Business

Republicans and Democrats remain far apart on what to do about Obamacare, with how to handle expiring subsidies being the main sticking point in talks to re-open the federal government. Back when former President Barack Obama signed the legislation into law in 2010, he promised it would "lower costs for families and for businesses and for the federal government, reducing our deficit by over $1T in the next two decades." DEMOCRATS BLAME […]

Tesla’s board chair has warned shareholders in a letter that failing to approve Elon Musk’s $1 trillion pay package could put the company at risk of losing its CEO and "significant value.""Do you want to retain Elon as Tesla’s CEO and motivate him to drive Tesla to become the leading provider of autonomous solutions and the most valuable company in the world?" board Chair Robyn Denholm said in a letter […]

A popular item sold at Costco has been recalled due to a potential child safety risk.Olympia Tools International Inc.'s Pack-N-Stroll Folding Utility Wagon "was not marketed for use by children" and "may be mis-used in that manner," a recall notice Costco sent Thursday to customers who purchased the item said.Despite the popularity of stroller wagons, this particular wagon "does not meet federal safety standards for use with children because there […]

The pipes are churning, and sand and water are flowing once again as America’s oil executives focus on increasing domestic supply and aim to bring prices to a "low point" in 2026."We're prepared for prices in '26 to be lower than they were in '25," Chevron CEO Mike Wirth said in an interview with FOX Business’ Maria Bartiromo — the first of four exclusive segments airing on "Mornings with Maria" […]

More than 2 million pounds of ready-to-eat Korean barbecue pork jerky product shipped to Costco and Sam's Club stores nationwide are being recalled over fears that it may be contaminated with pieces of metal, federal health officials warned.  South Dakota-based LSI Inc. recalled its jerky product, labeled Golden Island fire-grilled pork jerky Korean barbecue recipe, after multiple consumers reported finding wiry metal in the product, the U.S. Department of Agriculture’s […]

Neutrogena is recalling some of its popular makeup wipes due to possible bacterial contamination.The recall covers 1,312 cases of Neutrogena's "Makeup Remover Ultra-Soft Cleansing Towelettes" after testing revealed the presence of pluralibacter gergoviae, a bacterium known to cause infections in certain people, according to the U.S. Food and Drug Administration (FDA).The affected products were distributed to several states, including Texas, South Carolina, Georgia and Florida, and carry the lot number […]

Major airports across the U.S. issued ground stops or delays Sunday amid the ongoing federal government shutdown.Newark Liberty International Airport in New Jersey issued a ground delay Sunday afternoon until 12:59 a.m. local time the following day, with flights delayed around 82 minutes on average, according to the website for the Federal Aviation Administration (FAA).In Boston, a ground stop was issued until 4:30 p.m. local time at Logan International Airport […]

Hormel Foods is recalling nearly 5 million pounds of foodservice ready-to-eat frozen chicken products that may be "contaminated with pieces of metal," according to a Saturday announcement from the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS).The Austin, Minnesota–based company traced the contamination to metal fragments from a conveyor belt used during production, the agency said. The pieces varied in size, measuring roughly 2mm by 17mm, FSIS told […]

JPMorgan Chase officially opened its new $3 billion global headquarters in Midtown Manhattan, marking a major investment in New York City’s skyline. The opening comes as Wall Street leaders voice growing concerns about the city’s political direction and economic future."Two hundred fifty years ago, George Washington gave his inaugural speech in Manhattan. And for 250 years, New York City has survived," David Arena, global head of real estate at JPMorgan, […]