Oprah denies being paid for Harris endorsement after records show campaign gave her company $1 million
oprah winfrey rejected According to reports, she was compensated by the Harris-Waltz campaign for her endorsement, but her production company admitted to receiving $1 million in other fees. “I wasn't paid a dime. I used my time and energy to support the campaign.” Vice President Kamala Harris has been criticized by critics on the left […]
Company scales back production of $3,500 VR headset amid lackluster sales, customer complaints
They didn't expect this to happen. Apple is significantly reducing production of its initially popular Vision Pro headset, and may even discontinue production of the product by the end of the year, The Information reports. The augmented reality device sold out in pre-sales in January after its Feb. 2 launch, before customers found the expensive […]
Passenger busted in viral, staged Belt Parkway crash deemed an insurance company scam: prosecutors
A Brooklyn man was arrested on suspicion of causing a crash on the Belt Parkway, but investigators say it was all a scam to extort insurance money, prosecutors said. According to the Queens District Attorney's Office, Michael Martinez, 28, of Dyker Heights, was a passenger in a Honda Civic that backed into Asfia Narasha's car […]
Nissan to cut 9k jobs, reduce CEO’s monthly pay by 50% as company struggles
Nissan Motor Co. Senior Vice President Jeremy Papin talks about Nissan's growth efforts on “The Big Money Show,” highlighting “breakthrough advances” in consumer EVs. Nissan Motor Co., Ltd. announced that it will “take emergency measures'' to rebuild its business model after its consolidated net revenue and global sales volume declined and its operating profit margin […]
OpenAI in talks with California to become for-profit company: report
OpenAI, led by Sam Altman, is in early discussions with the California Attorney General's Office to change its corporate structure to become a for-profit company. Bloomberg News reported This was disclosed on Monday, citing two people familiar with the matter. Representatives for OpenAI and the California attorney general did not immediately respond to Reuters' requests […]
Creditors of bankrupt gym chain Blink Fitness push to upend sale to UK company
After bankrupt gym chain Blink was sold at auction by Planet Fitness, a group of unsecured creditors were trying to derail the sale to a British company, The Post has learned. Planet Fitness, the largest gym chain in the U.S. with more than 2,000 stores, said it had made an 11th-hour bid to buy Blink, […]
Truth Social parent company Trump Media now worth more than X as Election Day nears
“Varney & Co.” host Stuart Varney reacts to Tesla CEO Elon Musk's offer of $1 million a day to voters who sign the America PAC petition. Trump Media & Technology Group, which operates the social media network Truth Social, has surpassed the estimated value of Elon Musk's “X” as Election Day approaches. Trump Media & […]
Basic Fun toy company emerges from bankruptcy ahead of holidays
The CEO of the company that makes Tonka trucks and Care Bears successfully completed a four-month term in bankruptcy court last week, bailing out all creditors while he was busy fending off takeover attempts. Basic Fun, a Boca Raton, Fla.-based company that also specializes in classic toy brands such as Lincoln Logs, Lite-Brite and Tinker […]
Florida mother sues AI company over allegedly causing death of teen son
See what's being clicked on FoxBusiness.com. A Florida mother is suing artificial intelligence company Character.AI for causing her 14-year-old son to commit suicide. A mother filed a lawsuit against the company, claiming that her son relies on its services and the chatbot it created. Megan Garcia said Character.AI targeted her son, Sewell Setzer, with “anthropomorphic, […]
Starbucks CEO says company will fix ‘overly complex menu’ to reverse sales slump
Stacey Widlitz, founder of SW Retail Advisors, analyzes why Starbucks' stock price is soaring after announcing a new CEO on “Craman Countdown.'' Starbucks CEO Brian Nicol said the company plans to simplify its menu and revise its pricing strategy to win back customers and reverse declining sales. Nicol, who left Chipotle in August to lead […]