chain saw customer traffic fall around the world.
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Three Banks To Be Fined By EU For Libor-rigging: Report

Tue, 10/21/2014 - 8:25am
Three large investment banks will be fined $115 million collectively by the European Union for rigging the Swiss franc Libor benchmark, according to a Reuters
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Sex trafficking victims sue website; say it helps promote exploitation of children

Tue, 10/21/2014 - 8:16am
The Washington Supreme Court is set to hear arguments in a case filed by three sex trafficking victims who say the website helps promote the exploitation of children.
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Democrats in tight races are delighted to see the minimum wage issue on the ballot

Tue, 10/21/2014 - 8:15am
As Democrats across the country make an election-year push to raise the minimum wage, they often point to fast food workers, baristas and others who are struggling to raise families, pay rent or get through school — some on as little as $7.25 per hour.
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McDonald’s Mixed in 3Q, Revenue Drops 30%

Tue, 10/21/2014 - 8:03am
The world's biggest burger chain posted a 30% drop in quarterly profit, dented by a food scandal in China, and intense competition in the United States.
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Camel maker Reynolds' profit rises as higher cigarette prices offset declines in volume

Tue, 10/21/2014 - 8:01am
Higher cigarette prices helped Camel cigarette maker Reynolds American Inc.'s net income rise 2.2 percent in its third quarter.
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Euro Slides After Report The ECB Mulls Corporate Bond Buys

Tue, 10/21/2014 - 7:51am
European stock markets rallied and the euro dropped on Tuesday after reports said the European Central Bank may start buying corporate bonds on the secondary market.
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Coca-Cola Earnings, Revenue Fall in 3Q, Unveils Cost-Cutting Plan

Tue, 10/21/2014 - 7:50am
Coca-Cola posted declining earnings and revenue in the third quarter, and unveiled a new cost-cutting plan to reduce $3 billion per year by 2019.
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Verizon Profit Falls Shy Of Estimates, While Sales Rise In Line

Tue, 10/21/2014 - 7:49am
Verizon Communications reported a third-quarter profit attributable to the company of $3.79 billion, or 89 cents a share, compared with earnings of $2.23 billion, or 78 cents a share, in the year-earlier period.
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