FOX News: Business

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Updated: 18 min 15 sec ago

Bank of England keeps rates steady even as UK economy continues brisk rate of growth

Thu, 09/04/2014 - 7:01am
The Bank of England has voted to keep its main interest rate at a record low 0.5 percent even as Britain's economy recovers at a brisk pace.
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US service companies likely expanded at slower pace in August

Thu, 09/04/2014 - 6:46am
The Institute for Supply Management reports on growth at U.S. service firms in August.
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Costco August sales at stores open at least a year up 7 pct., easily surpassing expectations

Thu, 09/04/2014 - 6:45am
Costco's August sales at stores open at least a year climbed 7 percent, which was much better than industry watchers had expected.
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US trade gap likely rose in July, economists forecast

Thu, 09/04/2014 - 6:37am
The Commerce Department reports on the U.S. trade deficit in July.
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US productivity likely showed even better rebound in second quarter than first estimate

Thu, 09/04/2014 - 6:31am
The Commerce Department revises its estimate of U.S. worker productivity and costs for the April-June quarter.
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Applications for unemployment benefits likely rose last week, but remain at low levels

Thu, 09/04/2014 - 6:20am
The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week.
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Danish toymaker's first-half sales, profits soar: It's all about the Lego Movie

Thu, 09/04/2014 - 5:50am
Danish toy maker Lego says revenue soared 11 percent in the first six months of 2014, mostly because of the success of the "Lego Movie." The privately owned company's chief financial officer said Thursday they were thrilled by the success.
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Cairo power outage halts subway trains to downtown, knocks Tv stations off air

Thu, 09/04/2014 - 5:02am
An hours-long power outage in Cairo has halted many subway trains and knocked several TV channels off the air in the Egyptian capital.
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Global stocks lackluster ahead of central bank meeting in Europe, US data; Samsung rises

Thu, 09/04/2014 - 4:12am
Global stock markets were lackluster Thursday after Wall Street fell and as investors looked ahead to a European Central Bank meeting and U.S. economic data.
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Choice of Nevada for battery factory brings Tesla Motors closer to mass-produced electric car

Thu, 09/04/2014 - 3:55am
To bring electric cars to the masses, Tesla Motors will use an expanse of desert where wild mustangs still roam for a factory that the company projects will crank out enough batteries to power 500,000 vehicles annually by decade's end.
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German factory orders rebound in July, offsetting 2 consecutive declines

Thu, 09/04/2014 - 3:30am
The Federal Statistical Office says factory orders in Germany rebounded sharply in July, offsetting two consecutive declines in a good sign for Europe's largest economy.
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Organizers: 'Civil disobedience' expected at protests in 150 cities over fast-food worker pay

Thu, 09/04/2014 - 3:01am
Hundreds of workers from McDonald's, Taco Bell, Wendy's and other fast-food chains are expected to walk off their jobs Thursday, according to labor organizers of the latest national protest to push the companies to pay their employees at least $15 an hour.
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Game hacking tip of the iceberg as threat of cybercrimes looms ever larger

Thu, 09/04/2014 - 2:19am
The boundary between the online and physical worlds got blurry last week when Sony's PlayStation Network was disabled by an online attack, while simultaneously an American Airlines passenger jet carrying a Sony executive was diverted due to a bomb threat on Twitter.
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Lighthouses for sale: Details on a few that are on the block on the East Coast, in Midwest

Thu, 09/04/2014 - 2:16am
The federal government is selling off lighthouses or in some cases giving them away for free.
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Creditors laying out their view in opening statements at Detroit bankruptcy trial

Thu, 09/04/2014 - 2:09am
Creditors who oppose the proposed settlement of Detroit's bankruptcy case have been having their say to the judge deciding whether to approve it.
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Plenty of light! Federal government shedding lighthouses; buyers transform them

Thu, 09/04/2014 - 2:08am
The federal government says it has gotten rid of more than 100 lighthouses through giveaways and auctions, and it doesn't intend to stop selling them.
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Naked truth: US law doesn't require websites to block revealing photos stolen from stars

Thu, 09/04/2014 - 2:01am
Imagine what the Internet would be like if most major websites had imposed controls preventing the naked photos stolen from Oscar-winning actress Jennifer Lawrence and other celebrities from being posted online.
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Icahn Sells Off Rest Of Family Dollar Stake: Report

Thu, 09/04/2014 - 1:46am
Noted investor Carl Icahn has exited his entire stake in Family Dollar Stores Inc. , Reuters reported Wednesday, citing unnamed sources familiar with the matter.
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Silicon Valley firms halted spread of grisly video after second Syria beheading

Thu, 09/04/2014 - 1:44am
Silicon Valley firms were prepared this week to quickly block video of an Islamic State militant beheading an American journalist after a previous video by the same group showing the death of James Foley ricocheted through social networks in what was seen by some as a propaganda coup for the extremists.
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Bank Of Japan Holds Steady, Cuts View On Housing

Wed, 09/03/2014 - 11:23pm
The Bank of Japan kept its policy unchanged as it ended its two-day meeting Thursday, with the decision surprising almost no one.
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