Business news

• Inside the mind of 'self-taught' millionaire Shawn Meaike: 'I wasn't trying to live broke'

  16-03-2024 22:00 via foxbusiness.com
  
  Serial entrepreneur Shawn Meaike is worth "in excess of nine figures," and credits his success partly to distancing himself from his family’s liberal beliefs after noticing that successful people had a different world view. The 51-year-old grew up broke, living in subsidized housing in Connecticut with a dedicated single mother. He respected his mom, but wanted to create a better life than the one she was living. "I told my mom one day, I'm like, ‘Mom, I love you with all m
  
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• Social media giant Meta under investigation for alleged drug sales on its platforms: WSJ

  16-03-2024 17:16 via foxbusiness.com
  
  Tech giant Meta and its various social media subsidiaries are under investigation regarding their use as a platform for drug sales.Meta — the tech company that owns Facebook and Instagram — is being investigated by federal authorities who are looking into whether the tech giant is willfully facilitating or profiting off drug sales on its platforms, according to The Wall Street Journal.The outlet reports federal authorities in Virginia have already pressed Meta for company records reg
  
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• Lottery winner claims colossal $1.765B Powerball ticket from October

  16-03-2024 16:01 via foxbusiness.com
  
  The Golden State with the golden ticket.The California Lottery has revealed that a person has come forward to claim the massive $1.765 billion Powerball jackpot win from October – the second-largest jackpot prize in history.Theodorus Struyck was named as the representative of a group of winners that purchased the winning ticket at a store in Frazier Park in Kern County ahead of the Oct. 11 draw. The mountain town has a population of about 3,000 people.ILLINOIS MOTHER WINS $1.4 MILLION LOTT
  
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• Tyson Foods hoping to hire thousands of migrants for labor-manufacturing jobs: report

  16-03-2024 15:55 via foxbusiness.com
  
  Tyson Foods says it's eager to hire morethan 40,000 asylum-seekers and migrants arriving in the United States, according to a report from Bloomberg.The multinational food conglomerate is allegedly hoping to hire personnel from the massive influx of migrants coming into the country from South and Central America."They’re very, very loyal," Tyson human resources leader Garrett Dolan said in a statement to the outlet. "They’ve been uprooted and what they want is stability — what t
  
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• What is the Nike Membership program? Exclusive rewards, products, more

  16-03-2024 15:41 via foxbusiness.com
  
  Headquartered in the heart of suburban Portland, Oregon, Nike is one of the world's largest athletic wear companies. Its membership loyalty program also offers regular customers a host of benefits and exclusive products, opportunities to order custom apparel, and more.Nike touts a wide variety of perks for its prospective members, including access to exclusive merchandise (some purchases require a member sign-in) as well as a rewards program and opportunities to order custom products."As a Membe
  
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• Cocktails ready-to-drink? Jameson Whiskey parent CEO says they are here to stay

  16-03-2024 14:00 via foxbusiness.com
  
  Spirit-based ready-to-drink cocktails aren't just a passing fad, according to the CEO of Jameson Whiskey's parent company. Conor McQuaid, who sits at the helm of Pernod Ricard North America, said that while products like hard seltzer have disrupted the market, spirit-based cocktails will be more of a mainstay for consumers as the industry invests more in the product. Pernod Ricard has a wide-ranging portfolio of wines, champagnes and spirits, including Malibu, Absolut Vodka, Glenlivet,
  
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• Nation’s biggest builders are making houses smaller in shift toward affordable housing: Report

  16-03-2024 13:23 via foxbusiness.com
  
  A new report from The Washington Post detailed how the U.S. is experiencing a "boom in smaller construction" as some of the nation’s most "powerful home builders" are making new homes that are smaller than they used to be. The piece cited census data detailing this shrink, which puts the median new home built today at 2,179 square feet – 4% smaller than they were last year. The Post noted this was the "lowest reading since 2010."  According to U.S. census bureau data c
  
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• St. Patrick's Day: which states dominate with Irish Americans?

  16-03-2024 13:00 via foxbusiness.com
  
  Many people are getting into the St. Patrick’s Day spirit with the holiday just a day away.Those turning out for the festivities over the course of the weekend likely include many of the 30.7 million U.S. residents across the country who reported having Irish ancestry.CLICK HERE TO READ MORE ON FOX BUSINESSData from the Census Bureau showed the top-five states by population for people with Irish roots included the following:Cook County in Illinois notably has nearly 419,000 residents who t
  
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• Sanders' 32-hour workweek plan the latest example of society's proclivity to 'vilify work': Mike Rowe

  16-03-2024 13:00 via foxbusiness.com
  
  Sen. Bernie Sanders', I-Vt., proposal of a 32-hour workweek is the latest example of a societal trend toward the vilification of work, "How America Works" host and blue-collar labor proponent Mike Rowe told FOX Business on Friday.Rowe, who founded the mikeroweWORKS Foundation in his hometown of Baltimore to support those in pursuit of skilled labor jobs, said society has wrongly turned to blaming work for all of its ills."Everything I've seen… [offers] example after example of what our co
  
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• Why 'mindful commuting' is trending and how it can work for you

  16-03-2024 10:00 via foxbusiness.com
  
  Commuting to and from the job every day is almost always about more than just getting from home to workplace.Whether you’re driving, taking public transit, walking or biking to work, the time you spend commuting each day can be used to boost your mental mindset, experts say. FOX Business spoke with three such experts to learn more about today's "mindful commuting" trend, why it’s been catching on in career corners — and what you can do to incorporate the practice during yo
  
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• Mega Millions jackpot reaches $875M after nobody wins grand prize

  16-03-2024 08:31 via foxbusiness.com
  
  The Mega Millions jackpot now sits at an estimated $875 million after no tickets matched the winning numbers during Friday's drawing.The winning numbers drawn Friday night were 13, 25, 50, 51 and 66 with a Mega ball of 6. The Megaplier was 5X.Nobody won the $792 million grand prize Friday night, but one player in New York matched all five white balls to win the game's second-tier prize of $1 million.MEGA MILLIONS JACKPOT GROWS TO $792M AFTER NO TICKETS MATCH WINNING NUMBERSThe next Mega Millions
  
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• Inflation pops, Boeing battered, TikTok in play and Bernie Sanders flips out

  16-03-2024 00:39 via foxbusiness.com
  
  -Wall Street wraps up a down week, but bitcoin investors keep celebrating -Boeing's reputation is taking another beating -Inflation creeping higher as Treasury Secretary Yellen provides a key assessment of prices -Bernie Sanders rolls out a new workweek proposal, gets heated when challenged-With TikTok in lawmakers' crosshairs, former Treasury Secretary Steven Mnuchin offers a lifeline -Discount retailer shuttering 1,000 stores -Elon Musk's Tesla facing new scrutiny afte
  
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