House to vote on bill offsetting Biden's SPR drawdown with more oil and gas production
The House will vote Friday on the Strategic Production Response Act, which would boost U.S. oil and gas production in response to drawdowns of the Strategic Petroleum Reserve.
China solar panel shipments scrutinized over forced Uyghur labor
Customs and Border Protection is scrutinizing imports from China's Xinjiang region under the Uyghur Forced Labor Prevention Act. Solar panels are the most commonly flagged product.
Xerox CEO incorporates AI, augmented reality to change future of servicing equipment
Xerox CEO Steven Bandrowczak discussed the company's plans for growth and how AI paired with augmented reality will help customers become more successful.
Anastasia Soare's journey to a $3 billion brow empire
Anastasia Beverly Hills founder and CEO Anastasia Soare discusses the growth of her iconic beauty brand on 'The Claman Countdown.'
Xerox CEO Steven Bandrowczak: AI, augmented reality solve customer problems
Xerox CEO Steven Bandrowczak discusses the tech and software provider's big plans for growth on 'The Claman Countdown.'
SAP reducing headcount by up to 3,000
SAP will be slashing its headcount by roughly 2.5%, the Germany-based software company announced as it posted its fourth-quarter earnings on Thursday.
Strong GDP data isn't as robust as Wall Street thinks: Economist John Lonski
Seaport Securities founder Teddy Weisberg and Thru the Cycle president John Lonski assess the state of the US economy after healthy GDP data eases recession fears on 'The Claman Countdown.'
Bed Bath & Beyond can't pay creditors, bankruptcy looms
Bed Bath & Beyond has filed with the SEC stating they do not have available resources to pay outstanding debt and will consider a variety of strategic alternatives including further cost reductions and bankruptcy.
Sam's Club to open over new 30 clubs across the US
Sam's Club announced Thursday that it will deepen its physical footprint by opening up more than 30 new clubs across the nation and new distribution and fulfillment centers.
GDP report reveals ominous Great Depression warning sign not seen since 1932
The latest GDP report from the Bureau of Economic Analysis tells us that the U.S. economy is slowing down. While the Biden White House wants to spin the numbers, they are not good.
Northrop Grumman expects first of 5 B-21 stealth bomber orders from Air Force in 2023
Northrop Grumman CEO Kathy Warden highlighted the recently revealed B-21 Raider stealth bomber during the company’s fourth-quarter earnings call on Thursday.
Kenny Polcari: Retail investors are becoming much smarter in how they invest
Slatestone Wealth chief market strategist Kenny Polcari provides insight on earnings season on 'Making Money.'
Charles Payne to investors: Be careful of the zealots
FOX Business host Charles Payne calls out the stubborn market experts on 'Making Money.'
US arms sales jump by 50% in 2022 amid security concerns over war in Ukraine, China aggression
Security concerns from the war in Ukraine to China's aggression in the Far East has prompted U.S. arms sales to surge by nearly 50 percent during the 2022 fiscal year.
Insurance crisis spreads to Florida, southern states
Gov. Ron DeSantis hopes to solve the insurance crisis that has plagued Florida. Louisiana had more than 20 companies collapse or leave because of devastating storms.
China scrapping COVID policy was expected to revive global luxury retail, but many buy locally instead
While China’s luxury shoppers are free to travel to other countries, many are buying locally instead at Hainan, a tax-free island with a shopping center is dedicated to duty-free stores.
Tech layoffs continue as IBM, SAP announce massive cuts
Tech sector layoffs continue, as SAP announced they plan to cut about 3,000 employees on Thursday, a day after IBM announced they will lay off nearly 3,900 workers.
Chipotle hiring 15K in preparation for 'burrito season'
Fast-casual restaurant chain Chipotle announced plans to hire 15,000 employees before its busiest season. The company is continuing its accelerated expansion plans.
New home sales rise for third straight month as mortgage rates fall
December purchases of new homes rose 2.3% as mortgage rates began to normalize, offering hope the housing market is recovering from the Fed rate hikes.
Mortgage rates continue downward trend
Mortgage rates continue cooling off as optimism reigns that the Federal Reserve will loosen its fight on inflation. Home buyers optimistically return to the market.