FOX News: Business

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Updated: 31 min 14 sec ago

South Korea indicts 63 people in corruption investigation into defense procurement projects

Wed, 07/15/2015 - 7:16am
More than 60 South Koreans, including two former navy chiefs of staff, have been indicted in an investigation into alleged corruption associated with numerous defense procurement projects, prosecutors said Wednesday.
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Money in the tank: Presidential election already fueled by $377 million for ads, polling, more

Wed, 07/15/2015 - 7:15am
The 2016 presidential contest is barely underway, and already donors have poured some $377 million into it, an Associated Press review shows.
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After months of anticipation, Harper Lee's 'Go Set a Watchman' is released

Wed, 07/15/2015 - 7:13am
Shortly after sunrise Tuesday, the doors opened at the Old Courthouse Museum in Monroeville, Alabama, and a bell tolled.
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Bank of America Profit Rises on Lower Legal Costs

Wed, 07/15/2015 - 6:57am
The nation's second-biggest bank by assets reported quarterly profit that more than doubled from a year ago when earnings were hit by legal costs.
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Oil Falls on Prospect of Higher Iranian Exports

Wed, 07/15/2015 - 6:55am
Oil prices fell Wednesday as investors digested the likely impact of increasing Iranian fuel exports at a time of heavy oversupply in the global marketplace after a milestone nuclear deal was reached between six world powers.
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BlackRock Beats on the Bottom Line

Wed, 07/15/2015 - 6:52am
BlackRock reported better-than-expected profit and revenue growth in its second quarter, as the money manager benefited from higher base fees despite posting an overall net outflow for the quarter.
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US industrial production may increase for first time in 7 months in June

Wed, 07/15/2015 - 6:48am
The Federal Reserve releases its industrial production report for June on Wednesday at 9:15 a.m. Eastern.
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A look at the world's billion-dollar sports stadiums

Wed, 07/15/2015 - 6:42am
The first sports stadium to break the $1 billion barrier was London's Wembley Stadium.
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$2 billion venue for 2020 Tokyo Olympics shaping up as world's most expensive sports stadium

Wed, 07/15/2015 - 6:41am
When the dust settles on the marquee venue for the 2020 Summer Olympics in Tokyo, it could well be the most expensive sports stadium in the world.
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Daniel Craig, Judi Dench and JK Rowling urge British government not to cut the BBC

Wed, 07/15/2015 - 6:31am
Stars including Daniel Craig and Judi Dench are urging the British government to protect the BBC, as the publicly funded broadcaster faces budget cuts and political pressure for its ambitions to be curbed.
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Hong Kong regulator orders shares of Chinese solar panel maker Hanergy to remain suspended

Wed, 07/15/2015 - 4:38am
Hong Kong's securities watchdog has taken the unusual step of ordering all stock trading in a Chinese solar panel maker that it's investigating to remain suspended.
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Overtime proposal may force hard choices at small businesses

Wed, 07/15/2015 - 4:35am
A proposal to give millions of U.S. workers a raise is forcing restaurant owner Michelle Shriver to make some hard choices.
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Sales slow at trench coat maker Burberry amid weakening demand in Asia

Wed, 07/15/2015 - 4:22am
Trench coat maker Burberry is reporting slowing sales amid weakening demand in Asia and a volatile American market.
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China stocks down but other Asian markets gain after China's 2Q growth beats forecast

Wed, 07/15/2015 - 3:27am
Shanghai stocks lost ground on Wednesday despite China's better-than-expected economic growth in the second quarter, with investors still wary after a big slide in Chinese markets.
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$9 billion man? Presidential candidate Donald Trump to unveil details of his personal fortune

Wed, 07/15/2015 - 3:12am
Celebrity businessman and Republican presidential candidate Donald Trump is revealing details about a fortune he estimated last month at nearly $9 billion.
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Romania: air traffic controllers stage 2-hour strike over pay, management problems

Wed, 07/15/2015 - 2:46am
Romanian air traffic controllers are staging a two-hour strike after talks broke down over pay, problems with management and the retirement age.
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South Korea picks China consortium as preferred bidder to salvage sunken ferry

Wed, 07/15/2015 - 2:01am
South Korea on Wednesday selected a Chinese-led consortium as a preferred bidder to salvage a sunken ferry that killed more than 300 people in April last year in one of the country's deadliest disasters in decades.
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Spinning old vinyl into new art: Artist recycles record albums into jewelry and novelties

Wed, 07/15/2015 - 1:23am
These vinyl records give "remaster" a new meaning.
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Selling that couch on Craigslist? Think about making the trade at a police station 'safe zone'

Wed, 07/15/2015 - 12:45am
More than 100 police departments nationwide provide space in their lobbies or parking lots where people who've made deals to sell merchandise online can know police are only feet away if something goes wrong.
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