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US to face shortage of 67,000 chip industry workers by 2030: study

Beth Kindig, Official Technology Analyst for the I/O Fund, analyzes the tech sector for “how to make money.” The U.S. semiconductor industry will need about 67,000 workers by 2030, according to a study produced by the Semiconductor Industry Association (SIA) and Oxford Economics. The industry employs about 345,000 in 2023 and is projected to reach […]

Gas prices may spike as much as 10 to 25 cents this week in some states

FOX Business’s Madison Alwerth reports on electric car rental inventory forecasts and shifts away from gasoline rentals for Varney & Co. With temperatures soaring to summer highs nationwide this week, consumers may need to prepare to spend more on a gallon of gasoline due to rising oil prices and heat-related refinery shutdowns. Gasoline prices soar […]

Lyft open to selling bike, scooter business

Lyft CEO David Risher discusses the changes he’s making to turn the company’s stock price around on “The Claman Countdown.” Lyft said Monday it was considering selling its bike and scooter division or finding a strategic partner as the ride-sharing company competes with Uber for market share. California-based Lyft said it has seen “strong inbound […]

AMC chief executive delivers warning after stock conversion rejected

Marcus Corporation CEO Greg Marcus previews the summer movie season following the recent rally in theater stocks in “Cramant Countdown.” AMC Entertainment CEO Adam Aaron has warned that the company could “probably” run out of cash in the next two years if it is not allowed to raise capital through a stock conversion. Aaron reacted […]

Elon Musk’s Twitter officially rebrands, changes iconic blue bird logo to X

Jessica Melgin, Director of the Competitive Enterprise Institute Center for Technology & Innovation, Talks Twitter’s New CEO and the ‘Unexpected Consequences’ of Using AI for Kids Twitter officially got a new look. Earlier Monday morning, Twitter owner Elon Musk officially replaced the iconic blue bird logo on his social media platform with the new black […]

Tech, oil and Fed decision slated for week ahead

Kenny Polcari, chief market strategist at Slatestone Wealth, discusses whether a decline in tech stocks is something investors should worry about in Kabuto: Coast to Coast. The tech giants will start reporting next week along with a series of oil-producing countries and economic data such as the Federal Reserve’s interest rate decision on Wednesday. Meanwhile, […]

Mega Millions jackpot reaches staggering $720M, fifth largest

Navor Herrera, owner of Las Palmitas Mini Market, accepted the $1 million check at a press conference Thursday morning with Powerball officials. (FOX11) Mega millions jackpot It’s now worth $720 million after Tuesday night’s drawing failed to draw a winner. According to Mega Millions, the prize is the 5th highest in gaming history, with an […]

AMC shares surge after judge blocks settlement for stock conversion plan

Check out what’s being clicked on FoxBusiness.com On Friday, a judge blocked a proposed settlement of AMC Entertainment Holdings Inc.’s share conversion plan, allowing the company to issue additional shares, sending common stocks up and preferred stocks down in after-hours trading. Delaware Deputy Premier Morgan Zulun said in the ruling that the settlement cannot be […]