Spirit Airlines Shuts Down After Rescue Efforts Fall Short
By Tom Ozimek Budget carrier Spirit Airlines said Saturday it will halt all operations immediately, canceling all flights and beginning an orderly wind-down after a...
US to Release up to 92.5 Million Barrels of Oil From Reserves
By Naveen Athrappully The United States is considering releasing up to 92.5 million barrels of crude oil from its Strategic Petroleum Reserve (SPR), with the...
Pentagon Forges Partnership With Leading AI Companies
By Stacy Robinson The Pentagon has entered into an alliance with seven leading artificial intelligence (AI) companies, the Department of War announced on May 1....
Chevron, Exxon Decline to Boost Oil Production Despite Trump Admin Requests
By Guy Birchall ExxonMobil and Chevron have said they won’t boost oil production despite the Trump administration’s calls for them to do so to help...
Trump Announces New 25 Percent Tariff on Cars and Trucks From EU
By Jack Phillips President Donald Trump announced Friday that he will increase the tariffs on cars and trucks imported from the European Union to 25...
US Treasury Warns Ships Not to Pay Strait of Hormuz Tolls to Iran
By Jack Phillips The Treasury Department on Friday warned it will impose sanctions on ships that pay a toll to Iran to pass through the...