Business

A tradition of celebrating failure, plus the freezing weather that blankets this Nordic nation for much of the year, are among the unlikely key ingredients to its tech success. Over the past 15 years, Finland has seen a huge expansion of data centers, which need icy cold water to keep vast server farms from overheating. One of the biggest investors is Google, which has pumped more than $4.5 billion into Finland, primarily […]

Quincy Jones' Los Angeles home is looking for its new owner.The record producer and composer's Bel Air estate is on the market for $59.9 million in partnership with listing agents David Kramer and Andrew Buss of the David Kramer Group at Compass.He moved into the home in the early 2000s, following years of construction. He lived there until his death in November 2024 at the age of 91 from pancreatic […]

President Donald Trump on Friday touted the steel deal that will allow Nippon Steel to invest in U.S. Steel without an outright acquisition of the company during a rally with steelworkers in West Mifflin, Pennsylvania.Nippon Steel initially proposed buying U.S. Steel in 2023 for $14.9 billion, but the deal was put on hold due to political opposition. Former President Joe Biden blocked the deal on national security grounds in January before leaving […]

According to sources, a stern President Trump took Fed head Jerome Powell to the woodshed yesterday in their Oval Office meeting. Of course, Mr. Trump wants the Fed to lower its target rate. And equally, of course, Powell has stubbornly avoided any policy changes. But you know what? Trump is right on this one. The latest inflation report out today shows the Fed's favorite measure, the personal consumption deflator, has risen […]

Solo and business-class travelers are paying more for airline tickets on major U.S. carriers than group travelers, according to a recent report.Flight deal analysts at Thrifty Traveler, a flight alert service, recently analyzed hundreds of daily routes and discovered that American Airlines, United Airlines and Delta Air Lines are all charging solo travelers higher fares.To illustrate their findings, they searched for a one-way United flight from Chicago's O'Hare International Airport […]

President Donald Trump lauded Elon Musk in a Friday afternoon press conference as the billionaire businessman stepped back from the Department of Government Efficiency (DOGE). The president said Musk "has worked tirelessly, helping lead the most sweeping and consequential government reform program in generations." Musk "willingly accepted the outrageous abuse and slander and lies and attacks" while working at DOGE "because he does love our country," Trump said, adding that Americans "owe […]

United Airlines CEO Scott Kirby said flights out of New Jersey's Newark Liberty International Airport this summer will be the cheapest in the airline's history as the airport recovers from air traffic control outages and faces limited capacity with one runway under construction.Kirby said passengers can expect the highest on-time performance at Newark compared to all the New York area airports this summer because the Federal Aviation Administration (FAA) reduced […]

Victoria’s Secret’s website is back online after the retailer had to take it down earlier in the week to deal with a "security incident." The lingerie retailer’s website was operational on Friday."Our website is back online and we appreciate our customers’ patience," a Victoria’s Secret spokesperson confirmed to FOX Business. "We’re happy to welcome customers back to the site and continue to serve them at our Victoria’s Secret and PINK stores."The […]

The reconciliation bill working its way through Congress would eliminate the electric vehicle tax credit created under the Inflation Reduction Act. The removal of the credit, created to incentivize U.S. consumers to purchase electrified vehicles, would likely lead to a drop in EV sales and production. However, Tesla sales would likely remain largely unaffected, one expert predicts."Getting rid of this $7,500 tax credit should not impact [Tesla] sales," automotive expert […]