Business news

• Microsoft says its AI tool outperforms generalist doctors in complex diagnoses

  23-10-2026 21:22 via Latest Business News on Fox Business
  
  Microsoft researchers said in a study that a new artificial intelligence (AI) tool that can diagnose patients step by step, as a doctor would, was more than twice as accurate as general physicians at solving complex medical cases.The study, published Thursday in Science, said the AI model takes a different approach to diagnosing medical issues than most other models that seek to address those issues.Microsoft said the AI model identifies and coordinates the questions that should be asked of a pa
  
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• Microsoft gives voluntary buyout offer to about 60,000 employees

  26-10-2026 20:41 via CBC | Business News
  
  Microsoft said on Monday it is offering voluntary buyouts to more than a quarter of its global workforce — including in Canada — as the technology giant looks to contain costs and help fund its ‌massive AI investments.
  
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• WestJet signs code-share partnership deal with Qatar Airways

  26-10-2026 20:11 via CBC | Business News
  
  Under the agreement, WestJet will start by placing its airline code on Qatar Airways' non-stop flights to Doha from Toronto and Montreal.
  
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• High Liner Foods to be bought by Umios in deal valued at $804M

  26-10-2026 16:07 via CBC | Business News
  
  The companies say Umios plans to establish High Liner Foods as the core platform for its North American business, while maintaining its headquarters in Nova Scotia.
  
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• Anthropic files for potentially biggest IPO ever, even as CEO warns of AI risks to humanity

  26-10-2026 15:20 via CBC | Business News
  
  Artificial intelligence giant Anthropic filed papers on Monday for what could be the biggest initial public offering of stock ever.
  
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• AI giant Anthropic files papers to sell shares to the public for 1st time

  26-10-2026 15:20 via CBC | Business News
  
  Artificial intelligence giant Anthropic filed papers on Monday for what could be the biggest initial public offering of stock ever.
  
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• The Bank of Canada's inflation dilemma

  26-10-2026 09:00 via CBC | Business News
  
  Canada's economy is weak, but inflation is rising. The Bank of Canada has to choose which problem to take on. Raising interest rates will weaken the economy further while lowering rates would make inflation worse. The central bank decides what to do on Wednesday.
  
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• Claude AI accessed publicly available Georgia voter data, Anthropic confirms

  26-10-2026 01:00 via Latest Business News on Fox Business
  
  Anthropic's Claude AI model accessed publicly available voter data through Georgia's data hub, state officials and the company confirmed to FOX Business on Sunday.The Georgia Secretary of State's office stressed that the bot did not access a voter file or the state's voter registration system."This was publicly available data accessed through our data hub. It did not get into the voter registration system," Georgia Deputy Secretary of State Jordan Fuchs said in a statement to FOX Business.Anthro
  
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• GM expands ‘eyes-off’ autonomous driving plans to pickups and SUVs

  25-10-2026 22:59 via Latest Business News on Fox Business
  
  General Motors is expanding its autonomous driving technology to more of its vehicles as the automaker invests in AI and software that could become a growing source of revenue.The automaker said Wednesday at its "GM Forward" event that it plans to expand "eyes-off" autonomous driving to pickup trucks, crossovers and large SUVs after the technology debuts in the Cadillac Escalade IQ in 2028."We're changing what it means to drive, and transforming your car into an intelligent partner that makes yo
  
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• Explosion, fire blast through Iowa Quaker Oats plant

  25-10-2026 12:48 via Latest Business News on Fox Business
  
  An apparent explosion sparked a fire at a massive Quaker Oats plant in Iowa on Saturday, sending thick black smoke billowing over downtown Cedar Rapids as firefighters rushed to the facility billed as the world's largest oat mill.No injuries were reported, and all workers were safely accounted for, according to local officials.The Quaker Oats plant is the world's largest milling facility, processing more than 2 million pounds of oats each day, according to the company's website.FIREFIGHTERS SAVE
  
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• CEO SUNDAY: Atomic Wings CEO shares his journey from Wall Street to the restaurant business

  25-10-2026 12:00 via Latest Business News on Fox Business
  
  Atomic Wings CEO Zak Omar says there is one habit that has helped him become a better leader: looking back at what went right, confronting what went wrong and identifying ways to improve."At the end of every week, I look at what we've done well and what we failed at, or, what mistakes we made," Omar said. "Learning from your failures leads to greater success in the future."But Omar doesn't spend too much time celebrating wins. Instead, he focuses on what the company can do better.That approach h
  
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• Trump reveals Audi's ambitious plans for a major expansion in the US

  25-10-2026 05:02 via Latest Business News on Fox Business
  
  President Donald Trump announced a massive $4.2 billion investment by German automaker Audi during a campaign rally in Georgia on Saturday, touting plans for a new manufacturing plant that he said would produce 200,000 vehicles annually.Speaking during a campaign event in Perry, Trump said construction on the new plant could begin as early as next month."Today I'm thrilled to announce a massive auto manufacturing investment in the great state of Georgia by a fantastic company," Trump said. "Audi
  
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• First Russian diesel tanker heads to New York after Trump's deal with Putin to lower fuel prices

  24-10-2026 23:48 via Latest Business News on Fox Business
  
  The first tanker with 40,000 tons of diesel left for New York from Russia earlier this week following President Donald Trump’s deal with Russian President Vladimir Putin to release millions of tons of diesel into the global supply, Fox News has reported.This comes as diesel has shot to more than $6 per gallon in the U.S."The first oil tanker has sailed off to customers, and regular supplies will continue," Kremlin spokesperson Dmitry Peskov said on Friday.TRUMP TRIES DIFFERENT APPROACH WITH RU
  
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• Ukraine regains critical Starlink service after restrictions disrupt drone operations

  24-10-2026 17:37 via Latest Business News on Fox Business
  
  Ukraine's Ministry of Defense announced Saturday that it had regained broader access to Starlink, a critical service for military drones, battlefield communications and other fast-moving equipment.The restoration comes after more than a week of speed restrictions on SpaceX's Starlink and Starshield services that disrupted Ukraine's war effort against Russia.It remains unclear what led to the slowdown in service, with Ukraine having accused both President Donald Trump and SpaceX CEO Elon Musk of
  
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• Live music hits a massive 'Dynamite' milestone; I found out why in a small Austin club

  24-10-2026 16:00 via Latest Business News on Fox Business
  
  I have a soft spot for hard rock. So, I find myself in one of Austin’s live music clubs listening to a band on the tail end of their world tour.A guitarist is under the stage lights at Come and Take It Live, swaying and concentrating, the strains of a Stevie Ray Vaughan classic floating from the amps. The night air crackles. The rapt audience takes it in, applauding as the guitarist moves gracefully through the soulful notes. If you’ve played a musical instrument of any kind at any skill le
  
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• Live music hits a massive 'Dynamite' milestone – I found out why in a small Austin club

  24-10-2026 16:00 via Latest Business News on Fox Business
  
  I have a soft spot for hard rock. So I find myself in one of Austin’s live music clubs listening to a band on the tail end of their world tour.A guitarist is under the stage lights at Come and Take It Live, swaying and concentrating, the strains of a Stevie Ray Vaughan classic floating from the amps. The night air crackles. The rapt audience takes it in, applauding as the guitarist moves gracefully through the soulful notes. If you’ve played a musical instrument of any kind at any skill leve
  
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• GOP firebrand Luna joins California Democrat Khanna in surprising push to overhaul workplace rules

  24-10-2026 15:00 via Latest Business News on Fox Business
  
  FIRST ON FOX: Rep. Anna Paulina Luna, R-Fla., and Rep. Ro Khanna, D-Calif., jointly introduced a bill which would ban companies from imposing non-compete agreements on employees who make less than $100,000 a year, according to the bill text which Fox News Digital has obtained exclusively."This is something that people should easily be able to get behind," Khanna told Fox News Digital in an interview. Khanna highlighted the bipartisan nature of the bill, claiming that Vice President JD Vance has
  
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• US oil company holds key to Trump's Greenland drilling ambitions

  24-10-2026 12:00 via Latest Business News on Fox Business
  
  An American company says it's positioned to tap into a potentially massive oil prospect in Greenland next year, following President Donald Trump's announcement that resource exploration "is getting ready to begin" on the Arctic island.Greenland Energy Company is in the permitting process to drill its first well in 2027 in eastern Greenland, according to CEO Robert Price. The company claims that its project, in partnership with British company 80 Mile, holds the sole oil permits for exploratory d
  
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• Trump praises Elon Musk as a 'genius' while defending him against potential Democratic probes

  24-10-2026 09:05 via Latest Business News on Fox Business
  
  President Donald Trump defended Elon Musk Friday when asked whether he was concerned Democrats could target the billionaire if they gain control of Congress, saying there was an obligation to "protect our brilliant people."When asked by FOX Business White House correspondent Edward Lawrence if he was worried that Democrats could go after Musk, Trump said Americans had a responsibility to protect the Tesla and SpaceX CEO."Elon's a brilliant guy, and I have an expression: We have to protect our br
  
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• Ken Griffin warns Paris riots should be 'wake-up call' for Americans

  23-10-2026 23:52 via Latest Business News on Fox Business
  
  Citadel CEO Ken Griffin issued a warning that the riots that have occurred in Paris and other cities in France should serve as an example to young Americans that socialist policies aren't the utopia that some describe.The billionaire hedge fund manager spoke during a panel discussion at Citadel Securities' recent Future of Global Markets Conference and said that the chaos on the streets in France exemplifies where the road to socialism leads."If you want to look at where socialism leads you to,
  
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• Trump announces $275M nursing-home nurse initiative at Florida midterm rally

  23-10-2026 23:39 via Latest Business News on Fox Business
  
  President Donald Trump announced on Friday a new $275 million initiative to recruit and retain nurses in nursing homes during a rally in Fort Myers, Florida, calling the effort "breaking news for the benefit of American seniors."The Nurses for Nursing Homes program is expected to support more than 4,000 nurses nationwide, according to a formal announcement from the Department of Health and Human Services (HHS) and the Centers for Medicare & Medicaid Services (CMS)."Today I have breaking news
  
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• Loblaw CEO apologizes to 2 million shoppers for personal data hack, offers free credit monitoring

  23-10-2026 21:07 via CBC | Business News
  
  The CEO of Canada’s largest grocery retailer is apologizing to about two million shoppers for a data breach earlier this year.
  
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• Consumer agency says unclear bank fees can add up for customers

  23-10-2026 20:50 via CBC | Business News
  
  Financial Consumer Agency of Canada says the bigger picture on how much Canadians pay in bank fees might be more murky than it should be, with foreign exchange fees and fees based on usage adding up for less wealthy Canadians in particular.
  
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• Trump to swap some tariffs on Canadian goods amid midterm pressure

  23-10-2026 20:44 via CBC | Business News
  
  U.S. President Donald Trump is poised to lift tariffs on some Canadian products — and hit others with new duties — as Republicans in border states lobby for relief from trade actions that have put them in a shaky political position ahead of November's midterms.
  
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• Trump to exempt some Canadian products from tariffs amid midterm pressure

  23-10-2026 20:44 via CBC | Business News
  
  U.S. President Donald Trump is poised to lift tariffs on some Canadian products as Republicans in border states lobby for relief from trade actions that have put them in a shaky political position ahead of November's midterms.
  
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• American Airlines says airfares could stay elevated even if fuel prices drop

  23-10-2026 18:12 via Latest Business News on Fox Business
  
  American Airlines issued a warning that airfares are likely to remain elevated even if there's a decline in oil prices after losses the carrier suffered earlier in the year amid surging fuel costs.The carrier's CFO, Devon May, told the Financial Times that "if fuel comes down, I think airfares probably stay largely where they're at right now.""If fuel prices go up, we need to generate higher yield, we need to generate higher fares to offset that higher fuel price," May said.American Airlines on
  
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• Canadian planemaker Bombardier to spend $270M US expanding in 4 states

  23-10-2026 15:37 via CBC | Business News
  
  The company says it will add some 800 jobs and has earmarked millions to expand in Kansas, Indiana, Texas and Connecticut. U.S. President Donald Trump indicated the expansion was coming in a social media post on Thursday — after he walked back earlier threats to prevent Bombardier from selling in the U.S.
  
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• Canadian planemaker Bombardier investing $270M in U.S. expansion

  23-10-2026 15:37 via CBC | Business News
  
  The company says its looking to hire for 500 roles and plans to add 300 more as it expands in Kansas, Indiana, Texas and Connecticut. U.S. President Donald Trump indicated the expansion was coming in a social media post on Thursday — after he walked back earlier threats to prevent Bombardier from selling in the U.S.
  
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• Jetmaker Bombardier doubles down on US investment in deal touted by Trump

  23-10-2026 13:43 via Latest Business News on Fox Business
  
  FIRST ON FOX: Canadian jetmaker Bombardier announced Friday it is "expanding in America" and "creating thousands of jobs" as part of a $270 million investment deal touted by President Donald Trump. The development comes after Trump said in September that Bombardier should no longer be allowed to sell its planes in the United States unless it manufactures them domestically. "Bombardier is expanding its presence across the country, hiring 800 people for jobs located in its home base of Kansas
  
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• How Congress could address Social Security insolvency – and the hidden cost

  23-10-2026 13:00 via Latest Business News on Fox Business
  
  Social Security is expected to reach insolvency within a decade, and with the key safety net program facing the prospect of automatic benefit cuts when that occurs, a critical debate over the cost of replacing that revenue could be obscured by a budget rule.Kent Smetters, faculty director of the Penn Wharton Budget Model, spoke exclusively with FOX Business about a new report that details how federal budget rules assume Social Security benefits would be paid in full using general revenue transfe
  
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