America must focus on hypersonics as weapons race with China advances, senator says
Sen. Marsha Blackburn, R-Tenn., criticizes 'legacy systems' inside the Pentagon for hindering America's hypersonic weapons development on 'Varney & Co.'
FTC backs DOJ plan to force Google to share search data with competitors in landmark antitrust case
The FTC filed an amicus brief in favor of the DOJ's call for Google to share its user data with competitors after a DC judge ruled the search engine was a monopolist in August, 2024.
Disney unveils new direct-to-consumer ESPN streaming service with $29.99 price tag
Disney's new direct-to-consumer streaming service to use one of its most popular cable networks' name with ESPN and will include a number of channels.
Fox Business Briefs 5/12
Anheuser-Busch invests $300M to boost manufacturing careers; Apple considers raising iPhone prices, without blaming tariffs; Rule on deceptive ticket pricing goes into effect.
Gordon Chang raises concerns about China's posture amid tariff agreement with US
Gatestone Institute senior fellow Gordon Chang on the U.S. and China reaching an agreement to reduce tariffs, Apple reportedly considering raising iPhone prices without blaming tariffs, and China's Gen-Z calling themselves 'rat people.'
Democrats kill Trump's stablecoin bill in blow to crypto
'The Big Money Show' panel explains why Senate Democrats rallied to block the Trump administration's GENIUS Act.
Trump's foreign movie tariff would 'devastate' Hollywood workers, film producer says
Film producer Bradley Gallo discusses whether President Donald Trump's tariffs can revive the Hollywood film industry on 'Varney & Co.'
Google's 'new innovation' could help drive stock prices to $205, investor says
Evercore ISI senior managing director Mark Mahaney analyzes Google after the stock dropped 26% from its February high on 'Varney & Co.'
Lego to invest $366M in 2 million-square-foot Virginia warehouse: 'An exciting new chapter'
Lego Group announced it is investing $366 million for a new warehouse in Prince George County, Virginia, bringing hundreds of jobs to the state.
Bill Gates pledges to give away nearly all his wealth and close his foundation in 2045
Bill Gates made a major announcement about his wealth and the Gates Foundation on Thursday. An Andrew Carnegie essay helped inspire his decision.
OpenAI CEO Sam Altman to testify before Senate committee on AI: 'Good will outweigh the bad'
OpenAI CEO Sam Altman will testify before the Senate Committee on Commerce, Science, and Transportation Thursday about the future of artificial intelligence.
Barbie maker Mattel raises prices amid Trump tariff fight
Barbie-maker Mattel announced it is raising prices on some of its toys as it navigates a "volatile macro-economic environment and evolving U.S. tariff landscape."
Murder of health care executive triggers surge in security requests
The murder of UnitedHealthcare CEO Brian Thompson triggered a surge in corporate and personal security requests dubbed the "Luigi effect."
OpenAI backs off push to become for-profit company
OpenAI abandoned its effort to shift to a for-profit corporate structure, instead opting for a public benefit corporation that will be overseen by its nonprofit.
OpenAI shakes up corporate structure with goal of scaling up AGI investment
OpenAI has announced that it will be altering its corporate structure to create a public benefit corporation that will be controlled by the nonprofit.
Microsoft shuts down Skype after 22 years, shifting users to Teams
Microsoft is no longer offering Skype and is helping its users make the transition to Teams as the service officially retires on May 5, 2025.
How teen AI app developer got denied from 15 colleges
Student and Cal A.I. creator Zach Yadegari discusses getting rejected from 15 universities despite building a $30 million-dollar dieting app.
Spotify updating app for US users after court ruling in Apple case
Spotify announced that it's moving ahead with updating its app on Apple devices in the wake of a court ruling. The updates will show in-app pricing and subscription information.
Apple CEO says Trump tariffs could cost tech titan $900M
'The Big Money Show' panel discusses President Donald Trump's tariff strategy after Apple moved most iPhone production out of China.
Amazon, Meta can handle 'market challenges' better than most, investor says
Evercore ISI senior managing director Mark Mahaney analyzes Amazon's earnings and explains why he raised his Meta price target on 'Varney & Co.'