61 stories
Spirit Airlines announced in the early hours of Saturday that it would immediately stop flying after a last‑minute government bailout failed to materialize, canceling all flights and advising passengers not to go to...
By Megan Cerullo, Kris Van Cleave and Faris Tanyos Updated May 2, 2026 / 3:19 AM EDT Budget carrier Spirit Airlines said early Saturday that it has begun an orderly wind-down of operations after talks to secure a $500...
Spirit Airlines announced an immediate, orderly wind-down of operations after negotiations for a $500 million federal bailout stalled, and it canceled all flights. The airline said it will process some refunds...
Update: Early Saturday, Spirit Airlines announced it has begun winding down operations and is canceling all flights after failing to secure a federal bailout, the carrier said, following efforts to reach an emergency...
Spirit Airlines announced it has "started an orderly wind-down of our operations, effective immediately," after rescue discussions with the federal government reportedly over about $500 million stalled.
Spirit Airlines, the ultra‑low‑cost carrier, is facing the prospect of stopping flights as soon as Saturday if it cannot obtain emergency funding or reach a last‑minute deal to continue operating. The uncertainty is...
Four of the largest technology companies reported quarterly results after Wednesday’s close, and markets finished the session lower as investors weighed heavy AI-related capital outlays against near-term returns. Meta...
Updated on: April 29, 2026 / 6:37 PM EDT / CBS/AP Elon Musk told a federal court Wednesday that he was a "fool" for helping finance the creation of ChatGPT maker OpenAI, testifying in a civil suit he filed against the...
Prediction markets — online platforms where people wager on the outcomes of elections, wars, policy decisions and other events — are facing growing scrutiny after a string of high-profile incidents that critics say look...
Washington — Chevron’s CEO said commercial ships will likely need U.S. Navy escorts when the Strait of Hormuz reopens to ensure crew and cargo safety.
The White House is considering invoking the Defense Production Act to help keep Spirit Airlines operating, according to sources familiar with internal discussions. President Trump has signaled openness to federal...
Updated April 23, 2026 — President Donald Trump said he is considering a taxpayer-funded takeover of Spirit Airlines with the aim of selling the budget carrier later if oil prices fall. The president confirmed interest...
