Fox Business Briefs 5/1
McDonald’s reports largest U.S. same-store sales decline since 2020; Tech giants Microsoft and Meta beat earnings expectations; Conagra strikes deal to sell Chef Boyardee; Fyre Festival brand is now up for sale.
IBM and Scuderia Ferrari debut reimagined app to connect global Formula 1 fans, enhance race experiences
With over 400 million Formula 1 fans around the globe, Scuderia Ferrari and IBM have teamed up to develop a reimagined mobile app to connect them all.
FOX Business Briefs 4/29
GM net income slid in the first quarter on weaker sales of trucks, SUVs; Trump to soften blow of automotive tariffs; UPS to cut 20,000 jobs; Coca-Cola says market is ‘manageable’ despite loss of net revenue; Royal Caribbean is raising its forecast.
Amazon launches first internet satellites into space
Amazon launched its first batch of satellites into orbit on Monday in the company’s first step toward rivaling Elon Musk's Starlink system.
White House accuses Amazon of 'hostile political action' over showing tariff costs
White House press secretary Karoline Leavitt said Amazon was taking "hostile political action" by displaying the cost of tariffs next to the price of items.
GOP rep rips Dems over Trump impeachment articles: Looks like Hakeem Jeffries 'lost control of one his members'
Rep. Scott Fitzgerald, R-Wis., reacts to Democratic Rep. Shri Thanedar filing articles of impeachment against President Donald Trump, talks tariffs and discusses the accomplishments within the president's first 100 days in office.
Quantum investing: IBM to invest $150B in US over next five years
IBM CEO Arvind Krishna describes how he wants to advance U.S. manufacturing of mainframe and quantum computing during an exclusive interview with 'The Claman Countdown.'
IBM announces $150B investment in US
IBM, founded in 1911, is making a major investment in the United States over the next five years, the company announced in a media release on Monday.
Nokia exec open to expanding US manufacturing to avoid Trump tariffs
Nokia could expand its U.S. manufacturing capabilities as a way to counter possible impacts of Trump's tariffs, according to the company's new CEO, Justin Hotard.
Wall Street legend unveils 3 undervalued blue-chip stocks
B. Riley Wealth Management chief market strategist Art Hogan discusses the keys to selecting stocks in a volatile market on 'Making Money.'
Trump admin laying down trade olive branch is a 'very good sign' for markets: Ryan Payne
A 'Mornings with Maria' panel comments on the markets rallying amid trade optimism, President Trump saying he has no intention of firing Jerome Powell and the EU fining Apple and Meta.
Fox Business Briefs 4/23
Apple and Meta fined by EU; Markets recover after Trump soothes tariff, Fed fears; Boeing loss narrow; AT&T posts higher profit, revenue.
FOX Business Briefs 4/22
Verizon surpassed expectations with its first-quarter earnings; Kimberly-Clark warns of rising costs; Roche to invest $50 billion in U.S. production; Oscar voters must watch all nominated movies.
FTC could be in trouble as Meta antitrust trial enters second week, expert says
The Meta antitrust trial brought forth by the Federal Trade Commission (FTC) is entering its second week, with experts growing skeptical of the agency's case.
Trump DOJ's plan to restructure Google hurts consumers, national security, says exec: 'Wildly overbroad'
Both parties in the DOJ's landmark antitrust case against Google will reconvene in Washington, D.C., on Monday to hash out a remedy — though Google executives warn that much remains at stake.
Judge declares Google has illegal ad monopoly
Former federal prosecutor Jonathan Fahey discusses the Google advertisement monopoly suit on ‘Mornings with Maria.’
Sheryl Sandberg says Meta considered blocking competitors' ads in landmark antitrust trial
Former Meta Chief Operating Officer Sheryl Sandberg's testimony reveals the company contemplated restricting competitor access to its platform.
FOX Business Briefs 4/16
FTC: Zuckerberg considered spinning off Instagram; Retail sales rose more than expected in March; Report: Gen Z & millennials are going on more cruises.
Thousands of Spotify users report issues on app, website
Spotify said it is aware of issues that are impacting its app and website Wednesday morning. The company said the "right team" is in the midst of trying to resolve them.
FTC making sure Meta-like 'monopoly' can 'never arise again': Chairman Ferguson
Federal Trade Commission Chairman Andrew Ferguson previews the start of the agency's antitrust case against Meta and details the deregulatory agenda of the Trump administration.