No more runway for Spirit Airlines as budget carrier shuts down
May 3, 2026
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Business

No more runway for Spirit Airlines as budget carrier shuts down

Discount carrier Spirit Airlines ceased operations on Saturday. It had been struggling with skyrocketing fuel costs and mountains of debt. A proposed government bailout plan unraveled, leaving thousands…

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What will a Spirit Airlines shutdown mean for travelers?
May 2, 2026
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Business

What will a Spirit Airlines shutdown mean for travelers?

The Spirit Airlines shutdown will ripple through commercial aviation, likely raising higher fares as the budget carrier exits the market, industry experts said.  “Any time you have a reduction…

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Berkshire Hathaway shareholders gather for 1st annual meeting without Warren Buffet on stage
May 2, 2026
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Business

Berkshire Hathaway shareholders gather for 1st annual meeting without Warren Buffet on stage

Berkshire Hathaway shareholders gathered Saturday in Omaha, Nebraska for the first annual meeting without legendary founder Warren Buffett on the stage. In May 2025, Buffett announced he would step down at the…

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Spirit Airlines shutting down after failed effort at government rescue deal
May 2, 2026
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Business

Spirit Airlines shutting down after failed effort at government rescue deal

Spirit Airlines announced early Saturday morning that it was ceasing operations after the budget carrier failed to secure a $500 million federal bailout.  Spirit Aviation Holdings, the airline’s parent…

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Spirit Airlines poised to cease operations as soon as Saturday, barring last minute intervention
May 2, 2026
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Business

Spirit Airlines poised to cease operations as soon as Saturday, barring last minute intervention

Spirit Airlines is essentially out of available cash, so barring last-minute intervention, the company is poised to cease operations as soon as Saturday morning, potentially stranding thousands of…

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More Americans are quitting their U.S. jobs to work abroad, study finds
May 1, 2026
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Business

More Americans are quitting their U.S. jobs to work abroad, study finds

More U.S.-based workers are leaving the country for what they see as greener — and less office-bound — pastures abroad. Over the last five years, the share of…

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Could the FCC yank ABC’s TV licenses amid Trump spat with Kimmel?
May 1, 2026
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Business

Could the FCC yank ABC’s TV licenses amid Trump spat with Kimmel?

The Federal Communications Commission would face major obstacles in stripping Disney of broadcast licenses for its ABC television stations, according to legal experts. The FCC on Tuesday ordered…

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“Ozempic breath” is boosting Hershey’s sales of mints and gum
May 1, 2026
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Business

“Ozempic breath” is boosting Hershey’s sales of mints and gum

Candy giant Hershey is getting a sales boost from an unexpected consumer segment: users of GLP-1 weight-loss drugs. Hershey CEO Kirk Tanner said in the company’s first-quarter earnings call…

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Oil prices hit wartime peak, pushing U.S. gas costs to highest since level July 2022
April 30, 2026
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Business

Oil prices hit wartime peak, pushing U.S. gas costs to highest since level July 2022

Oil prices surged to a wartime high Thursday, with Brent crude, the international benchmark, topping $126 a barrel as concerns grew that the Iran war will drag on,…

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GDP rose at 2% annual rate in first quarter as U.S. economy rebounds
April 30, 2026
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Business

GDP rose at 2% annual rate in first quarter as U.S. economy rebounds

The U.S. economy expanded at an annual rate of 2% in the first three months of 2026, slower than forecasters expected but a rebound from weak growth in…

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