Business

A teething toy that has been sold on Amazon for years is being recalled after at least three reports of choking, according to the U.S. Consumer Product Safety Commission (CPSC).The GOPO TOYS Pull String Teething Toys "violate the mandatory standard for toys because the silicone strings are smaller and longer than permitted," the commission said in an alert. "The strings can reach the back of children’s throat and become lodged, posing a […]

Claude Guillemot, the co-founder of French video game giant Ubisoft, died Friday in a plane crash in La Baule, the company confirmed to FOX Business.Guillemot, 69, was one of two people aboard a twin-engine Cessna 421 plane, both of whom died in the wreck, according to a report from local newspaper Ouest-France.The French Atlantic coast town had a planned air show over the weekend, according to the outlet.ROBLOX CEO SAYS […]

Three Democratic senators have urged the Federal Communications Commission (FCC) to put the Paramount-Warner Bros. Discovery merger on pause over concerns about foreign investors controlling what would be one of the largest media companies in the United States.In a joint letter to FCC Chairman Brendan Carr, Sens. Cory Booker, D- N.J., Adam Schiff, D-Calif., and Elizabeth Warren, D-Mass., demanded he "must foreclose any attempt by Paramount to close this transaction" […]

The Department of Justice is investigating transactions tied to a business network linked to Iranian Supreme Leader Mojtaba Khamenei that reportedly had exposure to major U.S. financial institutions, according to a Bloomberg News report.Bloomberg reported federal investigators are examining how companies connected to Khamenei built a global investment portfolio with transactions involving Wall Street firms including JPMorgan Chase and Citigroup.The reported probe is part of a broader Justice Department investigation […]

Over the last year, Lauren Sánchez Bezos has become a key player in determining which organizations and causes get donations from Jeff Bezos' $10 billion climate change fund.According to Fortune, Sánchez Bezos has served as the vice chair of the Bezos Earth Fund since its early days in 2020, when she was the girlfriend of the Amazon multi-billionaire.The fund, the largest contribution any individual has ever made to the environment, […]

Americans' contributions to their 401(k) savings accounts hit record highs in 2025, according to a new report from Vanguard. Among employees with active 401(k) accounts in both December 2024 and December 2025, median account balances increased by 27%, according to the report, titled How America Saves 2026. Of those same participants, 94% saw an increase in their account balances, reflecting both a rise in contributions and strong returns from markets, according to […]

Mortgage rates fell this week to the lowest level in more than a month, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage declined to 6.47% from last week's reading of 6.52%. The average rate on a 30-year loan was 6.81% a year ago.INCOME NEEDED TO AFFORD A MEDIAN-PRICED HOME HAS NEARLY DOUBLED SINCE 2020, REPORT […]

M&M's makers Mars will debut artificial dye-free candies in August in a Make America Healthy Again (MAHA)-compliant move after facing pressure from Health and Human Services (HHS) Secretary Robert F. Kennedy Jr.But while the classic candy-maker was able to use natural sources like beets or turmeric to replicate colors like red and yellow, shades of blue have proven considerably more difficult and expensive to recreate naturally. Mars has been replicating blue […]

A new report on the U.S. housing sector finds that activity remains subdued through the first part of the year as high costs suppress demand.The Joint Center for Housing Studies of Harvard University released its annual "State of the Nation's Housing" report on Wednesday, which found that existing home sales remain near the lowest level in three decades that was first reached in 2023.Sales of new homes remained relatively unchanged, […]