Russian court upholds 9-year sentence for US former Marine Trevor Reed

Russian court upholds 9-year sentence for US former Marine Trevor Reed



A Russian appeals court on Monday upheld a nine-year prison sentence for Trevor Reed, a former U.S. Marine who was convicted last year of endangering the lives of two police officers in August 2019, charges he denies.

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Arizona AG wants answers from Facebook over reports of smugglers using platform to get migrants into US

Arizona AG wants answers from Facebook over reports of smugglers using platform to get migrants into US



Arizona Attorney General Mark Brnovich has written to Facebook CEO Mark Zuckerberg calling for answers about reports that human smugglers and drug cartels have used the popular social media platform to advertise their smuggling services and capitalize on the continuing crisis at the southern border.

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Microsoft executive: Targeting of Americans' records by feds is 'routine'

Microsoft executive: Targeting of Americans' records by feds is 'routine'



Federal law enforcement agencies secretly seek the data of Microsoft customers thousands of times a year, according to congressional testimony Wednesday by a senior executive at the technology company.

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Microsoft exec details 'frightening' DOJ 'abuse' of secret requests for Americans' data in hearing

Microsoft exec details 'frightening' DOJ 'abuse' of secret requests for Americans' data in hearing



A Microsoft executive on Wednesday detailed the "frightening" abuse by the Department of Justice of "secrecy orders" that allow the government to take Americans' data from tech companies without ever letting them know.

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Didi Global shares spike in opening NYSE trade

Didi Global shares spike in opening NYSE trade



Didi Global Inc. shares surged 19% Wednesday in their opening trade on the New York Stock Exchange.

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Ron Johnson on COVID origins: Senator explains why he believes Dems have not had a hearing

Ron Johnson on COVID origins: Senator explains why he believes Dems have not had a hearing



Sen. Ron Johnson, R-Wis., explained Wednesday why he believes Democrats have not had a hearing on the origins of COVID-19, arguing that there must have been a “cover-up” by government officials, China and the mainstream media.

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McConnell lauds Bill Clinton's treasury secretary for hyperinflation warning

McConnell lauds Bill Clinton's treasury secretary for hyperinflation warning



Senate Minority Leader Mitch McConnell gave "kudos" to former Treasury Secretary Larry Summers – a stalwart of the Obama and Clinton administrations – for his recent warnings about hyperinflation as President Biden pushes forward with his massive, multitrillion-dollar economic agenda.

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Trump border trip to address wall gaps, drug trafficking impact

Trump border trip to address wall gaps, drug trafficking impact



Rep. Lisa McClain, R-Mich., is joining former President Donald Trump on his trip to the southern border Wednesday. McClain discussed what the group of Republicans hope to achieve during the visit with FOX Business' Stuart Varney on "Varney & Co."

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‘Partisan’ infrastructure sacrifices rural America to spend on urban areas: Rep. Davis

‘Partisan’ infrastructure sacrifices rural America to spend on urban areas: Rep. Davis



Rep. Rodney Davis, R-Ill., argues the current infrastructure bill would hurt his constituents.

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Green Saving Bond details revealed - except for one key factor

Savers' money will go to the government for environmental projects, but the interest to be paid remains unknown.

from BBC News - Business https://ift.tt/3y6pQH2

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Bank of England's Andy Haldane voices 4% inflation fear

The Bank of England's departing chief economist warns that the risk of high inflation is "rising fast".

from BBC News - Business https://ift.tt/3w74MPl

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Trump Organization expected to be charged over tax

The firm and its chief financial officer are set to be charged with tax-related crimes, reports say.

from BBC News - Business https://ift.tt/3xbTj2q

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LinkedIn investigates data leaked on cybercriminal site

LinkedIn investigates data leaked on cybercriminal site



LinkedIn is investigating user data that cybercriminals apparently posted on the dark web, according to new research.

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Robinhood hit with $70M record FINRA fine

Robinhood hit with $70M record FINRA fine



Robinhood, the trading app popular with the retail community, is not popular with financial regulator FINRA, which just handed down the largest fine ever.

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Bed Bath & Beyond turnaround boosts stock

Bed Bath & Beyond turnaround boosts stock



Bed Bath & Beyond raised its full-year outlook for fiscal 2021 as its turnaround takes hold.

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Stocks hold near records as first half of 2021 wraps up

Stocks hold near records as first half of 2021 wraps up



U.S. equity markets were little changed Wednesday as markets headed into their final day of trading in the first half of the year.

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Digital adoption during COVID continues ‘firing on all cylinders’: Fiserv CEO

Digital adoption during COVID continues ‘firing on all cylinders’: Fiserv CEO



Fiserv CEO Frank Bisignano on digital payments and the reopening economy.

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Biden weighs new executive order restraining big business

Biden weighs new executive order restraining big business



The Biden administration is developing an executive order directing agencies to strengthen oversight of industries that they perceive to be dominated by a small number of companies, a wide-ranging attempt to rein in big business power across the economy, according to people familiar with the plans.

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Tradespeople shortages develop as EU workers leave

The founder of Homeserve says there aren't enough tradespeople EU workers leave and demand rises.

from BBC News - Business https://ift.tt/3y3htvK

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Oil traders handicap OPEC’s move with a wary eye

Oil traders handicap OPEC’s move with a wary eye



OPEC may boost production at this week's meeting but oil watchers say the move will be strategically puny.

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Bitcoin price stays above $35,000 as rise continues

Bitcoin price stays above $35,000 as rise continues

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Stock futures turn negative ahead of labor data

Stock futures turn negative ahead of labor data

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Pandemic opened people's eyes to the value of tech - Dixons boss

Alex Buldock says the pandemic and working from home opened people's eyes to the value of tech.

from BBC News - Business https://ift.tt/2TkLclk

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Keith Krach: TSMC to roll out chip plant for 2023 production run

Keith Krach: TSMC to roll out chip plant for 2023 production run



Former under secretary of state for economic growth discusses details of his meetings with intel, Taiwan Semiconductor and Arizona's governor on high-tech diplomacy and national security

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Goldman to open Dallas campus, second largest after NY: report

Goldman to open Dallas campus, second largest after NY: report



Goldman Sachs is reportedly in advanced talks to open a major campus in the Dallas, Texas, area, that is expected to be larger than all its U.S. hubs save for the Wall Street investment firm's Manhattan headquarters.

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Why small investors are piling into share-trading apps

A boom in cheaper trading is tempting some inexperienced investors to take big risks, warn experts.

from BBC News - Business https://ift.tt/3haLtiC

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Southwest Airlines under fire for canceling thousands of flights

Southwest Airlines under fire for canceling thousands of flights



Southwest Airlines has canceled about 600 flights and delayed more than 4,000 between Friday and Sunday, according to reports.

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Elon Musk says Starlink has 2 major telecommunications partners

Elon Musk says Starlink has 2 major telecommunications partners



SpaceX CEO Elon Musk estimates Starlink could cost between $5 billion to $10 billion to operate before reaching full positive cash flow and as much as $20 billion to $30 billion over the long-term.

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US agency orders automated vehicle makers to report crashes

US agency orders automated vehicle makers to report crashes



The U.S. government's highway safety agency has ordered automakers to report any crashes involving fully autonomous vehicles or partially automated driver assist systems.

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Portugal exempts under-18s from quarantine

But they must be travelling with a fully vaccinated parent or guardian, say tourism authorities.

from BBC News - Business https://ift.tt/3600puH

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Varney: The left will try to grab Wall Street wealth

Varney: The left will try to grab Wall Street wealth



FOX Business’ Stuart Varney argues Democrats will respond to rising stock market wealth with more taxes.

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China's Didi will reportedly price IPO above expected range

China's Didi will reportedly price IPO above expected range



Chinese ride-hailing company Didi Global Inc. is planning to price shares in its U.S. initial public offering at or above the top end of its indicated range, according to a report.

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New Parler CEO George Farmer on reviving the 'free-speech-minded' social media platform

New Parler CEO George Farmer on reviving the 'free-speech-minded' social media platform



The new Parler CEO, George Farmer, explained Tuesday what it took to revive the “free-speech-minded” social media platform and return it to Apple, Google’s app stores after it was removed over what the companies said was violent and threatening content in the wake of the Jan. 6 Capitol riot.

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Marin Software not concerned by 'meme stock' label as price soars

Marin Software not concerned by 'meme stock' label as price soars



Marin Software founder and CEO Chris Lien addresses his company's climb on Wall Street after their partnership with online grocery platform Instacart.

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United Airlines bets on travel boom with big plane order

The US airline announces its largest aircraft order to date, for 270 Boeing and Airbus planes.

from BBC News - Business https://ift.tt/3y4K5or

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Teneo PR firm boss quits over drunken misconduct claims

Declan Kelly steps down over what he called "an inadvertent, public and embarrassing mistake".

from BBC News - Business https://ift.tt/3w5tiAc

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New Parler CEO explains steps taken 'to reinforce' the social media platform

New Parler CEO explains steps taken 'to reinforce' the social media platform



The new Parler CEO, George Farmer, argues that many of the vendors that are used by technology firms are 'based in kind of woke corporate California and that really makes it very difficult to work if you’re a free-speech minded platform.'

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New Parler CEO George Farmer on reviving the social media platform

New Parler CEO George Farmer on reviving the social media platform



Parler CEO George Farmer explains what it took to get the social media platform back on the Apple App Store following its suspension over what the company said was violent and threatening content. 

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Foreign business leaders may get quarantine exemption

Executives visiting England from amber-list countries will not need to isolate if trip is a big economic benefit.

from BBC News - Business https://ift.tt/3jpbcXf

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Stock futures little changed as banks rally after dividend hikes

Stock futures little changed as banks rally after dividend hikes



U.S. stock futures were little changed Tuesday with both the S&P 500 and the Nasdaq Composite on track to open near record highs.

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Makeup firm Revolution Beauty plans share sale

The move comes eight years after the firm behind brands such as Makeup Revolution was founded.

from BBC News - Business https://ift.tt/364mxE8

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Charities say energy choice needed in poorer homes

People with prepayment meters should get priority for new, money-saving energy technology, charities say.

from BBC News - Business https://ift.tt/3qwwAeE

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Firms urged to give staff time off for England game

Sir Keir Starmer says workers should be allowed to finish work early to watch England play Germany.

from BBC News - Business https://ift.tt/35YUYMD

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Brewdog: Watchdog urged to probe 'solid gold can' prize

The brewery company could be in hot water as winners dispute the value of the "solid gold" beer cans.

from BBC News - Business https://ift.tt/3jpG5Lh

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United Airlines orders 270 Boeing, Airbus jets

United Airlines orders 270 Boeing, Airbus jets



United Airlines on Tuesday unveiled its largest ever order for 270 Boeing and Airbus jets worth more than $30 billion at list prices as it seeks to grow domestically after the pandemic.

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Bitcoin prices pierce $35,000 in overnight trading

Bitcoin prices pierce $35,000 in overnight trading



Bitcoin prices rose for the second straight day Tuesday, Coindesk reported, in part due to news Morgan Stanley bought 28,289 shares of Grayscale Bitcoin Trust through its Europe Opportunity Fund, according to an SEC filing.

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Elon Musk negotiating on his birthday with author Walter Isaacson about writing his biography: Sources

Elon Musk negotiating on his birthday with author Walter Isaacson about writing his biography: Sources



Sources tell FOX Business' Charlie Gasparino that Isaacson is in preliminary talks with Musk over possible biography of Tesla, SpaceX founder

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GAO urges NASA to step up cybersecurity efforts

GAO urges NASA to step up cybersecurity efforts



NASA's Office of the Inspector General warned in a May report that "attempts to steal critical information are increasing in both complexity and severity," with phishing attempts against NASA doubling and malware attacks increasing "exponentially" during the COVID-19 pandemic.

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McConnell blasts Dems' infrastructure strategy, accuses Schumer, Pelosi of holding bipartisan deal ‘hostage’

McConnell blasts Dems' infrastructure strategy, accuses Schumer, Pelosi of holding bipartisan deal ‘hostage’



Senate Minority Leader Mitch McConnell on Monday ripped Democratic leaders for trying to push a bipartisan infrastructure package through Congress in tandem with a sweeping, multitrillion-dollar reconciliation bill that would dramatically expand the social safety net and fight climate change.

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Beachbody goes public through SPAC

Beachbody goes public through SPAC



Beachbody Company Inc. swung between gains and losses Monday after going public through a special purpose acquisition company, or SPAC.

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UBS plans hybrid work model for two-thirds of employees

UBS plans hybrid work model for two-thirds of employees



UBS Group AG will permanently allow up to two-thirds of its employees to utilize a hybrid schedule that includes both working at home and going into the office.

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Nevada Sheriff running for governor because he believes state is heading in ‘wrong direction’

Nevada Sheriff running for governor because he believes state is heading in ‘wrong direction’



Nevada Sheriff Joe Lombardo joined "Varney & Co." to announce his run for governor.

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AOC warns Biden about compromising on infrastructure package: 'This is our one big shot'

AOC warns Biden about compromising on infrastructure package: 'This is our one big shot'



Rep. Alexandria Ocasio-Cortez cautioned President Biden against compromising on a bipartisan infrastructure package, calling on the White House to avoid being "limited by Republicans" on the size and scope of the next economic spending bill.

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Biden admin ‘systematically trying to destroy our immigration system’ and now they must 'fix it': Arizona AG

Biden admin ‘systematically trying to destroy our immigration system’ and now they must 'fix it': Arizona AG



Arizona Attorney General Mark Brnovich argued on “Mornings with Maria” Monday that the Biden administration created and exasperated the “chaos” at the southern border “and now it’s up to them fix it.”

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Illinois father speaks out against critical race theory: It's a 'complete lie'

Illinois father speaks out against critical race theory: It's a 'complete lie'



As critical race theory gains momentum in schools around the country, calls for the controversial curriculum to be banned grow as well. Ty Smith, a father in Illinois and an outspoken conservative YouTuber, took a firm stance against CRT on 'Varney & Co.' Monday.

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Rising violence a ‘big problem’ for Democrats: Lee Carter

Rising violence a ‘big problem’ for Democrats: Lee Carter



Pollster and Maslansky + Partners President Lee Carter weighs in on the violence U.S. cities saw this past weekend.

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Juul to pay $40m in US lawsuit over teen targeting claims

The e-cigarette company will pay $40m (£29m) to North Carolina and will change its marketing in-state.

from BBC News - Business https://ift.tt/3qx4tfl

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25-year-old’s self-driving tech company going public via $5.2B SPAC

25-year-old’s self-driving tech company going public via $5.2B SPAC



Embark Trucks CEO and co-founder Alex Rodrigues shares information about his company and why he’s chosen to go public via a SPAC.

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Digital pay system Payoneer public on NASDAQ today: Payoneer CEO

Digital pay system Payoneer public on NASDAQ today: Payoneer CEO



Payoneer CEO Scott Galit explains his business-focused digital payment system as it becomes public on the NASDAQ.

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Doximity, known as ‘LinkedIn for doctors,’ explained by largest investor

Doximity, known as ‘LinkedIn for doctors,’ explained by largest investor



Doximity's largest investor Kevin Spain discusses the revenue and tech of the newly public company.

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McCarthy unveils plans to hold Big Tech accountable and 'stop the bias'

McCarthy unveils plans to hold Big Tech accountable and 'stop the bias'



House Minority Leader Rep. Kevin McCarthy, R-Calif., unveiled plans over the weekend to hold big tech companies accountable for what he described as "conservative censorship" and anticompetitive practices.

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As AMC CEO touts record box office weekend retail investors question need for new stock

As AMC CEO touts record box office weekend retail investors question need for new stock



AMC CEO Adam Aron is bragging about a record weekend at the Box Office but the theater chain is not out of the woods yet.

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Fox Business Flash top headlines for June 28

Fox Business Flash top headlines for June 28



Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com.

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United Airlines closes in on $30B post-pandemic jet order

United Airlines closes in on $30B post-pandemic jet order



United Airlines was putting the finishing touches on Monday to an airplane order potentially worth $30 billion at list values for up to 270 narrow-body jets in a bid to secure a pandemic recovery at favorable prices, industry sources said.

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US stock ownership nears record, will keep climbing

US stock ownership nears record, will keep climbing



U.S. stocks look to be the hottest investment in town, and that popularity shows no signs of slowing down this year.

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