Families of Boeing crash victims to make potential final plea for criminal prosecution
Families of 737 Max crash victims push for prosecution as a Texas court reviews Boeing’s felony conspiracy charge tied to deadly crashes.
Mystery surrounds $1.2 billion Army contract to build huge detention tent camp in Texas desert
Trump’s administration grants a $1.2B contract to a small Virginia firm to build the nation’s largest immigration detention camp at Fort Bliss.
Activist investor takes a $4 billion stake in PepsiCo, seeing a path to revive sales
Elliott Investment Management disclosed a $4B stake in PepsiCo, urging changes to revive growth and profitability in its core U.S. business.
Kraft Heinz to split a decade after megafood merger
Kraft Heinz will split into two firms by 2026: one with Heinz, Philadelphia and Kraft Mac & Cheese, the other with Oscar Mayer, Singles and Lunchables.
Trump cancels $679M in funding for offshore wind projects
The Transportation Department on Friday canceled $679 million in federal funding for a dozen offshore wind projects, the latest attack by the Trump administration on the reeling U.S. offshore wind industry.
Trump ends duty-free rule for imports under $800
Imports under $800 no longer enter duty-free after Trump order, forcing new taxes on small parcels and disrupting global shipping services.
Key US inflation gauge holds mostly steady though core inflation ticks higher
The Fed’s preferred inflation gauge held at 2.6% in July, though core inflation ticked up, keeping rates steady despite Trump’s tariffs.
Trump extends control over Washington by taking management of Union Station away from Amtrak
WASHINGTON (AP) — President Donald Trump‘s administration is taking management of Union Station away from Amtrak in the latest example of the federal government exerting its power over the nation’s capital. Transportation Secretary Sean Duffy announced the takeover Wednesday alongside Amtrak President Roger H[...]
Cracker Barrel had good reasons to rebrand.
Like its namesake barrels that transported soda crackers until boxes replaced them, Cracker Barrel needed to change. The restaurant chain’s new CEO, Julie Felss Masino, laid out the argument to investors last year: Cracker Barrel’s customer traffic was down 16% compared to 2019. Research showed consumers thought th[...]
Nvidia’s latest quarter shows signs of slowing AI chip sales amid concerns of tech bubble
SAN FRANCISCO (AP) — Nvidia’s sales of its artificial intelligence chipsets rose at a slower pace than analysts anticipated during the company’s latest quarter, a letdown likely to stoke worries that the AI craze has been fool’s gold. The results announced Wednesday were hotly anticipated because Nvidia has e[...]
Trump administration threatens some funding for 3 states for not enforcing trucker English rules
Transportation Secretary Sean Duffy says California, Washington and New Mexico risk losing federal funds over trucker English enforcement.
U.S. consumer confidence dips in August on job worries
Americans’ confidence in the economy slipped in August as job market concerns rose, with the index falling to 97.4 from 98.7 in July.