Lufthansa is cutting roughly 20,000 short-haul flights this summer, citing a spike in jet fuel prices that has rendered many routes “unprofitable” as the global aviation industry grapples with rising costs. The German carrier said Tuesday the cuts, which will run through October, are expected to save about 40,000 metric…

A Florida produce distributor has recalled thousands of cantaloupes due to a potential risk of salmonella contamination, and now the U.S. Food and Drug Administration (FDA) is warning of an increased risk. The recall was first initiated last month, but the FDA upgraded it to Class I on April 20,…

Seattle could lose hundreds of millions of dollars in tax revenue as Starbucks expands operations in Tennessee, a local outlet estimates.   Fox 13 Seattle reported Tuesday that the Emerald City “could lose up to $750 million in tax revenue in the coming years as Starbucks expands in Tennessee instead of…

“The blockade scares them even more than the bombing — they’ve been bombed for years, but the blockade they hate.” That’s President Trump talking to Fox News’ Martha MacCallum in a very telling statement. And it may well be that the factionalized Iranians simply cannot come up with any kind…

Generac Power Systems is recalling certain portable generators sold at Costco after identifying a defect that could cause gasoline to leak, posing a potential fire and burn hazard, according to a notice sent to customers. The recall affects Generac GP9200E gas generators purchased between May 2025 and February 2026, Generac…

Treasury Secretary Scott Bessent pushed back Wednesday after Sen. Chris Coons, D-Del., suggested temporary sanctions relief for Iran has granted the country $14 billion during the war. During a fiery exchange at Wednesday’s Senate Appropriations Committee subcommittee hearing on the 2027 fiscal budget, Coons levied the charge at Bessent, noting…

Kevin O’Leary is narrowing his crypto strategy after years of experimenting across the digital asset space, arguing that most tokens have failed to justify their place in portfolios as institutional money reshapes the market. US BANS NEW FOREIGN-MADE CONSUMER INTERNET ROUTERS OVER SECURITY CONCERNS O’Leary Ventures Chairman Kevin O’Leary joined…

A common narrative suggests that the housing crisis is a young person’s problem, with Gen Z and millennials bearing the brunt of high prices. However, new data from the Federal Reserve Bank of New York and the American Enterprise Institute Housing Center reveals a much more disturbing reality: the collapse…

Best Buy announced on Wednesday that it is promoting a longtime executive to chief executive as the consumer electronics retailer navigates shifting demand and intensifying competition across the retail sector. The company said that Jason Bonfig — currently its chief customer, product and fulfillment officer — will become CEO on…

Investors are flocking to actively managed exchange-traded funds (ETFs) and recently pushed the amount of assets in the investment class above a notable milestone. Actively managed ETFs surpassed $1 trillion in assets under management in the U.S., as investors look to find investment options that may outperform passive ETFs that…