Business
Microsoft President Brad Smith highlighted the need for global regulation of artificial intelligence (AI) in a new interview, saying that AI currently faces lighter safety requirements than milk. Smith said in an interview with the BBC that was published Monday that there’s a need for a global set of AI…
IM8, a premium health and longevity brand co-founded by David Beckham, has been endorsed by one of the best basketball players in the world: Miami Heat’s Giannis Antetokounmpo. Now, the NBA is naming the fast-growing brand its official nutrition partner in Australia and Southeast Asia.The NBA and IM8, which is…
A North Carolina man was sentenced to 18 months in prison after prosecutors said he used AI, or super intelligence, to create music and thousands of bots to fraudulently collect more than $8 million in streaming royalties. Michael Smith, 54, of Cornelius, North Carolina, pleaded guilty in March to one…
Americans facing high housing costs could see some normalization of prices in the years ahead, though a new report cautions that the timeline varies widely based on market dynamics and across different metro areas. Redfin released an analysis last week which found that housing costs could hypothetically return to “normal”…
Starbucks is putting an end to speculation that it could acquire burrito chain Chipotle Mexican Grill. A Starbucks spokesperson confirmed to FOX Business on Monday that the coffee giant is not buying Chipotle following a report that it had explored a potential deal.”Our team is laser focused on executing our…
Pickleball facility franchisor The Picklr has filed for Chapter 11 bankruptcy protection as the company seeks to reorganize after what its founder acknowledged was a costly business mistake tied to early lease guarantees. The indoor pickleball company filed late Friday in the U.S. Bankruptcy Court for the Northern District of…
The cost of the American dream is rising at a faster pace than household earnings, driven by notable increases in the cost of homeownership, raising children and paying for college, according to a new report. An analysis by Investopedia finds that the lifetime cost of the American dream rose 4.1%…
Intense demand for workers in the skilled trades is leading U.S. companies to ramp up training programs to expand their workforces and to poach workers from other companies to fill vitally needed positions. Mike Rowe, CEO of the mikeroweWORKS Foundation, which helps the next generation get training in the skilled…
“Give us more power, or give us more money.” That, according to U.S. Sen. Ashley Moody, R-Fla., is the core formula behind the Democratic Socialists of America (DSA) platform — an economic model the Florida Republican told Fox News Digital is failing in cities across the country and runs counter…
More than 82,000 rechargeable hand warmers, including products sold at Target, The Home Depot and Amazon, have been recalled over fire and burn hazards, according to federal regulators. The recall affects about 77,000 Kobayashi’s HotHands-branded rechargeable hand warmers sold in the U.S., along with approximately 77 sold in Canada. It…
