Business

Spirit once upended the industry by offering very low fares but was in its second bankruptcy in two years after years of struggle.

Berkshire Hathaway (BRK.B) on Saturday reported $11.35 billion in operating earnings and a record cash pile in the first quarter under CEO Greg Abel, the successor to famed investor Warren Buffett. Berkshire Hathaway’s massive cash pile rose to more than $397 billion in the first quarter, up from the $373 billion at the end of…

April brought major development news across the Tri-Cities, from a 100-year vision for West Richland to new restaurants, hospital deals and an environmental settlement. Here’s a quick look at some of the business stories that shaped the month. Click the links to read each article. • West Richland is inviting public comment on a bold…

Spirit Airlines is shutting down, in a move that will affect thousands of scheduled flights and nearly as many employees. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The troubled budget carrier cancelled all flights and announced an “orderly wind-down” of operations, effective immediately early Saturday. “To our…

Spirit Airlines says that it has “started an orderly wind-down of our operations, effective immediately” while the outcome of talks between the airline and the federal government over a $500 million rescue deal for the remains unclear. Spirit Airlines’ final flight was flight 1833 which travelled from Detroit to Dallas and landed early Saturday morning…

Spirit Airlines says that it has “started an orderly wind-down of our operations, effective immediately” while the outcome of talks between the airline and the federal government over a $500 million rescue deal for the remains unclear. Spirit Airlines final flight was flight 1833 which travelled from Detroit to Dallas and landed early Saturday morning…

WEST PALM BEACH, Fla. (AP) — Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced Saturday that it has gone out of business after 34 years. The ultra-low cost airline that once operated hundreds of daily flights on its bright yellow planes and employed about 17,000…

The earlier plan, which would have seen the US government take effective ownership of as much as 90% of the airline, faced stiff opposition from Wall Street, Capitol Hill and even a member of Trump’s own cabinet. Transportation Secretary Sean Duffy told Reuters a rescue would amount to tossing “good money after bad”.

Patients with one of the deadliest cancers have been pleading for an unapproved treatment that may prolong their lives.