FOX News: Business

Syndicate content FOX Business - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
Updated: 2 min 52 sec ago

Popular SBA 7(a) loan program nearing its ceiling; loans could go on hold at end of July

Tue, 07/21/2015 - 4:57pm
The Small Business Administration's most popular lending program could go on hold later this month if the agency reaches the statutory limit on the amount of loans it can back.
Categories: FOX News

GoPro Swings to Profit as Revenue Jumps 72%

Tue, 07/21/2015 - 4:55pm
GoPro Inc. said Tuesday its revenue increased 72% in the second quarter, helped by sales of its Hero4 devices.
Categories: FOX News

Miss USA: Trump Media Attention ‘Disappointing’ for Pageant

Tue, 07/21/2015 - 4:53pm
Miss USA Olivia Jordan on the impact of Donald Trump’s media attention on latest pageant
Categories: FOX News

API Data Said To Show U.S. Crude Supply Up 2.3 Million Barrels

Tue, 07/21/2015 - 4:51pm
The American Petroleum Institute late Tuesday reported that crude supplies climbed by 2.3 million barrels for the week ended July 17, according to sources.
Categories: FOX News

How the Dow Jones industrial average and other major indexes fared on Tuesday

Tue, 07/21/2015 - 4:47pm
Weak results from IBM, United Technologies and other companies pulled U.S. stocks lower on Tuesday, giving the market its first broad decline in four days.
Categories: FOX News

Microsoft books $8.4 billion write-down on phones, 4th quarter beats depressed expectations

Tue, 07/21/2015 - 4:46pm
Microsoft booked an $8.4 billion charge in the fourth quarter, swallowing a bitter pill by writing off the Nokia phone business it bought just over a year ago.
Categories: FOX News

Petition signatures verified for North Dakota anti-corporate farming law referendum

Tue, 07/21/2015 - 4:00pm
A farm group seeking to block a new law that exempts dairy and swine operations from North Dakota's anti-corporate farming legislation has successfully pushed the matter to a public vote, Secretary of State Al Jaeger said Tuesday.
Categories: FOX News

Court ruling clears way for Novartis launch of first low-cost biotech drug in US

Tue, 07/21/2015 - 3:53pm
A federal appeals court has ruled that Novartis can begin selling its lower-cost copy of an Amgen Inc. drug in September, rejecting a bid to further delay the launch of the knock-off biotech medication.
Categories: FOX News

FAA Head of Labor Relations Resigns

Tue, 07/21/2015 - 3:51pm
FOX Business Network has confirmed the resignation of a David Feder, Director, Labor and Employee Relations, Federal Aviation Administration after only six months on the job.  
Categories: FOX News

Ex.-Illinois Gov. Blagojevich May Be Re-sentenced After Court Throws Out 5 Counts

Tue, 07/21/2015 - 3:47pm
Rod Blagojevich, the disgraced former Illinois governor, is likely to be re-sentenced after an appellate court threw out five of the 18 counts on which he was convicted in 2011, according to a Chicago Sun-Times report.
Categories: FOX News

ABC Denver Unit Decides Not To Run Marijuana Ad Slated For Late Monday

Tue, 07/21/2015 - 3:47pm
ABC's Denver affiliate KMGH decided not to run a marijuana advertisement that was slated for late Monday night on concerns about the legality of the promotion.
Categories: FOX News

TV Deals Boost NFL Revenue to New Record

Tue, 07/21/2015 - 3:32pm
Thanks to pricier television contracts, the National Football League generated a record $7.3 billion in national revenue last season.
Categories: FOX News

Standard & Poor's upgrades Greece's credit rating to 'CCC+' as fears of collapse dissipate

Tue, 07/21/2015 - 3:27pm
Standard & Poor's has raised Greece's credit rating after a European bailout reduced the chances of the country's government defaulting on its massive debts during the next year.
Categories: FOX News

Jobs agency led by Gov. Walker dogged by allegations of shoddy lending, political influence

Tue, 07/21/2015 - 3:06pm
Scott Walker is facing potentially embarrassing revelations from an agency once billed as the centerpiece of his plan as Wisconsin's governor to bring 250,000 jobs to the state.
Categories: FOX News

FTC says LifeLock didn't set up information security program and is violating settlement terms

Tue, 07/21/2015 - 2:52pm
The U.S. government says identity theft protection company LifeLock is misleading consumers about the level of protection and the timeliness of the warnings they will receive, and charges that LifeLock isn't living up to a previous $12 million settlement with regulators.
Categories: FOX News

Apple Beats the Street in Fiscal 3Q

Tue, 07/21/2015 - 2:51pm
The tech juggernaut booked adjusted fiscal third-quarter earnings per share of $1.85, topping expectations by five cents. 
Categories: FOX News

3 construction company executives convicted in Brazil's Petrobras scandal

Tue, 07/21/2015 - 2:32pm
Three top officials of Brazil's Camargo Correa construction company have become the first business executives to be convicted in the corruption-kickback scandal engulfing state-run oil company Petrobras.
Categories: FOX News

Weak Earnings Weigh on Major Averages

Tue, 07/21/2015 - 2:30pm
U.S. stocks fell Tuesday after weak earnings reports from IBM and United Technologies dragged down the Dow Jones Industrial Average.
Categories: FOX News

Maryland officials say contractor to pay $45M over flawed health exchange website

Tue, 07/21/2015 - 2:25pm
The main contractor in Maryland's initially flawed health care exchange website has agreed to repay $45 million to avoid legal action over its performance, officials announced Tuesday.
Categories: FOX News

Hermès Sales Boosted by Japanese Demand

Tue, 07/21/2015 - 1:28pm
Chinese buyers of luxury goods, feeling spurned by their traditional shopping hub of Hong Kong, have landed nearby in Japan.
Categories: FOX News