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Paramount refuses to back down in Warner Bros. Discovery takeover fight against Netflix

Business

Paramount refuses to back down in Warner Bros. Discovery takeover fight against Netflix

Paramount on Thursday continued to insist it made a superior offer for Warner Bros. Discovery, compared to that of Netflix, despite pushback from the WBD board of directors.Netflix agreed last year to acquire Warner Bros. Discovery's film and television studios and streaming platform, HBO Max, in a cash-and-stock deal valued at $27.75 per Warner Bros. Discovery share. Paramount, a Skydance Corporation, then launched a hostile takeover bid for all of Warner Bros. Discovery, including […]

todayJanuary 8, 2026

Venezuela’s rare earth minerals could reduce US dependence on China, expert says

Business

Venezuela’s rare earth minerals could reduce US dependence on China, expert says

The deposition of Venezuelan dictator Nicolás Maduro has sparked questions about the country’s future — and its vast natural resources. While many, including President Donald Trump, have focused on Venezuela’s oil as a potential benefit to the U.S., one expert says the country’s rare earth minerals may be getting overlooked."I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION barrels […]

todayJanuary 8, 2026

Trump signs order to block defense companies from buying back stock until arms production improves

Business

Trump signs order to block defense companies from buying back stock until arms production improves

President Donald Trump signed an executive order on Wednesday to block defense companies from paying dividends or buying back stock until they improve production and delivery performance."Effective immediately, they are not permitted in any way, shape, or form to pay dividends or buy back stock, until such time as they are able to produce a superior product, on time and on budget," the order reads.Trump and the Pentagon have criticized […]

todayJanuary 7, 2026 2

Treasury implementing Trump’s car loan interest tax break: ‘Putting money back in the pockets’

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Treasury implementing Trump’s car loan interest tax break: ‘Putting money back in the pockets’

The Treasury Department is implementing President Donald Trump’s No Tax on Car Loan Interest policy, a measure designed to lower costs for American families, Treasury Secretary Scott Bessent said Wednesday.The policy, enacted as part of Trump’s "big, beautiful bill," allows eligible taxpayers to deduct up to $10,000 a year in car loan interest on new, U.S.-assembled vehicles purchased between 2025 and 2028."Treasury is implementing President Trump’s No Tax on American […]

todayJanuary 7, 2026

Defense tech company head calls for turning Taiwan into a ‘prickly porcupine that nobody wants to step on’

Business

Defense tech company head calls for turning Taiwan into a ‘prickly porcupine that nobody wants to step on’

A U.S. defense tech company executive who has been personally sanctioned by China over his company's arm sales to Taiwan says he wears the ban as a badge of honor."It’s an award I’m very, very proud to win," Anduril founder Palmer Luckey told FOX Business anchor Liz Claman from CES 2026 in Las Vegas Wednesday.Just one week after Washington announced an arms-sale package valued at more than $10 billion to […]

todayJanuary 7, 2026 1

LARRY KUDLOW: Drill, baby, drill is throwing the communists out of the Western Hemisphere

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LARRY KUDLOW: Drill, baby, drill is throwing the communists out of the Western Hemisphere

President Trump is tightening the screws around the communist regime of Delcy Rodgriguez and her husband, and the rest of the Chavista state in Venezuela, by ordering them to turn over up to 50million barrels of sanctioned oil to the United States of America. The oil will be sold on the market, and the money will be controlled by Mr. Trump. I love that. He’s kind of like the landman […]

todayJanuary 7, 2026 1

Pilot who safely landed Alaska Airlines jet after door blowout says Boeing tried to make him a ‘scapegoat’

Business

Pilot who safely landed Alaska Airlines jet after door blowout says Boeing tried to make him a ‘scapegoat’

An Alaska Airlines pilot credited with safely landing a jet after a midair cabin panel blowout is reportedly suing Boeing, alleging the aircraft manufacturer attempted to shift blame for the incident onto him.Capt. Brandon Fisher filed the lawsuit on Dec. 30 in Oregon, seeking $10 million in damages. The complaint alleges Boeing tried to make Fisher a "scapegoat" in the aftermath of the emergency.The lawsuit stems from Alaska Airlines Flight […]

todayJanuary 7, 2026

Major retailers are fleeing another popular mall

Business

Major retailers are fleeing another popular mall

A sprawling Maryland mall, once filled with major retail stores, is rapidly losing tenants. Several tenants in the past month have announced plans to leave the Towson Town Center, which has been contending with growing crime issues. In November, four teens were arrested after a robbery and stabbing took place at the mall, according to reports.However, malls have been struggling for years as e-commerce and changing consumer behaviors have reshaped shopping […]

todayJanuary 7, 2026 3

Billionaires make strategic moves out of California ahead of proposed wealth tax

Business

Billionaires make strategic moves out of California ahead of proposed wealth tax

As the clock ticks on California’s billionaires facing a proposed wealth tax, some of America’s top business leaders are making strategic moves to leave the Golden State.Google co-founder Larry Page appears to be distancing himself from California, as public filings reviewed by Fox News Digital from the California Secretary of State’s office show several business entities linked to Page were moved out of the state in December, ahead of the […]

todayJanuary 7, 2026 1