Business

A Blackstone seasoning blend has been recalled due to a potential risk of salmonella contamination, according to the U.S. Food and Drug Administration (FDA).Blackstone Products of Providence, Utah, announced it was voluntarily recalling certain lots of its Parmesan Ranch seasoning products following the discovery that California Dairies, Inc. recalled dry milk powder due to potential salmonella contamination. The affected milk powder was supplied to a third-party manufacturer and used in the […]

Gen Z shoppers are helping fuel a new chapter for America’s malls as younger consumers increasingly favor in-person shopping experiences over simply filling online carts. Their spending habits are becoming a major focus for retailers and mall operators looking to adapt to changing consumer behavior.FOX Business’ Madison Alworth joined FOX Business’ Stuart Varney on "Varney & Co." to report on how malls are redesigning spaces and adding new experiences aimed […]

Amazon is facing a new class action lawsuit accusing the company of failing to refund tariff-related costs it passed on to consumers through higher prices in order to appease the Trump administration.Consumers allege in a proposed lawsuit filed in Seattle that the tech giant collected hundreds of millions of dollars in unlawful tariff costs by raising prices on imported goods before the U.S. Supreme Court ruled in February that President […]

New York City Mayor Zohran Mamdani said Friday he has attempted to meet with billionaire Citadel CEO Ken Griffin after the hedge fund executive blasted the mayor’s viral "Tax the Rich" video targeting him.Mamdani said a member of his team reached out to Griffin but had not received a response."We reached out to set up a meeting," Mamdani said Friday. "We're still waiting to hear.""That continues to be an open […]

An organic ice cream brand has recalled select flavors over the potential presence of metal fragments, according to the U.S. Food and Drug Administration (FDA).Straus Family Creamery, based in Northern California, voluntarily recalled a limited number of production runs of its Organic Super Premium Ice Cream on Wednesday after the company discovered the potential presence of foreign metal material, according to an FDA report published Friday.The recall impacts select pint […]

Honda Motor posted its first-ever annual loss this week since it was first listed on the stock market in 1957.The Japanese car company’s bet on electric vehicle sales left it with $9 billion in restructuring costs due to low demand and President Donald Trump’s "Made in America" policies."EV demand has declined considerably, due to the rollback of environmental regulations in the U.S. and other factors," Honda said in a statement.CEO Toshihiro […]

The price of gasoline is set to drop as the Organization of Petroleum Exporting Countries (OPEC) appears poised to collapse, experts predict. OPEC has long kept crude oil prices higher than they would otherwise be. If this pans out, it will be a major victory for the Trump administration, which is resetting global energy markets.The news of a probable end of the oil cartel also vindicates President Donald Trump, who […]

Coffee giant Starbucks is slashing about 300 U.S. support roles and closing some regional support offices."We are taking further action under the Back to Starbucks strategy, building on our strong business momentum and working to return the company to durable, profitable growth," a Starbucks spokesperson said in a statement to FOX Business."Leaders have taken a hard look at their respective functions to further sharpen focus, prioritize work, reduce complexity, and lower costs. As a result, we’re eliminating approximately 300 U.S. […]

President Donald Trump said that Chinese President Xi Jinping agreed to order 200 Boeing jets during their high-level meeting in Beijing.Speaking in an exclusive interview with Fox News host Sean Hannity, Trump described his talks with the Chinese leader as "very good" and said the aircraft commitment exceeded Boeing’s expectations."One thing [Xi] agreed to today: he's going to order 200 jets. That's a big thing. Boeing — 200 big ones. […]