Cracker Barrel eliminates DEI programs, brings back handmade biscuits

FIRST ON FOX: Cracker Barrel is highlighting a series of changes the restaurant chain has implemented in the wake of aggressive backlash from customers in recent weeks, ranging from a throwback in biscuit preparation to the elimination of Diversity, Equity and Inclusion (DEI) programs. Cracker Barrel is poised to announce…

Klarna valued at B ahead of trading debut

Buy now, pay later company Klarna is making its long-awaited initial public offering on Wednesday after raising $1.37 billion. The Swedish firm priced its IPO at a higher-than-expected $40, above the $35 to $37 expected range, valuing the company around $15 billion.COSTCO ROLLS OUT BUY NOW, PAY LATER FOR BIG…

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Lowe’s aids small businesses hammered by hurricanes ahead of holidays

Lowe’s plans to provide millions in financial support to small businesses in North Carolina that were hit hard by Hurricane Helene, helping them recover during the holiday season after federal relief temporarily dried up. The $2.5 million fund will provide grants directly to small businesses in the state. It will…

Trump admin’s Fannie, Freddie IPO plan draws interest from banks: sources to Bartiromo

Several Wall Street banks are pitching President Donald Trump about handling the initial public offering (IPO) of Fannie Mae and Freddie Mac, sources told FOX Business Network’s Maria Bartiromo. Bartiromo reported Friday morning on “Mornings with Maria” that, “Wall Street banks are cozying up to President Trump right now because they want…

Prince George’s County council limits convenience store density

The Prince George’s County council in the state of Maryland recently voted 10-0 in favor of enacting a measure limiting how densely convenience stores can be packed together in the area. Council Member Krystal Oriadha said in October that there is a problem with “overconcentration” of the stores.”They call themselves…

Buffett revives UnitedHealth, giving stock best day since 2008

Warren Buffett is helping revive shares of beleaguered UnitedHealthcare Group after taking a $1.6 billion stake in the company, according to filings with the Securities and Exchange Commission. UnitedHealth shares are on pace for the best one-day percentage gain since 2008, as tracked by Dow Jones Market Data Group. Still,…

Florida citrus production impacted by recent hurricanes after damage to farms

Florida oranges are harder to come by after recent hurricanes impacted production at farms across the state. The U.S. Department of Agriculture predicts the state’s citrus season, which runs from October to June on average, will be worse than last year.Florida is expected to produce 12 million 90-pound boxes of…

Small business optimism soars in anticipation of Trump 2.0

The anticipation of Donald Trump returning to the White House sparked a surge of optimism on Main Street, according to multiple post-election surveys. The National Federation of Independent Business’ (NFIB) latest Small Business Optimism Index jumped 8 points to 101.7 in November, with the election results indicating a significant shift…

Small business optimism soars in anticipation of Trump 2.0

America’s small business owners are feeling better about the economy than they have in six years, in anticipation of President-elect Trump returning to the White House. The National Federation of Independent Business’ (NFIB) latest Small Business Optimism Index jumped 3.4 points to 105.1 in December, the highest reading since October…

Crime-ridden New York City in 1975 inspires gin brand’s bottle design, branding

A Long Island-based liquor brand drew inspiration from a 1975 crime-ridden New York City to introduce consumers to a dark and gritty yet refined product that was unique among spirits. In a propaganda campaign, plainclothes New York law enforcement officers approached tourists with pamphlets titled “Welcome to Fear City: A…

China imposes restrictions, warns foreign buyers against rare earth stockpiling

China appears to be building up a new “leverage point” against foreign nations as it cracks down on rare earths hoarding. Foreign companies purchasing rare earths from China are reportedly being warned against stockpiling them, according to the Financial Times, which cited two people familiar with the matter. China is…