The FBI reportedly raided the Manhattan home of Polymarket CEO Shayne Coplan early Wednesday morning after the election betting platform correctly predicted Donald Trump’s victory in the 2024 presidential race last week.  A spokesperson for Polymarket called it “obvious political retribution by the outgoing administration against Polymarket for providing a…

One pro-Trump tech CEO is taking his political engagement to the next level by seriously considering a congressional bid to fill New York Rep. Elise Stefanik’s seat when she joins the Trump administration in January.  Sticker Mule CEO Anthony Constantino, who has been a staunch supporter of President-elect Donald Trump,…

President-elect Donald Trump is moving at warp speed to form his administration and that’s the subject of the riff. Sounds like a businessman to me.  He likes to get things done as quickly as possible. He’s obviously thought a lot about it ahead of time and, however shocking to the…

Starbucks revealed the date it will hold Red Cup Day this year. The 2024 edition of Red Cup Day will occur on Thursday at participating locations across the country, according to the coffee house chain.During the annual day-long event, Starbucks said it will hand out free reusable red cups “while…

Boeing said it is issuing layoff notices to employees who are included in the aerospace giant’s broader workforce reduction plan. The approximately 17,000 employees included in the cuts were notified this week and are expected to leave the company in mid-January, Boeing said. The cuts, which come after a labor…

During his “My Take,” Wednesday, “Varney & Co.” host Stuart Varney discussed how President-elect Trump is following through on his pledge to reshape the government and unify both parties in an attempt to put to rest the “ugly divisions” of the past. STUART VARNEY: The best way to describe the…

Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.Shares of Rivian and other electric vehicle manufacturers decreased after Trump won his second presidency, with Tesla being the only outlier.Rivian’s shares have…

DirecTV says it is walking away from its planned acquisition of EchoStar’s video distribution service, DISH DBS, after Dish bondholders rejected a debt exchange offer from the satellite TV provider. “A successful exchange was a condition for acquiring the DISH video business,” a DirecTV spokesperson said in a statement to…

Kraft Heinz has stopped making its Lunchables available through the National School Lunch Program (NSLP). Insufficient demand for the two Lunchables products that Kraft Heinz made last year for the NSLP prompted the company to withdraw them, Kraft Heinz told FOX Business on Wednesday.”Last year, we brought two NSLP compliant…

The union representing dockworkers at East and Gulf Coast ports walked away from the negotiating table with port employers this week over concerns about automation as the two sides face a mid-January deadline to finalize a deal and prevent the resumption of a strike, FOX Business has learned. The International Longshoremen’s…