Business

Apple retires well-known product after 20 years as it shifts strategy

Apple is scrapping its high-end Mac Pro desktop after two decades, signaling a shift in how the tech giant targets professional users, according to reports.  The company has quietly removed the Mac Pro from its website, according to Bloomberg and 9to5Mac, marking the end of a product line that once…

Americans ditch EVs for bigger vehicles as auto trends reverse

A shift in the auto market is becoming harder to ignore as consumer demand tilts back toward larger, gas-powered vehicles, even as electric vehicles struggle to maintain momentum. STELLANTIS TAKES MASSIVE $26B HIT AFTER MOVING AWAY FROM EVSFOX Business correspondent Jeff Flock joined FOX Business’ Stuart Varney on “Varney &…

San Francisco airport expects major delays as FAA restricts some landings

The Federal Aviation Administration is reducing arrival capacity at San Francisco International Airport as construction and new safety rules take effect, a move expected to increase flight delays. The FAA said the measure will lower maximum arrival rates from 54 flights per hour to 36 during a major runway project.…

Private sector added 62,000 jobs in March, above expectations, ADP says

Companies in the private sector added 62,000 jobs in March, payroll processing firm ADP said Wednesday. The figure is above economists’ estimates of a gain of 40,000 jobs. The prior month’s payrolls number was revised higher to a gain of 66,000 from an initially reported gain of 63,000.”Overall hiring is…

More than 4 million children enrolled in Trump Accounts savings program, IRS says

More than four million children have been enrolled in newly created Trump Accounts, the Internal Revenue Service (IRS) said Tuesday, marking a major rollout of the administration’s savings initiative. Additionally, the IRS said more than one million children are covered by elections for the $1,000 Trump Accounts pilot program contribution.Trump…

Amazon and Delta partner to launch faster in-flight Wi-Fi

Amazon and Delta Air Lines are partnering to significantly upgrade the in-flight Wi-Fi experience for customers. The companies announced on Tuesday that Amazon Leo, the company’s high-speed satellite internet service, will be offered onboard Delta flights starting in 2028.”It’ll be multiple times faster than anything we have today. And it’ll…

Trump admin proposes opening 401(k)s to private equity, crypto

The Trump administration on Monday issued a proposed rule to allow retirement plans to offer alternative assets like private equity and cryptocurrencies as part of the investment options in 401(k) accounts. The Labor Department’s rule aims to ease longstanding barriers to incorporating alternative assets into retirement plans and follows an executive…