Business

Warner Bros. Discovery, Inc.'s board of directors urged shareholders to reject Paramount Skydance’s hostile takeover bid for the company, arguing that it poses "significant" risks and costs. The media behemoth said Wednesday that members of its board determined that the tender offer from Paramount Skydance was "not in the best interests" of the company or its shareholders, and that they continue to "unanimously" recommend the Netflix merger.Warner Bros. Discovery agreed to […]

The skilled trades workforce, critical to keeping the country's infrastructure and economy running, is rapidly declining.While many companies are working to address the shortage, General Motors has invested hundreds of millions of dollars to build its own pipeline of future workers.Over the past five years alone, the automaker has invested more than $242 million in its skilled trades apprenticeship program, which is geared toward training the next generation of skilled […]

A voluntary recall has been issued for pints of a non-dairy frozen dessert over the potential presence of small stones and other hard objects, according to the Food and Drug Administration.Danone U.S. issued the recall on Monday for pints of its So Delicious Dairy Free Salted Caramel Cluster Non-Dairy Frozen Dessert with best-by dates before Aug. 8, 2027, that were sold at retail stores across the country.The recall only impacts […]

A lot of numbers came out today, as the government gears up after the shutdown. One of the biggest themes in the jobs report for October and November was the continued restructuring of the economy, where Joe Biden’s big government socialism is coming to an end. And President Trump’s re-privatization continues ahead.So far this year, federal jobs have fallen by roughly 270,000, while private jobs have increased nearly 700,000. Also […]

While Christmas is nearly a week away, there is still time to get packages shipped to arrive on time before the holiday. However, those shipping deadlines are rapidly approaching. Each year, the major package delivery carriers post the deadlines that a package or mail needs to be shipped out to arrive by Christmas Eve. The deadlines vary depending on the specific shipping method.   With the deluge of packages expected during the […]

Ford CEO Jim Farley announced the company is cutting production of the electric F-150 Lightning and refocusing its investment on hybrid vehicles and affordable EVs.The Detroit automaker announced the move on Monday and explained it will take a $19.5 billion charge on its EV assets and product roadmap. The change will bring about roughly $5.5 billion in cash effects with the majority paid in 2026 and the remainder in 2027.Farley appeared […]

iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday and is pursuing a buyout from its primary manufacturer in China after the company's acquisition by Amazon was blocked over a year ago on antitrust grounds.iRobot first raised concerns about its ability to remain in business in March and filed for Chapter 11 bankruptcy protection in a Delaware bankruptcy court on Sunday as it faces competition from […]

Cava sets itself apart from rivals with a unique strategy: No discounts.The Mediterranean chain, which has launched hundreds of locations nationwide since its founding nearly a decade ago, is sticking to this strategy, maintaining that it doesn’t need discounts to generate short-term traffic.Co-founder and CEO Brett Schulman told FOX Business that companies can get into a "short-term trap" of throwing discounts to drive transaction growth in the short term. Public […]

The Kraft Heinz Co. announced on Tuesday that former Kellanova CEO Steve Cahillane will take over next year before the food giant splits into two separate publicly traded companies.   Cahillane will take over as CEO effective Jan. 1, succeeding Carlos Abrams-Rivera, who will still serve as an advisor to the company until March to ensure a seamless leadership transition. When the companies split later in the year, Cahillane will lead the […]