Faisal Islam: Why the UAE's exit from Opec is a big deal
It will have little effect on the current oil blockades, but it could change everything afterwards. Source link
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Ghirardelli issues voluntary recall of 13 powdered beverage mixes
Check out what’s clicking on FoxBusiness.com. Ghirardelli Chocolate Co. is recalling 13 beverage mixes because they may be contaminated with salmonella, the company said. The voluntary action follows a separate California Dairies Inc. milk powder recall that was initiated due to a concern about potential salmonella contamination, “which was supplied to a third-party manufacturer and…
Louisiana bill to block out-of-state water sales advances | Business News
A small canal in Cypress Bend Park, as seen Thursday, Sept 25, 2025, provides a peak at the park cottages, foreground, and the homes, background, that line portions of Toledo Bend Reservoir. The 181,600-acre manmade lake in western Louisiana has become home to beautiful camps along the water. A proposal to sell water from the…
Stephen Colbert Gets Ready to Hang It Up
Each episode of “The Late Show With Stephen Colbert” over the past few weeks has offered a fresh reminder that the final one is rapidly approaching. Oprah Winfrey swung by to tell Mr. Colbert that she needed to “say goodbye.” Jake Tapper came armed with a farewell gift. Billy Crystal sang him a song. The…
UBS profits rocket 80% to $3 billion for first quarter beat
UBS generated a net profit attributable to shareholders of $3 billion for the first quarter, up 80% year-on-year and surpassing the $2.8 billion estimated by analysts, according to an LSEG-compiled consensus poll. The Swiss banking and asset management giant’s common equity tier (CET) 1 capital ratio — a gauge of a bank’s solvency — also…
Ascend Airways shutters operations, citing Middle East conflict
British ACMI provider Ascend Airways has closed operations with immediate effect. The Avia Solutions-owned airline in its modern form made its inaugural commercial flight just two years ago in April 2024. Ascend will surrender its UK Air Operator’s Certificate (AOC) and return its fleet of six Boeing 737 MAX 8 aircraft to leasing companies, citing…
Subway rolls out nationwide value menu with 15 items under $5
Check out what’s clicking on FoxBusiness.com. Subway is rolling out a new value menu featuring 15 items priced under $5 at participating locations across the United States, according to the company. The offering includes several 6-inch sandwiches and wraps priced at $3.99, as well as a rotating “Sub of the Day” available for $4.99. Customers…
Fed expected to hold rates as Powell faces likely final news conference
Forbes Media Chairman and editor-in-chief Steve Forbes discusses the Department of Justice’s decision to close its investigation into Federal Reserve Chair Jerome Powell on ‘The Bottom Line.’ The Federal Reserve will announce its latest interest rate on Wednesday when Fed Chair Jerome Powell will host what may be his final news conference as the leader…
U.S. warns banks of sanctions risk over China ‘teapot’ refineries handling Iranian oil
This picture taken on March 26, 2026 shows an oil tanker unloading crude oil at a port in Yantai, in China’s eastern Shandong province. CN-STR | Afp | Getty Images The U.S. Treasury warned financial institutions Tuesday that they could face sanctions if they engage in dealings with Chinese refineries that process Iranian oil. The…
A financial crisis may be coming – it won't be like last time
What could the next meltdown look like? Source link