Airlines Files Bankruptcy

Spirit Airlines Files for Bankruptcy

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 - 6 hours 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 ...

Spirit Airlines files for Chapter 11 bankruptcy protection

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

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 - 4 hours ago

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 - 1 hour ago

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

Spirit Airlines Inc. filed for a voluntary, pre-arranged Chapter 11 bankruptcy early Monday, capping a tumultuous period for the low-cost airline in which efforts to merge with two rivals fell ...

Business - MarketWatch - 32 minutes ago

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

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 mulls bankruptcy, sending its stock price into nosedive

Spirit Airlines, weighed down by mounting debt, is considering filing for bankruptcy protection.

What travelers need to know about Spirit Airlines' bankruptcy

Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines 13 years ago.

Business - CNBC - 2 hours 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.

Spirit Airlines warns its equity would be wiped out if it reaches bankruptcy deal with its creditors

Spirit Airlines Inc.’s stock cratered 55% Wednesday, on track for its biggest-ever one-day decline, after the company warned that its equity would be wiped out as part of a restructuring deal that ...

Business - MarketWatch - 4 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 - 4 days ago

Fintech Klarna files for IPO in US

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

Business - Financial Times - 5 days ago

Florida medical device maker Exactech declares bankruptcy

Exactech faces more than 2,000 lawsuits alleging it sold defective knee and hip implants.

Judge Clears Path for Tupperware Brands to Exit Bankruptcy

The decision allows for the sale of Tupperware Brands to a group of lenders.

Business - Inc. - October 31

Struggling With Debt? Bankruptcy Can Provide a Second Chance.

Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it can provide much-needed relief.

Business - The New York Times - November 9

No joke: The Onion wins bankruptcy auction for Alex Jones' Infowars

The Onion, the satirical news company that repeatedly spoofed conspiracy theorist Alex Jones, has won the bankruptcy auction for control over his media empire — most notably Infowars, the ...

The Onion Buys Alex Jones’s Infowars Out of Bankruptcy

The satirical news site intends to turn Infowars into a parody of itself. But the court overseeing the bankruptcy put a hold on the sale pending a hearing next week.

Business - The New York Times - 3 days ago

The Onion buys Alex Jones' Infowars at bankruptcy auction

Satirical publication The Onion, with the support of Sandy Hook families, purchased the bankrupt site of conspiracy theorist Alex Jones.

The Onion buys Alex Jones' Infowars at a bankruptcy auction

Satirical publication The Onion bought the conspiracy theorist outlet Infowars, but now its former owner Alex Jones is going to court to stop the sale. Infowars was auctioned off after a judge ...

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 - Yesterday

Sweden's Klarna Files for U.S. IPO

The payments specialist filed registration documents with the SEC, but said the number of shares and the price range for the proposed offering haven’t yet been decided.

Business - The Wall Street Journal - 5 days ago

Klarna Confidentially Files for U.S. IPO

The Swedish ‘buy now pay later’ company began the process for a stock market listing with the Securities and Exchange Commission.

Business - Inc. - 4 days ago

Southwest Airlines Settles Boardroom Fight

Southwest will add five board members as a concession.

Business - Inc. - October 25

24 Hours in Mumbai With an Airline Pilot

Flight crews see the world in 24- to 48-hour bites between international flights. On this trip, the stop is the crowded city on India’s west coast.

Top stories - The New York Times - October 31

Ex-employee sues Suns, cites multiple allegations

Andrea Trischan, a former Suns employee, seeks what the team said is $60 million in damages after filing a lawsuit against it, alleging discrimination, retaliation and wrongful termination.

Sports - ESPN - 3 days ago

Empty Tables and Rising Costs Push More Restaurants Into Bankruptcy

Red Lobster, Roti and other chains are closing locations as chapter 11 filings grow.

Business - The Wall Street Journal - October 21

Reeves wraps up ‘grim’ spending talks amid council bankruptcy fears

Local government expected to suffer further squeeze in chancellor’s first Budget

Business - Financial Times - October 23

Judge scolds Giuliani for not turning over assets, including car he's driving

Giuliani got a tongue lashing Thursday in federal court after missing a deadline to turn over valuables to two election workers he defamed. He owes the women $148 million in damages.

Future of Alex Jones' Infowars in hands of bidders at bankruptcy auction

Bidders interested in acquiring the media company founded by conspiracy theorist Alex Jones will battle it out at a bankruptcy auction Wednesday, potentially silencing his Infowars broadcasting ...

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