Business

Philanthropist, financier and innovator Michael Milken is redefining the American Dream as something deeper than financial success."What is essential to the American Dream?" Milken asked in an exclusive interview on "Mornings with Maria" Friday. "Freedom to live your life is essential. And when you ask what is not essential? Personal wealth.""Wealth doesn't bring happiness," he reiterated, recalling the story of a man who found his dream not on Wall Street […]

The owner of Steak ‘n Shake is trying to pressure Cracker Barrel’s board into overhauling its leadership, which they claim destroyed shareholder value. Sardar Biglari, founder of Biglari Capital Corporation, which owns 2.9% of all the Cracker Barrel Old Country Store's common stock, is leading a proxy battle at Cracker Barrel, urging shareholders to vote against the re-election of CEO Julie Masino and director and Compensation Committee Chair Gilbert Dávila, according […]

A new suite of exchange-traded funds dedicated to American business is in the pipeline and backed by Trump Media and Technology Group. The funds, also known as "Truth Social Funds," will span domestic icons, security and defense, next frontiers, energy and real estate investment funds in red states, according to the company."It became clear there are many patriotic investors who want a good return on their investment while investing in a […]

Democratic Sen. Mazie Hirono of Hawaii spoke out against the Trump administration's tariffs on Thursday, declaring that small businesses "are taking it in the neck with these tariffs," and then stood firmly behind her comment after Small Business Administration Administrator Kelly Loeffler accused her of "calculated, violent rhetoric.""This disgraceful comment is shocking even by your own low standards, @MazieHirono. Fair trade isn’t the problem - your calculated, violent rhetoric is. […]

The indefinite suspension of Jimmy Kimmel's late-night show, which has been a staple on ABC for more than two decades, may have both short and long-term effects on the network's advertising revenue.Pulled from the air on Wednesday, "Jimmy Kimmel Live!" has aired since 2003, first at 12:05am, and moving to 11:35 pm, putting it in direct competition with Jay Leno and David Letterman. It has been a reliable platform for […]

Mark Zuckerberg’s much-anticipated demo of Meta’s new AI glasses tanked Wednesday at the Connect 2025 keynote, with glitches playing out in front of a packed audience.The device, called Meta Ray-Ban Display is priced at $799 and has been pitched as a breakthrough in wearable "agentic AI" with digital assistants that act on behalf of users. But Zuckerberg's two demo fails left Meta’s new glasses looking slightly less polished in front of […]

Senior executives at Disney made the decision to pull Jimmy Kimmel's late-night show off the air following his remarks about the assassination of conservative activist Charlie Kirk.Disney CEO Bob Iger, along with Disney Entertainment co-chair Dana Walden were behind the decision to suspend ABC's "Jimmy Kimmel Live!" indefinitely after the late-night host’s remarks about Kirk's death, sources confirmed to FOX Business on Thursday."‘Jimmy Kimmel Live!’ will be preempted indefinitely," a […]

Darden Restaurants is experimenting with smaller servings at Olive Garden, testing out a "Lighter Portion Entrées" menu across 40% of its locations, the company announced in its quarterly earnings call on Thursday.The new menu section, which offers smaller portions and a reduced price on seven of its existing entrées, is an additional option for guests and is "not replacing anything" on the Italian-American restaurant chain's menu, a spokesperson for Darden […]

ABC sidelined late-night talk show host Jimmy Kimmel over his controversial comments about the assassination of conservative activist Charlie Kirk after Nexstar Media Group said it would preempt Kimmel's show.A spokesperson for ABC, which is owned by Disney, said in a statement on Wednesday that "Jimmy Kimmel Live will be preempted indefinitely," following an announcement by one of its major broadcasting partners that it would stop airing Kimmel's show.Nexstar, the owner […]