FOX News: Business

Syndicate content FOX Business
FOXBusiness.com - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
Updated: 30 min 26 sec ago

Target to exit Canada, didn't foresee operations being profitable until at least 2021

Thu, 01/15/2015 - 8:48am
Target is exiting Canada.
Categories: FOX News

BlackRock Fourth-Quarter Results Beat the Street

Thu, 01/15/2015 - 8:40am
BlackRock Inc, the world's largest money manager, reported a higher-than-expected fourth-quarter profit as assets under management increased.
Categories: FOX News

Swiss Franc Jumps 30% After Central Bank Scraps Euro Ceiling

Thu, 01/15/2015 - 8:35am
Switzerland's franc soared by almost 30 percent in value against the euro on Thursday after the Swiss National Bank abandoned its three-year old cap at 1.20 francs per euro.
Categories: FOX News

U.S.-listed Stocks Of Swiss Companies Get a Lift As Franc Soars

Thu, 01/15/2015 - 8:28am
Despite the plunge in Switzerland's stock market, the U.S.-listed shares of some high-profile Swiss companies are actually rising in premarket trade Thursday as the Swiss franc soared.
Categories: FOX News

Boeing Wins $3.6 Billion Order From Air Europa

Thu, 01/15/2015 - 8:27am
The Boeing Co. said Thursday it has received an order for 14 787-9 Dreamliners valued at $3.6 billion from Air Europa.
Categories: FOX News

NRA uses new state law to sue Pennsylvania cities over gun measures; mayors vow fight

Thu, 01/15/2015 - 8:17am
Armed with a new state law that opponents denounce as a gift to the gun lobby, pro-gun groups are rapidly scaling up their attack on municipal firearms ordinances throughout Pennsylvania, with the National Rifle Association filing suit over gun-control measures in three cities.
Categories: FOX News

New book, 'Hemingway In Love,' to feature unpublished Hemingway conversations, photos

Thu, 01/15/2015 - 8:17am
Previously unpublished conversations with Ernest Hemingway will be featured in a new book this fall.
Categories: FOX News

Boxing returns to prime-time network television with fights on NBC under new deal with Haymon

Thu, 01/15/2015 - 8:17am
Usually this is how big-time sports television works: The network pays for the right to air an event.
Categories: FOX News

NBA Commissioner Adam Silver wants Hawks to stay in Atlanta under new owner

Thu, 01/15/2015 - 8:17am
NBA Commissioner Adam Silver wants the Hawks to stay put, and he's confident any new owner would keep them in Atlanta.
Categories: FOX News

Swiss National Bank Scraps Euro Cap

Thu, 01/15/2015 - 8:17am
In a move that shocked global markets, the Swiss National Bank scrapped its cap on the franc Thursday, which sent the save-haven currency crashing though the 1.20 per eruo limit it set more than three years ago.
Categories: FOX News

European Markets Drop as Swiss Let Franc Soar

Thu, 01/15/2015 - 8:14am
Global markets were thrown into turmoil Thursday as a surprise move by Switzerland to abandon its more than three-year-old cap on the franc sent the currency soaring and European shares and bond yields tumbling.
Categories: FOX News

Bank of America Posts Mixed Fourth Quarter

Thu, 01/15/2015 - 7:57am
The nation's second biggest bank by assets reported adjusted fourth-quarter earnings that beat Wall Street estimates by a penny, while revenues came in short of views.
Categories: FOX News

BlackRock Beats Profit Expectations, Lifts Dividend

Thu, 01/15/2015 - 7:54am
BlackRock reported on Thursday a fourth-quarter profit that beat expectations, as long-term inflows rose sharply, and raised its quarterly dividend, although revenue fell shy of forecasts.
Categories: FOX News

Lennar Shares Rise As Earnings Beat; Home Builder Optimistic

Thu, 01/15/2015 - 7:25am
Lennar Corp. on Thursday reported higher earnings and sales, and said the outlook for the recovery for home building remains good.
Categories: FOX News

Lennar posts 4Q profit, results beat Street expectations

Thu, 01/15/2015 - 7:01am
MIAMI (AP) — Lennar Corp. (LEN) on Thursday reported fiscal fourth-quarter profit rose by 52 percent to $245.3 million.
Categories: FOX News

Kellogg completes acquisition of majority stake in Egyptian biscuit maker Bisco

Thu, 01/15/2015 - 7:01am
Kellogg has taken a majority stake in the Egyptian biscuit maker Bisco Misr as it seeks growth by pushing into emerging markets.
Categories: FOX News

US wholesale prices likely dropped in December, reflecting falling energy prices

Thu, 01/15/2015 - 6:33am
The Labor Department reports on U.S. producer price inflation in December.
Categories: FOX News

Rising smartphone brand Xiaomi unveils new model aimed at iPhone market

Thu, 01/15/2015 - 6:30am
Rising smartphone star Xiaomi is moving upmarket and taking aim at Apple's iPhone.
Categories: FOX News

Swiss Franc Rises Sharply After Central Bank Removes Euro Cap

Thu, 01/15/2015 - 6:16am
The Swiss franc surged after Switzerland's central bank said Thursday it is scratching its minimum exchange rate of 1.20 Swiss francs to the euro.
Categories: FOX News

BP cuts 200 staff, 100 contractors as oil prices fall; company still 'committed' to North Sea

Thu, 01/15/2015 - 6:01am
BP has announced it will cut an estimated 200 staff jobs and another 100 contracting jobs in light of falling oil prices.
Categories: FOX News