FOX News: Business

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Updated: 1 min 31 sec ago

Coke to start disclosing its various efforts on health research, messaging

Thu, 08/20/2015 - 9:30am
Coca-Cola says it will start publishing information about its health and nutrition efforts after it was criticized for funding a group many felt touted the company's message.
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Ex-convict Alex Kelly, tabloids' 1980s 'preppy rapist,' builds career as skydiving instructor

Thu, 08/20/2015 - 8:55am
Alex Kelly gained international infamy as the "preppy rapist" two decades ago while living an adrenaline-fueled life as a jet-set fugitive in Europe — skiing, hang gliding and mountain climbing before surrendering to face rape charges in Connecticut.
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Applications for US unemployment benefits rose last week to still-low 277,000

Thu, 08/20/2015 - 8:48am
The number of Americans seeking unemployment aid rose slightly last week, yet remained at a low level consistent with a solid job market.
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Weekly Jobless Claims Rise More than Expected

Thu, 08/20/2015 - 8:34am
The number of new applications for unemployment benefits rose more than expected last week but kept with the trend of solid labor-market momentum.
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Valeant Pharma to spend $1 B on maker of drug designed to boost sexual desire in women

Thu, 08/20/2015 - 8:06am
Valeant Pharmaceuticals will pay about $1 billion to buy Sprout Pharmaceuticals, the maker of the first prescription drug designed to boost sexual desire in women.
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Valeant to Buy 'Female Viagra' Maker Sprout Pharma

Thu, 08/20/2015 - 7:42am
Canada's Valeant Pharmaceuticals International Inc said it would buy privately owned Sprout Pharmaceuticals, whose drug became the first approved treatment this week for low sexual desire in women, for about $1 billion plus milestone payments.
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Madison Square Garden Profit And Sales Rise Above Expectations

Thu, 08/20/2015 - 7:41am
Madison Square Garden Co. reported Thursday a fiscal fourth-quarter profit that rose to $45.7 million, or 60 cents a share, from $11.6 million, or 15 cents a share, in the same period a year ago, beating the FactSet consensus earnings-per-share estimate of 38 cents.
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Valeant Confirms To Buy Women's 'viagra' Maker Sprout Pharmaceuticals For About $1 Billion

Thu, 08/20/2015 - 7:38am
Valeant Pharmaceuticals International Inc. said it has agreed to buy Sprout Pharmaceuticals Inc. for about $1 billion in cash, confirming a story in The Wall Street Journal earlier.
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Lumber Liquidators' Stock Surges After Cantor Fitzgerald Upgrade

Thu, 08/20/2015 - 7:30am
Lumber Liquidators Holdings Inc.'s stock surged 5.6% in premarket trade Thursday, after Cantor Fitzgerald upgraded the wood-flooring company, citing an appealing reward-versus-risk profile.
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Applications for US unemployment benefits likely fell to 270,000 last week

Thu, 08/20/2015 - 7:23am
The Labor Department reports on the number of people who applied for unemployment benefits last week at 8:30 a.m. Eastern Thursday.
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U.S. Crude Prices Fall Towards $40 on Global Glut

Thu, 08/20/2015 - 7:02am
U.S. crude oil prices fell to almost $40 a barrel on Thursday, their lowest since the global financial crisis of 2009, as supplies rose in North America and the Middle East, filling stockpiles to record levels.
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Sears Posts 2Q Profit on Property Sale

Thu, 08/20/2015 - 6:57am
The struggling retailer reported a quarterly profit that was helped by a one-time gain from the sale of stores -- the company sold 235 of its stores, and its 50% interest in joint ventures with mall operators to a REIT.
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Sales of existing homes likely slipped in July after surging in June.

Thu, 08/20/2015 - 6:24am
The National Association of Realtors reports on July sales of existing homes Thursday at 10 a.m. Eastern.
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Sears Holdings posts profit of $208 million in second quarter

Thu, 08/20/2015 - 6:12am
Sears Holdings Corp. (SHLD) on Thursday reported fiscal second-quarter net income of $208 million, after reporting a loss in the same period a year earlier.
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Once humbled in the real estate market, boomerang buyers poised to return with a roar

Thu, 08/20/2015 - 4:46am
Seven years after the real estate bust in the U.S., many people who lost their homes have rebuilt their credit and are jumping back into the market.
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Washington motel manager credited with saving dozens before explosion tore through building

Thu, 08/20/2015 - 4:38am
A fast-acting manager who evacuated a Washington motel minutes before a massive explosion is being credited with saving dozens of lives, including some who were staying in rooms that were reduced to rubble.
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Greece Receives Bailout Cash, Repays €3.4 Billion To ECB: Reports

Thu, 08/20/2015 - 3:37am
Greece on Thursday morning repaid 3.4 billion euros ($3.8 billion) to the European Central Bank after having received its first tranche of bailout money from the European Stability Mechanism, media reports said.
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Feeling sense of 'urgency,' Walker says he'll get aggressive with fellow Republicans

Thu, 08/20/2015 - 3:17am
Feeling a sense of "urgency" — and witnessing the surge of Donald Trump — Wisconsin Gov. Scott Walker says he's more willing to take on his own party and to draw clear distinctions between himself and the rest of the Republican presidential field.
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Poll finds prescription drug costs emerging as a top health care issue for consumers

Thu, 08/20/2015 - 3:17am
A new poll finds that Americans strongly support government action to control prescription drug costs, regardless of their political affiliation.
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Even as Fed edges toward a rate increase, here are 5 factors that could forestall a Sept. hike

Thu, 08/20/2015 - 12:05am
Thanks to a strengthening U.S. economy, four weeks from now the Federal Reserve is widely expected to engineer its first interest rate hike in nearly a decade.
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