FOX News: Business

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Updated: 23 min 8 sec ago

Feds: Ex-coach stole $91,000 from charity he started after a player of his died of cancer

Fri, 08/21/2015 - 1:25pm
A former high school baseball coach has been charged with stealing $91,000 from a charity for terminally ill children that he founded after one of his players died of cancer.
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Judge indicates she'll allow anti-abortion group to release of video of fetal tissue firm

Fri, 08/21/2015 - 1:20pm
A Los Angeles judge says free speech rights should allow an anti-abortion group to release secretly recorded videos of discussions with a California company that provides fetal tissue for research.
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Novartis will buy potential MS drug from GlaxoSmithKline in deal that could top $1B

Fri, 08/21/2015 - 1:05pm
Swiss drugmaker Novartis is buying a potential once-a-month multiple sclerosis drug from GlaxoSmithKline and could pay more than $1 billion in the latest deal between the two companies.
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Chicago O'Hare diagonal runway at center of noise complaints is closed for safety reasons

Fri, 08/21/2015 - 1:01pm
A runway at Chicago's O'Hare International Airport that has been at the center of a fight over jet noise is closed.
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Whiskey named after Tennessee moonshiner introduces new bottle after Jack Daniel's legal flap

Fri, 08/21/2015 - 12:44pm
A white whiskey named after a legendary Tennessee moonshiner is introducing a new bottle after a legal dispute over similarities to Jack Daniel's shape and design.
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Merger of Mid Coast and Parkview Adventist hospitals in Brunswick, Maine is approved

Fri, 08/21/2015 - 12:30pm
A bankruptcy judge says two Brunswick, Maine, hospitals can merge.
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Deere Tries to Plow Through Farming Downturn

Fri, 08/21/2015 - 12:15pm
Deere has called it the worst downturn for North American large farm equipment in 25 years, and the tractor maker is still searching for signs of a recovery.
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In wake of Ashley Madison data release, experts warn of risks related to online personal data

Fri, 08/21/2015 - 12:05pm
The Ashley Madison hack is a big reminder to all Web users: If you submit private data online, chances are it will never fully be deleted.
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Treasury's Lew Warns China That U.S. Is Watching China Currency Regime 'closely'

Fri, 08/21/2015 - 11:50am
Treasury Secretary Jacob Lew on Friday spoke with China's Vice Premier Wang Yang and told him the Obama Administration is watching closely how China implements its new foreign exchange regime, a Treasury spokesperson said Friday.
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Greece's Syriza Party Splits

Fri, 08/21/2015 - 11:46am
Greece's governing Syriza party split on Friday as rebels against Prime Minister Alexis Tsipras's bailout deal with Europe decided to form a new movement to fight elections expected in September.
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Nasdaq Composite On Course For Worst Four-day Selloff In Nearly 4 Years

Fri, 08/21/2015 - 11:39am
The Nasdaq Composite slid 2.2% in midday trade Friday, to the lowest level since Feb. 10.
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VIX 'Fear Index' Sees Biggest Weekly Jump Ever

Fri, 08/21/2015 - 11:35am
The CBOE Volatility Index jumped Friday to levels not seen since January, and was on track for its largest ever weekly percentage jump as a broad selloff in stocks continued for a fourth straight session.
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Ascena Retail Group completes approximately $2 billion acquisition of Ann

Fri, 08/21/2015 - 11:32am
The Ascena Retail Group on Friday completed its approximately $2 billion acquisition of the owner of Ann Taylor and Loft.
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North Carolina unemployment rate worsens for 5th straight month to 5.9 percent in July

Fri, 08/21/2015 - 11:31am
North Carolina's unemployment rate rose for the fifth straight month in July to 5.9 percent as nearly 12,000 fewer people held jobs, the state Commerce Department said Friday.
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Dover sues New Hampshire over cap on state aid to schools, says it violates constitution

Fri, 08/21/2015 - 11:30am
The city of Dover is suing New Hampshire over the state's cap on aid to schools, saying the limit violates a constitutional requirement that it fund an "adequate education" for every child.
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Maine's unemployment rate dips slightly in July to 4.6 percent; national rate 5.3 percent

Fri, 08/21/2015 - 11:29am
Maine officials say the unemployment rate was 4.6 percent in July and was little changed from the month before.
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Altria Group increases dividend by 8.7 percent to 56.5 cents per share

Fri, 08/21/2015 - 11:27am
Altria Group Inc. is boosting its quarterly dividend by 8.7 percent.
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Electrical explosion in Los Angeles building hurts 2, knocks out power to 12 nearby structures

Fri, 08/21/2015 - 11:13am
An electric equipment explosion shook a 19-story office building in downtown Los Angeles, sending two people to the hospital and leaving a dozen surrounding buildings without power Friday.
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Texas Workforce Commission says statewide jobless rate for July held steady at 4.2 percent

Fri, 08/21/2015 - 11:05am
The statewide unemployment rate for July held steady at 4.2 percent, the Texas Workforce Commission reported Friday.
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Dollar Falls To Lowest Level In Nearly 2 Months As Stock Selloff Continues

Fri, 08/21/2015 - 11:01am
The dollar fell to its lowest level in about seven weeks Friday compared to a basket of rival currencies as a selloff in U.S. stocks continued for a fourth day.
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