Business

Avril Lavigne's former Los Angeles home is looking for its new owner.The "Complicated" singer's former home in Sherman Oaks, which she shared with her ex-husband, Nickleback singer Chad Kroeger, is on the market for $14.9 million, in partnership with listing agents James Harris, David Parnes and Kris Everett at Bond Street Partners.After Lavigne and Kroeger sold the home, it was completely renovated in 2020 and now includes more than 10,000 […]

IndyCar drivers will be racing to the checkered flag Sunday afternoon when Indianapolis Motor Speedway hosts the Indianapolis 500.This year’s Indy 500 will mark the 109th running of the race often referred to as "The Greatest Spectacle in Racing," with some 350,000 people expected to attend. The 33 drivers will be vying for first place to claim the winner’s share of a purse that could reach $20 million. All the drivers […]

The Justice Department on Friday said it had struck a tentative deal with Boeing to allow the company to avoid criminal prosecution for allegedly misleading regulators about the company's 737 Max plane before two crashes that killed 346 people.The deal still needs to be finalized, but Boeing would pay out $1.1 billion, including $445 million to a fund for the crash victims’ families, the Justice Department said in court documents. In […]

More consumers in today's economic environment are financing basic necessities like food through buy now, pay later financing options. It's a reality that highlights "how bifurcated the health of the consumer is today," according to Arun Sundaram, vice president and senior equity analyst at CFRA Research.Today, a growing number of buy now, pay later users are utilizing these short-term loans to purchase groceries. Data from an April LendingTree's report shows that […]

A federal judge rejected an emergency lawsuit this week aimed at stopping President Donald Trump's sweeping tariffs from taking force, punting the case to the U.S. Court of International Trade for further review. U.S. District Judge T. Kent Wetherell II rejected a Florida-based stationary company’s emergency motion to stay their challenge to Trump’s tariffs, agreeing that the case should be heard by the U.S. Court of International Trade, noting that it "makes […]

Nike will return to selling apparel and shoes on the Amazon platform in the U.S.The athleticwear company told FOX Business it was "investing in our marketplace to ensure we’re offering the right products, best services, and tailored experiences to consumers wherever and however they choose to shop."That effort, Nike said, includes "expanding to new digital accounts," such as Amazon in the U.S., as well as "new physical partners like Printemps, […]

President Donald Trump on Friday threatened a tariff on Apple for iPhones not made in the U.S., putting pressure on the tech giant to return manufacturing to America.Analysts said making iPhones entirely in the U.S. would take years to shift production and more than double the cost for American consumers.Wedbush Securities analyst Dan Ives said that shifting production to the U.S. would take five to 10 years and drive-up costs […]

Toyota is recalling more than 443,000 Tundra and Tundra Hybrid trucks over a fault in their reverse lights that could make them stop working.The automaker said in a report to the National Highway Traffic Safety Administration (NHTSA) that the multi-layer vent patch in the reverse light assemblies of the recalled 2022-2025 model year Tundra and Tundra Hybrid trucks "may separate over time due to thermal cycling, compromising the adhesive and allowing […]

U.S. Treasury Secretary Scott Bessent says President Donald Trump is trying to "light a fire" under the European Union (EU) and tech giant Apple, to ensure America is bringing back production dominance."I would hope that this would light a fire under the EU, because... I've said before, [the] EU has a collective action problem here. It's 27 countries, but they're being represented by this one group in Brussels. So some […]