Hard Rock International chairman on inflation's impact on business
Jim Allen, chairman of Hard Rock International, argues rising travel expenses will impact people's travel plans and is a cause for 'concern.'
Trump Organization closes $375M sale of DC hotel that will become a Waldorf Astoria
The Trump Organization sold the Trump International Hotel in Washington, D.C., for a reported $375 million to the CGI Merchant Group
Inflation cause for 'concern' as travel-related costs soar: Hard Rock International chairman
Jim Allen, chairman of Hard Rock International, provides a sneak peek into the New York City hotel located near Times Square ahead of its grand opening.
Cities with the most, least student loan debt in 2022: report
WalletHub recently found where student loan debts are more unsustainable in the U.S.
FOX Business Flash top headlines for May 12
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Marilyn Monroe's dresses from popular movies up for auction
Marilyn Monroe has recently made headlines with her "Happy Birthday, Mr. President" dress being worn by Kim Kardashian at the Met Gala and Andy Warhol's portrait of the late Hollywood star selling for a cool $195 million.
Abbott says it will be at least two months before baby formula from shuttered plant hits shelves
Abbott Nutrition, a major U.S. formula manufacturer, says it will be at least two months before baby formula made at its closed Sturgis, Michigan, plant will hit stores shelves after it reopens "subject to FDA approval."
House Republican presses USDA, FDA about baby formula shortages: 'Apparent lack of an effective strategy'
Rep. Dusty Johnson, R-S.D., sent a letter to the USDA and FDA regarding the ongoing shortages that have left shelves and bottles bare, pointing to the "out-of-stock rate of over 50%" in his state in a press release exclusively obtained by FOX Business.
Redbox to be acquired by Chicken Soup for the Soul Entertainment for $375M
The deal will be comprised of $50 million in Chicken Soup for the Soul Entertainment stock and the assumption of $325 million of Redbox's debt.
Baby formula shortage worsens amid supply chain issues: Government needs to ‘step up,’ Dr. Siegel says
Fox News contributor Dr. Marc Siegel told FOX Business that the U.S. needs to ‘ramp up’ federal involvement to resolve the baby formula shortage.
Rare comic memorabilia could fetch $2.5M on auction block
Ken Goldin, founder of Goldin Auctions, discusses rare sports and comic memorabilia on the auction block.
Delta, other airline fares soar to record high in April
The index for airline fares surged by 18.6% in April, the largest one-month increase on record, according to the Labor Department.
What's needed to lower gas prices?
American Petroleum Institute president CEO Mike Sommers weighs in, arguing that a long-term energy strategy is needed.
Inflation holds near 40-year high
SlatesStone Wealth chief market strategist Kenny Polcari and Mayflower Advisors managing partner Larry Glazer weigh in on inflation and which sectors to invest in.
Supply chain bottlenecks giving Napa Valley something to 'wine' about
Napa Valley's business leaders are feeling a "tremendous hit" as they struggle to meet high wine demand amid rising shipping costs and multiple supply shortages.
Ford CEO says idea for the electric F-150 Lightning came from this interesting source
Ford CEO Jim Farley says the idea for the F-150 Lightning was suggested by a big investor and that the all-electric truck is "history in the making" for the automaker.
Long-term energy strategy needed in US: American Petroleum Institute CEO
Mike Sommers, the American Petroleum Institute president and CEO, argues the U.S. has energy resources that can be developed quickly 'if we get the policies right.'
John Deere expert predicts battery-powered lawn mower demand will ‘rapidly escalate’
John Deere's mass channel business manager Sean Sundberg shares an optimistic outlook on battery-powered home improvement tools in an interview with Fox News Digital.
Ford F-150 Lightning first drive: A powerhouse pick-up
FoxNews.com automotive editor Gary Gastelu discusses Ford’s new electric pick-up F-150 Lightning.
Elon Musk 'recklessly' tweeted that 'funding secured' for taking Tesla private, court says
A federal judge has found that Tesla Inc. CEO Elon Musk's 2018 tweets that funding was secured to take the automaker private were reckless.