Moderna plans to slash 10% of workforce as COVID shot sales slow
Massachusetts-based Moderna said it plans to cut 10% of its global staff as part of its ongoing efforts to reduce annual operating expenses by around $1.5 billion by 2027.
There are 'headwinds' facing Apple, R 'Ray' Wang indicates
Constellation Research founder R 'Ray' Wang breaks down expectations for Apple and Amazon earnings reports on 'Varney & Co.'
Federal Reserve is 'late to the party,' and 'misjudging' impact of tariffs on inflation: Kevin Mahn
A 'Mornings with Maria' panel weighs in on the rally and melt-up in the markets, Big Tech earnings, GDP growth and the Federal Reserve's rate decision.
Jerome Powell is 'between a rock and a hard place' over cuts, Ryan Payne says
A 'Mornings with Maria' panel discusses Big Tech earnings and the Fed policy decision.
Market expert explains positive takeaways from Microsoft, Meta's performance
CFRA Research senior equity analyst Angelo Zino discusses the performance of Microsoft, Meta and the overall tech sector in the markets, the Federal Reserve's rate decision and Q2 GDP growth.
GOP senator highlights crucial benefits of Trump tax cuts in new ad
The ‘Varney & Co.’ panel discusses an advertisement showing the benefits of President Donald Trump’s tax cuts and Microsoft’s current market projections.
FOX Business Briefs 7/30
United-JetBlue partnership receives federal approval; Tesla signs deal with LG, Porsche and Aston Martin raise prices in the U.S.
Zuckerberg unveils vision for each person having their own 'superintelligence'
Meta founder Mark Zuckerberg laid out his vision for personal superintelligence in a video released Wednesday. (@Zuck/Instagram)
Fox Business Briefs 7/28
Big tech earnings take center stage on Wall Street; Samsung signs $16.5B chip deal with Tesla; Pricier rooms steer travelers away from Las Vegas; Electronic shelf labels are spreading at grocery chains.
Women's dating advice app Tea victim of major data breach exposing over 70,000 photos
The women's dating app Tea was targeted by hackers who accessed thousands of user photos, though phone numbers and emails remained secure.
Astronomer 'temporary spokesperson' Gwyneth Paltrow answers questions in cheeky video
The actress and businesswoman, who is Coldplay frontman Chris Martin's ex, deadpanned a video for the tech company without mentioning the jumbotron concert controversy. (Credit: @astronomerio via X)
Expert expects Microsoft, Amazon to ‘print good numbers’ next week
Evercore ISI senior managing director Mark Mahaney predicts the stock outlook of several major big tech companies on ‘Varney & Co.’
Alphabet's growth is a great story
CFRA Senior Vice President Angelo Zino explains what he and his team like about Alphabet's growth trends and more on 'Varney & Co.'
Astronomer's Kristin Cabot resigns following viral Coldplay concert cuddling scandal
Married executives at AI startup Astronomer both resign after being caught on Coldplay's 'Kiss Cam' in a reaction that prompted singer Chris Martin's comment.
Trump is ‘leading the charge’ on AI, Meta executive argues
Meta Chief Global Affairs Officer Joel Kaplan discusses President Donald Trump’s new initiative with AI and more on ‘Fox & Friends.’
Hershey raising chocolate prices by double-digits as cocoa costs soar: report
Rising ingredient costs prompted Hershey to raise prices on chocolate products, and the company noted the change is unrelated to tariffs or trade policies.
CEO says AI trend is 'secular' and 'long-term,' not a 'short-term bubble'
The Futurum Group CEO Daniel Newman discusses Big Tech's investment in artificial intelligence, Apple's need to deliver on the technology and the competition against China in the A.I. race.
Dell's employee satisfaction rate plummets as workers express frustration with policies: report
The employee satisfaction score at Dell has fallen to 32 from 63 two years ago, with staff citing layoffs, return-to-office mandates, AI implementation and culture shifts.
European energy giants sign long-term deals with US, marking win for Trump administration
American company Venture Global reaches two major liquefied natural gas supply deals with European energy firms following trade discussions between President Trump and European leaders.
Sen Hawley questions whether Meta overstepped in pirating authors’ works for AI
Sen. Josh Hawley, R-Mo., questions whether Meta overstepped copyright laws when it pirated works from authors to improve its AI functionality.