Business
While legacy retail chains pull back from suburban shopping centers, Bath & Body Works is staking its next chapter directly on Middle America. Rather than sinking capital into glitzy showcase flagships in Manhattan or Beverly Hills, the retailer is launching its next-generation concept overhaul in Charlotte, Columbus and Miami —…
Nvidia CEO Jensen Huang apologized Sunday for being unfaithful to his wife as the company opened an independent investigation into reports linking him to an alleged Chinese spy. “I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I…
California voters rejected a proposed one-time 5% tax on billionaire wealth, turning back a measure supporters said could raise tens of billions of dollars for health care. The tax would have applied to people who were California residents on Jan. 1, 2026, with payments spread over five years. The defeat…
Binance has named a new chief financial officer just over a week after hackers stole approximately $6.3 billion in cryptocurrency from the exchange in what is believed to be the largest digital asset theft on record. Kaiser Ng is leaving the company after more than five years to pursue a…
House Republicans are demanding answers from Nvidia CEO Jensen Huang about his reported relationship with a Chinese intelligence asset, escalating scrutiny of whether Beijing gained access to sensitive U.S. technology through the chip giant’s business ties. The request follows a New York Times report that Alice Huang, a Chinese citizen…
Long after Jeff DiLullo traded his Army uniform for a suit, a lesson from his years at West Point and in the military has stayed with him: the importance of serving “something bigger” than himself. As CEO of Philips North America, a global health technology company that makes medical equipment…
NASA announced Saturday that Elon Musk’s SpaceX, Jeff Bezos’ Blue Origin and six other aerospace companies are eligible to compete for up to $10 billion in lunar delivery contracts as the agency advances plans to establish a permanent base on the moon. The announcement, made at the MAX POWER aerospace…
The IRS recently released updated tax brackets and deduction thresholds for the 2027 tax year, which will affect taxpayers next year. Each year, the IRS adjusts the thresholds used for tax brackets and the various deductions available to taxpayers to account for inflation. The changes will apply to what taxpayers…
The U.S. Consumer Product Safety Commission (CPSC) is recalling more than 3.6 million Little Giant ladders after receiving dozens of reports of injuries, including head trauma and skull fractures. The ladders, according to the recall, have a mechanism called “Rapid Locks” that are designed to be inserted into the ladders’…
Companies operating in California and across the nation face growing pressure to adapt to high overhead and point to local economic conditions as the reason for financial collapse, experts say. “A lot of businesses want to make excuses now,” entrepreneur and FOX Business contributor Marcus Lemonis said Friday during an…