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: 33 min ago

Kohl's Sales, Profit Miss Views on Weak Demand

Thu, 11/13/2014 - 9:20am
Department store operator Kohl's Corp reported lower-than-expected quarterly sales and profit as comparable-store sales declined more than the company's own estimate and costs rose.
Categories: FOX News

Report: Hasbro in Talks to Buy DreamWorks Animation

Thu, 11/13/2014 - 9:10am
Toymaker Hasbro Inc (NASDAW:HAS) is in talks to buy Hollywood studio DreamWorks Animation SKG Inc (NASDAQ:DWA), the New York Times reported, citing people briefed on the matter.
Categories: FOX News

Procter & Gamble To Record a Charge, Restate Battery Earnings After Duracell Sale

Thu, 11/13/2014 - 9:02am
Procter & Gamble said on Thursday that it will record a non-cash charge of about 28 cents a share in the current quarter, following its agreement to sell its Duracell battery business to Berkshire Hathaway .
Categories: FOX News

U.S. Stock Futures Bounce with Earnings, Data in Focus

Thu, 11/13/2014 - 8:57am
U.S. equity futures were higher as investors braced for weekly jobless claims and focused on earnings, but analysts continue to voice concerns of a potential market correction.
Categories: FOX News

Warren Buffett's Berkshire Hathaway To Buy Procter & Gamble's Duracell Business

Thu, 11/13/2014 - 8:46am
Warren Buffett's Berkshire Hathaway announced an agreement to buy Procter & Gamble's Duracell battery business, in a deal expected to close in the second half of 2015.
Categories: FOX News

China must transform its coal-based economy to meet climate change targets

Thu, 11/13/2014 - 8:37am
Chinese leaders pledged for the first time to cap the country's decades-long growth of greenhouse gas emissions.
Categories: FOX News

Applications for US jobless aid rise from recent 14-year low; still points to solid job gains

Thu, 11/13/2014 - 8:34am
More people sought U.S. unemployment benefits last week, but the increase wasn't sharp enough to disrupt the job market's positive momentum.
Categories: FOX News

Viacom Profit, Sales Beat Expectations

Thu, 11/13/2014 - 8:02am
Viacom reported on Thursday fiscal fourth-quarter net profit of $732 million, or $1.72 a share, compared with earnings of $804 million, or $1.68 a share, in the year-earlier period, as the weighted average number of diluted shares outstanding declined 11%.
Categories: FOX News

Target buys Pittsburgh technology firm promising 'Amazon-like' shopping experience in stores

Thu, 11/13/2014 - 7:36am
Target Corp. has acquired a Pittsburgh company that says its software platform brings "an Amazon-like shopping experience" to in-store customers.
Categories: FOX News

US budget deficit expected to rise in October

Thu, 11/13/2014 - 7:36am
The Treasury Department releases a report on the federal budget for October.
Categories: FOX News

DreamWorks surges in premarket trading on report it is in buyout talks with Hasbro

Thu, 11/13/2014 - 7:33am
Shares of DreamWorks Animation SKG Inc. are soaring in Thursday premarket trading following a media report that toy company Hasbro is in discussions to buy the studio.
Categories: FOX News

Montana tribes to receive Yellowstone bison held by Ted Turner since 2010

Thu, 11/13/2014 - 7:19am
A group of Yellowstone National Park bison is due to finally arrive at a permanent home on a northeastern Montana American Indian reservation on Thursday, almost a decade after they were captured and spared from slaughter.
Categories: FOX News

Victim's family worries '48 Hours' episode will create sympathy for alleged murderer

Thu, 11/13/2014 - 7:19am
The family of a woman murdered while vacationing in Mexico wants CBS not to air a prison diary made by the man accused of the crime for fear it will make him a sympathetic figure.
Categories: FOX News

Warhol's portraits of Elvis and Brando, de Kooning sculpture highlight New York art auction

Thu, 11/13/2014 - 7:19am
Extremely rare portraits by Andy Warhol of Hollywood superstars Elvis Presley and Marlon Brando were among the highlights at a record-breaking auction of postwar and contemporary art on Wednesday.
Categories: FOX News

Wal-Mart Stores posts 3Q revenue of $119 billion, result beats expectations

Thu, 11/13/2014 - 7:19am
Wal-Mart Stores Inc. (WMT) on Thursday reported earnings of $3.71 billion, or $1.15 per share, in its fiscal third quarter.
Categories: FOX News

Country star Jason Aldean puts out first statement about decision to pull album from Spotify

Thu, 11/13/2014 - 7:19am
Country star Jason Aldean pulled one of the year's hottest country albums — his latest record, "Old Boots, New Dirt," — off the music streaming service Spotify because he said he wants songwriters, publishers, producers and engineers to get fairly compensated.
Categories: FOX News

US applications for jobless aid likely rose last week; average still at pre-recession lows

Thu, 11/13/2014 - 7:01am
The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week.
Categories: FOX News

U.K. House-price Growth Slows To 17-month Low: RICS

Thu, 11/13/2014 - 5:52am
Growth in U.K. house prices slowed to the lowest level since May 2013 in October, as buyer demand slipped for a fourth straight month, according to the RICS U.K. residential market survey released on Thursday.
Categories: FOX News

Fed's Dudley: It's Still Too Soon To Lift Interest Rates

Thu, 11/13/2014 - 5:04am
MADRID (Marketwatch) -- Unemployment that's too high and inflation that's too low mean it's "still premature" to raise U.S. interest rates, said New York Federal Reserve President William Dudley on Thursday.
Categories: FOX News

World stocks rise as Japan data shows glimmer of improvement, Europe awaits inflation data

Thu, 11/13/2014 - 5:00am
Global stocks were mostly higher Thursday after Japan reported a surprise rise in machinery orders as investors looked ahead to the latest U.S. employment and retail sales data.
Categories: FOX News