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Spirit Airlines tumbled the most in nine months as hundreds of flight cancellations angered passengers and fueled chaos at the discount carrier’s home airport in Florida. Videos posted to social media showed passengers screaming, pushing and shoving at one another, and clashing with law-enforcement officers at Fort Lauderdale-Hollywood International Airport. The alter…

Nation and World

By Michael Birnbaum and Anthony Faiola Anti-European Union leader Marine Le Pen’s larger-than-expected defeat Sunday at the hands of centrist Emmanuel Macron in France’s presidential election was a crushing reality check for the far-right forces that seek to overthrow Europe: Despite the victories for Brexit in Britain and Donald Trump in the United States, they are…

Nation and World

By Chris Strohm Former National Security Adviser Susan Rice denied accusations that the identities of officials associated with President Donald Trump’s campaign or transition team were “unmasked” in classified intelligence reports in order to spy on them for political purposes. In an interview Tuesday with MSNBC, Rice didn’t deny requesting that intelligence…

Nation and World

By Chris Strohm, Billy House and Toluse Olorunnipa FBI Director James Comey confirmed the bureau is probing potential ties between President Trump’s associates and Russia during the 2016 campaign and said there’s no evidence to support the president’s allegation that his predecessor “wiretapped” Trump Tower last year. “I have no information that supports …

Nation and World

By Terrence Dopp Andrew Puzder withdrew Wednesday as President Donald Trump’s labor secretary nominee as controversy deepened over his personal life and private sector background. Puzder had been scheduled for a Senate confirmation hearing on Thursday. The fast-food executive ran into trouble on Capitol Hill over his admission that he employed an undocumented house…

Forty-five-year-old Canadian Prime Minister Justin Trudeau – hailed by Joe Biden as one of the last champions of liberalism – headed to Washington for his first meeting with President Trump, 70, whose bellicose statements and immigration restrictions reveal a deep gulf between the two leaders. The two leaders met privately at the Oval Office, attended a roundtable w…

Nation and World

By Lu Wang and Joseph Ciolli Thinking too hard about investing doesn’t get you anywhere, wrote Jesse Livermore, legendary trader of the Roaring ’20s. To make the really big money, you just need to “be right and sit tight.” Rarely has Livermore’s advice been harder to take than in the last 12 months. Between the worst start to a year ever, the violent rever…

Nation and World

By Jennifer Jacobs and Mark Niquette President-elect Donald Trump denounced publication of uncorroborated memos alleging the Russian government had gathered potentially damaging information on him, and he said he would remove himself from his businesses to avoid conflicts of interest while president. Trump's first formal news conference since July was originally sche…

By Jennifer Jacobs President-elect Donald Trump has picked lawyer Robert Lighthizer to head the U.S. Trade Representative office, his transition team said Tuesday in a further sign the incoming administration will take a tougher line on China. "He has extensive experience striking agreements that protect some of the most important sectors of our economy, and has repe…

Nation and World

By Liam Vaughan and Jared S. Hopkins About one in 19 generic drugs sold in the U.S. during the past three years have undergone major price hikes that may be consistent with collusion, according to a wide-ranging study that comes in the middle of a sprawling Justice Department investigation into pharmaceutical price-fixing. Fideres Partners, a London-based consultanc…

WASHINGTON – Vice President Joe Biden won’t seek the Democratic presidential nomination in 2016, ending months of deliberation and speculation and clearing the path for Hillary Clinton.The long process of grieving over the death of his son Beau has closed the window on any chance of mounting a presidential campaign, Biden said in a hastily arranged announcement from th…

Apple Inc., already the world’s largest company by market capitalization, hit a record intraday value: $700 billion.Shares of Apple rose to as much as $119.75 at the start of trading in New York Tuesday, giving the company a valuation of more than $702 billion, a milestone that no other U.S. company has ever reached. The stock ended up falling less than 1 percent to $117…

WASHINGTON – U.S. aviation regulators are investigating three reports since Nov. 16 of drones flying close to airliners near New York’s John F. Kennedy International Airport.Pilots on a JetBlue Airways flight told the Federal Aviation Administration they spotted a drone as they approached JFK at 1:50 p.m. Wednesday, the agency said in a statement.Crews on two flights n…

The share of small-business owners boosting compensation for their workers fell to a 10-month low of 18 percent in September, signaling slower U.S. wage growth.A total of 15 percent of managers said last month that they anticipate increasing wages, according to the seasonally adjusted net results of 608 respondents in a survey by the National Federation of Independent Busi…