Business

Beleaguered carrier Spirit Airlines may get a lifeline out of bankruptcy.The low-budget carrier is in talks with Castlelake, a global alternative investment firm with approximately $33 billion in assets under management, about a potential takeover, according to CNBC.The airline has long struggled to compete with rival carriers that offer various levels of service and fly to more destinations. Its financial situation became so perilous that the airline was forced into […]

FIRST ON FOX: President Donald Trump is suing JPMorgan Chase and its CEO Jamie Dimon in a $5 billion lawsuit filed Thursday, accusing the financial institution of debanking him for political reasons.The president’s attorney, Alejandro Brito, filed the lawsuit Thursday morning in Florida state court in Miami on behalf of the president and several of his hospitality companies.Brito quotes JPMorgan’s code of conduct, which states that the bank operates "with […]

Disgraced Theranos founder Elizabeth Holmes has filed a request asking President Donald Trump to commute her federal prison sentence, according to the U.S. Justice Department’s Office of the Pardon Attorney.The commutation request was filed in 2025 and is currently listed as pending, meaning the clemency case has been opened, and the petition is under review.The Office of the Pardon Attorney did not immediately respond to Fox News Digital’s request for […]

Fast food is often viewed as one of the cheapest ways to grab a meal, but some deals that look like bargains may be doing more to boost restaurant profits than protect consumers’ wallets.At the center of the strategy is a pricing tactic known as the "decoy effect," a psychological phenomenon in which a less attractive third option subtly nudges customers toward a more expensive choice, according to the journal […]

The National Highway Traffic Safety Administration announced Tuesday that Ford is recalling more than 116,000 vehicles due to a potential fire risk linked to the engine block heater.The device, which helps warm the engine before starting in freezing temperatures, may crack and leak coolant if drivers use it by plugging it into an external power source, according to the recall report.Federal regulators warned that the defect could lead to a […]

Shoppers are being warned to avoid certain cans of Genova Yellowfin Tuna that were mistakenly sent to stores across nine states, even though the products were recalled last year.The products are linked to a recall issued in February 2025 by Tri-Union Seafoods, which discovered a manufacturing defect affecting the "easy open" pull-tab lids on some cans. The defect could cause the cans to "leak, or worse, be contaminated with Clostridium botulinum, […]

President Donald Trump on Monday floated the idea of slapping a 200% tariff on French wines and champagnes when asked about French President Emmanuel Macron declining to join the Board of Peace initiative focused on working toward and end to the Gaza conflict in the Middle East."What I'll do is if they feel… hostile, I'll put a 200% tariff on his wines and champagnes. And he'll join. But, he doesn't […]

Citadel CEO Ken Griffin sounded off on the impact of the Biden administration's regulatory policies on the U.S. economy, saying that the Trump administration's move to end the "regulatory onslaught" has been a relief to entrepreneurs wanting to grow their businesses.The billionaire co-founder of Citadel spoke at the World Economic Forum on Wednesday and said that the Biden administration's heavy-handed approach to regulation created constant friction for businesses like his firm."You cannot […]

It turns out that even billionaires can fall for scams.USA House — a primary venue for the Trump administration at the World Economic Forum in Davos — issued a warning on its website Tuesday that some attendees fell victim to scalpers selling fake VIP access packages to the event space."Caveat Billionaires, it has been brought to our attention that again this year external parties are selling ‘VIP access to USA […]