Business

A single digital gambler known only as "Magamyman" walked away with $600,000 this weekend after successfully betting on the U.S. military’s strike against Iranian leadership—and he was not alone.As millions of dollars flooded into controversial prediction markets tied to U.S. strikes on Iran and the death of Ayatollah Ali Khamenei, blockchain investigators say a handful of suspected insiders may have used non-public information to turn the fog of war into […]

Pizza chain Papa John's said it plans to close hundreds of underperforming restaurants in North America by the end of next year."We have identified approximately 300 underperforming restaurants across North America that are not meeting brand expectations or lack a clear path to sustainable financial improvement, as well as locations where we can effectively transfer sales to a nearby restaurant," Papa John's Chief Financial Officer Ravi Thanawala said last week […]

Stanley Black & Decker said it will eliminate roughly 300 positions in New Britain, Connecticut, and close a manufacturing facility that produces single-sided tape measures as part of its ongoing restructuring efforts.The move is tied to what the company described as a sustained decline in demand for the product category. The New Britain site primarily manufactures single-sided tape measures, which the company said are becoming obsolete in certain markets."As a […]

In honor of Women's History Month, StubHub is jumping on the train of women's sports and its continued growth.The ticketing platform announced Tuesday that they will be launching "HerSportsHub," the first dedicated women’s sports ticket destination in the resale industry.HerSportsHub centralizes access to WNBA, NWSL, PWHL, NCAA Women’s Basketball, and more in one place, giving women’s sports fans a one-stop shop to search for a variety of women’s sports experiences. CLICK […]

Progressive lawmakers Sen. Bernie Sanders, I-Vt., and Rep. Ro Khanna, D-Calif., are targeting the billionaire class with a massive new tax proposal that seeks to seize trillions from the nation's wealthiest individuals to fund a sweeping government spending spree.Announced Monday, the "Make Billionaires Pay Their Fair Share Act" targets 938 individuals, including titans like Elon Musk and Jeff Bezos, for an estimated $4.4 trillion over the next decade — a […]

U.S. stocks fell on Tuesday as investors eye growing tensions in the Middle East and their potential effects on inflation and global trade.The Dow Jones Industrial Average fell 500 points, or 1.07%, while the Nasdaq Composite and S&P 500 fell 1.29% and 1.17%, respectively.Investors feared that the higher oil prices could fuel inflation and complicate central bank policy decisions already strained by tariff-driven price increases.US ‘SITTING ON SIGNIFICANT PROVEN RESERVES’: […]

Unrest in the Middle East is crippling global air travel and disrupting flight schedules for many carriers, leaving passengers stranded at airports abroad.Airlines across the world canceled flights after Israel and the U.S. launched a joint attack on Iran as part of Operation Epic Fury.Emirates temporarily suspended operations to and from Dubai due to the unrest in the region. It said it will resume operations of a "limited number" later […]

With Strait of Hormuz traffic nearly halted, China's reliance on Iranian oil could trigger "real problems" within two months if the crisis continues, one expert warned.Gatestone Institute senior fellow Gordon Chang joined FOX Business' Maria Bartiromo on "Mornings with Maria" to assess how escalating tensions around the Strait of Hormuz could reverberate through China's fragile, export-dependent economy.OIL PRICES SURGE AFTER STRIKES KILL IRAN’S SUPREME LEADER, TANKERS HIT NEAR STRAIT OF […]

Netflix co-CEO Ted Sarandos said Sunday he knew "right away" he would decline to counter Paramount’s winning attempt to buy Warner Bros. Discovery, admitting rival chief executive David Ellison, made a superior offer. Netflix dropped its bid to buy Warner Bros. Discovery on Thursday after the company announced Paramount's latest bid to buy all of its assets, including CNN, was "superior.""We had a very tight range that we’d be willing to pay […]