Connect with us
DAPA Banner

Business

Trump Media’s Latest Pivot Is a Leadership Shake-Up

Published

on

Trump Media’s Latest Pivot Is a Leadership Shake-Up

Kevin McGurn faces a challenge as the new head of Trump Media & Technology Group DJT 2.62%increase; green up pointing triangle: figuring out how to package the company’s odd mix of business ventures. 

McGurn is a longtime media executive and adviser who took over last week as interim chief executive of the company, best known as the parent of Truth Social, President Trump’s social-media platform. McGurn succeeded former congressman Devin Nunes, who departed abruptly after four years at its helm.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Man charged over death of Australian Indigenous girl that sparked outback riots

Published

on

Man charged over death of Australian Indigenous girl that sparked outback riots


Man charged over death of Australian Indigenous girl that sparked outback riots

Continue Reading

Business

Japan’s Katayama mum on suspected FX intervention amid Golden Week

Published

on


Japan’s Katayama mum on suspected FX intervention amid Golden Week

Continue Reading

Business

Taiwan president defiant as begins Eswatini trip; China calls him a ’rat’

Published

on

Taiwan president defiant as begins Eswatini trip; China calls him a ’rat’


Taiwan president defiant as begins Eswatini trip; China calls him a ’rat’

Continue Reading

Business

Harley-Davidson recalls nearly 90,000 motorcycles over oil ejection risk

Published

on

Harley-Davidson recalls nearly 90,000 motorcycles over oil ejection risk

Harley-Davidson is recalling nearly 90,000 motorcycles due to a defect that could cause oil to eject and increase the risk of injury, federal regulators said.

The recall covers 88,039 motorcycles, including certain 2024–2026 FLTRX and FLHX models, 2025–2026 FXBR and FLFB models, and other select bikes equipped with an airbox baseplate, part number 29000373, according to the National Highway Traffic Safety Administration (NHTSA).

Advertisement

The issue stems from a breather port that may become blocked, allowing pressure to build inside the crankcase.

If the dipstick is removed while the crankcase is pressurized, oil could be ejected from the fill spout, posing an injury risk, the agency said.

FORD RECALLS OVER 179,000 BRONCO AND RANGER VEHICLES OVER SEAT DEFECT

Harley Davidson

Harley-Davidson is recalling nearly 90,000 bikes over a defect that could cause oil to eject and increase the risk of injury, regulators said. (iStock / iStock)

Dealers will inspect the breather ports and repair any blockages free of charge.

Advertisement

Notification letters are expected to be mailed to owners by May 11, the NHTSA said.

Ticker Security Last Change Change %
HOG HARLEY-DAVIDSON INC. 24.48 +0.59 +2.47%

Motorcycle owners can contact Harley-Davidson customer service at 1-800-258-2464 with questions.

MAJOR INVESTOR IN HARLEY-DAVIDSON WANTS CEO, TWO OTHERS REMOVED FROM THE BOARD

harley davidson

Harley-Davidson is recalling tens of thousands of motorcycles over a safety issue. (Artur Widak/NurPhoto via Getty Images / Getty Images)

The recall comes after the company announced a separate recall last month of nearly 17,000 motorcycles over a potential brake failure issue that could increase crash risk.

Advertisement

That recall included certain Harley-Davidson FXLRS, FXLRST, FXBB and FLHC models produced between October 2024 and March 2026.

CLICK HERE TO READ MORE ON FOX BUSINESS

Harley-Davidson logo is seen near the store

Harley-Davidson logo is seen near the store in Krakow, Poland on January 24, 2024. (Photo by Jakub Porzycki/NurPhoto via Getty Images)  (Jakub Porzycki/NurPhoto via Getty Images / Getty Images)

The issue was first flagged in March following a report of inoperable brakes on a 2025 FXLRST model, according to the NHTSA.

FOX Business has reached out to Harley-Davidson for comment.

Advertisement

FOX Business’ Landon Mion contributed to this report.

Continue Reading

Business

Motor racing-Miami F1 Grand Prix brought forward by three hours to beat storm threat

Published

on

Motor racing-Miami F1 Grand Prix brought forward by three hours to beat storm threat


Motor racing-Miami F1 Grand Prix brought forward by three hours to beat storm threat

Continue Reading

Business

S&P 500, Nasdaq Climb to New Highs

Published

on

Stocks Fall After Trump Picks Kevin Warsh as Next Fed Chair

S&P 500, Nasdaq Climb to New Highs

Continue Reading

Business

The First $6 Trillion Company May Not Be Nvidia

Published

on

The First $6 Trillion Company May Not Be Nvidia

The First $6 Trillion Company May Not Be Nvidia

Continue Reading

Business

Trump signals deeper U.S. troop cuts in Germany amid rising NATO tensions

Published

on


Trump signals deeper U.S. troop cuts in Germany amid rising NATO tensions

Continue Reading

Business

Sen Warren faces backlash over JetBlue merger block after Spirit shuts down

Published

on

Sen Warren faces backlash over JetBlue merger block after Spirit shuts down

Sen. Elizabeth Warren, D-Mass., is under fire after Spirit Airlines abruptly shut down, with critics citing her claim that blocking a merger that could have saved the troubled carrier was “a Biden win for flyers.”

Spirit announced early Saturday it would cease operations immediately, canceling all flights and shutting down customer service, leaving many travelers stranded. The collapse is reigniting debate over whether federal regulators got it wrong in blocking a proposed JetBlue-Spirit merger, with opponents now arguing the decision may have reduced competition and contributed to the airline’s downfall.

Advertisement

“I’ve warned for months that a @JetBlue-@SpiritAirlines merger would have led to fewer flights and higher fares,” Warren wrote in a March 2024 post on X. “@JusticeATR and @USDOT were right to stand up for consumers and fight against runaway airline consolidation. This is a Biden win for flyers!”

TRUMP TRANSPORTATION SEC DUFFY ANNOUNCES RELIEF FOR SPIRIT AIRLINES FLYERS, EMPLOYEES

Senator Elizabeth Warren

Senator Elizabeth Warren, a Democrat from Massachusetts, during a Senate Armed Services Committee hearing in Washington, DC, US, on Thursday, April 30, 2026. Defense Secretary Pete Hegseth’s second day of testimony before Congress provided Democrats (Stefani Reynolds/Bloomberg via Getty Images / Getty Images)

Biden administration officials made similar arguments at the time. Former Attorney General Merrick Garland said in a March 2024 statement: “The Justice Department proved in court that a merger between JetBlue and Spirit would have caused tens of millions of travelers to face higher fares and fewer choices.” He added: “Today’s decision by JetBlue is yet another victory for the Justice Department’s work on behalf of American consumers.”

Then-Assistant Attorney General Jonathan Kanter also framed the ruling as a win for consumers: “Our win in court is a victory for U.S. travelers who deserve lower prices and better choices.”

Advertisement

The U.S. Department of Transportation, led by former Secretary Pete Buttigieg, also backed the decision earlier in the process. In a 2023 statement, the agency said it “fully supports the Justice Department’s lawsuit… to block the proposed JetBlue-Spirit merger,” arguing the deal would “eliminat[e] the largest, most aggressive ultra-low-cost competitor” and “substantially reduc[e] competition.”

SPIRIT AIRLINES TO CEASE OPERATIONS AFTER FEDERAL GOVERNMENT BAILOUT FAILS TO MATERIALIZE

Spirit Airlines planes on tarmac amid bankruptcy

Spirit Airlines jets sat on the tarmac as the company ceased operations at Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on May 2, 2026. (GIORGIO VIERA / AFP via Getty Images / Getty Images)

Warren defended her position following Spirit’s collapse in a new post on X.

“Spiking fuel prices from Trump’s war was the nail in the coffin for twice-bankrupted Spirit airline,” she wrote. “FWIW, JetBlue merger failed because a judge, appointed by Ronald Reagan, said the deal was illegal. Republicans are desperate to shift blame from higher costs hitting families.”

Advertisement

Warren’s office pointed to rising fuel costs as a key factor in Spirit’s collapse in an email to FOX Business. Patrick De Haan, head of petroleum analysis at GasBuddy, wrote on X that Spirit’s restructuring plan had assumed jet fuel costs of about $2.24 per gallon in 2026, but prices had climbed to roughly $4.51 per gallon by the end of April.

A community note on X, which is written by platform users, pushed back on Warren’s claims.

“Senator Warren previously helped block the merger of JetBlue and Spirit which would have resulted in a 5th major airline and more competition against major airlines.”

Transportation Secretary Sean Duffy criticized the earlier decision to block the merger. 

Advertisement

“This merger should have been allowed,” Duffy said Saturday. “This is not better for travelers. This is not better for pricing. This is not better for competition… It’s worse. We had an airline go down,” Duffy said.

TRUMP SAYS HE WANTS ‘SOMEBODY’ TO BUY SPIRIT AIRLINES, OPPOSES UNITED-AMERICAN MERGER

Transportation Secretary Sean Duffy gives a press conference at Newark Liberty International Airport.

Sean Duffy, US secretary of transportation, during a news conference in Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Saturday, May 2, 2026. (Adam Gray/Bloomberg via Getty Images / Getty Images)

Spirit’s shutdown has left travelers scrambling, with major airlines capping fares and offering limited relief options for stranded passengers, while displaced workers are being directed to hiring pipelines at competing carriers, as previously reported by FOX Business.

The Justice Department sued to block the JetBlue-Spirit deal under antitrust law, arguing it would eliminate a key low-cost competitor and raise prices on overlapping routes. A federal judge ultimately agreed, blocking the merger after a multi-week trial.

Advertisement

GET FOX BUSINESS ON THE GO

Spirit had struggled financially for years and had previously filed for bankruptcy as it sought to stabilize its business.

The Trump administration said it explored options to keep Spirit afloat, but a proposed bailout failed to materialize before the airline shut down operations, as FOX Business previously reported, leaving ongoing debate over whether earlier regulatory decisions played a role in its collapse.

Fox News Digital’s Robert McGreevy, Sophia Compton, Michael Sinkewicz and FOX Business’ Matthew Kazin contributed to this reporting.

Advertisement
Continue Reading

Business

Peru’s electoral board calls for audit of election results

Published

on

Peru’s electoral board calls for audit of election results


Peru’s electoral board calls for audit of election results

Continue Reading

Trending

Copyright © 2025