Trump announces new Iowa steel mill expected to be largest in US

A proposed $15 billion steel plant in eastern Iowa promises to be the largest one in the United States when it opens in 2030. President Donald Trump announced the project from the White House on Monday afternoon, explaining that the project will help protect national security.

Breakfast chain franchisee files for bankruptcy as rising costs, weak sales weigh

The operator of a Village Inn restaurant in Oldsmar, Florida, has filed for Chapter 11 bankruptcy protection after reporting more than $554,000 in liabilities, according to court filings obtained by FOX Business.

Costco got $184 million in tariff refunds — here's what it did with the money

Costco on Thursday said it received $184 million in tariff refunds in the company's fourth quarter, the majority of which was reinvested into lower pricing for members shopping at the retail giant's warehouses.

Cato Fashions to close 120 stores amid pressure on shoppers’ spending

The Cato Corporation, parent company of Cato Fashions, plans to close 120 stores by the end of its fiscal year, citing pressure on consumers’ discretionary spending.

Starbucks to close 250 stores this week

Starbucks is closing dozens of locations nationwide as part of a broader corporate restructuring strategy by the coffee giant to optimize store performance.

Bank of America to hire 1,000 more apprentices, invest $150M in workforce development

Bank of America is expanding its skills-based hiring efforts, announcing Thursday that it will hire 1,000 additional apprentices over the next two years while investing $150 million in workforce development programs.

Bringing this popular drink to a job interview could hurt your chances, experts warn

A cup of coffee might be a daily ritual for most Americans, but some career and etiquette experts say bringing one into a job interview could hurt your chances of getting hired.

Tempe Tavern shuts down following several incidents
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A Valley bar that has had its share of several law enforcement incidents in recent years is now closed. FOX 10's Annalisa Pardo has more.

Tortilla Flat stays open despite lake closure
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SRP is lowering Canyon Lake water levels by 54 feet for safety checks while Tortilla Flat shops stay open. FOX 10's Megan Spector reports.

Major Wendy's franchisee files for bankruptcy

One of the largest Wendy’s franchisees in the U.S. has filed for Chapter 11 bankruptcy protection following a high-stakes dispute with the fast-food chain's corporate parent.

Volkswagen recalls 208,000 SUVs over bolts that could cause steering loss

Volkswagen Group of America is recalling more than 208,000 vehicles in the U.S. over a steering rack mounting bolt that can corrode and break, potentially causing a loss of steering control.

Breweries feel impact as diesel prices spike
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Diesel prices reached an all-time high of $6.51 a gallon. FOX's Kailey Schuyler learns how local business owners are feeling the impacts from the ongoing conflict in Iran.

The fast-food chain where managers average more than $200K a year

In-N-Out Burger store managers make more than $200,000 annually on average, which the fast-food chain says reflects the company's philosophy of investing in its workforce.

Converse apologizes, pulls new ad after claims of racist imagery

Shoemaker Converse has apologized and pulled a social media ad after it sparked a backlash from people who said the image evoked the Ku Klux Klan and lynching.