Fox Business

Microsoft president says AI faces fewer safety rules than milk in call for global regulation - Fox Business

Microsoft President Brad Smith highlighted the need for global regulation of artificial intelligence (AI) in a new interview, saying that AI currently faces lighter safety requirements than milk. S…

Baby bath seats sold on Amazon recalled over deadly drowning hazard - Fox Business

More than 2,000 baby bath seats are facing a recall over a hazard that federal regulators say could potentially cause injury or death to children. About 2,140 ONTHEWEI-branded baby bath seats are af…

Baby sleep product recalled after FDA finds 3 types of alcohol not listed on label - Fox Business

Parents and caregivers are being urged to stop using a recalled lot of a baby product sold online after federal testing found undeclared alcohol. Pacific Health Sciences is voluntarily recalling one…

Canadian ransomware negotiator arrested on federal charges amid FBI hacking probe - Fox Business

A Canadian cybersecurity executive who specializes in negotiating with ransomware hackers has reportedly been arrested on federal charges in Pennsylvania. Edward Dubrovsky, 54, was arrested Thursday…

Halloween candy prices jump 8.1% as Americans prepare to spend billions on treats - Fox Business

Halloween candy is getting more expensive this year, but Americans aren't letting higher prices stop them from stocking up on treats. Prices for candy and chewing gum rose 8.1% in August from a year…

CEO SUNDAY: Denny’s CEO shares the simple rule guiding his turnaround of the iconic diner chain - Fox Business

Denny’s CEO Christopher Bode says a lesson from a longtime mentor has become a guiding principle as he works to turn around the iconic diner chain. Bode, who took the helm of Denny’s this year, told…

Bessent mocks Sen Warren, wishes her 'Happy Indigenous Peoples' Day' in response to letter - Fox Business

FOX Business has exclusively obtained Treasury Secretary Scott Bessent’s response to Senator Elizabeth Warren’s latest letter about the rise in the 10-year treasury yield. "Happy Indigenous People'…

Trucking industry hit by string of bankruptcy filings as diesel costs surge - Fox Business

A string of trucking and freight companies filed for Chapter 11 bankruptcy protection in September. At least eight transportation-related companies sought Chapter 11 protection during the month, acc…

Hershey changes Reese’s Pumpkins packaging after lawsuit over design - Fox Business

The Hershey Co. has added a new disclaimer to Reese’s Peanut Butter Pumpkins following a legal battle over claims that images on the packaging did not match the actual candy. Packages of the seasona…

Amazon to cut nearly 1,000 white-collar jobs across stores division and other units: report - Fox Business

Amazon is cutting fewer than 1,000 white-collar jobs, mainly in its stores division, which oversees the company's main e-commerce website, according to Reuters. The reported cuts come as Amazon wrap…

Decades-old frozen pizza brand ends production, leaving fans nostalgic - Fox Business

Conagra Brands has stopped producing Celeste frozen pizzas, prompting longtime fans to reminisce about the budget-friendly freezer staple. The company disclosed the move during its fiscal first-quar…

Americans heating their homes this winter face a stark cost divide - Fox Business

American households have been facing higher energy prices this year and as colder weather approaches this winter, they may face higher heating bills for their homes depending on the type of fuel used…

Oprah-backed True Food Kitchen files for bankruptcy after shuttering a dozen restaurants - Fox Business

Oprah Winfrey-backed True Food Kitchen has landed in bankruptcy court after management turmoil and failed expansion bets left the restaurant chain built around healthy eating struggling to stay afloa…

AI expert Gary Marcus warns 'reckless' technology could lead to deaths as he calls for more regulation - Fox Business

As leading technology companies issue alarming reports about artificial intelligence systems going rogue, including tools carrying out cyberhacks, NYU Professor Emeritus Gary Marcus predicts that art…

Sam's Club exec says members increasingly want fresh food 'on their own terms' - Fox Business

Grocery shoppers still want "high-quality" fresh food at a "great value," but convenience is becoming an increasingly important part of that equation, Sam's Club Executive Vice President and Chief Me…

Elon Musk rebrands SpaceXAI following Trump directive - Fox Business

SpaceX CEO Elon Musk is rebranding the company’s artificial intelligence (AI) arm following President Donald Trump’s executive order last week calling for AI to be referred to as "Super Intelligence"…

Popular eye drops sold at Walgreens recalled over sterility concerns - Fox Business

More than 500,000 Walgreens-branded eye-drop products are being recalled over sterility concerns as part of a broader recall involving nearly 750,000 eye-care products. Sterling Pharmaceutical Servi…

Popular cookie chain abruptly closes all locations after years of rapid expansion - Fox Business

Chip City, the New York-born cookie chain that expanded rapidly in recent years with backing from a prominent hospitality investment firm, has closed all of its locations nationwide. "Despite extens…

Walmart, Trader Joe's frozen berry recall expands after E. coli outbreak sickened 17 - Fox Business

A Chilean fruit supplier expanded its recall of frozen organic berries sold at Walmart and Trader Joe's after the products were linked to an E. coli outbreak that sickened 17 people in Florida and Georgia.

FDA concludes investigation into Cyclospora outbreak tied to recalled Taylor Farms iceberg lettuce - Fox Business

The Food and Drug Administration (FDA) said Friday that it concluded its investigation into the Cyclospora outbreak associated with iceberg lettuce from Mexico, finding "strong" evidence linking the …

Pool supplies retailer files for bankruptcy, to close 76 stores - Fox Business

Pool and spa service provider Leslie's Inc. announced this week that it entered into a restructuring agreement with a group of its existing lenders and will close some stores while continuing to oper…

Inside Ken Griffin’s secret three-year negotiation for Florida’s largest real estate deal in history - Fox Business

When Ken Griffin's representatives first approached real estate titan, visionary and billionaire Moishe Mana about purchasing the very land he spent decades developing and crafting, Mana was not full…

Amazon locks in nuclear power for 20 years as energy demand surges - Fox Business

Amazon is locking in nuclear power for the next two decades under a deal with Constellation Energy that will support more than $3 billion in infrastructure investment as electricity demand continues …

Mike Rowe warns US workforce facing ‘problem of the decade’ - Fox Business

America's skilled trades shortage has major employers sounding the alarm as companies face mounting demand for workers needed to build, maintain and power the country's infrastructure. mikeroweWORKS…

Ken Griffin doubles down on Florida with record $3B Carnegie Mellon gift - Fox Business

Hedge fund billionaire Ken Griffin is making the largest individual gift in higher education history, donating $3 billion to Carnegie Mellon University to expand its Pittsburgh campus and build a new…

Six Flags retires X2 roller coaster after multiple lawsuits allege traumatic brain injuries - Fox Business

Six Flags Magic Mountain said Tuesday it is permanently closing the famed X2 roller coaster after multiple lawsuits alleged some riders were left with serious brain injuries. The Southern California…

More homes, more price cuts – but buyers still aren't biting as mortgage rates climb - Fox Business

Homebuyers are still facing affordability headwinds due to elevated mortgage rates despite sellers increasingly cutting prices, a new report from Realtor.com shows. Realtor.com's latest monthly hous…

Buc-ee’s closes in on first Oklahoma location after co-founder touts business-friendly states - Fox Business

Buc-ee’s is eyeing its first stop in the Sooner State, with Oklahoma City’s mayor announcing Tuesday that talks are heating up to bring the popular Texas-based chain to town. Mayor David Holt said t…

Disney cuts hundreds of jobs across multiple departments: report - foxbusiness.com

Disney is reportedly laying off a few hundred employees across multiple departments at the entertainment giant. Citing a source familiar with the matter, Reuters reported that Disney is laying off a…

Alaska Airlines goes all-in on luxury with sweeping premium cabin overhaul - Fox Business

Alaska Air Group is making its "most significant" investment in premium travel, unveiling new luxury offerings for Alaska Airlines and Hawaiian Airlines as it competes for high-spending travelers. T…

AT&T makes major ‘bet for the future’ as AI fuels push past 60 million locations - Fox Business

AT&T has entered into a major fiber supply deal with Corning as the telecom giant prepares its network for growing data demand and the increasing bandwidth needs of artificial intelligence. Corn…

The fast-food chain where managers average more than $200K a year - foxbusiness.com

In-N-Out Burger store managers make more than $200,000 annually on average, which the fast-food chain says reflects the company's philosophy of investing in its workforce. "I can confirm that our In…

Apple's iPhone 18 goes on sale as customers line up at stores worldwide - Fox Business

Apple fans eager to get their hands on the latest iPhone crowded stores worldwide on Friday. The 18 Pro and Pro Max lineup, unveiled last week at Apple's annual event alongside its foldable phone Du…

Toys R Us makes major comeback with 120 new stores opening across US this holiday season - Fox Business

Toys R Us is launching its biggest U.S. expansion in years, with 120 new standalone stores set to open in time for the holiday shopping season. The retailer announced Thursday that it will open the …

Major airlines cut flights as higher jet fuel prices hit carriers - Fox Business

Executives from American Airlines, United Airlines and Southwest Airlines said Wednesday that higher jet fuel prices are prompting carriers to adjust capacity and closely monitor flight schedules. T…

Nvidia CEO draws line on AI safety after alarming incidents: 'If it’s not ready, just hold it back' - Fox Business

Nvidia CEO Jensen Huang delivered a dual message of caution and explosive financial optimism at a recent Scottish summit convened by King Charles, urging the artificial intelligence industry to prior…

Bessent says US needs more open-source AI models to compete with China - foxbusiness.com

Treasury Secretary Scott Bessent on Tuesday told lawmakers in Congress that the U.S. needs to foster open artificial intelligence (AI) models to compete with those made by Chinese firms. Bessent tes…

Trump calls Nvidia CEO Jensen Huang during summit, dismisses AI fears as 'hoax' - foxbusiness.com

Nvidia CEO Jensen Huang received a surprise phone call from President Donald Trump on Monday, in which the president dismissed fears that AI poses an existential threat to humanity and argued against…

Costco raises price of Kirkland motor oil and limits how much shoppers can buy - Fox Business

Costco has raised the price of motor oil sold under its exclusive private-label Kirkland brand and is now limiting how much customers can purchase weekly amid rising oil prices. A 10-quart case of K…

Sam Altman identifies two biggest risks facing AI's future - Fox Business

OpenAI CEO Sam Altman outlined two scenarios that he sees could derail progress in developing artificial intelligence (AI) and must be avoided. Altman wrote in a Sunday night post on X that the two …