Business

A U.S. safety agency has opened an investigation into Waymo, after its autonomous vehicles were allegedly caught driving past stopped school buses in Austin, Texas, according to a letter sent by the National Highway Traffic Safety Administration (NHTSA) to the company on Dec. 3.In a statement to FOX Business, Austin Independent School District (AISD) police said Waymo self-driving vehicles have been cited 20 times as of Monday, and that the […]

Texas Lt. Gov. Dan Patrick, a Republican, proposed a state program to give every baby born in the Lone Star State $1,000 invested in the stock market, an idea he said was inspired by a federal plan created as part of President Donald Trump’s spending bill earlier this year."If I see a great idea from the President that helps Texans, my first question is always, 'why not do it in […]

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday.The shift follows reports that Meta could slash as much as 30% from its metaverse group, an area CEO Mark Zuckerberg has previously touted as the company’s future.While the tech giant did not confirm specific figures, the company said adjustments would take place within Reality Labs, its division responsible […]

Dollar General announced Thursday it will open hundreds of new U.S. stores in 2026 as the discount retailer continues to expand its footprint, particularly in rural markets.During the company's third-quarter 2025 earnings call, the Tennessee-based retailer said it is planning to open roughly 450 new U.S. stores, along with about 10 new stores in Mexico, as well as around 20 relocations and 4,250 store remodels."Our first priority is investing in […]

OpenAI CEO Sam Altman is looking to build, fund or buy a rocket company to possibly compete in the space race against longtime rival Elon Musk, according to reports.The Wall Street Journal reported Thursday that Altman has been exploring buying or partnering with an existing rocket launch provider with funding.The report suggested Altman's goal is supporting space-based data centers to power the next generation of artificial intelligence systems.WHAT AI'S INSATIABLE […]

American Eagle stock jumped on Wednesday after the retailer boosted its sales forecast as the apparel company continued to see traffic increase following its viral Sydney Sweeney jeans campaign.The company's stock is up 136% over the past six months, with a roughly 50% gain in the last month and 19% rise in the last five days. That run was spurred by the release of American Eagle's "Great Jeans" ad in July […]

Farmers Insurance eliminated the cap on the number of homeowners insurance policies it offers in California, marking a significant step for a state that has been working to stabilize and rebuild its private insurance market for years. The insurance company announced last week that it removed its previous cap of 9,500 new policies per month due to expectations that there will be an improved homeowners insurance market in the state under […]

Tourists looking to stay overnight at hotels on the Grand Canyon's South Rim are out of luck, as authorities say a "series of significant breaks" in a 12.5 mile-long water pipe forced hotels to close.The National Park Service said the closures will begin on Dec. 6 and noted that there is no water being pumped into the South Rim because of the breaks in the Transcanyon Waterline, which supplies water […]

The CEO of Ford Motor Co. is revved up for the Trump administration's plan to make automobiles affordable, as he expressed his praise for helping to bring car prices back down."What you should know is that this is a victory for affordability and common sense. As the president said, we will be able to offer more affordability on our popular models, and we'll be able to launch new vehicles built […]