FOX News: Business

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Updated: 31 min 9 sec ago

Nvidia's data center, automotive miss overshadows profit beat

Thu, 08/10/2017 - 5:49pm
Nvidia Corp reported lower-than-expected quarterly revenue in its fast-growing data center and automotive businesses, overshadowing a strong profit beat driven by sales of gaming devices such as Nintendo Co Ltd's Switch.
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Business Highlights

Thu, 08/10/2017 - 5:40pm
___ Department store chains see key sales figures fall again NEW YORK (AP) — Department store chains saw key sales figures fall again in the latest quarter as customers increasingly move online.
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Nasdaq posts higher-than-expected quarterly profit

Thu, 08/10/2017 - 5:33pm
Exchange operator Nasdaq Inc reported a better-than-expected quarterly profit, helped by a jump in revenue in its market services business that oversees transactions, clearing and settlement services.
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The Latest: Wisconsin Senate leader moving on Foxconn bill

Thu, 08/10/2017 - 5:29pm
The Latest on proposed state incentives to bring a Foxconn plant to southeastern Wisconsin (all times local): 4:30 p.m.
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How major US stock market indexes fared Thursday

Thu, 08/10/2017 - 5:14pm
U.S. stocks closed lower for the third day in a row Thursday, led by declines in technology companies and banks, two of the highest-performing sectors over the last year.
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Snap posts lower-than-expected daily active users, shares drop

Thu, 08/10/2017 - 5:14pm
Snap Inc reported a lower-than-expected number of daily active users for Snapchat, its popular messaging app, for the second quarter as the company grapples with stiff competition from Facebook Inc, sending its shares down about 6 percent in extended trading.
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News Corp revenue misses on weak demand for print advertising

Thu, 08/10/2017 - 5:13pm
News Corp reported fourth-quarter revenue that missed estimates as the owner of the Wall Street Journal was hurt by decling demand for print advertising.
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Decreasing life expectancy could benefit US businesses

Thu, 08/10/2017 - 5:00pm
U.S. mortality rates have stopped improving, so noticeably that large corporations are beginning to factor Americans’ earlier-than-expected deaths into financial forecasts.
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Chevrolet introduces Camaro ZL1 for 2018 NASCAR Cup Series

Thu, 08/10/2017 - 4:35pm
Chevrolet has introduced a new car for next year's NASCAR Cup Series — a Camaro ZL1.
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Feds: Ex-QVC exec stole over $1M to fund lavish lifestyle

Thu, 08/10/2017 - 4:28pm
Authorities say a former director of the home shopping network QVC has been charged with defrauding the company out of more than $1 million that he used to buy lavish gifts for himself and friends.
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Judge orders writer of NY Times' Palin editorial to testify

Thu, 08/10/2017 - 4:20pm
A federal judge has ordered the writer of a New York Times editorial about Sarah Palin to testify at a hearing concerning her defamation lawsuit.
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Diplomat Pharmacy Inc Makes Up for Lost Contracts

Thu, 08/10/2017 - 4:06pm
After losing some contracts, the specialty pharmacy company has been able to replace that revenue, setting itself up for growth next year.
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Why Urban Outfitters, Inc. Stock Dropped Today

Thu, 08/10/2017 - 4:01pm
The clothing retailer plunged along with several of its peers. Here's what happened.
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New border grants announced while program's future in doubt

Thu, 08/10/2017 - 3:56pm
The $2.25 million in federal grants for a series of development projects for the economically challenged area along the U.S.-Canadian border in northern Vermont could be the last unless Congress funds next year's program over the objection of the Trump Administration.
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GoPro Inc. Is Finally Learning From Past Mistakes

Thu, 08/10/2017 - 3:55pm
After years of overbuilding inventory and making cameras that were too difficult to use, GoPro is executing a strategy that could save the company.
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Out of prison, ex-Alabama governor still arguing innocence

Thu, 08/10/2017 - 3:34pm
After more than six years in federal prison and house arrest, former Alabama Gov. Don Siegelman is campaigning again.
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Is Twitter's Ad Business Sustainable?

Thu, 08/10/2017 - 3:05pm
Twitter's quarterly report is casting some doubt onto whether or not the social media company can sustain its ad business.
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Photo of purported Walmart gun display roils social media

Thu, 08/10/2017 - 3:01pm
Walmart says it's investigating a photo that purports to show a sign reading "Own The School Year Like A Hero" displayed atop a gun-filled case in one of its stores.
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Airplane with boarding door open makes emergency landing

Thu, 08/10/2017 - 2:59pm
An airplane traveling from Maine to Boston has had to make an emergency landing because one of its cabin doors opened midflight.
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Oil Prices Down 2%, But Natural-gas Rallies To 3-week High

Thu, 08/10/2017 - 2:56pm
Oil fell Thursday as U.S. prices failed to hold ground above the key $50-a-barrel level despite the latest weekly decline in U.S. crude inventories.
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