Skip to main content

Australia Breaking News

Every story in this category, newest first.

Bloomberg

Spirit Airlines Shuts Operations After White House Bailout Collapse

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 US President Donald Trump fell through. Bloomberg Intelligence Senior Aerospace, Defense, and Airlines Analyst George Ferguson and Bloomberg News White House Correspondent Jeff Mason join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

Read more: Spirit Airlines Shuts Operations After White House Bailout Collapse
Bloomberg

What Kevin Warsh Means for the Future of the Fed

The Federal Reserve held its latest policy meeting this week with inflation still elevated, the war in Iran still rattling energy markets, and a new Chair waiting to be confirmed by the Senate. Former economic adviser to President Bush and Columbia Business School dean Glenn Hubbard breaks down what the Fed's decision signals about the economy and what Kevin Warsh's incoming leadership could mean for the institution's purpose, strategy, and independence.

Read more: What Kevin Warsh Means for the Future of the Fed
Bloomberg

Harbinger's Williams: Sports are at an Inflection Point

Harbinger Sports Partners Founder Rashuan Williams discusses the 'explosion' and diversification of revenue by many sports franchises, and the switch to 'sports 2.0,' a new business model aimed at maximizing real estate surrounding sporting venues. He talks with Romaine Bostick and Katie Greifeld on "The Close."

Read more: Harbinger's Williams: Sports are at an Inflection Point