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Banks
Grayscale to launch first US XRP trust, paving way for potential ETF
MicroStrategy Executive Chairman Michael Saylor explains the strategic value of holding Bitcoin on 'Making Money.' Exclusive: Crypto asset manager Grayscale is taking the first step in launching an XRP exchange-traded fund, FOX…
BurgerFi joins number of eateries filing for Chapter 11 bankruptcy
Check out what's clicking on FoxBusiness.com. The number of restaurant chains that have filed for bankruptcy this year grew on Wednesday after BurgerFi International filed for Chapter 11 protection. The company said it filed for…
Bank of America ups minimum hourly pay to $24 in US
Check out what's clicking on FoxBusiness.com. Bank of America increased its pay for hourly workers in the U.S. to $24. The new rate, announced Tuesday by the North Carolina-based bank, represents a $1-per-hour increase for all full-…
FTC’s bid to block Albertsons-Kroger merger heads to trial
Heritage Foundation public finance economist E.J. Antoni discusses the Kroger-Albertsons potential merger and the rulings impact on the U.S. economy. The Federal Trade Commission (FTC) on Monday kicked off a trial amid its push to…
Boeing strikes tentative labor deal with union representing over 32K
Ron Epstein, senior aerospace analyst at Bank of America, weighs in on the current state of the aerospace giant Boeing as the company names their new CEO. Boeing announced Sunday it reached a tentative agreement with the union…
Toyota recalls 43,000 hybrid SUVs in US because their tow hitch covers
'Barron's Roundtable' panelists discuss Toyota's stock hitting an all-time high this week and the impact of EV slowdown on Ford and General Motors. Toyota is recalling more than 43,000 Sequoia hybrid SUVs over concerns the tow hitch…
7-Eleven parent rejects acquisition proposal from Canada-based convenience
Check out what's clicking on FoxBusiness.com. Seven & i on Friday declined the preliminary proposal that Alimentation Couche-Tard made last month to acquire the Japanese corporate parent of the 7-Eleven convenience store chain.…
Stocks sink after jobs miss, Trump-Harris tax plans, home retailer closing
Former U.S. International Trade Commission chief Peter Morici on migrants in the labor force and former President Trump's corporate tax rate plan. U.S. hiring picked up in August but not as much as economists had forecasted. …
Disney leak included personal information for some cruise line workers:
Check out what's clicking on FoxBusiness.com. Information leaked from the Walt Disney Company earlier this summer includes passport numbers of cruise line workers, revenue generated from Disney+ and Genie+ (now Lightning Lane) and…
Modelo and Corona parent company says weak wine demand could impact
Check out what's clicking on FoxBusiness.com. Constellation Brands has been seeing soft demand in its wine and spirits segment — and the alcohol producer recently said it will weigh on its second-quarter results. The company said…