Rupert Murdoch stepping down as chairman from Fox, News Corp.

(NEW YORK) -- Rupert Murdoch is stepping down as chairman of Fox Corporation and News Corp., Fox has announced.His son, Lachlan Murdoch, will become the chair of News Corp. and continue as executive chair and chief executive officer of Fox Corporation."On behalf of the... Read More.

Exclusive: Oscar Mayer reintroduces Wienermobile to the road

(NEW YORK) -- Nostalgia wins in the court of cars and cold cuts.After the iconic hot dog on wheels for Oscar Mayer was rebranded as the Frankmobile earlier this summer -- specifically to celebrate its all-beef frankfurter recipe -- the American food manufacturer is... Read More.

Fed leaves interest rates unchanged amid optimism US can avert recession

(WASHINGTON) -- The Federal Reserve left its benchmark interest rate unchanged on Wednesday, pausing an aggressive inflation fight amid growing optimism that the United States can achieve normal price levels without falling into a recession.The central bank expects to raise rates one more time this... Read More.

Detroit Auto Show underway amid historic UAW strike

(DETROIT) -- The Detroit Auto Show is underway this week, against the backdrop of an historic strike effort from unionized auto workers.Almost every year since 1907, Detroit has played host to a trade show that attracts executives, celebrities, politicians, journalists, and everyday enthusiasts from... Read More.

Kraft recalling American cheese slices due to possible choking hazard

(NEW YORK) -- Food company Kraft Heinz has issued a voluntary recall after nearly 84,000 slices of processed individually-wrapped American cheese were deemed to potentially contain choking hazards.“The voluntary recall comes as a precaution after a temporary issue developed on one of our wrapping... Read More.

Clorox warns cyberattack could lead to product delays, shortages

(NEW YORK) -- An August cyberattack on Clorox caused "wide-scale disruptions" in its operations, which could mean product delays and shortages, according to a securities filing Monday.The Clorox Company, known for its sanitizing wipes and brands such as PineSol, FreshStep cat litter, and Hidden... Read More.