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Caterpillar makes policy changes in yet another corporate DEI rollback

Heavy equipment maker Caterpillar is making changes after reviewing its diversity, equity and inclusion (DEI) policies amid mounting scrutiny of such initiatives at corporations around the country. A memo sent by Caterpillar executives to the company’s employees that was reviewed by FOX Business explained that the DEI changes include requiring that all corporate training be oriented

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Ford recalls 144,500 Maverick trucks due to rearview camera display issue

Ford is recalling about 144,500 of its Maverick pickup trucks over concerns that the rearview camera display could show a frozen image while backing up. The recalled 2022-2024 model year Maverick trucks have “Connected Touch Radios,” according to a Sept. 13 recall report submitted to the National Highway Traffic Safety Administration (NHTSA). In the report, Ford

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Boeing strike costs set to soar if labor dispute drags on

Boeing’s rough year got even worse last week when some 33,000 of its unionized workers went on strike, and the work stoppage is expected to cost the beleaguered aerospace company dearly if it extends for too long. Since Boeing workers represented by the International Association of Machinists and Aerospace Workers’ Union (IAM) walked off the

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Dow hits 42,000 for first time in Fed fueled run

It’s a September to remember courtesy of the Federal Reserve, which delivered a super-sized rate cut for investors on Wednesday.  The Dow Jones Industrial Average jumped over 500 points, closing above 42,000 for the first time. It took just 45 days since the last 1,000-point milestone, as tracked by Dow Jones Market Data Group.  THE

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Uber to provide delivery for Olive Garden in new partnership

Darden Restaurants will start delivering Olive Garden food via Uber later this year. The corporate parent of the Italian chain and other restaurant brands said Thursday that it will do that as part of an “exclusive multi-year” delivery partnership it now has with Uber. The deal “will enable restaurant guests to order on-demand delivery via

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Trump visits crypto-themed bar in NYC

Former President Trump visited a cryptocurrency-themed bar in Manhattan on Wednesday evening during a campaign stop, just days after unveiling a new crypto venture. While at the PubKey, the Republican presidential nominee used bitcoin to pay for burgers that he bought for those in attendance. The bill was more than $900, according to The Wall

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Crypto advocacy group mobilizes 100,000 voters as Election Day nears

With just 48 days to go until the presidential election, bipartisan digital asset advocacy group Stand With Crypto is celebrating registering more than 100,000 pro-crypto voters across five key swing states in September, FOX Business has learned. To mark the milestone, the nonprofit will host its second annual “Stand With Crypto Day” on Wednesday in

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Elon Musk says SpaceX will sue FAA for ‘regulatory overreach’

Elon Musk said on Tuesday that SpaceX will file a lawsuit against the Federal Aviation Administration (FAA), accusing the agency of “regulatory overreach.” “SpaceX will be filing suit against the FAA for regulatory overreach,” Musk said in a post on X. The tech billionaire’s comments came after the FAA proposed fines of $633,000 against SpaceX

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Decades-old kitchen staple company Tupperware files for bankruptcy

Tupperware Brands Corporation has filed for bankruptcy, just months after the iconic American food storage container maker shuttered its last remaining plant in the U.S. amid financial woes. The company formally announced its voluntary decision to initiate Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware on Tuesday.  The company listed

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Trump Media shares slip after second assassination attempt on former president

Shares of Trump Media and Technology Group fell in choppy action on Monday, a day after another would-be assassin made an attempt on the life of former President Trump, who is the majority shareholder. The stock was down nearly 4% at $17.30 per share in afternoon trade. The slump comes after shares of Trump Media,

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