FOX News: Business
FOXBusiness.com - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
Updated: 13 min 51 sec ago
Coty Inc. said on Tuesday it plans to relocate its executive management offices to London, but will remain incorporated in Delaware and have its stock traded on the New York Stock Exchange, after the merger with Procter & Gamble's specialty beauty business is completed.
It's one of the money-market industry's biggest deals ever: Bank of America has agreed to sell responsibility for about $87 billion in money-market funds and other products it manages to BlackRock.
General Motors, Ford and Fiat Chrysler all reported higher October vehicle sales. Only Ford fell short of industry estimates.
Office Depot reported on Tuesday third-quarter earnings that fell to $6 million, or 1 cent a share, from $29 million, or 5 cents a share, in the same period a year ago.
American Express and Airbnb announced a partnership Tuesday that will allow card members to create a log in with their American Express credentials and add an extra layer of verification.
Sprint, the fourth-largest U.S. wireless carrier, reported a smaller quarterly loss as the company turns around its business by cutting costs and upgrading its networks.
Sprint Corp.'s stock dropped 4.5% in premarket trade Tuesday, after the telecommunications company reported a wider-than-expected fiscal second-quarter loss, and a surprise decline in sales.
Avago Technologies is set to win unconditional approval by the European Union's competition regulators for its proposed $37 billion takeover of Broadcom.
Archer Daniels Midland Co. said Tuesday it had net income of $252 million.
Archer Daniels Midland reported an adjusted 3Q profit of $0.60 per share, missing the estimate for $0.70. Revenue of $16.57 billion, also missing the estimate for $17.7 billion.
Aston Martin pulled out all the stops for the 24th James Bond film to hit the big screen. The British luxury automaker, known for fast cars and its longtime partnership with the Bond franchise, created a sports car exclusively for Daniel Craig's character in “Spectre.”
King Digital Entertainment PLC surged 14% in premarket trade on Tuesday after Activision Blizzard Inc. late Monday said it'll buy the "Candy Crush Saga" gaming company for $3.4 billion plus debt.
Amazon.com is delivering a long-awaited benefit for new fathers: paternity leave. Amazon joins a host of companies that have recently expanded family-leave policies.
The Canadian company behind the proposed Keystone XL pipeline asked the U.S. government to suspend review of the $8 billion project.
Royal Dutch Shell PLC said on Tuesday it expected synergies from its planned $70 billion takeover of BG Group PLC to be 40% higher than previously announced.
Video game maker Activision Blizzard said it will buy "Candy Crush Saga" creator King Digital Entertainment for $5.9 billion to strengthen its mobile games portfolio.