NEW YORK – Shares of Mattel soared in after-hours trading Friday after a report that rival Hasbro has made a takeover offer for Mattel. Such a deal could bring together well-known brands like Monopoly, Nerf, Barbie and Hot Wheels. Continue Reading Below The Wall Street Journal, citing people familiar with […]
FOX Business News
Indiana metal dealer pleads not guilty to demolishing bridge
HAMMOND, Ind. – A northwestern Indiana scrap-metal dealer has pleaded not guilty to a charge accusing him of demolishing a historic railroad bridge and selling the metal for $18,000. Continue Reading Below Kenneth R. Morrison of Whiting, who operates T&K Metals, was arraigned Thursday in U.S. District Court in Hammond. […]
This Is Now Warren Buffett’s Favorite Banking Stock
Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) chairman and CEO Warren Buffett is an unabashed fan of finance industry stocks. Exactly half of Berkshire’s top 10 holdings by market value are financial-service concerns or other companies that somehow fit into the sector. For many years, the company has owned especially massive stakes in both […]
Recreational pot dispensary offers drive-thru in Las Vegas
LAS VEGAS – A recreational marijuana dispensary in Las Vegas has opened a drive-thru window. Continue Reading Below The ownership team tells the Las Vegas Sun the fast food-style drive-thru on tribal land near downtown Las Vegas is the first of its kind in the country. Las Vegas Paiute Tribe […]
Weinstein’s Impact: List of men accused of sexual misconduct
NEW YORK – Since The New York Times published allegations of sexual harassment and assault against Hollywood mogul Harvey Weinstein in October, multiple men in Hollywood and media have faced allegations ranging from sexual misconduct to rape. A look at some of the men accused: Continue Reading Below — Producer […]
Baxter and Equifax while Disney and JC Penney climb
NEW YORK – Stocks that moved substantially or traded heavily Friday: Continue Reading Below J.C. Penney Co., up 42 cents to $3.17 The retailer said an important sales measurement grew for the first time in more than a year. Walt Disney Co., up $2.10 to $104.78 The entertainment company said […]
GE’s big board likely to get smaller
Like everything else at General Electric (GE), its board members may be on the chopping block. The embattled 125-year-old company is staring down a potential dividend cut as it scrambles to conserve cash and halt an investor exodus which has driven its stock down 36% this year. Continue Reading Below […]
US stocks slip as health care device companies stumble
NEW YORK – U.S. stocks are slightly lower Friday as investors worry that Amazon might shake up the health care industry and hurt companies that sell medical devices and equipment. Energy companies are also falling while media companies, retailers and household goods companies are rising. Stocks have risen for eight […]
Ivanka Trump calls for tax reform at event with Sen. Collins
BIDDEFORD, Maine – Ivanka Trump said Friday a tax bill that has faced heavy criticism from Democrats is a key to her father’s goals of growing the economy and helping the middle class. Continue Reading Below The tax plan is about “supporting American families,” President Donald Trump’s eldest daughter and […]
GOP test: Expiring tax cuts would mean little bang for buck
WASHINGTON – Senate Republicans have run into a problem with their proposed tax cuts: Under Senate rules, the cuts would expire after 10 years. Continue Reading Below Problem is, most economists say temporary tax cuts would swell the national debt while doing little for economic growth. And without faster growth, […]