Blue Origin laying off roughly 10% of staff
Andres Shepherd, senior equity analyst at Canter Fitzgerald, discusses President Donald Trump's space ambitions and priorities regarding “making money.” According to a company-wide email obtained by Fox Business, Space Company Blue Origin, founded by Jeff Bezos, is set up to fire around 10% of its employees. According to an email from CEO Dave Limp, employees […]
China carrying out customs fraud, trade expert says: ‘No doubt’
Daniel Picard explains the common misconceptions about how President Donald Trump uses tariffs and why he can see the crackdown on trade fraud. China may have no way around the US trade law as President Donald Trump's tariffs and border crackdowns come into effect. International trade expert Daniel Picard believes Trump's return to the oval […]
New York Stock Exchange announces NYSE Texas coming to Dallas
“Craman Countdown” panelists Bankim Chadha and Scott Redler analyze market metrics. New York Stock Exchange (NYSE) Texas, “Full Electronic Stock Exchange” is coming to Dallas. The announcement came on Wednesday, with NYSE Chicago saying it will be “re-incorporated into Texas and renamed NYSE Texas,” offering businesses a new venue to list securities. Several well-known companies, […]
Chevron trimming headcount by 15-20% in layoffs
Chevron Chairman and CEO Mike Wirth will provide the latest details on the possible $53 billion merger with Hess in “Mornings with Maria.” Chevron is trying to cut its personnel for a significant amount of money. The energy giant said, “To simplify the organizational structure, 15% to 20% of workers will be fired. [execute] Chevron […]
JPMorgan Chase reportedly to start rounds of layoffs
Please see what you are clicking on foxbusiness.com. JPMorgan Chase reportedly has had several layoffs this year, and some workers at the company are beginning to be told they'll lose their jobs. Baron's Reported on Wednesday What some JPMorgan Chase employees learned from supervisors that they were affected by layoffs last week from supervisors. The […]
FCC Launches Probe Into DEI Policies At One Of Corporate Media’s Largest Strongholds
The Trump-Vance administration’s Federal Communications Commission (FCC) is launching a probe into Comcast over its policies related to diversity, equity and inclusion (DEI). FCC Chairman Brendan Carr wrote a letter on Tuesday to Comcast CEO Brian Roberts announcing that the regulator would be investigating Comcast to ensure that it is not promoting unfair forms of […]
Spirit Airlines rejects another Frontier Airlines acquisition worth $2.16B
Points Guy founder Brian Kelly discusses how Spirit Airlines bankruptcy will affect travel. Spirit Airlines has rejected an acquisition offer worth approximately $2.16 billion from Frontier Group. Spirit and Frontier have held merger meetings since at least 2022, even before Spirit filed for bankruptcy in 2024. Spirit Airlines filed for bankruptcy due to long-term economic […]
Ford CEO says tariffs bringing ‘a lot of cost and a lot of chaos’
John Lonesky Group's president, while appearing in “Varney & Co.”, breaks down President Donald Trump's economic agenda. Ford CEO Jim Farley said the president on Tuesday Donald Trump's The push for tariffs has so far brought “many costs and lots of disruption” to the automotive industry, despite its aim to support the president's industry. “President […]
Disney Becomes Latest Company To Scale Back DEI Initiatives During Trump Era
The Walt Disney Company is revamping its diversity, equity and inclusion (DEI) programs to align more closely with business outcomes as corporations adjust to President Donald Trump’s second term, Axios reported Tuesday. Disney will replace its “Diversity & Inclusion” performance factor with a new “Talent Strategy” metric that prioritizes business success while still maintaining some […]
McDonald’s takes massive sales hit from E. Coli outbreak
Former McDonald's CEO Jim Skinner analyzes the state of the fast food industry as the US economy slows down with the “Claman Countdown.” McDonald's sales were hit hard in the latest quarter due to an E. coli outbreak associated with slivered onions that killed one person and sent over 20 dozen to hospitals. CEO Chris […]