Navy scraps Biden-era submarine contract as overhaul costs surge toward B

NEWYou can now listen to Fox News articles! The Navy is canceling a long-delayed overhaul of the USS Boise after costs ballooned to nearly $3 billion, with Secretary of the Navy John Phelan saying the submarine no longer made financial or strategic sense to repair.In an exclusive interview with Fox News Digital, Phelan said the Los Angeles-class attack submarine had already consumed roughly $800 million and would require another $1.9 billion to complete — despite…

United States

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Politics

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Hormuz choke point persists as Iran halts oil traffic despite Trump ceasefire

NEWYou can now listen to Fox News articles! Oil traffic through the Strait of Hormuz remains effectively halted despite a U.S.-backed ceasefire that hinged on reopening the critical waterway, raising fresh questions about whether Iran is following through on a central condition of the truce.A backlog of roughly 3,200 vessels…

Business

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Aethir Stops Bridge Hack After Contract Exploit

Aethir, a decentralized GPU cloud infrastructure designed for artificial intelligence, confirmed an attack on its bridge contracts and said it halted the exploit.The platform said Friday that it had detected and contained an attack on its Aethir (ATH) bridge contracts connecting Ethereum to other chains.The team behind Aethir said it…

Lifestyle

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Exclusive | Beloved NYC restaurant owner’s world crumbled when he lost 0K in ‘fraud’ scheme — but a viral post saved his eatery and faith in the city: ‘I couldn’t believe it’

It’s a meat-free miracle. In recent months, the decades-old pioneering vegan East Village restaurant Caravan of Dreams was living a nightmare. Saddled by debt, allegedly swindled by a business partnership turned sour, and bogged down by an evolving East Village along with the lingering effects of the pandemic, the oldest…