Business
Sysco, the nation’s largest food distributor, will stop buying iceberg lettuce from Mexico as federal health officials investigate a multistate cyclosporiasis outbreak linked to the product, the company’s CEO said Tuesday. The announcement from Sysco CEO Kevin Hourican comes as the Food and Drug Administration (FDA) and the Centers for…
American consumers are continuing to face elevated beef prices amid an ongoing cattle shortage, which is also hitting the bottom line of major meatpacking companies. The U.S. cattle herd is at its lowest level in over 70 years due to drought reducing forage areas in key ranching regions, which forced…
Wealthy New Yorkers are seeking exemptions to Mayor Zohran Mamdani’s second-home tax, with thousands filing applications to avoid the levy. New York City Hall confirmed to FOX Business that as of Monday, about 4,800 property owners have started the process of applying for an exemption to the pied-à-terre tax. Of…
Buc-ee’s has sued a small mini-mart in Ohio, alleging its cartoon beaver logo is too similar to the popular Texas-based chain’s iconic logo, adding to the various lawsuits the company has filed against small stores with cartoon animal branding despite an HBO show daring it to challenge someone its own…
OpenAI and one of its subsidiaries will pay $3.2 million to settle allegations that they discriminated against U.S. workers by favoring foreign workers with temporary employment visas, the Justice Department announced Tuesday. The Justice Department said the settlement resolves allegations that OpenAI and its subsidiary, Statsig Inc., violated the Immigration…
Chipotle said Tuesday it removed jalapeños from some restaurants after identifying the ingredient as a potential common link in a Salmonella outbreak that public health officials are investigating. The move comes after The Wall Street Journal reported that Minnesota health officials are investigating an outbreak of Salmonella associated with jalapeños…
McDonald’s sales growth came in slower than expected when the company released its second quarter earnings on Tuesday, with leaders pointing to execution lapses they say hampered its push to promote value deals aimed at lower-income consumers. CEO Chris Kempczinski said that weak promotion of value deals and a pullback…
A trial date for the antitrust lawsuit brought against Paramount over its $111 billion bid to take over Warner Bros. Discovery (WBD) has been set for next spring. A filing from the U.S. District Court in California’s Northern District showed that the trial date has been scheduled for March 2,…
Ace pollster John McLaughlin, using an accurate survey of 1,000 likely voters, shows when Republican candidates clearly support free-market capitalism versus Democratic policies of big government socialism, the GOP moves from a virtual tie in the generic Congressional ballot, to a commanding 49 percent to 36 percent lead. Independent and…
The U.S. remains ahead of China in the global artificial intelligence (AI) race, but its lead is narrowing as Beijing expands the global reach of Huawei and other Chinese technology companies, former State Department official Keith Krach told FOX Business. The competition goes beyond which country develops the most powerful…














