Jul
29
Candymaker Mars pledges $2 billion for domestic operations through 2026, building on $6 billion invested over the past five years with 94% of U.S. products manufactured locally.
Tag: online business
Jul
29
What to know about the Manhattan office building housing Blackstone, NFL that was scene of shooting
The New York City office building at 345 Park Avenue where a deadly shooting occurred serves is the headquarters of investment firm Blackstone, as well as the NFL and Rudin Management.
Barstool Sports initiates charity drive for NYPD officer Didarul Islam’s family following his death in a Manhattan shooting, continuing Portnoy’s history of supporting law enforcement.
[display-posts category=”news”] As President Donald Trump enters the final days before his global trade deadline, tariff revenues have climbed to a record $150 billion so far this year. The U.S. collected nearly $28 billion in customs duties in July, the highest monthly total so far this year, according to the Treasury Department’s “Customs and Certain […]
Union Pacific Corporation and Norfolk Southern Corporation announced a landmark merger deal on Tuesday that will create America’s first transcontinental railroad, linking more than 50,000 route miles from coast to coast. Union Pacific will acquire Norfolk Southern for $320 per share in a cash-and-stock deal. The offer is based on Union Pacific’s unaffected closing stock […]
Financial firm Blackstone said it has lost “one of our most beloved colleagues” in Monday’s shooting at an office building in New York City. Blackstone announced the death in a memo to staff, and later identified the victim as Wesley LePatner in a subsequent statement. Three other people were killed during the attack, including a […]
The Federal Reserve is set to announce its latest decision on interest rates this week amid President Donald Trump‘s efforts to lobby the central bank into lowering rates. The Federal Open Market Committee (FOMC), the central bank’s monetary policy-setting panel, kicks off a two-day meeting on Tuesday and will announce its interest rate decision on Wednesday, […]
Spirit Airlines is preparing to furlough 270 pilots this fall. The furloughs will go into effect on November 1, the budget-friendly airline said on Monday. An additional 140 pilots will be demoted on October 1, as the cash-strapped carrier looks to scale down its workforce to match a downsized schedule. “We are taking necessary steps […]
President Donald Trump’s administration began investigating whether healthcare providers are misrepresenting or failing to disclose the risks of transgender procedures and care this week. The Federal Trade Commission announced the investigation on Monday, giving consumers a window through September 26 to come forward with any concerns that they may have been “exposed to false or […]
Romantic relationships can easily develop in the workplace, but regardless of who is involved, they can be considered “thorny” from a legal liability standpoint. That’s according to Misty Marris, a trial attorney and legal analyst. In particular, when these relationships go wrong, it can lead to significant risk in the workplace, Marris said. The conversation […]
With the clock tik-tocking down on the ban of Chinese social media platform TikTok, one of the leading bidders for the wildly popular app bluntly called the platform ‘spyware’ and says lawmakers who voted to pass the “divest or ban” bill more than a year ago are ready to push the issue. In a FOX […]
Jul
29
Commerce Secretary Lutnick celebrates Trump’s ‘monster’ EU trade deal as ‘huge’ win for America
Commerce Secretary Howard Lutnick touted the Trump administration’s “monster” trade deal with the European Union (EU) as a historic moment for the American people. Lutnick joined “Special Report” Monday after President Donald Trump and EU Commission President Ursula von der Leyen announced a deal in Scotland ahead of a looming Aug. 1 tariff deadline that threatened […]
When will even critics admit that President Trump’s trade strategy is working? The EU deal is another example. And there’s no world trade war, no tariff retaliations. As usual, the so-called experts are wrong. In fact, his bilateral approach is remaking the world trading system that has been broken for the past three or four […]
The Trump administration’s DOGE developed a new tool that leverages artificial intelligence (AI) to review federal regulations for potential elimination, according a new report. The “DOGE AI Deregulation Decision Tool” was designed to review about 200,000 federal regulations and assess which can be eliminated, The Washington Post reported after reviewing a PowerPoint presentation about the tool and […]
The European Union is reducing its reliance on Russian energy supplies and will invest in liquefied natural gas (LNG), oil, and nuclear fuels from the United States, marking a significant boost for the U.S. energy sector. President Donald Trump announced on Sunday that a “Landmark Trade Deal” was made between the U.S. and E.U. in […]
FOX Business Network will begin airing Camping World CEO Marcus Lemonis’ new series, “The Fixer,” in primetime on July 29 at 8 PM ET. The series will debut its first episode on Tuesday and will air weekly through September. Viewers can also stream “The Fixer” on Fox Nation, Fox News’ streaming service. “I’m proud to […]
Boeing is preparing for a potential labor strike from its defense division as early as Aug. 4, after union members who build military aircraft in St. Louis, Missouri, “overwhelmingly” rejected the company’s latest contract offer on Sunday. The International Machinists and Aerospace Workers (IAM), representing 3,200 employees across three St. Louis-area facilities, turned down a proposal […]
President Donald Trump on Monday championed his latest trade deal with the European Union as a “very big trade deal,” but his enthusiasm for the agreement does not appear to be shared by European leaders, with some describing the agreement as a “submission.” Trade between the U.S. and Europe accounts for nearly a third of […]
As the EU–U.S. trade deal advances, the wine and spirits industry on both sides of the Atlantic remains iced out. The new agreement, secured by President Donald Trump over the weekend, imposes a 15% tariff on European goods but does not contain a decision regarding the wine and spirits industry. European Commission President Ursula von […]
Paris Hilton had a surprising reaction to her mom’s decision to shop discount. Kathy Hilton admitted she’d started to shop on Shein, a fast-fashion e-commerce platform, during a recent episode of “Call Her Daddy.” “The Real Housewives of Beverly Hills” star boasted about a $22 purchase she made while telling host Alexandra Cooper about her […]
President Donald Trump on Sunday announced that the U.S. and European Union had reached an agreement on a framework for a trade deal. Trump and European Commission President Ursula von der Leyen unveiled the deal following a meeting in Scotland, which will bring certainty to the tariff policy that had been in flux for much of the […]
Top U.S. and Chinese officials are meeting in Sweden this week in a high-stakes effort to secure a trade agreement before looming tariff deadlines reignite tensions between the world’s two largest economies. The talks, which began around 9 a.m. ET, are being led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng. […]
The Federal Aviation Administration (FAA) said flights arriving at Newark Liberty International Airport are facing delays due to staffing shortages on Monday morning as the agency continues to grapple with a shortfall of certified air traffic controllers. The FAA said a traffic management program was put into effect for traffic arriving at the airport around […]
Last month, the announcement that four artificial intelligence companies, OpenAI, Anthropic, Google, and xAI, had secured a government contract with the Pentagon drew the attention of one CEO who expressed skepticism about the proprietary models developed by these tech giants. The companies, known for their chatbot services powered by large language models (LLMs) such as […]
The exchange-traded fund (ETF) created around celebrity Wall Street analyst Dan Ives’ top 30 AI picks is off to a strong start. The ETF has raked in nearly $400 million since its June 3 inception and is up 11%. For the month, its 5% gain is outperforming the Nasdaq Composite and S&P 500. Ives is […]
The Federal Reserve (the “Fed”) is a behemoth agency with the ability to manipulate and control the entire American economy. Our jobs, our finances, our savings and, ultimately, our livelihoods — all of them are subject to the decisions made at the Fed. But the Fed’s deliberations and operations happen behind closed doors. […]