FOX Business2 hours agoJack Dorsey steps down from Twitter board: reportverified_publisherFOX Business - Ken MartinTwitter co-founder Jack Dorsey has stepped down from the company’s board effective today, according to The Hill. The move was not unexpected following Tesla CEO Elon Musk's multi-billion-dollar bid to purchase the platform. The announcement comes on the same day that Twitter held its annual …
FOX Business16 hours agoAbbott to reopen Michigan facility on June 4, prioritize production of specialty formulaverified_publisherFOX Business - Daniella GenoveseAbbott Nutrition plans to reopen its Michigan plant on June 4 with initial batches of formula being released consumers a few weeks later. Abbott said Tuesday that it will prioritize production of its EleCare specialty amino acid-based formulas, which are for babies with allergic and digestive …
FOX Business6 hours agoKudlow: Biden's woke climate agenda would put economy into permanent recessionverified_publisherFOX Business - Larry KudlowOf course, people have been asking me, "Are we in a recession?" or "When are we going into recession?" Here is my answer. If President Joe Biden ever succeeded with his woke, climate, fossil-free progressive agenda, he will put the American economy into a permanent recession. That's right. In Japan, …
FOX Business8 hours agoBaby formula crisis: Products from closed plant won't hit shelves until at least mid-July, Abbott saysverified_publisherFOX Business - Breck DumasAbbott Laboratories confirmed to Congress on Wednesday that the company expects to have its shuttered facility at the heart of the baby formula shortage up and running in a week and a half, setting the timeline for getting products from the plant back on store shelves as early as mid-July. During …
FOX Business9 hours agoBeatle Ringo Starr to auction off NFT digital artwork: ‘Spreading peace and love in the metaverse’verified_publisherFOX Business - Stephanie NolascoRingo Starr is drumming up some digital dollars with his NFT collection. Julien’s Auctions recently announced it is kicking off an exclusive auction offering one-of-a-kind digital works of art with its accompanying signed canvas prints created by the artist, making him the first member of the Fab …
FOX Business11 hours agoInflation likely to remain elevated this year: CBO analysisverified_publisherFOX Business - Megan HenneySky-high inflation is expected to persist for the remainder of the year, further burdening U.S. households as they face steeper prices for everyday necessities, the Congressional Budget Office said Wednesday. The CBO, in its latest budget and economic outlook, projected that key measures of …
