Business
Several U.S. cities could soon see major underground transportation upgrades led by billionaire Elon Musk’s The Boring Company (TBC). In a Tuesday post on X, the construction company named the winners of its nationwide “Tunnel Vision Challenge,” naming New Orleans, Louisiana, and Dallas, Texas, as candidates for new transportation systems.”Thanks…
Los Angeles County voted in favor of an analysis into the proposed merger between Paramount Skydance and Warner Bros. Discovery and its impact on the entertainment industry. The Los Angeles County Board of Supervisors approved the motion Tuesday to have the Department of Economic Opportunity (DEO) conduct a “comprehensive economic…
Businessman Marcus Lemonis cast doubt on Florida Democrat Emily Gregory’s claim that President Donald Trump played no role in her recent election upset, saying it was unrealistic to suggest voters weren’t talking about the president. “I didn’t appreciate the disingenuous nature of it,” Lemonis said during an appearance on “Varney…
Mortgage rates spiked this week as the conflict in Iran continues to weigh on markets, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.38% from last week’s reading of 6.22%. The average…
As the market for GLP-1 weight-loss drugs explodes toward a projected $150 billion, NFL legend Tom Brady is stepping into the arena — not to promote a magic pill, but to infuse the clinical surge with his trademark “TB12” discipline. “Making a difference in other people’s lives, trying to share…
PORTLAND, Maine – Maine’s lobster industry is facing mounting pressure after a harsh winter reduced fishing activity, slowed catches and added to rising costs across the sector. The state, the largest lobster producer in the U.S., recorded its fourth consecutive annual decline in total catch, according to the Maine Department…
President Donald Trump blasted two Supreme Court justices that he appointed as “bad for our country” after they sided with the majority in a ruling that undercut his tariff agenda. The criticism follows a Supreme Court decision last month that blocked his use of an emergency law to impose sweeping…
The Supreme Court unanimously ruled Wednesday that internet providers are not liable for copyright infringement by their users, delivering an opinion in Cox v. Sony and tossing a $1 billion verdict. “Under our precedents, a company is not liable as a copyright infringer for merely providing a service to the…
JPMorgan Chase CEO Jamie Dimon said on Tuesday that the U.S. is becoming more like Europe in terms of defense procurement, and it’s holding the country back. Dimon spoke at the Hill & Valley Forum, which is an annual meeting that brings together policymakers, defense leaders, tech builders and investors to…
Meta is cutting roughly 700 jobs on Wednesday, a source familiar with the matter confirmed to FOX Business. The layoffs are expected to affect several key areas, including Reality Labs, Facebook, recruiting operations and sales, the source said.A spokesperson for the company said the layoffs are part of ongoing restructuring…













