Also in this playlist...
This transcript is automatically generated
Good morning from New York where one of America's largest law firm's files for bankruptcy -- investors keep an eye on Europe's debt problems this morning European markets are trading higher.
Following Asia's markets into positive territory after some positive news out of China.
The government there will revive its cash for clunkers program to stimulate -- sales and Chinese banks are lending more money assigned to investors.
That the Chinese will spend billions to stimulate -- slowing economy.
US futures are swinging higher on the trying to balance and indicate a positive open it start trading.
It was once one of the largest law firms in the United States but late Monday night doing in the -- filed for Chapter Eleven bankruptcy protection.
As hundreds of its lawyers -- -- for other firms.
They are worried about the -- heavy debt and dropping compensation -- partners.
FaceBook may go where no social network has gone before Smartphones.
Naught as an application but by producing its own device the company says it thinks every mobile devices better -- it is deeply social.
And issued that statement after news -- that FaceBook has been hiring software and hardware engineers who worked on Apple's iPhone.
The New York Times reports that FaceBook has partnered with Taiwan's HTC.
To create the Smartphone.
Which is code named Buffy for all the day's business news -- log on -- foxbusiness.com.
In New York I'm Adam Shapiro.
Filter by section