Business

Victor Owen Schwartz never imagined he would one day find himself challenging a president in the highest court in the land. But after President Donald Trump's sweeping tariffs threatened the survival of his wine importing business, Schwartz became a plaintiff in a case that would ultimately reach the Supreme Court — and prevail.Shortly after the ruling, Trump announced a 10% global tariff and vowed to use other avenues to keep the […]

Office towers that once sold for hundreds of millions of dollars are now changing hands at discounts of 70%, 80%, even 90% across major U.S. cities, as higher interest rates and remote work reshape demand for downtown space.Few places illustrate the shift more starkly than Chicago. There, the markdowns span every era of development, according to figures first tweeted out by Nightingale Associates.A century-old office building in the city’s historic […]

The massive AI summit in India this week looked, on the surface, like a familiar spectacle: world leaders and technology executives converging in New Delhi, headline-grabbing investment numbers, and carefully worded joint statements. It was the largest global AI summit to date, and the first hosted in the Global South.I was on the ground through the summit’s closed-door sessions, bilateral events, and formal signings. While most coverage focused on press […]

Thousands of flights have been canceled in the U.S. as communities in the Northeast rush to prepare for an intense blizzard that forecasters say will arrive on Sunday.The total number of disrupted flights reached more than 7,000 as of 6 a.m., with 6,456 U.S. flights canceled and an additional 547 U.S. flights delayed so far through Tuesday.Jetblue, American Airlines, Delta, Southwest and United have announced they will waive change and cancellation fees […]

More than a year after deadly fires struck Los Angeles, residents are still struggling to rebuild their homes, citing permitting, insurance and financial gaps.The Palisades and Eaton fires began in January 2025, and destroyed more than 16,000 homes and burned more than 38,000 acres, according to official reports.The city of Los Angeles has received 3,561 permitting applications and has issued 1,939 permits for 844 unique addresses, as of Feb. 21, […]

JPMorgan Chase Bank recently admitted it closed President Donald Trump's bank accounts following the Jan. 6, 2021, breach of the U.S. Capitol, a confession spurred by a $5 billion legal challenge from the president last month.The suit, brought against the bank and its CEO, Jamie Dimon, in Miami state court, accused the financial institution of debanking Trump for political reasons.In a new court filing, Dan Wilkening, chief administrative officer for […]

Artificial intelligence is quietly reshaping restaurant operations, but not necessarily in the way diners might expect.As labor shortages persist and costs remain elevated, "Bar Rescue" host Jon Taffer joined FOX Business’ Stuart Varney on "Varney & Co." to say that technology is becoming a critical back-of-house tool rather than a front-facing replacement for hospitality.Taffer explained that staffing challenges are pushing operators to look for new efficiencies."We're struggling to find people. […]

The second Trump administration has been marked by blowback to diversity, equity and inclusion (DEI) programs across American companies. It's a welcome change, according to XX-XY Athletics CEO Jennifer Sey, who calls such programs and hiring practices "excessive.""Excessive focus on DEI, whether it's through hiring practices or public marketing, actually can have an adverse effect on [a] company's performance," Sey told Fox News Digital. "It's not so fashionable anymore… [Companies] are […]

More than 3.3 million pounds of frozen chicken fried rice are being recalled after federal officials warned the products may contain glass.Ajinomoto Foods North America is recalling approximately 3,370,530 pounds of frozen not-ready-to-eat chicken fried rice products that may be contaminated with glass, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced Friday.The recall includes products sold at Trader Joe’s locations nationwide, while the Ajinomoto items were […]