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Fox Business

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Fox Business

Thousands told to return unemployment overpayment

Sat, Sep 19, 2020

The erroneous notices were sent Sept. 9 and 10 to people who applied for benefits on March 29 and 30...

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Fri, Sep 18, 2020

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Amazon responds to rumors 'Prime Day' will take place in October

Fri, Sep 18, 2020

This year’s edition of “Prime Day” was delayed due to complications related to the coronavirus pandemic....

Playboy puts its ears up for possible market return

Fri, Sep 18, 2020

Playboy magazine owner Playboy Enterprises is exploring options that include going public through a merger with a blank-check acquisition company, according to people familiar with the matter....

Unity stock jumps in trading debut

Fri, Sep 18, 2020

Unity Software shares spiked 44% in their opening trade on the New York Stock Exchange....

Techs tumble as Nasdaq, S&P drop for third week

Fri, Sep 18, 2020

The administration's action against the Chinese apps rippled through the U.S. tech industry....

Tesla shares recharged by Chinese demand for Model 3

Fri, Sep 18, 2020

Model 3 sales in the world's second-largest economy, expected to represent 40% or more of global electric-vehicle sales by early 2022, have higher margins and will help Tesla achieve increased profitability over the next few years, an analyst says....

Ericsson to buy US wireless networking firm Cradlepoint in $1.1B deal

Fri, Sep 18, 2020

The deal is Ericsson's largest in more than a decade...

Stock futures trade mixed as selling continues

Fri, Sep 18, 2020

Stocks are on the brink of a 3-day losing streak...

SoftBank Group to sell US cellphone distributor Brightstar in latest asset sale

Fri, Sep 18, 2020

SoftBank was exploring a Brightstar sale to shed lower-growth businesses in 2018...