Latest in Spirit Plans Layoffs and Plane Sales Amid Financial Turbulence
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Business - CNBC
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.5 hours ago -
Business - Inc.
Spirit Plans Layoffs and Plane Sales Amid Financial Turbulence
The company disclosed its plans for $80 million worth of cost-cutting moves, but has shared few details.6 hours ago -
Top stories - BBC News
'Baffling decisions' and £564m - inside Ten Hag's turbulent reign
With Manchester United calling time on Erik ten Hag's reign as manager, Simon Stone looks back at yet another troubled period for the club.8 hours ago -
World - The Guardian
‘There is no money’: Cuba fears total collapse amid grid failure and financial crisis
Repeated blackouts leave residents concerned about food, water supply and Cuba’s future. Maria Elena Cárdenas is 76 and lives in a municipal shelter on Amargura Street in Havana’s colonial old ...2 days ago -
Business - CNBC
Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs
Spirit Airlines shares rose after the struggling carrier said it will cut jobs and sell planes.3 days ago -
Business - The Wall Street Journal
Financial Services Roundup: Market Talk
Find insight on Close Brothers, Intesa Sanpaolo, Bank Central Asia and more in the latest Market Talks covering Financial Services.3 days ago -
World - Financial Times
Chapel Down shares plunge after winemaker pulls back on sale plans
England’s largest producer says it will remain independent and also downgrades sales guidance3 days ago -
Business - The Wall Street Journal
Porsche AG Sales Fall Amid Slow EV Market, China Woes
Porsche AG posted lower sales and operating profit as it faced challenges in China and a slower-than-expected shift to electric vehicles.3 days ago -
Top stories - CBS News
Biden unveils new student debt plan for people with financial hardships
President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.3 days ago -
Business - CNBC
Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin
The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.3 days ago -
Business - MarketWatch
Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives
Student-loan borrowers struggling financially may have a path toward debt relief if the Biden administration gets its way.3 days ago -
Business - MarketWatch
Spirit Airlines announces layoffs, jet sales as it tries to stay afloat
Embattled discount airline Spirit Airlines Inc. on Thursday said it would cut staff, scale back flight coverage and sell jets as it seeks a lifeline following its failed merger with JetBlue Airways ...3 days ago -
Business - CNBC
Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.4 days ago -
Business - MarketWatch
Jobless claims fall again as hurricane effects fade. Layoffs back to very low levels.
The number of Americans who applied for unemployment benefits last week fell sharply for the second week in a row to 227,000, reversing a spike in claims earlier in the month after a pair of major ...4 days ago -
Business - The Wall Street Journal
Financial Services Roundup: Market Talk
Find insight on Man Group, Kasikornbank, Swedbank and more in the latest Market Talks covering Financial Services.5 days ago -
Business - CNBC
She had her dream job. Now she's facing death threats, a cyberstalker and growing legal bills
Misinformation researchers say they are facing a more treacherous landscape this election season than in the past, fueled by online trolls and lawsuits.5 days ago -
Business - Inc.
Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels
Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.5 days ago -
Business - The Wall Street Journal
Kering Warns on Profit After Sales Slump Due to Gucci Revamp, Asia Woes
The French luxury group posted third-quarter revenue below analysts’ estimates and said it expects operating profit to nearly halve this year.5 days ago -
Politics - The Hill
Watch live: White House holds press briefing amid Israel war plan leak
White House press secretary Karine Jean-Pierre will brief the press Wednesday afternoon, days after an apparent U.S. intelligence breach related to Israel's plans to strike Iran was unveiled. The ...5 days ago -
Business - The Wall Street Journal
Frontier, Spirit Airlines Revive Merger Talks
The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.5 days ago -
Business - Financial Times
L’Oréal sales disappoint due to weak Chinese demand
Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per cent6 days ago -
Business - Financial Times
Nigeria rejects Shell’s planned sale of $1.3bn onshore production unit
The decision comes the same day as ExxonMobil wins approval for its long-delayed asset sale in Niger DeltaOctober 21 -
Politics - The Hill
Boeing supplier Spirit Aero to furlough employees amid strike
Spirit AeroSystems announced plans to furlough 700 workers for 21 days Friday due to the ongoing Boeing employee strike. The company’s hourly direct, support functions and management employees in ...October 18 -
World - The Guardian
Kamala Harris urged to flesh out climate plan amid warnings about Trump
Democratic presidential nominee has raised alarm about Trump’s plans but has not said much about her own. US politics – live updates As the US south-east struggles to rebuild after two deadly ...October 18 -
Business - Financial Times
The tech sector should brace for further turbulence
Whatever the long term shifts that are making its products more central to everyday life, chips remain highly cyclicalOctober 17 -
Business - Inc.
Social Media Layoffs Hit Meta
The tech giant confirmed an unspecified number of job cuts at WhatsApp and Instagram.October 17 -
Business - Inc.
Boeing Has a $15 Billion Plan to Weather Company Turbulence
The planemaker wants to sell shares and a convertible bond to shore up its shaky finances.October 17 -
Business - The Wall Street Journal
Financial Services Roundup: Market Talk
Find insight on Hong Kong Exchanges & Clearing, St. James’s Place, Man Group and more in the latest Market Talks covering Financial Services.October 17 -
Tech - Wired
GPS Jamming Is Screwing With Norwegian Planes
So much jamming is taking place in northeastern Norway, regulators no longer want to know.October 17 -
Business - The Wall Street Journal
Financial Services Roundup: Market Talk
Find insight on Royal Bank of Canada, RHB Bank, Bank of Queensland and more.in the latest Market Talks covering Financial Services.October 16 -
World - The Guardian
Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown
Shares in LVMH, which also owns Dior, Tiffany and Moët & Chandon, fell by as much as 7%, briefly hitting two-year low. Shares in luxury goods brands slumped after Louis Vuitton ’s LVMH reported an ...October 16 -
Business - Financial Times
Hong Kong slashes tax on spirits to boost nightlife
Chinese territory’s chief executive John Lee tries to turn around economy amid fall in tourism and consumptionOctober 16 -
World - Financial Times
How big is ‘big enough’ for China’s stimulus?
Some estimates and theoriesOctober 16 -
World - Financial Times
EU markets watchdog pushes for extra cyber defences in new crypto rules
Esma asks for amendment to tighten regulation with demand for external audits of defences against hackersOctober 16 -
Business - Financial Times
Secondary sales of private equity stakes set for record levels amid cash crunch
Once-niche market sees surge in activity with investors looking for an exit from ageing assets as deal activity slumpsOctober 16 -
Top stories - NBC News
Boeing prepares layoff notices for thousands of workers as turmoil deepens
Thousands of Boeing staff will get layoff notices within weeks, a union and industry sources said, as a senior U.S. official flew to Seattle to try to ease a crippling strike and a major airline ...October 15 -