Business

Two U.S. senators are demanding answers from Match Group, which owns dating apps, including Tinder and Hinge, arguing its platforms' algorithms foster trust that romance scammers can take advantage of.Senator Maggie Hassan, D-N.H., and Senator Marsha Blackburn, R-Tenn., sent a letter Wednesday to Match Group CEO Spencer Rascoff, calling on the company to detail steps it has taken to detect and prevent fraud, Reuters reported."We are also concerned that Match, […]

A Coldplay concert video took the internet by storm and triggered the resignation of two top executives at data company Astronomer. However, a source close to one of them is now speaking out that the controversy was misrepresented and that there was "no affair."Former CEO Andy Byron, 51, and then-Chief People Officer Kristin Cabot, 53, were shown embracing on a jumbotron in July. A viral video showed the duo ducking […]

President Donald Trump is expected to sign an executive order on Thursday confirming the TikTok deal complies with the law, allowing the social media platform to avoid a ban, a White House official told FOX Business. The White House said earlier this week that Trump would announce that a TikTok deal, which shifts the app's U.S. operations away from its Chinese owner ByteDance, meets the requirements of a 2024 law. Oracle […]

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 allow the Trump administration to take a small stake of less than 10% in the company as it renegotiates a $2.26 […]

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 customers for the inconvenience," the statement said, adding that the airline's "team is utilizing alternative procedures for closing out flights, which […]

A man was arrested in connection with a cyberattack that disrupted operations at several European airports, the U.K.'s National Crime Agency said.The incident, first reported on Sept. 19, impacted flights at London's Heathrow Airport and others over the weekend, according to the agency. The suspect was arrested in West Sussex, England, on Tuesday evening on suspicion of Computer Misuse Act offenses. Police described the suspect as a male in his 40s, […]

More than 115,000 Ford trucks are being recalled because drivers could lose control of steering, according to U.S. auto safety regulators. A defect impacting certain F-250, F-350 and F-450 vehicles, from model years 2020 through 2021, can cause the steering column's upper shaft to detach, according to the National Highway Traffic Safety Administration.In total, 115,539 vehicles are impacted by this recall.This means the driver could lose steering control of the vehicle, […]

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 be less costly and volatile than continuing to own them or sell them. The firm said that Federal Communications Commission (FCC) Chair Brendan […]

The $500 billion Stargate project with the aim of giving the U.S. an edge in the artificial intelligence (AI) race is moving forward following the announcement of five new AI data center sites revealed on Tuesday by the companies investing in the project.OpenAI, Oracle and SoftBank unveiled new data center sites as part of the Stargate project that was first announced in January as part of a $500 billion investment in […]