Headlines and short excerpts from Fox Business. Full stories live on the original publisher's site.
Oprah Winfrey-backed True Food Kitchen has landed in bankruptcy court after management turmoil and failed expansion bets left the restaurant chain built around healthy eating struggling to stay afloat. The company filed for Chapter 11 protection Sunday and closed 12 restaurants,
Walmart is doubling down on its pledge not to use AI, customer data or digital shelf labels to set personalized prices for its shoppers. In a public letter Monday, Dan Bartlett, Walmart's executive vice president of corporate affairs, challenged what he described as repeated "mi
As leading technology companies issue alarming reports about artificial intelligence systems going rogue, including tools carrying out cyberhacks, NYU Professor Emeritus Gary Marcus predicts that artificial intelligence will ultimately lead to a loss of human life. The AI expert
Supporting America's veterans has long been "core" to Ford Motor Company's identity, a legacy that Will Ford says the automaker hopes to carry forward through a first-of-its-kind Veterans Day race. Will Ford, the general manager of Ford Racing and the great-great-grandson of com
OpenAI CEO Sam Altman said in an interview on Sunday that the benefits of artificial intelligence (AI) are enough to justify accepting some risks and suggesting that the public should continue to have broad access to the emerging technology. "We believe that the world should acc
California voters are set to decide on a one-time wealth tax on billionaires, a proposal former Reagan economic advisor Art Laffer warns could accelerate an exodus of the state’s wealthiest residents. Laffer joined FOX Business’ Stuart Varney on "Varney & Co." to discuss Califor
America's housing sector is set to see nearly 14 million homes belonging to members of the baby boomer and Silent generations be released to the market over the next decade – though it may not directly lead to an influx of starter home listings, according to a new report. An ana
Amazon needs no introduction. It's one of the world's most valuable companies. It holds commanding positions in various end markets, with a corporate strategy that centers on always chasing massive opportunities. This playbook has worked wonders. If you'd bought $10,000 worth of
The Walt Disney Company has acquired Yamaha Motor Corp.'s longtime Southern California headquarters for about $115 million as the Japanese manufacturer prepares to relocate its remaining U.S. headquarters operations to Georgia. Walt Disney Parks and Resorts U.S. Inc. purchased t
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