Spirit Aviation Holdings Inc. is winding down operations after the troubled US discount carrier buckled under the weight of surging fuel prices and a government bailout dangled by President Donald Trump fell through.
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Telegraph Senior Foreign Correspondent Adrian Blomfield provided an on-the-ground, and on the water, report from the Strait of Hormuz. Blomfield joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss how Iran maintains its blockade despite losing much of its naval forces. (Source: Bloomberg)
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Exxon Mobil Corp. and Chevron Corp. posted stronger-than-expected earnings for the first quarter as higher oil and natural gas prices outweighed production outages from the Iran war. Bloomberg Opinion Energy and Commodities Columnist joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)
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The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by The Telegraph Senior Foreign Correspondent Adrian Blomfield, Actor Ben McKenzie, The Points Guy Managing Editor Clint Henderson and GasBuddy Head of Petroleum Analysis Patrick De Haan. (Source: Bloomberg)
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The collapse of Spirit Airlines is cascading through airports across the US, leaving passengers stranded mid-journey and sending rival carriers into rapid-response mode to contain the damage. (Source: Bloomberg)
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Columbia University’s credit outlook was revised to negative by Moody’s Ratings, which cited rising risks tied to the “federal environment for higher education.”
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Thyssenkrupp AG said it and Jindal Steel International agreed to pause talks about the Indian company acquiring a stake in its steel unit.
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Formula One racing returns to Miami this weekend, with the fourth leg in the world championship speeding through south Florida. Bloomberg Hot Pursuit Co-hosts Matt Miller and Hannah Elliott join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss all things F1. (Source: Bloomberg)
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An India-linked tanker laden with liquefied petroleum gas has managed to transit the Strait of Hormuz, a rare crossing that underscores the country’s struggle to alleviate an historic energy crisis.
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China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, in a defiant move aimed at softening the impact of penalties.
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Hungary’s incoming government said it plans to take emergency steps to help farmers as a dry spell during much of April is leading to a severe drought in the grain-producing country.
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First-quarter earnings season is delivering Wall Street better-than-expected results, propelling US equities’ run from one record to the next.
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Berkshire Hathaway Inc.’s cash pile jumped to its highest level ever, reaching $397 billion, inGreg Abel’s first quarter as chief executive officer. Bloomberg Intelligence Senior Analyst Matthew Palazola joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)
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As the US naval blockade in the Strait of Hormuz tightens around Iran’s oil trade, exports have plunged in recent weeks and storage is rapidly filling. Already, the country has begun curbing production, according to a senior Iranian official.
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Adam Back has spent weeks being asked yet again, in various forums and by various people, whether he is the inventor of Bitcoin.
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The United States will withdraw about 5,000 troops from Germany, the Pentagon said Friday, fulfilling President Donald Trump's threat as he clashes with the German leader over the U.S. war with Iran.
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Democrats could have a narrow path to winning the Senate, with these specific states on the table.
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Caught in limbo after the fall of Syria's Bashar al-Assad, Kurdish families struggle with cold, loss and uncertainty — feeling abandoned by the U.S. allies they once fought alongside.
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Winnie Madikizela-Mandela is one of the most revered — and controversial — women in South African history. In a new documentary her granddaughters examine the liberation icon in all her complexity.
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Nearly a third of Americans get less than the recommended seven hours of sleep a night. A lot of us struggle to get to bed as we power through tasks or get lost in endless scrolling. Here's help.
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Nicole Saphier, a breast cancer radiologist, is the president's third nominee for surgeon general. Will she get confirmed?
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The White House Correspondents Association Dinner was one of several incidents of gun violence in the U.S. last week. Others ended in injuries and fatalities.
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Narges Mohammadi, an Iranian activist and 2023 Nobel Peace Prize laureate, was hospitalized after collapsing in prison. Her family says her condition has deteriorated since a March heart attack.
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The U.S. Air Force has finished modifying and testing a Boeing 747 jet donated by Qatar for temporary use as Air Force One and expects to have it ready for President Trump to use this summer.
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The low-cost carrier, which had been struggling for years, announced it will cease operations. Spirit had been seeking a $500 million lifeline from the White House, but talks failed to yield a deal.
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Op-ed: Valve has made a dent in Windows' gaming share, but can it keep going?
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"We had serious inbound attempts to the cosmodrome that day."
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"In 25 years, the average score... has never been so low."
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Trump lashes out at Cassidy while announcing his new nomination.
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In addition to being full of screens, China now wants its cars to be packed with AI.
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Two launches this week delivered 61 more satellites to orbit for the Amazon Leo broadband network.
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AI ModelForge is a platform that teaches men how to generate their own AI influencers.
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Chip shortages and demand from AI enthusiasts are both playing a part.
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It's not clear whether Virgin Galactic has the cash reserves to fund a prolonged test phase.
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We'll soon get to see the brand's first EV; first, a more honed V12 four-seater.
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New results suggest Mythos' cyber threat isn't "a breakthrough specific to one model."
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Different hunting patterns seem to dictate different distributions of metal.
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Crushing soda cans for science, why dolphins swim so fast, how urine helps mushrooms communicate, and more
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Acoustic fire suppression goes commercial.
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Overtuning can cause models to "prioritize user satisfaction over truthfulness.”
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AWS stops billing Middle East cloud customers as repairs to war damage drag on.
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More evidence of Grok CSAM seen as Minnesota passes nudifying app ban.
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Senator decries "blatant, brazen corruption," wants to target Trump admin next.
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The outage has hampered communication concerning a critical vulnerability that gives root.
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Doctors suspect three factors, each unremarkable on its own, contributed to his fate.