Business

KFC is launching what it calls its "next chapter" globally, rolling out new menu items, redesigned restaurants and refreshed branding as the fast-food giant looks to strengthen its position in the increasingly competitive chicken market.The Yum Brands-owned chain said Monday that the initiative will eventually touch its more than 34,000 restaurants across over 150 countries. KFC noted that a new restaurant opens somewhere in the world roughly every 3.5 hours."As […]

In a move to capture the dual market forces of live broadcast television and digital streaming, Fox Corporation on Monday announced it is acquiring Roku, Inc. for $160.00 per share in a deal valued at an enterprise value of $22 billion. The combination pairs FOX's live entertainment, news and sports portfolios — including The Tubi service, the NFL, MLB and FOX News Media — with the top television streaming platform in […]

France must drop its tax on American technology or face a 100% tariff on its wine, President Donald Trump warned hours before departing for the Group of Seven Summit.The U.S. will "have no choice" but to apply the tariffs if French President Emmanuel Macron does not end its 3% levy on large digital services companies."I asked him not to charge American companies, and if they do, I have no choice […]

New York Knicks fans are making up for lost time.The Knicks won their first NBA championship in 53 years on Saturday night after years of hope, heartbreak, and facepalms.But the wait was well worth it, and fans are making sure this year’s run is remembered forever. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COMKnicks championship gear broke Fanatics’ record for the most sold by any title winner in the four major […]

Porsche is bringing Disney and Pixar’s "Toy Story" characters to life on four wheels.The luxury automaker unveiled three one-of-one Porsche 911 models inspired by Woody, Buzz Lightyear and Jessie at the Los Angeles world premiere of Disney and Pixar’s "Toy Story 5."The custom cars were created by Porsche’s Sonderwunsch department – German for "special wishes" – which serves as the company’s personalization program.The trio will be sold as part of […]

New York Knicks star Jalen Brunson may be the king of the city after leading the team to their first championship since 1973, but he still has a lot of love for Texas.Brunson was asked about his streak of winning championships in Texas, dating back to his national championship victory at Villanova. He also started his career with the Dallas Mavericks, giving the Lone Star State a special place in […]

Federal health officials are urging parents to immediately stop using a popular organic infant formula after three babies were hospitalized with botulism in a multistate outbreak linked to the product.The Centers for Disease Control and Prevention said all three infants consumed Nara Organics Whole Milk Organic Infant Formula before becoming ill.The babies, who ranged in age from 2 to 5 months, were hospitalized and treated with BabyBIG, the FDA-approved treatment […]

The Food and Drug Administration (FDA) has classified a recall of more than 900 cases of Alfredo sauce at its highest risk level after a supplier recalled a dry milk powder ingredient used in the product due to potential salmonella contamination.The FDA designated the recall as a Class I event, its most serious classification, meaning there is a reasonable probability that use of or exposure to the product could cause […]

Sam Bankman-Fried, the former crypto billionaire convicted of fraud in 2023, lost an appeal to overturn his conviction and 25-year prison sentence Friday, Reuters reported. A New York jury found Bankman-Fried guilty on two charges of wire fraud and five conspiracy counts in November 2023 for his actions while running FTX, a cryptocurrency exchange that declared bankruptcy in 2022 after once being valued at more than $26 billion.Bankman-Fried pleaded his case […]