U.S. Nears Loan to Rescue Spirit Airlines

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.

By Lauren Hirsch and Niraj Chokshi

Exclusive | Trump Administration Nearing Rescue Deal for Spirit Airlines - WSJ

Exclusive | Trump Administration Nearing Rescue Deal for Spirit Airlines  WSJ

US may extend $500mn in rescue funding to Spirit Airlines

Money would come with equity warrants that could make government majority owner of struggling discount carrier

Trump’s FCC launches inquiry into gender identity in kids’ TV shows

Federal Communications Commission will look into the TV ratings system and whether shows with transgender or non-binary characters demand a warning for parents The Federal Communications Commission (FCC) is launching a new inquiry into the TV ratings system, including whether content related to gender identity is not adequately flagged for parents, in the latest warning shot to broadcasters from the agency headed by the Trump loyalist Brendan Carr. The new proceeding, announced on Wednesday, ...

By Adrian Horton

Trump administration delays rule aimed at improving disability access in schools

Schools, colleges and other public institutions originally had until this week to make online content accessible to people with disabilities. Now, the Justice Department has delayed that deadline.

By Jonaki Mehta

Mark Cuban shoots down presidential bid as he teams up with Trump admin to cut healthcare costs

Mark Cuban says he is working closely with the Trump administration's TrumpRx program to lower drug costs through his Cost Plus Drugs pharmacy platform.

Trump officials give mixed guidance on grad school debt under new student loan cap: Financial aid group

Trump officials have provided mixed guidance on whether certain grad school loans will count toward a new student loan borrowing limit, a financial aid group says.

Trump team demands ‘entry fee’ before Canada talks, Carney says US doesn’t dictate terms

The US does not get to dictate the terms of coming trade talks, Canadian Prime Minister Mark Carney said on Wednesday, following reports Washington wants an “entry fee” before agreeing to open negotiations. The United States and Canada are set to hold talks on revising a North American free trade agreement, a pact US President Donald Trump signed and praised during his first term but now dismisses as “irrelevant”. Quoting multiple Canadian sources, Canada’s public broadcaster CBC reported on...

By Agence France-Presse

Spirit Airlines may get a bailout. What’s in it for U.S. taxpayers?

Ailing Spirit Airlines was hoping to emerge from bankruptcy in the next few months. The government may lend it a helping hand sooner.

By Claudia Assis

Trump team delays pilot program for Medicare to cover cost of ‘fat shot’

Without insurance or discounts, GLP-1 injectables can cost more than $1,000 per month

By Ariana Baio

How Trump team plans to rescue Spirit Airlines with $500M loan amid bankruptcy crisis | Explained

Trump administration considers $500 million loan for struggling Spirit Airlines to ensure liquidity and prevent collapse.

Trump FCC Launches New Look Into TV Ratings System, Singling Out Gender Identity Issues “Included Or Promoted” In Children’s Programs

The FCC has launched a new inquiry into the TV ratings system, including whether issues of gender identity are being included in children’s programming without flagging that content to parents. The proceeding, announced on Wednesday, is the latest scrutiny that the agency’s chairman, Brendan Carr, has placed on program content. In responding to Donald Trump’s […]

By Ted Johnson

Our anti-HIV jab will be rolled out in six weeks. But funding cuts hollowed out the system needed to deliver it

The uptake of the once-every-six-month HIV prevention jab lenacapavir (LEN) in South Africa will be heavily affected by the Trump administration’s funding cuts to the country, a new report has found. Researchers conducted in-depth interviews with doctors, nurses, peer counsellors, transgender and young people, sex workers, gay and bisexual men and government health workers with personal experience of the funding cuts in Cape Town and Johannesburg

By Eyaaz

Trump Admin Nears Possible Rescue Deal For Spirit Airlines As 14,000 Jobs At Risk

Trump Admin Nears Possible Rescue Deal For Spirit Airlines As 14,000 Jobs At Risk The Wall Street Journal reports that the Trump administration is nearing a rescue deal for bankrupt Spirit Airlines that could include up to a $500 million loan in exchange for warrants that would give the federal government a potentially large equity stake. The WSJ noted that the Transportation and Commerce Departments are involved in talks to help save struggling Spirit, which faces the risk of...

By Tyler Durden