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How Antitrust Populists Drove Spirit Airlines Out of Business

Antitrust populists claimed blocking the Spirit–JetBlue merger would protect competition and consumers. But their effort entirely misdiagnosed the problem with the airline industry, leading to an intervention that strengthened the very oligopoly they set out to fight.
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Apr 5, 2026 / Tyler Durden
California Bans Government Officials From Using Insider Knowledge To Bet On Prediction Markets
California Bans Government Officials From Using Insider Knowledge To Bet On Prediction Markets Authored by Dylan Morgan via The Epoch Times, California Gov. Gavin Newsom on Friday issued an executive order banning state officials from using insider knowledge to profit, or assist another person in profiting, on prediction markets, effective immediately. The governor’s office said there have been mounting reports of individuals in the federal government with access to sensitive government information placing well-timed bets ahead of major Trump administration actions. These reports are currently allegations and have yet to be verified. “Public...
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May 3, 2026 / Tyler Durden
Big Tech Is Funding Space Solar And Fusion While Running On Gas
Big Tech Is Funding Space Solar And Fusion While Running On Gas Authored by Haley Zaremba via OilPrice.com, Meta signed a deal with startup Overview Energy to develop up to 1 gigawatt of space-based solar power, though a pilot satellite won't launch until 2028 at the earliest -- and commercial viability remains years away. Despite clean energy ambitions, Big Tech is still heavily dependent on natural gas: Meta is funding 10 new gas plants for its Louisiana data center campus, and Google is building a major gas facility in North Texas. Google admitted...
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Apr 30, 2026 / Tyler Durden
Senator Finds More Evidence Federal Officials Evaded FOIA
Senator Finds More Evidence Federal Officials Evaded FOIA Authored by Zachary Stieber via The Epoch Times (emphasis ours), A U.S. senator and his team say they have uncovered additional evidence that federal officials worked to evade requests made under the Freedom of Information Act (FOIA). Sen. Ron Johnson (R-Wis.) speaks during an interview with The Epoch Times at his office in the Hart Senate office building in Washington on March 21, 2024. Madalina Vasiliu/The Epoch Times Several emails obtained by Sen. Ron Johnson (R-Wis.) showed personnel with the Food and Drug Administration and...
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