Spirit Airlines blames steep losses on ‘intense’ competition for budget passengers
Spirit Airlines on Thursday reported a steep second-quarter loss due to fierce competition in the low-cost airline industry. The disappointing earnings report came a day after Spirit Airlines, known for its incredibly cheap fares and bare-bones amenities, announced it would launch premium flight packages. “Continued fierce competition for price-conscious leisure travelers further strengthens our belief […]
2025 Corvette ZR1 comes with 1,000hp and possibly, a steep price tag
See what’s clicking on FoxBusiness.com Chevrolet has officially unveiled the new Corvette ZR1, which boasts an impressive amount of horsepower. The General Motors-owned brand announced Thursday that the 2025 Corvette ZR1 sports car will produce an astounding 1,064 horsepower. That’s thanks to a 5.5-liter “twin-turbocharged, DOHC, flat-plane crank V8 engine” that Chevrolet describes as “the […]
House passes Interior bill with steep cuts to EPA
The House passed a partisan appropriation bill Wednesday for the Interior Department, the Environmental Protection Agency, and other related agencies. The measure, which passed 210 to 205, would impose a 20% cut to the EPA and includes several conservative provisions that are likely to doom it in the Senate. The fiscal 2025 spending bill proposes […]