"Looking For Lifeline": Spirit Airlines Asks Trump Admin For Emergency Bailout

Mexico's Cartel Decapitation Strike Fallout: "Not The End, Just The Beginning" Mexican journalist Luis Cárdenas, listed as a journalist at MVS Noticias and a contributor to El Universal and El Heraldo de México, spoke with security analyst Oscar Balmen about the Mexican Army Special Forces' decapitation strike against the Jalisco New Generation Cartel (CJNG) by killing Nemesio "El Mencho" Oseguera Cervantes. Balmen explained to Cárdenas that CJNG "is designed to survive without El Mencho." Cárdenas listed key takeaways from his discussion: The fall of Nemesio Oseguera Cervantes does not mean the end...

China To Import Record Amount Of US Ethane As Iran War Chokes Off Naphtha, LPG Supplies One year ago, in the immediate aftermath of Trump's Liberation Day tariffs, there was a flurry of discussion over who is more reliant on whom: the US on Chinese rare earth materials, or China on US ethane output (see "Chinese Plastics Factories Face Mass Closure As US Ethane Supply Evaporates" and "Who Blinks First? China May Exempt Tariffs On US Ethane & Other Goods"). Following the detente in the US-China trade war, that discussion was...

Billionaire Tax Officially Heads To Nov. 3 Ballot Authored by Madeline Shannon via The Center Square, The controversial union-backed billionaire tax in California is officially heading to the Nov. 3 ballot. Secretary of State Shirley Weber announced the California Billionaire Tax Act exceeded the number of signatures it needed to qualify for the general election. The initiative aims to impose a one-time 5% wealth tax on the Golden State’s billionaires to generate $100 billion in revenue. The tax would apply to assets like art, stocks and bonds. That money would be used to help backfill reductions in...