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: 4 min 38 sec ago
Brent crude oil fell towards $85 a barrel on Monday after Goldman Sachs slashed its price forecasts, citing abundant supply and lackluster demand despite a pick-up in global economic growth.
Merck reported lower than expected 3Q revenue, hurt by sharply lower sales of its Gardasil vaccine against cervical cancer, but cost cuts enabled the company to beat earnings forecasts.
Allergan Inc. shares rose more than 3% in premarket trade Monday, after Valeant Pharmaceuticals International Inc. said it was prepared to improve its offer for Allergan to a value of at least $200 a share.
Not all retailers are embracing Apple Pay, as Rite Aid and CVS disabled the service over the weekend, according to a report in the New York Times.
Italian market watchdog Consob on Monday imposed a temporary short-selling ban on shares of Banca Monte dei Paschi di Siena Spa as they sank 20% on the Milan stock exchange.
Susser Petroleum Partners LP has changed its name to Sunoco LP.
Shares in TNT Express NV, one of Europe's largest package delivery companies, have slumped to all-time lows after the company reported a 56 million euro ($71 million) loss for the third quarter.
Business confidence in Germany, Europe's largest economy, has dropped for a sixth consecutive month as concerns over the turmoil in Ukraine and elsewhere continue to take their toll.
Workers at Amazon.com in Germany are on strike again as a union pushes its demands in a long-running wage dispute with the American online retailer.
Gia Soriano, a 14-year-old girl wounded in a deadly school shooting in Washington state, died on Sunday night, according to a statement from Providence Regional Medical Center in Everett.
An Army program was supposed to integrate intelligence from a network of sensors and databases — and provide a common intelligence picture from the Pentagon to the farthest reaches of Afghanistan.
Australia's CSL Ltd. has struck a deal to buy the influenza-vaccine unit of Switzerland's Novartis AG , reports said Monday.
Asian stock markets were mostly higher Monday after largely positive results from the European Central Bank's stress tests of financial institutions.
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) up 0.4% ; Hong Kong (Hang Seng Index) down 0.7% ; Shanghai (Shanghai Composite Index) down 0.5% ; Sydney (S&P/ASX 200) up 0.7% ; Seoul (Kospi) up 0.4% Taipei (Taiex) down 0.2% Copyright © 2014 MarketWatch, Inc.
Hong Kong stocks started Monday trade lower, and then headed lower still, as uncertainty about the start of the direct trading of Shanghai stocks hit some financial shares, while concern about the real-estate market dragged on the property sector.
Popular U.S. baseball player Oscar Taveras died in a car accident Sunday in his native Dominican Republic, reports said.
Japanese stocks extended their gains in early Monday trading, as the usually beneficial combination of an advance for U.S. shares and a move lower for the yen helped push the Nikkei Stock Average up 0.6% -- extending Friday's 1% gain.
Australian stocks started the week broadly more expensive, as the S&P/ASX 200 added 0.6% Monday morning, on top of Friday's 0.5% advance.
An 18-year-old woman in Australia tested negative for the Ebola virus, Agence France-Presse quoted local authorities as saying Monday.
Gov. Andrew Cuomo says New York has more jobs than ever and that upstate New York is rebounding.