Business
Meta is partnering with North America’s Building Trades Unions (NABTU) to expand the pipeline of skilled workers needed to build and maintain America’s rapidly growing AI infrastructure. The partnership, announced Wednesday, will give Meta access to NABTU’s network of apprenticeship and training programs while helping connect skilled trades workers with…
The Magnum Ice Cream Company is voluntarily recalling all lots of certain Reese’s and Almond Joy ice cream bars after an internal review found inaccurate nutritional information on the products’ cartons. The Class III recall covers Reese’s Crunchy Peanut Ice Cream Bars and Almond Joy Ice Cream Bars and extends…
China’s increasingly aggressive activity around Taiwan and other flashpoints in East Asia could trigger a wider conflict even if Beijing is not prepared to launch a full-scale invasion, according to a China expert. Gatestone Institute senior fellow Gordon Chang joined FOX Business’ Cheryl Casone on “Mornings with Maria” to discuss…
Mortgage rates fell for the first time in six weeks, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.67% from last week’s reading of 6.69%. The average rate on a 30-year loan…
A group of nine pharmacy benefit managers (PBMs) announced Thursday that they will work with an industry group to boost the transparency of prescription drug pricing through the TrumpRx platform. FOX Business exclusively learned that the Pharmaceutical Care Management Association (PCMA) and nine PBMs reached an agreement to showcase the…
Ford Motor Co. is giving its Louisville Assembly Plant a massive makeover as it prepares to build a new electric truck in 2027. The automaker is investing $2 billion to transform the roughly 3-million-square-foot Kentucky factory from gas-powered vehicle production to EV manufacturing, according to an announcement from Ford.The plant…
Ford is preparing to expand U.S. production of Lincoln vehicles as the automaker moves toward ending imports from China for American customers, a move Commerce Secretary Howard Lutnick highlighted while discussing the Trump administration’s push to expand domestic manufacturing. Lutnick joined FOX Business’ Larry Kudlow on “Kudlow” to discuss the…
Flock Safety, the embattled AI-powered security camera operator, announced an overhaul to its privacy and security measures Thursday amid growing backlash from consumers and reports of law enforcement abuse. As public backlash to the company’s growing network of automated license plate readers (ALPRs) continues to build, the company announced a…
Wealthy homebuyers are increasingly looking to lower-tax, business-friendly states such as Texas as taxes and regulation play a bigger role in where affluent Americans choose to live and invest, according to Mauricio Umansky, founder and CEO of global brokerage The Agency. “That trend is definitely happening,” Umansky told FOX Business…
A fan-favorite Costco baking staple is returning to warehouse shelves after a two-year hiatus, drawing celebrations from shoppers who had been waiting for its comeback. Costco has brought back its Kirkland Signature Semi-Sweet Chocolate Chips after removing the item in July 2024, when rising cocoa costs made it difficult for…