Business

Authorities told FOX Business on Sunday that a couple, reportedly an award-winning pilot and his wife, died in a tragic plane crash last week after declaring an emergency landing "due to oil on the windshield."  Local media outlet KLTV said the couple’s dog was also on board and miraculously survived the devastating crash.The incident occurred in East Texas last Wednesday around 5:30 p.m., when a Beechcraft A36 struck power lines while […]

A nationwide recall has been issued for a baby fruit purée after federal testing found elevated levels of patulin, a toxin that can pose health risks with prolonged exposure.Initiative Foods announced Friday that it is recalling one lot of its "Tippy Toes" Apple Pear Banana Fruit purée following the test results.Patulin is a naturally occurring toxin produced by molds that can develop in fruits, particularly apples. Prolonged ingestion of the […]

Costco is officially retiring a decades-old system customers have long found frustrating as part of its latest major digital overhaul.  Customers will soon be able to place custom cake and deli tray orders directly through the company’s mobile app and website. Previously, shoppers were required to drive to Costco just to fill out paper order forms in-store. Executives of the major retailer said the upgrade, which would streamline orders from start […]

Verizon has added on a step for customers wanting to unlock their fully paid-off devices by introducing a new waiting period in certain cases.Under Verizon’s current device-unlocking policy, customers who pay off their payment agreement balance online or in the My Verizon app have to wait 35 days before their phone will be unlocked.The same delay applies if a Verizon Gift Card is used to buy a smartphone or customers […]

Elon Musk’s The Boring Company has been selected to begin negotiations for a proposed underground transit system connecting Universal Orlando’s parks, following a vote by the Shingle Creek Transit and Utility Community Development District Board.During its Feb. 11 meeting, the board authorized staff to enter contract negotiations with The Boring Company after determining its proposal best met the district’s request for an "innovative, future-ready, point-to-point solution."The project is intended to […]

Americans who live alone are paying a five-figure "singles tax" amid rising rents around the nation, a new analysis finds.Data from Zillow shows that the typical apartment rent is currently $1,745 and has risen 30% over the last five years, which represents a significant burden for renters who live alone and don't have one or more roommates to split the bill with.The premium paid by solo renters was dubbed the "singles tax" […]

An ongoing dispute between Elon Musk and LinkedIn co-founder Reid Hoffman has erupted on social media, renewing scrutiny of the tech titans’ past associations with the late financier and convicted sex offender Jeffrey Epstein.The public spat intensified following renewed attention to Epstein’s network and the latest release of Justice Department documents related to the case.Both billionaires shared screenshots of emails drawn from the roughly 3 million pages of records as […]

As Kevin Warsh prepares to take the reins at the Federal Reserve, a newly elevated Trump ally at the central bank is signaling how he believes the job should be done — and how the next chair should navigate a pivotal moment for monetary policy.Speaking at the Dallas Federal Reserve, Governor Stephen Miran offered simple advice for Kevin Warsh, Trump’s nominee to replace Federal Reserve Chair Jerome Powell."Be forward-looking, not […]

American Girl is marking its 40th anniversary with a bold redesign of its beloved historical dolls, prompting swift backlash on social media.The Mattel-owned brand announced Wednesday the launch of its new "Modern Era Collection," reimagining six of its most iconic characters with contemporary outfits and a smaller 14.5-inch frame, down from the brand’s traditional 18-inch dolls, according to a news release from Mattel."Discover the Modern Era Collection of 14.5-inch dolls […]