Business
This is a developing story about the Federal Reserve’s March interest rate cut decision. Please check back for updates. The Federal Reserve on Wednesday announced it will leave interest rates unchanged, amid a softening labor market and growing uncertainty over the war in Iran.Fed policymakers voted to leave the benchmark federal…
Josh D’Amaro officially assumed the role of Disney chief executive on Wednesday, taking charge of the company as it confronts a rapidly shifting entertainment landscape shaped by artificial intelligence, changing consumer behavior and pressure across its legacy media businesses. His succession of Bob Iger follows a run leading Disney’s parks,…
In a high-stakes balancing act, Apple CEO Tim Cook is rejecting political labels while aggressively aligning his company with the Trump administration’s “America First” economic agenda. Highlighting a massive $600 billion investment in U.S. operations, Cook defended his proximity to the White House as a necessary pursuit of pro-growth policy…
Aldi is recalling a frozen food product from store shelves following a Food and Drug Administration (FDA) notice citing potential contamination with rodent hair. The recall involves Simply Nature spinach bites sold at Aldi under the “Simply Nature” label, according to the FDA. The product may be contaminated with rodent…
President Donald Trump has temporarily waived a century-old shipping law to allow oil and other resources to flow to the United States, a White House official told FOX Business on Wednesday. Trump issued a 60-day waiver of the Jones Act, a measure that requires that only U.S. ships carry cargo…
Costco is making a bold move into fertility care. The membership-only retailer announced last Monday it will begin offering fertility treatments to customers at a steep discount through a new nationwide partnership with healthcare providers.The initiative brings together telehealth provider Sesame and fertility clinic IVI RMA North America to provide…
Dell’s workforce has fallen by 10% for a third year in a row, according to annual reports filed Monday. As of Jan. 30, the Texas-based tech giant reported a headcount of 97,000 employees, down roughly 11,000 from its previous year of 108,000. The reductions were primarily driven by cost-cutting measures, including…
Steak ‘n Shake is shaking up its “Patriot Milkshake” with a new, chocolate twist. The milkshake will now be served with a dark chocolate Statue of Liberty, the company announced on Monday.”Patriot Milkshake now comes with [a] Statue of Liberty. Yes fans, it’s dark chocolate,” the company wrote in a…
As pressure builds on Iran’s ruling regime, exiled Crown Prince Reza Pahlavi remains in contact with figures inside the country who could help ensure a “stable transition,” according to his chief of staff. “He’s in touch with forces within the country, including within the state bureaucracy, who, at the right…
Federal regulators announced a recall of nearly 50,000 Volkswagen Jetta vehicles in the U.S. over an engine fire risk caused by a loose wire after reports from several owners of melted wires and fires. The automaker reported the issue to the National Highway Traffic Safety Administration (NHTSA) last Wednesday.At least…














