foxbusiness.com / .foxbusiness-com-markets / Page 4

Lamborghini canceled plans for an upcoming electric vehicle launch due to a lack of consumer demand and will replace it with a plug-in hybrid instead, CEO Stephan Winkelmann said.

Novo Nordisk announced up to 50% price cuts for Ozempic and Wegovy diabetes and weight-loss drugs starting January 2027, lowering costs to $675 per dose.

Public Storage will relocate its headquarters to Texas alongside a CEO change and a broader plan aimed at boosting margins, earnings and shareholder returns.

President Donald Trump will call on tech companies to pay more for electricity in communities with new data centers during his State of the Union address.

FedEx sues U.S. government for tariff refunds after Supreme Court ruled Trump's emergency trade duties on imports were unlawful.

Volvo is recalling over 40,000 EX30 electric SUVs worldwide due to a battery fire risk. Owners are urged to limit charging to 70% until safety repairs are completed.

Homebuyers' purchasing power rose over $30,300 in past year as median-income households can now afford $331,483 homes with mortgage payments 8.4% lower than last year, Zillow found.

Byrna Technologies CEO Bryan Ganz moved manufacturing from South Africa to Indiana before President Donald Trump's tariffs, saying the company "correctly surmised" onshoring benefits.

A T206 Honus Wagner baseball card in a family collection for 116 years was sold for $5.124 million at auction, becoming the third-most expensive ever for this specific card.

Trade experts note that businesses seeking tariff refunds may need to appeal to CBP or the Court of International Trade to get their money back after the Supreme Court's ruling.