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Chinese nationals caught smuggling pathogens as General Keane warns of full-scale infiltration
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Chinese nationals caught smuggling pathogens as General Keane warns of full-scale infiltration

By Taylor Penley | Fox Business Three Chinese nationals recently caught attempting to smuggle biological materials into America The U.S. is "target one" for the Chinese Communist Party, and retired Gen. Jack Keane says that beefing up defenses to stand up against the threat should be high on the list of priorities. "China is conducting the most comprehensive penetration of our society since we were formed 250 years ago, 249 years now, and we've never seen anything quite like this," he said Tuesday, weighing in on news that a third Chinese national has attempted to smuggle biological materials into the U.S. within the past week. The Fox News senior strategic analyst joined "Mornings with Maria" where he spelled out the severity of the "comprehensive" threat – cyber esp...
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Anheuser-Busch invests $300M to boost manufacturing careers, veteran employment
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Anheuser-Busch invests $300M to boost manufacturing careers, veteran employment

By Daniella Genovese  | Fox Business Anheuser-Busch is planning to invest $300 million in its facilities across the U.S.  It's a move the beermaker said will bolster manufacturing jobs across the United States while also supporting veterans who are pursuing manufacturing careers. "This new $300 million investment in our manufacturing facilities across the U.S. is the latest example of Anheuser-Busch’s commitment to strengthening our local communities by creating and sustaining jobs and driving economic prosperity," Anheuser-Busch CEO Brendan Whitworth said in a statement. "Investing in our people and in new technologies and capabilities to drive industry and economic growth is core to who we are." READ THE FULL STORY AT FOX BUSINESS
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Trump signs ‘strategic economic partnership’ with Saudi Arabia
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Trump signs ‘strategic economic partnership’ with Saudi Arabia

By Caitlin McFall  | Fox Business President Donald Trump on Tuesday signed a "strategic economic partnership" alongside Saudi Arabian Crown Prince Mohammed bin Salman. The partnership included a series of deals on energy, defense, mining and space-based agreements that amount to $600 billion, and "could" help create up to 2 million U.S. jobs, Trump said on Tuesday.  Roughly a dozen memorandums of understanding and letters of intent were agreed to under the new partnership.  READ THE FULL STORY A FOX BUSINESS
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Rite Aid files for bankruptcy
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Rite Aid files for bankruptcy

By Daniella Genovese | Fox Business Rite Aid, which filed for bankruptcy twice in two years, will potentially close dozens of additional locations.  The pharmacy chain, which shuttered hundreds of its locations during its first bankruptcy proceeding, is now expected to close 47 stores due to a variety of factors, including financial underperformance and lack of interest from potential buyers. The company has already sold or closed 29 retail locations and entered into agreements to sell the prescription files of 63 additional stores. It is an about-face from 2023, when the company operated thousands of locations around the U.S. Since then, the debt-laden company has significantly reduced the size of its footprint as part of its turnaround strategy. READ THE FULL STORY AT FOX BUS...
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Trump unveils new UK trade deal, calls it ‘incredible day for America’
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Trump unveils new UK trade deal, calls it ‘incredible day for America’

By  Greg Norman | Fox Business President Donald Trump announced a new trade deal with the U.K., calling Thursday "an incredible day for America."  Trump told reporters at the White House that "today’s agreement with the U.K. is the first in a series of agreements on trade that my administration has been negotiating over the past four weeks."  "With this deal, the U.K. joins the United States in affirming that reciprocity and fairness is an essential and vital principle of international trade. The deal includes billions of dollars of increased market access for American exports, especially in agriculture, dramatically increasing access for American beef, ethanol and virtually all of the products produced by our great farmers," Trump said.  "They’ll also be f...
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US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh
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US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh

By Eric Revell  | Fox Business The U.S. economy contracted in the first quarter as President Donald Trump's economic agenda took effect, according to new data released on Wednesday. The Commerce Department's Bureau of Economic Analysis (BEA) released its advance estimate for first quarter gross domestic product (GDP), which found the U.S. economy contracted at an annual rate of 0.3% in the first quarter, which runs from January through March. Economists surveyed by LSEG had expected the economy to grow at a 0.3% rate in the quarter. The first quarter's 0.3% contraction was slower than the 2.4% GDP growth recorded in the fourth quarter. The quarterly contraction was the first since the first quarter of 2022. The decline in GDP was attributed primarily to an i...
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IBM announces $150B investment in US
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IBM announces $150B investment in US

By Pilar Arias  | Fox Business International Business Machines Corporation (IBM), one of the nation's largest technology employers, is planning to invest $150 billion in the U.S. "over the next five years to fuel the economy and to accelerate its role as the global leader in computing," according to a media release. "Technology doesn’t just build the future — it defines it," Arvind Krishna, IBM chairman, president and chief executive officer, said in a statement. "We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world’s most advanced computing and AI capabilities." Krishna will appear in an exclusive interview on The Claman Countdown ...
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Stocks attempt third day of gains, Trump eyes softer tariff tone
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Stocks attempt third day of gains, Trump eyes softer tariff tone

By FOX Business Team , Christina Shaw, Bradford Betz and Stephen Sorace | Fox Business Stocks are higher on Thursday, extending gains from the prior two sessions. The Dow Jones Industrial Average was up more than 300 points, or 0.8%, while the S&P 500 and Nasdaq Composite climbed 1.5% and 2%, respectively. The major indexes opened mixed on Thursday after China said there are no ongoing talks with the U.S. on tariffs. Ministry of Commerce spokesman He Yadong said on Thursday that "Any claims about the progress of China-U.S. trade negotiations are groundless as trying to catch the wind and have no factual basis," according to The Associated Press. READ THE FULL STORY AT FOX BUSINESS
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Over 100 countries have approached US ‘wanting to help rebalance global trade’: Treasury’s Bessent
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Over 100 countries have approached US ‘wanting to help rebalance global trade’: Treasury’s Bessent

By FOX Business Team , Christina Shaw and Stephen Sorace | Fox Business Treasury Secretary Scott Bessent said on Wednesday that more than 100 countries have approached the U.S. "wanting to help rebalance global trade" in response to President Donald Trump's tariff announcements. "These countries have responded openly and positively to the president's actions to create a more balanced international system," Bessent said at the Institute of International Finance. "We are engaged in meaningful discussions, and look forward to talking with others." READ THE FULL STORY AT FOX BUSINESS
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These companies have announced their intention to increase US manufacturing
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These companies have announced their intention to increase US manufacturing

By Aislinn Murphy  | Fox Business The announcements, which have come from sectors such as tech, pharmaceuticals and automobiles, came amid President Donald Trump seeking to increase domestic manufacturing through tariffs and other measures. Here are some of the companies that have made such announcements. Taiwan Semiconductor Manufacturing Company (TSMC) In early March, TSMC revealed it was putting $100 billion more toward advanced semiconductor manufacturing in the U.S.  The increased investment "includes plans for three new fabrication plants, two advanced packaging facilities and a major R&D team center," the Taiwan-based company said. READ THE FULL STORY AT FOX BUSINESS
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