The Trump administration is negotiating a deal that would provide as much as $500 million to the struggling company, which is in its second bankruptcy in two years.
Category: Prices (Fares, Fees and Rates)
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Lufthansa Cuts 20,000 Flights to Save Fuel Amid Iran War Price Surge
Global jet fuel prices have jumped more than 70 percent since the start of the war, pressuring airlines in Europe, the largest consumers of jet fuel shipped through the Strait of Hormuz.
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Oil Prices Creep Up as Investors Weigh Cease-Fire Extension
Oil prices stablized as investors scrambled to make sense of President Trump’s decision to extend the cease-fire with Iran
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Hoarding Is Driving Energy Prices Higher Everywhere
As wealthy nations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.
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A $440,000 Breast Reduction: How Doctors Cashed In on the No Surprises Act and Arbitration
A law meant to end surprise medical billing accidentally created a multibillion-dollar industry that is making doctors richer.
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Strait of Hormuz May Not Return to Normal, Whether It’s Open or Closed
The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.
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Trump Dismisses a Merger While Seeking Suitors for Spirit Airlines
As he rejected the idea of a merger of United Airlines and American Airlines, President Trump said someone, including possibly the federal government, should buy or help Spirit.
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UnitedHealth Group Reports Flat First-Quarter Earnings
One of the nation’s largest insurers, the company’s profits were higher than analysts’ expectations but still fell short of showing a significant comeback.
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Baggage Fees Are Up. Here’s How to Avoid Them.
Airline passengers are feeling the pain in rising fees, as the war in Iran weighs on the price of jet fuel. Loyalty programs and certain credit cards can help ease the burden.
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Oil Prices Recede and Stocks Gain as Investors Eye Peace Talks
Oil prices pulled back and stocks inched higher as investors looked to the possibility of a second round of peace talks between the United States and Iran.
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The Peace Rally Gets Derailed
Oil prices are climbing and global stocks are falling as investors worry about the prospects for a speedy end to the war in the Middle East.
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Why Gas Prices Go Up Fast and Take So Long to Fall
Fuel station owners take some of the hit for consumers when oil prices surge. On the way down, they try to get their money back.