Business

Italian restaurant chain Bertucci’s is closing more locations after filing for bankruptcy again to mitigate losses.The Massachusetts-based business, which has locations along the East Coast and is best known for its brick oven pizza and pasta, filed for Chapter 11 bankruptcy protection in Florida last week. It marked the chain's third bankruptcy since 2018.Bertucci’s also closed seven of its underperforming locations – five in Massachusetts, one in Rhode Island and […]

First Solar's stock fell on Wednesday after investors reacted to the "significant challenges" that CEO Mark Widmar said President Donald Trump’s tariffs presented to the solar module maker.The company’s shares fell over 7.5% on Wednesday, the day after First Solar released its first-quarter financial results and held its earnings call to discuss them.Widmar told analysts and investors on the call that the Trump administration’s tariffs "introduced significant challenges to 2025 […]

President Donald Trump said Wednesday that his administration’s tariffs are incentivizing investment in the U.S., while China is "doing very poorly right now." "I heard Samsung is — now because of the tariffs — they're going to build massive facilities in the United States," Trump said during a Cabinet meeting. "If we didn't do the tariffs, they wouldn't be doing that." Trump said earlier this month that he has attracted over $7 […]

Ford CEO Jim Farley got under the hood of the automaker's commitment to American manufacturing Tuesday on FOX Business, telling "Mornings with Maria" host Maria Bartiromo that one sprawling Kentucky truck plant showcases President Trump's vision for the U.S. auto industry."This is one of the biggest, most profitable plants in the world. [It's] certainly our most important – it makes the Super Duty, the new Expedition and Navigator, [which are […]

President Donald Trump on Wednesday blamed his predecessor for a volatile stock market amid an unexpected contraction of the U.S. economy in the first quarter — but voiced that the economy is still poised for rapid growth. Stocks fell on Wednesday morning after new data showed the economy contracted for the first time in three years."This is Biden’s Stock Market, not Trump’s," the president wrote on Truth Social. "I didn’t take over […]

Hundreds of people who purchased a prepackaged Trader Joe's salad may be at risk of unknowingly having an allergic reaction to cheese that made its way into the meal instead of onions.Certain packages of Sesame Miso Salad with Salmon may contain an undeclared milk allergen, according to a recall from the business.GM RECALLS NEARLY 600K VEHICLES WITH 6.2L V8 OVER RISK OF POSSIBLE ENGINE FAILUREAbout 500 units of salad were […]

The exclusivity of walking through the Chronos at Universal Epic Universe ahead of its official park opening on May 22 is no more.On Tuesday, Universal Orlando Resort opened up park preview tickets to "additional guests," or the public."Starting today, the general public can purchase tickets to visit Epic Universe and preview the groundbreaking experience through May 19," Universal Orlando Resort said in a statement.The news sent a frenzy on the […]

Treasury Secretary Scott Bessent said Tuesday the Trump administration will take into account China's lack of compliance with a trade deal from the president's first term when it finalizes a new trade deal.Bessent was interviewed on FOX Business Network's "Kudlow" after President Donald Trump raised tariffs on Chinese imports to upward of 145%, prompting China to slap 125% tariffs on U.S. exports to the country. Host Larry Kudlow asked whether the phase one […]

Consumer confidence fell to its lowest level in nearly five years in April as concerns about tariffs and trade uncertainty weighed on the economic outlook.The Conference Board said Tuesday its consumer confidence index fell 7.9 points to 86 in April, which is the lowest reading since May 2020. Economists polled by Reuters had projected the index would slide to 87.5.The Expectations Index, based on consumers' short-term outlook for income, business and […]