A former business partner of Hunter Biden testified that the president’s son used the Biden “brand” to his advantage while working for Ukrainian energy company Burisma, according to lawmakers who were present during Monday’s closed-door questioning. Devon Archer, 49, answered questions for about four hours during a transcribed interview before […]
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SANTA CLARA, Calif., Aug. 01, 2023 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announced revenue for the second quarter of 2023 of $5.4 billion, gross margin of 46%, operating loss of $20 million, net income of $27 million and diluted earnings per […]
Anheuser-Busch, the parent company of Bud Light, announced it will lay off 350 employees, many of them in corporate positions, as it seeks to recover from the fallout over a campaign involving a trans influencer. In a statement, the company said the layoffs would affect less than 2% of its […]
UPS and the Teamsters union reached a tentative agreement for a new five-year contract covering 340,000 workers at the country’s largest package carrier Tuesday, six days before a threatened strike that risked snarling deliveries across the country. Union leaders announced the deal at midday, hours after they resumed negotiations following […]
The Federal Reserve announced Wednesday it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years, as it continues to fight persistent inflation in the U.S. economy. Though consumer prices have declined for 12 straight months, in June, consumer prices increased […]
New York CNN — The Dow slipped on Thursday, snapping a 13-day winning streak. The blue-chip index fell 237 points after being on track to close higher for a 14th consecutive session. That would have marked the Dow’s longest run of consecutive gains since May 1897. If the Dow had […]
Get past the irony of Britney Spears telling people to “Mind Your Business” and sink into the latest contender for song of the summer. Spears, who has become the queen of offbeat and revealing Instagram posts, has paired with Will.i.am for the club thumper, which arrived Friday after being announced […]
NEW YORK — With another tick higher Wednesday, Wall Street added to its big rally for the year following profit reports from a spate of banks and other big U.S. companies. The S&P 500 rose 10.74, or 0.2%, to 4,565.72. After its seventh gain in the last eight days, it’s […]
KCRA Today: Oregon wildfire smoke impacts CA, break-ins at Sacramento business, winning Powerball ticket sold in Tahoe Updated: 6:58 AM PDT Jul 21, 2023 Hide Transcript Show Transcript SILICON VALLEY TECH GIANTS AND THE WHITE HOUSE. GOOD MORNING. IT’S FRIDAY. I’M DEIRDRE FITZPATRICK AND I’M MIKE CHERRY, IN FOR TEO […]
NEW YORK — Wall Street closed out another winning week with a quiet Friday, as stocks found some stability after sliding the day before. The S&P 500 edged up by 1.47, or less than 0.1%, to 4,536.34 to cap its eighth winning week in the last 10. The Dow Jones […]
Fran Drescher with SAG-AFTRA members at a SAG-AFTRA news conference today. CNN SAG-AFTRA President Fran Drescher said that the 160,000 actors who will be on strike starting Friday are fighting for bigger issues, against things like jobs being replaced by artificial intelligence and corporate greed. “This is a moment of […]
Disney CEO Bob Iger (DIS) said Thursday he would take an “expansive” look at the entertainment giant’s traditional TV assets, signaling the potential for strategic options that could include a sale. The problem? Analysts have questioned who a potential buyer would be given the secular declines in linear television networks […]
New York CNN — Republicans are escalating their legal threats against Target, pressuring the company to remove merchandise for transgender customers and backtrack on its initiatives to hire minorities and diversify vendors. In singling out Target, GOP lawmakers and right-wing social media personalities are sending a larger warning to corporate […]
Pennsylvania Rep. Dan Meuser and Fox News contributor Liz Peek forecast the consequences of President Biden’s student loan handouts on ‘The Evening Edit.’ The U.S. Department of Education announced Friday it “will begin notifying more than 804,000 borrowers that they have a total of $39 billion in Federal student loans […]
Los Angeles CNN — Long lines and jam-packed crowds tend to go hand in hand at Central Florida’s world-famous theme parks during the summer months, but Walt Disney World and Universal Orlando parkgoers may be in for a reprieve this season. Wait times for rides and attractions at both resorts […]
Check out what’s clicking on FoxBusiness.com Google CEO Sundar Pichai sounded the alarm about the dangers of using AI to create fake videos of public figures, a task he says will soon be “easy.” Pichai made the comments during a conversation with CBS’ “60 Minutes,” telling interviewer Scott Pelley that […]
Berlin/London CNN — Rheinmetall will open an armored vehicle plant in Ukraine within the next 12 weeks, shrugging off concerns other Western defense companies reportedly have about building a presence in the country while it is at war with Russia. Germany’s biggest arms maker will also train Ukrainians to maintain […]
Whether you’re contemplating buying or selling a house these days, it’s likely you’re a baby boomer — or are financially supported by one. At $436,800, the median home sale price in the U.S. remains significantly higher than the $329,000 average price seen in the quarter just before the late winter […]
New York CNN — To undercut its fast-growing rivals, Subway is making a big change to its meats. The chain’s roughly 20,000 US locations will freshly slice their deli meat beginning Wednesday, marking Subway’s biggest change since two years ago, when it began refreshing its menu offerings, ingredients and restaurant […]
Fox News Digital automotive editor Gary Gastelu joins ‘Varney & Co.’ to discuss Rivian Automotive beginning delivery of its R1S electric SUV. Rivian shares continued their upward climb Wednesday to a new high after Amazon announced it was taking the auto company’s technology to Europe. Over the last five […]