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MORE FROM BUSINESS

Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says

Spirit is far smaller than Southwest and even smaller than it was last year, but it competes with the airline in cities like Nashville and Columbus, Ohio.
A yellow Spirit Airlines plane flies in the sky above trees
A yellow Spirit Airlines plane flies in the sky above trees
4h ago

Tampa Bay Rays withdraw from planned $1.3 billion ballpark, citing storms and delays

Displaced from their home stadium in St. Petersburg, the Rays are set to play this season’s home games across Tampa Bay at the New York Yankees’ spring training facility.
Tropicana Field
Tropicana Field

Trump threatens 200% tariff on E.U. wine and liquor

The new tariffs would add to a growing list of taxes levied by the U.S. against trading partners as part of a growing trade war between once-close allies.
Jameson Irish whiskey bottles.
Jameson Irish whiskey bottles.

Wall Street turmoil rattles retirement savers, turning financial planners into therapists

One adviser said his anxious clients don’t want to hear, “Do nothing. It’s going to be all right.”
US-NYSE
US-NYSE

Donatella Versace steps down as head of Italian fashion house

Versace, 69, stepped up to lead the Italian luxury fashion house after her brother, Gianni Versace, was murdered outside his Miami Beach mansion in 1997.
Donatella Versace in New York on Dec. 2, 2018.
Donatella Versace in New York on Dec. 2, 2018.

Trump's economic troubles put Republicans on the defensive

The administration is in the awkward position of explaining why Trump's election didn't lead to the promised economic boost.
Trump Johnson and Martin Capitol Reception - Washington
Trump Johnson and Martin Capitol Reception - Washington

Canada hits U.S. with $21 billion of retaliatory tariffs as global trade war heats up

Canada’s announcement comes even though a détente was reached Tuesday over the threat of a 25% surcharge on U.S. electricity consumers.
A worker cuts a piece of steel for a customer at North York Iron, a steel supplier in Toronto
A worker cuts a piece of steel for a customer at North York Iron, a steel supplier in Toronto
1d ago

S&P 500 closes higher on soft inflation report; Nasdaq jumps 1% as traders snap up tech shares

Though the tech sector is off about 3% week to date, the cohort bounced Wednesday to lead the S&P 500 higher.
Traders Search For Havens As US Stock Selloff Rattles Nerves
Traders Search For Havens As US Stock Selloff Rattles Nerves

Trouble is brewing for local beer companies as Trump slaps tariffs on aluminum

President Donald Trump’s 25% tariffs on steel and aluminum took effect Wednesday, putting some small brewers in a tough spot.
Image: Craft Breweries Brace For Cost Increases With Trump Administration's Aluminum Tariffs
Image: Craft Breweries Brace For Cost Increases With Trump Administration's Aluminum Tariffs

Elon Musk's politics are hurting Tesla, 85% say in investor survey

The Tesla executive’s efforts to slash the federal government’s spending and workforce have drawn the ire of critics who see him as working too haphazardly.
Image: President Donald Trump and Tesla CEO Elon Musk
Image: President Donald Trump and Tesla CEO Elon Musk

Senators to Trump Social Security nominee: 'You will be responsible' if benefits are interrupted

The Social Security Administration recently announced plans to cut 7,000 employees and close regional offices.
Sen. Elizabeth Warren, D-Mass.,  during a Senate committee hearing ion Feb. 27, 2025.
Sen. Elizabeth Warren, D-Mass.,  during a Senate committee hearing ion Feb. 27, 2025.

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