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: 12 min 53 sec ago
Utah economic development officials aren't doing enough to make sure companies who get tax credits are keeping their promises to create new, high-paying jobs, a state audit released Tuesday found.
Tech stocks tumbled along with the broad market Wednesday as investors reacted negatively to a slate of economic data, including a decline in retail sales in September.
The U.S. Treasury Department says it has cleared the way for Gulf Coast state and local governments to begin applying for recovery grants through a federal RESTORE Act trust fund fed with civil penalties arising from the 2010 BP oil spill.
Favorable weather helped Minnesota farmers make strong progress on their soybean and sugarbeet harvesting this past week.
The U.S. dollar fell to a five-week low against the yen Wednesday morning after a slew of disappointing U.S. economic data rattled investor confidence.
Shares of Charles Schwab gained 0.9% in premarket trade after the discount broker reported better-than-expected third-quarter results.
Uncertainty over the government's survival and future of Greece's bailout program has spurred a second day of heavy selling on the Athens Stock Exchange, with the main index down a massive 9.4 percent.
With Apple's release of larger-screen iPhones last month, Samsung's flagship Galaxy phones no longer have the distinction of being "the next big thing," as Samsung's ads like to tout.
Abercrombie & Fitch Co. on Wednesday named 28-year retail industry veteran Fran Horowitz president of its troubled Hollister brand.
The New York Federal Reserve gauge of manufacturing activity in the New York region fell to 6.17 in October from 27.54 in September. Wall Street expected a much shallower fall to 20.50. Readings above 0 point to expansion, while those below indicate contraction.
Hewlett-Packard Co said it would resume its share repurchase program, a day after sources told Reuters that the company had ended merger talks with EMC Corp.
Treasury prices jumped Wednesday after a trio of weak data on regional manufacturing, producer prices and retail sales.
U.S. retail sales fell in September for the first time in eight months and the decline would have been even sharper if not for the release of the new iPhones, showing a continued reluctance among Americans to splurge on consumer goods.
U.S. stock futures headed lower after a trio of economic releases came in weaker than expected, pointing to another day of selling on Wall Street.
U.S. Qualcomm Inc (NASDAQ:QCOM) agreed to buy CSR Plc for $2.5 billion, offering what it hopes is a knock-out blow to win the British Bluetooth specialist which is growing in areas like automotive and wearable devices.
U.S. pharmaceutical company AbbVie said it was reconsidering its $55 billion takeover of Shire in the wake of U.S. government moves to curb deals designed to cut tax, wiping $13 billion off the London-listed firm's stock price.
A Sears executive was named acting president and CEO of Sears Canada on Wednesday.
Australian literature-lovers cheered Wednesday after Richard Flanagan won the prestigious Booker Prize with a visceral story of wartime brutality and its aftermath — a novel the head of the judging team said was as powerful as a kick in the stomach.
A double-decker passenger bus flipped onto its side on a highway in suburban Indianapolis on Tuesday after striking a crashed car, leaving 18 people with mostly minor injuries, police said.
The Republican Governors Association says it raised $21.5 million in the three-month quarter that ended Sept. 30.