FOX News: Business

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Updated: 8 min 34 sec ago

Nordstrom Profit Rises

Thu, 08/13/2015 - 5:25pm
Nordstrom Inc.'s second-quarter profit rose as the retailer recorded a $51 million gain related to the planned sale of its U.S. credit-card portfolio to Toronto-Dominion Bank.
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Paylocity reports 4th-quarter loss but tops expectations

Thu, 08/13/2015 - 5:24pm
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Goldman Sachs buys $16 billion in deposits from General Electric's closing banking business

Thu, 08/13/2015 - 5:21pm
Goldman Sachs is buying $16 billion worth of deposits from GE Capital, the finance arm of General Electric, both companies said Thursday.
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Motorola Mobility to cut 500 jobs in Chicago as parent company seeks more product development

Thu, 08/13/2015 - 5:20pm
Motorola Mobility says it's cutting 500 jobs at its Chicago headquarters, about a quarter of its workforce.
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Prosecutor: Scam charity duped high school students working at arenas, pocketed their pay

Thu, 08/13/2015 - 5:19pm
Prosecutors say more than 100 New York high school students and dozens more in Chicago, Houston and Nashville, Tennessee, have been cheated out of promised paychecks by a "scam" charity.
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Florida AG on Suing EPA Over Air Quality Rules

Thu, 08/13/2015 - 5:02pm
A group of attorneys general – on behalf of 17 states -- is suing the EPA over air quality rules, alleging they go too far.
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FDA approves OxyContin to treat severe, chronic pain in children 11 to 16

Thu, 08/13/2015 - 4:58pm
The Food and Drug Administration has approved the powerful painkiller OxyContin for a new use in children 11 to 16 suffering from severe, chronic pain.
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GM recalls 73,424 Chevrolet Cobalts for defective air bag wiring

Thu, 08/13/2015 - 4:52pm
General Motors is recalling 73,424 Chevrolet Cobalt small cars globally because improper wiring could prevent the roof-mounted driver's side air bag from deploying after a crash.
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Candy Crush Creator King Digital's Profit Falls 28%

Thu, 08/13/2015 - 4:47pm
King Digital, the creator of Candy Crush Saga, reported a 28% drop in quarterly profit as monthly unique users fell slightly and a strong dollar dented sales from outside the United States.
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$140M in conservation work proposed for Gulf of Mexico; money comes from 2010 BP oil spill

Thu, 08/13/2015 - 4:26pm
Ten watersheds around the rim of the Gulf of Mexico — from Florida to Texas — are being looked at as sites for $140 million in proposed conservation projects under a plan to restore the Gulf from BP's catastrophic 2010 oil spill.
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Applied Materials Revenue Rises 9.9%

Thu, 08/13/2015 - 4:24pm
Applied Materials reported a 9.9% rise in quarterly revenue as chipmakers spent more on technology used to make smartphones and memory chips.
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How the Dow Jones industrial average and other major indexes fared on Thursday

Thu, 08/13/2015 - 4:16pm
U.S. stocks were little changed at the close of trading Thursday as the decline in China's currency slowed.
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Figures on government spending and debt

Thu, 08/13/2015 - 4:01pm
Figures on government spending and debt (last six digits are eliminated).
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ExxonMobil cited, fined following probe into California refinery explosion last February

Thu, 08/13/2015 - 3:23pm
The California agency that investigates workplace accidents has cited and fined ExxonMobil more than $560,000 for workplace safety and health violations following a probe into February's explosion at a Los Angeles-area refinery.
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SEC Commissioners Tell Industry To Finish Muni Rules On Markups

Thu, 08/13/2015 - 3:12pm
In an unusual statement, four commissioners on the Securities and Exchange Commission called on industry bodies to finish rules on the disclosure of mark-ups and mark-downs on municipal bonds -- and threatened agency action if not done.
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About 3,500 American SportWorks off-road utility vehicles recalled because throttle can fail

Thu, 08/13/2015 - 2:41pm
American SportWorks is recalling about 3,500 off-road utility vehicles because the throttle can fail and cause the driver to lose control.
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Nymex Oil Futures Close At Lowest Level Since March 2009

Thu, 08/13/2015 - 2:38pm
The U.S. crude-oil benchmark settled at its lowest price in more than six years Thursday, pressured by global supply worries and a stronger U.S. dollar.
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Q&A: Samsung's new mobile-payment service, and how it compares with Apple, Google offerings

Thu, 08/13/2015 - 2:29pm
Samsung is hoping its new mobile-payment service will let you leave your wallet at home.
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Google looks to expand Chromebook's share of corporate market with latest laptop made by Dell

Thu, 08/13/2015 - 2:14pm
Google's latest Chromebook laptop will be specially designed for corporate customers in an effort to get more workers off machines powered by Microsoft's dominant Windows software.
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Health law sign-ups pushing higher; nearly 1 million used 'special enrollment periods'

Thu, 08/13/2015 - 2:06pm
Nearly a million people signed up for health insurance under President Barack Obama's law even after the official enrollment season ended, helping push the share of uninsured Americans below 10 percent and underscoring how hard it could be for Republicans to dismantle the program.
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