Business

Geothermal energy has been around since earth’s creation and exists almost everywhere, yet harnessing its full potential has proven difficult since viable sources are often difficult to find. "The U.S. has a lot of it, and most of it in the U.S. is untapped. It's a tremendous sort of resource base that's waiting for us to go after it," Zanskar co-founder Joel Edwards said. Geothermal energy is generated by the Earth’s formation and […]

A California jury on Friday concluded that Elon Musk misled Twitter investors ahead of his $44 billion acquisition of the social media giant in 2022.The verdict from a jury in San Francisco federal court came in a closely watched trial in which Musk was accused of falsely claiming that Twitter underreported how many fake and spam accounts, known as bots, were on its platform.Musk ultimately completed his purchase of Twitter […]

The next fight in the Iran war is likely going to be the Pentagon’s request for $200 billion to keep our military in tip-top shape, not only to complete the mission in Iran, but also to maintain President Trump’s policy of peace through strength. We want the best for our men and women in the services. Soldiers, sailors, airmen. They must have everything they need, today, tomorrow, and frankly forever.Yet […]

Electrolux Group is recalling more than 174,000 Frigidaire gas ranges due to an oven-related issue that poses a burn hazard to users.The recall affects about 169,500 units sold in the U.S. and 5,300 in Canada, according to the Consumer Product Safety Commission. The agency said the ovens in the ranges can experience delayed ignition of the bake burner, which poses a risk of burn hazards to users.90,000 BOTTLES OF CHILDREN'S IBUPROFEN […]

European tensions are resurfacing as questions grow over burden sharing in global conflicts, and former House Speaker Newt Gingrich argued long-standing imbalances between the U.S. and its allies are becoming harder to ignore.Fox News contributor Newt Gingrich joined FOX Business' Stuart Varney on "Varney & Co." to discuss the widening divide between the United States and Europe as the conflict in the Middle East continues to test international alliances.Gingrich pointed […]

Global banking giant HSBC Holdings Plc is considering significant job reductions in the years ahead, as CEO Georges Elhedery bets on artificial intelligence to downsize middle and back offices, Bloomberg reported.The greatest impact is anticipated to be seen among non-client-facing positions in global service centers, but the evaluation is only in an early stage, according to individuals familiar with the issue, the outlet reported. The moves could impact about 20,000 […]

Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday that she’s penciled in multiple rate cuts before the end of the year."I'm still concerned about the job market," Bowman, considered one of the more hawkish members of the Federal Open Market Committee, said during an interview on FOX Business Network's "Mornings with Maria." I want to see a little bit of recovery there. But, of course, I've written […]

The U.S. Mint is moving forward with a gold commemorative coin featuring President Donald Trump after a federal arts commission approved a design Thursday, with Treasury officials citing a legal authority that allows the inclusion of a sitting president despite longstanding restrictions.FOX Business confirmed with a source familiar with the Commission of Fine Arts that the design shown is the mock-up approved by the panel, clearing a key step toward […]

Four Delta Air Lines flight attendants were injured on Friday after a flight bound for Australia experienced what the airline described as "brief turbulence."The flight, carrying 245 passengers and 15 crew members, was headed from Los Angeles, California, to Sydney, Australia, when the turbulence began.The Airbus A350 was hit by the turbulence as it descended, but Delta said the aircraft landed "safely and normally" at the Sydney airport.US FLIGHT CANCELLATIONS, […]