Industries

Germany has entered phase two of a three phase emergency plan as Economic Minister Robert Habeck warns that Russia is intentionally manipulating oil and gas supply as an "attack."

Retail giant Nike has decided to fully exit Russia following the country's invasion of Ukraine. The company said it would scale down operations there.

Climate policies aimed at transitioning the U.S. from fossil fuels to renewable power will lead to higher prices, federal energy officials told Fox News Digital.

Oil prices fell further on Thursday following a 3% drop in the previous session on concerns higher interest rates will slow the economy and put a dent in fuel demand.

Energy Sec. Granholm advised that projections indicate the gas price will drop to $4.27 a gallon in the third quarter, but global events could raise it again.

U.S. Energy Secretary Jennifer Granholm on Wednesday said the U.S. would be subject to price shocks so long as it continued its reliance on fossil fuels.

Hundreds of employees in the bank's mortgage business have been caught in the crosshairs as the Federal Reserve has driven mortgage rates higher as it works to bring down inflation.

President Biden is questioning his Republican critics on whether they would have preferred his administration allow Russian President Vladimir Putin to rule in Ukraine in order to keep gas prices low in the United States.

Toyota has downgraded its production plan for July by some 50,000 vehicles as semiconductor shortages and COVID-related supply chain disruptions linger.

President Biden and his administration waived tariffs on solar panel imports from countries in Southeast Asia last week. This will strengthen China and hurt the U.S.

The Tesla Model S is celebrating its 10th birthday, having been launched on June 22, 2012 at a delivery event in the company's Fremont, California, factory.

Lowe's said consumers will be able to visualize projects they are working on in the metaverse, but noted that metaverse users are mostly younger than Lowe's shoppers.

Naomi Osaka is launching a media production company in partnership with The SpringHill Company, an entertainment production company founded by LeBron James.

Demand for air cargo continues to increase as shipping disruptions persist, industry executives tell FOX Business, adding that ocean shipping companies are becoming airlines as well.

Chevron CEO & Chairman Mike Wirth on Tuesday urged President Biden to take a different approach to the oil industry to help combat rising fuel prices.

Shipping giant FedEx has set an ambitious goal to transition its fleet of delivery vehicles to all-electric, zero-tailpipe emissions by the year 2040.

Uber said that its UberX Share will be an option for riders in New York and other cities, with the plans to expand the initiative to even more cities this summer.

General Motors is idling production at its Factory ZERO plant in order to retool and increase its capacity to build more electric pickups and SUVs.

Backstreet Boys star Nick Carter gave viewers a rundown of virtual sports, his Tampa Bay Bull Sharks purchase and the metaverse on Tuesday's episode of 'Varney & Co.'

Republican Senate candidate Dr. Mehmet Oz said his first duty in office would be restarting the state's oil industry to tackle "the single biggest driver of inflation."