Small Importers Risk Losing Billions in Tariff Refunds
Richard Brown runs Proof Culture, a sneaker accessory company, out of his Ohio home. As a small importer, he's struggled to navigate toward tariff refunds.
Business
Spirit Airlines Halts Flights, Starts Orderly Wind-Down
The ultra-low-cost US carrier Spirit Airlines has "started an orderly wind-down of our operations," the company said Saturday. The move was "effective immediately," with all flights canceled and customer service no longer available. The carrier said customers could use its automatic refund process to get money back for their tickets.
How Long Could Iran Withstand a US Naval Blockade?
The Trump administration is trying to force Iran into concessions by cutting off its oil exports. Will it prevail? A ceasefire has been in place between the US and Iran after weeks of fighting, with Washington now seeking ways out of the conflict with Iran. Two options are on the table.
Spirit Airlines Shuts Down After Failed Bailout Talks
Spirit Airlines has announced it will cease operations. The ultra-low-cost carrier has struggled for years and filed for bankruptcy twice since 2024. Spirit had sought a bailout from the Trump administration.
Former Qatari 747 Readied as Temporary Air Force One
President Donald Trump boards Air Force One at Ocala International Airport, in Ocala Fla., Friday, May 1, 2026, after speaking at an event in The Villages, Fla. Matt Rourke/AP hide caption toggle caption Matt Rourke/AP The U.S.
Wyoming Embraces Advanced Nuclear as Reactor License Approved
Terra Power CEO Chris Levesque joined the Bill Gates-backed firm after years working in the legacy nuclear power industry which he says was slow to innovate.
Trump Removes Tariffs on Scotch Whisky After Royal Visit
US President Donald Trump on Thursday said he was lifting tariffs on whisky from the United Kingdom, in a gesture to King Charles III and Queen Camilla after their royal state visit.
Closing the Gender Investment Gap: Are Women Catching Up?
"The catalyst was about mid-2024," says Stephanie Wilks-Wiffen from eToro, an online broker. That was when she read the annual Boring Money report. It showed that the gender investment gap had widened in the UK, with men making up almost 60% of investors.
UAE Leaves OPEC to Prioritize National Strategic Goals
The United Arab Emirates' decision to leave the Organization of the Petroleum Exporting Countries(OPEC) and the wider OPEC+ alliance on May 1, 2026, "reflects a policy-driven evolution aligned with long-term market fundamentals," Suhail al-Mazrouei, the Emirati energy minister, said on X.
Key Disputes Over the EU's Next Long-Term Budget
The adoption of the Multiannual Financial Framework (MFF), the European Union's long-term spending plan, is one of the most sensitive political issues in the bloc. The negotiations are currently entering a critical phase.
How Extreme Heat and Cold Impact EV Range
An electric vehicle charges at an EVgo electric charger in Monrovia, Calif. Justin Sullivan/Getty Images hide caption toggle caption Justin Sullivan/Getty Images Electric vehicle batteries are a lot like people, in one important respect: They're most comfortable in temperatures around 65 to 75 degrees Fahrenheit.
Passenger Rail Ridership Surges as Gas Prices Rise
Passenger railroads see a sharp jump in ridership as gas prices climb Travelers board an Acela train at Union Station in Washington, D.C. in November, 2024. Amtrak reported a 5% increase in ridership in March compared to the year before.