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McDonald"s franchisee fined $57K after investigation over child labor violations

A McDonald’s franchisee in the Pittsburgh area had to pay a fine for alleged child labor violations at over a dozen locations, the Labor Department said......»»

Category: marketSource: FOXNEWS1 hr. 36 min. ago Related News

Walmart CEO Doug McMillon says theft is "higher than what it has historically been"

Walmart CEO Doug McMillon on Tuesday became the latest retail executive to weigh in on theft, saying it is "higher than what it has historically been.".....»»

Category: marketSource: FOXNEWS2 hr. 48 min. ago Related News

Robinhood delivering IRA match

Robinhood announced on Tuesday it is offering individual retirement accounts (IRAs) with a 1% match on contributions......»»

Category: marketSource: FOXNEWS2 hr. 48 min. ago Related News

Ex-FTX boss Sam Bankman-Fried admits he should"ve done more stress testing before crypto firm"s collapse

Sam Bankman-Fried spoke in a Twitter Space about the collapse of FTX and Alameda Research, along with his failure to stress test the crypto firms he founded......»»

Category: marketSource: FOXNEWS2 hr. 48 min. ago Related News

Fanatics hits $31 billion valuation in latest funding round

Fanatics worth $31 billion after $700 million investment round. Defies negative market trends caused by inflation and recession worries due to high growth potential......»»

Category: marketSource: FOXNEWS7 hr. 4 min. ago Related News

PepsiCo to lay off hundreds of employees

PepsiCo plans to lay off hundreds of white collar workers as it streamlines marketing and centralizes manufacturing......»»

Category: marketSource: FOXNEWS8 hr. 36 min. ago Related News

Goldman Sachs on hunt for bargain crypto firms after FTX fiasco

FTX filed for Chapter 11 bankruptcy protection in the U.S. on Nov. 11 after its dramatic collapse, sparking fears of contagion and amplifying calls for more crypto regulation......»»

Category: marketSource: FOXNEWS8 hr. 36 min. ago Related News

NRG Energy to buy Vivint Smart Home for $2.8B

NRG Energy announced it's acquisition of Vivant Smart Home for $2.8 billion deal that to capitalize on synergies between the electricity producer and smart devices company......»»

Category: marketSource: FOXNEWS8 hr. 36 min. ago Related News

Trade balance report, stocks tied to economy, IRS refunds and more: Tuesday"s 5 things to know

Stocks closely tied to the U.S. economy dropped sharply Monday, with big regional banks PNC Financial Services and Regions Financial leading the way......»»

Category: marketSource: FOXNEWS16 hr. 48 min. ago Related News

Uber settles with Chicago for $10 million following investigation

Chicago said it and Uber had come to a $10 million settlement in connection to an investigation of the company's UberEats and Postmates food delivery apps......»»

Category: marketSource: FOXNEWSDec 5th, 2022Related News

Hertz to pay $168 million over theft, arrest problems

Hertz is slated to pay a total of $168 million as part of settlement agreements in connection to allegations that it falsely reported customers of vehicle theft......»»

Category: marketSource: FOXNEWSDec 5th, 2022Related News

Foxconn’s november revenue fell 11% after Covid outbreak at iPhone factory

Foxconn Technology, a final assembler of Apple iPhones saw an 11% drop in it's revenue compared to this time last year as "zero-COVID" protests rock China......»»

Category: marketSource: FOXNEWSDec 5th, 2022Related News

S&P 500 could plunge 20% in coming months as recession hits, BofA warns

Bank of America analysts said on Monday that the S&P 500 could tumble another 20% from current levels in coming months if the U.S. enters a recession......»»

Category: marketSource: FOXNEWSDec 5th, 2022Related News

Service sector, factory order reports, Musk gets political and more: Monday"s 5 things to know

Economic reports due out Monday are expected to show a slip in service sector activity for a third month in a row, as factory orders bounced in October......»»

Category: marketSource: FOXNEWSDec 5th, 2022Related News

Apple looking to move iPhone production out of China in wake of violent worker protests: report

Apple is accelerating a plan to move its business outside of China following the violent protests at its iPhone City plant in recent weeks......»»

Category: marketSource: FOXNEWSDec 3rd, 2022Related News

Kremlin rejects EU oil price cap: "Europe will live without Russian oil"

The Kremlin on Saturday rejected EU efforts to hit Russia's top earner by placing a price cap on its oil and said 'Europe will live without Russian oil.'.....»»

Category: marketSource: FOXNEWSDec 3rd, 2022Related News

Goldman warns of bonus cuts for traders

Investment banks have seen a plunge in deal making activity this year as choppy markets and aggressive interest rate hikes have forced lenders to pull back from financing large deals......»»

Category: marketSource: FOXNEWSDec 2nd, 2022Related News

Cash-hungry companies get creative raising capital

Companies that are thinking outside the box of traditional ways to raise capital include Lordstown Motors, Foxconn, Bright Health Group, and JPMorgan Chase......»»

Category: marketSource: FOXNEWSDec 2nd, 2022Related News

Jobs report, Tesla truck, Asana falls and more: Friday"s 5 things to know

The most anticipated economic report of the month comes out Friday morning with the release of the November jobs report......»»

Category: marketSource: FOXNEWSDec 2nd, 2022Related News

Citigroup trying to get accidental $500M Revlon loan payment back

Citigroup is in talks to recoup a $500 million loan payment made for Revlon that was made by mistake......»»

Category: marketSource: FOXNEWSDec 2nd, 2022Related News