Business

Berkshire Hathaway CEO Warren Buffett announced Friday that he is donating another $6 billion of the company’s stock to the Gates Foundation and four family charities.It marks his biggest annual donation since he began giving away his fortune in 2006 when he pledged to give away the bulk of his fortune to charity, primarily through five foundations.Buffet, 94, is donating 9.43 million shares to the Gates Foundation; 943,384 shares to the […]

Darden Restaurants is looking to open more Olive Garden and LongHorn Steakhouse restaurants. CFO Rajesh Vennam said during Darden’s fourth-quarter earnings call that the parent company is "probably going to have 40 to 45 openings" between the two chains "next year."Darden operated over 930 Olive Garden locations as of late May, when its fiscal 2025 year ended. Meanwhile, the restaurant count of company-owned LongHorn Steakhouses stood at over 590. Ruth’s Chris, Cheddar’s […]

Bella Thorne's Los Angeles home is ready for a new owner.The former Disney Channel star has placed her home in Topanga Canyon on the market for $3.9 million, in partnership with listing agent Jason Oppenheim of The Oppenheim Group.The property includes a 6,679-square-foot main house, which consists of five bedrooms and a three-car garage, with a smaller 945-square-foot guest house adjacent to it. The guest house includes a bedroom, kitchen […]

New York City's role as one of the most important economic hubs in the U.S. could face negative challenges as a leading contender for the city's upcoming mayoral election is running on a platform calling for socialist policies.The presumptive victory of New York State Assemblyman Zohran Mamdani in the Democratic Party primary for the New York City mayoral race over former Gov. Andrew Cuomo and comptroller Brad Lander, has made […]

OTTAWA - Canada will proceed with a digital services tax (DST) on technology companies, which President Donald Trump called "a direct and blatant attack on our country" in a Truth Social post on Friday in which he said that his administration was "terminating ALL discussions on Trade with Canada effective immediately."On Friday, Canadian Prime Minister Mark Carney’s office issued a one-line response to the president’s announcement."The Canadian government will continue […]

Jeff Bezos and Lauren Sánchez are capping their roughly two-year engagement with an elaborate three-day wedding celebration in Venice, Italy.The billionaire Amazon founder asked for her hand in marriage in May 2023 with an eye-popping diamond engagement ring. Sánchez's engagement ring boasts a huge pink diamond, according to Vogue. JEFF BEZOS, LAUREN SANCHEZ'S RELATIONSHIP TIMELINE AHEAD OF LAVISH VENICE WEDDINGMike Fried, CEO of The Diamond Pro, told FOX Business the sparkling gem "appears to […]

The J.M. Smucker Co. joined a growing list of food giants that are pledging to eliminate FD&C artificial dyes from its products within the next two years, aligning with the Trump administration's goals of removing artificial colors from the nation's food supply.Smucker's said this commitment, announced Friday, will affect its sugar-free fruit spreads and ice cream toppings as well as certain products from its Hostess brand portfolio. The company also […]

General Motors is recalling nearly 62,500 Chevrolet Silverado pickups because their brake pressure sensor assembly could potentially leak and cause a fire.The recalled Chevrolet Silverado Medium Duty 4500HD, 5500HD and 6500HD pickups from model years 2019-2025 might "have a brake pressure sensor assembly that may allow brake fluid to leak beyond the diaphragm seal into the brake pressure switch," the automaker said in recall report submitted to the National Highway […]

President Donald Trump said on Friday that the U.S. is terminating all trade discussions with Canada.Trump cited Canada’s digital services tax on American tech companies as the reason for ending trade talks."They are obviously copying the European Union, which has done the same thing, and is currently under discussion with us, also. Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately," Trump […]