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Joined July 2009
Check your toothpaste before brushing. More than 4 million tubes of toothpaste are being recalled nationwide, including children's products featuring Barbie, Hot Wheels and Crayola branding. The FDA has classified the recall as Class II after identifying manufacturing practice violations, warning that exposure could cause temporary or medically reversible health problems. See the full list of affected brands and products to find out if yours is included: foxbusiness.com/lifestyle/po…
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Ollie's Bargain Outlet is opening locations across seven states this month. The Pennsylvania-based discount chain is launching the new stores in Minnesota, New York, Ohio, Illinois, North Carolina, New Jersey and Maine. Download the Fox News app or go to Foxbusiness.com for more. Full story here foxbusiness.com/retail/disco…
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Hidden homeownership costs now hit $16,566 a year, up 32% over the past five years. Insurance premiums surged 54% in that span, while maintenance expenses climbed 32% and property taxes rose 19%, according to a new analysis. Download the Fox News app or go to Foxbusiness.com for more. Full story here foxbusiness.com/economy/owni…
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Billionaire hedge fund founder Ken Griffin, Vornado Realty Trust and Rudin secured a $3.3 billion construction loan to develop a 66-story Manhattan office skyscraper. The deal comes after a public feud earlier this year with New York City Mayor Zohran Mamdani, who singled out Griffin's penthouse in a video pushing his pied-a-terre tax. Download the Fox News app or go to Foxbusiness.com for more. Full story here foxbusiness.com/real-estate/…
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The Big Apple has taken another step away from its longstanding financial relationship with Israel, as the city comptroller declined to restore a nearly 50-year investment tradition involving Israel Bonds. Comptroller Mark Levine is facing questions over his decision not to restore purchases of Israel Bonds, reportedly reversing a campaign pledge as the organization's CEO challenged his financial justification, saying his office only learned of the decision through news reports. Israel Bonds CEO Dani Naveh challenged Levine's financial rationale in an interview with FOX Business, pointing to competitive interest rates, Israel's record of repayment and continued investments by other state governments, including New York state. Full story here foxbusiness.com/fox-news-wor…
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Elon Musk says Tesla vehicle demand is outpacing production, driven largely by growing interest in Full Self-Driving technology. The automaker reported $28.05 billion in third-quarter revenue and more than 486,000 vehicle deliveries, as Musk outlined plans to ramp up manufacturing to 5 million vehicles annually by 2030. Tesla is also preparing to launch its Cybercab service in Dallas this November, expanding its autonomous transportation operations beyond Austin. Read more about Elon Musk's plans to boost Tesla production and expand its Cybercab service: foxbusiness.com/technology/e…
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"Truly the epitome of hypocrisy for a public official." FBI Director Kash Patel delivers a sharp rebuke of Virginia state Sen. Louise Lucas, as he says she used her position of power and public trust to shield an alleged criminal enterprise. Patel says the indictment outlines a marijuana trafficking operation designed to generate wealth, recycle drug proceeds, and steer marijuana licenses toward entities with financial ties to members of the alleged enterprise.
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BREAKING: Virginia state Sen. Louise Lucas faces five federal charges in an alleged criminal enterprise involving marijuana trafficking, money laundering, and political corruption. Attorney General Todd Blanche says prosecutors accuse Lucas of directing criminal activities, overseeing the laundering of drug proceeds, and using her political influence to demand and accept a bribe. Seven defendants are charged in connection with the alleged operation, which prosecutors say also involved an attempt to influence Virginia legislation for personal and family benefit.
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