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Factory Orders Fell in April

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    FBN's Adam Shapiro breaks down late-morning market news.

  • Duration 0:54
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I'm Adam Shapiro would -- -- Fox Business -- demand for manufactured goods fell for a second straight month of April march's figures were also revised lower showing a much steeper decline.

Reporters just the latest in a string of weaker than expected news on the US economy.

Chesapeake Energy has agreed to replace -- -- board members the plan was proposed by two of its largest shareholders.

Southeastern management and billionaire investor Carl Icahn Aubrey McClendon will remain Chief Executive Officer and a director but will give up his position as chairman.

Verizon plans to cut 1% of its workforce in an effort to cut cost the company will offer buyouts to 17100 technicians and call center workers.

But will resort to involuntary layoffs if not enough employees except that package at the latest from the Fox Business Network giving you the -- --