Business

Rising costs, loyal customers: Inside a Staten Island restaurant empire

As the U.S. approaches its 250th anniversary, small businesses remain a cornerstone of the American economy, employing nearly half of the private sector workforce and powering communities across the country. On Staten Island, that story is playing out in real time for restaurant owner Rob DeLuca.DeLuca didn’t initially plan on…

Popular food brand Cento accused of ‘tomato fraud’ in lawsuit

A major food brand is being sued over claims it falsely marketed its canned tomatoes as premium “San Marzano” products. Cento Fine Foods, based in New Jersey, is facing a proposed class action lawsuit claiming it misled consumers by labeling its tomatoes as “certified” San Marzano despite allegedly failing to…

PayPal eyes 20% job cuts as profit falls, outlook weakens

PayPal is reportedly weighing cuts of up to 20% of its workforce as the payments giant ramps up cost-cutting efforts under new leadership. The potential layoffs come as PayPal faces mounting pressure on profitability despite continued revenue growth.FOX Business reached out to PayPal for comment. Bloomberg and The Wall Street…

How you can get a slice of Apple’s 0M iPhone settlement

Apple has agreed to a $250 million settlement to resolve claims it misled consumers about artificial intelligence features tied to its latest iPhones, according to a federal court filing. The proposed deal, filed in the U.S. District Court for the Northern District of California, would create a non-reversionary settlement fund…

Burlington to open over two dozen new stores across country in May

Discount retailer Burlington is planning to open more than two dozen stores in 20 states this month as the company continues to expand its footprint with over 1,000 locations around the country. The company in March said that it planned to open 110 net new stores, plus a new distribution…