Business

Commercial aviation is running two clocks at once. On one hand, Boeing and Airbus are effectively sold out for the better part of a decade. On the other hand, airlines need to put passengers in seats this summer. The gap between the two — between the planes the world has ordered and the planes it can actually fly - has become one of the most consequential stories in the global […]

Apple and buy now, pay later (BNPL) payment provider Klarna are joining forces to offer customers the option to lease a new Apple device in the U.S.The tech giant announced the program, called Apple Upgrade, on Tuesday, and said that customers will be able to lease eligible iPhone, iPad, Mac and Apple Watch devices.Apple Upgrade offers 12- and 24-month leasing options for iPhone and Apple Watch, and 24- and 36-month […]

President Donald Trump defended his administration’s tariffs on Tuesday ahead of November’s midterm elections, telling "Fox & Friends" in an interview that they are bringing "a fortune" into the United States. Trump made the remark as his administration is set to impose new tariffs of 10% and 12.5% on imports from 60 trading partners beginning Friday as a temporary global tariff expires. "Are you worried that the tariffs that you put forward […]

Johnson & Johnson (J&J) on Monday said it reached a settlement that it would pay an estimated $5.5 billion to settle tens of thousands of lawsuits alleging its baby powder and talc products cause ovarian cancer, which could end years of litigation on the subject.The company said the proposed settlement would cover about 76,000 claims – including those that have been consolidated in federal court in New Jersey and related […]

Mercedes-Benz faces a potential ban on selling connected vehicles in the U.S. under legislation targeting automakers with significant ownership ties to China.The Senate Commerce Committee advanced a measure last week that would bar the sale of connected vehicles in the U.S. by companies with more than 15% ownership by Chinese entities, potentially affecting German automaker Mercedes-Benz, in which two Chinese investors hold stakes totaling nearly 20%.Sens. Elissa Slotkin, D-Mich., and Bernie Moreno, R-Ohio, sponsored […]

Recovery is paramount for any athlete to be great at their craft, but Nike and Hyperice created yet another footwear innovation designed to help those hard-working athletes unwind from the ground up. This time, it’s with a slip-on slide. The Nike Air Zoom Hyperslide was introduced on Monday as the latest innovation developed in partnership with Hyperice, the health technology company that designs products specifically for recovery. CLICK HERE FOR MORE SPORTS COVERAGE […]

A Trump administration official is touting the recently launched Trump Accounts as a means to boost young Americans' financial literacy and appreciation for capitalism by giving them experience that draws them away from "poisonous ideologies" such as socialism.Comptroller of the Currency Jonathan Gould spoke at a planning meeting for the Financial Literacy and Education Commission on Tuesday and said in remarks reviewed exclusively by FOX Business that Trump Accounts can help […]

Since early June, Wall Street's major stock indexes have all rallied to fresh record highs. While artificial intelligence (AI) is the trend behind this surge in stock valuations, it's the "Magnificent Seven" that have done most of the heavy lifting.These are some of Wall Street's most influential businesses, and they're all, to some degree or another, dependent on the AI revolution for their future growth prospects. They're also companies with […]

Rob Gronkowski, the card collector?The New England Patriots legend said he has been in the "collecting game" since he was a kid and is diving back in as the hobby has surged in popularity once again."That's when collecting trading cards was huge," Gronkowski told FOX Business. "That was at its peak and then it kind of dipped a little bit, and now it's at its super peak."CLICK HERE FOR MORE […]