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Fox Business

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Fox Business

Jobs report, Tesla truck, Asana surge and more: Friday's 5 things to know

Fri, Dec 02, 2022

The most anticipated economic report of the month comes out Friday morning with the release of the November jobs report....

Florida may reverse decision on Disney’s Reedy Creek District: report

Fri, Dec 02, 2022

Florida lawmakers are working on a plan that could resolve the conflict that developed between Gov. DeSantis and the Walt Disney Company....

Layoffs mount as job market gets murky

Fri, Dec 02, 2022

The November jobs report out Friday morning will shed light on the health of the U.S. labor market, which is rapidly deteriorating as the Fed raises interest rates....

Children's clothing sets sold at retailers including TJ Maxx, Ross, Amazon recalled for lead hazard

Fri, Dec 02, 2022

Approximately 87,000 children's clothing sets manufactured by Bentex have been recalled after the items exceeded either the federal lead paint ban or the federal lead content ban....

Elon Musk gives Kanye West the boot from Twitter over offensive posts: 'I tried my best'

Fri, Dec 02, 2022

Ye, or Kanye West, was suspended from Twitter Thursday night after Elon Musk decided the rapper's posts violated the social media platform's rules. Musk said: "I tried my best."...

Citigroup trying to get accidental $500M Revlon loan payment back

Fri, Dec 02, 2022

Citigroup is in talks to recoup a $500 million loan payment made for Revlon that was made by mistake....

Tom Hanks announces coffee line with 100% of profits going to veterans: 'Proudly serving those who serve'

Fri, Dec 02, 2022

Tom Hanks's new coffee line Hanx for Our Troops plans to donate all profits to veterans and their families. The brand has three flavors, which are available for shipping this month....

Airbnb under fire for suspected carbon monoxide deaths, face wrongful death lawsuit

Fri, Dec 02, 2022

Three families announced a planned wrongful death lawsuit against Airbnb after their loved ones died of suspected carbon monoxide poisoning....

China blasts U.S. for banning telecom firms over spying concerns

Fri, Dec 02, 2022

China's commerce ministry criticized the U.S. government's ban on new sales of telecom equipment by five Chinese telecom firms due to national security risks...

Exclusive: Republicans introduce legislation to thwart ESG-related SEC disclosure demands

Fri, Dec 02, 2022

Two Republicans introduced legislation designed to combat the SEC's new rules surrounding disclosure requirements over environmental, social, and governance (ESG)....