Las Vegas Sands Ex-New York governor to lead Las Vegas Sands' push for casino in NYCFOX Business - Associated PressFormer New York Gov. David Paterson is joining Las Vegas Sands to lead the casino and resort developer's push for a casino in New York City. Voters have already authorized up to three casinos for the largest
SpaceX SpaceX: Leaky valve caused Dragon crew capsule to explode in April testFOX Business - Associated PressA leaky valve caused a SpaceX crew capsule to explode during a ground test back in April, destroying the spacecraft and dealing a blow to the company's effort to launch astronauts. The company announced
Investing Facebook's Libra won't launch until 'regulatory concerns' are addressed, David Marcus saysFOX Business - Thomas BarrabiFacebook cryptocurrency chief David Marcus will testify on Tuesday that the company will not launch its “Libra” initiative until it has received approval from U.S. regulators, according to a transcript
Cryptocurrency Bitcoin price tumbles following Trump’s criticismFOX Business - Katherine LamThe price of bitcoin tumbled Monday after President Trump tweeted Thursday that he was “not a fan” of cryptocurrencies and criticized Facebook’s Libra digital currency that’s set to launch next year. price
Citigroup Citigroup 2Q earnings, revenue beat estimatesFOX Business - Ken MartinCitigroup reported 2Q profit of $1.95 per share topping the estimate for $1.80. Revenue came in at $18.8 billion. The estimate was for $18.49 billion The bank earned a profit of $4.5 billion, or $1.63
Investing Wall Street poised for increases ahead of 2Q earnings seasonFOX Business - Joe WilliamsWall Street is poised to start the week off with increases as second-quarter earnings kick off in earnest with top firms like JPMorgan Chase, Netflix and Wells Fargo preparing to release financial results
Investing Movers & Shakers: July 15, 2019FOX Business - Joe WilliamsWall Street poised for increases to start the week. The top equity benchmarks, which closed at fresh records Friday, were expected to open higher on Monday, as JPMorgan Chase, Wells Fargo and other financial
Jeffrey Epstein Jeffrey Epstein paid $350K in witness tampering bid: ProsecutorsFOX Business - Thomas BarrabiFederal prosecutors accused alleged child sex-trafficker Jeffrey Epstein of witness tampering in a court filing Friday, contending that the wealthy financier wired $350,000 to two associates who could
Louisiana Tropical Storm Barry threatens Louisiana oil rigsFOX Business - Henry FernandezLouisiana is under a state of emergency as residents brace themselves for epic flooding where as much as 20 inches of rain is expected along the Gulf Coast. U.S. oil producers have evacuated oil platform
Facebook FTC approves $5B Facebook settlement over data privacy probe: ReportFOX Business - Thomas BarrabiThe Federal Trade Commission voted this week to approve a $5 billion settlement with Facebook to resolve a lengthy probe into the social media giant’s data privacy practices, according to a report on FTC
Business Wall Street rally poised to continue after record closesFOX Business - Joe WilliamsA surge in trading on Wall Street is poised to continue on Friday after two of top equity benchmarks closed with record highs. The Dow Jones Industrial Average, which closed above 27,000 for the first
Business Movers & Shakers: July 12, 2019FOX Business - Joe WilliamsStocks expected to continue to surge after record-breaking Thursday. The three equity benchmarks were trending up in pre-market trading on Wall Street on Friday. Stocks have been on a surge since Federal
Amazon Amazon tops $1 trillion valuation in intraday tradingFOX Business - Thomas BarrabiAmazon briefly achieved a $1 trillion valuation in intraday trading on Thursday, marking the first time in nearly one year that the e-commerce giant has approached the threshold. Shares rose as much as
Investing Blockstack holds first SEC-approved digital coin offeringFOX Business - Thomas BarrabiBlockstack began selling regulated digital coins on Thursday morning, one day after the U.S. Securities and Exchange Commission granted approval for the blockchain startup to hold one of the first offerings
Richard Branson Billionaire Richard Branson warns 'hard Brexit' could sink British pound's value to dollarFOX Business - James LeggateRichard Branson is concerned a no-deal Brexit could hurt the value of the British pound and drop it to the same value as the dollar. The billionaire Virgin Group founder told the BBC this week that a in
Delta Airlines Delta shares surge on 2Q earnings beatFOX Business - Joe WilliamsDelta Air Lines shares were higher in pre-market trading on Wall Street on Thursday after the carrier reported better-than-expected second quarter profits. Delta’s revenue was $12.5 billion in the three
Investing Wall Street poised for increases after Powell signals rate cutFOX Business - Joe WilliamsThe top three equity benchmarks are poised to open higher on Wall Street on Thursday after Federal Reserve Chairman Jerome Powell signaled the central bank was still moving towards an interest rate cut
Jerome Powell Movers & Shakers: July 11, 2019FOX Business - Joe WilliamsStocks poised to hit new records following Federal Reserve Chairman Jerome Powell's testimony in Congress. The three equity benchmarks were trading up in pre-market activity on Wall Street Thursday after
Boeing 737 MAX At American Airlines, Boeing Max grounding fuels improved earnings outlookFOX Business - Joe WilliamsAmerican Airlines expects earnings in the second quarter to increase more than previously estimated, a result of the world’s largest carrier flying fewer planes due to the grounding of Boeing’s Max fleet.
Nasdaq Composite US stock futures point to gains ahead of Fed Chair Powell's testimonyFOX Business - Ken MartinU.S. equity futures were pointing to a higher open on Wednesday ahead of Federal Reserve Chairman Jerome Powell's appearance on Capitol Hill. Futures reversed earlier losses and turned positive after signaled
Brexit Candidates trade blows in Prime Minister debate over BrexitFOX Business - FOXBusinessTwo finalists vying for Theresa May’s job traded barbs during their only televised debate Tuesday night, arguing over who they believed would be the best person to negotiate Brexit. May stepped down from
Levi Strauss Levi Strauss shares fall on slower sales outlookFOX Business - Ken MartinLevi Strauss & Co shares fell 6 percent in extended trading after reporting that sales growth would slow in the second half of the year due to weakness in its wholesale business. The company reported net
Business Movers & Shakers: July 10, 2019FOX Business - Joe WilliamsStocks continued their decline. The three equity benchmarks were trading down in pre-market activity on Tuesday for the third day straight session amid continued investor anxiety over a U.S.-China trade
Business US stocks mixed on trade concernsFOX Business - Ken MartinU.S. stocks traded mostly lower on Tuesday as investors remain concerned about the impact on earnings that a protracted U.S.-China trade dispute will have. Traders also expect the Federal Reserve to forgo
Business Movers & Shakers: July 9, 2019FOX Business - Joe WilliamsStocks are poised to continue their sell-off on Tuesday. The three top equity benchmarks were all trading down in pre-market activity on Wall Street as investors continue to expect the Federal Reserve
Pepsi PepsiCo results powered by demand for sodas, chipsFOX Business - ReutersPepsiCo beat analysts' estimates for quarterly revenue and profit on Tuesday, as the company benefited from demand for its sodas and Lays chips, as well as its sparkling waters. Revenue in its snacking
Stocks US stocks start week lower as rate cut hopes fadeFOX Business - Ken MartinU.S. stocks traded lower on Monday to start the week following last week's better-than-expected jobs report. The strong report dimmed optimism that the Federal Reserve would cut interest rates soon. Stocks
Business Stock buyback decline not necessarily bad news for economyFOX Business - David NelsonWhat a difference a day makes. In the space of 48 hours following a better-than-expected non-farm payroll report economists have flipped from glass half-empty to half-full. Coming into Friday's report
Business Gold gains as Fed rate cut bets hold, growth concerns lingerFOX Business - ReutersGold firmed above $1,400 an ounce on Monday, helped by expectations the U.S. Federal Reserve would stay on course with an interest rate cut this month despite robust U.S. jobs data and as global growth
