Business
First on FOX Business: Two of the country’s largest freight rail companies are hoping federal regulators fast-track their merger. Union Pacific is seeking to acquire Norfolk Southern in an $85 billion deal that would create the nation’s first transcontinental railroad, including 50,000 miles of track across almost every state.The merger…
McDonald’s is bringing back its Monopoly promotion Tuesday, giving customers a shot at prizes ranging from free food to $1 million in cash. The fast-food giant’s limited-time game returns Oct. 6 with its familiar peel-off pieces, but gameplay will now be handled through the McDonald’s app. Customers can peel a…
Vice President JD Vance announced a major federal boost to Alaska’s power grid on Monday, granting $150 million in Defense Production Act (DPA) funding to develop a new major power line. Vance announced the move in tandem with the Department of Energy and the Alaska Energy Authority, with officials saying…
A group of California Republicans is urging the Trump administration to curb “harmful surges” of Mexican avocado imports, warning that cartel influence over Mexico’s avocado trade is threatening U.S. growers. In a letter Monday to U.S. Trade Representative Jamieson Greer, seven Republican members of California’s congressional delegation called for “reasonable…
Workers in the U.S. who use artificial intelligence (AI) regularly in their job are seeing benefits like working more quickly or creatively, though a new study finds that those gains aren’t evenly distributed across the workforce. The American Job Quality Study, produced by Gallup, Jobs for the Future and The…
President Donald Trump is giving truckers a new way to fight pain at the pump, signing an executive order that temporarily lets them fill up with red-dyed diesel normally barred from highway use. “They’re going to be very happy in about two seconds,” Trump said during remarks in Grand Island,…
Oprah Winfrey-backed True Food Kitchen has landed in bankruptcy court after management turmoil and failed expansion bets left the restaurant chain built around healthy eating struggling to stay afloat. The company filed for Chapter 11 protection Sunday and closed 12 restaurants, leaving 34 locations across 14 states open as it…
As leading technology companies issue alarming reports about artificial intelligence systems going rogue, including tools carrying out cyberhacks, NYU Professor Emeritus Gary Marcus predicts that artificial intelligence will ultimately lead to a loss of human life. The AI expert argued that the current regulatory and safety frameworks put forth by…
Walmart is doubling down on its pledge not to use AI, customer data or digital shelf labels to set personalized prices for its shoppers. In a public letter Monday, Dan Bartlett, Walmart’s executive vice president of corporate affairs, challenged what he described as repeated “mischaracterizations” by Lindsay Owens, author of…
America’s housing sector is set to see nearly 14 million homes belonging to members of the baby boomer and Silent generations be released to the market over the next decade – though it may not directly lead to an influx of starter home listings, according to a new report. An…