FOX News: Business

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Updated: 23 min 32 sec ago

Goldman Fined $1.8M for Reporting Violations

Mon, 07/27/2015 - 11:27am
Goldman Sachs Group Inc.'s execution and clearing unit has been fined $1.8 million for reporting violations that spanned more than eight years, the Financial Industry Regulatory Authority said Monday.
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IMF: Eurozone Trouble Goes Beyond Greek Crisis

Mon, 07/27/2015 - 11:25am
The eurozone's economy will fall further behind that of the U.S. without a concerted effort to boost demand through increased government spending and lower taxes, make labor markets more flexible, and rid banks of bad loans, the International Monetary Fund said Monday.
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As Commodities Tumble, Don't Count Out Gold

Mon, 07/27/2015 - 11:02am
The commodity plunge may be undeniable, and while gold holds near multi-year lows, not everyone believes in the coming all-out-collapse of the precious metal, and some even see a little room to buy.
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Swiss army helicopters make incursion into France to collect water for thirsty cows

Mon, 07/27/2015 - 11:02am
Swiss army helicopters have crossed the Franco-Swiss border in an unexpected incursion — to help thirsty Swiss cows.
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Another canceled Speed Week renews racers' fears that Utah's famous salt flats are shrinking

Mon, 07/27/2015 - 10:53am
A small city of tents, trailers and thousands of visitors appears almost every August in the Utah desert to watch cars, motorcycles and anything with wheels rocket across gleaming white sheets of salt at speeds of 400 mph.
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Grain lower on the CBOT, beef mostly lower, pork lower on the CME

Mon, 07/27/2015 - 10:51am
Grain futures were lower Friday in early trading on the Chicago Board of Trade.
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Gold Holds Near 5-1/2-Year Lows as Dollar Weakens

Mon, 07/27/2015 - 10:45am
Gold lost ground on Monday, moving closer to last week's 5-1/2 year lows below $1,100 per ounce, with expectations for a near-term U.S. interest rate hike seen keeping momentum firmly with the bears.
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Oil Drops to Four-Month Low Amid China Rout, Supply Glut

Mon, 07/27/2015 - 10:45am
Oil hit four-month lows on Monday after a steep drop in Chinese stock markets spread concerns about the economic health of the world's biggest energy consumer and more evidence emerged of a global supply glut.
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Researchers using iPhones to collect data on Parkinson's, asthma, other ills

Mon, 07/27/2015 - 10:43am
Jody Kearns doesn't like to spend time obsessing about her Parkinson's disease.
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West New York mayor pleads not guilty to bribery charges related to his medical practice

Mon, 07/27/2015 - 10:37am
A doctor who serves as mayor of a northern New Jersey town pleaded not guilty Monday to charges that he took cash bribes and other kickbacks for referring patients to a medical imaging company.
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Citing Supreme Court case, US appeals court rejects apartheid claims against Ford, IBM

Mon, 07/27/2015 - 10:35am
A federal appeals court has rejected lawsuits accusing IBM Corp. and Ford Motor Corp. of supporting apartheid in South Africa decades ago through their business deals.
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US stocks open lower, continuing a losing streak; Shanghai's index dives 8 percent

Mon, 07/27/2015 - 10:11am
Stocks were solidly lower in early trading Monday, following a steep sell-off in China and other global markets.
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U.S. Stocks Open Sharply Lower; Dow Drops Triple Digits

Mon, 07/27/2015 - 9:38am
U.S. stocks opened lower after global equities sold off following an 8.5% drop in China's stock market.
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Special Olympics receives $25M donation, its largest single private gift, as 2015 games begin

Mon, 07/27/2015 - 9:31am
The Special Olympics has received a $25 million donation, the largest single private gift in the organization's 47-year history.
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Record Fine for Fiat Chrysler

Mon, 07/27/2015 - 9:28am
Federal regulators hit Fiat Chrysler Automobiles with a record $105 million fine for recall lapses covering millions of vehicles, adding to mounting scrutiny of the auto maker's safety practices.
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3 pension funds suing New Jersey for breach of contract, seeking billions in damages

Mon, 07/27/2015 - 9:14am
Three public workers' pension funds are suing New Jersey for billions in damages, claiming the state government breached contracts when it contributed less than planned.
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Madonna, who co-owns Tidal with Jay Z, says it's just the beginning for the streaming service

Mon, 07/27/2015 - 9:08am
Madonna, who co-owns Tidal with Jay Z, Beyonce and others, says it's just the beginning for the streaming service that's had some troubles since its launch in March.
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Burger King parent company tops expectations as sales rise, boosted by Chicken Fries

Mon, 07/27/2015 - 8:48am
Burger King got a boost from the return of its "Chicken Fries." Parent company Restaurant Brands International Inc. said Monday sales rose 7.9 percent at Burger King locations in the U.S. and Canada during the second quarter.
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Durable Goods Orders Rise More than Expected in June

Mon, 07/27/2015 - 8:34am
The Commerce Department reports orders for long-lasting goods rose 3.4% in June, surpassing expectations for a 3% increase. Excluding the volatile transportation component, orders rose 0;.8%, also topping forecasts for a 0.5% rise.
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Major League Soccer, Southern New Hampshire University partner to let players earn degrees

Mon, 07/27/2015 - 8:31am
Major League Soccer is striking a multiyear deal with Southern New Hampshire University that will provide full scholarships for players and internship opportunities for the school's current students.
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