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Skims raises $225 million in funding, reaches $5 billion valuation
ReverseLogix.com CEO Gaurav Saran on how return fraud continues to hinder operations at retailers. Skims said Wednesday it has raised $225 million in new funding, boosting the shapewear and apparel company’s valuation to $5 billion. Founded in 2019 by Kim Kardashian and business partner Jens Grede, Skims plans to use the new funding to drive […]
AriZona beverages touts new drink collab with young TikTok star ‘The Rizzler’
TikTok star Christian ‘The Rizzler’ Savasta and AriZona beverages founder Don Vultaggio explain how their new drink collaboration began as an April Fools’ joke and more on ‘The Claman Countdown.’ AriZona Beverages founder Don Vultaggio touted the company’s newest drink collaboration with a young TikTok star as being more successful than its inimitable Arnold Palmer […]
Disney removes DEI terms from 2025 annual business report SEC filing
‘The Claman Countdown’ panelists Robbie Whelan and Kenneth Leon break down Disney’s battle against Trian Partners. Disney removed the terms “diversity” and “DEI” from its annual business report for the first time in five years Thursday morning. In the company’s 2025 Form 10-K filed after its recent Q4 meeting, the words “diversity,” “inclusion,” “DEI” or […]
Water conservation becomes top home trend for US homeowners this year
Fox Business’ Darren Botelho and Ashley Webster examine why the median age of first-time homebuyers has climbed to 40. Kevin Hassett discusses President Donald Trump’s 50-year mortgage plan. One of the biggest trends among U.S. homeowners this year is water conservation. Home listings mentioning WaterSense fixtures — which reduce water use by at least 20% […]
Disney CEO Bob Iger says working tirelessly to close YouTube TV deal
Evernote ISI senior managing partner Mark Mahaney explains why Netflix stock is a good investment despite competition for streaming competitors on ‘Varney & Co.’ Disney CEO Bob Iger said the company is “working tirelessly” to close a deal with YouTube TV to limit the disruption to subscribers. “We’re trying really hard, as I said, working […]
Verizon plans to cut up to 15,000 jobs under new CEO Dan Schulman
‘The Big Money Show’ panel analyzes troubling trends in the jobs market data. Verizon Communications is planning to cut up to 15,000 jobs this month as new Chief Executive Dan Schulman launches an aggressive cost-cutting drive to make the company leaner. The cuts, expected to begin as soon as next week, will primarily impact non-unionized […]
Government shutdown delays October CPI report release indefinitely
Capitalist Pig hedge fund manager Jonathan Hoenig discusses the lingering impact of inflation on Americans’ finances and shares his exotic stock of the week on Varney & Co. The longest government shutdown in history has impacted the release of several key economic reports, including October inflation numbers that were due to be released on Thursday, leading […]
Starbucks baristas launch ‘Red Cup Rebellion’ strike in 45 cities nationwide
Check out what’s clicking on FoxBusiness.com. More than 1,000 unionized Starbucks baristas went on strike at 65 stores in major U.S. cities Thursday, protesting stalled labor negotiations with the company. The strike aimed to disrupt Starbucks’ Red Cup Day — one of its busiest days — when the company hands out free reusable cups to […]
Flight reductions frozen at 6% as air traffic controller callouts decline
Elevate Aviation Group CEO Greg Raiff breaks down how the shutdown could impact holiday flights and what passengers can do to stay ahead of the disruptions. The Department of Transportation (DOT) and the Federal Aviation Administration (FAA) issued an emergency order Wednesday evening freezing flight reductions at 6% amid a “rapid decline” in air traffic […]
New Mustang exhibit features Hollywood cars and immersive sensory technology
Ford Motor Company’s new ‘American Icon: A Mustang Immersive Experience’ exhibit in Los Angeles uses immersive technology to celebrate six decades of Mustang history. (Credit: Ford Motor Company) Ford Motor Company has unveiled a new way to experience one of America’s most iconic cars. The automaker on Saturday opened “American Icon: A Mustang Immersive Experience,” […]