Business

Ferrari CEO Benedetto Vigna on Tuesday offered praise for Tesla's redesigned Roadster sports car, saying that the next-generation vehicle showed that the auto industry has capacity for daring innovation even in a more mature market.Tesla marked the launch of the Roadster last week with a demonstration that included stunts and airborne maneuvers using thrusters the EV company developed with SpaceX. Tesla CEO Elon Musk, who also leads SpaceX, said production […]

United Airlines CEO Scott Kirby is mum when it comes to his own money, even as he calls for a national wealth tax and says income inequality is a "danger" to society.Kirby, who took home about $32.3 million in total compensation in fiscal year 2025, made the remarks when asked about declining public trust in corporate executives during an interview with The New York Times. His compensation includes salary, stock […]

President Donald Trump announced an $8 billion Harvest Fuel Relief payment to farmers this harvest season to offset rising diesel costs and other increased input expenses amid disruptions to the global energy supply caused by attacks from Iran and its terrorist proxies in the Middle East."And some more goodies — you know, I always heard that when you're president, you have a little bit of an advantage, and I sort […]

Walmart announced Tuesday it is rolling out a new membership bundle that gives shoppers access to both Walmart+ and Sam’s Club Plus for $120 a year, nearly $100 less than purchasing the two memberships separately.The bundle works out to the equivalent of $10 per month, though Walmart said it will only be available as an annual membership and will not include a monthly option or free trial.Walmart CEO John Furner […]

The Federal Aviation Administration announced on Monday that it had proposed a fine of $351,000 against a private charter company for alleged unauthorized flights.The civil penalty was proposed against Creamer Pilot Services of Fayetteville, Arkansas, according to the FAA, which accused the company of "conducting unauthorized passenger-carrying operations."Creamer Pilot Services, which does business as Jett Aircraft, allegedly operated 31 passenger-carrying flights using three aircraft that were not on its Operations […]

Nearly 1.6 million pounds of ready-to-eat meat and poultry products, including hot dogs, bacon, brisket and ham, are facing a recall over potential "temperature abuse" during storage, according to federal officials.Kayem Foods Inc. issued a voluntary recall for about 1,584,361 pounds of ready-to-eat food items, the Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced over the weekend.FSIS gave the recall its highest-level classification, meaning there is a "reasonable […]

United Airlines CEO Scott Kirby is calling for a national wealth tax and inheritance taxes approaching 100% for certain estates, arguing that growing wealth inequality poses a threat to American society.Kirby made the remarks when asked about declining public trust in corporate executives during an interview with The New York Times published Sunday."Wealth inequality has become a danger to our society, and we need to address that," Kirby told the […]

Cedar Point’s Millennium Force roller coaster reopened Saturday after a small metal bracket reportedly fell from one of the ride’s cars and landed in a guest area.The ride was shut down Friday after the bracket became dislodged. No guests or Cedar Point team members were struck, and no injuries were reported."The ride has resumed operations following the successful completion of maintenance inspections and all required safety checks," a Cedar Point […]

The Transportation Security Administration is keeping its Gateside airport access program limited to just 13 airports, despite a previously announced expansion that would have allowed eligible visitors without airline tickets to pass through security at hundreds of locations nationwide.The program — known as Gateside by TSA PreCheck — allows approved PreCheck members to enter secure areas of participating airports without a boarding pass, giving them an opportunity to accompany departing […]