American Airlines issued a warning that airfares are likely to remain elevated even if there’s a decline in oil prices after losses the carrier suffered earlier in the year amid surging fuel costs. The carrier’s CFO, Devon May, told the Financial Times that “if fuel comes down, I think airfares…

FIRST ON FOX: Canadian jetmaker Bombardier announced Friday it is “expanding in America” and “creating thousands of jobs” as part of a $270 million investment deal touted by President Donald Trump.  The development comes after Trump said in September that Bombardier should no longer be allowed to sell its planes in the United…

Social Security is expected to reach insolvency within a decade, and with the key safety net program facing the prospect of automatic benefit cuts when that occurs, a critical debate over the cost of replacing that revenue could be obscured by a budget rule. Kent Smetters, faculty director of the…

EXCLUSIVE: If you build it, they will come. That very sentiment is taking root across Florida’s sun-drenched landscape, as a calculated collaboration between private enterprise and state leadership pushes the Sunshine State towards a modern manufacturing boom.”We now know Florida is the 14th largest economy in the world. And everyone…

PepsiCo and Taco Bell are extending their decades-long partnership for another 11 years, keeping Pepsi beverages — including the fan-favorite Mountain Dew Baja Blast — at participating U.S. restaurants through 2036. The partnership covers Taco Bell, Taco Bell Cantina and Live Más Café locations nationwide, PepsiCo announced Thursday.By renewing their…

The hidden costs of homeownership are rising and have increased by nearly one-third in the last five years as expenses like insurance, maintenance and property taxes take a bite out of homeowners’ budgets. A new report by Zillow and Thumbtack found those costs amount to about $16,566 per year, which…

Discount chain Ollie’s Bargain Outlet is expanding its footprint with a wave of new store openings across seven states this month. The Pennsylvania-headquartered retailer is opening locations in Minnesota, New York, Ohio, Illinois, North Carolina, New Jersey and Maine throughout October, according to the company’s website.The latest openings include a…

Lockheed Martin on Thursday announced a new production and sustainment framework for the F-35 Lightning II, which will see the company produce 850 aircraft for the U.S. military over the next 10 years. The framework also includes associated initial spares, 10 years of modification kits and sustainment and international customer…

Millions of tubes of toothpaste, including products featuring Barbie, Hot Wheels and Crayola branding, are being recalled nationwide. More than 4 million tubes are included in the recall, which covers more than a dozen products sold under the Brush Buddies, Evo and ARU brands, according to the U.S. Food and…

Quest Diagnostics confirmed that patient health information or personally identifiable information was involved in a cybersecurity breach that prompted the medical testing giant to temporarily suspend access to several systems. The New Jersey-based company said Thursday that it disabled access to its Quanum Lab Services Manager (LSM) platform after discovering…