Bankruptcy Amid Mounting

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 - 7 hours ago

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.

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 - 4 hours ago

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

TGI Fridays Files for Bankruptcy Protection Amid Financial Troubles

Dallas-based TGI Fridays filed for Chapter 11.

Business - Inc. - November 3

C.E.O. of Real Estate Giant Douglas Elliman Retires Amid Mounting Criticism

Howard Lorber faced calls to reduce his compensation, amid allegations of sexual assault by agents and plummeting stock prices.

Top stories - The New York Times - October 22

Fears mount over Trump’s second term amid flurry of shock selections

Dismay as president-elect picks Matt Gaetz as attorney general and Tulsi Gabbard and Pete Hegseth for key roles. Fears that Donald Trump’s second presidency will be more extreme than his first have ...

World - The Guardian - 3 days ago

UFC 309: Jon Jones deserving of criticism amid mounting list of excuses for why he won't fight Tom Aspinall

Jones is doing himself a disservice thanks to ever-changing narratives he keeps creating

Sports - CBS Sports - 2 days ago

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 - 9 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 ...

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

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

Florida medical device maker Exactech declares bankruptcy

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

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.

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

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

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

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. - 2 hours ago

What the Spirit Airlines Bankruptcy Could Mean for Travelers

Flights will still take off and travelers can keep booking tickets, the low-cost carrier said, as the company enters Chapter 11 bankruptcy.

Business - The New York Times - 15 minutes ago

Pressure mounts on VW to finally confront the reality of restructuring

The carmaker must overcome internal resistance to changes necessary to boost competitiveness

Business - Financial Times - October 23

Mount Fuji Snowless For Longest Time In 130 Years

World - Yahoo News - November 1

Knowledge workers are leaning on generative AI as their workloads mount

A recent Thomson Reuters report found that the average knowledge worker expects AI to save them four hours per week.

Tech - VentureBeat - November 6

Snow back on Mount Fuji after longest absence

One of Japan's most popular tourist attractions is once again donning its famed snowcap.

The Papers: 'Pressure mounts on Welby' and Lineker to leave MOTD

Calls for the Archbishop of Canterbury's to quit and Gary Lineker's departure from the BBC lead the papers.

Pressure mounts on Ethics Committee to release Gaetz report

Pressure is building on the House Ethics Committee to release its findings on former Rep. Matt Gaetz (R-Fla.), who President-elect Trump said he will nominate to be attorney general. Such a move ...

Politics - The Hill - 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

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.

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 ...

Spirit Airlines mulls bankruptcy, sending its stock price into nosedive

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

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