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Spirit Airlines Inc. is losing its chief financial officer to another troubled company — Hertz Global Holdings Inc. — as the carrier works to restructure a crushing debt load and the car rental company reboots after a failed bet on electric vehicles. Hertz is rebuilding after acquiring a fleet of mostly Tesla EV models that renters didn’t want and that cost more to repair than the company anticipated. Hertz also has been hurt by plummeting values for the EVs it bought after Tesla cut prices, resulting in higher-than-expected first-quarter losses of $392 million.

Aslow-motion collapse in the offshore wind industry continues to grow as sticky inflation and supply chain challenges force developers to delay or cancel major projects. In particular, progress towards the Biden administration’s goal of building large amounts of floating wind off the northeastern US coast is just about stalled. Shell, which invested in a series of offshore wind projects in recent years, including offshore the northeastern United States, announced last week it would lay off much of its offshore wind business staff as the oil giant advances its program of refocusing on its core oil and gas business. “We are...

The New York Stock Exchange said Monday it was investigating a "technical issue" that was leading to large fluctuations in the prices of certain stocks including Warren Buffett's Berkshire Hathaway.

Fauci said he does not know where the six foot social distancing rule came fromHe also said that he was unaware of studies recommending masks for kids Bombshell testimony from Dr. Anthony Fauci reveals he made up the six foot social distancing rule and other measures to 'protect' Americans from covid.Republicans put out the full transcript of their sit down interview with Fauci from January just days before his highly-anticipated public testimony on Monday. They plan to grill him about covid restrictions he put in place, that he admitted didn't do much to 'slow the spread' of the virus. Kids'...

Over half of American voters won’t be taking a vacation this summer, and about three-fourths of those unable to take a fun break cited finances as their reason. Meanwhile, rising inflation, dropping real wages, and other disasters continue to plague Joe Biden’s economy. Many Americans increasingly are struggling just to meet basic expenses, and luxuries like vacations are growing more out of reach for the ordinary citizen. Of course, Joe Biden has continued to vacation at an unprecedented rate, but his administration is ensuring that Americans not part of the Democrat elite cannot enjoy the same privilege. The majority of...

Transportation Secretary Pete Buttigieg was asked on CBS News' "Face the Nation" about the $7.5 billion taxpayers have been levied for a nationwide EV charging station network. In the over two years since the funding was announced, the Federal Highway Administration (FHA) has managed to produce only seven, despite the announced plans call for a half million stations being built six years from now by 2030. Buttigieg was unfazed when asked about the numbers.

The Donald Trump campaign has raised a staggering $200 million since the former president was found guilty of 34 felonies last Thursday, his son Eric Trump said Sunday. Eric, who is married to The Republican National Committee (RNC) Co-Chair Lara Trump, said she told him the figure was comprised of over $70 million in small donor fundraising in the three days since his father was found guilty of 34 felonies related to falsifying business records. 'This might be a little inside information, but as I was leaving my house about 37 seconds ago, I asked my wife, what are we...

Nvidia on Sunday unveiled its next generation of artificial intelligence chips to succeed the previous model, which was announced just months earlier in March.Nvidia CEO Jensen Huang announced the new AI chip architecture, dubbed "Rubin," ahead of the COMPUTEX tech conference in Taipei.Rubin comes months after the March announcement of the upcoming "Blackwell" model, which is still in production and expected to ship to customers later in 2024.Huang's announcement of Rubin appears to quicken the company's already-accelerated pace of AI chip advancement.Nvidia has pledged to release new AI chip models on a "one-year rhythm," as Huang put it on Sunday....

The Trump verdict last Thursday overshadowed a far more disturbing portent for New York: yet another daytime attack in the heart of Times Square, the second in a month, this time a machete assault outside a McDonald’s at 45th and Broadway. New York’s failure to control crime — regular crime, not Trump crime — is slowing its tourism recovery, as new statistics from Broadway’s theater industry show. Like New York overall, Broadway is having a slow rebound from the COVID-19 pandemic.

The Biden administration is doing an end-run around the nation’s immigration laws — by giving migrants work permits in record numbers. Since President Biden took office, more than 3.3 million migrants have been given a Employment Authorization Document (EAD), commonly known as the federal work permit, even though many didn’t even legally have the right to be America. And as of February of this year, pending EAD applications stood at an another 1.4 million. In many cases, migrants are given the right to work before they are even given asylum, a green card or other legal documentation that allows them...

New York Times columnist Maureen Dowd said this weekend that her sister is backing former President Trump’s reelection bid following the guilty verdict in the New York hush money criminal trial. In a column published Saturday, Dowd said after the guilty verdict, she called her brother and her sister — both of whom, she said, are Republicans who had hoped for a Ron DeSantis and Nikki Haley victory — to gauge whether Trump’s conviction had been a final straw for them. Dowd said she was surprised to hear that her sister was swayed in the other direction. “I wasn’t going...

During the pandemic, the American people started to feel that Big Government was very cozy with Big Pharma. Now we know just how close they were. New data from the National Institutes of Health reveals the agency and its scientists collected $710 million in royalties during the pandemic, from late 2021 through 2023. These are payments made by private companies, like pharmaceuticals, to license medical innovations from government scientists. Almost all that cash — $690 million — went to the National Institute of Allergy and Infectious Disease (NIAID), the subagency led by Dr. Anthony Fauci, and 260 of its scientists....

Liberal singer John Legend blamed "disinformation" and ideas about "masculinity" for driving Black and Latino voters to support former President Trump this election. "I do think Trump performs a form of masculinity that is appealing to some men," Legend reacted to a question about polls showing Trump's increased support from younger Black voters, in an interview with "Pod Save America" on Tuesday. "That may explain the uptick." The coach on "The Voice" went on to argue that these voters wrongly believe the economy has been suffering under President Biden.

One of the best-known grocery chains in the Northeast announced it's closing an unspecified amount of stores. Yet another business with ties to New York is closing multiple locations. The news follows what can only be described as a landslide of abrupt closings. Retro Fitness in Yorkville ceased operations on May 22, a few days after Wheelock Rides out of Syracuse took its final bow. Not only that, Freihofer's bakery shut its doors for good after 140 years, including its Verona location. And, just yesterday, BNY Mellon announced it's shuttering its Oriskany Business Park location. These local closures come as...

It’s the preeminent civil rights issue of our day: the protection of girls in women’s sports. Last month’s stolen victory by a male runner in the girls’ 400-meter dash at the Washington state championships underscores a heightened sense of urgency for current and future generations of female athletes. Lauren Matthew, West Valley School District’s top-seeded runner, is just the latest young woman to lose a title to a mediocre male claiming to be female. Naturally, the boy secured the championship by one second.

LONDON (AP) – Halla Tomasdottir, a businesswoman and investor, has won Iceland’s presidential election, topping a crowded field of candidates in which the top three finishers were women, the country’s national broadcast service reported. Tomasdottir was elected to the largely ceremonial post with 34.3% of the vote, defeating former Prime Minister Katrin Jakobsdottir, with 25.2%, and Halla Hrund Logadottir, with 15.5%, RUV said Sunday.

John Catsimatidis, Grant Cardone react to Trump being found guilty on all 34 counts in hush money trial Prominent business executives have warned that more New York enterprises and their leaders may fall victim to "no rule of law" in the wake of Donald Trump’s guilty verdict. "If they can do this to a business person like Donald Trump, they could do it to anybody in New York and a lot of businesses. A lot of people are concerned that there is no rule of law," billionaire CEO John Catsimatidis said Friday on "Mornings with Maria." "If they can do...

(NEXSTAR) – Gary Millerchip, the new CFO and executive vice president of Costco, shared a frank message with investors and analysts while hosting his very first Costco earnings call on Thursday afternoon. “To clear up some recent media speculation, I also want to confirm the $1.50 hot dog price is safe,” said Millerchip, shortly after welcoming attendees to the company’s Q3 earnings call. The price of Costco’s hot-dog-and-soda combo, at $1.50, has remained unchanged since the item was added to menus in the mid-1980s. But recent comments from Richard Galanti, Costco’s former CFO, left some consumers feeling uncertain about the...

The first rule in crisis communications is this: Protect the brand. When faced with a crisis that could explode in the media, crisis communicators work to minimize damage to the brand. But should Amazon be running the violent abduction of its employee, Alexander “Sasha” Troufanov, like a classic crisis communications scenario instead of exhausting all means and resources to free him? Shortly after the New York Post reported in November that Sasha, an Amazon employee in its Tel Aviv lab, had been kidnapped by Hamas on Oct. 7, I did a round of pro bono media outreach to offer Sasha’s...

Steven Piluso, 52, has worked for many years as a marketing operations and strategy consultant. He says the initial social contract that created loyalty to jobs was broken by the employers, not employees. To fix the problem, companies should focus on giving Gen Z and millennials benefits that matter to them. After college graduation at age 22, I got my first job at an advertising agency. At the orientation, sitting with mostly entry- or low-level employees, an HR rep went over a lot of confusing information — stuff about common stock, benefits, and a pension plan. I thought to myself,...