FOX News: Business
FOXBusiness.com - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
Updated: 18 min 59 sec ago
L&L Energy Inc Chief Executive Dickson Lee resigned, the coal miner said in a regulatory filing on Tuesday, less than three weeks after the U.S. Securities and Exchange Commission accused the company of fraud.
Industrial production in the U.K. rose in February, with the Office for National Statistics reporting Tuesday a rise of 0.9% on seasonally adjusted basis compared with January.
Gold rose more than 1 percent on Tuesday as the dollar and equity markets fell on signs the European Central Bank may not recur to more stimulus, while renewed tensions in Ukraine kept risk appetite subdued.
Yelp Inc. was upgraded to buy from neutral on Tuesday by analysts at SunTrust Robinson Humphrey, who cited the recent drop in the stock's value as an opportunity for future gains.
Citi will become the third global bank to trim its presence in the country. The decision comes amid rising costs and intense competition.
Wal-mart said it has plans to open 50 additional wholesale stores in India over the next four to five years.
Samsung said it's on track to post its second-straight quarter of profit decline as slow smartphone sales growth weigh on earnings.
A measure of small-business optimism improved in March but still didn't surpass January levels, a trade group said Tuesday.
Global shares wavered in a tight range Tuesday on the heels of a three-day selloff as traders awaited the kick off of earnings season.
Shares of Sports Direct International PLC slumped 6.3% in London on Tuesday after reports that the company's founder Mike Ashley sold shares worth more than 200 million pounds ($332 million).
European stocks turned lower Tuesday, extending recent losses as investors globally turn to concerns about stock valuations.
Nokia has received approval from Chinese authorities to sell its mobile phone business to Microsoft, it said on Tuesday, and added the companies expect the deal to close in April.
The University of Connecticut Huskies beat the rival Kentucky Wildcats 60-54 in the NCAA Men's Basketball championship game Monday night in Arlington, Texas.
The University of Connecticut Huskies were leading Kentucky Wildcats by 35-31 at halftime in the NCAA Men's Basketball championship game in Arlington, Texas.
App-based car ride company Uber will deliver a new business line on Tuesday when it launches a trial courier service in Manhattan.
Ford Motor Co said on Monday it would recall about 434,700 vehicles mainly in North America due to two separate and unrelated issues.
The Senate on Monday passed a bill that would renew lapsed long-term unemployment benefits.
Citigroup Inc. announced on Monday it will settle $1.13 billion in claims stemming from mortgage securities it sold during the financial crisis.
The U.S. ran a budget deficit of $36 billion in March, the Congressional Budget Office estimated Monday.
Boeing Co is self-funding procurement of some materials needed to keep producing EA-18G electronic attack planes for several months until the U.S. Congress signals whether it will fund 22 more jets in fiscal 2015, a company vice president said on Monday.