Business

As Orlando celebrates 150 years of history, its mayor is looking forward to its future as a destination known for more than just theme parks."We are much, much more than just tourism," Orlando Mayor Buddy Dyer told FOX Business, adding that, over the last 20 years, the goal of the City Beautiful has been focused on diversifying the economy and adding high-quality jobs. "So we're always looking to add to our […]

Cary Grant's Los Angeles home is looking for a new owner.The Hollywood legend purchased the Beverly Hills home prior to meeting his wife, Barbara Harris, in the 1970s. As she told the Wall Street Journal, "the design was already in process" when they met.Harris and Grant went on to tie the knot in 1981 and lived in the home together until his death in 1986. Years after his death, Harris […]

A Miami jury Friday found Tesla partly liable for a 2019 fatal crash involving its Autopilot system, ordering the automaker to pay more than $242 million in damages to the victims. The family of Naibel Benavides Leon and her former boyfriend, Dillon Angulo, were awarded $329 million in total damages — $129 million in compensatory damages and $200 million in punitive damages, Reuters reported, citing the verdict sheet.Jurors in Miami federal court […]

Members of Cincinnati’s restaurant and hospitality industry issued a statement following a violent brawl that went viral on social media last week. The statement was signed by 15 owners of multiple establishments, including Skyline Chili, the iconic Cincinnati-based chain."As members of Cincinnati’s restaurant and hospitality industry, we are heartbroken and outraged by the recent violent incident that occurred in our downtown core. The video circulating from that night is disturbing, and […]

Senate Banking Committee Chairman Tim Scott, R-S.C., outlined why banking regulators are the root of the issue when it comes to shutting down American bank accounts, also known as de-banking, because regulators "just don't like them."Banking regulators operate under an "alphabet soup" of federal agencies, and sources on Wall Street told Fox News Digital that when a regulator speaks, whether couched as a rule, guidance, or even a simple conversation, banks have […]

McDonald's is shaking things up later this summer with new drink options, including cold brews and refreshers, hitting menus at more than 500 of its U.S. restaurants.The upcoming lineup — which is part of a market test — takes inspiration from the chain's spinoff restaurant CosMc's, which primarily focused on specialty drinks. The fast-food giant announced in May it was closing all the CosMc's locations while signaling some of the […]

Nicole Kidman and Keith Urban are among the many Hollywood stars flocking to Portugal.According to the local Portuguese media outlet SIC Notícias, the Academy Award-winning actress has applied for residency in the country, with plans to spend much more time there. She was also reportedly spotted stepping off a private jet in the wealthy town of Cascais, and she is said to be house-hunting.The local outlet reports the couple is […]

General Motors Corvette line has been crowned the fastest car by an American manufacturer on Germany's world-famous Nürburgring racetrack. Notably, the Chevrolet Corvette Z06, ZR1, and ZR1X achieved record lap times on the 12.9-mile Nordschleife circuit with three non-professional drivers behind the wheel. While they aren't professional race car drivers by trade, these engineers helped develop the vehicles themselves and hold extensive driving experience along with advanced performance credentials.Engineer Drew Cattell now […]

Federal Reserve Governors Michelle Bowman and Christopher Waller on Friday released statements outlining why they supported an interest rate cut at this week's meeting. It marked the first time in more than 30 years that two Fed governors dissented from a decision about rates. The last time was in 1993.Bowman and Waller on Wednesday dissented from the Federal Open Market Committee's (FOMC) 9-2 vote to hold the Fed's benchmark federal […]