FOX News: Business

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Updated: 27 min 43 sec ago

Oil Set for Third-Straight Weekly Loss

Fri, 07/11/2014 - 7:58am
U.S. crude oil futures were poised to fall for the third week in a row as worries about supplies from the Middle East and North Africa ebbed. 
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Food Inflation to Cool as Farm Prices Dip

Fri, 07/11/2014 - 7:53am
Global food inflation may be poised to recede over the next decade as the prices for agricultural commodities fall. 
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European Shares Rebound as Portugal Woes Ease

Fri, 07/11/2014 - 7:46am
European markets rebounded on Friday as traders speculated bank issues in Portugal are unlikely to spread across the continent. 
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Ohio casino tax revenue for past year falls short of predictions; racino competition blamed

Fri, 07/11/2014 - 7:21am
Ohio's casino tax revenue over the past year fell short of what state officials had predicted.
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Yankees' Derek Jeter has best-selling MLB jersey followed by Giants' Buster Posey

Fri, 07/11/2014 - 7:18am
Derek Jeter heads to his final All-Star game as the baseball player with the best-selling jersey.
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Utah residents say state should reject daylight saving time, join Hawaii and Arizona

Fri, 07/11/2014 - 7:17am
Utah residents said Thursday that officials should reject daylight saving time and join Arizona and Hawaii as the only states that don't adjust their clocks.
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Top 20 Concert Tours from Pollstar

Fri, 07/11/2014 - 7:14am
The Top 20 Concert Tours ranks artists by average box office gross per city and includes the average ticket price for shows in North America.
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Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2

Fri, 07/11/2014 - 7:14am
Cigarette makers Reynolds American Inc. and Lorillard Inc. say they are in talks of a possible merger that would combine two of the nation's biggest tobacco companies.
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Lorillard Shares Rally After Reynolds Confirms Buyout Talks

Fri, 07/11/2014 - 7:12am
Shares of Lorillard rallied 4.5% in premarket trade after Reynolds American confirmed that it was in discussions regarding a possible acquisition of the cigarette maker.
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Whirpool to pay more than $1b for controlling stake in Italian appliance maker Indesit

Fri, 07/11/2014 - 6:54am
Whirlpool will pay more than $1 billion for a controlling stake in Indesit, the appliance maker's counterpart in Italy.
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Asian stock markets weak amid new Europe jitters after problems at Portugal bank

Fri, 07/11/2014 - 6:41am
European stock markets rebounded Friday after slumping on worries about the soundness of a bank in Portugal, while trading in Asia was muted over the specter of more financial turmoil in Europe.
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US budget likely in surplus in June; deficit expected to be at lowest level since 2008

Fri, 07/11/2014 - 6:29am
The Treasury Department will report on the government's budget deficit for June.
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Traders in Buenos Aires, Frankfurt should be alert to World Cup final outcome, research shows

Fri, 07/11/2014 - 6:21am
Argentina and Germany face off in the World Cup final on Sunday and research shows investors in both countries should be alert to potential drops on their stock markets the day after in case of defeat.
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Imperial Tobacco in talks to buy Reynolds American, Lorillard brands amid merger speculation

Fri, 07/11/2014 - 6:08am
Imperial Tobacco Group PLC says it's in discussions with U.S. cigarette makers Reynolds American Inc. and Lorillard Inc. to acquire some of their brands and assets amid talks of a possible merger.
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Oil price gives up most gains of previous day as supply worries continue to ease

Fri, 07/11/2014 - 4:36am
The price of oil began to fall again on Friday, giving up most of the gains it had made the previous day in the first rally in two weeks.
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Asia Stocks: Markets Close Mixed

Fri, 07/11/2014 - 4:03am
Here are the closing levels for Asia's major stock markets: Tokyo (Nikkei Average) down 0.3% ; Hong Kong (Hang Seng Index) flat ; Shanghai (Shanghai Composite Index) up 0.4% ; Sydney (S&P/ASX 200) up 0.4% ; Seoul (Kospi) down 0.7% ; Taipei (Taiex) down 0.7% Copyright © 2014 MarketWatch, Inc.
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Dead vegetation reported but officials say no evidence of contamination in bay after ND spill

Fri, 07/11/2014 - 3:25am
A company official says the path of saltwater that spilled from a pipeline in western North Dakota extends for nearly 2 miles and has left behind a 200-yard-long stretch of dead vegetation.
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LG Display unveils 18-inch flexible display that can roll like a map

Fri, 07/11/2014 - 3:21am
LG Display Co. has shown an 18-inch flexible display that can be rolled into the shape of a thin cylinder.
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AP Interview: Dubai airport boss aims to keep pace with rapid growth in flight toward top rung

Fri, 07/11/2014 - 3:01am
Now that he's had a taste of running the world's busiest air hub for international passengers, Dubai Airports CEO Paul Griffiths is determined to hang on to the honor while setting his sights on an even bigger prize: beating Atlanta for the title of busiest airport on the planet.
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Infosys quarterly profit up 15.3 percent, maintains revenue growth forecast

Fri, 07/11/2014 - 2:52am
Indian outsourcing company Infosys reported a 15 percent increase in quarterly profit and maintained its revenue growth forecast.
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