Tag: logistics

Meta CEO Mark Zuckerberg is reportedly building a team of experts to develop artificial general intelligence (AGI) that can meet or exceed human capabilities. Bloomberg News reported Zuckerberg is looking to build a superintelligence team and is recruiting from a group of artificial intelligence (AI) researchers and engineers who he has been holding a series of […] ...

Retail stores and at least one restaurant are being caught in the crosshairs of ongoing anti-ICE riots in Los Angeles. A T-Mobile, Adidas, Apple Store and a sushi restaurant were also among the businesses that were damaged or looted in recent days as rioters clashed with law enforcement over ICE raids in the city. The […] ...

New York is poised to play a central role in the development of artificial intelligence (AI), OpenAI executives told key business and civic leaders on Tuesday. OpenAI CEO Sam Altman spoke at a private event hosted by the Partnership for New York City and the AI firm revealed a report showing that New York is well-positioned to […] ...

Tech giant Apple is on day two of five of its annual Worldwide Developers Conference (WWDC), where announcements are being made about what is ahead for its devices. One of the major announcements made on Monday was that iOS users will be able to create digital identifications with their passports, which can then be used […] ...

Artificial intelligence is helping Chipotle rapidly grow its footprint, according to CEO Scott Boatwright.  On Monday, Boatwright told Fortune at the outlet’s COO summit that the company “will open a new Chipotle restaurant this year almost every 24 hours” amid the chain growing at an “exponential rate.”  “And if you think about the growth that’s ahead […] ...

Rioters in downtown Los Angeles looted a prominent Apple store amid protests against ICE raids in the city. Images from the scene show rioters in hoodies and masks ransacking the store Monday night. Dozens of people can be seen throughout the property before at least one individual began breaking a window in order to escape […] ...

The Department of Government Efficiency announced in a Monday post on X that agencies had recently nixed “111 wasteful contracts,” resulting in millions of dollars in savings. “Great work by agencies over the last three days terminating 111 wasteful contracts with a ceiling value of $790M and savings of $263M,” the post on X noted, […] ...

They’re scary, but cute – and taking the internet by storm as customers race to get their hands on Labubus. Distributed exclusively by Chinese-based retailer Pop Mart, it’s become near impossible to buy one of the plush pendant toy collectibles as they sell out online almost nightly, and people wait in hours-long lines to purchase […] ...

Apple introduced a bunch of updates and new features for iPhones through its upcoming iOS 26 operating system.  The tech giant provided a preview of the new iPhone operating system as part of the annual Worldwide Developers Conference (WWDC) it held on Tuesday afternoon. iOS 26 “brings a beautiful new design, intelligent experiences, and improvements […] ...

Chipotle has a new dip coming to its menu for the first time since 2020. Its restaurants in the U.S. and Canada will start offering a new limited-time Adobe Ranch dip beginning June 17, the company announced Monday.  When it becomes available, the new Adobo Ranch will contain adobo peppers, sour cream and a “unique […] ...

Home Depot said its stores remain open after some of its locations in Los Angeles were the target of an Immigration and Customs Enforcement (ICE) raid. Several people were detained by U.S. Immigration and Customs Enforcement (ICE) agents in the parking lot of a Home Depot in Paramount, a city in Los Angeles County, on […] ...

Officials from the U.S. and China met on Monday to begin a two-day session to discuss bettering trade ties and further deescalate the trade war.  Details of the meeting have not yet emerged, though a source told FOX Business the discussions lasted nearly seven hours and prompted the delegations to order dinner in, as they […] ...

President Donald Trump is hosting a White House event on Monday touting a policy in the One Big Beautiful Bill Act that would create investment accounts seeded with $1,000 for all newborn U.S. citizen children. The event is expected to be attended by the CEOs of several firms who plan to contribute to the accounts on […] ...

Waymo, a subsidiary of Google parent company Alphabet, is temporarily removing its autonomous cars from downtown Los Angeles after rioters set some of the vehicles on fire in response to federal immigration raids.  Waymo said it quickly removed its autonomous vehicles from downtown L.A. and “will not be serving that area for the time being […] ...

Warner Bros. Discovery announced Monday that it will split into two companies by separating its studios and streaming business from its cable TV networks. The parent company of HBO and CNN is splitting into two firms to help it better compete in streaming, as the move is expected to give WBD’s streaming unit more room to scale […] ...

The Federal Aviation Administration said it will continue to cap the number of flights in and out of Newark Liberty International Airport through the end of the year to ensure safety and limit travel disruptions.  Starting Monday, arrivals and departures will be limited to 28 each per hour during airport construction on weekends between September […] ...

There are two likely outcomes of the looming trade talks between the U.S. and China, but only one “secret weapon” to hedge against long-term competition with the growing adversary, according to one foreign policy expert. “It’s going to be a test of the two different theories put forward in our country about how weak China […] ...

FIRST ON FOX – Amazon announced Monday a $20 billion investment in creating artificial intelligence data centers in rural Pennsylvania. It is the largest corporate investment made in Pennsylvania’s history, Amazon’s Vice President of Public Policy Shannon Kellogg told FOX Business. The investment, the first data structure investment of this scale in the Keystone State, […] ...

The number of job cuts announced in the first five months of 2025 increased 80% from the same period the prior year, according to a new report from Challenger, Gray & Christmas. Employers have announced approximately 696,000 job cuts through May. In 2024, that number was just over 385,000. According to the report, job cuts […] ...

It is the summer of peaches as fast-food giant Chick-fil-A welcomes back the juicy fruit to its menu. Starting Monday, customers can enjoy the Peach Milkshake, which has returned for its 16th year, as well as the new Peach Frosted Lemonade. “There’s something about the Peach Milkshake that really feels like the start of summer, […] ...

President Donald Trump has now raised steel tariffs to 50% from 25%. This increase is absolutely essential to protecting the U.S. steel industry and America’s national security. This decision comes not a moment too soon. As global steel overcapacity reaches dangerous new heights and import surges hammer American producers, the original 25% tariffs under Section 232 are no longer […] ...

U.S. home listing prices hit an all-time high, signaling a potential shift toward a buyers’ market, according to industry experts.  In total, the value of homes in the U.S. rose 20.3% from a year ago, reaching a record $698 billion, according to a recent report from the real estate firm Redfin. The increase was driven […] ...

Treasury Secretary Scott Bessent has accused California’s Gov. Gavin Newsom of threatening to commit tax evasion after he threatened to stop paying the “over $80 BILLION” in taxes the state pays to the federal government. Newsom’s threat comes amid President Donald Trump’s vow to impose large-scale fines on the state of California for allowing a […] ...

Office of Management and Budget director Russ Vought defended the Trump administration’s sweeping economic package on Sunday, pushing back on concerns it could balloon the national debt.  Vought called it a “paramount fiscally responsible bill” and said the White House remains confident it will pass the Senate and reach President Trump’s desk sometime in July, […] ...

A set of dumbbells once sold at Costco is now under recall. Johnson Health Tech Trading and the Consumer Product Safety Commission (CPSC) issued the voluntary recall of the BowFlex 552 adjustable dumbbells on Thursday “due to reports that the weight plates can dislodge from the handle during use, posing an impact hazard.” Along with […] ...