Battery Startup Northvolt Files for Bankruptcy Protection

Battery start-up Northvolt files for bankruptcy protection in US

Europe’s big hope for homegrown manufacturing has struggled with production at its factory in northern Sweden

Business - Financial Times - 2 hours ago

Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy

The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.

Tech - The New York Times - 4 hours ago

Spirit Airlines files for Chapter 11 bankruptcy protection

A federal judge had blocked the budget airline's proposed merger with JetBlue.

TGI Fridays Files for Bankruptcy Protection Amid Financial Troubles

Dallas-based TGI Fridays filed for Chapter 11.

Business - Inc. - November 3

Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses

The airline hasn't posted an annual profit since 2019 and lost more than $335 million in the first half of the year.

Business - CNBC - 3 days ago

Northvolt’s future hangs in balance as bankruptcy looms

Troubled European battery maker in race against time to secure short-term funding

Business - Financial Times - 4 days ago

Spirit Airlines Files for Bankruptcy; Lost $2.2 Billion in 5 Years

The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.

Business - The New York Times - 3 days ago

Spirit Airlines files for bankruptcy

Spirit Airlines has filed for bankruptcy protection following its failed merger with JetBlue, an engine recall that forced dozens of its jets to be grounded and weaker than expected sales. Spirit ...

Volvo moves to buy out Northvolt from Gothenburg battery project

Chinese-owned Swedish carmaker is reviewing options for a potential partnership

Business - Financial Times - October 30

TGI Fridays Nears Bankruptcy Filing

The casual-dining stalwart has dealt with slowing sales. A deal to purchase the company fell through earlier this year.

Business - The Wall Street Journal - October 31

How will filing for bankruptcy impact my credit score?

Bankruptcy can help you wipe the financial slate clean — but it can also do some serious damage to your credit.

TGI Fridays Files for Chapter 11 Bankruptcy

The company filed for Chapter 11 bankruptcy protection on Saturday but said its restaurants would remain open while it works on a “restructuring process.”

Business - The New York Times - November 2

Flights not impacted after Spirit Airlines files for bankruptcy

Failed sales and mergers and an engine recall that forced dozens of jets to be grounded have pushed Spirit Airlines to file for bankruptcy. CBS News senior transportation correspondent Kris Van ...

Budget Carrier Spirit Airlines Files for Bankruptcy

The country’s largest budget carrier will cut its year-end schedule by 20 percent as it struggles to return to profitability.

Business - Inc. - 3 days ago

What Spirit Airlines' bankruptcy filing means for travelers

Spirit Airlines has filed for Chapter 11 bankruptcy protection in the wake of growing debt and a failed merger with JetBlue.

Breaking down why Spirit Airlines filed for bankruptcy

Spirit Airlines, the nation's largest discount airline, has filed for bankruptcy protection. The company has had at least two failed merger attempts in recent years as it struggled to rebound from ...

TGI Fridays files for bankruptcy, as sit-down chain restaurants face challenges

TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.

Spirit Airlines files for bankruptcy following mounting debt and a failed merger

Spirit Airlines said Monday it has filed for Chapter 11 bankruptcy protection after struggling with losses, growing debt and a failed merger during the post-pandemic travel lull.

Spirit Airlines files for bankruptcy amid mounting financial losses

Biggest US budget airline says it expects to operate as normal as it works its way through Chapter 11 process. Spirit Airlines said Monday that it has filed for bankruptcy protection and will ...

World - The Guardian - 3 days ago

Personal bankruptcies are up. When does it make sense to file?

Americans struggling to stay financially afloat should consider debt relief before tapping into retirement accounts, experts say.

Elon Musk's X Corp. files notice in Alex Jones' Infowars bankruptcy case

Attorneys for X Corp., the firm established by Elon Musk to take over Twitter, filed a notice of appearance on Thursday in the bankruptcy case of Alex Jones and his Infowars platform.

Spirit Airlines files for bankruptcy after tumultuous period in which two attempted mergers fell through

Spirit Airlines filed for voluntary, prearranged chapter 11 bankruptcy early Monday after reaching an agreement with its bondholders, capping a tumultuous period for the low-cost airline in which ...

Business - MarketWatch - 3 days ago

Will new battery-powered trains replace diesel, and are they safe?

Manufacturers see lithium power as the future of rail travel in the UK - but the trains could pose unique challenges.

Volvo Cars says it will not support Northvolt as it slashes sales guidance

Swedish group says it will not invest in its battery group partner amid softening demand for vehicles in key markets

Business - Financial Times - October 23

Why Elon Musk’s Plan to Reinvent EV Batteries Was Dissed by a Chinese Battery Leader

Inside Tesla a team has been feverishly working to reinvent the power cells that make EVs work. The founder of the world’s biggest battery maker said the effort was doomed to fail.

Business - Inc. - 6 days ago

The Onion to acquire Infowars out of bankruptcy

Satirical website wins auction for media business controlled by conspiracy theorist Alex Jones

Business - Financial Times - November 14

Fintech Klarna files for IPO in US

Swedish buy now, pay later pioneer submits documents for widely anticipated flotation

Business - Financial Times - November 13

Startup Thinking: A Blueprint for Corporate Transformation

Change your culture so employees feel empowered to experiment, collaborate, and make decisions.

Business - Inc. - November 1

Managing Team Conflict for Startup Success

Practical strategies to boost collaboration, innovation, and growth.

Business - Inc. - November 9

Biden administration expands tax credit for producing solar, wind and battery components

The Biden administration is expanding a federal tax credit that seeks to incentivize domestic production of components for solar and wind energy, as well as batteries. The Treasury Department ...

Politics - The Hill - October 24