Business
Elon Musk vowed to push back on Democratic lawmakers who may seek to use oversight powers against him if they’re able to gain control of one or both chambers of Congress. Musk responded to a story by Politico that detailed how Democrats have considered ways in which they could investigate…
United Airlines CEO Scott Kirby on Wednesday reiterated his support for a wealth tax as a matter of fairness amid criticism over his comments given his compensation. Kirby said in an interview with CNBC’s “Squawk Box” that his prior comments in favor of a wealth tax were in response to…
The Department of Energy (DOE) on Wednesday announced plans to loan up to about one-third of the U.S. emergency heating oil reserve in an effort to ease price pressures facing consumers as global conflicts constrain energy supplies. The announcement indicated that the DOE will loan up to 315,000 barrels of…
United Airlines CEO Scott Kirby is facing criticism over his support for a national wealth tax and inheritance taxes approaching 100%, with a senior Justice Department official joining the backlash by taking a jab at the airline’s service. Harmeet K. Dhillon, assistant attorney general for the Justice Department’s Civil Rights…
Boeing’s largest 737 MAX aircraft has received Federal Aviation Administration certification, clearing the way for deliveries of a jet with 1,555 orders that represent a third of the company’s outstanding 737 MAX order book. The FAA announced Tuesday that it had certified the 737 MAX 10 after years of regulatory…
A family-run American food importer sued the Trump administration on Tuesday over its 50% tariffs on certain Canadian goods, arguing that the duties are unlawful and which the company estimates could cost it roughly $40 million annually on Canadian cheese imports alone. Gellert Global Group, a New Jersey-based food importer,…
Amazon announced Tuesday that it is hiring more than 300,000 workers across the U.S. for the holiday season. The jobs include seasonal, part-time and full-time roles across Amazon’s U.S. core operations network, with new openings expected to be posted weekly from October through December.Seasonal employees will earn an average of…
Elon Musk said Tuesday that merging his two companies, Tesla and SpaceX, would be “a good idea,” revealing that both companies have formed special committees of independent directors to explore a potential deal. Musk, who leads both companies, has previously entertained the idea of combining the businesses, pointing to growing…
The Social Security Administration (SSA) confirmed to Fox News on Tuesday that it has undertaken the largest cleanup of Social Security Number (SSN) records in the history of the agency as part of an ongoing fight against fraud. Since President Donald Trump took office in January 2025, the agency says…
Apothecary Pharma is recalling 23 vials of injectable drugs distributed nationwide because their sterility cannot be assured, according to the Food and Drug Administration. The voluntary recall includes 22 vials of compounded tirzepatide, a GLP-1 medication containing the same active ingredient as Eli Lilly’s Mounjaro and Zepbound, and one vial…