Business news

• Employees at AI companies back Bernie Sanders bill cracking down on development

  23-09-2026 16:32 via foxbusiness.com
  
  Sen. Bernie Sanders, I-Vt., and Rep. Greg Casar, D-Texas, are introducing sweeping legislation Wednesday that would permanently ban artificial "superintelligence" and temporarily halt advanced AI development, an effort that has garnered support from several tech industry insiders.The formal rollout of the legislation and an accompanying statement of support from employees at leading AI firms were first reported by The Associated Press.The lawmakers' proposal would establish a new Cabinet-level a
  
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• Volkswagen subsidiary delays opening of $7B St. Thomas, Ont., battery plant to 2029

  24-09-2026 18:30 via cbc.ca
  
  PowerCo, the Volkswagen subsidiary building a $7-billion electric vehicle battery plant in St. Thomas, Ont., says the facility is now expected to begin operations in 2029, two years later than originally planned.
  
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• Sobeys' parent Empire agrees to end property controls after battle with Competition Bureau

  24-09-2026 16:04 via cbc.ca
  
  Canada's Competition Bureau has reached anagreementwith Sobey's parent company to have the grocery giant strictly limit or stop using property controls after the agency found the practice to be anti-competitive.
  
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• Sobeys parent Empire agrees to end property controls after battle with Competition Bureau

  24-09-2026 16:04 via cbc.ca
  
  Canada's Competition Bureau has reached anagreementwith Sobey's parent company to have the grocery giant strictly limit or stop using property controls after the agency found the practice to be anti-competitive.
  
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• Starbucks to close 250 stores: 'Difficult decision'

  24-09-2026 14:11 via foxbusiness.com
  
  Starbucks announced plans to close roughly 250 stores across North America this week, company COO Mike Grams revealed Thursday.Grams announced the closure in a public statement, saying that while most of its 18,000 North American stores were profitable, a small portion has been struggling."We have carefully reviewed our North America coffeehouse portfolio and identified locations where we do not believe we can consistently deliver the experience we want for customers and partners or where we don
  
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• Google partners with veterans groups to help 25,000 enter skilled trades careers amid worker shortage

  24-09-2026 14:02 via foxbusiness.com
  
  Exclusive: Google on Thursday announced a new initiative to partner with veterans groups to help 25,000 veterans, service members and military spouses enter the skilled trades, according to an announcement viewed by FOX Business.Google's announcement will feature a partnership with several prominent organizations that serve veterans around the nation, including Hiring Our Heroes, Student Veterans of America and the Home Builders Institute.The move comes against the backdrop of a shortage of work
  
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• Bank of America to hire 1,000 more apprentices, invest $150M in workforce development

  24-09-2026 11:00 via foxbusiness.com
  
  Bank of America is expanding its skills-based hiring efforts, announcing Thursday that it will hire 1,000 additional apprentices over the next two years while investing $150 million in workforce development programs.The Charlotte, North Carolina-based bank said the new apprenticeship positions will span consumer banking, technology, operations and other business areas, building on the more than 800 apprentices it already hires each year through paid work-based learning programs."This is one more
  
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• U.S.-China summit highlights the 'hypocrisy' of American trade policy, experts say

  24-09-2026 10:00 via cbc.ca
  
  American officials have scolded Canada for making a deal with China. But the numbers show the U.S. does vastly more business with China than Canada would possibly dream of.
  
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• Tesla Full Self-Driving repeatedly exceeded speed limits, attempted prohibited cyclist passes in Belgium test

  24-09-2026 03:57 via foxbusiness.com
  
  Tesla's Full Self-Driving system frequently exceeded speed limits and attempted to pass cyclists where overtaking is prohibited during testing conducted over hundreds of miles in Belgium by a road-safety advocacy group.Belgian pedestrian and cyclist safety group Johanna.be tested FSD over three days in July, covering roughly 400 kilometers, or 249 miles, according to Reuters.The group said it found repeated problems in 20 km/h and 30 km/h zones, including the system displaying incorrect speed li
  
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• Anthropic CEO says AI could cure most major diseases within next decade

  24-09-2026 03:37 via foxbusiness.com
  
  Anthropic CEO Dario Amodei predicted Wednesday that AI could help cure most diseases within the next five to 10 years, making the case that advanced technology will change how scientists study biology and medicine.The company announced a Claude-led discovery of a molecular machine that it believes could represent a new gene-editing mechanism, though Anthropic said its precise biological function remains unclear."Its precise function, biotechnological utility (if any), or level of significance is
  
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• Australian prime minister says OpenAI agent accessed government health website, raises 'extreme concern'

  24-09-2026 02:33 via foxbusiness.com
  
  Australian Prime Minister Anthony Albanese said Wednesday that an OpenAI agent gained unauthorized access to an Australian government website earlier this year, though the company said its review found no evidence that patient records were accessed.Albanese told reporters in New York that the activity occurred in June and involved an OpenAI agent accessing the public-facing Medicare Statistics Reporting Service portal, which is administered by Services Australia."I spoke with the CEO of OpenAI,
  
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• Melania Trump urges AI 'vigilance,' says Americans need to get educated

  24-09-2026 01:21 via foxbusiness.com
  
  Fresh off ringing the opening bell at the New York Stock Exchange on Wednesday, first lady Melania Trump discussed the growing role of artificial intelligence during a wide-ranging interview on "The Big Money Show," sharing advice for Americans and revealing how she has used the technology herself."I know, now a big topic. It's AI, and everybody's scared about it. I feel that they need to be vigilant. We need to use it wisely," Trump told the "The Big Money Show" hosts WednesdayThe first lady st
  
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• Florida woman died after eating E coli-tainted frozen blueberries from Publix, lawsuit alleges

  24-09-2026 00:30 via foxbusiness.com
  
  A Florida family is suing Publix and food distributor Quirch Foods, alleging contaminated frozen blueberries sold by the grocery chain caused the death of a woman and hospitalized her son.The wrongful death lawsuit alleges Karla Mullins became sick after eating GreenWise Organic frozen blueberries purchased from a Publix store on Ulmerton Road in Largo. Her son ate the same product and was hospitalized after also becoming sick, according to the complaint.Mullins died June 20, the lawsuit sa
  
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• LARRY KUDLOW: Getting rid of the IRGC and the Houthis is better than a Diesel price control ban

  24-09-2026 00:16 via foxbusiness.com
  
  Price controls are always a bad idea. They create shortages, profit losses, and eventually much higher prices when the controls are finally lifted. So this administration idea of a diesel export ban, is a problem if it really goes through.Think of it this way, President Trump would be taking some number of barrels per day of diesel fuel off the market. That’s what a ban is. I don’t know the exact numbers, but the American Petroleum Institute says that of the 8 million barrels of dies
  
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• Adidas becomes Unrivaled's official uniform and performance apparel partner in multiyear partnership

  24-09-2026 00:13 via foxbusiness.com
  
  As the Unrivaled women’s basketball league continues to grow, Adidas is jumping on board with a multiyear partnership to become its official uniform and performance apparel partner. The fast-growing women’s 3-on-3 league, founded by WNBA stars Breanna Stewart and Napheesa Collier, will now be outfitted with Adidas’ gear, while introducing a broader assortment of officially licensed merchandise, including authentic jerseys and lifestyle collections, to fans. Adidas wil
  
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• Effective AI governance doesn't slow innovation, AI expert tells House panel

  23-09-2026 23:58 via foxbusiness.com
  
  A House panel held a hearing on Wednesday to discuss the need for the U.S. and China to responsibly pace artificial intelligence (AI) development ahead of this week's meeting between President Donald Trump and Chinese President Xi Jinping.The House Select Committee on the Strategic Competition Between the U.S. and the Chinese Communist Party held a virtual shadow hearing led by Ranking Member Ro Khanna, D-Calif., with a focus on calls for controlling AI development to address risks like the loss
  
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• Cineplex may be going up for sale, company says in announcement of new CEO

  23-09-2026 22:43 via cbc.ca
  
  Cineplex is considering a potential sale, the company revealed in a statement announcing former Landmark Cinemas head Bill Walker as its new CEO. While it said the board is confident in the company’s future prospects, it is evaluating all avenues.
  
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• Anthropic, OpenAI CEOs warn AI could threaten humanity without safeguards

  23-09-2026 22:23 via foxbusiness.com
  
  The CEOs of two of the world's leading AI companies warned the United Nations Security Council on Wednesday that rapidly advancing AI could threaten humanity if governments and industry fail to keep it under human control.Anthropic CEO Dario Amodei said AI has enormous potential but also carries significant risks if it is not developed responsibly."If managed poorly, I even believe AI could be a risk to humanity as a whole," Amodei told the 15-member council during a special meeting on AI held a
  
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• Cracker Barrel upgrading 3 popular dinner items as chain completes 26-store property deal

  23-09-2026 21:44 via foxbusiness.com
  
  Cracker Barrel is upgrading three of its most popular dinner offerings while separately using proceeds from a real estate transaction involving 26 company-owned restaurants to reduce debt and support future growth.The Lebanon, Tennessee-based chain said Wednesday that it plans to improve the quality of its chicken, hamburger and steak dinners, calling dinner its "biggest opportunity" as it works to improve guest satisfaction."We are making investments to improve food quality," President and CEO
  
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• Former MLB All-Star Albert Pujols backs AI revolution, says it's 'great for baseball'

  23-09-2026 20:38 via foxbusiness.com
  
  Albert Pujols is embracing baseball's technology-driven changes, arguing that a new way to challenge ball-and-strike calls could give players another chance when a game is on the line.The former MLB All-Star joined FOX Business’ Stuart Varney on "Varney & Co." to discuss the Automated Ball-Strike (ABS) Challenge System, which allows batters, pitchers and catchers to contest ball-and-strike calls, and how changes to the game could benefit fans.The system gives batters, pitchers and catc
  
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• McDonald’s to spend $8.5B on revamping restaurants, tech and franchise support

  23-09-2026 19:36 via foxbusiness.com
  
  McDonald's on Wednesday announced new details as part of its long-term growth strategy, which will include a focus on upgrading restaurants and staff training, at an investor day at the corporate headquarters in Chicago.The fast-food giant announced its NEXT growth and productivity strategy in June and outlined plans to implement changes throughout its system.McDonald's said that to speed up the modernization of restaurants, deployment of technology and other operational improvements, it plans t
  
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• Tech giant CEO announces she will attend Trump-Xi state dinner

  23-09-2026 18:51 via foxbusiness.com
  
  As U.S. leadership in artificial intelligence (AI) and the semiconductor industry remains a central economic and national security issue, Advanced Micro Devices (AMD) Chair and CEO Lisa Su said she will attend President Donald Trump's state dinner for Chinese President Xi Jinping."I'm honored to say that I will be at the dinner tomorrow night," Su told FOX Business' Liz Claman in a fireside chat on Wednesday during a trip to the New York Stock Exchange celebrating women in business. "It is an ho
  
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• Is it unprofessional to bring iced coffee to a job interview? Gen Z is being dragged for it

  23-09-2026 17:26 via cbc.ca
  
  The debate has divided the internet and generations, with some saying that bringing a beverage to a job interview projects an unserious attitude, and others defending their right to remain caffeinated.
  
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• The NSLC has gone through about 90% of its American alcohol stockpile

  23-09-2026 11:00 via cbc.ca
  
  When Nova Scotia's Crown-run alcohol retailer and distributor pulled American booze from the shelves last year, it worked out to about $15 million worth of more than 600,000 units of product. While sales have resumed, there's only about $1.5 million of product left.
  
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• National Grocers Association CEO warns America could be left with just 'five or six national chains'

  23-09-2026 08:48 via foxbusiness.com
  
  Independent grocers are facing mounting pressure from national retailers, with the head of the National Grocers Association warning that weak competition could eventually leave Americans with only a handful of major grocery chains.Greg Ferrara, president and CEO of the National Grocers Association, told FOX Business that independent stores are fighting to maintain access to products and competitive terms in an increasingly consolidated industry.He warned that America was approaching an "inflecti
  
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• New York overtakes San Francisco Bay Area as largest US tech talent market by workforce size

  23-09-2026 05:52 via foxbusiness.com
  
  New York has overtaken the San Francisco Bay Area as the nation's largest tech talent market by workforce size for the first time, as the artificial intelligence boom helps reshape where technology companies are hiring and expanding.CBRE's 2026 Scoring Tech Talent report found that New York's tech workforce grew by 30,640 workers between 2022 and 2025 to 394,300, while the San Francisco Bay Area's tech workforce shrank by 23,900 to 375,730.Fran Loftus, chief experience officer at New York-based
  
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• Jaguar Land Rover recalls 23,000 SUVs over risk of sudden drive power loss

  23-09-2026 03:44 via foxbusiness.com
  
  Jaguar Land Rover expanded an existing recall to include an additional 23,677 vehicles over an electronic system error that may lead to the loss of drive power and exterior lighting, according to federal regulators.About 23,677 vehicles are affected by the recall, including 2021-2024 Land Rover Range Rover Velar, 2019-2024 Land Rover Range Rover Sport, 2020-2024 Land Rover Range Rover Evoque, 2020-2024 Land Rover Range Rover, 2021-2024 Jaguar F-Pace, 2021-2024 Jaguar E-Pace, 2020-2024 Land
  
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• Two Maryland malls set to enact juvenile curfews after violent incidents

  23-09-2026 03:11 via foxbusiness.com
  
  Two shopping malls in Maryland will begin enforcing a juvenile curfew next week after a string of violent incidents at the properties.Westfield Montgomery in Bethesda and Westfield Wheaton said the new policy will take effect Monday, Sept. 28. Under the rules, anyone younger than 18 must be accompanied by an adult to enter either mall after 3 p.m., according to FOX 5 DC.Security officers will enforce the policy through ID checks, and anyone under 18 without an accompanying adult will be required
  
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• Check your freezer: Popular Walmart item recalled over possible listeria risk

  23-09-2026 02:23 via foxbusiness.com
  
  Walmart shoppers are being urged to check their freezers after a supplier recalled certain packages of Bettergoods pasta sold nationwide over potential listeria contamination.Gias Foods Inc. is recalling two lots of Bettergoods Authentic Italian Lemon Alfredo Fettuccine distributed at Walmart stores across the country, according to a company announcement posted by the Food and Drug Administration. The recalled pasta is sold frozen in 22-ounce yellow plastic packages under Walmart's Bettergo
  
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• The Laughing Cow ditches iconic smile and teases cheese shoppers with cryptic message on packaging

  23-09-2026 01:55 via foxbusiness.com
  
  The Laughing Cow is no longer laughing and shoppers want to know what wiped the iconic grin off her face.For the first time in more than 100 years, the laughing red cow has traded her trademark smile for a somber expression on select packages of The Laughing Cow Creamy Original cheese wedges rolling out nationwide.The surprise makeover is part of a mysterious new campaign dubbed "The Not Laughing Cow," but the company is keeping shoppers guessing about what wiped the smile from its mascot’
  
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