Boeing takes $2.8B hit in defense business, keeps cash flow goal
Rising cost pressures over the last few months have hampered fixed-price contracts for aerospace and defense firms, prompting an industry body to ask Congress for inflationary relief.
Tech shares fall, Clorox recall and more: Wednesday's 5 things to know
Tech earnings will impact trading as shares of both Alphabet and Microsoft declines in extended trading following results.
Intel's Mobileye IPO prices above expected range
Intel's Mobileye IPO will begin trading Wednesday after selling 41 million shares at $21 each raising $861 million.
Visa profit jump, boosts dividend, shares rise
Visa reported better-than-expected earnings, a boost of its quarterly dividend as well as a new stock repurchase program sending shares higher.
Elon Musk pledges to close Twitter acquisition by Oct. 28 deadline
Banks have committed to providing approximately $12.5 billion in debt financing for Musk's $54.20 per share buyout of the social media giant.
Warner Bros. Discovery expecting up to $4.3B in total restructuring charges
The entertainment giant's restructuring charges include content and development write-offs, organizational restructuring and facility consolidation activities.
UPS stock rises after mixed third quarter earnings
The United Parcel Service released its third-quarter earnings report that showed a revenue of $24.2 billion, growing by 4.2% compared to last year.
GM beats inflation as US demand drives quarter
The automaker reported net income of $3.3 billion, or $2.25 per share, on revenue of $41.9 billion. Net income for the quarter was driven by a new vehicle sales increase of 24% in the United States.
Housing, earnings reports due, cuts in healthcare and more: Tuesday's 5 things to know
Four Dow members will report third-quarter earnings Tuesday morning. The big corporate names include Coca-Cola, Microsoft, Visa, GM, General Electric and more.
Meta investor urges company to slash headcount, slow metaverse spending
Altimeter Capital argues the changes would double Meta's free cash flow to $40 billion per year, improve its stock price and make a leaner, more productive and focused company.
Apple, Amazon earnings, Elon Musk, Twitter deal deadline, new home sales top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Snap Inc. co-founders see their net worths drop over year: report
Snap Inc. co-founders Evan Spiegel and Bobby Murphy have seen their respective net worths drop precipitously in a year, Bloomberg reported Friday.
Tesla with a market cap bigger than Apple? Elon Musk says so; experts weigh in
Tesla CEO Elon Musk said this week that his electric vehicle company's market cap could eventually exceed that of tech giant Apple. What are the odds?
Biden admin considers reviews of Elon Musk's Twitter deal, Starlink — report
Officials are concerned about Elon Musk's plan to acquire Twitter with a group of foreign investors and possibly pull the plug on Starlink funding in Ukraine
Elon Musk says he's 'obviously overpaying' for Twitter but touts platform's 'incredible potential'
Billionaire Elon Musk has said his decision to acquire Twitter for $54.20 per share could potentially accelerate the creation of X, an "everything app," by three to five years.
Twitter freezes employee equity award accounts: report
Elon Musk has until Oct. 28 to close his $44 billion acquisition of Twitter and avoid a legal trial in the Delaware Court of Chancery over his previous attempts to walk away.
Paul Pelosi exercises $1M Google stock call options before Dems introduce congressional stock trading ban
Paul Pelosi exercised call options on Google parent-company Alphabet worth between $1 million and $5 million just a week before a bill banning congress members and their spouses from trading individual stocks.
Activist investor Starboard takes Salesforce stake
A Salesforce spokesperson told FOX Business that the company is "committed to acting in the best interests of our shareholders" but did not comment on the report of a stake.
Hasbro sales slip as families tire of playing with inflation
Revenue for the Pawtucket, Rhode Island, company fell to $1.68 billion, down 15% from last year's third quarter. Hasbro Inc. earned $129.2 million in the quarter.
Student loan portal opens, Musk's bot plan and more: Tuesday's 5 things to know
Online application portal for President Biden's student loan handout program officially rolls out. And power producers sound the alarm about natural gas demand as cold front hits U.S.


















