WASHINGTON – Supporters of the troubled Amtrak passenger railroad Tuesday successfully added back about half of a proposed cut in its federal subsidy as the House debated a $140 billion measure funding transportation programs. By a 266-158 vote, Amtrak’s House allies won an additional $214 million to bring its subsidy …
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November, 2025
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22 November
Stocks to Watch, June 18: Circuit City and Michaels Stores
SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Monday’s session are Circuit City Stores Inc., Michaels Stores Inc. and Hancock Fabrics Inc. • Click here to visit FOXBusiness.com’s Investing page. CarMax Inc. (KMX) is expected to report first-quarter earnings of 38 cents a …
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22 November
Ford Expects Up to 11,000 Workers to Accept Buyouts
DETROIT – Ford Motor Co. (F) said Monday it expects 10,000 to 11,000 unionized hourly workers to accept early retirement and buyout offers by the end of the year. The number of workers who accept buyouts is a closely watched indicator of the success of Ford’s turnaround and cost-cutting efforts. …
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22 November
House Approves Stronger Penalties for Fraudulent Disaster Claims
WASHINGTON – Scammers hoping to finance tropical vacations or season tickets to football games with federal disaster funds may have second thoughts with House passage of legislation imposing sentences of up to 30 years for fraud related to disaster relief. The legislation, approved by a voice vote Tuesday, was brought …
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22 November
Best Buy Profit Much Higher Than Expected
MINNEAPOLIS – Best Buy Co. Inc. (BBY), the nation’s biggest consumer electronics retailer, said Tuesday its first-quarter profits rose almost 38 percent as customers bought more big-ticket items and cost-cutting measures took effect. Its shares rose more than 3 percent in early trading. The retailer earned $234 million, or 47 …
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22 November
Gotti: If Exonerated, 'I Can't Stay in New York'
NEW YORK – Facing his third trial on racketeering charges, the son of the late mob boss John Gotti says he will leave New York this time if he’s exonerated. “I can’t stay in New York,” John “Junior” Gotti, whose father died in prison, told the Daily News. “I’m alone …
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22 November
Sudanese Tribal Leaders Reject Possible U.N. Peacekeeper Force in Darfur
EL FASHER, Sudan – Tribal leaders on Friday rejected the possibility of U.N. peacekeepers replacing African Union forces in Darfur, with one chief threatening a “holy war” if non-African troops come to the Sudanese region. Their concerns emerged as U.N. Security Council members met with Sudanese government and tribal leaders, …
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22 November
Mining Company Sued for Allegedly Not Cooperating With Investigation of Mine Fire
CHARLESTON, W. Va. – The U.S. Mine Safety and Health Administration filed a lawsuit Friday accusing a mining company of not cooperating in its investigation into a mine fire that killed two workers earlier this year. The lawsuit alleges Aracoma Coal Co., a subsidiary of Massey Energy Co., is deliberately …
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22 November
Michigan Governor Vetoes Bill to Repeal Motorcycle Helmet Law
LANSING, Mich. – Michigan’s governor vetoed a bill Friday that would have allowed adult motorcyclists to ride without helmets, saying the social and economic costs would simply be too high. A group calling itself American Bikers Aiming Toward Education of Michigan had persuaded the Legislature to change the state’s mandatory …
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22 November
ABC News Co-Anchor Is Pregnant
NEW YORK – ABC’s “World News Tonight,” scrambling to fill the gap left by its injured anchor, Bob Woodruff, is facing further instability: Elizabeth Vargas, Woodruff’s co-anchor, is pregnant. Vargas and her husband, singer-songwriter Marc Cohn, are expecting their second child in late summer, they announced Friday. The couple have …
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