FOX News: Business

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Updated: 12 min 15 sec ago

Iraq's economy, beaten by Islamic State war and low oil prices, struggles amid rising protests

Tue, 08/18/2015 - 11:18am
In business since the 1960s, Karim al-Aboudi's family has seen Iraq's economy boom with oil wealth and bust through wars and the 2003 U.S.-led invasion, but today marks the worst downturn he's seen in decades.
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Danica Patrick gets multi-year deal with SHR along with new NASCAR sponsor Nature's Bakery

Tue, 08/18/2015 - 11:03am
Danica Patrick has a new deal to drive for Stewart-Haas Racing and a new NASCAR sponsor.
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Ikea recalls its Patrull nightlights because of shock risk; 442,000 sold in US and Canada

Tue, 08/18/2015 - 11:00am
Swedish retailer Ikea is recalling around 442,000 nightlights because of the cover of the light can detach, creating a risk of electrical shock.
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Grain lower on the CBOT, beef higher pork lower on the CME

Tue, 08/18/2015 - 10:53am
Grain futures were lower in early trading Friday on the Chicago Board of Trade.
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Obama proposing to cut methane emissions from oil, gas production by nearly half

Tue, 08/18/2015 - 10:40am
The Obama administration is proposing to cut methane emissions from U.S. oil and gas production by nearly half over the next decade in an unprecedented step to curb climate change.
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Diesel supplies for harvest might be helped with drilling slowdown in North Dakota oil patch

Tue, 08/18/2015 - 10:20am
The slowdown in North Dakota's oil patch should help keep fuel supplies adequate for the state's fall crop harvest due to the dramatic drop in the number diesel-thirsty drill rigs, officials say.
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Ford recalls over 26,000 trucks to fix seat belt anchors

Tue, 08/18/2015 - 10:18am
Ford is recalling just over 26,000 trucks in the U.S. and Canada because some front seat belts may not be anchored in the right position.
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Former newspaper editor, Associated Press bureau chief Jonathan Kellogg dies at 68

Tue, 08/18/2015 - 10:09am
A former Associated Press bureau chief who served as executive editor of Connecticut's Republican-American newspaper has died.
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French company Total drops shale gas well in Denmark after disappointing drilling results

Tue, 08/18/2015 - 10:01am
French energy company Total has halted a shale gas project in Denmark after disappointing results in exploratory drilling.
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Abercrombie Creates Six Senior Roles to Revive Sales

Tue, 08/18/2015 - 9:45am
Abercrombie & Fitch said it created six senior positions as it looks to turn around its namesake  and abercrombie kids brands.
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Paris food co-op gets an American-style start _ opening during vacation season

Tue, 08/18/2015 - 9:37am
The government has shut down, the corner baker is away for a month, and traffic is running with uncanny finesse.
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TJX 2Q Same-Store Sales Beat Estimates

Tue, 08/18/2015 - 9:17am
TJX, the owner of off-price retailers TJ Maxx and Marshalls, reported a better-than-expected rise in quarterly comparable store sales.
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TJX posts 2Q profit, results beat Wall Street forecasts

Tue, 08/18/2015 - 8:47am
The TJX Cos.
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TJX's Stock Jumps After Profit And Sales Beat, Raised Outlook

Tue, 08/18/2015 - 8:47am
TJX Companies Inc.'s stock jumped 3.6% in premarket trade Tuesday, after the apparel and home fashions retailer reported better-than-expected fiscal second-quarter results and lifted its full-year profit outlook.
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CEO of restructured Polish airline LOT resigns unexpectedly after overseeing reform

Tue, 08/18/2015 - 8:38am
The CEO of Poland's national airline, who is widely credited with turning around the company, has resigned unexpectedly.
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US homebuilding rises 0.2 pct. in July; led by 12.8 pct. jump in single-family houses

Tue, 08/18/2015 - 8:32am
U.S. builders started work on single-family houses last month at the fastest pace since the Great Recession began in late 2007.
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Housing Starts In July At Highest Level Since Before Recession

Tue, 08/18/2015 - 8:30am
Construction on new U.S. homes rose in July at the fastest pace since before the Great Recession, offering further proof that the housing market continues to gain strength.
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Housing Starts Near Eight-Year High, Permits Plunge in July

Tue, 08/18/2015 - 8:26am
Groundbreaking on new single-family homes in the U.S. rose to a near eight-year high in July, surpassing Wall Street expectations, amid a strengthening labor market that encourages young adults to invest in their own homes.
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NBCUniversal To Invest $200 Million In BuzzFeed

Tue, 08/18/2015 - 8:15am
Comcast's NBCUniversal has agreed to make a $200 million equity investment in BuzzFeed, the online media company with more than 200 million monthly unique visitors and 1.5 billion monthly video views.
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Labor Secretary Perez: NLRB decision on Northwestern doesn't resolve issue of unions on campus

Tue, 08/18/2015 - 8:09am
Labor Secretary Thomas Perez says the question of allowing college athletes to form unions "remains open" despite a federal ruling that this is impermissible.
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