Domestic oil production currently thrives, but the Biden administration fights it
The U.S. has dominated global oil production for six consecutive years, but one analyst points to indications that the boom could be over due to regulatory crackdowns.
Biden regulations, expired tax incentives weigh on manufacturers
The NAM survey of manufacturers found that companies are burdened by the cost and complexity of President Biden's regulations and expired tax incentives ahead of the State of the Union.
EVs may make air dirtier than gas-powered cars as California pushes new mandates: study
Electric vehicle mandates like what California has proposed by seeking to ban sales of new gas-powered cars in 2035 may undercut green goals, an environmental lawyer warns.
FAA audit hits Boeing 737 Max production over quality control issues
The Federal Aviation Administration announced that its audit of Boeing's 737 Max production process had quality control and "non-compliance issues" the aerospace giant must address.
GOP senators question FDA over official's 'alarming remarks . . . encouraging racial bias in hiring'
Sen. Mike Lee is demanding answers from the Food and Drug Administration over comments made by its principal deputy commissioner "encouraging racial bias in hiring and promotions."
Gemini crypto exchange to return $1.1 billion to consumers, pay fine in regulatory settlement
Gemini Trust Company, a cryptocurrency exchange founded by Cameron and Tyler Winklevoss, will return $1.1 billion to customers of its now-defunct Earn loan program in a settlement.
Boeing management, employees had 'disconnect' on safety, panel finds
An expert panel appointed by the FAA to review Boeing's safety management processes noted a lack of awareness of safety metrics and other inadequacies in its safety culture.
Warren Buffett blasts government regulations in annual letter
Berkshire Hathaway founder and CEO Warren Buffett bemoaned the impact of federal regulations on two of the investment conglomerate's ventures in his annual shareholder letter.
Capital One's purchase of Discover faces political and regulatory hurdles
Capital One's proposed purchase of Discover Financial is expected to face pushback from regulators, who are already being pressured by lawmakers to block the deal.
One Biden manufacturing regulation could wipe out up to 1 million jobs, business leader says
A newly finalized air quality regulation from President Biden's EPA could cost the U.S. economy up to 1 million jobs, according to the National Association of Manufacturers.
Small businesses are about to get hit with more regulations, House committee warns
The Biden administration has implemented 774 final rules costing over $450 billion, saddling businesses with over 286 million paperwork hours.
Boeing to stabilize 737 production later this year, exec says
Boeing plans to stabilize production rates for 737 airliners later this year after the aerospace manufacturer has had to periodically pause the line to address quality issues.
Judge enforces subpoena for Elon Musk to testify before SEC regarding purchase of X platform, formerly Twitter
A California federal judge ruled Saturday that Elon Musk must comply with an SEC subpoena to testify in the agency's probe of his $44 billion Twitter purchase.
Duke Energy removes CCP-tied batteries from green energy project at Marine Corps base: report
Duke Energy will remove batteries manufactured by CATL, a Chinese company with CCP ties, from a solar array project at Camp Lejeune in North Carolina.
Airline says Boeing is in 'last chance saloon,' cites ‘progressive decline’ in manufacturing
An executive for UAE-based Emirates airline warned that Boeing must restore confidence in the safety of its aircraft and manufacturing processes after a 737 Max 9 lost its door plug.
Should businesses disclose their use of AI? Most Americans say yes
A majority of U.S. consumers say businesses should be required to disclose their use of artificial intelligence tools, especially in certain industries like health care.
Alaska Airlines begins preliminary inspections on its grounded Boeing 737 Max 9 fleet
Alaska Airlines began preliminary inspections on a group of its Boeing 737 Max 9 aircraft after the Jan. 5 incident in which a door plug panel blew off an airliner in midair.
Republican states unleash effort opposing SEC climate rule creating new type of company
FIRST ON FOX: Nearly two dozen Republican-led states are joining forces to oppose a Biden administration proposal aiming to create a new corporate taxonomy for environmentalists.
Latest 737 MAX incident creates more headaches for Boeing
Boeing is dealing with a new headache involving the 737 MAX after a MAX 9 aircraft had a plug door blow off in mid-air in the latest setback for the aircraft.
United Airlines discovers loose bolts on its Boeing 737 MAX 9 planes after Alaska Airlines incident
United Airlines found loose bolts in its Boeing 737 MAX 9 planes, as the aircraft model continues to be scrutinized amid the Alaska Airlines emergency landing incident.