FOX News: Business

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Updated: 16 min 9 sec ago

Yellen says forcing Fed to follow formula in setting interest rates would be grave mistake

Wed, 07/16/2014 - 1:18pm
Federal Reserve Chair Janet Yellen says it would be a serious mistake for Congress to require the nation's central bank to adopt a formal policy rule to guide its decisions on setting interest rates.
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A look at Time Warner and Twenty-First Century Fox's media assets

Wed, 07/16/2014 - 1:16pm
Combining Time Warner and Fox would result in one media and entertainment juggernaut, bringing together several TV networks, production companies and media properties.
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Tesla Looking At California For Battery Factory: Report

Wed, 07/16/2014 - 1:07pm
Tesla Motors Inc. is taking a closer look at California as the place to build its battery factory after state lawmakers proposed new tax breaks and regulation changes that would speed construction and lower costs, The Wall Street Journal reported.
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Cold winter still being felt in Maine: Lobsters are slow to shed, leading to smaller catches

Wed, 07/16/2014 - 1:00pm
The cold winter is still being felt in the waters off Maine, where the nation's largest lobster fishery is off to a slow start.
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Up Next: A Double Whammy of High Unemployment and Inflation

Wed, 07/16/2014 - 12:54pm
The economy is recovering from a harsher-than-normal winter, but the pace of growth the balance of this year and next will not create nearly enough decent jobs for the millions unemployed and recent graduates working at venues like Starbucks.
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Data shows most who lost Medicaid coverage in Wisconsin didn't buy insurance through exchange

Wed, 07/16/2014 - 12:53pm
More than 60 percent of the people in Wisconsin who lost state Medicaid coverage earlier this year did not purchase private insurance through the online marketplace, according to official data released Wednesday.
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Sweat Equity? Private Equity Firms Bulk Up Investments in Fitness

Wed, 07/16/2014 - 12:47pm
Sweat Equity? Private-equity players are looking to cash-in on the latest fitness crazes. But does this new trend have staying power?
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Feds: combustible dust safety guidance needed after 2010 West Virginia explosion that killed 3

Wed, 07/16/2014 - 12:41pm
A New Cumberland metal recycling plant lacked a safety system to collect combustible dust during a 2010 explosion that killed three people and injured another, according to federal investigators.
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Feds: Holes in tank roof, floor factored into West Virginia chemical spill that fouled water

Wed, 07/16/2014 - 12:30pm
Federal investigators say holes in a storage tank floor likely allowed chemicals to seep out and contaminate West Virginia's biggest drinking water supply in January.
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Chinese woman accused in seed corn trade secrets case seeks release, permission to travel

Wed, 07/16/2014 - 12:26pm
The wife of a wealthy Chinese businessman wants the U.S. government to release her on bond to travel to China while she awaits trial on charges she conspired to steal American seed corn trade se...
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Fact sheet: 2014 Land Rover LR4 HSE

Wed, 07/16/2014 - 12:11pm
2014 Land Rover LR4 HSE BASE PRICE: $49,700 for base model; $54,600 for HSE.
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Upscale 2014 Land Rover LR4 still solid off-roader, too

Wed, 07/16/2014 - 12:10pm
Land Rover's capable and rugged LR4 mid-size sport utility vehicle is more fuel efficient for 2014 and has refreshed exterior front styling and new standard features such as rearview camera.
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Workers, union seek to keep 3 endangered Atlantic City casinos open

Wed, 07/16/2014 - 12:09pm
Many workers at three Atlantic City casinos that could shut down in the next few months are trying to keep them open.
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Wis. says nearly 166,000 people gained insurance coverage; unknown how many were uninsured

Wed, 07/16/2014 - 12:08pm
Newly released numbers by the state Insurance Commissioner's office shows that nearly 166,000 Wisconsin residents purchased health insurance by June 1.
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Feds: Holes in tank roof, floor likely factored into West Virginia chemical spill in January

Wed, 07/16/2014 - 12:07pm
Federal investigators say holes in a storage tank floor likely allowed chemicals to seep out and contaminate West Virginia's biggest drinking water supply in January.
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Steve Smith named regional publisher for Berkshire Hathaway newspapers

Wed, 07/16/2014 - 12:06pm
The Berkshire Hathaway Media Group has announced that Steve Smith will be regional publisher for its Alabama division.
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Renasant Corp. announces record second-quarter earnings of $14.85M

Wed, 07/16/2014 - 12:00pm
Renasant Corp. has announced second-quarter earnings of $14.85 million, a record amount for the 110-year-old financial holding company.
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Fed's Fisher Calls For Reinvestment Taper In October

Wed, 07/16/2014 - 12:00pm
Dallas Fed President Richard Fisher said ending asset purchases this fall isn't enough -- the Fed should should start to taper the reinvestment of maturing securities in October.
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Intel Shares Hit Decade High on Strong Revenue Outlook

Wed, 07/16/2014 - 11:25am
Intel Corp's shares rose as much as 7 percent to a decade-high, after the world's largest chipmaker forecast quarterly revenue above analysts' estimates on demand from companies looking to replace old PCs.
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Supermarkets companies shares mixed at 10 a.m.

Wed, 07/16/2014 - 11:11am
Shares of some top supermarkets companies are mixed at 10 a.m.: Kroger fell $.13 or .3 percent, to $49.20.
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