Northvolt CEO resigns as Europe’s big hope for a battery champion files for bankruptcy

The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the U.S.

Business - CNBC - Yesterday

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 - 2 days ago

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 - Yesterday

Northvolt chief warns of faltering green transition after battery maker’s bankruptcy

Europe’s best-funded start-up raised $15bn but was left with just $30mn in cash

Business - Financial Times - Yesterday

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 - 4 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 ...

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 - 6 days ago

‘There was so much promise’: How Northvolt tumbled into bankruptcy

Battery champion became a symbol of Europe’s ambitions and then its failings on its way to Chapter 11 proceedings

Business - Financial Times - Yesterday

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

Northvolt CEO Peter Carlsson Steps Down

The Swedish battery maker said Carlsson will become a senior adviser as the company enters U.S. bankruptcy and initiates a debt restructuring. The search for a new chief executive is underway.

Business - The Wall Street Journal - Yesterday

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

Spirit Airlines files for Chapter 11 bankruptcy protection

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

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. - 5 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 ...

Suzuki Motor unveils battery EV e VITARA in Europe

World - Yahoo News - November 5

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.

TGI Fridays Files for Bankruptcy Protection Amid Financial Troubles

Dallas-based TGI Fridays filed for Chapter 11.

Business - Inc. - November 3

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 - 5 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.

More than ever, Europe needs growth champions

The companies on the first FT-Statista ranking of European companies by long-term revenue growth show what is possible

World - Financial Times - 3 days ago

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.

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 - 5 days ago

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 - 5 days ago

Díaz hat-trick dashes Alonso’s hopes on Champions League return to Liverpool

The finest tribute to Xabi Alonso, Arne Slot wrote in his programme notes, “is to be the best Liverpool that we can possibly be with no quarter asked and no quarter given.” His team obliged ...

World - The Guardian - November 5

The end of Germany’s dysfunctional coalition offers Europe new hope

Paralysis in Berlin is a big reason the EU is ill-prepared for Donald Trump’s return

World - Financial Times - November 7

Big Tech CEOs send well wishes to Trump

Tech world reactions came from leaders including Mark Zuckerberg and Jeff Bezos.

Big-name investors bought FanDuel owner Flutter Entertainment, filings show

High-profile investors including Dan Loeb have flocked to Flutter Entertainment, the Irish gambling company that is the main owner of FanDuel and moved its primary listing to the U.S. in May.

Business - MarketWatch - November 15

Intuit Maintains Full Year Guidance; CEO Says Trump Administration Won't Build Tax-Filing App

President-elect Donald Trump’s incoming administration doesn’t “want to add to the bureaucracy and they don’t want to add investments to create something…that already exists,” said Chief Executive ...

Business - The Wall Street Journal - Yesterday

Latest in Northvolt CEO resigns as Europe’s big hope for a battery champion files for bankruptcy