Lockheed Martin announced Monday that the U.S. Army had awarded it a contract worth nearly $5 billion to produce its next-generation long-range precision strike missile. The contract is worth up to $4.94 billion and will see Lockheed Martin provide Precision Strike Missiles (PrSM) to the Army, which views the weaponry as the successor to the Army

Dollar Tree is selling its Family Dollar business as the discount chain store tries to turn around its mounting losses under a new leader.  Dollar Tree agreed to sell its Family Dollar business to private equity firms Brigade Capital Management and Macellum Capital Management for roughly $1 billion, the company announced during its fourth-quarter earnings

A U.S. judge on Tuesday abruptly set a June 23 trial date in the Justice Department’s criminal fraud case against Boeing stemming from the planemaker’s alleged misrepresentations to U.S. regulators about a key system on the 737 MAX. In July, Boeing agreed to plead guilty to a criminal fraud conspiracy charge after two fatal 737

Trump Media & Technology Group announced Monday that it’s partnering with Crypto.com to launch exchange-traded funds (ETFs) and other products through its Truth.Fi brand. President Donald Trump’s media company will offer the ETFs through Crypto.com’s broker-dealer Foris Capital, which will include digital assets and securities with a “Made in America focus” across a variety of industries, including

United Airlines announced Monday that it’s increasing the fees on its rewards cards that allow access to its airport lounges and offering new perks to cardholders. The cost of an individual United Club membership is being increased from $650 or 85,000 reward miles to $750 or 94,000 miles a year. Only the passholder will be

Herriman, UTAH – The demand for copper in the U.S. is set to double in the next 10 years – but the nation lacks the production to meet that demand unless steps are taken to ease restrictions on new mines.  President Donald Trump hopes to change this after signing an executive order on Thursday to

Boeing caught a break this week with two pieces of good news that sent its stock up more than 10% over the past five days. The U.S. Air Force on Friday selected the aerospace giant to build and deliver its next suite of fighter jets, beating out other top aerospace companies, namely Lockheed Martin. The

Wall Street titan JPMorgan Chase is making changes to its diversity, equity and inclusion (DEI) program as part of ongoing reforms the bank has been making to keep up with the market and current laws, according to a memo seen by FOX Business. JPMorgan Chase Chief Operating Officer Jenn Piepszak told employees in the Friday

A shareholder proposal seeking for Disney to reconsider participating in the Human Rights Campaign’s (HRC) corporate equality index went up for a vote on Thursday at the entertainment giant’s annual meeting – and stockholders widely voted against it.  Disney has long been a participant in the corporate equality index that the HRC describes as a