Business

The National Highway Traffic Safety Administration announced Tuesday that Ford is recalling more than 116,000 vehicles due to a potential fire risk linked to the engine block heater.The device, which helps warm the engine before starting in freezing temperatures, may crack and leak coolant if drivers use it by plugging it into an external power source, according to the recall report.Federal regulators warned that the defect could lead to a […]

Shoppers are being warned to avoid certain cans of Genova Yellowfin Tuna that were mistakenly sent to stores across nine states, even though the products were recalled last year.The products are linked to a recall issued in February 2025 by Tri-Union Seafoods, which discovered a manufacturing defect affecting the "easy open" pull-tab lids on some cans. The defect could cause the cans to "leak, or worse, be contaminated with Clostridium botulinum, […]

President Donald Trump on Monday floated the idea of slapping a 200% tariff on French wines and champagnes when asked about French President Emmanuel Macron declining to join the Board of Peace initiative focused on working toward and end to the Gaza conflict in the Middle East."What I'll do is if they feel… hostile, I'll put a 200% tariff on his wines and champagnes. And he'll join. But, he doesn't […]

Citadel CEO Ken Griffin sounded off on the impact of the Biden administration's regulatory policies on the U.S. economy, saying that the Trump administration's move to end the "regulatory onslaught" has been a relief to entrepreneurs wanting to grow their businesses.The billionaire co-founder of Citadel spoke at the World Economic Forum on Wednesday and said that the Biden administration's heavy-handed approach to regulation created constant friction for businesses like his firm."You cannot […]

It turns out that even billionaires can fall for scams.USA House — a primary venue for the Trump administration at the World Economic Forum in Davos — issued a warning on its website Tuesday that some attendees fell victim to scalpers selling fake VIP access packages to the event space."Caveat Billionaires, it has been brought to our attention that again this year external parties are selling ‘VIP access to USA […]

The European Parliament said it is halting work on proposed U.S.-EU trade measures on Wednesday after accusing Washington of undermining the sovereignty of Denmark and Greenland through tariff threats."Given the continued and escalating threats, including tariff threats, against Greenland and Denmark, and their European allies, we have been left with no alternative but to suspend work on the two Turnberry legislative proposals until the US decides to re-engage on a […]

Nvidia CEO Jensen Huang said the rapid expansion of artificial intelligence is setting off what he described as the "largest infrastructure buildout in human history," as companies and governments pour trillions of dollars into the computing power needed to run AI systems in real time.Speaking with FOX Business’ Maria Bartiromo from the World Economic Forum in Davos, Huang said the buildout will span data centers, chip factories and so-called "AI […]

In a wide-ranging interview, U.S. Secretary of Commerce Howard Lutnick clarified where the Trump administration stands on a number of issues — from Greenland to the importance of semiconductors and the government’s recent investment in a major tech company.Lutnick backed Treasury Secretary Scott Bessent's assertion that a potential acquisition of Greenland is critical to national security, adding from the World Economic Forum stage that the White House will press on […]

Rep. Thomas Massie, R-Ky., on Tuesday criticized President Donald Trump's administration for how it is using the oil seized from Venezuela earlier this month, saying the president cannot sell the oil for "his own piggy bank."Massie said the oil was "stolen" and that Trump cannot "legally create a second Treasury overseas for his own piggy bank.""Selling stolen oil and putting billions of dollars in a bank in Qatar to be […]