Business

Costco has started letting U.S. customers pay for large online purchases with buy now, pay later through a new partnership with Affirm.The new online payment option for U.S. Costco customers was unveiled by Affirm and the popular warehouse retailer on Wednesday. With Affirm’s buy now, pay later service, approved Costco members can now "pay over time" for eligible $500 to $17,500 purchases they make on the warehouse retailer’s website, the payment […]

Verizon Communications on Friday said that it is ending its diversity, equity and inclusion (DEI) programs amid a probe by the Trump administration into those practices, as the telecom giant seeks federal approval for an acquisition.Federal Communications Commission (FCC) Chair Brendan Carr criticized Verizon in February for its promotion of DEI programs, saying it could factor into the review of Verizon's planned acquisition of Frontier Communications for $20 billion, including […]

Novo Nordisk CEO Lars Fruergaard Jorgensen is stepping down as competition in the weight-loss drug space pressured the company's stock. "Considering the recent market challenges, the share price decline, and the wish from the Novo Nordisk Foundation, the Novo Nordisk Board and Lars Fruergaard Jørgensen have jointly concluded that initiating a CEO succession is in the best interest of the company and its shareholders," the company announced on Friday. The company commended […]

FBI Director Kash Patel previewed his plans to relocate about 1,500 agents out of the law enforcement agency's headquarters in Washington, D.C.In an excerpt of an exclusive interview with "Sunday Morning Futures" that will air this Sunday, Patel said the agency is reallocating its workforce around the country by moving those agents out of the J. Edgar Hoover Building, which opened in 1975."This FBI is leaving the Hoover building because […]

Coinbase Global's shares fell more than 7% on Thursday after the crypto exchange said a cyberattack that breached customer account data could cost the company up to $400 million.The stolen account data – which affected a "small subset of customers" – included names, addresses, phone numbers, emails and government ID images. Passwords and private keys were not compromised, the company said in a regulatory filing on Thursday.COINBASE INVESTS $25M IN […]

President Donald Trump facilitated over $200 billion in commercial deals between the U.S. and the United Arab Emirates (UAE) during his historic visit to the Middle Eastern country, according to the White House.Several deals were made, including securing a $14.5 billion commitment from Etihad Airways to invest in 28 American-manufactured aircraft from Boeing and GE Aerospace.Emirates Global Aluminum is also investing $4 billion to develop a primary aluminum smelter project in […]

Some high schools have started offering shop classes again, so students can gain in-demand trade skills for well-paying careers. One of those is Father Judge High School, a Catholic high school in Philadelphia, FOX Business correspondent Jeff Flock reported Thursday. The school has a welding program for students. Its welding lab contains 32 bays where students can learn skills of the trade, according to Flock.Steamfitters Local 420, SeaBox, Holtec International, L3 Harris, […]

JPMorgan Chase CEO Jamie Dimon on Thursday warned that a potential recession could still occur as turmoil from the Trump administration's tariffs weighs on the economy.Dimon attended the firm's annual Global Markets Conference and said in a Bloomberg Television interview that he's hopeful the economy will dodge a recession, but that it remains a possible outcome."Hopefully we'll avoid it, but I wouldn't take it off the table at this point," Dimon said. […]

Ford is recalling 273,800 Expedition and Lincoln Navigator SUVs in response to a potential issue that could make their brakes defective.The recalled Ford Expedition and Lincoln Navigator vehicles are from model years 2022-2024, according to a recall report the automaker submitted to the National Highway Traffic Administration (NHTSA).In the recalled SUVs, the front brake lines "may be in contact with the engine air cleaner outlet pipe," something that could cause the […]