Business
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…
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…
An equipment outage has grounded planes at some major airports in New York, New Jersey and Pennsylvania on Monday, the Federal Aviation Administration (FAA) said. “The FAA is pausing flights into Philadelphia International, Teterboro and Newark Liberty International airports due to issues with some frequencies at Philadelphia TRACON,” the FAA…
Nvidia CEO Jensen Huang said in an interview on Friday that he disagrees with doomsday warnings that artificial intelligence (AI) may contribute to the extinction of humanity within a decade. Huang told CBS News that “2030 is not going to be the end of the world. There is 0% chance…
Paramount Skydance Corp. has reportedly reached a settlement with the states seeking to block its proposed takeover of Warner Bros. Discovery Inc., clearing the way for a historic Hollywood merger. California Attorney General Rob Bonta led a group of state attorneys general who filed a lawsuit challenging the massive $111 billion deal…
