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Yahoo
a day ago
- Business
- Yahoo
New lawsuit seeks to force return of collected tariffs following court ruling
A new lawsuit filed in the U.S. Court of International Trade seeks to force the Trump administration to return tariffs it collected under the president's 'Liberation Day' announcement now that the court has ruled them unlawful. Chapter1 LLC, a Las Vegas-based skincare start-up, said it paid nearly $23,000 under the challenged tariffs when it imported a custom machine to mix its serum and toner products from China. The suit says the company's owner, 25-year-old Ali Shaubzada, ordered the machine in the fall, using most of his savings and business lines of credit. It arrived in the U.S. earlier this month, with the duties outpacing the roughly $16,000 cost of the machine itself. 'To pay for this unexpectedly large bill, Ali had to take out a personal loan,' the complaint reads. The class-action suit seeks to recover Chapter1's tariff payment and the billions in payments made by businesses across the country following Trump's announcements. 'Hundreds of thousands of other American businesses have exactly the same claim, based on exactly the same legal theory, against the United States: Each importer has a claim against the United States for repayment of the tariffs it paid,' the lawsuit states. Chapter1 is represented by Gerstein Harrow. The Hill has reached out to the Justice Department for comment. The suit, filed Thursday, comes a day after the trade court invalidated the bulk of Trump's tariffs. The three-judge panel unanimously ruled that the administration's broad interpretation of the International Emergency Economic Powers Act (IEEPA), a federal law that authorizes the president to impose necessary economic sanctions during a national emergency, is unconstitutional. Trump previously cited trade deficits as emergency justification to impose his 'Liberation Day' tariffs, which imposed a 10 percent rate on all imports and higher, reciprocal tariffs on dozens of U.S. trading partners. Wednesday's ruling also blocked Trump's IEEPA tariffs on Mexico, Canada and China dating back to February that pointed to an influx of fentanyl coming across the border. The U.S. Court of Appeals for the Federal Circuit temporarily lifted the order on Thursday but is expected to issue a new ruling after receiving written arguments from the parties in the coming days. Separately, a federal district judge in the nation's capital blocked Trump's use of IEEPA in response to another lawsuit. The administration has appealed that ruling, too. But the judge provided two weeks before his order goes into effect, meaning that no court injunction is currently blocking any of Trump's tariffs, for now. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


The Hill
a day ago
- Business
- The Hill
New lawsuit seeks to force return of collected tariffs following court ruling
A new lawsuit filed in the U.S. Court of International Trade seeks to force the Trump administration to return tariffs it collected under the president's 'Liberation Day' announcement now that the court has ruled them unlawful. Chapter1 LLC, a Las Vegas-based skincare start-up, said it paid nearly $23,000 under the challenged tariffs when it imported a custom machine to mix its serum and toner products from China. The suit says the company's owner, 25-year-old Ali Shaubzada, ordered the machine in the fall, using most of his savings and business lines of credit. It arrived in the U.S. earlier this month, with the duties outpacing the roughly $16,000 cost of the machine itself. 'To pay for this unexpectedly large bill, Ali had to take out a personal loan,' the complaint reads. The class-action suit seeks to recover Chapter1's tariff payment and the billions in payments made by businesses across the country following Trump's announcements. 'Hundreds of thousands of other American businesses have exactly the same claim, based on exactly the same legal theory, against the United States: Each importer has a claim against the United States for repayment of the tariffs it paid,' the lawsuit states. Chapter1 is represented by Gerstein Harrow. The Hill has reached out to the Justice Department for comment. The suit, filed Thursday, comes a day after the trade court invalidated the bulk of Trump's tariffs. The three-judge panel unanimously ruled that the administration's broad interpretation of the International Emergency Economic Powers Act (IEEPA), a federal law that authorizes the president to impose necessary economic sanctions during a national emergency, is unconstitutional. Trump previously cited trade deficits as emergency justification to impose his 'Liberation Day' tariffs, which imposed a 10 percent rate on all imports and higher, reciprocal tariffs on dozens of U.S. trading partners. Thursday's ruling also blocked Trump's IEEPA tariffs on Mexico, Canada and China dating back to February that pointed to an influx of fentanyl coming across the border. The U.S. Court of Appeals for the Federal Circuit temporarily lifted the order on Thursday but is expected to issue a new ruling after receiving written arguments from the parties in the coming days. Separately, a federal district judge in the nation's capital blocked Trump's use of IEEPA in response to another lawsuit. The administration has appealed that ruling, too. But the judge provided two weeks before his order goes into effect, meaning that no court injunction is currently blocking any of Trump's tariffs, for now.
Yahoo
2 days ago
- Business
- Yahoo
Allegiant Reports April 2025 Traffic
LAS VEGAS, May 30, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for April 2025. Scheduled Service – Year Over Year ComparisonApril 2025 April 2024 Change Passengers 1,526,823 1,328,010 15.0 % Revenue passenger miles (000) 1,447,242 1,232,419 17.4 % Available seat miles (000) 1,802,989 1,495,665 20.5 % Load factor 80.3 % 82.4 % (2.1pts) Departures 11,010 9,296 18.4 % Average stage length (miles) 934 911 2.5 % Total System* – Year Over Year ComparisonApril 2025 April 2024 Change Passengers 1,543,689 1,344,077 14.9 % Available seat miles (000) 1,865,323 1,543,609 20.8 % Departures 11,433 9,637 18.6 % Average stage length (miles) 930 907 2.6 % *Total system includes scheduled service and fixed fee contract. System revenue passenger miles and system load factor are not useful statistics as system available seat miles include both ASMs flown by fixed fee flying as well as non-revenue producing repositioning flights used for operational needs. Fixed fee flying is better measured through dollar contribution versus operational statistics. Preliminary Financial Results$ per gallon April 2025 estimated average fuel cost per gallon - system $2.51 Allegiant Travel Company Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant's fleet serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us at Media information, including photos, is available at ALGT/G Note: This news release was accurate at the date of issuance. However, information contained in the release may have changed. If you plan to use the information contained herein for any purpose, verification of its continued accuracy is your responsibility. For further information please visit the company's investor website: Reference to the Company's website above does not constitute incorporation of any of the information thereon into this news release. Allegiant Media Contact:Investor Inquiries: Sonya PadgettSherry Wilson mediarelations@ View original content to download multimedia: SOURCE Allegiant Travel Company Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo
3 days ago
- Business
- Yahoo
Sanford airport adds low-cost carrier offering direct flights to Dominican Republic
A low-cost airline is expanding its U.S. footprint to Sanford, where starting this fall it will offer service to the Dominican Republic as the airport's first new carrier since 2021. Arajet, based in the Dominican Republic, will on Oct. 26 begin direct flights three times a week between Orlando Sanford International Airport and Punta Cana International Airport. Tickets went on sale Wednesday with fares to Punta Cana starting at $138 per person and $162 back to Sanford. 'People are screaming for lower fares,' said Victor Pacheco Mendes, who founded Arajet in 2022 and is chief executive officer. 'And we're going to deliver. … We saw a huge need for lower fares in the [Central Florida] region — but not a cheap product.' Located about 45 miles northeast of Walt Disney World, the Sanford airport has long sat in the shadow of the much-larger Orlando International Airport — which has about 40 airlines and handled more than 57 million passengers last year, making it one of the busiest airfields in the country. By comparison, the Sanford airport (SFB) had nearly 2.9 million passengers go through its gates last year. The airport markets itself as a faster and easier way to catch a flight because it's a smaller facility, but Arajet will become just the second airline providing regular service there. In an email to the Orlando Sentinel, Nicole Martz, Sanford airport's president and CEO, called Arajet's decision to fly out of the airfield an 'exciting' and 'meaningful milestone — not only for our airport but for the communities that we serve on both sides of this new route.' Martz pointed out that nearly 10,000 Seminole residents — and more than 85,000 in Central Florida — are Dominican. 'It's a vital connection that brings families, cultures and communities closer together,' she said of Arajet's route between Sanford and the Dominican Republic. Mendes added that the route will appeal to local residents who want to visit friends and family. 'We're expecting to build a strong presence in Orlando and eventually connect travelers to Santo Domingo,' he said, referring to the Dominican Republic's capital. The airline opened hubs this year in Boston, Chicago, New York and San Juan, and plans to add Miami in June, as it works to increase its U.S. presence Las Vegas-based Allegiant began offering flights out of Sanford in May 2005 and currently serves 59 U.S. destinations. Sun Country, an ultra-low-cost airline based out of Minneapolis-St. Paul International Airport, offers charter flights out of the airport. In late 2021, Flair and Swoop airlines began direct trips to Canada from Sanford. But in 2023, Flair moved to Orlando's airport and Swoop integrated with WestJet, which also flies out of the larger airport. Arajet currently flies to 26 destinations, mostly in the Caribbean and South America — including Ecuador, Colombia, Brazil, Mexico, Argentina and Jamaica. The airline had nearly 1.6 million flyers last year. Mendes said the airline has 10 new Boeing 737-Max 8 jets in its fleet and plans to add three this year and four next year for a total of 17 by the end of 2026. Punta Cana's airport (PUJ) is on Hispaniola's east coast and about 125 miles from Santo Domingo. A tourist destination, Punta Cana is known for its beaches, luxury hotels and resorts.


Tom's Guide
4 days ago
- Entertainment
- Tom's Guide
'Hacks' has officially been renewed for season 5 on HBO Max
The finale episode of "Hacks" season 4 will hit HBO Max on Thursday, May 29 but if you're already starting to miss the biting, brilliant banter between Jean Smart's Deborah Vance and Hannah Einbinder's Ava Daniels, we've got good news: The Emmy-winning comedy will return for season 5, per an official announcement this week from the streaming service. The renewal isn't entirely shocking: The fourth season of the acclaimed comedy series, which debuted on April 10, has been the series' most-watched so far, with each episode's viewership seeing week-over-week growth both domestically and globally, reports Variety. On Rotten Tomatoes, the fourth season holds a stellar 97% approval rating. And "Hacks" — which centers on a legendary Las Vegas-based stand-up comedian (played by six-time Emmy winner Smart) and her complicated professional and personal relationship with a young comedy writer (Einbinder) — is certainly an awards darling, with the show adding to its already jam-packed trophy collection by winning Primetime Emmys for Outstanding Comedy Series, Outstanding Writing and a Lead Actress honor for Smart's star performance last year. A post shared by Max (@streamonmax) A photo posted by on Of the renewal news, Sarah Aubrey, Head of Max Original Programming, said: 'Yes! More! We congratulate 'Hacks' singularly talented cast and crew and our great partners at Universal Television.' 'Like Deborah Vance herself, 'Hacks' only gets bolder, sharper, and more iconic with time," added Erin Underhill, President of Universal Television, in a statement, joining in on the congratulations. "We're beyond thrilled to keep the laughter rolling with Jen, Paul, Lucia, our extraordinary cast and crew, and our partners at Max.' Given that "Hacks" season 4 hasn't yet finished airing on Max, there's no official word yet on when the fifth season will drop on the streamer. However, in an era of exceptionally long waits between TV seasons (we're looking at you, "Bridgerton"), "Hacks" is graciously one of the few shows with a consistent yearly production cycle, which means it seems likely that we'll get to see new hijinks from Deborah, Ava and the gang sometime in spring 2026. Get instant access to breaking news, the hottest reviews, great deals and helpful tips. Along with Smart and Einbinder, the cast of "Hacks" includes Paul W. Downs (who also created the series alongside Lucia Aniello, and Jen Statsky), Megan Stalter, Carl Clemons-Hopkins, Mark Indelicato and Rose Abdoo in the main ensemble, with folks like Kaitlin Olson, Christopher McDonald, Helen Hunt, Julianne Nicholson, Jane Adams, Dan Bucatinsky, Tony Goldwyn, Jimmy Kimmel and the iconic Carol Burnett popping up in memorable supporting roles and guest appearances. Tom's Guide will keep you posted on all things related to "Hacks" season 5, including plot details, casting notices, teaser trailers and more. Stay tuned!