FOX News: Business

Syndicate content FOX Business - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
Updated: 36 min 46 sec ago

Beer of champions? Wheaties teams up with brewery to create limited-edition beer

Thu, 08/13/2015 - 9:22am
These Wheaties may not be so good with milk.
Categories: FOX News

Bic South Africa says sorry after Facebook post urged women to 'Think like a man.'

Thu, 08/13/2015 - 9:12am
A company famous for its pens has apologized for marking a public holiday honoring women in South Africa with a Facebook post urging readers to "Think like a man." Bic South Africa posted the message with a photo of a smiling female model on its Facebook page on Aug. 9, the anniversary of a 1956 march led by women who were protesting the country's white minority rule at the time.
Categories: FOX News

Hold it! San Francisco tests pee-repellant paint as it battles public urination

Thu, 08/13/2015 - 9:11am
Public urination has gotten so bad in San Francisco that the city has painted nine walls with a repellant paint that makes pee spray back on the offender.
Categories: FOX News

Weekly Jobless Claims Unexpectedly Rise

Thu, 08/13/2015 - 8:54am
The number of Americans filing new applications for unemployment benefits unexpectedly rose last week, but the trend continued to point to a strengthening labor market.
Categories: FOX News

Advance Auto Parts beats 2Q profit expectations, misses revenue forecasts

Thu, 08/13/2015 - 8:49am
Advance Auto Parts Inc. (AAP) on Thursday reported second-quarter profit of $150 million.
Categories: FOX News

Import Prices Fall on Lower Oil, Strong Dollar

Thu, 08/13/2015 - 8:39am
The Labor Department reported on Thursday U.S. import prices in July posted their biggest decline in six months as the cost of petroleum products and other goods fell, suggesting inflation could remain tame for a while.
Categories: FOX News

Ahead of the Bell: Sprint shares jump on $87 million Softbank investment

Thu, 08/13/2015 - 8:34am
Shares of wireless provider Sprint Corp. jumped 4 percent in premarket trading after Softbank, a Japanese telecommunications and Internet-services company, said it took an additional $87 million stake in the company.
Categories: FOX News

US retail sales climb 0.6 pct. in July; autos, restaurants and building supplies drive gains

Thu, 08/13/2015 - 8:32am
Americans bought more cars, restaurant meals and building supplies in July.
Categories: FOX News

Auto Purchases Help Retail Sales Rebound in July

Thu, 08/13/2015 - 8:27am
Retail sales rebounded as households boosted car buying and purchases of a range of other goods, suggesting solid momentum for the economy.
Categories: FOX News

Democrats, GOP Reps Demand IRS Return Money to Small Businesses

Thu, 08/13/2015 - 8:18am
A bipartisan group of Congressmen on the House Ways and Means Oversight Subcommittee sent a letter to Treasury Secretary Jack Lew demanding the government return money to small businesses that the IRS had wrongfully seized under federal asset forfeiture laws.
Categories: FOX News

Citizens Bank to pay $34.5 million in refunds, penalties over deposit credit discrepancy

Thu, 08/13/2015 - 8:12am
Citizens Bank has been ordered to pay $34.5 million in refunds and penalties for shortchanging customers on their full deposits.
Categories: FOX News

Coca-Cola Names New President, COO

Thu, 08/13/2015 - 8:12am
The beverage giant said on Thursday it appointed James Quincey, formerly the company’s Europe Group president, to take over as president and chief operating officer overseeing global operations effective immediately.
Categories: FOX News

Tesla Looks to Raise $500M Through Share Sale

Thu, 08/13/2015 - 8:01am
A week after the electric-care maker reported a larger-than-expected quarterly loss, the company said it intends to raise about $500 million through the sale of 2.1 million shares for use in its energy unit, Model 3 project, and Gigafactory.
Categories: FOX News

US business stockpiles expected to show moderate gain in June

Thu, 08/13/2015 - 7:47am
The Commerce Department reports on June business stockpiles at 10 a.m. Eastern Thursday.
Categories: FOX News

Coty beats 4Q earnings and revenue expectations

Thu, 08/13/2015 - 7:28am
Coty Inc. (COTY) on Thursday reported fiscal fourth-quarter net income of $21 million, after reporting a loss in the same period a year earlier.
Categories: FOX News

China Central Bank: No Reason for Yuan to Fall Further

Thu, 08/13/2015 - 7:24am
China's central bank said there was no reason for the yuan to fall further given the nation's strong economic fundamentals, in a bid to reassure jittery global markets after it devalued the currency twice earlier in the week.
Categories: FOX News

Applications for US unemployment aid likely remained at 270,000, as layoffs stay low

Thu, 08/13/2015 - 6:59am
The Labor Department reports on the number of people who applied for unemployment benefits last week at 8:30 a.m. Eastern Thursday.
Categories: FOX News

More shopping in July as US retail sales likely increased 0.6 percent

Thu, 08/13/2015 - 6:42am
The Commerce Department releases retail sales data for July on Thursday at 8:30 a.m. Eastern.
Categories: FOX News

Shipper Moller-Maersk posts 'satisfactory' Q2 result despite lower freight rates, oil price

Thu, 08/13/2015 - 3:54am
Denmark's shipping and oil group A.P.
Categories: FOX News

German prosecutors file charges against Deutsche Bank employees in emissions trading case

Thu, 08/13/2015 - 3:35am
German prosecutors have filed tax evasion charges against eight current and former Deutsche Bank employees over their alleged participation in a value-added tax fraud scheme involving a chain of transactions with carbon dioxide emissions certificates.
Categories: FOX News