Jeff Bezos-founded space company Blue Origin plans to lay off about 10% of its workforce, according to a company-wide email obtained by FOX Business. Employees in some engineering, research and development, and “program/project management” positions will lose their jobs in the layoffs, according to the email from CEO Dave Limp. He told employees in the

China may be out of ways to evade U.S. trade laws as President Donald Trump’s tariffs and border crackdowns come into effect. International trade expert Daniel Pickard believes Trump’s return to the Oval Office could bring an end to shady Chinese trade practices. “What we have seen repeatedly with a lot of the Chinese products

New York Stock Exchange (NYSE) Texas, “a fully electronic equities exchange,” is coming to Dallas. The announcement came Wednesday, and stated the NYSE Chicago “will reincorporate in Texas and be renamed NYSE Texas,” providing companies with a new venue to list their securities. Several high-profile firms, including Elon Musk’s Tesla, and SpaceX, have relocated their

Chevron is seeking to trim its headcount by a sizable amount. The energy giant will lay off 15%-20% of its workers in a bid to “simplify our organizational structure, [execute] faster and more efficiently, and position the company for stronger long-term competitiveness,” Chevron Corp. Vice Chair Mark Nelson said in a Wednesday statement. Chevron’s global

JPMorgan Chase reportedly has several rounds of layoffs coming this year, and some workers at the company have apparently started being told they will lose their jobs.  Barron’s reported Wednesday that some JPMorgan Chase employees learned from supervisors last week that their jobs would be impacted by layoffs. The outlet cited unnamed sources “familiar with the

Spirit Airlines on Tuesday rejected Frontier Group’s acquisition offer, worth about $2.16 billion, saying the bid from its fellow ultra-low-cost carrier was less beneficial to shareholders than its ongoing reorganization plan. Frontier’s offer was a reiteration of its proposal from earlier this month in which it proposed Spirit’s shareholders would get $400 million in debt

Ford CEO Jim Farley said Tuesday that President Donald Trump’s tariff push has so far brought “a lot of cost and a lot of chaos” to the auto industry despite the president’s aims to help the industry. “President Trump has talked a lot about making our U.S. auto industry stronger, bringing more production here, more

McDonald’s sales took a significant hit in its latest quarter due to an E. coli outbreak linked to slivered onions that killed one person and sent over two dozen to the hospital. CEO Chris Kempczinski told analysts during an earnings call on Monday that sales at U.S. stores slipped 1.4% during the fourth quarter, which

Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, net of cash, the company said on Monday, seeking to boost its presence in Mexico and the Caribbean. The acquisition follows rising interest in upscale and luxury offerings outside the U.S. as more Americans take advantage of a stronger dollar. Playa

-Stocks ended Friday and the week on a down note as Trump’s tariffs roiled investors  -U.S. Treasury Secretary Scott Bessent gives FOX Business his first wide-ranging interview, while Energy Secretary Chris Wright pumps up the American energy industry  -DOGE clocked another week of cost-cutting. We’ve got the rundown -Trump’s crypto and AI czar David Sacks