Clear Skies Forecast for Airline Industry Profit
Global airlines should post an industry profit of $12.7 billion this year, an increase from a previous $10.6 billion forecast.
Now on Flipboard: Can Cuba be U.S.A. 2.0?
U.S. industries are eyeing Cuba for its massive economic potential but as FOXBusiness.com discovered pushing progress on the island nation may take longer than anticipated.
Fighting home-as-hotel rentals, an NYC task force knocks on doors, follows digital trails
From an office by the Brooklyn Bridge, a specialized team of investigators tackles a fast-growing concern in New York City: apartments being rented like hotel rooms.
Body-camera maker has financial ties to police chiefs; questions of influence are raised
Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.
JPMorgan, Telsa, GameStop, General Motors and Ziopharm are big market movers
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE JPMorgan Chase & Co., down $2.03 to $56.81 The bank reported a 7 percent drop in fourth-quarter profit partly because of legal expenses, falling short of expectations.
Don't toss that old laptop in the trash; electronic waste recycling mandatory in New York
If Santa brings you a shiny new laptop, game console or flat-screen TV, don't toss the old one in the trash.
Online retail growing fast in India while big box rivals lose way in maze of restrictions
Finding a way into India's vast but vexing market has long frustrated foreign retailers.
GE considering sale of its Asset Management division to investment management firm
General Electric is considering a sale of its asset management division to an investment management firm.
Target reaches settlement with Visa related to massive 2013 data breach
Target says it's reached a settlement with Visa related to its massive 2013 data breach that resulted in the theft of millions of debit and credit card numbers.
Impact from China's currency devaluation and slowing economy being felt around the globe
A free-falling Chinese currency could make China's goods cheaper for foreigners, squeeze Western companies, discourage Chinese tourism, increase China's exports and complicate the Federal Reserve's decision on whether to raise American interest rates.
Hedge fund Third Point becomes largest Baxter holder, wants to be involved in picking new CEO
Hedge fund Third Point has become the biggest shareholder in Baxter International and wants to help choose the medical products maker's next CEO.
Business Highlights
___ US probing possible airline collusion that kept fares high WASHINGTON (AP) — The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated Press.
Hawks agree to sell NBA team for $850 million to group headed by billionaire Antony Ressler
Seven months after a racially charged email put the Atlanta Hawks on the market, there's an agreement to sell the NBA team for $850 million.
Target sets aside $19M for MasterCard issuers caught up in December 2013 data breach
Target and MasterCard say they've agreed to settle lawsuits over Target's December 2013 data breach.
Business events and economic reports scheduled for the coming week
All times are Eastern.
Top 10 Nasdaq-traded stocks posting largest volume increases
A look at the 10 biggest volume gainers on Nasdaq at the close of trading: AmeriServ Financial Inc. : Approximately 306,800 shares changed hands, a 1,923.2 percent increase over its 65-day average volume.
UnitedHealth, IBM, Netflix, Advanced Micro Devices and Acacia are big market movers
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE UnitedHealth Group Inc., up $3.70 to $109.32 The nation's largest health insurance company reported a boost in fourth-quarter profit that beat Wall Street expectations.
Retiring Postmaster General Donahoe slams suggestions that Postal Service get into banking
Retiring Postmaster General Patrick R.
Business events and economic reports scheduled for the coming week
All times are Eastern MONDAY, Dec. 15 WASHINGTON — Federal Reserve releases industrial production for November, 9:15 a.m.; National Association of Home Builders releases housing market index for December, 10 a.m.
Top 10 Nasdaq-traded stocks posting largest volume decreases
A look at the 10 biggest volume decliners on Nasdaq at the close of trading: Cambridge Cap Acq : Approximately 700 shares changed hands, a 97.5 decrease from its 65-day average volume.



