Business
Google’s Gemini artificial intelligence accessed the protected systems of three real companies while undergoing a cybersecurity test, including one instance in which the model repeatedly guessed passwords until it gained access. According to The Wall Street Journal, the incidents took place in May and mark the first known examples of…
California entrepreneur Eric Schiffer warned that the state’s proposed billionaire wealth tax could drive some of its most successful business leaders out of California, predicting a “giant sucking sound” of entrepreneurs heading for the exits if voters approve the measure. Schiffer, chairman of family office Patriarch and CEO of Reputation…
Uber has been ordered to pay $40 million in the 2023 death of a Southern California woman who was struck and killed by a vehicle after her rideshare driver kicked her out on the side of a freeway. Retired Judge Richard Stone, an arbitrator, rejected Uber’s argument that it “merely…
In-N-Out Burger store managers make more than $200,000 annually on average, which the fast-food chain says reflects the company’s philosophy of investing in its workforce. “I can confirm that our In-N-Out Burger store managers earn more than $200,000 a year on average,” Chief Operating Officer Denny Warnick said in a…
Apple fans eager to get their hands on the latest iPhone crowded stores worldwide on Friday. The 18 Pro and Pro Max lineup, unveiled last week at Apple’s annual event alongside its foldable phone Duo, features a reimagined camera with a DSLR-like aperture, improving performance in low-light environments and offering…
Long before Elon Musk was running multiple companies at once, his mother, Maye Musk, had a much simpler recommendation: pick one. Elon Musk’s mother, Maye Musk, joined FOX Business’ Stuart Varney on “Varney & Co.” to discuss her son’s ambitions, his childhood and the advice he ignored before taking on…
Housing affordability varies dramatically depending on where you live. A new Realtor.com report released this week graded the nation’s 100 largest metro areas based on housing affordability and the pace of new home construction.Joel Berner, senior economist at Realtor.com, told FOX Business that the rankings were designed to capture the…
California Gov. Gavin Newsom, a likely 2028 presidential contender, signed an executive order Friday calling on the federal government to take a more active role in regulating artificial intelligence. He said in a statement that the Trump administration has abdicated “its responsibility to protect Americans,” as AI becomes more advanced…
Legendary investor Warren Buffett is stepping down as chairman of Berkshire Hathaway, the company said on Friday. “Serving as your Chairman has been the privilege of a lifetime, and I have never taken your trust for granted,” Buffett said in a letter to shareholders. “Father Time always wins. He has,…
American homeowners expecting peak-market valuations are confronting a changing real estate landscape following the Federal Reserve’s latest interest rate decision. Rising borrowing costs are shrinking the pool of qualified buyers, signaling a potential wave of price reductions for sellers seeking to close deals before year-end, real estate insiders told Fox…