Talks to bail out Spirit Airlines stall as company teeters toward collapse
April 30, 2026
Permalink
Business

Talks to bail out Spirit Airlines stall as company teeters toward collapse

Spirit Airlines only has enough available cash to continue operations for a matter of days, not weeks, and talks for a government-backed rescue of the no-frills carrier have…

Continue Reading →

Fed holds interest rates steady for third straight meeting, as Powell vows to remain as governor
April 29, 2026
Permalink
Business

Fed holds interest rates steady for third straight meeting, as Powell vows to remain as governor

Federal Reserve Chair Jerome Powell said on Wednesday that he plans to remain as a board governor after his term ends in May, announcing the move after the…

Continue Reading →

Senate Banking Committee advances Kevin Warsh’s nomination for Fed chair
April 29, 2026
Permalink
Business

Senate Banking Committee advances Kevin Warsh’s nomination for Fed chair

The Senate Banking Committee voted on Wednesday morning to advance the nomination of Kevin Warsh, President Trump’s pick to lead the Federal Reserve, bringing him a step closer to taking…

Continue Reading →

American Airlines tightens rules for portable chargers amid lithium battery concerns
April 29, 2026
Permalink
Business

American Airlines tightens rules for portable chargers amid lithium battery concerns

American Airlines this week will introduce new restrictions on portable chargers that passengers can bring on flights for their electronic devices. Starting Friday, American Airlines customers may carry…

Continue Reading →

Feds have rejected 15% of businesses’ tariff refund claims
April 29, 2026
Permalink
Business

Feds have rejected 15% of businesses’ tariff refund claims

Roughly 15% of tariff refund requests have been rejected since a government reimbursement portal launched on April 20, according to U.S. Customs and Border Protection (CBP).  As of…

Continue Reading →

FCC orders Disney to file for early license renewal after Trump calls for Jimmy Kimmel to be fired
April 28, 2026
Permalink
Business

FCC orders Disney to file for early license renewal after Trump calls for Jimmy Kimmel to be fired

The Federal Communications Commission on Tuesday said it has ordered the Walt Disney Co. to file for early license renewal applications for its ABC television stations.  The FCC…

Continue Reading →

United Arab Emirates says it will permanently leave OPEC on May 1
April 28, 2026
Permalink
Business

United Arab Emirates says it will permanently leave OPEC on May 1

The United Arab Emirates said on Tuesday that it is leaving the OPEC oil cartel after more than 50 years of membership. The UAE said its decision to…

Continue Reading →

California billionaire tax secures enough signatures to make ballot
April 28, 2026
Permalink
Business

California billionaire tax secures enough signatures to make ballot

Proponents of a proposal to tax California billionaires say they have obtained enough signatures for the measure to appear on the November ballot.  The measure, proposed by Service…

Continue Reading →

Hundreds of Google workers urge CEO to refuse classified AI work with Pentagon
April 28, 2026
Permalink
Business

Hundreds of Google workers urge CEO to refuse classified AI work with Pentagon

Hundreds of Google employees are urging CEO Sundar Pichai to refuse to make the company’s artificial intelligence tools available for the Pentagon in classified settings. In an open letter to…

Continue Reading →

AI “agents” can do your shopping. Should you let them?
April 27, 2026
Permalink
Business

AI “agents” can do your shopping. Should you let them?

Artificial intelligence “agents” promise to do everything from tidying up your email like Marie Kondo declutters a closet, to buying you a pair of heels based on your…

Continue Reading →