FCC proposes new restrictions on Chinese telecom firms, citing national security risks and tighter control over U.S. networks.
Industry
FedEx CFO John Dietrich Exiting After Freight Unit Spinoff Completion
FedEx CFO John Dietrich will step down after the FedEx Freight spinoff, as the company continues its major restructuring plan.
Stamp Prices Could Jump to 82 Cents Under USPS Proposal
USPS proposes raising stamp prices to 82 cents as part of a new mailing rate increase aimed at addressing financial pressure and rising costs.
Chinese Automakers Accelerate Global Expansion as Domestic Sales Decline
Chinese automakers boost global exports as domestic car sales decline, led by strong EV demand and expanding overseas markets in 2026.
USPS Freezes Contributions to Federal Employee Pension Plan Amid Funding Strain
USPS pauses pension contributions to conserve cash as financial losses raise concerns about a potential funding crisis.
Latest News
A28 Olympic ticket prices spark backlash as CEO Reynolds Hoover defends costs and promises more affordable ticket releases.
FedEx pilots secure a tentative deal with major pay raises and retroactive bonuses after nearly five years of negotiations.
Disney plans to lay off up to 1,000 employees as new CEO Josh D'Amaro begins leadership amid ongoing cost-cutting efforts.
Ford requests temporary relief from 25% aluminum tariffs after Novelis fires disrupt U.S. vehicle production.
JPMorgan CEO Jamie Dimon warns high taxes in New York City could drive businesses and workers to relocate to lower-cost areas.
Ford recalls over 422,000 vehicles in the U.S. due to faulty wiper arms that may fail and increase crash risk.
Delta and Southwest Airlines raise checked bag fees as rising fuel costs tied to Middle East tensions impact the aviation industry.
TrumpRx expands as AbbVie and Genentech add discounted drugs, lowering prices for uninsured patients across the U.S.
Associated Press cuts under 5% of staff as declining print revenue pushes shift to digital and broadcast news platforms.
