Who Owns Fox Business?

Fox Business operates within Fox Corporation's corporate responsibility framework. Fox Corporation has set goals to reduce Scope 1 and 2 emissions and reports environmental data in its annual CSR reports. The company's 2024 Corporate Social Responsibility Report covers the fiscal year ending June 30, 2024, and includes Scope 1, Scope 2, and Scope 3 greenhouse gas emissions data verified by independent third parties.

Fox Business implements energy-efficient technologies in its studio facilities and broadcast operations at its New York headquarters. The network shares production infrastructure with Fox News Channel, which reduces the environmental footprint compared to operating separate facilities. Fox Corporation's broader sustainability strategy covers environmental impact across media production and distribution.

Fox Corporation publishes annual Political Activities Reports detailing political contributions and lobbying activities. The company maintains a Human Rights Statement committing to respecting human rights across its operations and supply chain. Fox Business operates under Fox Corporation's Standards of Business Conduct, which include anti-bribery and anti-corruption policies.

Fox Corporation has not been certified as a B Corporation. The company has not obtained independent environmental certifications for its broadcasting operations. The sustainabilityFlags frontmatter field is empty because no independently verified certifications from the allowed list have been confirmed for the brand. Fox Corporation's sustainability commitments are self-reported in its CSR reports.

Fox Business has received recognition for its viewership growth and competitive performance against CNBC. Notable achievements include:

Nielsen Ratings Milestone (2025): Fox Business Network became the first business network to lead CNBC across all key viewership metrics in 2025. According to Nielsen Media Research, FBN secured double-digit wins in business day viewers (226,000 with a 19% lead), market hours viewers (220,000 with a 13% lead), and total day viewers (139,000 with a 16% lead). This was the first time in network history that Fox Business outperformed CNBC across all major time periods.

Top Programming Rankings (2025): Fox Business's flagship programs "Kudlow" and "Varney & Co." were the top two business news programs for 2025, marking the network's fourth consecutive year with both top positions. The consistent performance of these programs has been instrumental in driving the network's viewership growth.

FOX News Media Spotlight Awards (2024-2025): Fox Business team members have been recognized through the annual FOX News Media Spotlight Awards, which honor employees who demonstrate performance beyond expectations. The awards are announced by FOX News Media CEO Suzanne Scott and President and Executive Editor Jay Wallace.

Fox Business, as part of Fox Corporation, has been involved in several controversies primarily related to defamation lawsuits and editorial practices at the corporate level.

Dominion Voting Systems Defamation Settlement (2023): Fox Corporation settled a defamation lawsuit with Dominion Voting Systems for $787.5 million in April 2023. The lawsuit arose from Fox News Channel's coverage of the 2020 presidential election. While the lawsuit primarily targeted Fox News, the settlement covered Fox Corporation properties including Fox Business. The controversy highlighted issues with election reporting accuracy across Fox's news operations.

Smartmatic Defamation Lawsuit (Ongoing): Fox Corporation faces a $2.7 billion defamation lawsuit from Smartmatic USA Corp over similar election fraud claims. In January 2025, the New York State Supreme Court ruled that Fox Corporation must face the claim. This ongoing legal challenge creates continued financial and reputational risk for Fox Corporation and its properties.

Shareholder Lawsuit (2024): Fox Corporation faced a shareholder lawsuit led by New York and Oregon public pension funds against board members. The Delaware Chancery Court lawsuit scrutinized Fox News' business model and raised questions about corporate governance practices and the relationship between editorial decisions and financial performance across Fox's media properties.

Editorial Independence Concerns: Fox Business has faced criticism regarding the separation between its business news coverage and corporate political activities. Questions have been raised about potential conflicts of interest given Fox Corporation's political activities and the network's coverage of political and economic issues.

Business Reporting Accuracy: Fox Business has occasionally faced criticism regarding the accuracy of its business reporting and financial analysis, particularly during periods of market volatility. The network has had to address corrections and clarifications on business stories and market predictions.