Spirit says it is shutting down and ceasing operations immediately

Tech Insider : Business, Economy, Travel
Spirit Airlines
Spirit Airlines has operated for nearly 50 years, and its ultra-low-cost fares pushed prices down on many routes.

Kevin Carter/Getty Images

The Swiss government has put a stop to some Credit Suisse banker bonuses after public backlash over the state-engineered rescue plan

Tech Insider
Chairman of the Board of Directors of UBS, Colm Kelleher and Chairman of the Board of Directors of Credit Suisse, Axel Lehmann attend a news conference on Credit Suisse after UBS takeover offer, in Bern, Switzerland, March 19, 2023.
Colm Kelleher, the chairman of UBS, looks to shake hands with Axel Lehmann, his counterpart at Credit Suisse, on Sunday.

Denis Balibouse/Reuters

Credit Suisse shares tumble 55% as its UBS rescue deal fails to calm bank-crisis jitters

Tech Insider
Credit Suisse logo
Credit Suisse in Geneva.

Fabrice Coffrini/AFP/Getty Images

Nobel economist Paul Krugman says the Silicon Valley Bank collapse has led to 'apocalyptic rhetoric' in markets, but almost none of it is true

Tech Insider : Economy
RTR31M2E
Paul Krugman.

REUTERS/Brendan McDermid

'Shark Tank' investor Kevin O'Leary says he's telling startup CEOs to limit bank deposits and brace for the next 'black swan idiot' blowup

Tech Insider
kevin oleary shark tank
Kevin O'Leary.

Mark Davis / Staff / Getty Images

European authorities slam 'total and utter incompetence' of US regulators in handling SVB collapse

Tech Insider
SVB

(Photo by Nikolas Liepins/Anadolu Agency via Getty Images)

A Silicon Valley Bank employee attempted to serenade Elon Musk with an Alanis Morissette parody, pleading for the billionaire to buy the failed bank

Tech Insider
Ironic parody
A Silicon Valley Bank employee sang a parody to Elon Musk, pleading for him to buy the bank.

LinkedIn/Mona Maitra

The Silicon Valley Bank crisis is 'clearly' a bailout, says former FDIC chairman William Isaac

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People walk in the rain with an umbrella outside Silicon Valley Bank
People walk past Silicon Valley Bank.

Justin Sullivan/Getty Images

Why Silicon Valley Bank's customers were bailed out

Tech Insider
svb silicon valley bank building cop

Justin Sullivan/Getty Images

It's crystal clear now: More banks are going to fail

Tech Insider
nyse svb first republic trading floor

Timothy A. Clary/AFP via Getty Images

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