Business

LARRY KUDLOW: American economic success — we have oil

The United States Navy’s blockade of Iranian ports is working to perfection, and is basically stopping Iran from selling any oil or getting any money. Losing $400 or $500 million a day means you’re in a business that has no future. You won’t meet payroll. No retirement accounts. No health…

Ford recalls over 140,000 pickup trucks over wiring fire risk

Ford is recalling more than 140,000 Ranger trucks in the U.S. after federal safety regulators warned a wiring issue could elevate the risk of fire, as well as potential crashes or injuries. The recall affects 140,201 vehicles spanning the 2024 through 2026 model years, according to the National Highway Traffic…

Eric Trump-backed robot startup lands M Pentagon deal to compete with China

The future of American defense is undergoing a high-tech revolution as the Pentagon has awarded a multimillion-dollar contract to test heavy-duty humanoid robots. Foundation Future Industries recently secured the $24 million contract for its “Phantom” robots, designed to breach enemy sites and spare American lives. CEO Sankaet Pathak and chief…

Warner Bros. Discovery shareholders approve Paramount Skydance deal

Warner Bros. Discovery Inc. announced on Thursday that its shareholders voted to approve its previously announced transaction with Paramount Skydance Corp. at a special meeting of stockholders. “Shareholder approval marks another important milestone towards completing our acquisition of Warner Bros. Discovery, building on our successful equity and debt syndications and…

Party City expands footprint through Staples partnership after store closures

Party City is expanding its retail footprint into more than 700 Staples stores nationwide, marking a major distribution push after shuttering hundreds of locations in recent years. The partnership, announced Tuesday, will bring Party City’s balloons, décor and party supplies into Staples stores and onto its website, with plans to…