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US targets China’s shadow fleet to cut off Iran oil revenue, expert says

The United States is ramping up pressure on Iran by targeting the economic lifelines that help keep its oil flowing, with a particular focus on China’s role in facilitating those exports. Gatestone Institute senior fellow Gordon Chang joined FOX Business’ Maria Bartiromo on “Mornings with Maria” to discuss how Washington’s…

Budget carriers including Frontier, Avelo reportedly seek .5B in federal aid

A group of budget airlines is reportedly seeking financial assistance from the federal government that could convert to an equity stake in the air carriers. The Wall Street Journal reported on Sunday that the group of budget airlines, including Frontier and Avelo, is seeking $2.5 billion in federal assistance through stock warrants that could convert into equity stakes in the airlines, according to people familiar with the matter.Some of the Journal’s sources told the outlet…

Business

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Chocolate recall over hidden allergen risk hits nationwide sales

A gourmet chocolate maker is recalling select bonbon collections sold nationwide after a labeling error failed to disclose the presence of walnuts, posing a potentially life-threatening risk to some consumers. French Broad Chocolates PBC is recalling its Bette’s Bake Sale Bonbon Collection in six-piece, 12-piece and 24-piece boxes due to…

Markets

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Investing

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