Before it collapsed, Spirit Airlines built model the industry copied
The scrappy discounter that once rattled the industry with cheeky ads and rock-bottom fares took its final flight after 34 years of upending the business of flying.
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Landlords want to be paid for pandemic losses, hope to reach deal with Trump administration
More than 1,500 property owners who filed a federal lawsuit are hoping to recoup as much as $1.5 billion — a fraction of what the industry lost.
Yemen introduced world to coffee. Now, its coffeehouse culture is booming in US.
Yemeni coffeehouses are opening at a rapid pace across the United States, including in the Indianapolis area.
Spirit Airlines ends operations immediately, impacting about two dozen weekly flights in Indy
The budget airline said ticket holders should not go to the airport and that it won’t provide help in booking travel on other airlines.
Trump says he’ll place 25% tariff on autos from EU, accusing it of not complying with trade deal
President Trump said in a social media post that the European Union “is not complying with our fully agreed to Trade Deal.”
Alex Palou lands multiyear Ganassi contract extension after banner week at Indy testing
Since joining Chip Ganassi Racing six seasons ago, Spanish driver Alex Palou has shown to be a generational talent who is quickly working his way through IndyCar’s record books.
LIV Golf seeks new funding without Saudi backing, shakes up board
LIV Golf is scheduled to play a tournament Aug. 21-23 in Westfield at The Club at Chatham Hills.
Trump signs bill funding the Department of Homeland Security, ending record shutdown
The bipartisan legislation, which funds much of the Department of Homeland Security but not its immigration enforcement operations, ends the longest agency shutdown in history.
New analysis suggests Americans overcharged by $150B a year to insure homes, autos and businesses
Research by the economists found that average premiums for home insurance climbed an inflation-adjusted 28% between 2017 and 2024.
Stocks rally to finish best month since 2020, even as oil prices whipsaw
Alphabet led the way and rallied 10% after the owner of Google and YouTube reported profit for the latest quarter that almost doubled analysts’ expectations.
Crude oil tops $125 a barrel over Iran war concerns
The Iran war, which is in its ninth week, still sees no clear path to an end.
Elon Musk tells his side of OpenAI’s beginnings in trial pitting him against CEO Sam Altman
Despite moments of levity, the stakes are high at the trial, which could sway the balance of power in artificial intelligence.
Chair Yasir Al-Rumayyan leaving board of LIV Golf as Saudi funding dries up, report says
LIV Golf is scheduled to play a tournament Aug. 21-23 in Westfield at The Club at Chatham Hills.
UPDATE: Powell plans to stay on at Fed after his term as chair ends, citing legal actions by administration
The Federal Reserve left its benchmark interest rate unchanged for the third straight meeting but signaled it could still cut rates in the coming months, moves that attracted the most dissents since October 1992.
Supreme Court weakens a landmark Civil Rights-era law and aids GOP efforts to control the House
The effect of the ruling may be felt more strongly in 2028 because most filing deadlines for this year’s congressional races have passed.
OxyContin maker Purdue Pharma set to dissolve after judge approves its criminal sentence
The settlement is among the largest in a series of settlements by drugmakers, wholesalers and pharmacies in recent years.
Fed likely to leave rates unchanged at what might be Powell’s last meeting
Federal Reserve Chair Jerome Powell could signal he will stay with the Fed even as a Senate panel is expected to confirm his replacement.
Sorsby’s gambling addiction casts light on issue that could affect thousands of college athletes
Experts fear the recent gambling issues that have arisen in college sports are just the “tip of the iceberg.”
GM expects $500M tariff refund from levies the Supreme Court struck down
GM anticipates paying $2.5 billion to $3.5 billion in tariff costs for 2026, down from an original estimate of $3 billion to $4 billion.
LIV Golf and Louisiana officials plan to postpone tour’s New Orleans event, sources say
LIV Golf tournament is scheduled to play a tournament Aug. 21-23 in Westfield at The Club at Chatham Hills.