Business

Billionaire entrepreneur Elon Musk on Tuesday weighed in on the "big, beautiful bill" the Trump administration and congressional Republicans are working to advance, criticizing it as a "disgusting abomination" due to its projected effect on budget deficits.Musk, who helped launch the Department of Government Efficiency (DOGE) until his time as a special government employee expired last week and a close ally of the Trump administration, slammed the bill in a post […]

Flock Safety has released another piece of revolutionary technology aimed at keeping everyday civilians safe from crime. The company’s new product, Flock Nova, helps law enforcement with a common but often overlooked problem – a lack of data sharing and access."I operated under the assumption that if I got pulled over or arrested in one city, that city would have access to all the other arrests that have occurred across […]

The Food and Drug Administration (FDA) recently issued a Class 1 recall of tomatoes potentially contaminated with salmonella, the agency’s highest classification level.Williams Farms Repack LLC’s recall of tomatoes in "4x5 2 layer, 60ct 2layer, 3ct trays in the Williams Farms Repack label" and "5x6 25lb, 6x6 25lb H&C Farms Label" received a Class 1 designation from the FDA last week. Class 1 signals a "situation in which there is a […]

Citi announced Tuesday that it will update its policies to ensure clients can access the firm's financial services despite their political views or involvement in the firearms industry.The bank's decision comes following actions by the Trump administration to counter alleged "debanking" of conservatives, crypto firms and other businesses such as firearms dealers who have lost access to financial services because of their views or their connection to disfavored industries. "Citi has always been […]

McDonald’s has revealed the date that fan favorite, the snack wraps, will make their return to the menu.The snack wrap, which was discontinued nationwide about nine years ago, will reappear on the fast-food giant’s menus starting July 10.When it returns next month, McDonald’s said it will make the snack wrap with one of its McCrispy Strips. It will also have shredded lettuce and cheese within the tortilla.The fast-food giant first […]

Fans of present-day Frontierland at Walt Disney World's Magic Kingdom have 33 days left to enjoy it.On Tuesday, Disney announced that the Rivers of America, Tom Sawyer Island and the Liberty Square Riverboat will close on July 7 as Disney Imagineers prepare to transform the attractions' area into "Piston Peak National Park."The attraction's theme is set in the Disney and Pixar "Cars" universe. "Imagine an awe-inspiring wilderness filled with towering trees, […]

Roark Capital, the private equity firm that's been buying up established franchises, acquired Dave's Hot Chicken in a $1 billion deal that will fuel the chicken chain's restaurant expansion. Dave's Hot Chicken said the investment from Roark will aid the company as it enters its next phase of growth around the globe as it plans to open more than 155 locations this year.The company currently has over 300 locations, but it […]

A federal judge has vacated the trial date related to Boeing and the crashes of its 737 MAX airplanes that left nearly 350 people dead.U.S. District Judge Reed O'Connor granted the request of the airline and the Department of Justice (DOJ) on Monday, according to court documents obtained by FOX Business. The DOJ had filed a motion to dismiss the criminal fraud charge as part of a non-prosecution agreement.The trial […]

The outlook for economic growth in the U.S. was slashed due to higher tariffs in a new report released by the Organisation for Economic Co-operation and Development (OECD) on Tuesday.The OECD's forecast cut U.S. economic growth to 1.6% in 2025 and 1.5% in 2026, well below the 2.8% growth in gross domestic product (GDP) that was recorded last year. The group attributed the slower growth forecast to the "substantial increase in the […]