FOX Business News

Check out what’s clicking on FoxBusiness.com Samsung Electronics reported a worse-than-expected 32% drop in quarterly operating earnings on Friday. The company says an economic downturn slashed demand for electronic devices and the memory chips that go in them. Samsung’s memory chip shipments likely came in below already downgraded expectations and […]

Meet Scout, Amazon’s new delivery robot that is aiming to help solve the last-mile problem. Amazon.com has decided to park its Scout automated delivery robot. A company spokesperson said in an emailed statement on Thursday, that after live tests, the program did not completely meet its customers’ needs. Scout is […]

A guaranteed income program in Los Angeles gives $1,000 a month to more than 3,000 residents. FOX Business’ Kelly O’Grady with more. Residents in Cook County, Illinois, which includes the city of Chicago, can start applying for a guaranteed income program that will pay them $500 per month for two […]

Check out what’s clicking on FoxBusiness.com Rite Aid is contemplating placing all merchandise in showcases in New York City in an effort to curb retail theft, according to Fox 5 New York.  In late September, executives at Rite Aid cited “shrink,” a term that retailers use to describe theft, as […]

Okta CEO and co-founder Todd McKinnon has a prediction tied to work-from-home extensions amid COVID omicron variant. The chief executive officer of Zoom discussed hybrid work during a Thursday panel. Eric Yuan, speaking during a virtual panel at BoxWorks 2022, said the hybrid work model is “not that straightforward” and […]

FOX Business host Larry Kudlow blasts the Biden administration’s energy policies ahead of OPEC cutting production on ‘Kudlow.’ Day two of the Saudi-OPEC October surprise. Even worse than the oil production cut and the price hike is the Biden response. From a statement by the National Security Council and the National […]

Google is pushing a pilot program to exempt federal political emails from its spam features, but Republicans say that’s not enough. Due to an acquisition by Google, all Fitbit accounts will be integrated with the search engine by 2025.  In January 2021, Google purchased Fitbit, the fitness brand, and now […]

Prosper Trading Academy CEO Scott Bauer and Seaport Securities founder Teddy Weisberg discuss if Musk will reach a deal with Twitter and what more Fed rate hikes mean for the market on ‘The Claman Countdown.’ A judge in Delaware has halted Twitter’s pending litigation against Elon Musk, granting the Tesla […]

Check out what’s clicking on FoxBusiness.com Goodwill, the American nonprofit organization that’s funded by a network of retail thrift stores, has started a new “recommerce venture” that will fund various community-based programs it operates throughout the U.S. The business endeavor – entitled GoodwillFinds – is an online shop where secondhand […]

Former FDIC Chair Sheila Bair discusses Credit Suisse’s issues as the U.S. faces economic challenges and how the Fed will keep financial systems ‘stable.’ A loud online chorus set its sights on one of Switzerland’s biggest banks in recent days, helping spark wild trading and fanning fears that the institution, […]