Remington Leaving New York For Georgia After 200 Years
Remington, America’s oldest gun maker, is poised to leave New York for Georgia in March after more than 200 years of operation in Mohawk Valley. The firearm manufacturer told union officials in late 2023 of its plans to move from Ilion to Georgia. The New York Times (NYT) reported. RemArms, the current owners of Remington […]
GM pauses sales of new mid-size Colorado, Canyon trucks over software issue
See what’s being clicked on FoxBusiness.com general motors announced Tuesday that it has temporarily suspended sales of 2024 Chevrolet Colorado and GMC Canyon medium-duty trucks to resolve intermittent software quality issues. GM said a fix has been identified and the voluntary and temporary suspension is aimed at correcting the problem. Software issues before being delivered […]
Capital One Financial Corporation Purchases Discover
Capital One Financial Corporation announced Monday that it inked a deal and purchased Discover Financial. Capital One and Discover declared in their press release that both had entered into the binding deal, where Capital One was purchasing Discover in a “all-stock transaction valued at $35.3 billion.”(RELATED: Corporate America Is Dumping Diversity Professionals More Than Other […]
Why Walmart is buying smart-TV maker Vizio
Walmart US CEO John Farner joins “The Big Money Show” to share developments with the retail giant, including the opening of 150 new stores in the United States. Walmart announced Tuesday that it will acquire smart TV maker Vizio for $2.3 billion, with the aim of boosting retail giant Vizio’s fast-growing advertising business. “There is […]
Capital One, Discover merger will break Visa-Mastercard ‘duopoly,’ analysts say
Check out what’s being clicked on FoxBusiness.com Analysts say Capital One Financial’s $35.3 billion deal with Discover Financial could create new competition for payments giants Visa and Mastercard and smooth the path to regulatory approval. He said there is. The all-stock deal announced Monday will give Capital One access to Discover’s network of payment processing […]
Biden Admin Reportedly Set To Greenlight Rule Change That Could Spike Gas Prices — But Not Until After The Election
The Biden administration is expected to ease seasonal restrictions on ethanol-gasoline blends but has delayed the change until after the 2024 election to avoid a price spike, according to Reuters. The rule change stems from a 2022 request from the governors of Illinois, Iowa, Minnesota, Missouri, Nebraska, Ohio, South Dakota and Wisconsin to allow the […]
‘We’re Definitely Facing Extinction’: Black Farmer Blasts Joe Biden For Prioritizing Ukraine
National Black Farmers Association President John Boyd Jr. on Tuesday asserted black farmers are a dying breed and criticized President Joe Biden for helping Ukraine but not American farmers. There are now only 40,000 black farmers in the United States, down from a million at its peak, and their land ownership has drastically declined, Boyd […]
Elon Musk Says His Brain Chip Allowed Patient To Move Object With His Mind
Billionaire Elon Musk says his company Neuralink’s first human brain chip patient is not experiencing any negative effects and is controlling a computer mouse using their mind. Neuralink successfully implanted the patient in January, Musk announced on X, formerly known as Twitter. He provided an update on the patient during an X Spaces conversation Monday […]
Amazon’s Jeff Bezos, amid Miami move and upcoming wedding to Lauren Sanchez, sells millions in stock
Peggy Olin, CEO of Oneworld Properties, spoke about the hype surrounding Amazon’s Jeff Bezos relocating from Seattle to Miami in an interview with FOX News Digital. Jeff Bezos has been busy selling off a ton of Amazon stock this month. The Amazon founder and executive chairman’s sales were conducted in three rounds and involved about […]
Walmart to acquire Vizio for $2.3B
Motley Fool Asset Management Investment Analyst Shelby McFaddin and Greenwood Capital President Walter Todd join the “Morning with Maria” panel about today’s consumer, Walmart’s earnings, and Capital One’s acquisition of Discover Let’s discuss. Walmart on Tuesday announced it would acquire smart TV maker Vizio for $2.3 billion, predicting fiscal 2025 sales to beat Wall Street […]