A financial expert talks about the “serious” consequences of retail credit cards. A federal judge said this on Friday Visa and Mastercard card issuers may resist a “substantially larger” deal with traders who argued they paid more in slippage fees than the proposed $30 billion settlement it rejected last week. U.S. District Judge Margo Brodie … Read more
Two decades after Boeing sold its large aircraft subassembly plants in Wichita, Kan., and Tulsa, Okla., and created what became Spirit AeroSystems, the company announced late Sunday that it has reached an agreement to buy those Spirit core units and bring that work back home In a memo to Boeing employees Sunday night, CEO Dave … Read more
The collapse of fintech startup Synapse is roiling a small corner of the banking world, leaving thousands of customers without access to their money and a mystery surrounding the millions of dollars that went missing. Four small US banks have some of the money. No one is sure where the rest went. The saga surrounding … Read more
Arbitrum and Optimism saw more transactions in the new year. ARB and OP were trending down at press time. Arbitrum [ARB] and Optimism [OP]two prominent layer 2 scaling solutions for Ethereum [ETH]have experienced increased transaction activity this year, according to available data. Despite this positive trend in transaction volume, both networks have seen a drop … Read more
Unfinished fuselages for the Boeing 737 during production at the Spirit AeroSystems plant in Wichita, Kan. Courtesy of Spirit AeroSystems hide title change the subtitles Courtesy of Spirit AeroSystems WASHINGTON – Boeing has reached an agreement to buy Spirit AeroSystems, one of its main suppliers, reuniting the aerospace giant with the plant that makes the … Read more
See what’s clicking on FoxBusiness.com EXCLUSIVE: Rep. Tim Walberg, R-Mich., is introducing legislation aimed at fighting the Labor Department’s decision to roll back the Trump administration’s rule that expanded association health plans (AHPs). The legislation, obtained exclusively by FOX Business, aims to block the Biden administration’s plan to get rid of AHPs, which allow some … Read more