Walmart doubles down on pledge against AI-powered personalized pricing
Walmart is doubling down on its pledge not to use AI, customer data or digital shelf labels to set personalized prices for its shoppers. In a public letter Monday, Dan Bartlett, Walmart’s executive vice president of corporate affairs, challenged what he described as repeated “mischaracterizations” by Lindsay Owens, author of the recently released book “Gouged,” […]
Oprah-backed True Food Kitchen files for bankruptcy after shuttering a dozen restaurants
Oprah Winfrey-backed True Food Kitchen has landed in bankruptcy court after management turmoil and failed expansion bets left the restaurant chain built around healthy eating struggling to stay afloat. The company filed for Chapter 11 protection Sunday and closed 12 restaurants, leaving 34 locations across 14 states open as it searches for a buyer. True […]
Trump opens red-dyed diesel to truckers in bid to slash fuel costs
President Donald Trump is giving truckers a new way to fight pain at the pump, signing an executive order that temporarily lets them fill up with red-dyed diesel normally barred from highway use. “They’re going to be very happy in about two seconds,” Trump said during remarks in Grand Island, Nebraska, before announcing the relief. […]
Workers using AI are seeing major benefits – but a gap is emerging
Workers in the U.S. who use artificial intelligence (AI) regularly in their job are seeing benefits like working more quickly or creatively, though a new study finds that those gains aren’t evenly distributed across the workforce. The American Job Quality Study, produced by Gallup, Jobs for the Future and The Families & Workers Fund from […]
California Republicans warn cartel-linked avocado imports threaten US growers
A group of California Republicans is urging the Trump administration to curb “harmful surges” of Mexican avocado imports, warning that cartel influence over Mexico’s avocado trade is threatening U.S. growers. In a letter Monday to U.S. Trade Representative Jamieson Greer, seven Republican members of California’s congressional delegation called for “reasonable and enforceable” limits on sudden […]
Trump’s Canada trade war is entering a dangerous new phase for these battleground states
President Donald Trump’s escalating trade war with Canada is raising fresh concerns in battleground states ahead of the November midterms. The U.S. and Canada have imposed tariffs on billions of dollars’ worth of goods, while Washington has also banned nearly $1 billion in Canadian imports, including alcohol, dairy products and motorcycles. The latest measures took […]
Chick-fil-A rules out AI drive-thru ordering as fast-food rivals embrace technology
Chick-fil-A is bucking a growing fast-food industry trend, with CEO Andrew Cathy saying the chicken chain does not plan to use artificial intelligence to take customers’ drive-thru orders. While Chick-fil-A is exploring potential uses for AI behind the scenes, Cathy told CNBC that the company wants to preserve human interaction in its drive-thru lanes even […]
Trump economic advisor says ‘it’s time’ for Powell to leave Fed, calls extended tenure ‘unprecedented’
National Economic Council Director Kevin Hassett said that it is time for former Federal Reserve Chair Jerome Powell to leave the Federal Reserve Board on “Sunday Morning Futures,” arguing that doing so would help preserve the central bank’s independence. Hassett claimed it is unprecedented for a former Fed chair to remain on the board after […]
Elon Musk rebrands SpaceXAI following Trump directive
SpaceX CEO Elon Musk is rebranding the company’s artificial intelligence (AI) arm following President Donald Trump’s executive order last week calling for AI to be referred to as “Super Intelligence” (SI). SpaceXAI will be renamed SpaceXSI, Musk confirmed in a post on X, while responding to an X user. “Yes, we will make that change,” […]
Sam’s Club exec says members increasingly want fresh food ‘on their own terms’
Grocery shoppers still want “high-quality” fresh food at a “great value,” but convenience is becoming an increasingly important part of that equation, Sam’s Club Executive Vice President and Chief Merchandising Officer Myron Frazier told FOX Business. While members of the Arkansas-based warehouse retailer continue to prioritize quality and value, Frazier said they increasingly want fresh […]