Nearly 400 gallons of gas were stolen from a North Carolina gas station this week, prompting the owner to take extra security precautions amid high gas prices nationwide. Hardik Patel said he will start shutting off the power to his pumps after business hours after 398 gallons of gas were stolen from his Bizzy Bee […]
The gas station shimmered up ahead, like an oasis for the woman’s thirsty vehicle — a tantalizing half-dozen car lengths away. She’d been waiting for 2 1/2 hours Thursday morning to get some of mayoral candidate Willie Wilson’s free gasoline, from a BP station at Pulaski Road and Montrose Avenue. But then a Chicago police […]
Here are your FOX Business Flash top headlines for March 17. A federal labor board is seeking to reinstate an Amazon employee who was fired in the early days of the pandemic after leading a protest calling for the company to do more to protect workers against COVID-19. Gerald Bryson, who worked at an Amazon […]
Freddie Mac, the federally chartered mortgage investor, aggregates rates from about 80 lenders across the country to come up with weekly national averages. The survey is based on home purchase mortgages. Rates for refinances may be different. It uses rates for high-quality borrowers with strong credit scores and large down payments. Because of the criteria, […]
Italian luxury automaker Maserati announced an all-electric range of vehicles called Folgore, including a next-generation GranTurismo sports coupe, an electric version of the best-selling Levante, the all-new Grecale SUV, and several other luxury sports cars and convertibles. The company said it would offer electric versions of all of its models by 2025 and shift to […]
Weekly jobless claims fall 15,000 to 214,000 Continuing claims drop 71,000 to 1.419 million Housing starts increase 6.8% in February Manufacturing production jumps 1.2% in February WASHINGTON, March 17 (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week as demand for labor remained strong, positioning the economy for another […]
Impossible Foods CEO Pat Brown in 2019 Robyn Beck | AFP | Getty Images Impossible Foods founder Pat Brown is stepping down as CEO, and Chobani’s departing operating chief, Peter McGuinness, will take the helm of the company. The transition comes after a roller coaster two years for the plant-based meat industry. Impossible and rival […]
Tommaso79 | Istock | Getty Images The Federal Reserve’s interest rate hike on Wednesday and its plan to lift the rate several more times in 2022 will make borrowing more expensive for certain consumers. Some people who currently hold student loans and others planning to soon borrow for their education will be among those impacted. […]
In his first year leading a publicly traded company, Endeavor founder and CEO Ari Emanuel received a pay package that topped $308 million, thanks almost entirely to a one-time restricted stock grant, which is tied to performance. In its annual report with the SEC, Endeavor notes that Emanuel’s realized 2021 compensation was closer to $67 […]
In brief ApeCoin is a new Ethereum token based on the Bored Ape Yacht Club NFT project. Bored Ape NFT holders can claim free tokens, plus it can be purchased at exchanges. After being officially revealed just yesterdayApeCoin (APE)—the Ethereum-based token for the growing Bored Ape Yacht Club ecosystem—is now flowing. Launched today for NFT […]
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