Business
Ford Motor Co. is giving its Louisville Assembly Plant a massive makeover as it prepares to build a new electric truck in 2027. The automaker is investing $2 billion to transform the roughly 3-million-square-foot Kentucky factory from gas-powered vehicle production to EV manufacturing, according to an announcement from Ford.The plant…
Ford is preparing to expand U.S. production of Lincoln vehicles as the automaker moves toward ending imports from China for American customers, a move Commerce Secretary Howard Lutnick highlighted while discussing the Trump administration’s push to expand domestic manufacturing. Lutnick joined FOX Business’ Larry Kudlow on “Kudlow” to discuss the…
Flock Safety, the embattled AI-powered security camera operator, announced an overhaul to its privacy and security measures Thursday amid growing backlash from consumers and reports of law enforcement abuse. As public backlash to the company’s growing network of automated license plate readers (ALPRs) continues to build, the company announced a…
Wealthy homebuyers are increasingly looking to lower-tax, business-friendly states such as Texas as taxes and regulation play a bigger role in where affluent Americans choose to live and invest, according to Mauricio Umansky, founder and CEO of global brokerage The Agency. “That trend is definitely happening,” Umansky told FOX Business…
A fan-favorite Costco baking staple is returning to warehouse shelves after a two-year hiatus, drawing celebrations from shoppers who had been waiting for its comeback. Costco has brought back its Kirkland Signature Semi-Sweet Chocolate Chips after removing the item in July 2024, when rising cocoa costs made it difficult for…
A ticket sold in Illinois matched all six winning numbers in Wednesday’s Powerball drawing to claim the $1.040 billion jackpot. The grand prize has an estimated cash value of $450.5 million and ranks as the eighth-largest Powerball jackpot ever won, according to Powerball.The largest lottery jackpot in U.S. history was…
Whole Foods announced Wednesday that it is recalling certain produce and prepared foods containing fresh jalapeño peppers supplied by Coast Citrus Distributors over potential salmonella contamination. The Food and Drug Administration said the recalled products were sold in 12 states and have “Best Before” dates ranging from Aug. 7 through…
McDonald’s is moving into energy drinks, teaming with Red Bull as the fast-food giant expands its beverage lineup while working to drive more customers to its U.S. restaurants. Starting Aug. 17, participating McDonald’s restaurants nationwide will sell the Red Bull Dragonberry Energizer, marking the company’s entry into the energy drink…
Ford Motor Company plans to expand U.S. production of Lincoln vehicles beginning in 2030 and eventually stop importing vehicles from China for the luxury brand’s American customers. The Dearborn, Michigan-based automaker said Wednesday that the expansion is expected to generate thousands of direct and indirect U.S. jobs. Ford did not…
Kroger has closed at least three dozen stores since announcing plans last year to shutter 60 locations that were not “delivering sustainable results” by the end of 2026. The Cincinnati-based grocery giant did not release a full list of stores or banners slated for closure, but online searches listed 39…
