Business

WASHINGTON (AP) — The Transportation Department on Friday canceled $679 million in federal funding for a dozen offshore wind projects, the latest attack by the Trump administration on the reeling U.S. offshore wind industry. Funding for projects in 11 states was rescinded, including $435 million for a floating wind farm in Northern California and $47 million to boost an offshore …

WALLOPS ISLAND, Va. — A new reusable rocket with jaws like a cosmic hippo, an innovative booster built by the company Rocket Lab, finally has its first launch pad on the Virginia coast and could make its first flight by the end of the year. The novel booster, called Neutron, is Rocket Lab’s newest and the company’s first purpose-built reusable …

Cracker Barrel didn’t stop at just bringing back its old logo after MAGA raged over its “woke” new redesign. The Pride and DEI sections of the Tennessee-based restaurant chain’s website have also quietly disappeared after it backed down from an effort to modernize its logo with a minimalist design as part of a $700 million rebrand. The new logo had …

Indulge us in an extended simile for a moment: The REI Labor Day sale is like a lone streak of sunlight breaking through an endless expanse of gray skies. Sure, it’s hard to see the end of summer as a positive, but for anyone—like, uh, me—yearning for good weather, the smell of bug spray, and the chance to get outside, …

Retailers warn Trump tariffs will trigger consumer price explosion — who will he blame?  Boing Boing Higher Prices Are Coming for Household Staples – WSJ  The Wall Street Journal ‘Sneakflation’: How Trump’s tariffs are gradually raising costs for American consumers  CNN Investors are ignoring the coming wave of tariff-driven inflation, Deutsche Bank warns  Fortune Commentary: Trump’s trade war is hurting most sectors of the …

A United Express flight from Aspen to Houston ran into severe turbulence while flying over Texas. Flight data shows the plane dropped 4,000 ft in less than a minute before stabilizing. The pilots declared an emergency before diverting the flight and landing the aircraft safely in Austin. The extent of injuries suffered by any passengers onboard is not clear at …

Elon Musk recently insisted that our robot-filled future will allow humans to collect free money for doing nothing, while bots do all the labor. But Nvidia CEO Jensen Huang doesn’t seem to be buying that narrative. In fact, Huang seems to think advancements in AI and robotics are going to mean that humans will be busier than ever in the …

Even after Friday’s stock dip, Wall Street’s risk-on momentum train is barreling into September at full steam — and few investors are showing signs of hesitation. Markets barely flinched this week — despite fresh political pressure on the Federal Reserve and tepid Nvidia Corp. revenue guidance — until a tech-led pullback Friday, amid thin trading. Yet the late-week wobble only …

Budget carrier Spirit Airlines said Friday that it has filed for bankruptcy protection only months after emerging from a Chapter 11 reorganization. The no-frills airline said it intends to conduct business as normal during the restructuring process, meaning passengers can continue to book trips and use their tickets, credits and loyalty points. The company said its employees and contractors would …

A cozy Earth sounds nice, but we’ll settle for a cozy bed — and these soft, silky, cooling linens deliver. This set has wowed everyone from Yahoo staffers and thousands of online shoppers to — wait for it — Oprah herself. Senior Style Writer Rebecca Carhart, who searched high and low to find the best cooling sheets, awarded this set …