Drug dealers reportedly targeting Facebook to sell steroids; Apple invests big in manufacturing
Fox Business Briefs: Drug dealers are reportedly targeting Facebook, YouTube to sell steroids. Tech giant Apple makes big investment in manufacturing, puts $250 million into a corning plant in Harrodsburg, Kentucky.
Drone attack causes Saudi Arabia to take half of its production offline
Fox Business Briefs: Oil prices shoot up over 9 percent after drone attack on Saudi Arabia.
Groupon looks to make a big purchase
Fox Business Briefs: The daily-deals company is reportedly looking to acquisitions as shareholders show more concerns over its finances and stock price.
Target set to hire more than 130,000 employees for the holiday season
Fox Business Briefs: Retailer Target is beefing up its staff for the upcoming holiday season.
E-cigarette maker Juul facing more backlash from the feds
The FDA puts e-cigarette maker Juul on notice, claiming it has ignored the law by marketing its products as safer than cigarettes.
The NRA slams Walmart’s decision to limit gun and ammo sales
Fox Business Briefs: The gun rights group released a statement saying “Walmart’s actions will not make us any safer.”
Hurricane Dorian could cost insurers $25B
Fox Business Briefs: Analysts at UBS say insurance losses due to Hurricane Dorian could surpass $25 billion.
Target expands its drive-up service nationwide, Telsa looking to branch out into auto insurance
Fox Business Briefs: Telsa is offering auto insurance to Telsa owners in California with plans to expand to other states. Target looks to move its drive-up service nationwide, drivers can purchase items through the Target app.
Purdue Pharma, Sackler family offer $10B-$12B to settle opioid lawsuits: Report
Fox Business Briefs: Attorney General Josh Stein speaks out about opioid cases, says the makers of OxyContin must be held accountable.
Johnson & Johnson vows to appeal $572 million ruling in opioid trial
Fox Business Briefs: A judge orders Johnson & Johnson to pay $572 million for fueling the opioid crisis in Oklahoma.
Thousands of unsafe products still available on Amazon
Fox Business Briefs: Investigation reveals more than 4,000 items have been declared unsafe by federal agencies and still remain on the Amazon site.
China announces tariff hike on $75 billion of US goods
Fox Business Briefs: Fears of a global recession grow as China announces tariff hikes on $75 billion of U.S. products.
Del Monte to close two US plants, nearly 1,000 jobs loss
Fox Business Briefs: Del Monte announces layoffs, closing down two production facilities and will result in the loss of nearly 1,000 jobs.
Walmart is suing Tesla over faulty solar panels
Fox Business Briefs: Walmart is suing Elon Musk's company for gross negligence, breach of contract and failure to meet industry standards.
Target is launching its own grocery brand
Fox Business Briefs: Good and Gather will become Target's largest brand offering eggs, milk and organic products.
Illinois becomes first state to require insurers to cover EpiPens for kids
Illinois now requires insurers to cover EpiPens for kids, but there are still questions about whether it will lead to lower costs.
Facebook listening to voice chats, paying contractors to transcribe them
Fox Business Briefs: Facebook says users affected are those who opted in to having their voice chats transcribed.
The NFL is officially getting into the betting business
Fox Business Briefs: The NFL signs an exclusive deal with Sportradar to distribute official league data for bets.
Average price of regular gasoline drops over the past two weeks
Fox Business Briefs: Increased refinery production and lower crude oil costs contributed to the decrease in average prices; the nation's highest costs are in the San Francisco Bay Area and the lowest average prices in Baton Rouge, Louisiana.
Privacy violation involving Skype
Fox Business Briefs: Contractors working for Microsoft are reportedly listening to personal conversations of skype users via the app's translation service.