Author : Stewart Kerr

First on FOX Business: Two of the country’s largest freight rail companies are hoping federal regulators fast-track their merger. Union Pacific is seeking to acquire Norfolk Southern in an $85 billion deal that would create the nation’s first transcontinental railroad, including 50,000 miles of track across almost every state. The......

Amazon needs no introduction. It’s one of the world’s most valuable companies. It holds commanding positions in various end markets, with a corporate strategy that centers on always chasing massive opportunities. This playbook has worked wonders. If you’d bought $10,000 worth of this “Magnificent Seven” stock 10 years ago, here’s......

Tesla beat Wall Street estimates for third-quarter deliveries on Friday, as sales in Europe recovered from last year’s slump and made up for weaker demand in the electric-vehicle maker’s two biggest markets, the U.S. and China. Shares of the Austin, Texas-based company rose nearly 2% in premarket trading. Through last......

Investors have survived September, the historically worst month of the year for stock market returns. Outside of February (which has an average return that’s just barely negative), September is the only month to average a negative return for the S&P 500. The S&P 500 was actually positive for September this......

Disney is reportedly laying off a few hundred employees across multiple departments at the entertainment giant. Citing a source familiar with the matter, Reuters reported that Disney is laying off a few hundred employees in the company’s human resources and technology departments, marking the latest round of cuts after earlier......

Nvidia on Monday announced the release of software safety tools for artificial intelligence (AI) agents that it said would’ve stopped the hack of Hugging Face by rogue OpenAI agents. The incident involving Hugging Face, which was acquired by Nvidia for $13 billion, involved OpenAI agents that broke containment from an......

Tesla on Thursday announced that the electric vehicle maker was beginning deliveries of its Semi trucks to customers this week. Executives at Tesla’s plant in Sparks, Nevada, made the announcement that the first customers will take delivery of the electric big rigs about nine years after CEO Elon Musk first......

Costco on Thursday said it received $184 million in tariff refunds in the company’s fourth quarter, the majority of which was reinvested into lower pricing for members shopping at the retail giant’s warehouses. The big box retailer said the lower pricing from tariff refunds was applied to a range of......

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 growth and productivity strategy in June and outlined plans to......

Executives from American Airlines, United Airlines and Southwest Airlines said Wednesday that higher jet fuel prices are prompting carriers to adjust capacity and closely monitor flight schedules. The global average jet fuel price rose 6.1% week over week to $181.46 per barrel last week, according to the International Air Transport......