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Battered Budget Airlines Ask White House For $2.5 Billion Lifeline
Battered Budget Airlines Ask White House For $2.5 Billion Lifeline
Budget airlines have requested a $2.5 billion relief package from the Trump administration following a meeting with Transportation Secretary Sean Duffy early last week. This comes as elevated jet fuel prices squeeze operations, and after President Trump confirmed late last week that a possible U.S. takeover of bankrupt Spirit Airlines is under consideration.
The Wall Street Journal reports that a group of budget airlines, including Frontier and Avelo, has requested federal support in exchange for convertible equity stakes in the airlines....
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Sep 29, 2026 / Tyler Durden
EU Eyes Methane Rule Retreat As Energy Crisis Deepens; IEA Floats Another Emergency Oil Dump
EU Eyes Methane Rule Retreat As Energy Crisis Deepens; IEA Floats Another Emergency Oil Dump
The European Union is considering postponing methane emissions requirements for imported oil and gas to help boost energy supplies, with the Northern Hemisphere winter just months away. Energy prices in the bloc are already soaring, and uncomfortably low supplies of diesel and natural gas could push them even higher. The energy-stricken continent faces a difficult balancing act as it fights for its energy security.
Reuters quoted EU Energy Commissioner Dan Jorgensen as saying the bloc could...
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Sep 2, 2026 / Tyler Durden
Another ActBlue Official Pleads Fifth In House Probe of Alleged Foreign Donations
Another ActBlue Official Pleads Fifth In House Probe of Alleged Foreign Donations
Authored by AG News Staff via American Greatness,
Another senior figure at Democratic fundraising platform ActBlue invoked the Fifth Amendment during congressional testimony Tuesday as House Republicans investigate allegations of fraudulent and foreign political donations.
Kimberly Peeler-Allen, a member of ActBlue's board of directors, invoked her constitutional right against self-incrimination while appearing before the House Administration, Judiciary and Oversight committees, according to sources familiar with her testimony.
Kimberly Peeler-Allen, pictured second from the left, attending the 35th Annual Celebrating Women® Breakfast...
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May 18, 2026 / Tyler Durden
Judge Dismisses Musk's OpenAI Lawsuit After Jury Reaches Verdict
Judge Dismisses Musk's OpenAI Lawsuit After Jury Reaches Verdict
A nine-person federal jury has sided with OpenAI, Sam Altman, Greg Brockman, and Microsoft, determining that Elon Musk filed his high-profile lawsuit too late under the statute of limitations. The verdict effectively ends Musk’s claims that OpenAI abandoned its founding nonprofit mission to benefit humanity.
The jury unanimously concluded that Musk knew or should have known about OpenAI’s shift toward a for-profit model and major Microsoft partnerships years earlier - potentially as far back as 2019–2021, making his August 2024 filing untimely. U.S....
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