Business

Elon Musk’s artificial intelligence company xAI has acquired the tech billionaire’s social media platform X in a blockbuster deal that values X at $33 billion.The Tesla and SpaceX CEO made the announcement on the social media platform on Friday and said the deal was an all-stock transaction that will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.He said the combination values xAI at […]

The tariff wars continued to snowball this week after President Donald Trump said he would impose a 25% tariff on all imported automobiles and parts, on top of the existing tariffs already in place on the European Union, Canada, Mexico and China.International leaders pushing back on the tariffs have repeatedly warned it will be not only be citizens in their nations that will pay the price, but American consumers, workers […]

President Donald Trump’s recently announced auto tariffs could potentially be a boon for rental car companies. Hertz on Thursday saw its stock price post a jump of over 20%, and another rental car company, Avis, posted a double-digit increase the same day. The jumps that those rental car companies experienced Thursday came the day after the president revealed he was imposing a new 25% auto import tariff in early April.PRESIDENT DONALD TRUMP […]

Elon Musk and members of his Department of Government Efficiency (DOGE) discussed efforts by bad actors to defraud Social Security in an interview on Thursday.Musk and several members of DOGE appeared on Fox News' "Special Report with Bret Baier" and told host Bret Baier that a significant proportion of the daily calls that Social Security fields are from people trying to change legitimate recipients' direct deposit destinations in an effort […]

Nikola founder Trevor Milton announced Thursday on social media that he had been fully pardoned by President Donald Trump."Today I was issued a full and unconditional pardon by @realdonaldtrump himself. He called me personally to tell me," Milton noted.The Associated Press reported that the White House confirmed on Friday that the president had pardoned Milton. Fox News Digital reached out to the White House on Friday but did not receive a […]

Airbnb co-founder Joe Gebbia, who has taken a role in the Elon Musk-led Department of Government Efficiency (DOGE), is aiming to digitize the government's retirement process, calling the current system an "injustice to civil servants.""This will be an online digital process that will take just a few days at most… it's an injustice to civil servants who are subjected to these processes," Gebbia said during an exclusive sit-down interview with […]

Amazon is reportedly planning to extend its two-day shopping bonanza this year.The Amazon Services team, according to multiple reports, sent a message to independent sellers, which account for more than half of Amazon's sales, that "two days just wasn't long enough" for its Prime Day in 2025. This year will mark the 10th anniversary of the event.The shopping event could be extended to up to four days, allowing the company […]

KB Home on Thursday unveiled its first wildfire-resilient neighborhood in Southern California, marking one of the many solutions the homebuilding industry is working on to protect structures and communities from the devastating effects of natural disasters.KB Home, one of the largest homebuilders in the U.S., announced that KB Home’s Dixon Trail community in Escondido, California, is the first in the nation that meets the home- and neighborhood-level wildfire resilience standards […]

Chili’s is launching a location near Scranton, Pennsylvania, that will appeal to both Chili’s and "The Office" fans alike.The Brinker International-owned chain is set to start serving guests at the "Scranton Branch" restaurant that Chili’s said was designed to "pay homage to some of Chili’s most notable on-screen moments, with throwback nods and decor" come April 7. According to Chili’s, the "Scranton Branch" comes "nearly 20 years after cementing a spot in […]