FOX News: Business

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Updated: 23 min 52 sec ago

Johnson Controls, Tyco Confirm Merger

Mon, 01/25/2016 - 8:24am
Johnson Controls Inc. and Ireland-based Tyco International PLC confirmed a deal to merge, creating a company with a combined market capitalization of $36 billion.
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Valeant CEO 'on The Road To Recovery' After Longer-than-expected Hospital Stay

Mon, 01/25/2016 - 8:14am
Valeant Pharmaceuticals International Inc. Chief Executive Michael Pearson said Monday that unexpected complications have resulted in a longer hospital stay than he expected.
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D.R. Horton Profit Beats Estimates

Mon, 01/25/2016 - 8:08am
Homebuilder D.R Horton Inc. said Monday it had net income of $157.7 million, or 42 cents a share, in its fiscal first quarter, up from $142.5 million, or 39 cents a share, in the year-earlier period.
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Ford to Exit All Operations in Japan, Indonesia This Year

Mon, 01/25/2016 - 6:44am
Automaker Ford Motor said on Monday it will close all operations in Japan and Indonesia this year as it sees "no reasonable path to profitability" in the two countries.
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Business Economists Expect Slower Sales, Economic Growth

Mon, 01/25/2016 - 6:17am
Business economists are more pessimistic about their firms' future sales and profits than they were last fall, and more predict slower economic growth, a survey found.
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Alibaba Revenue Growth Seen Slowest on Record; to Intensify Fight with

Mon, 01/25/2016 - 6:07am
Chinese e-commerce giant Alibaba Group Holding is expected to post its weakest quarterly revenue growth on record.
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Oil Falls 4% on Swelling Oversupply

Mon, 01/25/2016 - 5:59am
Oil prices fell 4 percent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market, wiping out much of the gain made in one of the biggest-ever daily rallies last week.
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China Shares End Modestly Higher as Oil Holds Gains

Mon, 01/25/2016 - 5:26am
Chinese shares began the week on a firmer note on Monday, extending gains from Friday after a rally in battered oil prices sparked a rise in global equities.
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New York Flights Pick Up After Rash of Cancellations Amid Blizzard

Mon, 01/25/2016 - 5:14am
Arriving and departing flights at New York City area airports gained steam early on Sunday evening after the worst U.S. East Coast snowstorm in decades resulted in a deluge of cancellations and delays
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New York Rebounds After Blizzard, Washington Shuts Down Government

Mon, 01/25/2016 - 5:01am
New York City emerged on Sunday from a massive blizzard that paralyzed much of the U.S. East Coast, while snowy gridlock gripped the nation's capital and surrounding areas, where federal, state and local offices planned to remain closed on Monday.
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Top Twitter Executives to Leave Company, CEO Dorsey Tweets

Mon, 01/25/2016 - 4:46am
Four senior Twitter executives are leaving the media company, CEO Jack Dorsey tweeted late Sunday night, the biggest leadership changes since Dorsey returned as chief executive as he struggles to revive the company's growth
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Nikkei Rises Nearly 1% to Highest in a Week

Mon, 01/25/2016 - 4:32am
Japanese stocks rose on Monday after a sharp rebound in crude oil prices helped global market sentiment, but traders cautioned that the gains could be a temporary, technical bounce rather the start of a sustainable recovery.
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Weekend Storm Economic Hit Not as Bad as Feared

Mon, 01/25/2016 - 4:14am
The weekend blizzard along the East Coast could have a relatively small economic impact -- up to $850 million, experts estimate -- because the storm hit on a weekend and there weren't any major power outages. That meant there was little lost productivity in government and business.
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Microsoft Blames Surface Tablets' Malfunction on "Network," Not Hardware

Mon, 01/25/2016 - 3:51am
First, NFL announcers called them "iPads." When they finally called them by the correct name, the Microsoft Surface was malfunctioning on the sidelines of the AFC championship game as millions watched.
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Johnson Controls, Tyco Intl. in Talks to Combine-Rpt

Sun, 01/24/2016 - 4:03pm
Johnson Controls is in advanced talks to combine with Tyco International, according to people familiar with the matter, in a deal that could be valued as high as $20 billion.
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New York City Bridges and Tunnels to Close Due to Snow

Sat, 01/23/2016 - 2:33pm
All bridges and tunnels into New York City operated by the Port Authority of New York and New Jersey will close on Saturday afternoon because of blizzard conditions in the metropolitan area, New York Governor Andrew Cuomo said.
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Blizzard for Record Books Paralyzes New York and Washington

Sat, 01/23/2016 - 2:18pm
A blizzard that has paralyzed much of the U.S. East Coast intensified on Saturday, bringing Washington to a standstill and forcing the closure of roads, bridges and tunnels into New York until Sunday morning.
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American Express's Stock Cuts Dow's Gain By More Than 50 Points

Fri, 01/22/2016 - 5:57pm
American Express Co.'s stock , which suffered the biggest-ever price decline in the 44 years it has traded publicly, according to FactSet data, took more than 50 points away from the Dow Jones Industrial Average's gain.
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Week Ahead: No Action Expected at FOMC Meeting

Fri, 01/22/2016 - 5:13pm
The Federal Reserve will meet next week for the first time since raising interest rates off their rock-bottom lows in December, but policy makers won’t be raising rates again. A reading on fourth quarter GDP is also due.
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OPEC Oil Output Falls 130,000 Barrels a Day In December: Platts

Fri, 01/22/2016 - 4:38pm
Oil production from the Organization of the Petroleum Exporting Countries fell by 130,000 barrels a day in December from a month earlier, to 32.28 million barrels a day, according to a Platts survey of OPEC oil industry officials and analysts released Friday.
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