US in ‘hangover’ stage as ‘reopening euphoria is ending’: Former Toys 'R' Us CEO
Former Toys 'R' Us CEO Gerald Storch weighs in on earnings reports from Walmart and Target as well as retail data on "Varney & Co."
GM recalling over 484,000 Cadillac, Chevy, GMC vehicles to fix seat belt issue
The recall covers certain 2021-2022 model year Cadillac, Chevrolet and GMC vehicles. GM is not aware of any accidents or injuries related to the issue.
BlackRock invests $700 million into Australian battery storage and renewable energy projects
BlackRock said Tuesday it would invest nearly $700 million into an Australian firm that creates battery storage and renewable energy projects.
Pharmacies ordered to pay $650.6M to Ohio counties in opioid case
Federal judge orders CVS, Walmart and Walgreens to pay $650.6 million to Lake and Trumbull counties in Ohio after jury concludes the pharmacy chains over-supplied pain pills.
Consumer group issues alert over BlackRock's woke crusade: 'No regard for American families'
Consumer's Research is warning residents of a dozen states to be wary of massive investment firm BlackRock over its environmental, social and governance (ESG) standards.
Southwest Airlines offers fall and winter fares for special sale price
Southwest Airlines is offering special fares in an attempt to boost travel once the summer peak season comes to an end. One-way tickets are being offered for as low as $59.
Apple lays off 100 contractors in recruiting: report
The move by Apple is reportedly part of a broader push to cuts its spending and hiring amid economic uncertainty.
Chick-fil-A testing first new breakfast item since 2017 in select cities
Chick-fil-A is introducing a new breakfast menu option, the Chorizo Cheddar Egg Bites, which will be available in select markets around the U.S. on Aug. 22.
Twitter to give Elon Musk documents from former exec Kayvon Beykpour: court order
Musk attorney Alex Spiro told FOX Business that his legal team looks forward to reviewing Beykpour’s communications and will "continue to seek information and witnesses until the full truth comes out."
Walmart CEO: Inflation lures more higher-income shoppers
Walmart CEO Doug McMillon told investors during the company's earnings call Tuesday that inflation is drawing higher-income shoppers into the retailer.
Judge approves $30.5M Apple settlement over retail employee bag checks
The lawsuit covers a group of 14,683 current and former Apple retail workers in California who argued they were not being paid for time spent while waiting and undergoing exit searches.
Walmart meets consumer spending changes with markdowns: CFRA analyst
CFRA senior equity adviser discusses Walmart's positive earnings and argues the retail giant has a positive approach to combating changes in consumer spending habits.
American Airlines agrees to buy 20 Boom Supersonic jets
American Airlines has agreed to add Boom Supersonic's Overture planes to its fleet to cut down its future travel times. Financial terms were not disclosed.
Walmart expects smaller profit drop as discounts drive demand
Walmart's total revenue rose 8.4% to $152.86 billion in the second quarter, helped by demand for food and other essential items. The retailer's stock has fallen over 8% this year.
Capri Sun flavor recalled for possibly containing 'cleaning solution'
Thousands of cases of Capri Sun Wild Cherry Flavored Juice Drink Blend beverages have been recalled for possibly containing cleaning solution.
Home Depot beats quarterly comparable sales estimates
The largest U.S. home improvement chain's comparable sales rose 5.8% for the second quarter, while analysts had expected a 4.9% growth, according to IBES data from Refinitiv.
Walmart is a top US inflation gauge
Walmart's earnings are due out Tuesday morning, and investors will be paying close attention to the retail giant seen as an additional inflation gauge.
Walmart reaches streaming deal with Paramount+
The retail giant is taking on Amazon by partnering with Paramount+ for entertainment streaming.
Disney responds to letter from activist investor Dan Loeb
The Third Point CEO has called on the House of Mouse to consider a series of initiatives, including a cost-cutting program, board refresh, EPSN spinoff and integration of Hulu into Disney+.
Elon Musk pitches 'like-minded Chinese partners' on technological vision for the future
Billionaire Elon Musk outlined his vision in China Cyberspace, the Cyberspace Administration of China's flagship magazine. Here is a FOX Business roundup of the essay's highlights.



















