FOX News: Business

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Updated: 38 min 35 sec ago

Marriott Wins Approval From China For Starwood Deal, Paving The Way For Close

Tue, 09/20/2016 - 8:41am
Marriott International Inc. said Tuesday it has received antitrust approval from China for its acquisition of Starwood Hotels & Resorts Worldwide Inc. .
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US home construction slumped in August; big dip in the South

Tue, 09/20/2016 - 8:30am
Southern homebuilders pulled back on construction in August, causing the pace of housing starts nationwide to fall to their lowest level in three months.
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Netflix CEO Says No Progress in Entering China

Tue, 09/20/2016 - 8:23am
Netflix has made no progress in its plan to enter the potentially lucrative Chinese market as it needs to obtain a government license, its Chief Executive Officer Reed Hastings said on Tuesday
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What Is a Strangle Option?

Tue, 09/20/2016 - 8:22am
A strangle option can allow investors to bet on a big move in a stock, or to bet against one.
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Will Wells Fargo Pass This Crucial Test?

Tue, 09/20/2016 - 8:18am
The banks Chairman and CEO will testify before Congress on Tuesday.
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International Business Machines Corporation's Biggest Win in 2016 So Far

Tue, 09/20/2016 - 8:11am
Its been a solid, if not spectacular, year for Big Blue, largely because its delivering on this key metric.
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Dutch government forecasts growth but uncertainty

Tue, 09/20/2016 - 8:03am
Dutch King Willem-Alexander has formally opened the parliamentary year with a speech — written by the government — that characterized his country as emerging stronger from global economic malaise while still facing security fears and uncertainty linked to extremist threats, the refugee crisis and Britain's exit from the European Union.
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Housing Starts Fall 5.8% in August

Tue, 09/20/2016 - 7:52am
Housing starts came in at an annual rate of 1.142 million in August. That missed the estimate for 1.190 million. Building permits, which are a sign of future activity, came in at 1.139 million, missing the estimate for 1.170 million.
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Ascena Retail's Stock Plunges Toward 7 1/2-year Low As Disappointing Results Prompts Downgrade

Tue, 09/20/2016 - 7:44am
Shares of Ascena Retail Group Inc. plunged 24% towared a 7 1/2-year low in premarket trade Tuesday, after the parent of Ann Taylor retail stores missed fiscal fourth-quarter profit and same-store sales expectations.
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Lennar's 3Q results top Street, delivers more homes

Tue, 09/20/2016 - 7:40am
Lennar's fiscal third-quarter results topped analysts' estimates as it delivered more homes amid the ongoing recovery of the housing market.
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Monitor funds' influence on German business: monopolies body

Tue, 09/20/2016 - 7:25am
Germany needs to keep a closer eye on the influence of funds and institutional investors on German business because they may be distorting competition, the head of the Monopolies Commission said on Tuesday.
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SeaWorld Ends Dividend Breeding Program, Too

Tue, 09/20/2016 - 7:15am
The marine-life park operator suspends its once-generous dividend. It used to tower over rivals Six Flags and Cedar Fair as the top-yielding park stock, but now it's swimming in Nil City.
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The Latest: Gas prices keep rising in many southern states

Tue, 09/20/2016 - 7:03am
The Latest on the rupture of the Colonial Pipeline in Alabama (all times local): 7 a.m.
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How Safe Is Gilead Sciences Inc. and Its Dividend?

Tue, 09/20/2016 - 7:02am
The dividend is very strong, but what about the company's future prospects?
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Ahead of the Bell: US home construction

Tue, 09/20/2016 - 6:44am
The Commerce Department reports on August U.S. home construction Tuesday at 8:30 a.m. Eastern.
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7 Frequently Asked 403(b) Questions

Tue, 09/20/2016 - 6:36am
Don't take your 403(b) plan for granted, and don't ignore it. It can be a powerful retirement-savings aid, so make some smart moves today and you'll thank yourself later.
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White House: 51 companies pledge $650M in refugee support

Tue, 09/20/2016 - 6:21am
More than four dozen U.S. businesses have pledged $650 million in support to help some of the world's refugees, the White House announced Tuesday as President Barack Obama seeks to highlight the refugee plight before world leaders gathered for the annual U.N.
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Lennar's Profit, Revenue Tops Estimates

Tue, 09/20/2016 - 6:09am
Lennar, the second-largest U.S. homebuilder, reported higher-than-expected profit and revenue for the third quarter as it sold more homes at higher prices and the company said orders rose 8.1 percent.
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Wells Fargo CEO to Take 'Full Responsibility' in Senate Hearing

Tue, 09/20/2016 - 5:05am
Wells Fargo's chief executive, John Stumpf, will tell U.S. senators on Tuesday that he is "deeply sorry" for selling customers unauthorized bank accounts and credit cards and that he would take "full responsibility" for the unethical activity.
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Report finds racial wage gap widest in nearly 4 decades

Tue, 09/20/2016 - 5:03am
As wages for American workers have stagnated for more than a generation, the income gap between black and white workers has widened, and discrimination is the main reason for the persisting disparity, according to a new report.
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