FOX News: Business

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Updated: 39 min 52 sec ago

In letter to Obama, Cuomo and Christie ask feds to pay for half of new Hudson rail tunnel

Tue, 09/15/2015 - 12:26pm
The governors of New York and New Jersey are asking the federal government to pay for half the cost of a new rail tunnel under the Hudson River.
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Purdue scientists find new fungal corn disease in north-central Indiana field

Tue, 09/15/2015 - 12:23pm
Scientists at Purdue University say they've found a corn disease not previously found in the U.S. in plant samples from a field in north-central Indiana.
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Interior secretary: Major backlog of inspections for high-risk oil, gas wells on federal land

Tue, 09/15/2015 - 12:18pm
Interior Secretary Sally Jewell says her agency does not have sufficient resources to inspect high-risk oil and gas wells on federal land as a drilling boom continues in Wyoming, Colorado and other states.
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Supreme Court rules charter schools must buy back taxpayer-funded charter school equipment

Tue, 09/15/2015 - 12:18pm
A specific group of charter schools must buy back equipment like textbooks and computers from their management company, even though the company used taxpayer dollars to purchase the items originally, the Ohio Supreme Court ruled Tuesday.
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UPS says it expects to hire 90,000 to 95,000 workers for the holiday season

Tue, 09/15/2015 - 12:09pm
UPS said Tuesday it will hire 90,000 to 95,000 employees — about the same as last year — to help handle shipping and deliveries over the holiday season.
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Olin expects to close $5 billion buyout of Dow Chemical unit in early October

Tue, 09/15/2015 - 12:05pm
Olin Corp. expects to close on its acquisition of Dow Chemical's chlorine operations early next month.
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Subway says co-founder Fred DeLuca dead at 67 after being diagnosed with leukemia

Tue, 09/15/2015 - 11:17am
Subway says its co-founder Fred DeLuca died Monday evening after being diagnosed with leukemia two years ago, He was 67.
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FDA bans 4 cigarette brands from R.J. Reynolds for not meeting review requirements

Tue, 09/15/2015 - 11:14am
The Food and Drug Administration is ordering a ban on sales of four cigarette brands from R.J.
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Whistleblowing FAA controllers reveal safety risk that could cause planes to collide

Tue, 09/15/2015 - 11:12am
The office that protects government whistleblowers says air traffic controllers have exposed a problem that increases the risk of planes colliding or flying dangerous close together.
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Consumers Dismiss August Market Swings, Spend Freely

Tue, 09/15/2015 - 11:05am
Given all the scary headlines recounting huge drops in the major U.S. stock indexes it wouldn’t have been surprising if U.S. consumers had grown skittish about spending in August. But that wasn’t the case.
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UPS Sees Steady Hiring Ahead of Holiday Shipping Season

Tue, 09/15/2015 - 10:51am
UPS said on Tuesday it plans to hire between 90,000 and 95,000 temporary workers for the upcoming holiday season, about even with the estimate the shipping giant gave a year ago.
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GE may move up to 500 US jobs overseas since Congress failed to renew Ex-Im Bank funding

Tue, 09/15/2015 - 10:25am
General Electric Co. may move up to 500 American jobs overseas because Congress did not renew a government program that allows foreign companies to borrow money to buy U.S. products.
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US stocks move higher in early trading; Energy sector leads as price of crude oil turns higher

Tue, 09/15/2015 - 10:16am
U.S. stocks rose in early trading on Tuesday, led by energy companies as the price of oil turned higher.
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U.S. Stocks Open Higher As Investors Focus On Fed

Tue, 09/15/2015 - 9:50am
U.S. stocks opened slightly higher Tuesday as investors focused on the Federal Reserve's much anticipated two-day policy meeting this week.
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Target Pilot Program Offers Grocery Delivery In As Little As An Hour

Tue, 09/15/2015 - 9:35am
Target Corp. has launched a pilot program that will deliver groceries ordered online to the customer's home in two hours or less.
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Top Russian official calls for "ethical code" to cut drinking at state-owned arms producers

Tue, 09/15/2015 - 9:31am
Russian Deputy Prime Minister Olga Golodets has called on state-owned arms producers to introduce an ethics code in order to battle alcohol abuse in the workplace.
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Ford, Alcoa team to add more lighter-weight aluminum in production of F-150 pickups

Tue, 09/15/2015 - 9:28am
Ford and Alcoa are broadening their partnership through the use of a newer form of aluminum that's stronger and more easily shaped into auto body parts for the carmaker's popular F-150 series pick-up trucks.
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U.S. Factory Output Declines in August

Tue, 09/15/2015 - 9:19am
U.S. manufacturing output contracted more than expected in August, dragged down by a sharp fall in auto production.
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Estonia anticipates bankruptcy of Estonian Air amid EU state aid probe, ready with new airline

Tue, 09/15/2015 - 9:19am
Estonia is ready to create a new airline should the European Union rule that the existing national flag carrier illegally received state aid, a decision that would put it out of business.
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GE To Move 500 U.S. Jobs Overseas

Tue, 09/15/2015 - 9:17am
General Electric Co. said Tuesday it will move about 500 jobs from the U.S. to overseas locations, as the expiration of the U.S. Export Import Bank (Ex-Im) authorization has forced the company to pursue non-U.S.
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