Category: Shutdowns (Institutional)

Ford Says an Affordable Electric Pickup Truck is Still Coming Next Year

The New York Times – Business:
Ford Motor has written off $20 billion in electric vehicle investments but says it is forging ahead with an electric pickup that will sell for $30,000 next year.
Spirit Airlines’ Demise Could Help Other Airlines

The New York Times – Business:
Even in its reduced state, the company played an important role in forcing other airlines to keep fares low, some experts said.
Jeeves and Ask.com Shut Down After Almost 30 Years

The New York Times – Business:
The pioneering search engine shut down on May 1, after nearly 30 years in operation.
Spirit Airlines Cancels All Flights, Stranding Passengers

The New York Times – Business:
The budget carrier abruptly canceled flights early on Saturday, leaving passengers to rush to make other plans. “Even if they go back into business, never again,” one traveler said.
Loss of Emirates Further Weakens OPEC’s Influence

The New York Times – Business:
The exit of the United Arab Emirates is the most significant in a series of departures from the oil cartel in recent years.
Trump Dismisses a Merger While Seeking Suitors for Spirit Airlines

The New York Times – Business:
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.
The Night the Government Closed the Skies Over El Paso

The New York Times – Business:
A high-energy laser weapon and a power struggle between federal agencies brought a night of hassles to the city.
A Squabble in D.C. Yields Chaos in El Paso

The New York Times – Business:
A high-energy laser weapon and quarrels between federal agencies brought a night of hassles to the city.
European Airlines Face Fuel Shortages Within Weeks

The New York Times – Business:
If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights.
TSA Lines Are Shorter. The World Cup and a Lengthy Shutdown Could Change That.

The New York Times – Business:
Security lines are shorter, but the shutdown continues and pay is unresolved. With the World Cup around the corner, T.S.A. agents are tempering their expectations.
T.S.A. Lines Appear to Be Getting Shorter as Workers Begin to Receive Paychecks

The New York Times – Business:
The hourslong waits at airports appear to be easing after the president signed an order to pay Transportation Security Administration officers.
At Non-TSA Airports, Wait Times Are Minutes, Not Hours

The New York Times – Business:
A handful of airports, including San Francisco and Kansas City International, participate in a program that lets them rely on private screeners instead of T.S.A. agents.