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Protests over the past two months spearheaded by anti-government activists against a proposed bill that would allow people to be extradited from the city to stand trial in courts in mainland China have grown increasingly violent. Continue Reading Below A march on Saturday against an assault the previous weekend by suspected triad gang members ended in violent turmoil as riot police waded in to disperse crowds. On Sunday, a peaceful gathering in a park in…

U.S home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high, indicating the housing market was struggling to regain speed since hitting a soft patch last year. Continue Reading Below Housing and manufacturing are the main areas of weakness in the economy. They are offsetting strong consumer spending, resulting in a slowdown in economic activity that, together with trade tensions and tepid global growth, could…

UnitedHealth Group Inc reported a 12.7 percent rise in second-quarter profit on Thursday, as the company added more members to its health plans and revenue climbed in its Optum unit, which includes its pharmacy benefit management business. Continue Reading Below Net earnings attributable to shareholders rose to $3.29 billion, or $3.42 per share, in the quarter ended June 30, from $2.92 billion or $2.98 per share, a year earlier. Total revenue rose to $60.60 billion…

DOJ reportedly pursing probe into Johnson & Johnson Fox News medical correspondent Dr. Marc Siegel on reports the Department of Justice is pursuing a criminal investigation into Johnson & Johnson over allegations the company lied about the cancer risks of talc and the Trump administration dropping plans to curb drug rebates. Johnson & Johnson raised its full-year sales forecast as demand for its cancer drugs Darzalex and Imbruvica helped it exceed estimates for second-quarter profit on Tuesday. Continue…

PepsiCo beat analysts’ estimates for quarterly revenue and profit on Tuesday, as the company benefited from demand for its sodas and Lays chips, as well as its sparkling waters. Continue Reading Below Revenue in its snacking division, Frito-Lay North America, rose 4.5 percent, while it increased 2.5 percent in its beverage unit. MORE FROM FOXBUSINESS.COM PepsiCo launched berry, lime and mango flavored sodas in 12-ounce cans earlier this year and introduced Bubly sparkling water in…

Gold snaps 4-day win streak ahead of Fed meeting RBC Wealth Management managing director George Gero, The Price Futures Group’s Phil Flynn and T3 Trading Group’s Scott Redler on the recent decline in Gold and the Fed’s upcoming meeting. Gold firmed above $1,400 an ounce on Monday, helped by expectations the U.S. Federal Reserve would stay on course with an interest rate cut this month despite robust U.S. jobs data and as global growth concerns…

Amazon a top stock pick for investors? Jag Capital Management CEO Norm Conley and MarketWatch Technology Editor Jeremy Owens on the impact of the U.S.-China trade war on the tech sector, the tech stocks to watch and the Senate bill that would force tech companies to disclose the value of consumers’ data. Technology stocks are Wall Street’s top performers as 2019 hits half-way, with investors betting on lower interest rates, although Apple and chipmakers face…

General Mills Inc on Wednesday reported quarterly sales below Wall Street estimates, hurt by declines in its U.S. snacks business. Continue Reading Below The company has been struggling to drive sales of its sugary snacks and yogurt as consumers shift to healthier breakfast and snacking options. Organic net sales, excluding revenue from acquisitions, fell 2 percent in the fourth quarter in its North America retail segment, its biggest by sales. Net earnings attributable to the company rose…

Gold prices advanced on Monday, hovering near a six-year high touched in the previous session, as dovish signals from major central banks and heightened tensions between the United States and Iran boosted demand for the safe-haven metal. Continue Reading Below Spot gold was up 0.4% at $1,403.88 per ounce as of 0701 GMT, heading for a fifth straight session of gains. Gold prices hit $1,410.78 on Friday, their highest since Sept. 4, 2013. U.S. gold…

Pfizer Inc said on Monday it would acquire Array Biopharma Inc for $10.64 billion in cash, giving it access to the target’s approved drugs for skin cancer and the targeted cancer medicines in its pipeline. Continue Reading Below The offer of $48 per Array share represents a premium of about 62 percent to the stock’s close on Friday. Array’s shares surged 56 percent in light premarket trade. MORE FROM FOXBUSINESS.COM Pfizer has been investing in cancer drugs…