Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. The European Central Bank is likely to signal faster money printing on Thursday to keep a lid on borrowing costs but stop short of adding firepower to its already aggressive pandemic-fighting package. Concerned that a steady rise […]
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SoftBank-backed Coupang raises $4.6B in US IPO
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Coupang LLC, South Korea’s largest e-commerce company, raised $4.6 billion in the biggest share offering in the United States this year after selling stocks in IPO above its deal target range, the company said on Thursday. Coupang said in […]
Oracle cloud revenue misses as competition intensifies
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Business software maker Oracle Corp’s cloud division reported quarterly revenue that missed analysts’ estimates, on increased competition from Amazon.com Inc and Microsoft Corp for cloud services due to remote working. Oracle said it expects fourth-quarter revenue to increase between 1% […]
Texas Governor makes correcting power grid operator’s billing ’emergency’ item
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Texas Governor Greg Abbott said on Tuesday he had made correcting “inaccurate excessive charges” billed during the winter freeze by power grid operator Electric Reliability Council of Texas (ERCOT) an emergency matter for the state legislature. GET […]
Jet leasing shake-up looms as AerCap and GE unit discuss merger
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. PARIS – Aircraft leasing is poised for its biggest shake-up in almost a decade as its top two players, AerCap Holdings and General Electric Co’s GECAS, discuss a deal to forge an industry titan with more than 2,000 […]
China Feb exports post record surge from COVID-19-depressed 2020 levels
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. China’s February exports grew at a record pace from a year earlier when COVID-19 battered the world’s second-biggest economy, customs data showed on Sunday, while imports rose less sharply. Exports in dollar terms skyrocketed 154.9% in February […]
More than 3K unaccompanied alien children being held in DHS custody
MATAMOROS, MEXICO – FEBRUARY 23: A woman shows immigration documents to U.S. Customs and Border Protection officers at the U.S. (Photo by John Moore/Getty Images) OAN NewsroomUPDATED 2:50 PM PT – Saturday, March 6, 2021 According to data released on Friday, the Department of Homeland Security is hosting nearly 4,000 […]
US blocked Myanmar junta attempt to empty $1B New York Fed account – sources
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Myanmar’s military rulers attempted to move about $1 billion held at the Federal Reserve Bank of New York days after seizing power on Feb. 1, prompting U.S. officials to put a freeze on the funds, according to three people familiar with the matter, including one U.S. […]
Exxon and Macquarie in $11.7B US lawsuit over gas contract
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Exxon Mobil Corp is suing Australia’s Macquarie Energy in a Texas court in a $11.7 billion lawsuit over missed deliveries during last month’s winter freeze in the central United States. GET FOX BUSINESS ON THE GO BY CLICKING […]
Investors look to Fed for next steps as Twist speculation ramps up
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. After a searing U.S. bond selloff, markets are laser-focused on Federal Reserve Chair Jerome Powell’s next move. But while investors will be closely watching the Fed chief, due to speak Thursday at a Wall Street Journal conference, […]