Trump admin pulls plug on $4B for California's 'train to nowhere' project
U.S. Transportation Department cancels $4 billion for California's high-speed rail after review found zero miles of track laid in 10 years and ballooning costs.
Airlines scramble to check Boeing jets after investigation reveals potential reason for Air India plane crash
International airlines from South Korea and India are preparing to inspect its Boeing fleets following findings from the Air India crash investigation.
Doomed Air India flight lost engine fuel mid-flight, cockpit chaos revealed in report
Cockpit recordings from the Air India crash reveal pilot confusion after fuel cutoff switches mysteriously flipped during takeoff, causing engines to lose power in the disaster.
FOX Business Briefs 7/10
Delta’s upbeat outlook dimmed by economic turbulence; Costco sales jumped in June; Volkswagen’s EV bus is a flop; FIFA opens office in Trump Tower; MLB to use robot umpires during All-Star game on FOX.
Challenges loom for trucking industry with end of Trump's tariff pause
President Trump’s 90-day pause on tariffs could be ending early this month. For truckers at Southern California’s ports, that could mean even more economic uncertainty.
Airline giants rally behind Trump admin's 'critical' plan to overhaul outdated air traffic systems
US airline CEOs support $12.5 billion air traffic control overhaul in the "One Big Beautiful Bill Act," as Secretary Duffy pushes for modernization to improve safety
NTSB Chairman says there's only one reason why Alaska Airlines flight avoided catastrophe following door blowout
NTSB Chairman Jennifer Homendy said on Tuesday that the Alaska Airlines door blowout incident in January 2024 was caused by "multiple system failures," adding that the crew was the sole reason why the aircraft avoided complete catastrophe.
Federal judge orders Trump admin to release EV funds signed by Biden to states
A judge said President Trump exceeded constitutional authority by freezing former President Joe Biden's $5 billion electric vehicle infrastructure program.
NTSB issues urgent safety bulletin about engines found in some Boeing 737 Max jets
The National Transportation Safety Board warned that certain CFM engines installed in some Boeing 737 Max jets may feed smoke into the cockpit or cabin after a bird strike.
Judge blocks Trump admin's move to withhold certain federal funding from Denver
A federal judge moved to grant a preliminary injunction blocking the Trump administration from pulling federal grants from local governments that did not meet certain conditions.
Elon Musk's return drives Tesla stock surge in May
Tesla's stock just wrapped its best month since November 2024, as investors embrace Elon Musk's return to the EV maker after rocky DOGE stint.
General Motors is investing in America, CEO says
General Motors Chair and CEO Mary Barra discusses the impact of auto tariffs and building the business on 'The Claman Countdown.'
The Grain Belt Express is a 'sign of system failure,' AG Andrew Bailey says
Missouri Attorney General Andrew Bailey explains why the multi-state infrastructure project should have never been approved, talks legislative needs to meet energy demands and restoring trust in federal agencies.
Passenger attempts to open plane door mid-flight while experiencing in medical crisis
A plane bound for Houston was diverted to Seattle after a passenger allegedly attempted to open an emergency exit mid-flight. (via KRIV)
Dem lawmakers demand DOJ to not let Boeing escape criminal prosecution related to fatal 737 MAX crashes
Sens. Elizabeth Warren and Richard Blumenthal urged the DOJ to criminally prosecute Boeing in a fraud case over two deadly 737 MAX crashes.
Supersonic flight ban is one of the 'stupidest regulations ever,' CEO says
Boom Supersonic CEO Blake Scholl discusses the push to repeal the ban on supersonic flights in the U.S. on 'Making Money.'
Chaos at Newark airport is a 'proxy for what's going on everywhere around the world': Real SLX founder
Real SLX founder and Chairman Kenny Dichter breaks down the impact on private aviation amid airport chaos and tariffs as well as an outlook on the industry.
FAA slashes Newark airport flights amid mounting delays, disruptions
The FAA said it is reducing flight operations at Newark Airport due to equipment outages, staffing shortages and runway construction in order to alleviate delays and congestion.
Passenger jet aborted takeoff to avoid crash at New York's LaGuardia Airport
Federal officials are investigating after a Republic Airways jet was forced to abort its takeoff to avoid a collision with a United Airlines plane at LaGuardia Airport.
Newark airport hit with fourth outage in less than a month
FOX Business' Grady Trimble has the details from Capitol Hill on 'Mornings with Maria.'