Business
Tropical Smoothie Cafe CEO Max Wetzel told FOX Business that one leadership habit has been critical as the fast-casual chain has grown to nearly 1,800 locations. “We spend a lot of time listening and learning before we lead and decide,” Wetzel said. “And I say ‘we’ because certainly it’s myself,…
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 Services LLC, based in Dupo, Illinois, initiated the recall on Aug. 20 because of a “lack of assurance of sterility,” according to a U.S. Food…
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 extensive efforts to stabilize our business in the face of significant macroeconomic headwinds, we have made the very difficult decision to…
A top official at the Treasury Department told FOX Business she believes the “Iranians know that the U.S. is winning” as the Operation Economic Outcast sanctions campaign is ramping up pressure against Tehran. Under Secretary for International Affairs Erin Browne made the remark this week as Iran’s official currency plunged to record…
A Chilean fruit supplier has expanded a recall of its frozen organic berries, which were sold in Walmarts and Trader Joe’s stores across the United States. The products, made by Frutas y Hortalizas del Sur S.A., were linked to an E. coli outbreak that infected 17 people and hospitalized six…
The yield on the 10-year Treasury hit the highest level since 2002 during Thursday’s trading session, as higher borrowing costs impact the economy at large and impact households. Yields on longer-dated Treasurys have risen this year amid the geopolitical uncertainty caused by the Iran war, as well as growing federal…
Kodiak’s unsupervised driverless long-haul delivery trucks will soon hit Texas roads as its partnership with Swedish furniture giant IKEA enters a new phase. Kodiak founder and CEO Don Burnette joined “Varney & Co.” Tuesday to shed light on the rollout and the technology behind the autonomous trucks.”We’re starting with one.…
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 infections to recalled products from Taylor Farms de Mexico. The cyclosporiasis outbreak — one of the largest foodborne illness events in recent…
President Donald Trump announced Friday that his administration would begin sending checks of nearly $100 to more than 20 million seniors to help offset the cost of Medicare Part B premiums. Trump said in a Truth Social post that the funds — which, based on the figures he provided, would…
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 operate as it restructures through bankruptcy. The company said that it filed voluntary petitions for prearranged Chapter 11…