Oil adds to gains on new Russian sanctions proposal

FAN Editor

House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Chuck Schumer, D-N.Y., said they want legislation to address price gouging and market manipulation. Fox News’ Chad Pergram with more. Oil prices traded higher Thursday morning after a European Union proposal for new sanctions against Russia included an embargo on crude […]

EBay shares fall on quarterly loss, lowered outlook

FAN Editor

Check out what’s clicking on FoxBusiness.com. EBay joined the list of e-commerce retail casualties reporting a loss and cutting its outlook. The company’s revenue forecast for the second-quarter revenue is between $2.35 billion and $2.40 billion. GET FOX BUSINESS ON THE GO BY CLICKING HERE That comes in under analyst […]

Buffett’s Berkshire buys more Occidental shares

FAN Editor

Berkshire Hathaway Automotive President and CEO Jeff Rachor unpacks the automotive market in light of chip and semiconductor shortages. Warren Buffett’s Berkshire Hathaway stocked up on oil shares this week, adding to the company’s holdings of Occidental Petroleum. Berkshire bought about 5.9 million more shares of the oil company. The […]