close video FOX Business Flash top headlines for April 4 Check out what’s clicking on FoxBusiness.com FedEx Corp plans to continue its cost reduction strategy for the next two years. The package delivery company will lay out the next steps on Wednesday to slash $4 billion in permanent costs by the end of fiscal 2025.
Senate Republican Leader Mitch McConnell (Ky.) and his top deputies stayed silent Tuesday as former President Trump plead not guilty to 34 felony counts, signaling how far they have diverged from their former ally. Many Republican senators blame Trump for the loss of the Senate majority and the disappointing performance of Senate Republican last year.
General Motors CompanyGM Chief Financial Officer Paul Jacobson reportedly said about 5,000 salaried workers took buyouts to leave the company. Jacobson added that the buyouts are helping the company to hit the $2 billion cost reduction target, reportedReuters. Though General Motors was able to raise prices in the U.S. over the past two years, which
What’s next for Trump after arraignment? December 4 is the next big date to watch for in the Donald Trump indictment saga. That is when the former President is due back in court for a hearing, but there’s a whole lot that could happen between now and then. FOX 5 NY’s Sharon Crowley takes a
Bank of America Corp BAC andWells Fargo & Co WFC shares are trading lower by 3.01% to $27.73 and 2.89% to $36.63, respectively, Tuesday afternoon. Shares of several banks and financial services companies are trading lower amid U.S. economic concerns after job openings came in below estimates and factory orders declined by more than expected.
In this article AMZN MSFT Follow your favorite stocksCREATE FREE ACCOUNT Ofcom said it received evidence showing Microsoft makes it less attractive for customers to run its Office productivity apps on cloud infrastructure other than Microsoft Azure. Igor Golovniov | Sopa Images | Lightrocket via Getty Images Microsoft and Amazon were accused by U.K. regulators
Drivers are being warned of a new crash scam that sees fraudsters lurk on residential roads, fake collisions and force drivers to hand over cash. The new con is a twist on the traditional “crash for cash” scams where scammers purposefully cause a collision. It involves scammers accusing drivers of clipping their wing mirror, before
Nintendo will now fix faulty Joy-Con controllers for its Switch console for free after years of complaints. The Japanese gaming company has been criticised since shortly after the system launched in 2017 over a fault that saw its analogue sticks register movement when not being used. It was dubbed “Joy-Con drift” and can impact players
US President Joe Biden will visit Northern Ireland and the Republic next week, the White House has announced. The visit marks the 25th anniversary of the signing of the Good Friday Agreement. He will first travel to Belfast in Northern Ireland, from April 11 to 12 to mark the “tremendous progress” made since the signing
Plans to house 500 asylum seekers in a giant vessel in Portland, Dorset, are to be announced by the government today, Sky News understands. The Home Office has been “exploring” the idea of using vessels to house asylum seekers to reduce the £6m daily bill of using hotels. The government is expected to confirm today
Less than a year after initially teasing its interior, the new EQE SUV from Mercedes-Benz is on the cusp of reaching customers for the first time. As one of the first Mercedes EVs completely assembled in the US, the EQE SUV has designed with Americans in mind and should do well in the market. Before
Donald Trump has claimed he is the victim of election interference, as he condemned New York District Attorney Alvin Bragg for bringing criminal charges against him – speaking just hours after his arraignment. The former US president delivered an address to a crowd of some 500 people in his Mar-a-Lago estate ballroom in Florida after
Elon Musk is hyping up Tesla Cybertruck production as some still hold on to hope that Tesla might be underpromising to overdeliver. The Cybertruck production program is being closely followed by the industry as it is likely the most important new electric vehicle to launch this year. With over 1.5 million reservations and Tesla’s incredible
U.S. Energy Secretary Jennifer Granholm speaks to reporters during a press briefing at the White House in Washington, June 22, 2022. Kevin Lamarque | Reuters The Biden administration is channeling hundreds of millions of dollars from recent legislation into its efforts to turn coal communities into clean energy hubs, the White House said Tuesday. The
In this article PJC META Follow your favorite stocksCREATE FREE ACCOUNT A gallery assistant wearing an Oculus Quest 2 virtual reality (VR) headset to view the House of Fine Art (HOFA) Metaverse gallery stands in front of digital artwork “Agoria, _{Compend-AI-M}_ 2022 #16” during a preview in Mayfair, London, UK, on Thursday, Nov. 10, 2022.
US President Joe Biden speaks at Cummins Power Generation Facility in Fridley, Minnesota, on Monday, April 3, 2023. Nicole Neri | Bloomberg | Getty Images President Joe Biden is set to meet discuss “risks and opportunities” of artificial intelligence in a meeting with his council of science and technology advisors on Tuesday, a White House
Police in Gloucestershire have arrested a man on suspicion of the murder of Carol Clark, who was killed 30 years ago after going missing in Bristol. The 66-year-old suspect was taken into custody for questioning on Tuesday, Gloucestershire Police said. Ms Clark was 32 when she was last seen alive, getting into a car in
Frontier fintechs are a rapidly growing sector in the financial industry. These new players in the industry offer innovative solutions to traditional financial services, often using cutting-edge technology to provide fast, convenient and cost-effective financial solutions. One of the key characteristics of frontier fintechs is their focus on customer-centricity. Unlike traditional financial institutions, fintech companies
Apple, Inc.s AAPL next biggest product after the iPhone is set to drop, with the unveil touted as a monumental launch for the company. What Happened: Apple is planning to debut its first mixed-reality (MR)headset on June 5, 2023, which the companysees as the beginning of a post-iPhone era,Bloomberg columnist Mark Gurman said in his
In Finland, Prime Minister Sanna Marin has conceded after her center-left Social Democratic Party came in third in Sunday’s election, behind right-wing and nationalist rivals. The National Coalition Party, Finland’s main conservative party, won the most votes, though not enough to rule on its own, and will have to form a coalition government. The NCP