Twitter reports 40% drop in ad revenue, adjusted earnings for December: report
Twitter's ad revenue and adjusted earnings dropped 40% year-over-year in December as hundreds of clients paused spending on the social media giant.
Apple investor day, Powell testimony, jobs report top week ahead
Retail earnings, jobs data, Disney CEO Bob Iger speaking and Apple's investor day lead a busy week ahead for investors.
Ultra-rich sports stars are about to change the money game: Athlete investor Patricof
The Boston Celtics' Blake Griffin and tennis pro Sloane Stephens talk to FOX Business about their partnership with a firm that's changing the sports world with smart stakes.
NBA's Adam Silver, former Disney executives on short list to replace Bob Iger
NBA Commissioner Adam Silver is reportedly on a short list of candidates to replace Bob Iger as the CEO of Disney.
Disneyland removes 'zip-a-dee-doo-dah' from parade over ties to controversial 1946 film
Disneyland removed the lyric "zip-a-dee-doo-dah" from its park parade this year over concerns regarding its origin in the controversial film "Song of the South."
Ford to increase production of 6 models in 2023
Ford plans to increase its production, including electric vehicles, and add more jobs as U.S. auto sales begin to recover from 2022.
Walmart to shutter Portland locations just months after CEO’s warnings on crime
Walmart is shutting down its only two locations in Portland, Oregon, citing financial reasons. Walmart CEO Doug McMillon previously warned rampant crime could lead to store closures.
Boeing CEO gets pay package, loses $7M bonus
Boeing CEO Dave Calhoun received a pay package of $22.5 million, but was denied a $7 million incentive bonus due to delivery delays.
Walgreens won't sell abortion pills in 20 states where Republican attorneys general object
Walgreens says it will not start selling an abortion pill in 20 states after Republican Attorney Generals warned of legal consequences if it did so.
Walmart CEO plans to stay in role at least three more years
With Doug McMillon, Walmart’s 56-year-old CEO, planning to stay in the role, the company has more time to name a successor at a complex time for the retail industry.
Ford is cranking up production of some top models
Ford is increasing production of the Maverick, Bronco Sport, Mustang Mach e and Transit van and looking to boost output of its top-selling F-Series.
Pro-ESG Chuck Schumer was top recipient of BlackRock donations in 2022
Senate Majority Leader Chuck Schumer, D-N.Y., was the top recipient of political donations from BlackRock, a leading investment firm advocating for environmental, social and governance investing.
Nordstrom leaving Canada, cutting 2,500 jobs
Nordstrom announced it is shutting down operations in Canada, closing 13 stores and cutting 2,500 jobs.
Walmart nearly doubles number of health care centers
Walmart announced that its nearly doubling the footprint of its health centers by next year. This includes expanding into two new states and deepening its investment in Texas.
Judge says Starbucks committed ‘egregious and widespread’ labor violations fighting unions
An administrative judge for the NLRB issued a ruling that found Starbucks committed "egregious and widespread misconduct" in violation of labor laws amid a unionization push.
GE plans to invest over $450 million to upgrade US manufacturing in 2023
General Electric will invest $450 million in manufacturing. It will allocate $335 million of that to aerospace and $117 million to healthcare ahead of a planned divesture.
Joe Montana Super Bowl jersey sells for over $1.2 million, breaks record set by Tom Brady item
NFL Hall of Fame quarterback Joe Montana continues to set records even after his legendary career, with his Super Bowl worn-jersey selling for $1.212 million in an auction on Wednesday.
Apple blocks update of ChatGPT-powered app, as concerns grow over AI’s potential harm
Amidst antitrust suits over Apple's use of the App Store, Apple blocked a ChatGPT email app claiming it could harm minors. Apple is asking BlueMail for a 17+ age restriction.
Ford restarting electric F-150 Lightning production March 13 following battery fire
Ford is restarting F-150 Lightning production on March 13 after fixing an issue with its battery pack that led to a fire in the automaker's parking lot.
Ford February sales spike 21% on strong truck and SUV performance
Ford sales increased 21% compared to last February as production bottlenecks caused by parts shortages continue to ease, with trucks and SUVs leading the way.



















