Business news

• Apple da tarjetas de regalo de hasta US$150 durante Black Friday

  25-11-2016 18:40 via cnet.com
  
  El monto de la tarjeta varía según lo que compres, ya sea una MacBook, iPhone o Apple Watch, aunque no aplican para los productos más recientes.
  
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• More Americans are relying on credit cards to buy groceries, new study finds

  13-07-2026 16:29 via foxbusiness.com
  
  American families are increasingly being pushed past their financial limits at the grocery checkout counter, turning to credit card debt just to keep food on the table, according to a new study.Data released Monday from the Urban Institute found that a cumulative 32% increase in food costs over the last five years has pushed more than one in four working-age Americans into credit card debt just to cover their regular grocery bills."Groceries are one of the largest household budget items for fami
  
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• Obamacare exchange flaw exposed Americans to unexpected health plan switches, watchdog finds

  13-07-2026 16:20 via foxbusiness.com
  
  A new government watchdog report warns that stronger safeguards against fraud are needed in the Obamacare exchanges to prevent bad actors who serve as agents and brokers in the federal marketplace from making unauthorized plan enrollments and changes to get compensation from health insurance providers.The Government Accountability Office (GAO) on Monday released a report showing that the number of consumer complaints about unauthorized plan enrollments and changes grew more than fourfold from 20
  
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• Ratification votes set for later this week after Unifor, Ford reach tentative 3-year deal

  13-07-2026 12:43 via cbc.ca
  
  If finalized, the agreement would set the pattern for bargaining with Stellantis and General Motors.
  
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• Meta expands Louisiana data center in $50B AI push, boosting rural community

  13-07-2026 11:30 via foxbusiness.com
  
  Meta is expanding its massive data center project in Richland Parish, Louisiana, to 5 gigawatts of compute capacity, making it one of the largest data centers in history, the company announced Monday. The expansion pushes Meta’s total investment in the region to more than $50 billion, marking one of the biggest AI infrastructure investments in the world, according to the company.Once operational, the data center is expected to support more than 1,000 jobs. Meta said Louisiana business
  
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• MagSafe battery chargers recalled after reports of fires, burn injuries

  13-07-2026 09:28 via foxbusiness.com
  
  More than 1,000 MagSafe battery chargers have been recalled over burn risks following reports of the power banks catching fire and causing burn injuries.Flaunt is recalling about 1,400 MagSafe battery chargers due to the risk of serious injury or death from fire and burn hazards, according to the U.S. Consumer Product Safety Commission."The lithium-ion battery in the recalled power banks (chargers) can overheat and ignite, posing a risk of serious injury or death from fire and burn hazards,
  
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• Disney spotlights American businesses powering its magic in nation’s 250th year

  12-07-2026 23:47 via foxbusiness.com
  
  From Alaska tour operators to California engineering firms, Disney is highlighting the American companies helping power its parks, cruises and attractions as the nation celebrates its 250th anniversary.The entertainment giant’s U.S. theme parks alone generate nearly $67 billion in total economic impact and support about 403,000 jobs nationwide. Across its parks, cruises and attractions, Disney relies on suppliers, design firms and family businesses to help bring those experiences to life.D
  
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• The overlooked obstacle keeping America from building the homes it needs

  12-07-2026 21:41 via foxbusiness.com
  
  High mortgage rates aren't the only reason homeownership remains out of reach for many Americans.Behind the scenes, homebuilders are grappling with an overlooked challenge — a shortage of skilled workers — that is slowing construction and making it harder to close the nation's housing gap.Builders say the labor shortage is creating a ripple effect throughout the housing market, delaying projects, raising construction costs and limiting the number of new homes coming online at a time
  
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• Costco issues warning notice for plant due to invasive insect infestation concern

  12-07-2026 19:15 via foxbusiness.com
  
  Costco is warning customers who recently purchased a certain variety of plant that they may have unknowingly brought home an invasive insect capable of spreading a disease that can damage or even kill some other plants and trees.The warehouse giant issued a notice last week that desert willow plants sold between June 24 and July 3, 2026, may have been infested with the glassy-winged sharpshooter."This invasive insect pest can spread harmful plant diseases, including Pierce’s disease, which
  
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• B.C. researchers turn to wild yeast in bid to help struggling craft breweries

  12-07-2026 16:00 via cbc.ca
  
  Researchers at Langara College and the University of British Columbia are studying wild yeast collected from across B.C. and the Pacific Northwest to see if it can be used to brew beer with unique flavours while reducing costs for breweries.
  
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• Home exchanges gaining popularity as Canadians look for cheaper ways to travel

  12-07-2026 10:00 via cbc.ca
  
  With rising travel costs squeezing vacation budgets, more Canadians are trading keys. Global home exchange networks report a massive surge in Canadian members still looking to travel but save big on accommodations.
  
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• Carney talks about Canada's 'energy sovereignty.' But what does that really mean?

  12-07-2026 10:00 via cbc.ca
  
  Soon after Donald Trump took office for a second time, with punishing tariffs and menacing talk of Canada as "the 51st state," this country's leaders began to invoke the idea of "energy sovereignty." But the Carney government's interpretation of energy sovereignty seems out of step with other countries.
  
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• Federal prosecutors to drop charges against alleged mastermind of $722 million crypto Ponzi scheme

  11-07-2026 20:06 via foxbusiness.com
  
  The Department of Justice is planning to drop charges against a Colorado man accused of running a cryptocurrency fraud that allegedly netted him $722 million.Matthew Goettsche and several others were indicted in 2019 over claims he defrauded investors with his crypto mining firm, BitClub Network. He rewarded investors for recruiting new members, prosecutors said, the classic structure of a Ponzi scheme.In a sharp reversal, the deputy attorney general's office in Washington ordered the New Jersey
  
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• US, Canada strike deal to open bridge linking Detroit and Windsor after dispute delayed launch

  11-07-2026 15:35 via foxbusiness.com
  
  The United States and Canada have reached a deal to open a new multibillion-dollar bridge linking Detroit and Windsor, Ontario, ending a dispute that delayed the project’s launch.The Gordie Howe International Bridge will open July 27 and become the fourth crossing between Detroit and Canada.The 1½-mile bridge was originally supposed to open last month. The Windsor-Detroit Bridge Authority said June 11 that the U.S. and Canada had agreed to put off the opening to "resolve any outstan
  
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• Gen Z breaks ultimate taboo by posting salaries online

  11-07-2026 13:00 via foxbusiness.com
  
  Gen Z is breaking one of the most deeply rooted social taboos by openly discussing salaries, spending limits and personal finances online.The Wall Street Journal's Free Expression associate editor Mary Julia Koch joined FOX Business’ Ashley Webster on "Varney & Co." to discuss loud budgeting and why younger Americans are increasingly willing to make once-private financial conversations public.The trend encourages people to be transparent about what they can and cannot afford, often by
  
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• Meta shuts down AI tool after backlash over public Instagram accounts

  11-07-2026 04:03 via foxbusiness.com
  
  Meta on Friday discontinued an artificial intelligence feature that allowed users to generate images by referencing public Instagram accounts, days after introducing the tool as part of a broader rollout of AI-powered creative features on Instagram.The company announced the decision in an update to its Instagram blog."Earlier this week, we announced that one way for people to generate images in Meta AI is by @-mentioning public Instagram accounts that they want to reference," the company wrote.
  
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• Trump celebrates $250B Micron investment, says America is 'GETTING SHOVELS IN THE GROUND'

  11-07-2026 03:38 via foxbusiness.com
  
  President Donald Trump on Friday touted Micron Technology's plans to invest $250 billion in U.S. semiconductor manufacturing, including what the company says will become the largest chip manufacturing site in American history.The Boise, Idaho-based company announced Thursday that it is accelerating its U.S. manufacturing and research investments with a goal of producing 40% of its DRAM memory chips in the United States."BIGGER INVESTMENTS JUST KEEP COMING!" Trump wrote on Truth Social, calling t
  
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• Apple files lawsuit, accuses OpenAI of stealing trade secrets

  11-07-2026 00:10 via cbc.ca
  
  Apple on Friday accused OpenAI of stealing trade secrets as it seeks to build its own hardware for ChatGPT, a major rupture in a partnership between the iPhone maker and the artificial intelligence company.
  
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• Cuisinart stainless steel propane grill sold at Lowe's and Walmart recalled over shattering glass risk

  10-07-2026 23:43 via foxbusiness.com
  
  Thousands of grills sold online and at Lowe's and Walmart are being recalled due to the risk of glass shattering while the grill is in use, raising the risk of serious injury.Roughly 12,660 stainless steel Cuisinart Propel+ Four Burner 3-in-1 Gas Grills are covered by the U.S. recall, which the Consumer Product Safety Commission (CPSC) announced on Thursday, while about 83 grills were sold in Canada.The model number of the recalled grills is CGG-6331 and may be found on the label inside of the r
  
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• Apple accuses OpenAI of telling recruits to bring Apple prototypes to interviews

  10-07-2026 23:36 via foxbusiness.com
  
  Apple accused OpenAI on Friday of telling Apple employees interviewing for jobs to bring confidential prototypes, engineering artifacts and hardware components to interviews as part of an effort to accelerate the artificial intelligence company's push into consumer devices.The allegation is among the most explosive claims in a sweeping trade secrets lawsuit Apple filed in federal court against OpenAI, former Apple executives and engineers, accusing them of systematically misappropriating confide
  
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• LARRY KUDLOW: America’s Central Command, not Iran, controls the Strait of Hormuz

  10-07-2026 23:27 via foxbusiness.com
  
  If you read the press releases from the United States Central Command, you would know that Iran does not control the Strait of Hormuz. Let me quote: "since early May, U.S. forces have helped facilitate the successful transit of more than 800 commercial vessels and 380 million barrels of crude oil through the vital international trade corridor."Let me repeat those numbers. Actually it’s 825 commercial vessels and 380 million barrels of crude oil just since early May. That’s why oil pr
  
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• Gordie Howe International Bridge to open July 27, Ottawa confirms

  10-07-2026 23:01 via cbc.ca
  
  The Gordie Howe International Bridge connecting Ontario to Michigan will open July 27, the federal government has confirmed.
  
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• Gordie Howe International Bridge set to open by late July after delay, source says

  10-07-2026 23:01 via cbc.ca
  
  Canada and the U.S. have reached a deal to open a new bridge linking Windsor, Ont., and Detroit, a source with direct knowledge of the deal has confirmed to CBC.
  
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• Gordie Howe International Bridge set to open by end of July, source says

  10-07-2026 23:01 via cbc.ca
  
  An agreement to open the Gordie Howe International Bridge between Canada and the U.S. was finalized Thursday, and the bridge will open by the end of July, according to sources with knowledge of the deal.
  
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• Meta axes feature that allowed tagging Instagram users to generate AI images of them

  10-07-2026 22:42 via cbc.ca
  
  Meta killed one feature of its new Muse Image system that would let users tag Instagram accounts and generate images based on an account's profile and posts. Its initial announcement also revealed, to the dismay of some, that Meta AI permissions are automatically turned on for users with public accounts in other countries — including Canada — and must be switched off manually in app settings.
  
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• Don't want someone using your Instagram pics to generate AI content? Here's what to do

  10-07-2026 22:42 via cbc.ca
  
  Muse Image is only available in the U.S. at this time, but the announcement revealed, to the dismay of some, that Meta AI permissions are automatically turned on for users with public accounts in other countries — including Canada — and must be switched off manually in your app settings.
  
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• National debt interest and entitlement spending push FY2026 federal budget deficit toward $2 trillion

  10-07-2026 22:32 via foxbusiness.com
  
  This year's federal budget deficit is now outpacing last year's as federal spending is growing at a faster rate than tax revenue, pushing the annual shortfall closer to $2 trillion.The nonpartisan Congressional Budget Office (CBO) on Thursday released its monthly budget review for the month of June, which showed the FY2026 deficit was $1.373 trillion through the first nine months of the fiscal year.That represents a $35 billion increase in the budget deficit compared with the same period a year
  
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• More than 550,000 Kobalt yard tools recalled over battery fire hazard

  10-07-2026 22:11 via foxbusiness.com
  
  Greenworks Tools is recalling about 554,780 Kobalt-branded yard power tools and lithium-ion batteries after dozens of reports of batteries smoking, sparking or catching fire while charging, according to the U.S. Consumer Product Safety Commission.The voluntary recall covers select Kobalt 24V and 48V outdoor power equipment sold with USB-C rechargeable batteries, including string trimmers, leaf blowers, lawn mowers, chainsaws, pruning saws, power cleaners and other tools.The CPSC said charging th
  
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• Meta data centre in Alberta to start operating before neighbouring power plant

  10-07-2026 20:53 via cbc.ca
  
  It will be four years before a new natural gas-fired power plant north of Edmonton is operating and able to serve the massive data centre Meta Platforms Inc. is planning nearby. The tech giant expects the $13-billion-plus data centre will be online in the next two to three years, though no exact timeline has been set.
  
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• Delta CEO Ed Bastian says airline fares will stay elevated even if jet fuel prices fall

  10-07-2026 20:10 via foxbusiness.com
  
  Delta Air Lines sees higher fares staying in place for consumers amid higher costs for fuel and other expenses, even if oil prices return to more moderate levels and allow jet fuel costs to decline in turn.Delta CEO Ed Bastian said on the company's quarterly earnings call that the dynamics of the airline industry have changed significantly as higher fuel prices, as well as increases in other categories of operational expenses, have made it more difficult for low-cost carriers to compete through
  
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