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Updated: 17 min 51 sec ago

Amtrak Threatens to Suspend Rail Service

49 min 59 sec ago
Amtrak has told U.S. lawmakers that it will suspend service on its national network in mid-December unless Congress extends a Dec. 31 deadline for implementing advanced safety technology.
Categories: Business News

Big U.S. Firms Hold $2.1T in Profits Overseas

2 hours 5 min ago
The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study released on Tuesday.
Categories: Business News

El-Erian: 50-50 Chance of a December Rate Hike

2 hours 57 min ago
During an interview with The FOX Business Network’s Maria Bartiromo, Allianz Chief Economic Advisor Mohamed El-Erian discussed his views on a Fed rate hike.
Categories: Business News

Airline Stocks Slump As Oil Prices Jump

3 hours 37 min ago
Airline stocks were broadly lower Tuesday, as oil prices jumped, and in the wake of news late Monday that an American Airlines Group Inc. flight made an emergency landing after the pilot died in the cockpit.
Categories: Business News

Concern About Gap Following Old Navy Head Exit Now Showing Up In Credit Market

3 hours 48 min ago
The negative sentiment toward Gap Inc. following the departure of the head of its Old Navy brand to become chief executive of Ralph Lauren is now showing up in the credit market.
Categories: Business News

Microsoft Introduces 'wearables Holograms' For HoloLens

3 hours 59 min ago
Microsoft Corp. introduced new "mixed reality gaming" features for its virtual-reality headset HoloLens on Tuesday.
Categories: Business News

IMF Downgrades Outlook for Global Growth

4 hours 15 min ago
A slowdown in emerging markets is pushing the world economy into its weakest expansion since the financial crisis, the International Monetary Fund said Tuesday as it once again downgraded its outlook for global growth.
Categories: Business News

DuPont's Stock On Track For Biggest Price Gain Ever; Accounts For More Than Half Of Dow's Gain

4 hours 29 min ago
DuPont Co.'s stock is soaring 11% in morning trade Tuesday, on track for the best one-day price gain in its history, after the company said late Monday that it was accelerating its cost-cutting plan and that its CEO was retiring.
Categories: Business News

S&P 500 Opens Lower After 5 Days Of Gains

5 hours 1 min ago
U.S. stocks opened slightly lower Tuesday as investors digested disappointing trade data that showed a stronger dollar hurt exports and resulted in a wider trade deficit in August.
Categories: Business News

Tesla Stock Opens Lower After Analysts Say Model X Is Cool, But Price Is Too High

5 hours 4 min ago
Shares of Tesla Motors Inc. fell more than 2% Tuesday after Morgan Stanley lowered its target to $450 from $465, citing the high sticker price of the just-unveiled Model X.
Categories: Business News

Report: Wall St. Profits Up 29% in First Half of 2015

5 hours 5 min ago
Wall Street broker-dealers posted profits of $11.3 billion in the first half of 2015, up 29% year-on-year and the strongest first half since 2011,
Categories: Business News

Twitter Unveils New Curated Tweets Product

5 hours 15 min ago
Twitter Inc. unveiled a new product, called Moments, Tuesday which will show the user curated tweets around certain news events or subjects.
Categories: Business News

Yuan Surpasses Yen As 4th Most-used Currency For Payments

5 hours 28 min ago
The Chinese yuan became the world's fourth most-used currency for international payments in August, overtaking the Japanese yen, according to a report released by the Society for Worldwide Interbank Financial Telecommunication on Tuesday.
Categories: Business News

Costco Sells Record Amount of Cage-Free Eggs Despite Feud

5 hours 42 min ago
Costco sells a record amount of cage-free eggs after being under fire for using battery cages.
Categories: Business News

U.S. Trade Gap Widens Sharply in August

6 hours 5 min ago
The August Trade Deficit widened to $48.33 billion. Economists were looking for the deficit to widen to $47.4 billion.
Categories: Business News

U.S. Trade Deficit Leaps 16% In August To $48.3 Billion

6 hours 5 min ago
The U.S. trade deficit jumped almost 16% in August to $48.3 billion, largely because of a strong dollar that reduced exports to their lowest level in three years.
Categories: Business News

FedEx Upgraded On Improved Profit Outlook, Favorable Risk-versus-reward

6 hours 6 min ago
FedEx Corp. was upgraded on Tuesday to buy from hold at Stifel Nicolaus, which cited expectations of improved profitability and a favorable risk-versus-reward scenario.
Categories: Business News

U.S. Home Prices Climbed 1.2% In August, CoreLogic Says

6 hours 35 min ago
WASHINGTON (Marketwatch) -- U.S. home prices rose 1.2% in August to extend the 12-month gain to 6.9%, CoreLogic reported Tuesday.
Categories: Business News

Skyworks to Acquire PMC-Sierra for $2 Billion

6 hours 49 min ago
Skyworks Solutions, a chip supplier for Apple, has agreed to buy PMC-Sierra in a $2 billion all-cash deal.
Categories: Business News

Brink's Lowers 2015 Outlook On Weak U.S., Slow Brazil Economy

6 hours 54 min ago
The Brink's Co. said Tuesday it is lowering its 2015 outlook and adjusting its 2016 outlook to the lower end of the range, hurt by weak operating results in the U.S., the slow economy in Brazil and continued pain being wrought by the strong dollar.
Categories: Business News