Business
California voters are set to cast their ballots to determine the fate of a proposed billionaire tax that could see the Golden State lose wealthy residents and may not deliver the revenue advocates hope for. The ballot measure, known as Proposition 40, would impose a one-time 5% wealth tax on…
Virgin Galactic unveiled its next-generation spaceship, Apeiron, bringing the company closer to its planned return to commercial spaceflight in 2027 after a multiyear pause in operations. The spacecraft arrived at Spaceport America in New Mexico, where it will undergo final preparations and flight testing before entering commercial service.Virgin Galactic expects…
Millions of Americans reach retirement age each year, and choosing where to spend their later years can be a major financial and lifestyle decision. Midland, Michigan, claimed the top spot in U.S. News & World Report’s ranking of the best places to retire, with a median home value of $206,176,…
Trump Media & Technology Group will debut its first 30-second national television advertisement on Sunday during Villanova’s historic basketball matchup against Notre Dame in Rome. The game marks an opportunity for the company behind Truth Social to expand its reach among faith-based communities and international audiences. Interim CEO of Trump…
Andrew Levy has spent three decades in the airline industry, building a career that has taken him from airline startups to the executive ranks of one of the nation’s biggest carriers. Through it all, the Avelo Airlines founder and CEO says that hard work has remained a constant throughout his…
The FBI said Saturday that North Korean hackers were responsible for stealing more than $6 billion in cryptocurrency from Binance this week, linking one of the largest digital asset thefts in history to the regime in Pyongyang. The announcement marks the first public confirmation from U.S. federal investigators of North…
Former Clinton Labor Secretary Robert Reich called on Democrats to target billionaire Elon Musk if they regain control of Congress in the midterm elections, urging lawmakers to investigate the SpaceX founder and lay the groundwork for nationalizing his companies. During an Oct. 24 episode of his podcast, “The Coffee Klatch…
American households will have the opportunity to review their healthcare coverage in November amid the upcoming open enrollment window for those who buy their health insurance through state-based marketplaces or the federal exchange on Healthcare.gov. The open enrollment period begins on Sunday, Nov. 1, and those looking to sign up…
The massive $6.3 billion cryptocurrency hack at Binance is a warning of potentially devastating cyberattacks ahead, according to a financial and reputation management expert who cautioned that the worst may be yet to come. Eric Schiffer, chairman of Patriarch and Reputation Management Consultants, told FOX Business that the scale of…
A federal judge ruled Friday that McDonald’s must face a proposed class action lawsuit accusing the fast-food giant of misleading customers about the meat used in its popular McRib sandwich. U.S. District Judge April Perry in Chicago rejected the company’s bid to dismiss the lawsuit in its entirety, allowing consumer…