Business

FCC chair warns ‘The View’ faces ‘uphill climb’ in equal-time probe

ABC’s “The View” is under Federal Communications Commission (FCC) review after Chairman Brendan Carr said the long-running talk show faces an “uphill climb” in proving it qualifies as a legitimate news program. “The View” is at the center of an investigation by the FCC over the agency’s equal-time rules, which…

Jack Dorsey cuts nearly half of Block workforce amid major AI overhaul

Block on Thursday announced that it will cut nearly half of its workforce as the payments firm works to embed artificial intelligence (AI) throughout its operations. The layoffs will affect over 4,000 jobs at the company and CEO Jack Dorsey indicated he moved forward with a single round of large cuts rather…

Netflix follows Warren Buffett’s playbook: Don’t overpay, walk away

Warner Bros. Discovery CEO David Zaslav may have been counting on watching one last round in the Netflix vs. Paramount Skydance boxing match to acquire the media company he runs. What he might not have anticipated was that Netflix wouldn’t even bother re-entering the ring. Thursday after the market close,…

Federal judge allows Trump’s 0M White House ballroom to move forward

A federal judge on Thursday denied a legal challenge to President Donald Trump’s White House ballroom project, clearing the way for construction on the estimated $400 million expansion to proceed. U.S. District Judge Richard Leon denied the injunction sought by the National Trust for Historic Preservation, saying the group was…

American Express to build 55-floor tower at World Trade Center site

American Express has announced plans for the construction of a 55-floor building at 2 World Trade Center in New York City. It is anticipated that the building project will be finished in 2031, the company noted. Construction is slated to start in spring of this year.”Spanning nearly two million square…

Cheese sold at Walmart recalled in 24 states over potential health risk

Certain cottage cheese products are being recalled at Walmart stores in 24 states over the possibility of liquid dairy ingredients not being fully pasteurized up to regulatory standards. Saputo Cheese USA Inc. discovered the issue during a “pasteurizer troubleshooting exercise” conducted with the California Department of Food and Agriculture, the…