Apple hit with nearly $2B EU antitrust fine
The European Commission on Monday said Apple’s conduct may have led to iOS users paying “significantly higher" prices for music streaming subscriptions.
Wayfair to cut 1,650 jobs a month after CEO says employees should be 'working long hours'
E-commerce home goods retailer Wayfair said it will cut jobs and expects its restructuring plan, which started in August 2022, to save more than $280 million.
Occidental Petroleum to buy CrownRock in $12B deal
Houston-based Occidental Petroleum said it will purchase CrownRock in a $12 billion deal. It expects the transaction to close in the first quarter of 2024.
FAA issues ground stop for NYC's LaGuardia Airport due to wildfire smoke
Airports in New York and New Jersey are warning travelers of potential delays as smoke from more than 400 Canadian wildfires blankets the region creating a thick haze.
Macy's CEO Jeff Gennette to retire next year
Tony Spring, the current chairman and CEO of Bloomingdale's, will replace 61-year-old Jeff Gennette as chief executive of Macy's in February of next year.
How to get FOX Business headlines on your iPhone lock screen
To add the FOX Business widget to an iPhone lock screen, an iOS 16.0 operating system update is required. The FOX Business widget includes the day's top stories.
China Eastern Boeing 737 crashes with 132 aboard: Chinese aviation officials
A Boeing 737 with 132 people on board operated by China Eastern crashed in the southern province of Guangxi on Monday, officials said.
Domino's CEO Ritch Allison to retire
Allison will provide guidance to the company until his official retirement on July 15.
Initial jobless claims total 198K, continuing claims hit new pandemic low
The number of Americans filing for unemployment benefits fell last week.