Business

Disney CEO unveils entertainment giant’s new 3-pillar growth plan

New Disney CEO Josh D’Amaro outlined a new growth strategy for the entertainment giant as the company announced its quarterly results, which includes a focus on investing in content as well as technology. D’Amaro, who succeeded former Disney CEO Bob Iger in mid-March, said in a letter to shareholders that…

Subway closed over 700 US stores as franchise model faces strain

Subway is shrinking again – and the reason matters beyond sandwiches. The chain closed a net 729 U.S. locations in 2025 – its steepest drop in years – according to a new franchise filing reviewed by FOX Business. The total number of restaurants has now fallen to fewer than 19,000,…

Costco recalls popular product in 2 states over potential ingredient mix-up

The U.S. Department of Agriculture (USDA) has issued a warning for Costco shoppers in the Northeast. A major mislabeling error has turned a standard beef dinner into a potential medical emergency for those with shellfish allergies. Giovanni Rana ravioli — specifically the “Rustic Beef Sauce & Creamy Burrata Cheese” variety…

Private sector added 109,000 jobs in April, above expectations, ADP says

This is a breaking news story about the April 2026 ADP National Employment report. Please check back for updates. Companies in the private sector added 109,000 jobs in April, payroll processing firm ADP said Wednesday.The figure is above economists’ estimates of a gain of 99,000 jobs. The prior month’s payrolls…

Gas prices surge past .50 nationally as Iran tensions pressure drivers

The national average price for regular gasoline surged above $4.50 per gallon Wednesday, as ongoing tensions between the U.S. and Iran continued to pressure fuel costs for American drivers. AAA reported the national average for regular gas at $4.536 as of Wednesday, up more than five cents from Tuesday’s $4.483…