Business

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 […]

JPMorgan Chase CEO Jamie Dimon warned that while the U.S. economy is being driven by both consumer spending and business investment, there are five economic threats that may challenge that growth.Dimon's comments were included in JPMorgan's quarterly earnings release last week, which noted the nation's largest bank missed Wall Street analysts' profit expectations."The U.S. economy continued to be fueled by strong business investment and ongoing consumer spending," Dimon said."However, large […]

The Treasury Department has identified approximately $270 million in suspicious financial activity potentially linked to fraud targeting federal student aid programs, the agency told FOX Business exclusively.Treasury’s Financial Crimes Enforcement Network (FinCEN) has referred the findings to federal investigators for further review. The referrals are part of the Trump administration’s broader effort to combat fraud and protect taxpayer dollars."Federal student aid is intended to expand educational opportunities, not line the […]

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."Wealth inequality has become a danger to our society, and we need to address that," Kirby told the outlet in […]

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 […]

DALLAS — Every fall, the State Fair of Texas transforms into America's test kitchen for deep-fried imagination, where fried cheesecakes, bacon-wrapped creations and gravity-defying desserts compete for fairgoers' attention.But behind the over-the-top dishes are months of recipe testing, thousands of dollars in development and a competition that can turn a family recipe into a viral sensation — and give a small business a major boost.The Big Tex Choice Awards, held […]

Costco is expanding its diaper selection with a new premium brand, but as of now, shoppers won't find it in the retailer's warehouses.The warehouse club is now offering Kudos diapers exclusively online, with prices starting at $47.99 per package, giving parents who make their purchases through the company's website another option alongside brands such as Huggies, Pampers and Costco's Kirkland Signature.According to Costco's website, Kudos diapers are available in sizes […]