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Spirit Airlines Prepares To Shutter Operations As Trump Rescue Deal Falls Apart

Spirit Airlines Prepares To Shutter Operations As Trump Rescue Deal Falls Apart The Wall Street Journal reports that bankrupt Spirit Airlines is preparing to wind down operations after failing to secure a $500 million lifeline from the Trump administration. WSJ reports: The ailing budget airline had been hoping to finalize a $500 million lifeline from the government before running out of cash. The discount carrier hasn't been able to get sufficient support between certain bondholders and the government to secure the funding to keep it in business, people familiar with the matter...
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Jul 21, 2026 / Tyler Durden
Blackstone Just Made A Physical AI Bet On Actuator-Maker Powering Humanoid Robots
Blackstone Just Made A Physical AI Bet On Actuator-Maker Powering Humanoid Robots Blackstone, the world's largest alternative asset manager, is making a big investment in Futronic, a 33-year-old automotive supplier whose motion-control technology has been adapted for industrial and humanoid robots, according to Reuters. The deal values the South Korean firm at about 1 trillion won ($676.04 million), according to a person with knowledge of the matter. -RTRS  The deal comes just ahead of the expected rise of physical AI, with forecasts from top desks indicating that global robot deliveries could begin...
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Jul 24, 2026 / Joshua Mawhorter
The Anti-Slavery Advocates of Disunion
The anti-slavery disunionists and the abolitionists were some of the most critical of slavery and the most serious about ending it. For them, decentralization and secession were potential solutions not problems in ending slavery.
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May 15, 2026 / Tyler Durden
Samsung Strike Threat Sparks Selling Contagion In Memory Stocks
Samsung Strike Threat Sparks Selling Contagion In Memory Stocks President Trump's China trip has concluded, with the multi-day summit producing comments from both sides that pointed to warming bilateral relations. As Trump returns aboard Air Force One on Friday morning, traders are shifting focus to overnight turmoil in South Korea, where labor action risks rattled Samsung shares and other memory stocks, and dragged the country's benchmark KOSPI index lower. Samsung’s strike is set to formally begin on May 21. Because the company’s semiconductor fabs are already highly automated, the impact...
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