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FIRST ON FOX: Two lawmakers in the House and Senate are introducing separate bills to slap limits on nongovernmental organizations (NGOs) they believe are undermining U.S. immigration law – coming amid broader questions about funding of NGOs and a funding crackdown by the Trump administration.Rep. Lance Gooden, R-Texas is reintroducing the “Protecting Federal Funds from Human Trafficking and Smuggling Act,” while Sen. Bill Hagerty, R-Tenn., is introducing the Fixing Exemptions for Networks Choosing to Enable Illegal Migration (Fence) Act.Hagerty’s bill would end tax-exempt status for organizations that help illegal immigrants, requiring that exempt organizations do not engage in a pattern…

Andrii Zastrozhnov/Getty ImagesTransparent pharmacy benefit management startup Capital Rx hit $3.5 billion in revenue last year.The startup is surging as Congress seeks to rein in PBM giants that profit from high drug costs.Capital Rx, backed by VC firms like General Catalyst, doesn’t make money from drug spend.Pharmacy benefit management startup Capital Rx earned $3.5 billion in revenue last year as Congress sought to reign in the legacy middlemen that have long profited from high drug costs.Pharmacy benefit managers, or PBMs, negotiate drug prices between drug manufacturers, insurance companies, and pharmacies. These companies are facing mounting criticism for marking up drug…

As a professional perfumer, I recommend grabbing a few scents right now.Hadrian/ShutterstockAs a professional perfumer, I love recommending fragrances I think my clients will love.I’d wear Karat EG by Maison d’Etto, which has notes of rose, on a date.Rain Cloud by Perfumer H, which smells fresh and has orange-flower notes, is perfect for the office.As a professional perfumer with five years of experience, I believe the purpose of a great fragrance is to highlight and amplify the best version of yourself.Whether you’re looking for a scent to wear to the office or impress your date, here are some of the…

May Mobility operates its autonomous vehicles across 10 cities in North America and Japan.May MobilityRobotaxis have hit the mainstream, with Waymo and Tesla planning major expansions in 2025.Concerns about the huge cost of self-driving vehicles have prompted Ford and GM to exit the race.May Mobility CEO Edwin Olson told Business Insider that robotaxis are a “brutal” business.The Read the original article on Business Insider

Anna Moneymaker via Getty ImagesKEY TAKEAWAYSPresident Donald Trump said he has instructed the US Treasury Secretary to stop minting new pennies, citing the coin’s cost of production.The U.S. president said in a Truth Social post that the cost to produce the penny—at more than 2 cents—was “so wasteful.”Many economists have called for the U.S. to stop manufacturing the penny, which for years has cost more to produce than it is worth.U.S. President Donald Trump said Sunday night that he has instructed the Secretary of the U.S. Treasury to stop minting new pennies, citing their production cost.“For far too long the…

David Paul Morris / Bloomberg via Getty ImagesMcDonald’s (MCD) shares rose Monday as the fast-food giant’s global comparable sales returned to growth, offsetting worse-than-expected fourth-quarter results.The company reported adjusted earnings per share (EPS) of $2.83, below the $2.87 analysts expected, per Visible Alpha. McDonald’s registered revenue of $6.39 billion, while analysts were looking for $6.46 billion.Comparable Sales Return to Global Growth But Decline in USMcDonald’s said Monday that global comparable sales rose 0.4%, better than the 0.41% drop analysts had expected. Its global comparable sales had declined each of the last two quarters.However, comparable sales dropped 1.4% in the U.S.,…

The incident occurred on an Iberia Airbus A320neo, not pictured.Massimo Insabato/Getty ImagesAn Iberia flight was preparing to take off on Friday when a passenger opened an exit.Airlive.net reported the passenger hit a flight attendant and jumped onto the tarmac.Iberia confirmed the incident to Business Insider but didn’t comment further.A passenger hit a flight attendant and opened an emergency exit before jumping onto the tarmac while their flight was preparing to take off.The Airbus A320neo, operated by the Spanish airline Iberia, was about to fly from Paris Orly Airport to Madrid on Friday.Airlive.net first reported the incident. An Iberia spokesperson confirmed…

I took Japan’s bullet train Shinkansen from Osaka to Tokyo and had a mostly smooth experience.Amanda AdlerAfter riding the rails around the world, I was eager to try Japan’s bullet trains.My trip from Osaka to Tokyo was smooth and comfy, but I felt motion sickness for the first time.I couldn’t enjoy the scenery, but the efficiency of travel made it worth the downsides.I love traveling by train because doing so often offers me a smooth and stress-free travel experience.So, on a recent trip to Japan, I was excited to book a journey on the country’s famous Shinkansen, a bullet train…

OpenAI CEO Sam Altman said its Super Bowl ad signals a new era for AI.OpenAIOpenAI made its Super Bowl debut with a $14 million ad.The ad draws a direct line between ChatGPT and some of history’s most transformative inventions.OpenAI said it used a text-to-video model for brainstorming, but human artists made the final version.OpenAI aired its first-ever Super Bowl ad on Sunday, making a $14 million statement that artificial intelligence belongs in the same category as fire, the wheel, and the internet.The 60-second spot, titled “The Intelligence Age,” aired during the second quarter and used animation to journey through humanity’s…

Peter Dazeley / Getty ImagesKEY TAKEAWAYSBP’s U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking to make changes.Elliott is pushing BP, which has pivoted away from oil and gas in recent years to focus on low-carbon investments, to consider “transformational changes to improve the company’s performance,” The Wall Street Journal reported.The exact size of Elliott’s stake wasn’t immediately known but Bloomberg said it was “significant.”BP’s (BP) U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has…