White House touts plan to provide $1K investment accounts for newborns
White House to host event with CEOs to promote "Trump Accounts" policy giving newborn U.S. citizens $1,000 investment funds for education, housing and business expenses.
Brooks Brothers' latest suitor wants to bring Italian flair to American fashion
The Milan-based Giglio Group is looking to buy Brooks Brothers out of bankruptcy.
Why hackers use bitcoin and why it is so difficult to trace
Although it hasn’t found success as a mainstream, transactional currency, it is increasingly used in scams. Purporting to be former President Obama, Bill Gates and Kanye West, hackers steered Twitter followers to send $1,000 in bitcoin, promising $2,000 in return. They drew more than $100,000 before the scam was shut down.
Twitter hit with security attack; Kohl's to require masks
Fox Business Briefs: Twitter investigates a coordinated attack targeting several high-profile accounts using the company's own employee tools.
Billionaires look to exit equities after turning quick profit
During the rout in stock markets across the globe in March, UBS’ richest customers took out loans to place billions into crashing stock markets.
Best Buy to require masks; hard seltzer soaks up summer sales
Fox Business Briefs: Best Buy says you'll need to wear a mask to shop at any of their stores nationwide in an effort to protect shoppers, its communities, and employees.
Goldman Sachs rides investment banking, trading to big earnings beat
Both the investment banking and trading divisions raked in the highest revenue in years, even as Goldman increased its reserves against potential loan defaults.
Coronavirus pandemic saps demand at Delta; new technology could bring back soda dispensers
Fox Business Briefs: Number of passengers on Delta planes during the second quarter dropped more than 90 percent from a year ago.
Bridgewater Associates falsified evidence against employees, arbitrators say
A court filing on that matter was made public Monday.
Electric car maker Fisker to go public with $2.9B valuation
Electric car maker Fisker will go public through a merger with a blank-check company backed by alternative investment manager Apollo Global Management Inc at a valuation of $2.9 billion, the companies said on Monday.
Goya boycott turns into 'buy-cott'; snack business soars as people stay at home
Fox Business Briefs: Calls to boycott Goya Foods after the company's CEO praised President Trump leads to a 'buy-cott.'
What is the Giving Pledge? Wealthiest in the world pledge to give their money away
More than 200 of the world's wealthiest people have pledged to give away a majority of their wealth since the Giving Pledge was created in 2010.
AMC Theaters ink deal to help it survive pandemic
AMC Entertainment Holdings Inc. has reached a deal with investors who will pump $300 million of new money into the company, as the nation's largest theater chain looks to restart its business and fill seats with moviegoers still wary of the coronavirus pandemic.
United pilots consider furlough and early retirement deals; bidding war for for Brooks Brothers
Fox Business Briefs: United Airlines and its pilots' union reaching tentative agreements on early retirement and voluntary furloughs.
Cohen bidding $2B for Mets franchise and $2B for cable network: Gasparino
Other bids for the team have come in lower
Warren Buffett drops to lowest rank ever on Bloomberg Billionaires Index
Billionaire Warren Buffett took a hit this week after donating nearly $3 billion worth of his Berkshire Hathaway stocks to five charities.
Chelsea Clinton forming venture capital firm: Report
Chelsea Clinton is showing interest in starting a venture capital firm called Metrodora Ventures, according to a report.
General Motors saying goodbye to its Chevy Sonic; Pier 1 reportedly finding a new home online
Fox Business Briefs: General Motors announces the production of the Chevrolet Sonic will end in October; Pier 1 will reportedly find a new life online.
The Chinese are committing fraud in US capital markets’: Muddy Waters' Carson Block
Along with the coronavirus, the Chinese are facing pressure over fraudulent companies listed on US exchanges and the SEC seeks answers.
Warren Buffett donates $2.9B in Berkshire shares to Bill and Melinda Gates Foundation, others
Berskshire Hathaway CEO Warren Buffett has donated 15.9 million in class B shares valued at $2.9 billion to five charities, including the Bill and Melinda Gates Foundation, Susan Thompson Buffett Foundation, The Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation, according to an announcement from the company on Wednesday.
Walmart has plans to take on Amazon
Fox Business Briefs: The country's biggest retailer is reportedly going after the e-commerce giant and will be launching a membership service called 'Walmart Plus.'