Elon Musk pledges to close Twitter acquisition by Oct. 28 deadline
Banks have committed to providing approximately $12.5 billion in debt financing for Musk's $54.20 per share buyout of the social media giant.
Wealthy Californians could face billions in new taxes after midterm elections
Proposition 30 would raise taxes on rich Californians earning more than $2 million by 1.75%, bringing the state's top tax rate to 16.15%, the highest in the U.S.
UPS stock rises after mixed third quarter earnings
The United Parcel Service released its third-quarter earnings report that showed a revenue of $24.2 billion, growing by 4.2% compared to last year.
Juul discusses a possible bailout with two of its biggest investors
Vape maker Juul looks for financing from Nick Pritzker and Riaz Valani, two billionaire investors, as the FDA and lawsuits edge the e-cigarette maker closer to bankruptcy.
GM beats inflation as US demand drives quarter
The automaker reported net income of $3.3 billion, or $2.25 per share, on revenue of $41.9 billion. Net income for the quarter was driven by a new vehicle sales increase of 24% in the United States.
Elon Musk's business ventures not undergoing national security review, White House says
White House Press Secretary Karine Jean-Pierre said Monday that Elon Musk's various business ventures are not undergoing a national security review.
Kraft Heinz CEO predicts continued inflation, more price increases next year
Kraft Heinz CEO Miguel Patricio predicted in a recent interview that inflation will persist in 2023, resulting in more price increases happening.
Giannis Antetokounmpo catapulted Milwaukee Bucks to global stage: Peter Feigin
Milwaukee Bucks president Peter Feigin discusses how the NBA franchise expanded its global footprint on 'The Claman Countdown.'
GM launching return-to-office plan for salaried workers in January
GM is telling its employees they can no long work fully remote starting in January. Management believes this will help accelerate its plan to go all-electric.
Beyond Meat rolls out steak at Kroger, Walmart
Beyond Meat announced it is rolling out a plant-based version of steak tips, called Beyond Steak, at 5,000 Kroger and Walmart locations throughout the country.
Two Chinese spies charged with allegedly obstructing US investigation into Huawei
The US Attorney for the Eastern District of New York unsealed charges against two Chinese spies for allegedly interfering with a US investigation into Huawei.
Airlines balk at DOT's idea for delay compensation
Airlines for America said the Department of Transportation's request for airlines to commit to providing voluntary delay compensation is not a solution to travel disruptions.
The McRib returns to McDonald's for its 'Farewell Tour'
The McRib is back at McDonald's for what the company has marketed as the last time, although it has returned on many occasions since its initial debut.
Rising shipping costs prompt businesses to get creative with deliveries
Additional fees on shipping have helped carriers mitigate rising costs through the pandemic and after Russia’s invasion of Ukraine, which sent fuel prices soaring.
Toyota eyes Tesla, scrambles for EV reboot
A working group within Toyota has been charged with outlining plans by early next year for improvements to its existing EV platform or for a new architecture, sources said.
Here's why a GMC Hummer EV just sold for $225,000 at auction, double its list price
A GMC Hummer EV was sold at the Barrett-Jackson Houston auction for $225,000, which is about twice what it cost when new, as supply can't keep up with demand.
3Q earnings reports, GDP, bonds progress and more: Monday's 5 things to know
GDP report from Commerce Department Thursday is expected to show the U.S. economy grew 2.1% in the third quarter. Investors will also be looking out for home sales data this week.
Texas attorney general sues Google: 'I will continue to fight Big Tech'
Texas AG Ken Paxton has once again taken on tech giant Google in court under grounds of unlawful biometric data gathering without 'informed consent.'
Apple, Amazon earnings, Elon Musk, Twitter deal deadline, new home sales top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Disney's annual passholders say not enough access to parks, file suit over reservation system
Two annual passholders have filed a lawsuit against Walt Disney World for requiring park reservations and limiting "park hopping" until after 2 p.m. Disney responded with a statement.



















