Business news

• Disney Stock Falls on Earnings Miss

  10-11-2016 22:25 via feeds.foxbusiness.com
  
  Walt Disney Co reported a 2.7 percent fall in quarterly revenue, reflecting lower advertising revenue from sports network ESPN as well as an extra week last year.
  
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• Canada's new tariffs: Are small businesses 'cannon fodder' in the trade war?

  08-09-2026 06:01 via cbc.ca
  
  Experts say Canada's new tariffs will have an outsized impact on the country's small and medium-sized businesses, with few consequences for individual consumers.
  
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• More than 1,500 pounds of pork recalled over Listeria contamination risk

  08-09-2026 03:45 via foxbusiness.com
  
  More than 1,500 pounds of imported ready-to-eat pork products have been recalled over concerns about possible listeria contamination.Two U.S.-based companies are issuing recalls for a total of about 1,513 pounds of dry-cured pork jowl products, also known as guanciale, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced on Sunday.The recall is classified as a Class I recall, the USDA's most serious recall classification, indicating there is a reasonable
  
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• Lululemon billionaire Chip Wilson, wife divorcing after 20-plus years without prenup: report

  08-09-2026 02:45 via foxbusiness.com
  
  Lululemon Athletica Inc. founder Chip Wilson and his wife and longtime business partner, Shannon "Summer" Wilson, are reportedly divorcing after more than two decades of marriage.A family legal proceeding between the couple was filed in the Supreme Court of British Columbia in April, though the contents of the case are not publicly accessible, Bloomberg reported.Bloomberg, citing a person familiar with the matter, also reported that there is no prenuptial agreement between the couple, though it
  
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• Matt Kaulig details how The NASCAR Foundation continues to create impact ahead of 20th anniversary gala in NYC

  07-09-2026 23:52 via foxbusiness.com
  
  For 20 years, The NASCAR Foundation has been giving back to those who have supported the sport throughout the country. To celebrate the 20th anniversary, the nonprofit is set to host a two-day celebration in New York City that is all about continuing that impact in our communities. Matt Kaulig, owner of NASCAR’s Kaulig Racing, has been working with The NASCAR Foundation through his Kaulig Giving for years now, and he couldn’t contain his excitement when speaking to Fox Busi
  
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• Trump to Canadian plane maker Bombardier: You can't sell in U.S. unless you build in U.S.

  07-09-2026 22:11 via cbc.ca
  
  U.S. President Donald Trump says Bombardier would no longer be allowed to sell in the U.S. unless ​the Canada-based airplane company starts manufacturing in the states.
  
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• Grindr to pay $48-million settlement over sale of users' info — including HIV status

  07-09-2026 22:03 via cbc.ca
  
  The hookup app Grindr is on the hook for a huge payout after settling a U.K. lawsuit that alleged sensitive information about its users — including their HIV status — was sold to advertisers.
  
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• Trump targets Bombardier, says Canadian jetmaker 'must build' in the US

  07-09-2026 21:42 via foxbusiness.com
  
  President Donald Trump on Monday said Canadian aircraft manufacturer Bombardier should no longer be allowed to sell its planes in the United States unless it manufactures them domestically.In a Truth Social post, Trump claimed that more than half of Bombardier's revenue comes from U.S. customers and accused Canada of imposing "unfair" restrictions on American companies."NO MORE SELLING BOMBARDIER IN THE UNITED STATES!" Trump wrote. "Their products aren’t good enough!""Over 50% of their rev
  
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• The 10 fastest-growing jobs in America over the next decade

  07-09-2026 16:00 via foxbusiness.com
  
  The Bureau of Labor Statistics (BLS) recently released a report projecting how the U.S. workforce will grow from 2025 to 2035 and what professions will see the largest increases in jobs as the economy evolves.Employment projections from the BLS estimate that the U.S. economy will add a total of 5.9 million jobs from 2025 to 2035, lifting total employment from 170.3 million to 176.2 million in that period. That would amount to a 3.5% growth rate, which is slower than the 10.9% growth rate from 20
  
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• Jaguar Land Rover opens voluntary redundancy program in $2.3B cost-cutting drive

  07-09-2026 14:09 via foxbusiness.com
  
  British carmaker Jaguar Land Rover (JLR) has opened a voluntary redundancy program for salaried and management staff as part of a sweeping multibillion, cost-cutting campaign. The Tata Motors-owned vehicle manufacturer confirmed the voluntary exit scheme for white-collar staff over the weekend as it moves to lower its global operational break-even threshold to 300,000 vehicles annually. While unconfirmed British media reports indicate the two-year operational overhaul could impact up to 4,0
  
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• Americans splurged smarter this summer with micro-vacations and travel stacking

  07-09-2026 14:00 via foxbusiness.com
  
  Labor Day weekend marks the end of the summer travel season and new data shows American households were conscious of finding ways to save money even as they forged ahead with travel and entertainment plans this summer.Bank of America's summer travel survey found that consumers' desire to travel remained strong and that people have been focused on getting the most value out of their trip."People aren't cutting travel out. Instead, they're being intentional about where the money goes," Mary Hines
  
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• Americans face the most expensive Labor Day at the gas pump ever recorded

  07-09-2026 14:00 via foxbusiness.com
  
  Just as the summer travel season comes to a close, Americans are facing the most expensive Labor Day gas prices on record, extending the squeeze on household budgets for millions hitting the road over the holiday weekend.AAA says nearly 40 million Americans are expected to drive over the holiday, but they'll be paying unprecedented prices at the pump.The national average for regular gasoline reached $4.14 per gallon on Monday, up about 4 cents from last week and nearly 95 cents higher than a yea
  
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• School bus driver shortage persists as districts raise pay to compete for workers

  07-09-2026 12:00 via foxbusiness.com
  
  School districts across the country continue to struggle to recruit and retain enough school bus drivers, forcing them to compete with other employers for a limited pool of qualified workers despite higher wages.School bus driver employment remained 9.5% below 2019 levels in August 2025, even as inflation-adjusted hourly wages rose 4.2% over the previous year, according to an Economic Policy Institute analysis. The employment figures are based on 12-month rolling averages of federal survey data.
  
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• Amazon says it’s 'working closely' with authorities after cargo plane crash kills 5

  07-09-2026 03:24 via foxbusiness.com
  
  Amazon said it is cooperating with authorities after a cargo plane operating on behalf of Amazon Air crashed while attempting to land at Miami International Airport on Sunday, killing at least five people and injuring five others.The company confirmed to FOX Business that the aircraft involved in the crash was operated by cargo carrier 21 Air, which flies for Amazon Air. Amazon Air is Amazon's air cargo network, helping move packages between the company's facilities, according to its websit
  
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• Luxury real estate CEO gives blunt response as NYC rents soar over $100K amid new pied-à-terre tax

  07-09-2026 00:55 via foxbusiness.com
  
  Manhattan’s luxury rental market is breaking records, with some apartments now going for more than $100,000 a month as New York City’s pied-à-terre tax gives wealthy buyers another reason to rent instead.But Nest Seekers International CEO Eddie Shapiro has a blunt message for anyone shocked by the jaw-dropping prices."Don’t be upset if someone else can afford to do that and chooses to do that," Shapiro told Fox News Digital. "They’re entitled to do that in this fre
  
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• How MapQuest’s ‘Lake America’ stance sparked a massive App Store surge

  06-09-2026 23:02 via foxbusiness.com
  
  MapQuest announced last week it had soared to the top of Apple's App Store navigation rankings following its decision to keep the former name of Lake America, Lake Ontario, on its maps.Hundreds of thousands of people downloaded the app after it reaffirmed it would continue using the historical names for lakes and gulfs, driving usage to roughly 50 times its normal level, according to MapQuest.The company said it was the No. 1 navigation app and the No. 8 free app overall in the U.S. Apple App St
  
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• Built from scratch by immigrant parents, this NYC grocery store now faces Mamdani’s taxpayer-backed rival

  06-09-2026 19:41 via foxbusiness.com
  
  For nearly 30 years, Josefina Aguirre has helped keep alive the East Harlem grocery store her immigrant parents built from scratch. The family business has survived soaring rents, inflation, the pandemic and a changing neighborhood.Now, she fears New York City Mayor Zohran Mamdani's grocery experiment could become the final blow to the family business.Aguirre is among the neighborhood grocers suing Mamdani over his plan to open city-backed grocery stores across all five boroughs. The mayor says
  
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• Counter-tariffs won't just affect the cost of goods for Canadians. They'll hit the trailers moving them too

  06-09-2026 13:00 via cbc.ca
  
  Canadians bracing for billions of dollars in counter-tariffs won't just see prices rise on American items like produce, toilet paper and furniture, but on the very semi-trailers used to haul those goods.
  
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• Etsy seller's 'bruh' T-shirts were removed over a trademark complaint. He says it's trademark squatting

  06-09-2026 10:00 via cbc.ca
  
  An Etsy seller says the online retailer removed his listings for T-shirts with the word "bruh" after the person who holds a Canadian trademark for it complained. One legal expert worries that the costly nature of trademark disputes makes it difficult to challenge such cases.
  
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• Checkers & Rally’s CEO says Americans’ demand for fast-food value is 'intensifying'

  05-09-2026 16:00 via foxbusiness.com
  
  Checkers & Rally’s is leaning into value as Americans remain squeezed by higher everyday expenses, and the fast-food chain’s CEO says consumers’ demand for affordability has intensified over the past couple of years.The chain is offering a $4 Unbeatable Meal Deal, priced at $5 in select markets, as restaurants compete for increasingly price-conscious customers. Checkers & Rally’s CEO Chris Tebben said the company has seen firsthand how strongly consumers respond w
  
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• Why college athletes should 'live like college students' despite six-figure NIL deals

  05-09-2026 14:00 via foxbusiness.com
  
  College football season is kicking off, and some young athletes taking the field around the country will be seeing an influx of income from name, image and likeness (NIL) and revenue sharing deals, which can pose financial challenges as they look to manage those funds.NIL first took hold in college sports in 2021, and monetary compensation for student athletes recently evolved to include revenue sharing directly with the colleges they're playing for. Some players may earn six or seven figur
  
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• E coli blueberry recall expanding to frozen mixed berry packages sold at Walmarts in 16 states

  05-09-2026 00:05 via foxbusiness.com
  
  A blueberry recall first reported in July over the risk of E. coli contamination has been expanded to include frozen package mixes of strawberries, blackberries and blueberries sold at Walmart, according to the U.S. Food and Drug Administration.One lot of 10-ounce packages of Great Value frozen Organic Triple Berry Blend has been recalled by Chilean supplier Frutas y Hortalizas del Sur S.A.The frozen berries were sold at select Walmart stores in 16 states, including Alabama, Arkansas, Florida, I
  
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• Campbell's cuts 13% of salaried workforce, closes plants as part of turnaround effort

  04-09-2026 23:58 via foxbusiness.com
  
  Campbell's said it has cut 13% of its salaried workforce and closed two snack plants in an effort to improve its operations and return to profitability."Make no mistake, our results remain unacceptable," CEO Mick Beekhuizen said. "But instead of waiting for the environment to improve around us, we are addressing reality head-on."The company has 4,300 salaried workers, according to The Wall Street Journal. It had approximately 13,700 full-time and part-time employees as of August 2025, according
  
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• LARRY KUDLOW: Trump’s economic boom - the greatest story never told

  04-09-2026 23:26 via foxbusiness.com
  
  Right on cue, the press got ready to print a bad jobs report for August, and then SLAM, the number comes out up 162,000. About three times the Wall Street consensus. Of course, most of Wall Street and their liberal pals in the press just love to ignore eight straight months of Institute for Supply Management manufacturing index increases, and 15 straight monthly ISM services index increases. And tremendous gains in industrial production and consumer spending. We’ll get into the numbers in
  
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• The history of socialism in the US — and why the American dream prevails

  04-09-2026 20:34 via foxbusiness.com
  
  Before the 1917 Russian Revolution, socialists in the U.S. were winning hundreds of local and national contests.In Manhattan, a socialist immigrant from Lithuania was sent to Congress in 1915. Milwaukee had three socialist mayors. And in the 1912 presidential election, socialist presidential candidate Eugene Debs received 6% of the popular vote.But socialists couldn't capitalize on these victories. First, an internal split between the revolutionaries and the moderates prevented a united front. T
  
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• Labor Day travel costs climb as airfare, hotel prices move higher

  04-09-2026 18:31 via foxbusiness.com
  
  Labor Day travelers are facing higher costs for flights and hotels as they head out for the final holiday weekend of summer, according to AAA and travel expert Pauline Frommer.AAA booking data shows domestic airfare is up 2% compared with last year, averaging $750 for a round-trip ticket. Fares to the holiday weekend’s most popular domestic destinations are nearly 20% higher, averaging $790.Hotel prices are also rising, with domestic bookings up 9% and international hotel bookings up 12% c
  
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• Canada lost 42,000 jobs in August, surprising economists

  04-09-2026 14:46 via cbc.ca
  
  Canada lost 42,000 jobs in August, Statistics Canada said Friday, contrary to economists' expectations, while the unemployment rate was unchanged at 6.4 per cent.
  
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• Canada lost 42,000 jobs in August, StatsCan says

  04-09-2026 14:46 via cbc.ca
  
  Canada lost 42,000 jobs in August, Statistics Canada said Friday, while the unemployment rate was unchanged at 6.4 per cent.
  
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• Job growth rebounded in August with solid gains

  04-09-2026 14:31 via foxbusiness.com
  
  The U.S. economy rebounded in August, adding jobs at a solid pace after a surprise decline in July amid economic uncertainty.The Bureau of Labor Statistics on Friday reported that employers added 162,000 jobs in August. That figure was well above the estimate of 56,000 made by economists polled by LSEG.The unemployment rate held steady at 4.1% in August, which was also in line with the expectations of economists polled by LSEG.WHAT WARSH'S JACKSON HOLE SPEECH SIGNALS ABOUT WHERE INTEREST RA
  
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• National average price for diesel hits new record high amid Iran conflict

  04-09-2026 12:08 via foxbusiness.com
  
  The average price for diesel has reached a new record of $5.85 as of Sept. 4, surpassing the prior high of $5.8159 set back in June 2022, according to AAA.The AAA national average for diesel increased from $5.7832 on Thursday to $5.85 on Friday.The month-ago average was $5.3715 and the year-ago average was significantly lower at just $3.7121.TRUMP ANNOUNCES ‘BIGGEST OIL DEAL IN WORLD HISTORY,’ SAYS IT WILL SUBSTANTIALLY LOWER GAS PRICES"Diesel prices have skyrocketed since Trump star
  
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