Business

Tyson Foods announced on Friday that it will close a major beef plant in Nebraska in January amid a decline in U.S. cattle supplies.The meatpacking giant is set to close a plant in Lexington, Nebraska, with about 3,200 employees. The company also said it will scale back its operations at a beef plant in Amarillo, Texas, moving to a single, full-capacity shift in a move that will affect about 1,700 workers.Those […]

FIRST ON FOX: Ahead of the Black Friday shopping rush, the House China Committee is demanding Amazon display the country of origin for every product it sells.In a letter to Amazon CEO Andy Jassy obtained by Fox News Digital, chairman John Moolenaar, R-Mich., and ranking member Raja Krishnamoorthi, D-Ill., urged Amazon to clearly identify the origin of its products, including listing what percentage of parts are U.S.-made and whether the […]

Major U.S. airlines have prepared contingency plans – some involving extra fuel stops – during the Thanksgiving holiday travel week, after a pipeline leak disrupted jet fuel deliveries to Seattle-Tacoma International Airport.The vital Olympic Pipeline, which carries gasoline, diesel and jet-fuel from refineries in northwest Washington to terminals in Seattle and parts of Oregon, including the Seattle‑Tacoma International Airport, was shut down after a leak was discovered earlier this month. The […]

With the Los Angeles Auto Show underway, the debate over the future of electric vehicles is taking the spotlight.Many manufacturers are touting their EV offerings, even after electric vehicle sales took a steep dip in October after the $7,500 federal tax incentive expired at the end of September.EV sales declined by nearly 60% nationwide in October, according to J.D. Power, and now represent just 5.2% of total monthly new vehicle […]

EXCLUSIVE: Amazon Web Services (AWS) on Monday announced a plan to build and deploy purpose-built artificial intelligence (AI) and high-performance computing for the U.S. government for the first time.AWS' announcement includes a commitment to invest up to $50 billion to expand the AI and supercomputing abilities available to the company's customers in the federal government.The investment is set to begin in 2026 and will add nearly 1.3 gigawatts of AI and […]

Federal Reserve Governor Christopher Waller said Monday that he recently met with Treasury Secretary Scott Bessent to discuss the nation’s economic outlook, amid growing speculation he could be chosen to lead the central bank."I talked to Scott about 10 days ago and we had a great meeting," Waller told FOX Business Network's Edward Lawrence. Waller added that the conversation was "straight about economics" and that his discussions with the administration […]

With a record of nearly 82 million Americans traveling domestically over Thanksgiving, AAA warned there will be crowds and congestion at airports and on roads. To handle what's typically a very chaotic time, experts at AAA advised that travelers arrive at the airport extra early to allow for parking and security. If possible, AAA also suggests that travelers should avoid checking a bag in the event that their flight is canceled.AAA […]

Commerce Secretary Howard Lutnick said Monday the Trump administration is confident it will win its trade case before the Supreme Court, which centers on new tariffs the White House says are needed to defend American manufacturing against unfair foreign competition."Tariffs are going to be a part of this administration's national security and national economic protection of the American people," Lutnick told FOX Business' Maria Bartiromo on "Mornings with Maria." "We are […]

Researchers with a consumer watchdog group said they discovered that an AI-powered talking teddy bear was capable of discussing inappropriate topics, including sexually explicit content and instructions for finding dangerous objects.The $99 Kumma bear, manufactured in China and marketed by Singapore-based FoloToy, is powered by OpenAI’s GPT-4o chatbot. According to a Nov. 13 report from the Public Interest Research Group (PIRG), the bear discussed spanking, roleplay and even BDSM."We were […]