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Claman on Call: Markets Drop; Vail Resorts Going Global

Fri, 10/10/2014 - 6:32pm
Welcome to Claman on Call. The markets might be closed, but FOX Business is always on call.
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Pennsylvania regulators say Highmark plan for seniors violates agreement; insurer says 'wrong'

Fri, 10/10/2014 - 6:22pm
The Pennsylvania attorney general's office and two other agencies asked a judge Friday to order Highmark Inc. to let participants in its new plan for seniors use doctors who work for the University of Pittsburgh Medical Center.
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Plane passenger indicted on charge of interfering with flight crew in flap over reclined seat

Fri, 10/10/2014 - 6:16pm
An airline passenger who became upset after a woman reclined the seat in front of him has been indicted in Massachusetts on a federal charge of interfering with a flight crew.
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Kmart Payment Data Systems Breached By Malware: Sears

Fri, 10/10/2014 - 6:03pm
Sears Holdings Corp. said Kmart discovered a breach of its payment data systems on Thursday, according to a Securities and Exchange Commission filing late Friday.
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Sears Holdings says data breach at Kmart goes back to September

Fri, 10/10/2014 - 6:00pm
Sears Holdings Corp. is announcing a data breach at its Kmart stores that started in early September.
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Week Ahead: 3Q Earnings, Retail Sales and Housing

Fri, 10/10/2014 - 5:30pm
Third-quarter earnings season kicks into high gear next week as investors also mull data tied to inflation, retail sales and housing. Banks and bond markets are closed Monday for the Columbus Day holiday.
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Bank of Israel Open to Rate Cut, Unconventional Tools

Fri, 10/10/2014 - 5:18pm
Bank of Israel Governor Karnit Flug voiced openness on Friday to reducing interest rates further or using other unconventional policy tools to boost inflation back to the target range.
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Fed's Lacker: Government Rescues of Financial Firms Must Stop

Fri, 10/10/2014 - 5:15pm
U.S. regulators need to complete a comprehensive bankruptcy program implementation to allow large financial institutions to unwind in the event they fail, rather than depend on government interventions, a top Fed official said on Friday.
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U.S. FDA Approves Gilead's $94,500 Hepatitis C Drug

Fri, 10/10/2014 - 5:12pm
U.S. regulators on Friday approved a new hepatitis C pill from Gilead Sciences Inc, which said it will charge $94,500 for an improved 12-week course of treatment to rid patients of the liver-destroying viral infection.
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Cleveland plans to spend $1.6 million to equip 1,000 front-line officers with body cameras

Fri, 10/10/2014 - 4:45pm
The city plans to spend $1.6 million to equip 1,000 front-line officers with high-resolution body cameras amid a federal investigation of the Cleveland police department that was triggered by a high-speed pursuit and the fatal shooting of two unarmed civilians.
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S&P Cuts France's Outlook, Affirms AA Rating

Fri, 10/10/2014 - 4:44pm
Standard & Poor's Ratings Services has lowered its outlook for France to negative from stable, while affirming the nation's double-A long-term rating.
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Tesla, PepsiCo, Ventas and Symantec are big market movers

Fri, 10/10/2014 - 4:26pm
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE PepsiCo Inc., up $1.08 to $94.65 The soda and snack maker's stock extended its gains after it reported a rise in third-quarter profit earlier this week.
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EEOC sues FedEx for failing to accommodate deaf package handlers, job applicants

Fri, 10/10/2014 - 4:26pm
The U.S. Equal Employment Opportunity Commission has filed a lawsuit charging that FedEx discriminated against deaf and partially deaf workers and job applicants for years.
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New customer service robot roaming Indianapolis International Airport terminal

Fri, 10/10/2014 - 4:25pm
A new customer service robot has started roaming around the passenger terminal of Indianapolis International Airport.
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Tesla Shares Fall The Most In Three Weeks

Fri, 10/10/2014 - 4:24pm
Tesla Motors Inc. shares on Friday fell the most since Sept. 15, off 7.8% a day after the electric car maker unveiled plans to add all-wheel drive and autonomous driving features to its cars.
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$1.2 billion methanol plant, with 50 new jobs, planned for Plaquemines Parish

Fri, 10/10/2014 - 4:21pm
State officials have announced that Castleton Commodities International LLC plans a $1.2 billion methanol manufacturing plant in Plaquemines Parish.
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Stocks decline again, closing out a turbulent week; S&P 500 had worst week since May 2012

Fri, 10/10/2014 - 4:13pm
U.S. stocks are closing out a turbulent week with another loss, giving the market its worst week since May 2012.
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Wall Street Caps the Week Off in the Red

Fri, 10/10/2014 - 4:03pm
Developing: Wall Street continued to slide after Thursday's big selloff, closing the week in the red. The tech-heavy Nasdaq dropped more than 2%, and the Dow turned negative for the year, while the S&P 500 slipped 22 points.
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S&P Cuts France's Outlook, Keeps AA Rating

Fri, 10/10/2014 - 3:40pm
Standard & Poor's Ratings Services cut its outlook for France from stable to negative on Friday, saying the French government's budgetary position is deteriorating in light of the country's constrained nominal and real economic growth prospects.
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Maker of sapphire glass for iPhones wants to shut down Mesa factory touted as big job creator

Fri, 10/10/2014 - 3:30pm
A manufacturer of sapphire glass that Apple Inc. uses in iPhones told a bankruptcy court Friday that it wants to shut down a Mesa factory that was once touted as a big job creator for Arizona.
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