Business

Nuclear energy, left for dead over the past thirty years or so, is back. "There has been a huge policy shift globally and there is now bipartisan support for nuclear, and we need it," Jan VanEck, CEO of the firm that bears his name, told FOX Business’ Liz Claman. The rise of artificial intelligence and the increasing popularity of cryptocurrency will continue to push electricity consumption to record highs in 2025 and […]

Amazon Prime's free shipping perk will be restricted to household members only starting next month as the shopping juggernaut phases out the "Prime Invitee program."The program, which allowed Amazon Prime members to share their shipping benefits with people outside their household that didn't have a membership, will end on Oct. 1, according to the company's website. An Amazon spokesperson confirmed to FOX Business that it is ending the Invitee program, which […]

Constellation Brands lowered its outlook for its current fiscal year as consumer demand for beer weakened, particularly for high-end beer purchases, amid a "challenging" economic climate.Constellation, which is the U.S. importer of Corona and Modelo, revised its net sales forecast for beer downward to a decline of 2% to 4%, after its prior outlook showed growth being flat to positive in the 0% to 3% range. It cited incremental macroeconomic headwinds […]

Fast-food giant McDonald's is doubling down on its value deals to capture budget-conscious shoppers.   The "Golden Arches" announced on Tuesday that it is bringing back Extra Value Meals, which haven't been on the menus since 2019, as a menu category. The company said it will offer eight meal bundles at breakfast, lunch, and dinner, each costing 15% less than buying the items separately.MCDONALD'S CEO: CALIFORNIA MINIMUM WAGE HIKE DRIVING LABOR INFLATIONThe […]

Philadelphia Eagles opponents tried to get their infamous "tush push" barred from the gridiron, but to no avail.Not only has the play contributed to the team's on-field success, but it is now providing a perfect match off the field as well.DUDE Wipes announced on Tuesday that it is the lead sponsor of the play, and the partnership will kick off on Thursday as the team opens the NFL season against […]

Jaguar Land Rover said its retail and production activities were "severely disrupted" after the company was attacked by a ransomware group. The U.K.-based automaker, owned by India's Tata Motors, said in a statement Tuesday that it "took immediate action to mitigate its impact by proactively shutting down" its systems after being impacted by a cyber incident. The company said there isn’t any evidence to date that customer data was stolen, and it is […]

Treasury Secretary Scott Bessent on Monday said that the Trump administration is mulling the declaration of a national housing emergency in an effort to address high housing prices and limited inventory."We may declare a national housing emergency in the fall," Bessent told the Washington Examiner in a Labor Day interview. Bessent reiterated that interest rate cuts by the Federal Reserve would be helpful for bringing housing prices lower, but also acknowledged in the interview […]

Nestlé S.A., based in Switzerland, has appointed a new CEO after its former leader was ousted over an inappropriate workplace relationship less than a year into the role.The company said Laurent Freixe was removed following an investigation into a romantic relationship with a direct subordinate that violated Nestlé’s Code of Business Conduct. Freixe is leaving the company without an exit package.Chairman Paul Bulcke and Lead Independent Director Pablo Isla oversaw […]

Tiny fish-shaped soy sauce bottles are the latest casualty in Australia’s fight against waste, outlawed by single-use plastic laws that took effect on Monday.In its "Replace the Waste" guidance, South Australia’s government said the rules target single-serve soy sauce containers under 30 milliliters, most often shaped like fish but sometimes pigs, rectangles or other novelty designs.The ban applies to all rigid plastic condiment containers with lids under that size, commonly […]