Business

LARRY KUDLOW: Trump has smashed Iran’s capabilities for decades

With all the fake news about some kind of $300 billion reparations fund for Iran, and President Obama’s inane remarks that nothing’s changed and nothing’s going change regarding Iran, it’s important to remember how badly America has crippled Iran’s military and its economy. Here’s President Trump on this fake news…

Verizon launches simpler plans and new loyalty program, drops some fees

Verizon is looking to attract and retain customers by offering new, simpler plans that will drop activation and upgrade fees while also rolling out a new loyalty program offering discounts and other perks. The company is competing aggressively with AT&T and T-Mobile in the telecoms market, with rivals looking to…

EV-maker Rivian cuts hundreds of jobs after launching new SUV

Elective vehicle-maker Rivian is laying off hundreds of workers in its service and customer organization. A company spokesperson told FOX Business that the job cuts represent less than 2% of Rivian’s workforce, which totaled about 15,200 employees at the end of 2025. Workers affected by the layoffs may apply for…

Musk’s SpaceX surges past Amazon in market cap after historic IPO debut

SpaceX stock continued to surge on Tuesday following its record-setting IPO last week, with the company’s market capitalization surpassing Amazon and briefly topping Microsoft. Elon Musk’s SpaceX debuted on the Nasdaq on Friday following its IPO and shares have risen about 35% since it began trading last week, as traders…

Noem warns of ‘coordinated’ effort to funnel Chinese nationals into US

China is allegedly orchestrating a highly coordinated, “travel agency”-style operation designed to funnel Chinese nationals across U.S. borders, former Department of Homeland Security Secretary Kristi Noem said Tuesday. Speaking exclusively on FOX Business’ “Mornings with Maria,” the current special envoy for the Shield of the Americas detailed intelligence she said…

Yum Brands sells Pizza Hut for .7 billion, sharpens focus on Taco Bell and KFC

Yum Brands announced on Tuesday that it is selling Pizza Hut to private equity firm LongRange Capital for $2.7 billion. The transaction would mark a significant shift for one of America’s most recognizable pizza chains and underscores growing consolidation across the restaurant industry as operators navigate slowing consumer demand and…