FedEx says ‘weakness in global trade’ impacting business in fiscal 2020

FedEx sues US Commerce Department over restrictions on Huawei Fox News senior judicial analyst Judge Andrew Napolitano reacts to FedEx’s lawsuit against the U.S. government. Global delivery company FedEx warned Tuesday that "macroeconomic weakness and trade uncertainty" could hurt its fiscal 2020 performance. Continue Reading Below The cautious outlook came as the Memphis, Tennessee, corporation reported revenue for the fourth quarter, […]

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Airbus, in blow to Boeing, to launch new long-range jet

Boeing CEO acknowledges ‘mistakes’ in communication over 737 Max safety light malfunction Fox News senior judicial analyst Judge Andrew Napolitano with the latest on the fallout from the crashes of two Boeing 737 Max 8 jets. Airbus SE will manufacture a new long-range, single-aisle jetliner, the company announced on Monday, creating an opportunity for carriers in markets where demand for international […]

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Agency: Safeguards failed in fire that killed 5 at gas well

The failure of safety devices designed to prevent blowouts contributed to an explosion and fire that killed five workers last year at a southeastern Oklahoma natural gas well, according to a federal agency's report Wednesday that also lists inadequate training and a deactivated alarm system as factors. The report by the U.S. Chemical Safety and Hazard Investigation Board says the […]

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Fatal helicopter crash in New York City renews call for stricter flight restrictions

Helicopter crash on NYC skyscraper roof kills pilot FOX Business’ Jackie DeAngelis reports from the scene in the midtown Manhattan section of New York City as a helicopter crashes into high-rise building. A fatal helicopter crash on top of a New York skyscraper Monday renewed a congresswoman's call for stricter flight restrictions over Manhattan — and it could have implications on private […]

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West Point cadet killed, 22 injured during training exercise near military academy

An ambulance pulls out onto Route 293 in West Point, New York, near where a vehicle carrying USMA personnel crashed during a training exercise Thursday morning, June 6, 2019. (Photo: Seth Harrison/The Journal News) WEST POINT, N.Y. — A West Point cadet was killed and 20 cadets and two soldiers injured Thursday when a tactical vehicle overturned on a dirt road during a […]

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3 Stocks to Watch in June

June is a typically slow month for the stock market. Earnings season has come and gone, and the average American has their mind on summer vacation rather than their 401(k). Still, market news never stops, and recent months have been chock-full of fodder, including a slew of IPOs, trade tensions with China, and musings that the Federal Reserve could actually […]

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Austria swears in first female chancellor, pledges stability

Austrian Chancellor Brigitte Bierlein speaks after an inauguration ceremony at Hofburg palace in Vienna, Austria, Monday, June 3, 2019. (AP Photo/Ronald Zak) Austria swore in its first female chancellor Monday at the head of an interim government that will serve until after an election expected in September. Continue Reading Below The 69-year-old Brigitte Bierlein, previously the head of Austria's top […]

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