LITTLE ROCK, Ark. – One of the three drugs Arkansas planned to use in a lethal injection this week was made by a New York company that says it doesn’t sell its products if it fears they’ll be used in executions, court documents released Wednesday show. Continue Reading Below A […]
FOX Business News
Trump business opens online store for Trump merchandise
NEW YORK – The company owned by President Donald Trump opened an online store on Wednesday to sell its branded apparel, golf gear and gifts to capitalize on the Trump family name. Continue Reading Below The online Trump Store was featured on the Trump Organization website but otherwise launched with […]
Developers denied height near Grand Canyon but not deterred
FLAGSTAFF, Ariz. – Residents of a small town outside the Grand Canyon’s South Rim have rejected a building height increase, but it won’t stop developers from pursuing an expanse of retail shops, open space and lodging at the edge of town. Continue Reading Below Voters in Tusayan turned down a […]
IHS Markit: iPhone X Costs $370.25 to Build
Just yesterday, TechInsights estimated that Apple‘s (NASDAQ: AAPL) new iPhone X could have a bill of materials (BOM) of around $357.50, which would actually suggest that the new flagship is more profitable than the iPhone 8. However, that component estimate wouldn’t factor in depreciation and amortization of manufacturing infrastructure, one […]
Why It’s Not Too Late to Buy McDonald’s Stock
If you were waiting to buy McDonald’s (NYSE: MCD) stock when investor pessimism made it an obvious steal, that window has passed. The fast-food giant has jumped more than 35% in 2017 and is currently the fifth best-performing stock on the Dow, not far behind Apple. Continue Reading Below Yet […]
Has IBM Finally Turned Itself Around?
IBM (NYSE: IBM) investors got a rare treat when IBM reported earnings — optimism! Big Blue reported third-quarter results that exceeded analyst expectations by a good margin. The top line was especially important, as skeptics usually point to Big Blue’s 22 straight quarters of declining revenue as evidence of a […]
Muni bond Tuesday update: 10-year yield decreases
A look at the AP Municipal Bond Index for Tuesday, Nov. 7: Continue Reading Below BIGGEST MOVER: 30-year bonds. Yield fell 12 basis points over the last week to 2.78 percent. TWO-YEAR: Yield climbed 1 basis point to 1.21 percent. The two-year/10-year spread is 103 basis points, down from 117 […]
Panera Bread to buy Au Bon Pain, CEO stepping down
Panera Bread said Wednesday it agreed to buy rival bakery chain Au Bon Pain, as the company seeks to expand into new locations. Continue Reading Below In a separate announcement, Panera Bread said its founder, Ron Shaich, is stepping down as CEO. Boston-based Au Bon Pain has 304 locations worldwide, […]
Jury deliberates in trial of ex-NYC jail guards union boss
NEW YORK – A jury has deliberated several hours without reaching a verdict in the bribery trial of the former head of the nation’s largest municipal jail guard union. Continue Reading Below The Manhattan federal court jury began its work Wednesday and deliberated about four hours. It will return Thursday. […]
Trump in Asia: US seafood prices on the line
While President Donald Trump continues his five-country tour through Asia, the U.S. Senate Banking Committee voted to advance new financial sanctions against North Korea on Tuesday, and one U.S. industry is looking on with bated breath: the seafood sector. Continue Reading Below The fishing industry relies heavily on the People’s […]