Valvoline CEO Lori Flees discusses the used car boom, decreased interest in electric vehicles and more on ‘The Claman Countdown.’ Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after misjudging consumer demand for EVs. Stellantis […]
Check out what’s clicking on FoxBusiness.com. The Trump administration’s budget office told FOX Business Wednesday that it is canceling $1.5 billion in blue-state grants, citing concerns about how funds are being managed in California, Colorado, Illinois and Minnesota. The Office of Management and Budget (OMB) said it will target projects at the Department of Transportation […]
Western Digital (WD) is transforming itself into an AI infrastructure kingpin, moving beyond its traditional markets to capture its share of spending frenzy. The company, which is ditching its legacy nameplate and rebranding as WD, recently announced its second-quarter fiscal year 2026 earnings, sparking bullish sentiment from analysts and boosting investor confidence this week. WD […]
Apple Inc. (NASDAQ:AAPL) is among the 12 Most Profitable NASDAQ Stocks to Buy Right Now. The tech giant has acquired Israeli AI audio startup Q.ai, a company representative told the media on Thursday. Apple Inc. (AAPL) Acquires Israeli Startup Q.ai For Approximately $2 Billion: Report While the representative did not reveal a purchase price, the […]
Fox News legal analyst Gregg Jarrett discusses President Donald Trump’s lawsuit against the IRS and Treasury on ‘The Evening Edit.’ President Donald Trump said Saturday that he is considering settling his $10 billion lawsuit against the IRS and donating the money to charity. Trump filed a lawsuit Thursday accusing the agency of unlawfully leaking his […]
(From right) R Selvam, Executive Director, Council for Leather Exports (CLE), and Abdul Wahab, Regional Chairman, South CLE, at a press conference in Chennai, Tamil Nadu, on Saturday, January 31, 2026. | Photo Credit: BIJOY GHOSH Despite the US‘ tariffs on Indian goods, the Indian leather and footwear industry aims to maintain a flat growth […]
Zijin Mining Group Co. has raised $1.5 billion from the sale of bonds that can be converted into stock as the price of gold hits record highs. An abandoned gold mine. Image for representational purposes only. (AP) The Chinese miner offered convertible bonds due 2031 at zero coupon, according to a stock-exchange filing on Friday. […]
Check out what’s clicking on FoxBusiness.com. Restaurant franchiser FAT Brands, which owns popular fast-casual chains including Fatburger, Johnny Rockets and Twin Peaks, has filed for bankruptcy amid a mounting debt of roughly $1.3 billion. The California-based company, which oversees 18 restaurant brands with more than 2,200 locations worldwide, filed for Chapter 11 bankruptcy in Texas […]
Valvoline CEO Lori Flees discusses the used car boom, decreased interest in electric vehicles and more on ‘The Claman Countdown.’ General Motors on Tuesday announced a multibillion-dollar charge related to the realignment of its electric vehicle (EV) strategy following the release of its 2025 financial results and its guidance for 2026. GM reported that its […]