Business

Apple announced a new age verification tool in the U.S. and abroad to ensure users wishing to download certain apps are at least 18 years old to comply with laws enacted by some U.S. states and foreign countries.The tool is rolling out in Utah, Louisiana, Brazil, Australia and Singapore, all of which have laws requiring age restrictions for users of apps rated 18+.App developers in these regions may now use […]

Federal regulators have announced a recall of 55,000 pounds of frozen blueberries over potential Listeria contamination that could pose a life-threatening risk.Oregon Potato Company — a family-owned business in Salem specializing in frozen and dehydrated potatoes, vegetables, and fruits — has flagged 55,689 pounds of individually quick-frozen blueberries, the U.S. Food and Drug Administration said.While the notice was made on Feb. 12, regulators on Tuesday upgraded it to a Class […]

Fanatics Fest isn’t just returning for its third year in New York City with an extra day added to its festivities. It’s bringing back the Fanatics Games with an even bigger prize pool.During last year’s sports fan festival at the Javits Center in Manhattan, Fanatics Fest introduced the Fanatics Games, bringing together some of the world’s top athletes and everyday fans for a head-to-head competition with a chance to win […]

British luxury automaker Aston Martin said on Wednesday that it will cut up to 20% of its workforce as tariff and regulatory headwinds along with a challenging market backdrop weigh on the business.The company said the cuts will result in an annualized savings of about 40 million pounds ($54 million), most of which will occur this year. The company employs about 3,000 workers.Aston Martin didn't specify when the cuts would […]

Bill Gates apologized to staff of the Gates Foundation over his ties to Jeffrey Epstein, admitting he made mistakes that had cast a cloud over the philanthropic group while insisting he didn’t participate in Epstein’s crimes. In a town hall on Tuesday, the Microsoft co-founder acknowledged that he had two affairs with Russian women that Epstein later discovered, but that they didn’t involve Epstein’s victims. "I did nothing illicit. I saw nothing illicit," Gates said, according to […]

President Donald Trump on Tuesday outlined a new retirement plan that would see the federal government match a portion of the contributions made by American workers to retirement plans that aren't matched by their employers.Trump discussed the proposal during his State of the Union address to a joint session of Congress on Tuesday night, when he said that the federal government will start providing up to $1,000 in matching contributions to the […]

Federal Housing Finance Agency (FHFA) Director William J. Pulte said President Donald Trump is moving aggressively to drive down borrowing costs, deploying roughly $200 billion from Fannie Mae and Freddie Mac to purchase mortgage bonds — a step he said lowered rates "boom right away."Pulte joined FOX Business' Maria Bartiromo on "Mornings with Maria" to say the administration's actions directly targeted affordability and market confidence.The effort follows a sharp turnaround […]

Even as higher-end department stores struggle, off-price retail is thriving, showing that Americans are still spending, just more selectively.TJX Companies – which owns TJ Maxx, Marshalls and HomeGoods – blew past Wall Street expectations in its fourth quarter earnings report Wednesday morning.Sales surged 9% year-over-year to $17.7 billion in the fourth quarter, with comparable store sales up 5%. TJX also boosted its quarterly dividend 13% to 48 cents per share, […]

Apple will begin producing Mac minis in Houston later this year for the first time, expanding its U.S. manufacturing footprint and creating what the company said will be "thousands of jobs."The expansion will effectively double the size of Apple’s Houston campus and increase production of advanced artificial intelligence servers used in the company’s U.S. data centers.Apple said Tuesday it will also open a 20,000-square-foot Advanced Manufacturing Center in Houston focused […]