Check out what’s clicking on FoxBusiness.com. Australian Prime Minister Anthony Albanese said on Monday he had a “warm conversation” with President Donald Trump about tariffs and the AUKUS defense pact after his re-election over the weekend. Albanese, Australia’s first prime minister to win a second consecutive term in two decades, …
Read More »Bertucci’s restaurant chain is down to 15 locations after latest bankruptcy
FOX Business correspondent Jeff Flock discusses the record ground beef prices due to supply issues on ‘Varney & Co.’ Italian restaurant chain Bertucci’s filed for Chapter 11 bankruptcy protection in late April for the third time since 2018. The Massachusetts-based business, which has locations along the East Coast and …
Read More »OpenAI seeks to bolster AGI investments with new corporate structure
OpenAI CEO Sam Altman and Anduril Industries co-founder and CEO Brian Schimpf discuss the future of A.I. and the ethical use of technology on ‘Making Money.’ OpenAI is shaking up its corporate structure to bring in new investors and accelerate the development of artificial general intelligence (AGI). During a Monday …
Read More »OpenAI says nonprofit will stay in control of business
OpenAI CFO Sarah Friar discusses the company’s partnership with SoftBank, consumers embracing artificial intelligence, OpenAI’s ‘deep research’ tool and DeepSeek’s impact in the space. OpenAI announced on Monday that the artificial intelligence (AI) giant is scuttling its plan to move the company away from a nonprofit structure to becoming a …
Read More »Bessent tells investors Trump’s policies will deliver ‘golden age economy’
Treasury Secretary Scott Bessent expands on the implementation and impact of the three-legged stool which includes trade, tariff negotiations and deregulation. Treasury Secretary Scott Bessent on Monday said at an investor conference that President Donald Trump’s policies will drive economic growth. Bessent delivered remarks at the Milken Institute Global Conference and …
Read More »UPS, Cisco, and other companies are using AI to adjust their workforce
Waystar CEO Matt Hawkins discusses denied healthcare claims and overturned rates on ‘The Claman Countdown.’ Some companies have been adjusting their workforce as they simultaneously embrace artificial intelligence and automation more, according to Forbes. The outlet reported over the weekend that Duolingo, UPS, Klarna, Cisco and Inuit are among some of …
Read More »Air traffic controllers lost signal for over a minute prior to chaos at Newark Airport: report
Sean Duffy discusses supporting airspace navigation and the investigation into the D.C. plane crash on ‘The Claman Countdown.’ A damning report has found that air traffic controllers briefly lost radar and radio signals while guiding planes to Newark Liberty International Airport in New Jersey last week. Bloomberg first reported on …
Read More »27K EVs recalled for rearview camera display not operating
Check out what’s clicking on FoxBusiness.com. Polestar is recalling more than 27,800 of its Polestar 2 electric vehicles in the U.S. over the risk that their rearview camera display might not show an image while backing up. The electric vehicle maker said in a report submitted to the National Highway …
Read More »Reopening Alcatraz: How much tourism revenue does the historic prison bring in?
FOX Business American Built explores the beginnings of San Franciscos island-based penitentiary. President Donald Trump on Sunday announced that he’s directing federal agencies to reopen the prison at Alcatraz after rebuilding and expanding the prison that was shuttered over 60 years ago and currently serves as a museum and tourist destination …
Read More »Stablecoin bill ‘hotlined’ for vote, but hits Dem curveball as sponsors flee
‘These are the Plunderers’ co-author Joshua Rosner clarifies a ‘false talking point’ about PayPal Stablecoin on ‘Making Money’ and unpacks how private equity negatively impacts the middle-class and poor. Sen. Bill Hagerty, R-Tenn., recently got the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act regulating stablecoin “hotlined” for …
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