A Georgia-based gun accessory company will pay $1.75 million in restitution to victims’ families, injured individuals and traumatized survivors of the 2022 mass shooting at a Buffalo supermarket and permanently stop selling a controversial magazine lock in New York under a settlement announced Wednesday. Mean LLC, commonly known as Mean…
Ford on Tuesday posted its largest quarterly loss since 2008 amid losses in the automaker’s electric vehicle (EV) division, as well as the impact of tariffs and a fire that impacted an aluminum supplier. The Detroit automaker reported a fourth quarter net loss of $11.1 billion after previously disclosing large…
Washington skeptics were quieted Wednesday morning as the January jobs report beat expectations, revealing a resilient American workforce that added 130,000 jobs to start the year. While experts predicted a winter chill for hiring, the 4.3% unemployment rate tells a different story — one of a Main Street economy —…
Kraft Heinz is pumping the brakes on plans to break up the company, with its new CEO saying the food giant’s challenges are “fixable and within our control” as it shifts focus toward reigniting profitable growth through a $600 million investment push. In a note in the company’s routine fourth…
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Actress Sydney Sweeney rang the opening bell at the New York Stock Exchange (NYSE) on Monday alongside American Eagle Outfitters Chairman…
The Dow Jones Industrial Average closed above 50,000 points for the first time on Friday as stocks rallied in response…
Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production,…
Wall Street giant Citi on Thursday informed the company’s U.S.-based employees that the firm plans to match the federal government’s…
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Chipotle CEO Scott Boatwright suggested in leaked audio that the company would begin focusing on customers who make more than $100,000 per year, indicating further price hikes. During a recent earnings call, Boatwright said 60% of customers earn more than $100,000 a year and that…
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U.S. employers’ announced job cuts surged in the month of January and hit the highest level since 2009, a new report shows. Global outplacement and executive coaching firm Challenger, Gray & Christmas found that employers announced 108,435 job cuts in January – an increase from the 49,795 cuts announced in the…
Chrysler is recalling more than 450,000 vehicles and more than 2,000 tow-trailer modules over a brake light failure that could raise the risk of a crash, according to the National Highway Traffic Safety Administration (NHTSA). The recall affects 456,287 vehicles and an additional 2,871 tow-trailer modules, the NHTSA said in…
The federal agency that enforces U.S. workplace discrimination laws said Wednesday it is investigating Nike over allegations that its diversity initiatives unlawfully discriminated against White employees and job applicants, according to a court filing. Reuters reported that the Equal Employment Opportunity Commission (EEOC) said Nike has refused to comply with…
Fox Corporation on Wednesday reported its second-quarter earnings that beat analysts’ estimates amid growth in advertising revenue from the company’s news networks and sports programming. The company reported $5.18 billion in revenue for the second quarter of its 2026 fiscal year, an increase of 2% from the prior year quarter and…
Companies in the private sector added just 22,000 jobs in January, payroll processing firm ADP said Wednesday. The figure is well below economists’ estimates of a gain of 48,000 jobs. The prior month’s payrolls number was revised lower to a gain of 37,000 from an initially reported gain of 41,000.”Job…
China has moved to ban one of the most iconic Tesla vehicle features in order to get a handle on vehicle safety. New safety regulations published by China’s Ministry of Industry and Information Technology state that cars sold in China will be required to have mechanical releases on their door…
Siemens Energy said Tuesday it will invest $1 billion to expand power grid and gas turbine manufacturing in the United States as rising electricity demand from data centers and artificial intelligence strains the nation’s energy infrastructure. The investment is expected to create more than 1,500 highly skilled jobs across manufacturing,…
Federal Reserve Governor Stephen Miran on Tuesday called for the central bank to make aggressive interest rate cuts this year. “I’m probably looking for a little bit more than a point of interest rate cuts over the course of the year,” Miran told FOX Business Network’s Maria Bartiromo on “Mornings…
Tax season officially began last week and American taxpayers who are due to receive tax refunds are likely to see them reach their accounts within a few weeks, depending on how they filed their returns. The IRS announced that Jan. 26 was the official start of the tax filing season, allowing taxpayers…
Gold and silver prices have seen significant volatility in recent weeks following a surge in prices over the past two years. The spot price of gold is up 67% over the last year while the silver spot price has risen 158% in that time – though the asset prices plunged…
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