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: 24 min 31 sec ago
An explosion demolished part of a Motel 6 in Bremerton, Washington, critically injuring a gas company worker just minutes after the acting hotel manager had evacuated the building due to a leak.
The latest on the federal oil lease sale Wednesday in the western Gulf of Mexico, off the Texas coast (all times local).
The company that invented those iconic pine tree-shaped automotive air fresheners is turning up its nose at a proposal to open a slaughterhouse near the firm's northern New York factory.
Shares of the biggest U.S. egg producer Cal-Maine Foods Inc. fell 1.5% in early trade Wednesday, after government data showed egg prices spiked again in June.
The latest on federal documents accusing longtime Subway pitchman Jared Fogle of engaging in sex acts with minors and receiving child pornography (all times local): 9:35 a.m.
U.S. stocks opened lower Wednesday after a reading of consumer prices suggested that inflation might be rising at a sufficiently healthy pace to warrant a rate increase by the Federal Reserve as early at its next meeting in September.
German carmaker Audi says it's planning to unveil an electric sport SUV concept with a range of over 310 miles (500 kilometers) — well beyond the range of rival carmaker Tesla's Model S and soon-to-launch Model X.
New York state's financial regulator and Promontory Financial Group say they've reached a settlement agreement over the bank consultant's reports four years ago for Standard Chartered Bank.
Google Inc. was upgraded to overweight from neutral at Atlantic Equities on Wednesday on recent improvements in mobile search and the potential for YouTube to serve as a "material growth driver" as advertising dollars continue to shift from traditional TV.
Google Inc. unveiled a new cordless at-home Wi-Fi router this week called OnHub.
The dollar weakened Wednesday after the July consumer-price index showed that inflation wasn't as aggressive as economists had hoped, falling to session lows against the yen and euro soon after the data was released.
Home-renting company Airbnb said Tuesday that it will expand the platform to China with the help of strategic partners China Broadband Capital and Sequoia China.
Consumer inflation slowed in July following two months of slightly faster gains.
Consumer prices rose in July as gas and food prices increased marginally, but a solid gain in shelter costs suggested inflation pressures were stabilizing.
American Eagle Outfitters Inc. (AEO) on Wednesday reported fiscal second-quarter net income of $33.3 million.
The retailer upped its full-year earnings forecast for the second time and reported its sixth-straight rise in quarterly sales,and a 2.4% increase in same-store sales, driven by demand for home products and apparel.
The federal government is offering nearly 22 million acres off the Texas coast to oil and gas developers, though low oil prices are likely to limit interest.
Target is raising its annual profit outlook as the discounter's effort to spruce up fashion and other merchandise are resonating with shoppers.
Staples Inc. said its profit more than halved in the second quarter, as sales continued to decline and store traffic dwindled, deepening the chain's challenges as it awaits regulatory approval for its takeover of Office Depot Inc.
Hormel Foods Corp. said Wednesday it had net income of $146.9 million, or 54 cents a share, in its fiscal third quarter, up from $138 million, or 51 cents a share, in the year-earlier period.