FDA recalls mushroom-infused 'microdosing' chocolate bars after hospitalizations
The FDA has officially begun to recall Diamond Shruumz products, weeks after it initially reported the "microdosing" products were linked to various illnesses.
Supreme Court blocks Purdue Pharma opioid settlement
FOX Business' Lauren Simonetti has the details on 'Varney & Co.'
Marilyn Monroe’s former LA home declared historic cultural monument, stopping demolition
The former home of Hollywood icon Marilyn Monroe was declared a historic cultural monument on Wednesday by the Los Angeles City Council, preventing it from being torn down by its current owners.
Indian Prime Minister Modi’s third-term victory is a win for business: 'The sky is the limit'
As India's Prime Minister Narendra Modi starts a third term, hopes are high among the business community that his premiership will lead to more opportunities in the world's largest democracy.
Yellen to warn of 'significant risks' of AI in finance while acknowledging 'tremendous opportunities'
Treasury Secretary Janet Yellen will deliver a speech Thursday warning of the "significant risks" posed by AI in finance, while acknowledging the "tremendous opportunities" it offers.
Drug dealing claims at NYC Burger King spark multi-million dollar legal feud
A multi-million dollar legal battle is raging over who is to blame for an area in New York City’s Financial District turning into a hotbed for drug dealing and miscreants plaguing local residents.
Tesla CEO Elon Musk says he opposes EV tax incentives, tariffs on Chinese EVs
Tesla CEO Elon Musk on Thursday said that the Biden administration's tariffs on Chinese electric vehicles were not necessary in order for his company to remain competitive.
Analysts dismiss fears of German 'de-industrialization' for now
Growing global competition and changes to Germany's economy have some business leaders worried that Germany is headed for de-industrialization, but analysts disagree.
South Korea encourages supply chain cooperation with China as both express desire to improve ties
South Korea's finance minister encouraged cooperation with China on supply chain, new technologies and raw materials as the two countries prepare for a trilateral meeting with Japan.
FDIC Chair Gruenberg refuses to resign
Federal Deposit Insurance Corporation Chair Martin Gruenberg vowed to rectify conduct at his agency Wednesday, side-stepping calls for his resignation.
Biden hikes tariffs on certain imports from China by $18B
President Joe Biden announced higher tariffs on imports from China that cover products like EVs, solar panels, steel and aluminum, which will carry a price tag of roughly $18 billion.
China protests 'abuse' of US export controls after trade restricted for 37 Chinese firms
After the U.S. restricted trade for 37 Chinese firms, some over security concerns, a spokesperson for China's foreign ministry accused the U.S. of abusing export control tools.
US blocks some Intel, Qualcomm exports to China over Beijing's objections
The U.S. Commerce Department revoked Intel and Qualcomm export licenses to Chinese firm Huawei after the blacklisted telecommunications firm unveiled a new AI-powered laptop.
Flight attendants use security privileges to smuggle millions in drug money out of US: federal prosecutors
A group of New York-based flight attendants has been accused of using employees-only TSA access to smuggle over $8 million in drug money out of the country.
AstraZeneca to withdraw its COVID-19 vaccine globally as demand dips, rare side effects revealed
The pharmaceutical giant AstraZeneca on Tuesday said it is withdrawing its COVID-19 vaccine worldwide due to low demand and following reports that the vaccine caused rare side effects.
Swiss Army Knife maker plans model without a well-known feature
Swiss Army Knife manufacturer Victorinox is planning new models of tools that will be bladeless to give the company access to markets where carrying a knife is restricted.
Republic First seizure signals more bank failures to come, expert warns
The seizure of Republic First marked the first bank failure in the U.S. in 2024 and has reignited concerns of contagion after a string of regional banks collapsed early last year.
Williams Sonoma labeled Chinese-made merchandise American made; ordered to pay over $3M
The FTC and the Justice Department said Friday that Williams-Sonoma Inc. has agreed to a settlement, which includes a $3.175 million civil penalty.
Biden administration delays plan to ban menthol cigarettes
The Biden administration has decided to delay banning menthol cigarettes, saying it will require more discussion related to the civil rights and criminal justice movements.
Modi doesn't need Musk to win elections, but billionaire's visit a boon for India, expert says
India's electric vehicle market remains underdeveloped, with EV's making up around 2% of car sales in the country, which ranks as the third-biggest automobile market.