FOX Business News

LONDON –  London-based bank HSBC says John Flint will be its new chief executive, replacing the retiring Stuart Gulliver. Continue Reading Below The bank said in statement Thursday that Flint, who currently heads up retail banking and wealth management, will take the job on Feb. 21. Chairman Mark Tucker says […]

An overwhelming number of teenage consumers say Amazon (AMZN) is their favorite website for shopping, according to the results of Piper Jaffray’s biannual survey released this week. Continue Reading Below The firm’s survey found 49% of teen shoppers identified Amazon as their favorite ecommerce outlet, up 6% from last spring. […]

The U.S. House of Representatives is expected on Thursday to approve $36.5 billion in emergency relief for hurricane-hit areas such as Florida, Texas, Puerto Rico and the U.S. Virgin Islands, as well as California, struck by devastating wildfires. Continue Reading Below Included in the bill is $18.7 billion for the […]

MADISON, Maine –  Maine’s largest solar array is now fully operational as the final 25 percent of the 26,000-panel array was brought online this week. Continue Reading Below The final part of the farm in Madison was brought online Wednesday, and the array will generate enough electricity to power 700 […]

WASHINGTON –  President Donald Trump’s tax overhaul package is getting resistance from an unusual alliance of interests opposed to his plans to scrap the federal deduction for state and local taxes. Continue Reading Below Republican lawmakers from high-tax states such as New York, California and New Jersey, along with labor […]

HONG KONG –  Property tycoon Xu Jiayin has vaulted to the top of a Chinese rich list after his wealth quadrupled, knocking Wang Jianlin off his longtime position at No. 1. Continue Reading Below The Hurun Report, the best known list of China’s wealthiest people, estimated that wealth held by […]

WASHINGTON –  Frustrated by failures in Congress, President Donald Trump will try to put his own stamp on health care with an executive order Thursday that aims to make lower-premium plans more widely available. Continue Reading Below But the president’s move is likely to encounter opposition from medical associations, consumer […]

ADELAIDE, Australia –  A Dutch team won a solar-powered car race across Australia for a seventh time on Thursday, with a University of Michigan car likely to take second place in the biennial event. Continue Reading Below The Nuon team’s Nuna 9 car averaged more than 80 kph (50 mph) […]

The 2018 World Cup will be a unique test of soccer’s appeal in the United States. Continue Reading Below Will Americans still watch if their national team isn’t there? Fox is certainly hoping so. The U.S. failed to qualify for next year’s World Cup in Russia when it lost at […]

TOKYO –  Asian shares advanced Thursday, taking their cue from the latest record highs on Wall Street. Chinese investors are holding back ahead of a key communist party meeting next week. Continue Reading Below KEEPING SCORE: Japan’s benchmark Nikkei 225 added 0.4 percent to finish at 20,954.72. Australia’s S&P/ASX 200 […]