Business

Seventy-nine billion dollars. That’s the official estimate of the destruction left behind by Hurricane Helene as the first anniversary of the storm is marked this weekend in communities across the southeast.North Carolina bore the brunt of the storm. The death toll of 108 was the highest of any state, and the damage of $59 billion was three-quarters of the storm’s total. Official totals, though, can’t begin to describe all the […]

More than one million kitchen appliances have been recalled due to posing a burn hazard.Seven different model numbers of Oster French Door Countertop Ovens sold at major retailers in the U.S. and Canada are impacted, according to the recall notice on Oster's website. "Out of more than 1.2 million units in use, fewer than 100 injury reports have been received, and these injuries involved burns consistent with everyday kitchen use and […]

Americans are paying more for their coffee as prices for the caffeinated commodity are near record levels due to global production headwinds and higher costs from imported coffee exposed to tariffs.The most recent edition of the consumer price index (CPI) released by the Bureau of Labor Statistics showed that coffee prices were up 20.9% from a year ago in August and rose 3.6% on a monthly basis. That's the highest annual […]

State Street Investment Management and the Women’s National Basketball Association (WNBA) recently announced they entered a multi-year partnership, naming the Boston-based firm as the league’s official investment management partner.Under the partnership, State Street Investment Management took on the role of title sponsor of the WNBA Preseason and the WNBA Coach of the Year Award, and is also the presenting partner of "Year 1," a rookie-focused content series. The investment banking […]

The estimated price tag for building former President Barack Obama's presidential center in Chicago has reportedly soared to $850 million — nearly triple the original $300 million estimate first proposed when the project was conceived.The Obama Foundation reported it had already spent more than $615 million on the Obama Presidential Center, which is located in Jackson Park on the city’s South Side, as of late 2024, the Chicago Tribune reported.EPA […]

Business has reportedly been booming for American Hat Company – a Texas-based cowboy hat manufacturer – since the 2018 launch of the hit Western TV series "Yellowstone."Founded in 1915 and headquartered in Bowie, Texas, the company specializes in handmade felt and straw cowboy hats offered in a range of trims, colors and shapes. Demand has soared so high that the business is now years out on orders, according to company […]

Harrods Ltd., a luxury department store in London, confirmed some customer information was stolen in a data breach, as part of a wider wave of cyberattacks on U.K. businesses this year.The stolen data — which included names and contact information for some customers — was taken from the systems of a third-party provider, a Harrods spokesperson told FOX Business in an email."We have been notified by one of our third-party […]

American Airlines launched more high-end products and services, from amenity kits to serving Champagne Bollinger, as the industry continues to court premium travelers. As demand for economy seating continues to lag, airlines are pouring resources into upgrades for business and first-class to maximize returns from travelers willing to pay more. Over the past year, many of the major U.S. carriers, including American, announced plans to upgrade their suites with a variety […]

After being caught off guard by Coldplay’s famous kiss cam at a July concert in Massachusetts, the list of so-called players has grown beyond the married co-workers caught in an embrace with each other, not their spouses. More recently, new developments have come to light, including a twist about what might have really happened that night.FOX Business takes a look at the individuals connected to the shot that went viral around […]