Business news

• Taco Bell gets nostalgic with limited-time 'Decades Menu'

  24-10-2024 23:38 via foxbusiness.com
  
  Taco Bell is rolling out a limited-time "Decades Menu" across the U.S. later in the month.The menu will offer customers a throwback to the first five decades of the Mexican-inspired fast-food chain’s history with its four savory items and one sweet treat, Taco Bell said Thursday.According to the Yum! Brands-owned brand, the "Decades Menu" will have the Tostada, Green Sauce Burrito, Meximelt, Gordita Supreme and Caramel Apple Empanada on it, all of which experienced major popularity when th
  
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• Matthew Perry's LA home sells for $8.5 million, one year after his death

  24-10-2024 23:37 via foxbusiness.com
  
  The Pacific Palisades home where Matthew Perry died has been sold in an off-market deal.Real estate developer Anita Verma-Lallian purchased the four-bedroom, 4½-bathroom house located in the affluent Southern California suburb overlooking the Pacific Ocean."Anita acquired this piece of real estate as it aligned with her investment strategy. This home is the latest addition to her portfolio of real estate assets," Verma-Lallian's representatives told FOX Business. 'FRIENDS' STAR MATTH
  
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• LARRY KUDLOW: If Trump is so bad, why are all these Democrats lining up to support him?

  24-10-2024 23:34 via foxbusiness.com
  
  If Trump is so bad, why are all these Democrats lining up to support him? That's the subject of the riff.  Kamala Harris takes a break from her basement campaign at the veep's residence in Washington DC to call an emergency presser in order to put out the utterly despicable smear comparing Donald Trump to Adolf Hitler. Utterly despicable! "Donald Trump is out for unchecked power. He wants a military like Adolf Hitler had, who will be loyal to him, not our Constitution," she says. Not o
  
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• Machinists union rejects Boeing contract offer, extending strike

  24-10-2024 23:24 via foxbusiness.com
  
  The union representing 33,000 striking machinists at Boeing rejected the company's latest contract offer Wednesday evening, extending a strike that has strained aircraft production.The International Association of Machinists and Aerospace Workers (IAM) has been on strike since Sept. 13 as they try to extract more concessions from Boeing in their next labor contract. Earlier this month, the IAM said Boeing offered a 35% wage hike over four years, a new incentive plan and a $7,000 ratificatio
  
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• McDonald's E. coli outbreak leads Taco Bell, Pizza Hut to yank onions out of caution

  24-10-2024 22:09 via foxbusiness.com
  
  Yum! Brands is removing fresh onions from some of its Taco Bell, Pizza Hut and KFC locations as government health agencies continue to investigate the source of an E. coli outbreak linked to McDonald's Quarter Pounders that has left dozens sick and resulted in one death.McDonald's has already yanked onions and Quarter Pounder beef patties from its restaurants in the areas where cases have been reported and has stopped selling the sandwich in several states, the company said Tuesday after the Cen
  
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• 'Yellowstone' branded premium dog treats available for pups; Dutton family backstory steers premium quality

  24-10-2024 21:44 via foxbusiness.com
  
  "Yellowstone" fans and their pets are in for a real treat with the release of the officially licensed Dutton Ranch Dog Treats, now available for consumers and their beloved dogs.LFG Product Solutions, a consumer products company, partnered with Paramount Consumer Products to craft certified organic beef, premium dog treats for pups of any size."This ‘Yellowstone’ project is our first offering," Kevin Rizer, co-founder and creative director of the brand and a Dallas, Texas, native, to
  
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• How McDonald’s can learn from Chipotle, Wendy's handling of food-related illnesses at restaurants

  24-10-2024 20:54 via foxbusiness.com
  
  McDonald's is the latest major fast-food company to experience an E. coli outbreak linked to a menu item.On Tuesday, the Centers for Disease Control and Prevention (CDC) warned that McDonald's Quarter Pounder hamburgers have been linked to a deadly E. coli outbreak spanning 10 states. The CDC launched an investigation after 49 people reported becoming sick after eating Quarter Pounders. There have been 10 hospitalizations and one death linked to the outbreak.MAJOR RETAILERS, SCHOOLS AFFECTE
  
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• Amazon Alexa's pro-Harris responses weren't pre-programmed: source

  24-10-2024 19:53 via foxbusiness.com
  
  EXCLUSIVE: Amazon's Alexa sparked controversy in early September when a viral video showed the virtual assistant explaining reasons to vote for Vice President Kamala Harris while refusing to offer similar responses for former President Trump. FOX Business has learned that Alexa generated the pro-Harris response before the company put an override in place.Amazon representatives briefed staffers from the House Judiciary Committee about the incident and explained that Alexa utilizes pre-programmed
  
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• Pennsylvania House passes bipartisan bill to bring regulatory clarity to digital assets

  24-10-2024 18:27 via foxbusiness.com
  
  Exclusive: Pennsylvania became the latest state to pass a bill establishing some regulatory clarity surrounding digital assets, continuing a trend where legislatures and governors across the country attempt to provide some rules of the road for the U.S. crypto industry, FOX Business has learned.The move comes amid continued confusion on the federal level over crypto regulation, and which federal agencies should take the lead in enforcing basic investment rules on the still nascent, $2
  
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• McDonald's hit with first lawsuit over E. coli outbreak

  24-10-2024 18:18 via foxbusiness.com
  
  McDonald's has been hit with the first of what is expected to be multiple lawsuits over the E. coli outbreak that officials say is linked to the fast-food giant's Quarter Pounder hamburgers.Colorado resident Eric Stelly sued McDonald's on Wednesday, the day after the Centers for Disease Control and Prevention (CDC) announced it had launched an investigation after 49 people reported getting sick eating Quarter Pounders. There have been 10 hospitalizations and one death linked to the outbreak.The
  
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• Mortgage rates rise for fourth straight week

  24-10-2024 18:01 via foxbusiness.com
  
  Mortgage rates continued their upward trajectory this week, climbing for a month straight while further pushing down demand in the stalled housing market.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage surged to 6.54% from last week's reading of 6.44%. The average rate on a 30-year loan was 7.79% a year ago."The continued strength in the economy drove mortgage rates higher once again this week," sai
  
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• As federal workers slam office mandate, study finds remote work cuts emissions

  24-10-2024 17:55 via cbc.ca
  
  Federal employees in Ottawa produced 25 per cent fewer emissions when they worked remotely compared to those who were working in the office full time, a new study suggests, in research that comes as a major public sector union continues to push back on the government mandating more in-office work.  
  
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• Winning $478.2M Powerball ticket sold in Georgia

  24-10-2024 17:53 via foxbusiness.com
  
  A lottery player in Georgia had a lucky day on Wednesday after a Powerball ticket they purchased landed them a $478.2 million jackpot during the evening’s drawing.The winner purchased their ticket in Burford, according to the Georgia Lottery. The winning numbers were 2, 15, 27, 29 and 39. The red Powerball was 20.Powerball said the winner can claim their jackpot as either a $478.2 million annuity or a $230.6 million one-time payment before taxes.Georgia allows people who win over $250,000
  
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• Stuart Varney: Voters are not buying Kamala Harris' attacks on Trump

  24-10-2024 17:47 via foxbusiness.com
  
  During his "My Take," Thursday, "Varney & Co." host Stuart Varney discussed Kamala Harris' performance during a CNN town hall, arguing the vice president is making the election about how bad Trump is, rather than how good a Harris presidency would be.STUART VARNEY: Kamala Harris has signaled exactly what her message will be in the final days of the campaign. Pile on Trump. Call him names. Make the election about Trump and how dangerous he is. NEW NATIONAL POLL SHOWS WHO HAS THE EDG
  
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• Cineplex officially files appeal of $38.9M fine for drip pricing

  24-10-2024 16:24 via cbc.ca
  
  Cineplex has filed an appeal of a record $38.9-million fine for deceptive marketing practices imposed against it by the Competition Tribunal.
  
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• Kevin O'Leary urges McDonald's execs to have '100% transparency' on E. coli outbreak

  24-10-2024 16:18 via foxbusiness.com
  
  If Kevin O’Leary was the head of American fast-food favorite McDonald’s, he would make sure executives are completely transparent with customers over its recent E. coli outbreak."One-hundred percent total transparency, as soon as executives get the information," the O’Leary Ventures chairman advised Wednesday on "The Claman Countdown.""Put it out there. That's the key," he added. "You need to maintain the trust between the consumer and the management, because this is an evolvin
  
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• Frozen waffle recall over listeria concerns expanded after additional testing

  24-10-2024 16:00 via foxbusiness.com
  
  TreeHouse Foods Inc. is expanding its waffle recall to include all products manufactured at one facility and still within their shelf life due to the potential that they may be contaminated with listeria. The company is now recalling all of its frozen toaster waffle, Belgian waffle and pancake products after additional testing was conducted at the manufacturing facility, according to an updated notice posted by the Food and Drug Administration (FDA).The initial recall, announced by the FDA
  
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• CCP-linked antisemitic trolls are targeting down ballot Republicans in election influence operation: Microsoft

  24-10-2024 15:55 via foxbusiness.com
  
  Chinese communists are attempting to influence U.S. elections with an online spambot campaign that targets Republican lawmakers who have denounced the People's Republic of China, according to Microsoft. The latest Microsoft Threat Analysis Center (MTAC) report details how fake social media accounts operated by a CCP-linked entity have attempted to influence voters in Alabama, Texas and Tennessee with a series of antisemitic posts denigrating Reps. Barry Moore, R-Ala.; Michael McCaul, R-Texa
  
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• Costco's 'Netflix moment' big win

  24-10-2024 13:44 via foxbusiness.com
  
  Costco's introduction of membership card scanners at the front of U.S. stores is still rolling out, but the move is already paying off big for the wholesale club.Morgan Stanley analysts wrote in a note this week that Costco warehouses are seeing as much as low double-digit increases in membership counts after implementing the scanners, and suggested the high conversion rates of previously non-paying customers could lead to the retailer's "Netflix moment."The report, led by Simeon Gutman, acknowl
  
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• ETFs heavy in Elon Musk's Tesla

  24-10-2024 13:00 via foxbusiness.com
  
  Tesla did not disappoint, and CEO Elon Musk made that clear. "It is notable that Tesla is profitable despite a very challenging environment. And this quarter, actually, is a record Q3 for us" he told investors on the company’s earnings call, while also noting cheaper models are coming. "We are still on track to deliver more affordable models starting in the first half of 2025," he added.Wedbush Securities analyst Dan Ives said Tesla shares could hit $300, a roughly 40% jump from Wedne
  
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• Florida mother sues AI company over allegedly causing death of teen son

  24-10-2024 12:01 via foxbusiness.com
  
  This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide & Crisis Lifeline at 988 or 1-800-273-TALK (8255).A Florida mother is suing the artificial intelligence company Character.AI for allegedly causing the suicide of her 14-year-old son.The mother filed a lawsuit against the company claiming her son was addicted to the company’s service and the chatbot created by it.Megan Garcia says Character.AI targeted her son, Sewell Setze
  
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• Trump can bring down inflation: John Paulson

  24-10-2024 12:00 via foxbusiness.com
  
  Billionaire hedge fund founder John Paulson, a major fundraiser for former President Trump, said Wednesday that Trump's economic plan would help bring down inflation.During an appearance on FOX Business Network's "Mornings with Maria," Paulson also criticized Democrats' Inflation Reduction Act for worsening inflationary pressures in the economy."I think the Act should be, you should drop ‘Reduction’ — it should've been called the Inflation Act," he told host Maria Bar
  
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• Independent pharmacies fear closures amid financial strain

  24-10-2024 12:00 via foxbusiness.com
  
  A growing number of independent pharmacists are worried about having to close their doors as they grapple with financial and operational pressures. Tony Minniti, an independent pharmacist in Camden, New Jersey, has been concerned for years about the future of his business. Minniti started his career at age 14 when he went to work at his grandfather’s pharmacy in Camden, which he says gave him a unique ability to watch the transformational period for
  
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• N.S. chose a national grocery giant for its $6M buy local program. Reaction has been mixed

  24-10-2024 11:00 via cbc.ca
  
  Following the Houston government’s decision to give Sobeys a $950,000 contract for its partnership with Nova Scotia Loyal, local producers and retailers weigh in on the fallout.
  
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• Landlords' latest tactic in public battles with tenants: sue them for libel

  24-10-2024 10:00 via cbc.ca
  
  Tenants already face plenty of potential snarls in dealing with landlords. But now some landlords are suing their tenants for defamation when disputes go public.
  
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• Alberta's squeeze on renewable energy has pushed investment to other provinces

  24-10-2024 10:00 via cbc.ca
  
  Eight months after the Alberta government lifted its moratorium on the development of new, large wind and solar electricity projects, investment has yet to return as companies choose instead to invest in other provinces.
  
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• McDonald's pulls Quarter Pounders from one-fifth of U.S. stores after E. coli outbreak

  24-10-2024 02:24 via cbc.ca
  
  McDonald's worked Wednesday to reassure customers that its U.S. restaurants are safe as federal investigators tried to pinpoint the cause of a deadly E. coli outbreak linked to the fast-food giant's Quarter Pounder hamburgers.
  
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• Amazon brings gas benefit to Prime membership

  24-10-2024 00:21 via foxbusiness.com
  
  Amazon Prime members now have a benefit that will help them see savings when filling up their gas tank. E-commerce giant Amazon on Wednesday brought a fuel savings benefit to its Prime membership that will knock 10 cents off each gallon of gas they purchase at about 7,000 U.S. gas stations.The thousands of eligible gas stations where Prime members can make use of the new perk are all BP, Amoco and ampm locations, the company said.The benefit requires Prime members to have an Earnify account
  
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