Business

American Airlines says some flights experiencing delays due to ‘technical issue’

American Airlines passengers are experiencing some flight departure delays Wednesday due to “a technical issue impacting some of our maintenance applications,” the airline confirmed. “No flights have been canceled at this time, and our teams are actively troubleshooting,” a spokesperson said in a statement to FOX Business.”We apologize to our…

Trump admin considers government stake in lithium mining company

Lithium Americas stock surged on Wednesday following a report that the Trump administration is pursuing a 10% stake in the mining firm as the White House looks to intervene in industries deemed critical to national security. A source familiar with the negotiations told FOX Business that Lithium Americas has agreed to…

Disney should shutter ABC amid FCC regulatory pressure, investment firm says

Entertainment giant Disney would be better off shutting down its ABC broadcast network and dealing with the one-off financial hit than attempting to sell off its affiliate network, an investment firm found in its analysis. Needham wrote in a client note on Tuesday that shuttering ABC and its broadcast network would…

Goldman Sachs to host largest small business owners summit

Wall Street financial titan Goldman Sachs will host the largest gathering of small business owners in Washington, D.C., next month as part of its continuing effort to help small businesses position themselves for growth. The Goldman Sachs 10,000 Small Businesses Summit, which kicks off on Oct. 29 to Oct. 30,…

Univision’s political showdown with Google’s YouTube as removal looms

Spanish-language television network Univision is crying foul as Google’s YouTube TV prepares to remove the channel from its main bundle to an added price plan at the end of the month, a move the broadcaster alleges has discriminatory and political consequences. “I honestly don’t know what their rationale is. The…

United briefly grounds all US, Canada flights for second time in 2 months

Operations are back up and running at United Airlines after a brief ground stop due to a technological issue. The short-lived stop lasted an hour on Wednesday after the airline requested the Federal Aviation Administration (FAA) pause departures at U.S. and Canadian airports. It is the second time in two…

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