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Lowe’s partners with DoorDash, Alphabet’s Wing Aviation on drone delivery service
Lowe’s announced Thursday that it is rolling out a drone delivery pilot in North Carolina, saying it is the first home improvement retailer to offer shoppers the service. The pilot is now live at a Lowe’s store in Matthews, North Carolina, where eligible…
CEO warns high diesel costs could trigger a ‘vicious cycle’ of surging food prices
Record-high diesel prices are squeezing American farmers during harvest season, raising the risk that higher production costs could eventually hit consumers at the grocery store. Pivot Bio CEO Chris Abbott joined FOX Business’ Taylor Riggs on “Mornings with…
Mortgage rates top 7% for first time since early 2025
Mortgage rates rose to more than 7% for the first time since January 2025, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose…
Peter Schiff predicts economic ‘downturn,’ higher oil prices: ‘I don’t think it’s over’
Oil prices will rise even higher regardless of whether the Iran war ends, U.S. economic and political commentator Peter Schiff predicted during an interview with Fox News Digital on Wednesday, noting that he expects an economic “downturn.” Schiff, chief…
Google partners with veterans groups to help 25,000 enter skilled trades careers amid worker shortage
Exclusive: Google on Thursday announced a new initiative to partner with veterans groups to help 25,000 veterans, service members and military spouses enter the skilled trades, according to an announcement viewed by FOX Business. Google’s announcement will…
Starbucks to close 250 stores: ‘Difficult decision’
Starbucks announced plans to close roughly 250 stores across North America this week, company COO Mike Grams revealed Thursday. Grams announced the closure in a public statement, saying that while most of its 18,000 North American stores were profitable, a…
Bank of America to hire 1,000 more apprentices, invest $150M in workforce development
Bank of America is expanding its skills-based hiring efforts, announcing Thursday that it will hire 1,000 additional apprentices over the next two years while investing $150 million in workforce development programs. The Charlotte, North Carolina-based bank…
McDonald’s to spend $8.5B on revamping restaurants, tech and franchise support
McDonald’s on Wednesday announced new details as part of its long-term growth strategy, which will include a focus on upgrading restaurants and staff training, at an investor day at the corporate headquarters in Chicago. The fast-food giant announced its NEXT…
Effective AI governance doesn’t slow innovation, AI expert tells House panel
A House panel held a hearing on Wednesday to discuss the need for the U.S. and China to responsibly pace artificial intelligence (AI) development ahead of this week’s meeting between President Donald Trump and Chinese President Xi Jinping. The House Select…
Adidas becomes Unrivaled’s official uniform and performance apparel partner in multiyear partnership
As the Unrivaled women’s basketball league continues to grow, Adidas is jumping on board with a multiyear partnership to become its official uniform and performance apparel partner. The fast-growing women’s 3-on-3 league, founded by WNBA stars Breanna Stewart…