RIO DE JANEIRO, September 25 (IPS) - Wind and solar power sources, essential for the energy transition to mitigate the climate crisis, have become a risk of power outages in Brazil.
Read the full story, “An Overdose of Renewables, New Energy Risk in Brazil”, on globalissues.org →
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KAMPALA, September 25 (IPS) - Every Last week of September the Deaf community in Uganda and the rest of the world celebrates sign languages and the rich identity of Deaf people and Deaf culture. The day is also an opportunity to advocate for the enforcement of sign language laws and policies.
https://www.globalissues.org/news/2025/09/25/41144 {"url":"https://static.globalissues.org/ips/2025/09/signlanguageuganda-100x100.jpg"}
ADDIS ABABA, September 25 (IPS) - At the Second Africa Climate Summit (ACS2) held in Addis Ababa, Ethiopia, from 8-10 September, African leaders committed to the climate and health nexus and their desire to advance climate-resilient and adaptive health systems on the continent.
https://www.globalissues.org/news/2025/09/25/41139 {"url":"https://static.globalissues.org/ips/2025/09/Ministerial-event-correct-100x100.jpeg"}
NAIROBI, September 25 (IPS) - The 2025 State of Food Security and Nutrition in the World (SOFI) report shows a modest global decline in hunger since 2022, with 673 million people facing hunger in 2024, indicating a decrease of 22 million compared to 2022. While progress is seen in Asia and South America, hunger is rising in Africa and Western Asia.
https://www.globalissues.org/news/2025/09/25/41140 {"url":"https://static.globalissues.org/ips/2025/09/Global-hunger-100x100.jpeg"}
The explosive growth of AI tools around the world has yet to be matched by effective, internationally agreed rules on how this powerful technology is governed. A high-profile event at UN Headquarters on Thursday is designed to bring effective global AI governance a step closer to reality.
https://www.globalissues.org/news/2025/09/25/41137 {"url":"https://global.unitednations.entermediadb.net/assets/mediadb/services/module/asset/downloads/preset/Collections/Embargoed/31-05-2024-UN-News-AI-03.jpg/image100x100cropped.jpg"}
VICTORIA, September 24 (IPS) - Like so many problems besetting the world, the existential threats facing small island states are all too obvious. Island nations are surrounded by the sea, and they depend on it for their livelihood and for their security. The sheer power of the sea can never be tamed but islanders have learnt to work with it and in doing so, there has always been a productive balance. But this balance, however, has been cast aside – the relationship has broken down. Our mighty ocean is in poor shape.
Read the full story, “Saving the Ocean – Act Now!”, on globalissues.org →
https://www.globalissues.org/news/2025/09/24/41123 {"url":"https://static.globalissues.org/ips/2025/09/island-nations.png"}
DAR ES SALAAM, Tanzania , September 24 (IPS) - On a hot afternoon in Kariakoo, Dar es Salaam’s bustling commercial hub, the air is a swirling mix of diesel exhaust, charcoal smoke and dust kicked up by the shuffle of feet. Traders tie handkerchiefs over their noses to deter haze from drifting into their throats and lungs.
https://www.globalissues.org/news/2025/09/24/41121 {"url":"https://static.globalissues.org/ips/2025/09/Dar-es-Salaam-pollution-100x100.jpg"}
NEW DELHI, September 24 (IPS) - As the climate crisis intensifies, long-term adaptation strategies have become urgent. Among the most effective nature-based solutions are mangroves—resilient coastal forests that protect communities, preserve biodiversity, and capture carbon.
https://www.globalissues.org/news/2025/09/24/41122 {"url":"https://static.globalissues.org/ips/2025/09/India-mangroves-100x100.jpg"}
Global maritime trade is entering a period of fragile growth, rising costs and mounting uncertainty, the UN trade and development body (UNCTAD) warned on Wednesday.
https://www.globalissues.org/news/2025/09/24/41130 {"url":"https://global.unitednations.entermediadb.net/assets/mediadb/services/module/asset/downloads/preset/Collections/Embargoed/05-08-2025_UN-News_New-York-02.jpg/image100x100cropped.jpg"}The words inclusivity, resilience, reforms – and many more coloured in green and blue – provided a bold, digital backdrop from artist Marsha Dunn for the first ever Biennial Summit for a Sustainable, Inclusive and Resilient Global Economy.
https://www.globalissues.org/news/2025/09/24/41135 {}Gen Z is facing a financial reality check, as credit repair experts warn that pandemic spending, student loan delinquencies and poor money habits have left young Americans vulnerable to a lifetime of higher costs and fewer choices.
"It's not fun, it's not glamorous," New York-based credit expert Micah Smith told Fox News Digital. "We say, if you do what is hard, your life will be easy. If you do what is easy, your life will be hard."
Last week, the inaugural FICO Score Credit Insights Report found that Gen Z borrowers took the biggest credit hit of any age group this year, with their average FICO scores slipping to 676 — well below the national average of 715.
"I really was so disheartened when the information came out that Gen Z, the generation that is coming up, is going to essentially help our country move in the way that it's supposed to move… saw this catastrophic drop," Smith said. "Once the credit scores drop, it's like this snowball effect. Because what it does is, it impacts everything you do moving forward."
EXPERT WARNS OF LOOMING CREDIT ‘CATASTROPHE’ THAT COULD WRECK YOUR SCORE IN 2025
Gen Z’s 676 average credit score marked the largest year-over-year decrease for any age group since 2020. FICO also noted that Gen Z is 1.5 times more likely to be aware of their credit and how it works.
"With these scores that are so low at such a young age… it really hurts the foundation and the platform that, essentially, they should be trying to build off of," Smith reacted. "It's going to not just cost them now, it's going to cost them up to seven years from now or even longer if they don't do something about it."
Younger consumers often have "thin files" when it comes to credit history, making them more vulnerable to lasting damage. Smith also argued the pandemic taught unhealthy financial habits: deferred payments, "free money" and a false sense of no consequences.
"[COVID] groomed people to think and to act a certain way… unrealistic expectations were put into our subconscious, which is free money, free money, payments deferred," she said, contrasting Gen Z with older generations who lived more cautiously. "Consistency is more key than these big things, these shiny objects, like chasing the influencer dream or chasing the get-rich-quick types of schemes."
After prolonged student loan payment deferments ended in May, many Gen Z college students faced rising education costs and a weak job market. Across all age demographics, 42.7 million borrowers owe more than $1.6 trillion in student debt, according to the U.S. Department of Education.
"When you miss one payment on a student loan, you miss multiple payments… student loans have a very unique way of reporting… they don't report you 30 days late, they don't report you 60 days late, they go straight into 90," Smith explained.
"Six and a half million people… missed their payments this year. And that single-handedly was, actually, the reason for the actual national average credit score dropping for the second year in a row."
Regardless of age, Smith emphasized the real-world cost of a low credit score, noting that payment history makes up 35% of a FICO rating.
"At a 676 credit score, let's say you took out a $300,000 loan… that's gonna cost you an additional $300 a month just on the mortgage… a $20,000 car loan, that's gonna cost you an extra $48 a month. Utilities, it's gonna cost you an additional $300 deposit… Your car insurance is also gonna cost you an extra $50 a month," the expert said. "Just over 10 years… that is going to cost you $63,480. That's just interest.
"How bad could [a missed payment] be? Worst case scenario is it drops 180 points and your score dips for seven years," she said. "Make sure you understand the importance of your payment history. Do whatever you have to do to pay your bills on time and nix any unnecessary spending that you can."
Still, Smith noted that mistakes can be fixed and strong habits can reverse the damage.
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"Everything has the potential to be fixed… [but] you cannot outwork bad habits," Smith said. "You cannot out-earn bad habits, it will always rear its ugly head."
"Money is a tool, and that's all that it is… It's not going to change who you are… Money amplifies who you are already," she continued. "And so if we implement good habits now, when we have more, then our lives are just going to be blessed even more."
https://www.foxbusiness.com/media/gen-z-faces-harsh-financial-reality-credit-scores-plunge-dangerous-record-lows-across-americaBrown University will slash 48 jobs and eliminate 55 openings following federal pressure and a student’s exposé of Ivy League bloat.
"The layoffs at Brown prove that the message of Bloat@Brown has been true all along: many of these administrators were unnecessary in the first place," Alex Shieh, a former student at Brown University, told Fox News Digital in a statement.
On Monday, Brown announced that it will lay off 48 positions and cut 55 unfilled budgeted positions, which the school said "will no longer be pursued following the end of Brown’s hiring freeze."
HARVARD KENNEDY SCHOOL ANNOUNCES LAYOFFS AFTER TRUMP CUTS BILLIONS IN FUNDING
Shieh, a former student at Brown who was cleared of wrongdoing by the university in May, had previously angered officials by sending a DOGE-like email to non-faculty employees identifying himself as a journalist for The Brown Spectator and asking them what they do all day to try to determine why the school's tuition has gotten so expensive.
The Brown Spectator, a right-leaning publication which has a board of three people, including Shieh, was revived this year after it ceased publication in 2014.
The board members faced a disciplinary hearing on May 7 over allegations that they violated Brown University’s name, licensing and trademark policies.
Shieh and the Spectator came under scrutiny after he reviewed 3,805 non-faculty employees at Brown and emailed them asking, "What do you do all day?" in an effort to identify redundant positions.
"In recent years, Ivy League colleges have morphed into a bloated ‘educational industrial complex’ run by self-dealing administrators who charge families record tuition and divert the money to layers of staff that add little to the classroom," Shieh told Fox News Digital. "The result has been an Ivy League that masquerades as a meritocracy while in reality predominately serving the richest Americans who can afford the $93,064 costs and fees."
Shieh, who told Fox News Digital that he dropped out of Brown and wants to remove the perception of the Ivy Leagues as being a gatekeeper to career opportunities and prove "one can be successful without an Ivy League degree, or a college degree at all," said that Brown choosing to pare down on staffing should help students.
"The recent reduction in administrators is a victory for students, particularly those who are struggling to afford the crushing cost of attendance," Shieh said. "But the fact that the bloat has persisted for so long is why Americans no longer trust elite institutions to serve their interests. It’s also why I dropped out of Brown this summer to found a venture-backed startup: to diminish the perception of the Ivy League as a gatekeeper to career opportunities by proving that one can be successful without an Ivy League degree, or a college degree at all."
Shieh testified in June before the House Judiciary Committee about rising costs at elite universities.
A Brown spokesperson said the recently announced staffing cuts were necessary in a statement to Fox News Digital.
"The community message you're citing and the August message that preceded it make the reason for these financial measures very clear: the need to offset expected losses in Brown’s budget from ongoing federal impacts," the spokesperson said. "Those impacts include expected declines in federal research funding, the persisting threat of deep cuts to indirect cost reimbursements for research grants to higher education, and other federal policy changes will affect tuition revenue."
https://www.foxbusiness.com/media/brown-cut-48-jobs-scrap-55-openings-following-federal-pressure-students-expose-ivy-league-bloatBrown University will slash 48 jobs and eliminate 55 openings following federal pressure and a student’s exposé of Ivy League bloat.
"The layoffs at Brown prove that the message of Bloat@Brown has been true all along: many of these administrators were unnecessary in the first place," Alex Shieh, a former student at Brown University, told Fox News Digital in a statement.
On Monday, Brown announced that it will lay off 48 positions and cut 55 unfilled budgeted positions, which the school said "will no longer be pursued following the end of Brown’s hiring freeze."
HARVARD KENNEDY SCHOOL ANNOUNCES LAYOFFS AFTER TRUMP CUTS BILLIONS IN FUNDING
Shieh, a former student at Brown who was cleared of wrongdoing by the university in May, had previously angered officials by sending a DOGE-like email to non-faculty employees identifying himself as a journalist for The Brown Spectator and asking them what they do all day to try to determine why the school's tuition has gotten so expensive.
The Brown Spectator, a right-leaning publication which has a board of three people, including Shieh, was revived this year after it ceased publication in 2014.
The board members faced a disciplinary hearing on May 7 over allegations that they violated Brown University’s name, licensing and trademark policies.
Shieh and the Spectator came under scrutiny after he reviewed 3,805 non-faculty employees at Brown and emailed them asking, "What do you do all day?" in an effort to identify redundant positions.
"In recent years, Ivy League colleges have morphed into a bloated ‘educational industrial complex’ run by self-dealing administrators who charge families record tuition and divert the money to layers of staff that add little to the classroom," Shieh told Fox News Digital. "The result has been an Ivy League that masquerades as a meritocracy while in reality predominately serving the richest Americans who can afford the $93,064 costs and fees."
Shieh, who told Fox News Digital that he dropped out of Brown and wants to remove the perception of the Ivy Leagues as being a gatekeeper to career opportunities and prove "one can be successful without an Ivy League degree, or a college degree at all," said that Brown choosing to pare down on staffing should help students.
"The recent reduction in administrators is a victory for students, particularly those who are struggling to afford the crushing cost of attendance," Shieh said. "But the fact that the bloat has persisted for so long is why Americans no longer trust elite institutions to serve their interests. It’s also why I dropped out of Brown this summer to found a venture-backed startup: to diminish the perception of the Ivy League as a gatekeeper to career opportunities by proving that one can be successful without an Ivy League degree, or a college degree at all."
Shieh testified in June before the House Judiciary Committee about rising costs at elite universities.
A Brown spokesperson said the recently announced staffing cuts were necessary in a statement to Fox News Digital.
"The community message you're citing and the August message that preceded it make the reason for these financial measures very clear: the need to offset expected losses in Brown’s budget from ongoing federal impacts," the spokesperson said. "Those impacts include expected declines in federal research funding, the persisting threat of deep cuts to indirect cost reimbursements for research grants to higher education, and other federal policy changes will affect tuition revenue."
https://www.foxbusiness.com/media/brown-cut-48-jobs-scrap-55-openings-following-federal-pressure-students-expose-ivy-league-bloatNow that fall is here, people are preparing their homes and yards with the colors of the seasons and many Americans are opting for professionals to do the dirty and creative work.
"I normally spend over $200 dollars on pumpkins and every time I pull into my driveway — I hate it," says Jessica Ransom, a mom of two from Charlotte.
This year, Ransom found the "Little Pumpkin Decorators" online and hired them to build a picturesque display on her front porch.
"My kids are older, and they’re really getting into the holidays and Halloween and stuff," says Ransom, "So I was like, okay, I'm going to really try to make it look as holiday-ish as possible."
ARE AMERICANS CUTTING BACK ON HOLIDAY SPENDING?
Pumpkin concierge services are beginning to pop up all over the country, but the trend truly kicked off a few years ago after a Texas pumpkin decorator went viral from posting her work. The owner of Porch Pumpkins, Heather Torres, tells FOX Business her business has grown so much that this year she will decorate more than 1,300 porches in Austin, Dallas and Houston.
Porch Pumpkins was an inspiration for co-founder, Christine Davies of Little Pumpkin Decorators. Davies and Ashley Bunn are only in their second season as fall decorators. Two former corporate moms who decided they wanted to be around their kids more, found this calling of porch decorating.
"It’s an outlet for moms, it’s an extra income if you want it to be, and it just brings people joy," Davies tells FOX Business.
As Americans begin to look at options for decking out their homes with pumpkins and gourds, price could be a factor for some.
COFFEE CRAZE HITS HOME AS MORE AMERICANS EMBRACE IN-HOUSE CAFÉ CULTURE
Pumpkin porch decorators could be a couple of hundred dollars to thousands, which is more than the National Retail Federation expected Americans to pay for Halloween decorations last year. According to their numbers, most Americans expected to spend about $53.88 dollars in 2024, but in total Americans expected to spend $11.6 billion. This year, the NRF expects a record-breaking $13.1 billion to be spent on Halloween.
Some homeowners say the cost is worth a pumpkin holiday display.
"It's so worth the extra money, it's just a mental load thing to not have to worry about that," Ransom tells FOX Business.
Little Pumpkin Decorator co-founder Ashley Bunn says they offer different pumpkin packages to help make the displays more affordable to people.
"Maybe they don’t have the passion or desire to do it, and if cost isn’t an issue or is an issue, we can appeal to both."
Within a few hours, Ransom's front porch was transformed into an autumn wonderland with garland, bows and dozens of pumpkins of all different sizes.
Little Pumpkin Decorators source their pumpkins from local North Carolina farms. After the season is over, Bunn and Davies go back to each home they designed, take down the display and donate the pumpkins to a local farm for animals to eat.
FANS CELEBRATING COSTCO SEASONAL PIE
California-based holiday entrepreneur Brandon Helfer says he gets requests for porch decorating in July.
"It’s very rare you can decorate your home with something that can last for two holidays," Helfer tells FOX Business. "Our pricing can range anywhere from $500 to $10,000 dollars."
Helfer co-owns Mr. Jack O'Lanterns Pumpkins, with locations in California and Florida. Helfer has a pumpkin patch full of family activities and sells wholesale to other designers.
"I do believe our business will go down a little bit on the displays," Helfer says, "but my increase on people that need to buy the pumpkins are blowing up."
Helfer began his business over a decade ago and has become an expert on pumpkins over the years. He says pumpkin displays can last over 5 weeks and will replace pumpkins if they become damaged.
https://www.foxbusiness.com/lifestyle/seasonal-porch-decorators-say-business-taking-off-yearThe $500 billion Stargate project with the aim of giving the U.S. an edge in the artificial intelligence (AI) race is moving forward following the announcement of five new AI data center sites revealed on Tuesday by the companies investing in the project.
OpenAI, Oracle and SoftBank unveiled new data center sites as part of the Stargate project that was first announced in January as part of a $500 billion investment in 10 gigawatts of data center capacity. The five new AI data centers include sites in Shackelford County, Texas; Doña Ana County, New Mexico; a site in the Midwest that will be announced soon; as well as sites in Lordstown, Ohio; and in Milam County, Texas.
FOX Business Network's Madison Alworth spoke with OpenAI CEO Sam Altman at the flagship Stargate campus in Abilene, Texas, where Altman said, "We announced in January that we were going to do a $500 billion project. We're ahead of schedule on that with these sites that we've announced. That will be almost all of it. And we're going to keep expanding like this."
"This is what it takes to make ChatGPT work. You send a query on your phone and it comes up with an answer. You don't think about this, but a lot of people are doing that, and that requires all of this incredible work behind us," Altman explained.
OPENAI ROLLS OUT CHATGPT PARENTAL CONTROLS WITH HELP OF MENTAL HEALTH EXPERTS
Following Tuesday's announcement, OpenAI said the Stargate project has reached more than $400 billion in investment committed over the next three years, which will account for nearly 7 gigawatts of planned capacity, leaving the project on pace to secure the full commitment for $500 billion investment and 10 gigawatts of power capacity by the end of this year.
"The amount of ChatGPT usage has grown more than 10x since the beginning of last year, a lot more. And as we see these models getting more capable, which also takes more compute to get there, there's way more use for them in the economy, people just want way more of this," Altman said.
"When we come walk sites like this and look at the incredible work, the first thing we think is this is awesome, and the second thing we think is we have to figure out how to do much more, faster, better, cheaper to continue to meet what the demand scales will be years from now," he explained.
OPENAI'S SAM ALTMAN SAYS GPT-5 COULD 'SAVE A LOT OF LIVES,' FUEL $100B ENTERPRISE AI BOOM
Altman explained that OpenAI and its partners are weighing how best to serve not only the surging demand for current AI tools, but also how to plan for powering new features and products as those roll out in the future.
"When people complain that ChatGPT is slow or that they don't get as much usage as they want, they don't have enough features – this is what we have to do," Altman added.
"To deliver on that promise, and also to deliver on all the businesses that are now dependent on us and the crazy amount of API demand, the demand for Codex, to say nothing of new features and products we'll be launching, we have to figure out how to keep doing this faster and faster."
NVIDIA TO INVEST UP TO $100B IN OPENAI
The OpenAI co-founder was asked by Alworth about what factors the emerging AI giant looked for in deciding where to build Stargate's new data centers and explained why Texas has become a focal point for such facilities.
"There's a few factors, many of which Texas is phenomenal at. You need a lot of energy availability. You want a favorable regulatory environment that allows construction, fast permits. You need the talent to come build all of this… you need the land obviously," Altman explained. "There's a lot of things together, but Texas has been an unusually good place for us to be doing these projects."
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OpenAI said in its announcement the companies reviewed over 300 proposals from more than 30 states as it worked toward today's site selection, adding that additional sites will be announced as the group of companies completes and surpasses its initial $500 billion AI infrastructure commitment.
FOX Business' Madison Alworth contributed to this report.
https://www.foxbusiness.com/economy/openai-announces-five-new-stargate-data-center-locations-multiple-states-ai-projectDisney on Tuesday announced the latest price increases for its streaming services.
The company began alerting subscribers that the price of select Disney+, Hulu and ESPN streaming plans and bundles would increase next month.
Starting Oct. 21, the company will increase the monthly price of its Disney+ plan with ads by $2 to $11.99 per month, while the no-ads Disney Plus Premium plan will increase by $3 to $18.99 per month. Meanwhile, the company is also boosting the price of some of its bundle options.
The ad-supported bundle of Disney+ and Hulu will increase to $12.99 from $10.99 per month. The Disney+, Hulu and ESPN Select Bundle Premium, which includes ad-free Disney+ and Hulu with ad-supported ESPN+, will increase to $29.99 from $26.99.
AMAZON TO SHUT DOWN STREAMING APP, MOVING CONTENT TO PRIME VIDEO PLATFORM
Notifications about the change started going out on Tuesday. The impending price hikes come as the company also contends with pushback over its handling of "Jimmy Kimmel Live!," which was briefly pulled by Disney following Kimmel's comments about the assassination of conservative activist Charlie Kirk.
The show will return on Tuesday. However, Sinclair and Nexstar announced that they would preempt the show on their affiliate stations.
The price increase, which Disney says is part of the company's regular business process, also comes shortly after Disney launched its ESPN direct-to-consumer streaming service in August, which is aimed at boosting its subscriber base.
AMAZON PRIME MEMBERS BRACE FOR STICK STOCK AS ANALYSTS PREDICT IMMINENT PRICE HIKE
The company launched two plans, including an unlimited option for $29.99 a month that offers access to all ESPN networks, ESPN on ABC, ESPN+ and more than 47,000 live events annually. Customers also had a chance to buy a bundle with Disney+ and Hulu for $29.99 a month for the first year.
Streaming services have continuously upped their subscription prices as competition in the space heats up between Warner Bros. Discovery, which owns Max, CNN, and Discovery Channel; Disney, which owns Disney+, Hulu and ESPN; Amazon, which owns Prime; and Netflix.
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Companies have heavily invested in original content and exclusive deals to bring in more subscribers and gain market share. With many players in the space, platforms have also consolidated streaming services, raised prices, cracked down on password sharing or added ad-supported tiers in order to remain profitable and effectively compete.
https://www.foxbusiness.com/lifestyle/disney-raising-prices-streaming-servicesABC’s "Jimmy Kimmel Live!" won’t be accessible to all viewers even after The Walt Disney Co. reversed course and moved to bring the show back following a brief suspension.
Sinclair Inc., a media company that operates the largest network of local television stations, said that although Kimmel's show will return on Tuesday, it will preempt it on affiliate ABC stations and will air news programming instead.
"Beginning Tuesday night, Sinclair will be preempting ‘Jimmy Kimmel Live!‘ across our ABC affiliate stations and replacing it with news programming," Sinclair said on Monday shortly after Disney announced the show's return.
JIMMY KIMMEL IS BACK: WHAT WAS ABC'S FINANCIAL RISK FOR PULLING THE SHOW?
Nexstar Media Group Inc., announced on Tuesday that it will join Sinclair in continuing to preempt Kimmel's show.
Sinclair's post came within hours of Disney announcing its plans to bring back the late-night host whose show was pulled last week in the wake of comments he made about the assassination of Charlie Kirk. Kirk was shot and killed Sept. 10 while speaking at an event at Utah Valley University.
A Disney spokesperson told Fox News Digital the company made the decision to suspend production on the show "to avoid further inflaming a tense situation at an emotional moment for our country" but that it decided to move forward with producing the show after days of "thoughtful conversations with Jimmy," the spokesperson said.
DISNEY EXECUTIVES MADE DECISION TO PULL 'JIMMY KIMMEL LIVE!' OFF THE AIR AFTER KIRK COMMENTS
What to know about Sinclair:
The company owns, operates or provides service to 185 television stations in 85 markets affiliated with all the major broadcast networks, according to its website. It also owns the Tennis Channel and multicast networks such as Comet, Charge! and The Nest. Its content is delivered through multiple platforms.
Sinclair's roots date back to 1971 when Julian Sinclair Smith founded Sinclair Broadcast Group.
His legacy of entrepreneurship began after launching radio station WFMM on 93.1 on the FM band in Baltimore in 1960, according to the company's website. By the 1970s, he began exploring television and eventually started one of the first UHF television stations, its flagship station in Baltimore, WBFF-TV. That station signed on the air April 11, 1971, as a single TV station and eventually grew into today’s Sinclair Broadcast Group Inc.
ABC BRACES FOR A FINANCIAL HIT AS KIMMEL REMOVAL SHUTS OUT THESE ADVERTISERS
It's second station, WPTT-TV, went live in 1978.
By 1986, Smith and his four sons combined the operations of their three independent UHF television stations under the Sinclair Broadcast Group Inc. entity. They appointed their long-term partner, Robert "Bob" Simmons, as Sinclair’s first CEO.
One of Smith's sons, David, became CEO in 1988, and the company grew from three television stations to 59 stations in 39 markets and 51 radio stations in 10 markets. The company claims it became the largest television broadcaster in the country at the time.
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By 1999, the company offloaded its radio group to strengthen its balance sheet and to focus on its television platform and the roll-out of digital television.
However, the company said the radio group sale had a historic value of about 19 times broadcast cash flow.
Christopher Ripley, the company's current CEO, took over in January 2017, succeeding David Smith.
https://www.foxbusiness.com/lifestyle/what-know-about-sinclair-media-giant-pre-empting-jimmy-kimmel-liveVice President JD Vance reacted to the news that one of the four soldiers killed in a recent military helicopter crash was the son of Mission BBQ co-founder Bill Kraus.
"This is extremely sad. A great company and a great family. May Andrew and all of the soldiers killed rest in peace," Vance noted in a post on X.
Bill Kraus and Steve Newton founded the patriotic restaurant chain that makes a point to honor American service members and first responders, with locations in 23 states.
JD VANCE BLAMES KIRK ASSASSINATION ON ‘LEFT-WING POLITICAL RADICALIZATION’ OF SHOOTER
"We believe there is nothing more American than BBQ. And nobody more American than the brave men and women who have sworn to protect and serve Our Communities and Our Country. We do what we do for the love of our soldiers, firefighters, police officers, first responders—all our loved ones in service," Kraus and Newton explain in a note on the company's website.
Four service members died in an "aircraft mishap" last week on Sept. 17 amid "routine flight training," according to a press release.
FOUR SOLDIERS ABOARD BLACK HAWK THAT CRASHED NEAR JOINT BASE LEWIS-MCCHORD BELIEVED TO BE DEAD: ARMY
The release identifies the individuals as 39-year-old Army Chief Warrant Officer Three Andrew Kraus of Sanibel, Florida; 35-year-old Army Chief Warrant Officer Three Andrew Cully of Sparta, Missouri; 24-year-old Army Sgt. Donavon Scott of Tacoma, Washington; and 23-year-old U.S. Army Sgt. Jadalyn Good of Mount Vernon, Washington.
"It is with the heaviest of hearts that we confirm the loss of four courageous Night Stalkers from the 4th Battalion, 160th Special Operations Aviation Regiment (Airborne), who tragically lost their lives on Sept. 17th during a training mission," Col. Stephen Smith, commander, noted, according to the release.
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Smith called the four soldiers "exceptional warriors" and said they "embodied the unwavering dedication, selflessness, and excellence that define the very spirit of the Army and Army Special Operations. Their sacrifice in service to our nation will forever be etched in our hearts and in the legacy of the Night Stalkers. These heroes were not only elite professionals but also cherished teammates, friends, and family members whose absence leaves an immeasurable void."
https://www.foxbusiness.com/fox-news-military/vance-mourns-mission-bbq-co-founders-son-killed-military-helicopter-crashA group of key Republican lawmakers in the House of Representatives signaled support for the Trump administration's move to allow alternative assets, including cryptocurrencies, in 401(k) plans.
House Financial Services Committee Chairman French Hill, R-Ark., and Subcommittee on Capital Markets Chair Ann Wagner, R-Mo., were joined by seven other GOP lawmakers when they wrote to Securities and Exchange Commission (SEC) Chairman Paul Atkins on Monday to express support for the move.
They said President Donald Trump's executive order on the subject has the potential to enhance Americans' retirement savings and encouraged the SEC to work with the Labor Department in revising relevant regulations to make the investments more accessible.
"We applaud the EO's policy 'that every American preparing for retirement should have access to funds that include investments in alternative assets when the relevant plan fiduciary determines that such access provides an appropriate opportunity… to enhance the net risk-adjusted returns," the lawmakers wrote.
SEC CHAIR WANTS PRIVATE MARKET INVESTMENTS AVAILABLE FOR AMERICANS' 401(K) PLANS
The letter noted that Trump's executive order directs the SEC and Labor Department to determine whether parallel regulatory changes are needed, as well as calling for the SEC to facilitate access to alternative assets for participant-directed defined-contribution retirement savings plans by revising its own regulations.
The GOP lawmakers encouraged the SEC to provide swift assistance to the Labor Department and to make changes to its current regulations and guidance.
TRUMP'S 401(K) EXPANSION ORDER: WHAT NEW INVESTMENTS WILL BE AVAILABLE?
They also included a request that the SEC "review bipartisan legislation being advanced in the 119th Congress concerning accredited investors. We are hopeful that such actions will help the 90 million Americans that are currently restricted from investing in alternative assets to secure a dignified, comfortable retirement."
Last month, Trump signed an executive order opening 401(k) plans to alternative assets, including private market investments, real estate, actively managed investments in digital assets, commodities, infrastructure projects and longevity risk-sharing pools.
TRUMP SIGNS ORDER TO OPEN 401(K)S TO PRIVATE MARKETS: WHAT IT MEANS FOR YOUR RETIREMENT
The Labor Department on Tuesday issued an advisory opinion that concluded lifetime income investment options would meet the agency's requirements as a qualified default investment alternative under the Employee Retirement Income Security Act.
It also rescinded a Biden-era guidance from December 2021 that discouraged fiduciaries from considering alternative assets in 401(k) retirement plan investment menus.
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"The Department of Labor is continuing to take swift steps to implement President Trump’s Executive Order," said Labor Secretary Lori Chavez-DeRemer. "Today’s Advisory Opinion is another step forward towards our goal of giving plan fiduciaries the flexibility to design retirement investment strategies that meet the needs of American workers."
https://www.foxbusiness.com/politics/key-gop-lawmakers-back-trumps-executive-order-crypto-other-alternative-assets-401k-plansSecurities and Exchange Commission (SEC) Paul Atkins said Tuesday that the Trump administration’s plan to open 401(k) retirement accounts to private market investments would give ordinary Americans safe access to opportunities that are currently restricted.
Atkins said that the SEC will work with the Labor Department to broaden access to investments in private funds for ordinary investors who currently wouldn't meet regulatory thresholds that would provide them access.
"Individual investors need to be diversified and the private markets have developed so much because there's a lot of capital available in the private markets," Atkins said Tuesday on FOX Business Network's "Mornings with Maria."
"And frankly, it's uncool to be a public company, or it has become so, and I want to make IPOs great again," Atkins said. "Thirty or so years ago, when I was a young lawyer starting out in New York, companies like Apple and Microsoft – they had to go public to get capital to build their companies and new products."
TRUMP SIGNS ORDER TO OPEN 401(K)S TO PRIVATE MARKETS: WHAT IT MEANS FOR YOUR RETIREMENT
"Today it's [the] opposite. Companies can stay private longer, and there being so many issues in the public markets between litigation and the short-termism that we were talking about before, the weight of the regulatory apparatus on reporting and that sort of thing, compliance," Atkins said.
"Then finally, the weaponization of corporate governance, so those issues have really decreased the attractiveness of being a public company," he said. "We aim to make that better again."
Currently, investments in private companies are limited to people who satisfy the "accredited investor" threshold. The rule aims to protect unsophisticated investors from financial risks associated with investments in private companies, which can be illiquid and aren't subject to public financial reporting requirements.
SENATE CONFIRMS TRUMP'S SEC CHAIR PICK PAUL ATKINS
The rule stipulates that qualified accredited investors must have a net worth over $1 million excluding their primary residence, or income over $200,000 individually (or $300,000 as a couple) in each of the past two years, with the reasonable expectation of the same in the current year.
It also includes professional criteria to satisfy the rule, including investment professionals with Series 7, Series 65, or Series 82 licenses, executives of the company selling the security, or family clients of family offices and knowledgeable employees of a private fund they want to invest in.
Atkins explained that private market investments can help investors diversify their portfolios as public markets become more concentrated, noting the rise of the so-called "Magnificent Seven" stocks that have driven much of the market's gains in recent years.
LABOR SECRETARY UNVEILS UNPRECEDENTED PLAN TO SLASH 63 'OUTDATED AND BURDENSOME' RULES
"We only have half the number of public companies as we had 30 years ago, and if you look at the S&P 500 it's rather top-heavy with respect to the 'Magnificent Seven,'" Atkins said. "What industry are they in? IT basically, technology, and we saw what has happened in the past when the market gets too concentrated."
The SEC chairman noted that work remains to be done in putting up regulatory guardrails for opening private market investments to retail investors before they will be available as options in their retirement plans or other investment accounts.
"The key word here is diversification, and so we have to put in guardrails for retail investors to have exposure to these sorts of investments because they can be illiquid, the valuations can be off," Atkins said. "There are a whole host of things – where the retail investor fits in the capital stack of the company, and then finally what the liquidity is of the investment."
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"We have to put guardrails around them, have 'most favored nation status' for those sorts of investments. Their advisors will obviously have fiduciary duty and that sort of thing. So we'll put the protections in to make sure that we guard against bad outcomes to the extent that we can," Atkins said.
https://www.foxbusiness.com/markets/sec-chair-wants-private-market-investments-available-americans-401k-plansFollowing 25 years of what oil and gas executives categorize as hostility to the industry, the state is now making a play to keep those companies from leaving.
Concerned with the exodus of oil and gas companies, refinery closures and the expensive price of gasoline in the state, California Gov. Gavin Newsom signed legislation last week that fast tracks the approval of 2,000 new wells per year over the next 10 years in Kern County, a significant oil-producing region.
Andy Walz, Chevron's president of Americas products, said during an appearance on FOX Business, "I think it's been a tyranny of about 25 years to get the refining business to leave California."
CHEVRON EXEC EXPLAINS HQ MOVE FROM CALIFORNIA TO TEXAS: ‘TOUGH PLACE TO DO BUSINESS’
Walz told reporters last summer about Chevron's move from California to Texas, saying the company has "been doing that because California is a tough place to do business."
"It's a tough place to recruit people," he said. "It's a tough place to move employees – a lot of our employees move up through the company, they gain experience in different geographies, different locations, and we have a lot of people who will not move to California. That makes it difficult."
FOX Business Network's Lauren Simonetti said Chevron is "not overly optimistic about California's recent charm offensive."
COURT BLOCKS BIDEN'S BAN ON NEW LNG EXPORTS
Californians are paying $4.65 for a gallon of regular gasoline while the national average is $3.17 per gallon, according to AAA.
There are 13 refineries currently in operation in the state. When Valero and Phillips 66 shut down theirs, that number will be down to 11. The state had 40 refineries in 1983.
"Millions of Californians will soon start saving billions on their energy costs," Newsom said in a press release. "We’re stabilizing the state’s gasoline supply to avert severe price spikes at the pump and we’re making it easier to build the abundant clean energy we need to keep bills lower."
Due to the exodus, California has had to rely on foreign sources for three quarters of its oil.
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Gavin Newsom said of the legislation that it "mitigates against future gasoline spikes by stabilizing the production of in-state petroleum and refinery supply and diversifying the state's transportation fuel supply."
https://www.foxbusiness.com/economy/california-trying-keep-oil-gas-firms-from-leaving-stateMore than 85,000 bags of shrimp are being recalled due to concerns that they may have been contaminated with cesium-137 as federal health officials continue to investigate how the radioactive element may have entered the food supply.
Seattle-based AquaStar (USA) Corp recalled approximately 49,920 bags of Kroger Raw Colossal EZ Peel Shrimp, 18,000 bags of Kroger Mercado Cooked Medium Peeled Tail-Off Shrimp and 17,264 bags of AquaStar Raw Peeled Tail-on Shrimp Skewers because they may have been prepared, packed or held under unsanitary conditions, which may have led to their contamination, according to a notice from The U.S. Food and Drug Administration (FDA).
It’s the latest in a string of recalls linked to cesium-137 over the past month that the FDA has been investigating.
FOX Business reached out to Kroger and AquaStar for comment.
COSTCO KIRKLAND BRAND POKE RECALLED NATIONWIDE OVER POSSIBLE LISTERIA CONTAMINATION
Traces of Cs-137, a man-made radioactive form of the element cesium, are widespread and can be present in the environment in small amounts, according to the recall notice posted on Sunday. However, higher levels of it can be found in water or foods grown, raised or produced in areas with environmental contamination.
If someone has long-term repeated low-dose exposure to Cs-137, through consuming contaminated food or water over time, they could be at an elevated risk of cancer stemming from "damage to DNA within living cells of the body," according to the notice.
The latest batch of affected products were sold across more than a dozen supermarkets, including Baker’s, City Market, Dillons, Food 4 Less, Foodsco, Kroger and Fred Meyer, in 31 states between June 12, 2025, and Sept. 17, 2025, according to the notice.
FDA EXPANDS RADIOACTIVE SHRIMP RECALL AMID CONCERNS OVER POSSIBLE CONTAMINATION
The recalled Kroger Raw Colossal EZ Peel Shrimp was packaged in a transparent printed bag with a blue band on the top with yellow and red details. The recalled Kroger Mercado Cooked Medium Peeled Tail-Off Shrimp is packaged in a clear plastic bag and has a white label with green stripes on top of each bag. The recalled AquaStar Raw Peeled Tail-on Shrimp Skewers is packaged in a printed bag with a black top and blue bottom and printed pictures of the skewers inside.
No illnesses have been reported to date.
Meanwhile, the FDA is actively investigating reports of Cs-137 contamination in shipping containers and frozen shrimp products processed in Indonesia.
PT. Bahari Makmur Sejati, doing business as BMS Foods, has been at the center of the FDA's investigation as federal health officials say they "determined that product from PT. Bahari Makmur Sejati violates the Federal Food, Drug, & Cosmetic Act in that it appears to have been prepared, packed, or held under insanitary conditions whereby it may have become contaminated with Cs-137 and may pose a safety concern."
The latest recall comes just weeks after the FDA issued warnings that 26,460 packages of cocktail shrimp and approximately 18,000 bags of Kroger Mercado Cooked Medium Peeled Tail-Off Shrimp are being pulled from shelves due to possible radioactive contamination. A week before that, the FDA issued a do not sell or eat advisory after a shipment of Walmart shrimp tested positive for the radioactive material.
U.S. Customs and Border Protection alerted the FDA about the contamination detected in shipping containers and frozen shrimp products processed in Indonesia. The products were found at four U.S. ports: Los Angeles, Houston, Miami and Savannah, Georgia, according to a news release from the FDA.
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The FDA is working with distributors and retailers who received seafood from PT. Bahari Makmur Sejati after Customs first found traces of Cs-137. While later shipments didn’t test positive, the FDA said it is still recommending recalls out of caution as it determined that the company’s products were handled in unsanitary conditions that may have led to contamination with Cs-137.
FOX Business' Rachel Wolf contributed to this report.
https://www.foxbusiness.com/lifestyle/shrimp-sold-31-states-recalled-over-radioactive-contamination-concernsThe family of the man who died after riding Stardust Racers at Universal Epic Universe last week has retained civil rights attorney Ben Crump.
Kevin Rodríguez Zavala, 32, died on Wednesday from "multiple blunt force injuries," the Orange County medical examiner said, ruling his death accidental. His family is now "seeking full transparency" from the Florida theme park.
"This tragic loss demands a thorough investigation and full transparency," Crump said in a statement.
"A man died after boarding a ride that should have been safe. We will hold all responsible parties to account and fight to ensure Kevin’s family receives the answers and justice they deserve," he concluded.
Meanwhile, Orlando media outlets have obtained a copy of a letter from the resort's president, Karen Irwin, to employees. The letter said one of the park's newest thrill rides was operating normally when Zavala became unresponsive.
"Our internal findings to date confirm that the ride systems functioned as intended, equipment was intact at the ride’s start, throughout the duration of the ride and upon the ride vehicle’s return to the station, and our Team Members followed procedures," the letter, obtained by FOX 35 Orlando, said.
MAN DIES AFTER BECOMING UNRESPONSIVE ON ONE OF UNIVERSAL'S NEWEST RIDES
The Florida Department of Agriculture and Consumer Services has also been investigating the cause of Zavala's death.
"The department’s current findings align with those shared by Universal after monitoring the same tests and reviewing the same information. The investigation is ongoing, and additional information will be released as it becomes available," a statement by the agency to FOX Business said.
The Orange County Sheriff's Office incident report says that Zavala's girlfriend, who was at the theme park with him, told law enforcement that Zavala, who used a wheelchair, had a spinal injury and "was taking [redacted] medication."
Universal Orlando Resort did not immediately respond to a FOX Business inquiry.
Universal Orlando Resort said in a previous statement Thursday that it was "fully committed to cooperating" with the ongoing investigation.
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The dual-launch coaster located in the Celestial Park portion of the theme park, which officially opened on May 22, 2025, remains closed, the Universal app showed on Tuesday.
FOX Business' Elizabeth Pritchett contributed to this report.
https://www.foxbusiness.com/lifestyle/family-hires-prominent-civil-rights-attorney-after-universal-roller-coaster-death
PORTLAND, USA, September 23 (IPS) - Despite anxieties, concerns, and warnings, androids or humanoid robots that rely on generative artificial intelligence (GAI) and advanced robotics are increasingly being integrated into the modern lives of human populations. This integration raises serious challenges regarding humanity’s future in an era where androids are emerging rapidly.
Read the full story, “The Rise of Androids Among Human Populations”, on globalissues.org →
https://www.globalissues.org/news/2025/09/23/41105 {"url":"https://static.globalissues.org/ips/2025/09/androidhuman-100x100.jpg"}CIVICUS discusses Peru’s new amnesty law with Nadia Ramos Serrano, founder and researcher at the Leadership Centre for Women of the Americas, a civil society organisation working on democratic development and the role of women in politics.
https://www.globalissues.org/news/2025/09/23/41104 {"url":"https://static.globalissues.org/ips/2025/09/Nadia-Ramos-Serrano-100x100.jpg"}Nuclear technology company Oklo Inc. broke ground on its Idaho National Laboratory (INL) for its first Aurora powerhouse, ushering in a new era of nuclear energy in the U.S.
Aurora powerhouse, the Aurora-INL, is Oklo Inc.’s flagship advanced nuclear reactor, which is designed to deliver clean, reliable power on a much smaller scale than traditional nuclear plants.
The nuclear tech company is in the midst of developing next-generation fission powerhouses to produce abundant, affordable, clean energy at a global scale. Its mission to do so begins with the Aurora powerhouse, which can produce up to 75MWe of electrical power, according to its website.
NUCLEAR WASTE BEING TRANSFORMED INTO PROMISING CANCER TREATMENT AT FORMER MANHATTAN PROJECT SITE
The company held an event on Monday with Oklo CEO Jacob DeWitte and INL Director John Wagner to commemorate the moment the company broke ground on one of the first commercial-scale advanced nuclear reactors being built in the U.S. in decades.
Several members of Congress, along with Environmental Protection Agency Administrator Lee Zeldin, Nuclear Regulatory Commission (NRC) Commissioner Bradley Crowell, the Energy Department's (DOE) Michael Goff and Robert Boston, and Idaho Falls Mayor Rebecca Casper were in attendance.
Oklo is participating in the DOE’s Reactor Pilot Program, which is designed to speed up the approval and construction of advanced nuclear reactors.
The goal of the program is to have at least three different advanced reactors up and running by July 4, 2026. These reactors will be built outside of government labs to underscore how they can work in real-world, commercial settings.
GOOGLE STRIKES MAJOR NUCLEAR POWER DEAL TO FUEL AI DATA CENTERS WITH 50 MEGAWATT CAPACITY
"This opportunity positions us to build quickly under DOE authorization, then convert to a commercial operating license under the NRC," DeWitte said, adding that the Department of Energy had an "exceptional record of overseeing nuclear systems, starting with the nation’s earliest reactors, and intends to accelerate construction of advanced reactors."
DeWitte credited the NRC with excelling at commercial fleet oversight, saying "their roles are complementary, and together they provide a path to put clean power on the grid sooner and scale responsibly."
The Aurora-INL is a sodium-cooled fast reactor that uses metal fuel. Its design is based on an older reactor, the Experimental Breeder Reactor II, which successfully operated in Idaho for 30 years up until 1994.
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In 2019, the Department of Energy gave Oklo permission to use recycled fuel from that earlier reactor. Since then, Oklo has already cleared two of the four approval steps it needs to start making the fuel for Aurora at its new facility in Idaho.
This project is expected to create approximately 370 jobs during construction. It will also take 70–80 long-term, highly skilled roles to operate the powerhouse and A3F.
https://www.foxbusiness.com/lifestyle/groundbreaking-first-commercial-scale-advanced-nuclear-reactor-decades-begins-idahoReal American Beer (RAB) has collaborated with WWE to honor its co-founder, the late wrestling icon Hulk Hogan.
The first-ever "Hulkamania Forever" collectible 16-ounce can will be available this fall for a limited time, as one of the fastest-growing beers in the United States wants to pay its respects to Hogan.
The can made its global debut on Saturday night at WWE’s Wrestlepalooza, which saw a sold-out crowd at Lucas Oil Stadium in Indianapolis. With a live on-air toast to a Fan Zone takeover in the arena, wrestling fans got to see how Real American Beer is honoring "The Hulkster."
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Chad Bronstein, the co-founder of Real American Beer alongside Hogan, discussed how important it was to the WWE Hall of Famer to "bring people together" – whether in the ring or grabbing a beer together.
WWE LEGEND HULK HOGAN'S REAL AMERICAN BEER LAUNCHES IN WALMART LESS THAN 1 YEAR AFTER LAUNCH
"We’re proud to partner with WWE to create a true tribute to the legendary Hulk Hogan," Bronstein said in a statement to FOX Business. "This campaign brings together two iconic American brands, a collector-tier release, and a national megaphone — it’s a powerful moment for our fans, our partners, and our future."
As part of the activation, WWE and RAB launched the "Hulkamania Sweepstakes," which gives fans a chance at two tickets to "Saturday Night’s Main Event" in Salt Lake City on Nov. 1.
"WWE has one of the most power brands in the world right now, and we’re thrilled to be working together on ‘Hulkamania Forever,’" Terri Francis, CEO of Real American Beer, said in a statement. "This LTO release delivers exactly what retailers want: high demand, built-in fan energy, and a commercial engine to drive velocity at shelf."
Real American Beer has become a top 10 growth-driving beer brand across the U.S. after being founded in June 2024. The premium light beer is found in 28 states and counting, and even hit the shelves of Walmart less than one year after its launch.
"Americans deserve a real American beer, and now they can grab Real American Beer at Walmart — America’s store. Our team is passionate about building a beer that brings America together. We are a beer for great American pastimes — sports, racing, grills, tailgates, family," Hogan, whose real name is Terry Bollea, said in a statement back in April about the Walmart deal.
"Real American Beer is made for summer. And now, it’s easier than ever to get some, brother."
"With Hulkamania Forever, its second product launch, Real American Beer is doubling down on its promise: to unleash momentum, excitement, and legendary energy back to light beer," the brand said.
Hogan died in Clearwater, Florida last month of a heart attack, according to officials. He was 71 years old.
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https://www.foxbusiness.com/sports/real-american-beer-collaborates-wwe-special-hulk-hogan-collectible-can-hulkamania-foreverA California man with cerebral palsy captured the moment a food delivery robot repeatedly collided with his mobility scooter in a video that has since gone viral.
Mark Chaney, a therapist in West Hollywood, said he was on his way home from a procedure on Friday, Sept. 12, when he encountered a delivery robot that he described as "acting erratically," he told news agency Storyful.
UBER LAUNCHES ROBOT FOOD DELIVERY ON EAST COAST
"Son of a b----," Chaney says in the video as he frustratingly tries to pass the robot before the two collide. "Oh my god. Seriously?"
Chaney had been riding his mobility scooter due to his cerebral palsy, he said.
AMAZON EXPANDS SAME-DAY DELIVERY SERVICE TO INCLUDE PERISHABLE FOOD ITEMS IN OVER 1,000 CITIES
"The robot kept blocking me from passing and when I did finally pass, it cut me off and then stopped, causing my scooter to hit the back of the 'bot, and then it backed into me," Chaney told Storyful.
He later said that he had been in contact with Serve Robotics, the company which owns the food delivery robot.
MARC LORE’S STARTUP AIMS TO TAKE BITE OUT OF FOOD DELIVERY MARKET
"I am hopeful this can be resolved with reparation and change for me and others," Chaney said in the comments section of an update posted to his Instagram. "This could be a safety issue for people with mobility aids, disabilities or even someone walking on the street."
Serve Robotics, based out of California, previously announced it had a goal to deploy 2,000 AI-powered delivery robots across the U.S. by the end of 2025.
Earlier this year, Uber similarly announced it was expanding its use of robots to deliver food, with East Coast customers getting a taste of the technology for the first time.
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Serve Robotics did not immediately respond to FOX Business' request for comment.
https://www.foxbusiness.com/lifestyle/man-cerebral-palsy-films-delivery-robot-colliding-mobility-scooter-viral-videoFord is packing up and will soon move to its new headquarters a short drive down the road.
The automaker announced it is moving from its current location – dubbed the "Glass House" – in Dearborn, Michigan, to a new site a few miles away that will officially open in November. Ford said it will complete the move from the Glass House – built in 1956 – in the first half of 2026, and that the building will be demolished over the course of about 18 months.
"This is more than just a new building; it’s a catalyst for innovation and a physical symbol of our Ford+ transformation," Bill Ford and Jim Farley said in a letter to employees. "To win in this new era, we must work more closely together than ever before."
The new building will be called the new Ford World Headquarters and, at 2.1 million square feet, is twice the size of the Glass House. The new site is intended to bring employees from the company’s engineering, design and technology teams together in one location.
The building will be part of a larger campus that will take the name of the current headquarters, the Henry Ford II World Center. Henry Ford II was the grandson of founder Henry Ford and served as CEO from 1945 until 1979. When completed, Ford said 14,000 employees will be within a 15-minute walk of the building.
FORD UNVEILS 2026 MUSTANG FX PACKAGE WITH NOSTALGIC FOX BODY STYLING
Ford’s new location will feature six design studios, a showroom to conduct product reviews, a 160,000-square-foot food hall, wellness and mother’s rooms, as well as more than 300 tech-enabled meeting rooms.
FORD UNVEILS ITS FORD HERITAGE FLEET
The new World Headquarters building is on the site of the former Ford Product Development Center, which opened in 1953. Then-President Dwight Eisenhower was there to celebrate the dedication live through the first-ever use of closed-circuit TV.
Some of the country’s most iconic automobiles were born at the site and throughout the Dearborn campus, including the Mustang, Thunderbird, Continental, F-Series trucks, Ranger and Ford GT.
https://www.foxbusiness.com/markets/ford-move-world-headquarters-first-time-nearly-70-yearsThe Walt Disney Co. has announced ABC’s "Jimmy Kimmel Live!" will return on Tuesday after a brief suspension.
"Last Wednesday, we made the decision to suspend production on the show to avoid further inflaming a tense situation at an emotional moment for our country. It is a decision we made because we felt some of the comments were ill-timed and thus insensitive. We have spent the last days having thoughtful conversations with Jimmy, and after those conversations, we reached the decision to return the show on Tuesday," a Disney spokesperson told Fox News Digital.
Experts argue that ABC and Disney put itself in a tough situation by swiftly pulling Jimmy Kimmel's show last week after his remarks about Charlie Kirk's death. Though there is some distance between those who say ABC risks some backlash from viewers and those who say advertising dollars were more critical.
This underscores how the financial fallout for ABC and centers on the importance of advertising dollars for late night television, which has been falling precipitously since 2018.
Disney-owned ABC announced that "Jimmy Kimmel Live!" was suspended indefinitely following his comments about Kirk's death at an event in Utah last week and the administration's response to it. ABC's suspension of Kimmel's show comes in the wake of the recent decision by Paramount, the parent company of CBS, to end "The Late Show with Stephen Colbert" after its current season concludes.
DISNEY EXECUTIVES MADE DECISION TO PULL 'JIMMY KIMMEL LIVE!' OFF THE AIR AFTER KIRK COMMENTS
From a brand risk standpoint, Crystal Gorges, brand expert and publicist, believes that it’s actually more of a risk to pull him than to keep him.
"ABC and Disney are already under a microscope with the FCC pressure being so public, so viewers can easily connect the dots and interpret a suspension as political compliance rather than a programming decision," Gorges told FOX Business.
Gorges argued that the "financial danger isn’t so much advertisers walking away as it is alienating loyal viewers who see it as censorship."
"Loyal viewers who tune in night after night, or who pay for Disney/ABC bundle subscriptions, could feel like their voices are being silenced. That sense of alienation can quickly snowball into organized opposition, social media movements, or even subscriber cancellations," he said.
ABC BRACES FOR A FINANCIAL HIT AS KIMMEL REMOVAL SHUTS OUT THESE ADVERTISERS
He believes that the short-term advertising impact is manageable, and that the "long-term monetary risk comes from the ripple effects of being seen as caving to outside pressure." He underscored that the monetary risk is in the backlash to the perception of caving.
"Once a brand becomes a lightning rod for political or cultural backlash, the controversy can extend far beyond the original issue with Kimmel himself.
Like Gorges, Aaron Evans CEO of strategic communications and media agency Story Group, told FOX Business there is some danger for Disney/ABC in losing the trust of the audience.
However, Evans underscored that keeping Kimmel would have lost them droves of advertisers and, in turn, millions in revenue almost immediately.
CHARLIE KIRK ASSASSINATION REIGNITES DEBATE OVER SECTION 230 PROTECTIONS FOR SOCIAL MEDIA COMPANIES
"If ABC hadn’t pulled Kimmel, the financial fallout would have been immediate—advertisers don’t wait out controversies, they walk, and that’s millions in lost revenue," Evans told FOX Business, adding that advertisers are "hypersensitive to controversy because they’re not just buying eyeballs, they’re investing in their brand story."
Evans said the last thing that a brand, especially a major consumer brand wants, "is to see its logo running next to content that half the country finds offensive or insensitive to something as horrible as a political assassination of someone beloved by Americas' youth—it creates instant backlash on social media and in the press."
Given that there are so many places to invest ad money, most would have seen that the risk simply wasn't worth it, according to Evans.
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"Once even a handful of household brands exit, it creates a domino effect, because no company wants to be the last one left holding the bag. For ABC, that could mean losing millions in a matter of weeks and a long-term devaluation of their late-night inventory," Evans said.
FOX News Digital's Brian Flood contributed to this report.
https://www.foxbusiness.com/lifestyle/whats-abcs-financial-fallout-pulling-jimmy-kimmelNearly 1,800 Spirit Airlines flight attendants will lose their jobs just before the busy Christmas travel season, the airline confirmed.
"As part of our ongoing restructuring, we are taking steps to align staffing with our fleet size and expected flight volume," the airline said in a statement to FOX Business.
"In line with this process, we have made the difficult decision to furlough approximately 1,800 Flight Attendants, effective Dec. 1, 2025," it said.
The news comes after Spirit Airlines filed its second bankruptcy in August, and agency experts have said they do not expect the airline to survive much longer.
SPIRIT AIRLINES FLIGHT FLYING IN VICINITY OF AIR FORCE ONE REPEATEDLY ORDERED TO TURN
Last week, Spirit Airlines CEO Dave Davis warned staff that the airline is cutting a quarter of its flight schedule in November as it restructures its business.
Davis told employees in a Wednesday memo, reviewed by FOX Business, that the carrier will reduce its capacity by 25% year over year in November to "optimize our network to focus on our strongest markets."
SPIRIT AIRLINES TO FURLOUGH 270 PILOTS DUE TO LOWER OFF-SEASON DEMAND
Back in July, Spirit Airlines announced it was furloughing 270 pilots on Nov. 1 and an additional 140 pilots will be demoted on Oct. 1.
Also on Monday, the Florida-based budget airline announced a fall sale with flights starting at $44 "one way to some of the best autumn destinations across its network," a press release said.
"Furloughs can trigger a complex mix of emotions — sadness for lost opportunities, fear about financial security, anger at circumstances beyond one’s control, and even guilt for feeling relieved if you weren’t affected as severely as others," Spirit Airlines Association of Flight Attendants-CWA said in a newsletter to its members on Monday.
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"It’s okay to name these emotions. Acknowledging what you’re feeling is the first step to processing it in a healthy way," it said.
FOX Business' Alexa Angelus and Daniella Genovese contributed to this report.
https://www.foxbusiness.com/economy/spirit-airlines-furloughing-1800-flight-attendants-just-before-christmas-travel-seasonFederal Reserve Governor Stephen Miran said Monday that he will be "as independent as I can" while serving at the nation’s central bank, even as he takes a leave of absence from his role within the Trump administration.
During a discussion at the Economic Club of New York, Miran emphasized that his policy decisions would be based on economic data and the Federal Reserve’s dual mandate—the responsibility to promote both maximum employment and stable prices—rather than being swayed by political pressure, even if that pressure were to come directly from President Donald Trump.
WHITE HOUSE SLAMS 911K JOBS REVISION, THE LARGEST ON RECORD, DEMANDS RATE CUT
When asked how he would respond if Trump personally called and directed him to take certain actions at the Federal Reserve, Miran said he would "respectfully" listen and "consider his argument" on financial policy, but ultimately he would make his own decision.
Miran said though, that Trump has "never asked me to set policy in a specific way."
SENATE CONFIRMS STEPHEN MIRAN TO FED BOARD AHEAD OF CRUCIAL RATE CUT MEETING
Trump tapped Miran, who leads the White House Council of Economic Advisers, on Aug. 7 to fill the seat vacated by Federal Reserve Governor Adriana Kugler, who resigned in August. He will finish the remainder of Kugler’s term, which ends on Jan. 31, 2026.
Miran, a veteran of both Trump administrations, said he will take a leave of absence from the White House while at the Federal Reserve.
The Senate narrowly confirmed Miran on Sept. 15, a day before the Federal Reserve's crucial rate-setting meeting.
POWELL DECLINES TO WEIGH IN ON LISA COOK’S HIGH-STAKES COURT FIGHT WITH TRUMP
The two-day Federal Open Market Committee (FOMC) meeting determines interest rates that ripple through the economy, shaping what Americans pay on mortgages, auto loans, and credit cards.
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During last week’s FOMC meeting, Miran was the sole dissenter in the 11-1 decision to reduce interest rates by a quarter percentage point.
For months, Trump has pressed Federal Reserve Chairman Jerome Powell to cut rates in order to help spur the nation's economic growth.
https://www.foxbusiness.com/politics/trumps-newest-fed-governor-miran-vows-as-independent-i-can