Business

A severed fiber-optic cable in New Jersey disrupted air travel across parts of the Northeast on Monday, showing how a single infrastructure problem can quickly ripple through the nation's airline system.Rich Davis, senior security advisor at International SOS and former chief security officer at United Airlines, told FOX Business that even a localized outage can quickly disrupt flights far beyond where it begins because airline networks are tightly interconnected."It's like […]

Paramount Skydance Corp. has reportedly reached a settlement with the states seeking to block its proposed takeover of Warner Bros. Discovery Inc., clearing the way for a historic Hollywood merger. California Attorney General Rob Bonta led a group of state attorneys general who filed a lawsuit challenging the massive $111 billion deal that was initially expected to close during the third quarter of this year. "After a frenzied weekend of negotiations, $PSKY and state […]

U.S. Treasury Secretary Scott Bessent will present President Donald Trump with a U.S.-China artificial intelligence-related agreement, two sources told Fox Business Network White House correspondent Edward Lawrence.The agreement will open a "hotline" for direct communication on AI, similar to the direct line of communication the military has, enabling either side to have a direct line if any AI-related problems arise, such as hacking, national security concerns, rogue AIs or other issues.   President […]

Meritage Hospitality Group, one of the largest Wendy’s franchisees in the U.S., has filed for Chapter 11 bankruptcy protection following a high-stakes dispute with the fast-food chain's corporate parent.The bankruptcy filing comes amid severe financial pressures at the franchisee, which has struggled with soaring beef costs and weak customer traffic, while Meritage has also blamed aggressive promotional discounting for squeezing margins.The Michigan-based operator runs 314 Wendy's locations across 15 states. […]

Volkswagen Group of America is recalling more than 208,000 vehicles in the U.S. over a steering rack mounting bolt that can corrode and break, potentially causing a loss of steering control.The recall affects a total of 208,724 SUVs, including certain 2018 Tiguan, 2018-2019 Atlas and 2019-2021 Audi Q3 vehicles, the National Highway Traffic Safety Administration (NHTSA) announced.The affected Tiguan vehicles were manufactured from March 22, 2017, through June 18, 2018. The […]

From "vibe coding" to "trash panda," the internet has officially talked its way into the dictionary.Merriam-Webster has added 1,400 new words and definitions to its online catalog, giving a digital-age "glow-up" to the language and official recognition to an internet-fueled mix that also includes "looksmaxxing," "parasocial" and "Rickroll."The publisher said the new entries reflect terms and meanings that have demonstrated widespread use over time, offering what it called "a window […]

Actor Mark Ruffalo is ramping up pressure on California Attorney General Rob Bonta amid reports of settlement talks over the proposed Paramount-Warner Bros. Discovery merger, warning the Democrat not to "cave" and urging supporters to rally outside his Oakland office."Don’t you dare @AGRobBonta, do not cave," Ruffalo wrote Saturday on X.Ruffalo's lobbying comes as the massive transaction remains on hold under a court agreement and Paramount CEO David Ellison clashes […]

Max Tegmark, an MIT physics professor and machine learning researcher, says he has warned about the danger of artificial intelligence (AI) potentially overtaking human beings for over a decade.Tegmark argues that without sufficient guardrails, AI systems will recursively improve themselves until they achieve superintelligence, allowing them to "call the shots" on Earth.This week, Tegmark traveled from Cambridge, Massachusetts, to Washington, D.C., for a closed-door meeting with a bipartisan group of […]

Start spreadin' the news … they’re leavin' today. Wait, that’s about New York.And maybe they’re not leaving. Paramount has been threatening to leave Los Angeles and California for a few months now. Leaving would take one of Hollywood’s "Big Five" studios out of the city, out of the state, but not out of anyone’s mind. Discussions appear to be ongoing within the studio, FOX Business recently reported. Paramount and Warner Bros. have […]