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: 31 min 45 sec ago
The American Petroleum Institute on Tuesday said U.S. crude-oil inventories fell by 3.9 million barrels last week, according to news reports.
Shipments of personal computers fell 10.6% during the fourth quarter to 71.9 million units, the largest year-over-year decline in PC sales on record, according to industry tracker IDC.
Aeropostale Inc. said it will cut 100 jobs, or about 13% of staff, as part of a program that is expected to generate between $35 million and $40 million in annual pre-tax savings.
Yum Brands Inc. shares gained in Tuesday's extended session after the fast-food restaurant operator reported its sales in China recovered last month.
Apple Inc. arose as one of the few winners in the PC industry during the holiday shopping season, according to new data released by Gartner.
Ford Motor Co. said Tuesday it expects a "record" 2015 pre-tax profit, around the upper range of the car maker's guidance of $10 billion to $11 billion.
Troubled biotech KaloBios Pharmaceuticals Inc. said Tuesday it has decided to drop its appeal of the Nasdaq decision to delist its shares and will instead spend its resources following its business strategy.
MetLife Inc. shares surged in Tuesday's extended session after the insurance giant said it is planning to spin off its U.S. retail business into a separate entity as part of its strategic review process.
CSX Corp. shares slipped in the extended session Tuesday after the railroad company missed Wall Street's fourth-quarter revenue estimates for the quarter.
Two Navy boats with as many as 10 sailors are being held by Iran but will be returned soon, according to the Associated Press.
During an interview with FOX Business Network’s Maria Bartiromo, JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon talked about why China is particularly attractive for investing.
During an interview on the FOX Business Network’s Varney & Co., former Shell (NYSE:RDSA) Oil President John Hofmeister spoke about factors impacting the outlook for oil prices.
U.S. oil prices briefly tumbled below $30 a barrel on Tuesday, underscoring the global economy's difficulty with absorbing a relentless flood of crude supplies.
Oil futures extended their 2016 plunge, with the U.S. benchmark trading below $30 a barrel for the first time since December 2003.
Gold futures ended lower Tuesday as the yellow metal was weighed down by strength in the U.S. dollar.
Wal-Mart Stores Inc. is recalling 330,000 Rival brand griddles because they pose an electrical shock hazard, according to the Consumer Product Safety Commission (CPSC).
DreamWorks Animation SKG, Inc.'s stock was upgraded to outperform from market perform by FBR & Co. analyst Barton Crockett.
Delphi Automotive PLC's stock climbed 1.9% in morning trade Tuesday, after the automotive technology company said it raised its annual dividend rate by 16% to $1.16 a share.
U.S. stocks opened with solid gains on Tuesday, as a rebound in oil prices helped push energy shares higher.
Shares of Alphabet Inc. climbed 1% in premarket trade Tuesday after Credit Suisse raised its price target on the stock to $900 from $850 after calculating in the estimated revenue contribution from YouTube Red, the company's new ads-free video subscription service.