Business
More than two dozen Democratic lawmakers are calling on President Donald Trump to maintain existing restrictions that effectively keep Chinese automakers and keep them out of the U.S. market ahead of his meeting with Chinese President Xi Jinping. Trump is scheduled to meet with Xi on Thursday in Washington, where…
Meritage Hospitality Group, one of the largest Wendy’s franchisees in the U.S., has filed for Chapter 11 bankruptcy protection following a high-stakes dispute with the fast-food chain’s corporate parent. The bankruptcy filing comes amid severe financial pressures at the franchisee, which has struggled with soaring beef costs and weak customer…
Transportation Secretary Sean Duffy said Monday evening that telecommunications lines have been repaired and airport operations across the Northeast are resuming, though travelers should continue to expect delays. “The telecom lines have been repaired, and all airport operations in the Northeast are resuming. It will take some time to clear…
A severed fiber-optic cable in New Jersey disrupted air travel across parts of the Northeast on Monday, showing how a single infrastructure problem can quickly ripple through the nation’s airline system. Rich Davis, senior security advisor at International SOS and former chief security officer at United Airlines, told FOX Business…
Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) in 2027 than they received for this year, according to new estimates that follow the release of August inflation data. By law, the annual Social Security COLA is calculated using the Bureau of Labor Statistics’ consumer price index…
Apple customers may be able to collect up to $95 from a class action settlement that stems from a lawsuit alleging the tech giant put out false advertisements about the AI capabilities on devices which didn’t have the tech fully integrated. This spring, Apple reached a $250 million agreement to…
Hard Mountain Dew is offering a $1 million prize to anyone who can provide proof that Bigfoot exists, as the alcoholic beverage brand launches a fall marketing campaign built around the legendary creature. The “Bigfoot Bounty” promotion opened Wednesday and runs through Nov. 30, giving adults 21 and older the…
Apple customers may be able to collect up to $95 from a class action settlement that stems from a lawsuit alleging the tech giant put out false advertisements about the AI capabilities on devices which didn’t have the tech fully integrated. This spring, Apple reached a $250 million agreement to…
Tesla has reopened reservations for its long-delayed next-generation Roadster, asking customers to put down $50,000 weeks before the company unveils a redesigned version of the vehicle. According to Tesla’s reservation portal, securing a spot requires an initial, fully refundable $5,000 credit card payment. Customers must then make a $45,000 wire…
Trump to decide whether to green light US-China artificial intelligence ‘hotline’ agreement: sources
U.S. Treasury Secretary Scott Bessent will present President Donald Trump with a U.S.-China artificial intelligence-related agreement, two sources told Fox Business Network White House correspondent Edward Lawrence. The agreement will open a “hotline” for direct communication on AI, similar to the direct line of communication the military has, enabling either side…