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Spirit Airlines seeks approval to make retention payments as it ends operations
Spirit Airlines requests bankruptcy court approval to pay $10.7 million in retention bonuses as it ceases operations amid failed bailout talks and rising fuel costs.
Q&A: After year of turmoil, new U.Va. president is optimistic
UVa president Scott Beardsley addresses leadership transitions and board changes while advancing university growth and rebuilding trust with faculty and legislators.
US judge blocks Trump administration actions stymieing wind, solar projects
A federal judge in Boston blocked Trump administration policies that delayed wind and solar energy projects, supporting renewable development nationwide.
US trade court weighs legality of Trump 10% global tariff
The U.S. trade court will consider the legality of a 10% global tariff imposed by the Trump administration amid lawsuits by states and businesses.
March jobs report blows past expectations
US employers added 178,000 jobs in march, beating expectations amid energy price concerns tied to the iran conflict, signaling labor market resilience.
Drugmakers face 100% tariff unless they cut prices or produce drugs in US
The Trump administration will impose 100% tariffs on imported branded pharmaceuticals unless drugmakers cut prices or produce drugs in the US.
Wall Street rallies as traders bet on potential war off-ramp
Wall Street surged on Tuesday, lifted by speculation about a potential de-escalation in the Middle East conflict that has sent oil prices soaring and fueled fears of global inflation in recent weeks.
US pump prices hit $4 a gallon as Iran war wreaks havoc on global energy supply
U.S. average gasoline prices rose above $4 a gallon on Monday for the first time in more than three years, capping the sharpest monthly rise in decades, data from price tracking service GasBuddy showed, as the U.S.-Israeli war on Iran roiled global energy markets.
Dominion offshore wind farm delivers first power to the grid
Dominion Energy’s Coastal Virginia Offshore Wind project off Virginia Beach’s coast delivered its first power to the grid Monday.
Trump administration to pay $1B to stop two East Coast wind farms
The Trump administration agreed to pay $1 billion to TotalEnergies to stop two offshore wind projects off New York and North Carolina, redirecting funds to oil and gas.
Trump releases AI policy for Congress to pre-empt state rules
The Trump administration unveiled a national AI policy urging Congress to enact uniform legislation to protect children and streamline AI innovation across the U.S.
Oil unlikely to hit $200 a barrel, US energy chief says
U.S. Energy Secretary Chris Wright says oil prices are unlikely to reach $200 a barrel despite disruptions in the Strait of Hormuz caused by the Iran conflict.
