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Spirit Says Most Customers Refunded, Staff Returned
Spirit Airlines said on Sunday it had almost completed refunding passengers and returning its crew to their home bases following its decision to cease operations over the weekend.
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Spirit Airlines Shutdown: What to Do to Get Home and Get Refunds
The collapse of the U.S.-based Spirit Airlines may mark the end of an era for travelers with a certain financial sensibility. But if you've been snagged in their now-defunct flight schedule, here are some things to know on how to get home, and get whole. Many airlines that...
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Spirit Airlines Shuts Down After 34 Years, Ends Operations
Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced Saturday that it has gone out of business after 34 years and had "started an orderly wind-down of our operations, effective immediately."
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Spirit Nears Shutdown After Rescue Deal Fails
Spirit Airlines is on the brink of shutting down after a last-ditch effort to secure funding collapsed, The Wall Street Journal reported Friday.
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Apple Leads Wall St to More Records as Oil Pulls Back
The U.S. stock market rose to more records after Apple, Estee Lauder and others joined the list of companies delivering fatter profits for the start of the year than analysts expected.
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Apple Sales Beat on Mac; iPhone Supply Tight
Apple Thursday reported results that beat Wall Street estimates, with customers showing eagerness to buy a new MacBook model driven by incoming CEO John Ternus, while supply constraints hindered iPhone sales.
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Steve Cohen Steps Down as Point72 President
Steve Cohen, founder of Point72, is handing the title of president to his co-chief investment officer Harry Schwefel and forming a new executive committee that will be responsible for day-to-day operations of the $50 billion multi-strategy hedge fund, an internal memo seen...
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Meta Lifts Capex Forecast, Doubles Down on AI
Meta Platforms raised its annual capital expenditure forecast Wednesday, doubling down on its decision to plow billions into artificial intelligence infrastructure even as it seeks cost savings via planned layoffs.
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Alphabet's Q1 Profit Soars as AI Bets Boost Stock
Google's transition into the era of artificial intelligence continued to pay off for its corporate parent, Alphabet Inc., which Wednesday announced another quarter of the stellar growth that helped to more than double its already lofty market value during the past...
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Microsoft Cloud Growth Accelerates as Spending Cools
Microsoft's cloud revenue growth increased in the March quarter while its spending rose less-than-expected as the software giant looks to convince investors that its big bet on artificial intelligence would pay off.
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Amazon Reports Q1 Increased Profits & Sales
Amazon Wednesday reported a strong increase in profits and revenue during its fiscal first quarter, helped by surging growth in its prominent cloud computing unit.
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Pershing Square Starts Trading at $24 in NYSE Debut
Pershing Square's shares opened at $24 in their New York Stock Exchange debut Wednesday, as investors buy into billionaire activist Bill Ackman's alternative asset management company.
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WH Workshops Plan to Bring Back Anthropic
The White House is weighing new guidance that could ease restrictions on Anthropic, potentially allowing federal agencies broader access to its latest artificial intelligence models despite an ongoing national security dispute...
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Trump Meets Oil CEOs as Iran War Drives Price Surge
President Donald Trump reportedly met with oil and gas executives Tuesday to discuss the effects of the Iran war.
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Spirit Airlines' $500 Million Bailout Talks Stall
Spirit Airlines' discussions over a potential $500 million U.S. government rescue financing have hit an impasse, Bloomberg News reported on Tuesday, citing sources.
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GM Expects $500 Million Tariff Refund After Court Ruling
General Motors is expecting a $500 million tariff refund after the Supreme Court struck down some of President Donald Trump's most sweeping levies.
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SpaceX's Mars-Shot Ties Musk Pay to Colonization Goal
SpaceX's board has approved a compensation plan for founder Elon Musk with goals as futuristic and celestial as the company's ambitions: colonizing Mars and running data centers in outer space.
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Accenture Rolling Out Microsoft Copilot to All 743K Staff
Microsoft is rolling out its Copilot 365 AI assistant to all of Accenture's roughly 743,000 employees, in the biggest enterprise deal for the chatbot as the software giant seeks to convert more of its vast customer base into paying users.
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FAA Eyes Palantir AI to Modernize Air Traffic Control
The Trump administration is considering using Palantir's artificial intelligence tool for air traffic control as some of the nation's aging aviation systems begin to fail, Bloomberg reports.
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Melania: ABC Should Take Stand on 'Coward' Kimmel
First lady Melania Trump said Monday that it's time for ABC to "take a stand" on Jimmy Kimmel after a monologue the late-night talk show host delivered prior to the shooting near a gathering of journalists and politicians over the weekend. "Enough is enough. It is time ...
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Musk Nears 'X Money' Super App Launch
Elon Musk is moving closer to launching X Money, a payments and banking platform built into his social media company, as he tries to turn X into a single destination for both communication and everyday financial activity, Bloomberg reports.
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Eli Lilly to Buy Ajax Therapeutics for up to $2.3 Billion in Cash
Eli Lilly said Monday it would buy privately held blood cancer treatment developer Ajax Therapeutics for up to $2.3 billion in cash.
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United: American Airlines Rebuffed Potential Merger Idea
United Airlines said on Monday the carrier had approached American Airlines about a potential merger, but American declined to engage.
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Elon Musk, Sam Altman in High-Stakes AI Trial
Technology tycoons Elon Musk and Sam Altman are poised to face off in a high-stakes trial revolving around the alleged betrayal, deceit and unbridled ambition that blurred the bickering billionaires' once-shared vision for the development of artificial intelligence. The...
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Budget Airlines Pitch Govt Assistance on $2.5 Billion Relief Plan
A group of U.S. budget airlines, including Frontier and Avelo, is seeking $2.5 billion in U.S. government assistance in exchange for warrants that could convert into equity stakes in the companies, The Wall Street Journal reported on Sunday.