Business

General Mills said Wednesday it will close three Missouri manufacturing plants as part of an ongoing effort by the food giant to strengthen the competitiveness of its supply chain.The plants that will close include a pizza crust manufacturing plant in St. Charles, along with two facilities in Joplin that were acquired through the company's $1.45 billion purchase of Whitebridge Pet Brands in 2024, General Mills spokesperson Mollie Wulff told FOX […]

Elon Musk's AI company, xAI, is expanding into video game development, seeking candidates with game design experience.On Thursday morning, Musk shared a post on X from the account @techdevnotes that read, "xAI is Hiring for Video Games," with Musk responding, "True."Musk signaled interest in game development last year, writing on X: "Too many game studios are owned by massive corporations. @xAI is going to start a new game studio to […]

BMW is recalling more than 145,000 vehicles in the U.S. over a starter defect that could overheat and spark a fire, the National Highway Traffic Safety Administration (NHTSA) announced. The latest recall comes just days after nearly 200,000 cars were recalled for a similar issue.The NHTSA warned that engine protection material near an overheated starter could ignite. The new notice was publicized on Wednesday, Reuters reported."After repeated attempts, the starter motor […]

Mortgage rates rose this week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage increased to 6.34% from last week's reading of 6.3%. The average rate on a 30-year loan was 6.12% a year ago.NEARLY 1 IN 5 AMERICAN HOMES SLASH PRICES AS BUYERS GAIN UPPER HAND IN SHIFTING MARKET"The 30-year fixed-rate mortgage increased again this […]

Maxwell House is changing its name for the first time in its 133-year history.The coffee brand, owned by Kraft Heinz, will temporarily be renamed "Maxwell Apartment," a move it said it made "to meet the needs of today's consumer.""In a time where value matters now more than ever, Americans seek value in areas of their everyday, including where they live," Kraft Heinz said in a press release.THAT LATTE OR CAPPUCCINO […]

Elon Musk on Wednesday reportedly became the first person in history with a net worth of $500 billion.The Tesla and SpaceX CEO’s fortune crossed the half-trillion mark around 3:30 p.m. ET, putting him about $150 billion ahead of Oracle co-founder Larry Ellison, the world’s second-richest person, Forbes reported.Musk’s wealth has skyrocketed from $24.6 billion in March 2020 to a series of milestones: $100 billion by late 2020, $200 billion in […]

The Screen Actors Guild–American Federation of Television and Radio Artists (SAG-AFTRA) condemned the creation of actress "Tilly Norwood" through artificial intelligence in a statement Tuesday.Tilly Norwood was first introduced by Xicoia, the artificial intelligence division of the production company Particle6, in July after being featured in a comedy sketch, "AI Commissioner."  The company’s founder, Eline Van der Velden, gave a presentation on Norwood at the Zurich Film Festival on Saturday, […]

Amazon announced Wednesday the launch of Amazon Grocery, a new private-label brand that merges popular items from Amazon Fresh and Happy Belly into one "grocery essentials" collection.The retail giant's new brand features more than 1,000 grocery items, ranging from milk and olive oil to produce, meat and seafood, with most products priced under $5. The launch comes "during a time when consumers are particularly price-conscious," according to Jason Buechel, vice […]

New York City’s suburban housing markets are reportedly seeing a surge in demand as the mayoral race heads toward the Nov. 4 election, with Democratic Socialist Zohran Mamdani leading in the polls.Mamdani's housing platform — which includes a rent freeze and higher taxes on top earners — reportedly has some New Yorkers turning to the suburbs. Zach and Heather Harrison, real estate agents in the affluent Westchester County, said calls […]