Disney's tax district accused of shady dealings amid DeSantis standoff: 'Akin to bribes'
A board appointed by Florida Gov. Ron DeSantis called out Disney for what it said was decades of tax breaks and schemes "akin to bribes" at the expense of Florida residents.
Novo Nordisk takes legal action against pharmacies selling drugs claiming to contain semgaglutide
Novo Nordisk announced Thursday that it is pursuing legal action against two compounding pharmacies for allegedly selling compounded drugs that claim to contain semaglutide.
Eli Lily's Mounjaro is more effective for weight loss than Ozempic, study shows
Mounjaro, which is the brand name for tirzepatide, was shown to be even more powerful than Ozempic in a recent study with adults who were overweight or obese.
Russian, Chinese businessmen considering secret undersea tunnel connecting to Crimea: report
The Chinese Railway Construction Corporation is in communication with Russian business leaders about possibly building a tunnel connecting Russia to Crimea, according to reports.
Ransomware attack on Chinese bank highlights fragility of the $33.7 trillion Treasury market
Treasury bonds, like all fixed-income assets, have been shellacked by inflation during the Biden administration, which has caused the dollar to lose more than 17% of its value.
GOP hopeful Vivek Ramaswamy outlines crypto plan
Vivek Ramaswamy, a candidate for the 2024 Republican presidential nomination, provided an outline of his "Three Freedoms of Crypto" framework Thursday.
Rare US stamp 'Inverted Jenny' sells for record $2M
An rare stamp known as the “Inverted Jenny," was purchased on Wednesday for a record setting $2 million. The stamp depicts an upside-down aircraft.
Altana, Dataminr partner to use AI to monitor supply chain in real-time
Altana and Dataminr announced a new strategic partnership will leverage both firms' artificial intelligence to provide real-time monitoring of the supply chain through Altana's Atlas.
Man crushed to death by industrial robot that confused him for a box: police
A man in South Korea died Tuesday after a robot was said to have mistaken him for a box and crushed him against a conveyor belt, police have said.
Goldman Sachs issues memo to 2024 campaigns warning of under-the-radar regulation harming small businesses
FIRST ON FOX: A Goldman Sachs small business initiative is calling on 2024 political candidates to oppose efforts to restrict small business owners' access to capital.
FDA approves Eli Lilly's tirzepatide for weight loss
Eli Lilly's drug tirzepatide was approved by the Food and Drug Administration to help people who are overweight and have a weight-related medical condition lose weight.
CFPB proposes federal oversight for digital wallets, payment apps
The Consumer Financial Protection Bureau proposed a new regulation to apply consumer financial protection rules to nonbank firms that offer payment apps and digital wallets.
North Carolina officials seize $170K of THC-infused snacks, candy packaged using counterfeited brands
According to North Carolina officials, $170,000 worth of THC-infused snacks that were packaged using counterfeited brands were seized from store shelves.
Think tank launches campaign to protect consumers from CFPB after agency data breach
A think tank is launching a campaign aimed at holding the Consumer Financial Protection Bureau accountable after a data breach at the agency affected more than 250,000 consumers.
Battery maker warns demand could slow for EVs as GM-Honda partnership falls apart
Global market conditions are contributing to slowed demand for electric vehicles. Automakers, including GM and Honda, have responded by scrapping plans to produce affordable EVs.
Eli Lilly, Novo Nordisk test popular weight loss-related drugs on children
Eli Lilly and Novo Nordisk are seeking to test some of their most popular drugs approved for Type 2 diabetes and weight management in adults on children.
What is phenylephrine and why is CVS pulling products containing it?
CVS was the first pharmacy to announce it was removing certain cold and flu products with phenylephrine even before the U.S. Food and Drug Administration made a final decision.
Biden called upon by pro-growth groups to withdraw CFPB’s late fees rule
A coalition of pro-growth groups are calling on the Biden administration to withdraw its credit card late fees rule, arguing the regulation will hurt responsible consumers.
Cryptocurrency under scrutiny after link to funding Hamas attack on Israel: 'proliferation' of illicit use
Cryptocurrency should have created transparency with digital tracking of all uses and owners, but the process of its use has made it possible to instead obscure those very facts.
Limiting credit card rates means credit won’t be everywhere you want to be
Limiting credit card rates means credit won’t be everywhere you want to be. Capping rates will mean banks and financial companies will restrict credit cards for less risk.