Business

Disney is cutting hundreds of employees across several TV and film teams as the company focuses on expanding its streaming services. Employees in the marketing for film and television, as well as TV publicity, casting and development, and corporate financial operations will be impacted by the cuts, a spokesperson for Disney told FOX Business. The spokesperson said the company will continue to evaluate ways to efficiently manage the businesses "while fueling the […]

Mon, 02 Jun 2025 10:22:22 -0400[image]Stocks are lower on Monday, the first trading session of June, on renewed trade tensions.The Dow Jones Industrial Average fell 300 points, or 0.6%, while the S&P 500 and Nasdaq Composite were down 0.4% and 0.3%, respectively.China said on Monday that President Donald Trump's accusations that Beijing had violated the consensus reached in Geneva trade talks were "groundless", and promised to take forceful measures to […]

Leading a company is a significant and often difficult job. One perk of that responsibility is sizable compensation for being a CEO. A new analysis from The Wall Street Journal revealed which CEOs heading up S&P 500 companies had the biggest pay packages in 2024.The Journal said its analysis looked at MyLogIQ data to rank a total of more than 400 CEOs who had been at the helm of S&P 500 companies […]

Treasury Secretary Scott Bessent on Sunday said that the U.S. government will never default on its debt as the federal government faces a looming deadline to address the debt limit this summer.Bessent appeared on CBS News' "Face the Nation" and was asked about the tax package that Republicans in Congress are advancing, which includes a $4 trillion increase in the debt limit – enough to push the debt ceiling out roughly […]

China has accused the U.S. of undermining the trade agreement between the two countries that was established during a Geneva meeting in May.The U.S. and China announced a 90-day détente that involved reduced tariffs last month, but less than a month later, both are accusing each other of running afoul of the deal.According to a translation of the Chinese Ministry of Commerce's website, a ministry spokesperson said that after the […]

Slim Jim will become a ring sponsor on "Monday Night Raw" as WWE announced the renewal of their partnership on Monday.WWE and Slim Jim reunited in 2023 and featured advertisements with wrestling superstars LA Knight and Bianca Belair. Knight even drove the Slim Jim car after he won the Slim Jim Battle Royal at SummerSlam in 2023. Slim Jim became the official meat snack of WWE at the time.CLICK HERE […]

Residents of Santa Monica, California, have been complaining and protesting the frequent noise-pollution from Waymo driverless cars.Waymo, a driverless ride-hailing company, is operating in multiple states across America. While the driverless electric cars with rotating sensors were initially viewed as a novelty, some residents have begun to complain that their charging lots generate near-constant noise."[T]o hear it from residents, the beeping never seems to stop, largely due to a state […]

The price of eggs has dropped just over 61% since President Donald Trump took office in January, after spiking to an all-time high in March. The most recent data from the U.S. Department of Agriculture (USDA) shows white, large shell eggs are now $2.52 per dozen nationally. On Jan. 21, that same carton of eggs would have run an American about $6.49, according to data website Trading Economics. Trading Economics shows eggs […]

"Mission: Impossible – The Final Reckoning" is the eighth (but not necessarily the last) film in the nearly 30-year-old franchise that began in 1996. Through Thursday, May 29, the latest release has brought in $91 million domestically and $136 million internationally for a worldwide gross of $227 million. The series is a departure from other big-budget franchises that rely heavily on advanced CGI techniques and the power of the brand to […]