warned that will "eat our lunch" on Thursday after speaking with Chinese President Xi Jinping for the first time Wednesday night since becoming president – a sentiment that seemed to contradict some of his statements on the campaign trail. "Last night I was on the phone with for two straight hours with Xi Jinping," Biden told reporters in the Oval Office. "It was a good conversation, I know him well, we spent a lot of time together over the years I was vice president, but if we don't get moving, they're going to eat our lunch. They have major, major new initiatives on rail, they...…warned that will "eat our lunch" on Thursday after speaking with Chinese President Xi Jinping for the first time Wednesday night since becoming president – a sentiment that seemed to contradict some of his statements on the campaign trail. "Last night I was on the phone with for two straight hours with Xi Jinping," Biden told reporters in the Oval Office. "It was a good conversation, I know him well, we spent a lot of time together over the years I was vice president, but if we don't get moving, they're going to eat our lunch. They have major, major new initiatives on rail, they...WW…

Frenzy over GameStop shares that triggered a "short squeeze" and cost hedge funds big money is a reminder that is a "rigged game," Sen. , D-Mass., said on Sunday. "Let's start with the fact we actually don't know who all the players are in this, whether there is big money on both sides. That’s why we need an SEC investigation," Warren told CNN's "State of the Union." "What's happening with GameStop is just a reminder of what's been going on on Wall Street now for years and years and years. It's a rigged game. ... They've turned this stock market, not into a place where you...…Frenzy over GameStop shares that triggered a "short squeeze" and cost hedge funds big money is a reminder that is a "rigged game," Sen. , D-Mass., said on Sunday. "Let's start with the fact we actually don't know who all the players are in this, whether there is big money on both sides. That’s why we need an SEC investigation," Warren told CNN's "State of the Union." "What's happening with GameStop is just a reminder of what's been going on on Wall Street now for years and years and years. It's a rigged game. ... They've turned this stock market, not into a place where you...WW…

Parler CEO John Matze argues Amazon, Apple and Google's suspension of the social media platform is 'a pretty prime example' of antitrust.Alternative  platform Parler filed a lawsuit against on Monday following Amazon Web Services' decision to suspend Parler from its cloud hosting service following last week's deadly riot at the U.S. Capitol.Continue Reading BelowParler is seeking a temporary restraining order to keep Amazon Web Services (AWS) from blackballing Parler and claims Amazon Web Services is violating the Sherman Antitrust Act in the ."AWS’s decision...…Parler CEO John Matze argues Amazon, Apple and Google's suspension of the social media platform is 'a pretty prime example' of antitrust.Alternative  platform Parler filed a lawsuit against on Monday following Amazon Web Services' decision to suspend Parler from its cloud hosting service following last week's deadly riot at the U.S. Capitol.Continue Reading BelowParler is seeking a temporary restraining order to keep Amazon Web Services (AWS) from blackballing Parler and claims Amazon Web Services is violating the Sherman Antitrust Act in the ."AWS’s decision...WW…

Alternative  platform Parler went down early Monday following  Web Services' decision to suspend Parler from its cloud hosting service after Wednesday's U.S. Capitol riot. CEO John Matze told users to "hold on and come back" as the company figures out how to move forward during an interview on "" on Monday. "Everyone should hold on and come back," Matze said. "We may have to go as far as buying and building our own data centers and buying up our own servers if we need to to get back on the internet, you know, but there is risk involved in that given what vendors are...…Alternative  platform Parler went down early Monday following  Web Services' decision to suspend Parler from its cloud hosting service after Wednesday's U.S. Capitol riot. CEO John Matze told users to "hold on and come back" as the company figures out how to move forward during an interview on "" on Monday. "Everyone should hold on and come back," Matze said. "We may have to go as far as buying and building our own data centers and buying up our own servers if we need to to get back on the internet, you know, but there is risk involved in that given what vendors are...WW…

The Biden team responded this weekend to criticism of President-elect ’s treasury secretary pick Janet Yellen after it was revealed she raked in more than $7 million as a speaker from firms and other corporations after leaving the  in 2018. "Janet Yellen is among the pre-eminent economic policymakers in the world today. Since leaving the Fed after several decades in public service, she has spoken at economic conferences, universities and to business groups and financial institutions about her experiences ... Her experience and expertise are the reasons...…The Biden team responded this weekend to criticism of President-elect ’s treasury secretary pick Janet Yellen after it was revealed she raked in more than $7 million as a speaker from firms and other corporations after leaving the  in 2018. "Janet Yellen is among the pre-eminent economic policymakers in the world today. Since leaving the Fed after several decades in public service, she has spoken at economic conferences, universities and to business groups and financial institutions about her experiences ... Her experience and expertise are the reasons...WW…

Sunday is a historic day in the nation's fight against the pandemic. The first truck carrying a COVID-19 vaccine for widespread use in the United States pulled out of a Portage, Mich., manufacturing plant Sunday morning, with the shots that are critical to stopping the nation's coronavirus outbreak destined to reach locations in all 50 states a day later. The loading process began Sunday morning. The first wave of deliveries will see 150 locations supplied with the Pfizer-BioNTech’s COVID-19 vaccine, and a further 450 sites will see supplies in the second shipment....…Sunday is a historic day in the nation's fight against the pandemic. The first truck carrying a COVID-19 vaccine for widespread use in the United States pulled out of a Portage, Mich., manufacturing plant Sunday morning, with the shots that are critical to stopping the nation's coronavirus outbreak destined to reach locations in all 50 states a day later. The loading process began Sunday morning. The first wave of deliveries will see 150 locations supplied with the Pfizer-BioNTech’s COVID-19 vaccine, and a further 450 sites will see supplies in the second shipment....WW…

Jim Chanos tells FOX Business’ Charlie Gasparino that he still has issues with Tesla’s balance sheet and financials even as he reduces his short position. Tesla CEO added $9.7 billion to his net worth on Monday, positioning him behind only Amazon CEO in the race to be the richest man in the world, according to the Bloomberg Billionaires Index. Musk is worth $155 billion compared to Bezos' $185 billion, according to Bloomberg.  Forbes calculates Musk's net worth to be slightly lower at $143.1 billion, putting him behind LVMH's Bernard Arnault and family, who are valued at $143.5...…Jim Chanos tells FOX Business’ Charlie Gasparino that he still has issues with Tesla’s balance sheet and financials even as he reduces his short position. Tesla CEO added $9.7 billion to his net worth on Monday, positioning him behind only Amazon CEO in the race to be the richest man in the world, according to the Bloomberg Billionaires Index. Musk is worth $155 billion compared to Bezos' $185 billion, according to Bloomberg.  Forbes calculates Musk's net worth to be slightly lower at $143.1 billion, putting him behind LVMH's Bernard Arnault and family, who are valued at $143.5...WW…

Joe Vicari Restaurant Group President and owner Joe Vicari and Joe Vicari Restaurant Group co-owner Rosalie Vicari discuss the challenges of trying to bring together fellow restaurant owners and resist dining restrictions. The National Restaurant Association warned that more than 500,000 are at risk of closing amid the "economic free fall" caused by the pandemic in a letter to leaders demanding a relief package.Continue Reading BelowMore than 110,000 restaurants have closed, according to the National Restaurant Association's numbers."In short, the restaurant industry simply cannot wait...…Joe Vicari Restaurant Group President and owner Joe Vicari and Joe Vicari Restaurant Group co-owner Rosalie Vicari discuss the challenges of trying to bring together fellow restaurant owners and resist dining restrictions. The National Restaurant Association warned that more than 500,000 are at risk of closing amid the "economic free fall" caused by the pandemic in a letter to leaders demanding a relief package.Continue Reading BelowMore than 110,000 restaurants have closed, according to the National Restaurant Association's numbers."In short, the restaurant industry simply cannot wait...WW…

marked a photo of Goya Foods products as "potentially sensitive" in error and has corrected the mistake, a Twitter spokesperson told FOX Business on Tuesday. Two tweets containing photos of Goya Foods products, including one image of a can of beans in a Make America Great Again hat, that were posted by a user named Frank Rizzo were flagged, first reported Monday. The Twitter spokesperson didn't specify if the statement applied to one or both posts. The error comes after many people took to  to express displeasure with Goya Foods CEO Robert Unanue after he...…marked a photo of Goya Foods products as "potentially sensitive" in error and has corrected the mistake, a Twitter spokesperson told FOX Business on Tuesday. Two tweets containing photos of Goya Foods products, including one image of a can of beans in a Make America Great Again hat, that were posted by a user named Frank Rizzo were flagged, first reported Monday. The Twitter spokesperson didn't specify if the statement applied to one or both posts. The error comes after many people took to  to express displeasure with Goya Foods CEO Robert Unanue after he...WW…

Sen. Kevin Cramer, R-N.D., and Rep. Andy Barr, R-Ky., said they are taking aim at the influence of "woke corporate " on with the recently introduced Fair Access to Banking Act. “Banks should make lending decisions relying on objective, risk-based metrics, not the standards of woke corporate cancel culture,” Barr said in a statement to FOX Business. “Our legislation codifies the Fair Access Rule to ensure that radical environmentalists, gun control advocates and other political activists cannot weaponize financial institutions in their fight to achieve their political agenda."...…Sen. Kevin Cramer, R-N.D., and Rep. Andy Barr, R-Ky., said they are taking aim at the influence of "woke corporate " on with the recently introduced Fair Access to Banking Act. “Banks should make lending decisions relying on objective, risk-based metrics, not the standards of woke corporate cancel culture,” Barr said in a statement to FOX Business. “Our legislation codifies the Fair Access Rule to ensure that radical environmentalists, gun control advocates and other political activists cannot weaponize financial institutions in their fight to achieve their political agenda."...WW…