FOX News: Business

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Updated: 42 min 14 sec ago

What's in a name? Google's Alphabet and the quirky science of corporate naming

Wed, 08/12/2015 - 8:13am
What's in a name? Most corporate naming experts say Google's decision to reorganize its businesses under a new holding company called "Alphabet" is close to letter perfect.
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Kraft Heinz slashing 2,500 as part of steep cost-cutting plan following merger

Wed, 08/12/2015 - 8:12am
Kraft Heinz says it is cutting about 2,500 jobs as part of its plan to slash costs after the food companies combined.
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Macy's Misses, Forms China E-Commerce Joing Venture

Wed, 08/12/2015 - 7:57am
The department-store giant reported a 2.6% drop in quarterly sales, the fourth drop in six quarters, as spending from foreign tourists dropped off.
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Alibaba Shares Tumble As Revenue Falls Short Of Estimates

Wed, 08/12/2015 - 7:21am
Alibaba Group Holdings Inc. shares slumped almost 5% in premarket trade Wednesday, after the Chinese e-commerce giant reported weaker-than-expected revenue for its fiscal first quarter.
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Estonia to cull 3,700 more pigs to prevent spread of African swine fever

Wed, 08/12/2015 - 7:13am
Estonian authorities say they will cull about 3,700 pigs to prevent the spread of African swine fever.
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Alibaba Quarterly Revenue Misses Estimates

Wed, 08/12/2015 - 7:11am
The e-commerce giant's revenue for the three months ended June rose 28%, missing analysts' estimates, with growth slowing to its lowest rate in more than three years.
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China Lets Yuan Fall Further, Fuels Fears of Currency War

Wed, 08/12/2015 - 6:47am
China's yuan hit a four-year low on Wednesday, falling for a second day after authorities devalued it, and sources said clamor in government circles to help struggling exporters would put pressure on the central bank to let it fall lower still.
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Shell CEO says decision to drill in Arctic required careful evaluation of risks

Wed, 08/12/2015 - 6:23am
The CEO of Royal Dutch Shell says he decided to drill for oil off the coast of Alaska after a careful evaluation of the risks.
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Take this job and buy it! More top employees are buying small businesses from retiring owners

Wed, 08/12/2015 - 4:46am
As retiring baby boomers look to sell the small businesses they have run for years, top employees are often becoming the boss.
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Pearson ends role in news publishing with sale of Economist Group

Wed, 08/12/2015 - 4:33am
Pearson has agreed to sell its 50 percent stake in the publisher of the Economist magazine for 469 million pounds ($731 million) as it sheds media holdings to focus on its core education business.
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Clinton debt-free tuition plan could cause a surge in enrollment, boosting cost

Wed, 08/12/2015 - 3:42am
Hillary Rodham Clinton's plan to make college more affordable and ease the burden of student debt could easily end up costing more than her proposed $350 billion.
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Keystone XL review drags on 5 times longer than average, despite US claims of standard process

Wed, 08/12/2015 - 3:14am
For six and a half years, the White House has had a quick comeback to questions about its yet-to-be-announced decision on the proposed Keystone XL pipeline: Talk to the State Department.
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Hacker ring accused of making $100M in stock market by stealing corporate press releases

Wed, 08/12/2015 - 2:06am
Federal prosecutors say Ukrainian hackers worked with securities traders to make $30 million by breaking into the computer systems of companies that publish news releases about mergers and acquisitions.
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Jury awards $6.6 million to woman raped in Boston hotel parking garage days after other rape

Tue, 08/11/2015 - 10:19pm
A woman raped in a hotel parking garage days after another woman was raped there has been awarded $6.6 million by a jury.
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Gov't signs wage deal in Jamaica, where public workers have been laboring under wage freeze

Tue, 08/11/2015 - 8:02pm
Jamaica has signed a new wage deal with some trade unions that will see salaries boosted by 4 percent during the agreement's first year.
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China Devalues Currency, Sending U.S. Markets into a Tailspin

Tue, 08/11/2015 - 6:56pm
The People's Bank of China sent the U.S. markets into a tailspin Tuesday following its surprise move to devalue its currency, the Yuan. 
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AM General starts building Mercedes SUV at Indiana plant, hopes other automakers will follow

Tue, 08/11/2015 - 6:55pm
Black Mercedes-Benz R-Class SUVs rolled down the AM General assembly line Tuesday interspersed with white MV-1 wheelchair-accessible vans as workers began producing vehicles for the German automaker, a scene company officials believe is a sign of hope for the northern Indiana auto plant where Hummer H2s once were made.
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American Apparel Says May Not Have Enough Funds for Next 12 Months

Tue, 08/11/2015 - 6:14pm
Struggling teen apparel retailer American Apparel Inc said it does not expect to have sufficient funds for the next 12 months and that it may not be able raise additional capital.
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API Says Crude-oil Inventories Fell 847,000 Barrels: Reports

Tue, 08/11/2015 - 6:05pm
The American Petroleum Institute on Tuesday estimated that U.S. crude-oil inventories declined by 847,000 barrels last week, news
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Hawaiian, Alaska, Delta top airline on-time rankings; Spirit last with half of flights delayed

Tue, 08/11/2015 - 6:04pm
Here are the government's rankings of the leading airlines and their on-time performance for June.
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