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FOXBusiness.com

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Business news, small business news, business financial news,personal finance, finance trends, finance news, stock market index, stock data, stock market news, stock investment, personal investment, investment news from FoxBusiness.com.

URL:	http://www.foxbusiness.com
Katalog:	Economy
Publikuje:	8,5 položek/den

Asbestos fears spark urgent recall of 120K+ squeeze toys sold at Walmart, Ollie’s

22:25

The Orb Factory recalled more than 121,000 squeeze toys nationwide after tests found fibrous tremolite, a form of asbestos, inside the products.

Mortgage rates jump as inflation fears, Iran war weigh

22:25

The average rate on a 30-year fixed mortgage rose this week to 6.51%, according to the latest Freddie Mac data released Thursday. That is up from last week s reading of 6.36%.

Stellantis unveils $70B turnaround strategy with 60 new models

21:53

Stellantis announces a $70 billion turnaround strategy focusing on core brands, external partnerships and more efficient factory capacity use.

Three major hospital systems accuse CVS of secretly siphoning hundreds of millions in drug savings

21:53

Three major hospital systems have accused CVS of allegedly diverting hundreds of millions from the federal 340B Drug Pricing Program.

Sergey Brin spends $500K to fight tax targeting companies with high-paid executives

20:17

Sergey Brin donated $500,000 to oppose San Francisco Measure D, which will be on the ballot next month and would tax companies with high-paid executives in the tech hub.

Cruise giants could owe $440M after Supreme Court rules they used property seized in Cuba revolution

20:17

Supreme Court dealt a major blow to four cruise lines accused of profiting from Cuban property seized during Fidel Castro s communist revolution in 1959.

Lockheed Martin CEO unveils AI-powered warfare tech built to stop drone swarms

19:13

Lockheed Martin CEO Jim Taiclet details systems like Sanctum, the company s AI-powered counter-drone system designed to detect and track drones before they re destroyed.

Walmart warns shoppers could face higher prices as fuel costs surge, tax refunds dry up

18:09

Walmart warns that skyrocketing fuel costs could soon hit consumers at checkout as tax-refund safety nets dry up and inflation outpaces wages for the first time in years.

Detroit bankruptcy case officially closes more than 13 years after historic filing

17:05

Detroit formally closed the largest municipal bankruptcy case in US history after years of debt restructuring, balanced budgets and improving credit ratings.

GOP lawmaker unveils bill to codify a strategic bitcoin reserve

16:33

Rep. Nick Begich unveils the American Reserve Modernization Act to establish a U.S. strategic bitcoin reserve within the Treasury Department with bipartisan support.

Nvidia CEO Jensen Huang warns China has ‘all the chips they need’ despite US bans

16:01

Nvidia CEO Jensen Huang says China s Huawei is flourishing in America s absence and now exports its technology worldwide, competing with U.S. companies globally.

Leftist Seattle mayor admits Starbucks criticism 'caused more harm than good'

13:53

Seattle Mayor Katie Wilson walked back boycott comments targeting Starbucks as city leaders debate business conditions, taxes and corporate departures.

Trader Joe’s expands with 25 new stores across 14 states in massive growth push

3:41

The California-based grocery retailer revealed a fresh wave of upcoming locations stretching from Arizona to New York, bringing the company’s total slate of planned stores to more than two dozen nationwide.

Popular Costco patio swings recalled after injuries linked to dangerous fall hazard

1:34

World Bright International Limited is recalling about 18,500 patio swings sold at Costco after reports that the seats detached from the frame during use, injuring eight people.

Jeff Bezos denies role in Melania Trump documentary, says ‘people are very curious’ about first lady

23:59

Jeff Bezos on Wednesday denied involvement in Amazon s Melania Trump documentary, calling it a good business decision and rejecting claims of buying influence.