Browsing: Business

Business

Cargo ship struck in Strait of Hormuz amid Iran war

On HALO – Mar 11, 2026

A projectile hit a Thai-flagged cargo ship off the coast of Oman in the Strait of Hormuz, setting it on fire.The Iranian regime reportedly claimed res...

Business

Loeffler targets $50B SBA program that has ‘never been looked at,’ bans 112K-plus COVID loan fraudsters

On HALO – Mar 11, 2026

Small Business Administrator (SBA) Kelly Loeffler unveiled a sweeping fraud crackdown on Wednesday, announcing an audit of a decades-old $50 billion p...

Business

Former Starbucks CEO Howard Schultz moves to Florida from Washington state

On HALO – Mar 11, 2026

Former Starbucks CEO Howard Schultz and his wife announced they’ve moved to Florida for their "retirement phase," leaving Washington state after nearl...

Business

Target to cut prices on 3,000 items as inflation remains above Fed target

On HALO – Mar 11, 2026

As the U.S. enters its fifth year of inflation running above the Federal Reserve’s 2% target, major retailers are responding to softer demand and incr...

Business

Yamaha moves US headquarters out of California after nearly 50 years

On HALO – Mar 11, 2026

Yamaha Motor Co. is relocating its U.S. headquarters from California to Georgia after nearly a half century of operations in the Golden State.The comp...

Business

Inflation held steady in February and remained above the Fed's target

On HALO – Mar 11, 2026

This is a developing story about the February 2026 consumer price index. Please check back for updates.Inflation remained elevated in February as the...

Business

Inflation was modest in February but remained above the Fed's target

On HALO – Mar 11, 2026

This is a developing story about the February 2026 consumer price index. Please check back for updates.Inflation remained elevated in February as the...

Business

Federal court terminates Biden-era student loan plan affecting millions nationwide

On HALO – Mar 11, 2026

A federal appeals court on Monday officially finalized the termination of the Saving on a Valuable Education (SAVE) plan, the Biden program that signi...

Business

Trump touts ‘historic’ $300B Texas refinery as first new US plant in nearly 50 years

On HALO – Mar 11, 2026

President Donald Trump on Tuesday announced America First Refining (AFR) is opening the first new U.S. oil refinery in nearly half a century in Browns...

Business

Flying taxis could soon take flight as FAA green-lights tests in 26 states

On HALO – Mar 10, 2026

The Federal Aviation Administration (FAA) announced Monday that it selected eight proposals for a new pilot program testing new advanced air mobility...

Business

Five Disneyland employees hospitalized after backstage chemical incident near Star Tours causes foul odor

On HALO – Mar 10, 2026

It wasn’t pixie dust in the air Tuesday when a backstage chemical reaction at Disneyland sent five cast members to hospitals.The incident happened Tue...

Business

Oil spike fades as markets reassess Iran war supply risks

On HALO – Mar 10, 2026

Oil prices briefly spiked to more than $100 a barrel on Monday amid the ongoing war in Iran, before falling sharply, underscoring how initial fears of...