FOX News: Business

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Updated: 14 min 50 sec ago

NY reports 7 initial transactions for clean energy projects with state's Green Bank

Thu, 10/23/2014 - 3:02am
New York officials say they have reached agreements in principle to finance seven clean energy projects with a dozen banks and investment firms and the state's new NY Green Bank.
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Consumer product giant Unilever says prices are falling in Europe; "sharp" slowdown in China

Thu, 10/23/2014 - 3:00am
Unilever PLC, the maker of consumer products including Dove soaps, Lipton teas and Ben & Jerry's ice cream, says it saw price deflation in Europe's largest markets in the third quarter.
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Daimler net profit up 49 percent in 3rd quarter as revenue rises, company gains on stake sale

Thu, 10/23/2014 - 2:31am
Automaker Daimler says its net earnings rose by nearly half in the third quarter as revenue rose 10 percent and the company booked a one-time gain from the sale of a stake in a maker of heavy-duty engines.
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Nokia sees third-quarter turn to profit as sales grow after sale of phone unit to Microsoft

Thu, 10/23/2014 - 2:03am
Nokia Corp. appears to have turned around its fortunes after the sale of its ailing cellphone unit to Microsoft, reporting a third-quarter net profit of 747 million euros ($950 million), from a loss of 91 million euros a year earlier.
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Credit Suisse posts 3Q profit more than double from year ago

Thu, 10/23/2014 - 2:03am
Credit Suisse Group has posted a third-quarter profit that is more than double from a year ago, benefitting from cost cutting, emerging markets and services for wealthy clients.
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French spirits maker Pernod Ricard returns to growth; Asia comeback despite China slowdown

Thu, 10/23/2014 - 2:03am
Pernod Ricard SA, maker of Absolut vodka and Martell cognac, has returned to growth after Asian, Middle Eastern and African markets stemmed a monthslong slide, but sales in China continued to decline steeply.
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Asian stocks lower after oil fall drags down Wall Street, China factories fail to fire

Thu, 10/23/2014 - 1:58am
Asian stocks fell Thursday after another slump in oil prices dragged Wall Street lower and China's manufacturing output grew at the slowest pace in five months.
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Hyundai Motor's profit drops 28 percent as appreciation of local currency weighs

Thu, 10/23/2014 - 1:46am
Hyundai Motor Co. says profit sank nearly 30 percent for the July-September quarter, hurt by a stronger South Korean currency.
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Facebook co-founder, CEO Zuckerberg thrills Chinese students with 30 minutes of Mandarin

Thu, 10/23/2014 - 12:56am
China may ban Facebook, but not its co-founder Mark Zuckerberg, and he entertained an audience of students with a 30-minute chat in his recently learned Mandarin Chinese at a prestigious Beijing university.
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AP PHOTOS: Brazil's poor, with a decade of gains, are solid support for Rousseff in election

Thu, 10/23/2014 - 12:00am
Children play amid tumbledown shacks in some of Rio de Janeiro's poorest hillside "favela" slums, places where armed drug traffickers lay down the law, stray bullets fly and raw sewage oozes into the streets.
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Survey shows China manufacturing industry expanded at modest pace in Oct even as output lags

Wed, 10/22/2014 - 11:51pm
A gauge of the health of China's manufacturing industry inched higher in October but factory output was at a five-month low in a sign of slowing domestic and foreign demand.
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Postal workers union wants Harvard president to oppose Staples deal or resign company board

Wed, 10/22/2014 - 11:47pm
The American Postal Workers Union is calling on Harvard University's president to oppose a business arrangement between Staples Inc. and the U.S. Postal Service, or resign her seat on the office supply company's board.
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Asia Stocks: Latest Quotes

Wed, 10/22/2014 - 11:40pm
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) up 0.1% ; Hong Kong (Hang Seng Index) down 0.4% ; Shanghai (Shanghai Composite Index) down 0.9% (at break) ; Sydney (S&P/ASX 200) down 0.2% ; Seoul (Kospi) down 0.3% ; Mumbai (Sensex) closed for holiday Taipei (Taiex) down 0.2% Copyright © 2014 MarketWatch, Inc.
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Hong Kong Stocks Weaken Further After China Data

Wed, 10/22/2014 - 10:30pm
Hong Kong stocks started with losses Thursday and headed lower after preliminary Chinese manufacturing data showed output rising at a faster pace but demand growth slowing.
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China Manufacturing Improves, But Demand Growth Slows: HSBC

Wed, 10/22/2014 - 10:00pm
China's manufacturing activity has made a mild improvement this month, but demand remains weak, according to preliminary data out Thursday from HSBC and Markit.
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Early Apple-1 computer sells for $905,000 at auction in New York, far exceeding expectations

Wed, 10/22/2014 - 8:54pm
A vintage Apple computer that was one of only 50 made in Steve Jobs' garage in 1976 sold for $905,000 at auction on Wednesday, far exceeding pre-sale estimates and outdoing a previous high price of more than $671,000 paid in Germany last year.
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Another White House Intruder Reportedly Arrested

Wed, 10/22/2014 - 8:39pm
Another intruder was caught jumping the fence at the White House, reports said Wednesday.
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Japan Stocks Fall, Taking Cue From Wall Street

Wed, 10/22/2014 - 8:22pm
Japanese stocks took a turn to the downside Thursday morning, with the Nikkei Average lower by 0.8% after a 2.1% rally the previous day, while the Topix pulled back by 0.9%.
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NY governor's memoir sales off to slow start in 1st week; he plans push after campaign demands

Wed, 10/22/2014 - 8:07pm
Days after New York Gov. Andrew Cuomo (KWOH'-moh) tempered expectations about how well his new memoir is selling, the first results are in.
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Bear cub found in Oregon drugstore goes to wildlife rehab; goal is to release it back to wild

Wed, 10/22/2014 - 7:48pm
A black bear cub found wandering the aisles of an Oregon drugstore will be raised with the goal of releasing him into the wild next year.
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