FOX News

Nike is making a move that will please consumers and animal rights activists alike. The maker of athletic apparel has announced it will stop using kangaroo skins for its shoes this year, ending a controversial practice. The move comes weeks after a similar decision from German rival Puma. Nike said […]

Goldman Sachs was the purchaser of the bond portfolio that Silicon Valley Bank booked a $1.8 billion loss on, setting SVB’s failure into motion. SVB revealed the news on Tuesday. The loss was the reason the technology-focused lender attempted a $2.25 billion stock sale last week using Goldman Sachs as […]

The Biden administration’s approval of the oil drilling operation known as the Willow Project over objections from environmental groups is expected to deliver substantial benefits to Alaska’s economy and billions in government revenue. The Willow Project is located on Alaska’s North Slope in a small portion of what’s known as […]

Even before the weekend collapse of Signature Bank, U.S. prosecutors already had the firm in its sights. Signature Bank was being examined for its work with crypto clients, according to Bloomberg. Justice Department investigators in Washington and Manhattan were examining whether the New York bank took sufficient steps to detect […]

Republican lawmakers are criticizing the Biden administration’s budget proposal for the Pentagon as being too small to account for the effects of persistent inflation as the military looks to counter national security threats posed by China and Russia. President Joe Biden’s budget proposal included an overall $886 billion for national […]

China’s TikTok is considering separating from parent ByteDance to help address U.S. concerns about national security risks, Bloomberg News reported on Tuesday. A divestiture, which could result in a sale or initial public offering, is considered a last resort, and to be pursued only if the company’s existing proposal with […]

A spicy new protein Chipotle previously tested in two U.S. cities last year will soon have a global limited-time launch, the Mexican fast-food chain announced Tuesday. The new option, chicken al pastor, will become available to Chipotle customers “for a limited time” in the countries where the company has locations, […]

Southwest Airlines said it plans to ramp up winter staff levels and increase the number of de-icing trucks it has on hand in order to avoid another catastrophic holiday meltdown. As part of its tactical plan to boost operation resiliency, Southwest said it will also invest in other technology improvements […]

Certain corporate Apple employees will reportedly have their upcoming bonuses postponed until later in the year. Citing unnamed sources, Bloomberg reported Tuesday tech giant Apple will do so for workers in corporate divisions that usually get bonuses on a biannual basis. Those affected will go from having their bonuses split […]

The home that was featured in “The Princess Diaries” has hit the market for $8.9 million. The home — located at 2601 Lyon St. in San Francisco — celebrates its 100th anniversary this year. Built in 1923, the home sits on the eastern edge of the Presidio Wall, and has […]