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BREAKING: Spirit Airlines shuts down after 34 years, stranding passengers and leaving 15,000 people without a job
BREAKING: Spirit Airlines says they started "an orderly wind-down" of their operations "effective immediately." All flights have been cancelled, and customer service is no longer available, according to a statement via SpiritRestructuring dot com.
Association of Flight Attendants-CWA confirms that Spirit Airlines will permanently cease operations at 3 am ET Saturday. Here is the full statement:
BREAKING: Spirit Airlines will permanently shut down at 3 a.m. ET, union says
The last Spirit Airlines flights landed in Dallas, Texas a short time ago, ahead of the company ceasing all operations at 3 am ET.
After failing to achieve a bailout or any kind of relief agreement with the Trump Administration, Spirit Airlines, one of America’s most well known ultra low-cost airlines which has been operating since 1990, is expected to cease all operations in roughly three hours, as early as
At least 50 Spirit Airlines flights have been cancelled for tonight, according to FlightAware, as the company is expected to cease operations at 3 a.m. ET Saturday, 5 hours from now.
Nickel, cobalt, manganese, and copper are critical components in everything from batteries to advanced weapons. For now, the global market for them runs through China. But seabed mining could give the U.S. a new, more secure source.
UPDATE: Spirit Airlines is preparing to shut down as early as tonight, according to the Wall Street Journal. The odds of a government bailout have dropped to just 30%, according to @Kalshi.
GameStop is preparing to make an offer for eBay, as part of an audacious plan to build itself into a $100 billion juggernaut. - WSJ
Spirit Airlines is now expected to cease operations at 3 AM ET on Saturday. - WSJ
Spirit Airlines is now expected to cease operations at 3 AM ET on Saturday, per WSJ.
NEW: GameStop is preparing an offer to acquire eBay, according to a report from The Wall Street Journal.
TRUMP: "The stock market is hitting record numbers. We have more people working in the USA today than we've ever had working... now, when this war ends, gasoline, and oil, and everything — it's going to come tumbling down."
IMO Climate Talks Stay Alive as Carbon Plan Survives U.S. Pushback at MEPC 84
SNAP is now blocking soda, candy, and energy drinks in 18+ states, with Florida shoppers seeing EBT cards declined at checkout for items previously covered, forcing out-of-pocket payments.
Trump on Spirit Airlines: "If we can do it, we'll do it, but only if it's a good deal... I said I'd like to save the jobs, but we'll have an announcement sometime today. We gave them a final proposal."
Venezuela's oil exports are actually taller than Iran's for the first time in six years.
AAA reports the national average price for a gallon of gas has climbed above $4.39, rising 9 cents since Thursday.
TRUMP: "We raised the tariffs on cars coming in from the European Union because the European Union was not adhering to the trade deal we have... now, when they build their plants [here]... there won't be any tariffs."
Venezuela Oil Exports Hit 7-Year High as U.S., India, Europe Ramp Up Buying
U.S. Treasury Expands Hormuz ‘Toll’ Warning, Puts Maritime Industry on Notice
Petros Pappas-led Star Bulk, which is partnering with Diana Shipping in its bid to take over Genco, received a similar brush-off from Genco last year, it emerges
The week in newbuildings: Orders valued at a combined $7.2bn signed at shipyards in Asia and Europe https://t.co/aceuRw1yQK
BIMCO has published a charterparty clause designed to provide standard terms for the maritime transport of liquefied carbon dioxide
This is fantastic @SteveHiltonx. It is absolutely insane that Gavin shut down refineries and made California dependent on Iraqi oil. BUT please do not fall into the liberal “Bunker fuel is nasty” talking point. Historically, sailors slept in bunks and kept their belongings in
Coal’s ‘last stand’ keeps bulker markets buoyant as energy security fears reshape demand
Stephen Moore: "This is an amazing new concept that The President came up with. You're talking about over 40M people who will now not just be workers, but they'll be owners... it's a good deal for workers!"
BREAKING: Spirit Airlines is reportedly preparing to shut down after a proposed $500 million government bailout collapsed, leaving the discount carrier short on cash. The airline was unable to secure enough backing from bondholders or federal support to finalize the funding
The Japanese yen jumped after top officials signaled they’re ready to step in with further market intervention, but analysts say it’s still under pressure due to the widening interest rate gap between the U.S. and Japan.
Global vehicle carrier fleet capacity is set to expand significantly again in 2026, at levels comparable to the record growth seen in 2025 https://t.co/vY7M1SGTB3
IMO politics on the Net-Zero Framework appear unchanged on the big questions, as debate shifts to how much of its finished text is open to revision
FREE TO READ: Hormuz crisis at two months - a tale of four shipping markets
Aggregate marine insurance exposure to the Strait of Hormuz crisis sits at around $20bn for hull war risk and billions of dollars more for cargo
Thanks to @SullyCNBC @KellyCNBC One additional point, the U.S. is growing GDP at 6%…fastest in the world (and fastest since early 2000s) whilst Europe is stuck below 1% . clear that Europe is a backwater…the retirement capital of the United Staes.
Impacts will diverge sharply…prices will reflect how far each nation leaned into ill-conceived “green” policies. Let’s see which countries have the most difficulties with distillates (jet fuel, diesel, etc)statistics will expose the stupidity of policy planners. @PowerLunch 1/2
Europe’s feckless governments are now trying to cut the “green” rope they tied around their own necks two decades ago. From shutting down nuclear plants to state nationalization…remarkable. The veritable “deposition” of Europe’s nuclear capacity. 🇺🇸
Sec. Bessent: "Through Trump Accounts, you will have a direct stake in the American economy and can track your savings and investments in real time…don't miss out on this historic opportunity."
TRUMP: "We had the biggest tax cut in history, and people are getting five, six, seven, eight thousand dollars back... What we've done is we've cut taxes so much, and some of those taxes no longer even have to be reported, like No Tax on Tips."
President Trump said he will remove tariffs and restrictions on whiskey tied to trade between Scotland and Kentucky following a White House visit by the U.K.’s King and Queen, adding the move is aimed at boosting cooperation between the two industries.
Navy’s Modest $602M Unfunded Request Includes 6 Military Construction Projects — USNI News https://t.co/43cSlEoPIv
Navy’s Modest $602M Unfunded Request Includes 6 Military Construction Projects — USNI News https://t.co/SGLtFhFnKS
BREAKING: The White House confirms that President Trump will sign a major executive order today aimed at helping Americans better plan for retirement by expanding access to retirement savings accounts for workers without employer-provided plans.
Fiscal Year 2027 Navy Unfunded Priority List to Congress — USNI News https://t.co/9XgNc6l9M4
