Latest in Bankruptcy Following Mounting
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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.Top stories - NBC News - 8 hours ago -
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 - 8 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 - 5 hours 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 - 10 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 ...Top stories - CBS News - 7 hours 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 -
The Onion to acquire Infowars out of bankruptcy
Satirical website wins auction for media business controlled by conspiracy theorist Alex JonesBusiness - 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.Top stories - CBS News - October 29 -
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.Top stories - CBS News - October 31 -
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 ...Top stories - NBC News - 4 days ago -
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.Top stories - CBS News - 4 days ago -
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 ...Top stories - CBS News - 3 days ago -
Northvolt’s future hangs in balance as bankruptcy looms
Troubled European battery maker in race against time to secure short-term fundingBusiness - Financial Times - Yesterday -
Spirit Airlines files for Chapter 11 bankruptcy protection
A federal judge had blocked the budget airline's proposed merger with JetBlue.Top stories - ABC News - 7 hours ago -
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 ...Top stories - CBS News - 3 hours ago -
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 - 1 hour 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.Top stories - NBC News - 3 hours ago -
Pressure mounts on VW to finally confront the reality of restructuring
The carmaker must overcome internal resistance to changes necessary to boost competitivenessBusiness - Financial Times - October 23 -
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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.Top stories - BBC News - November 7 -
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.Top stories - BBC News - 6 days ago -
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 -
Reeves wraps up ‘grim’ spending talks amid council bankruptcy fears
Local government expected to suffer further squeeze in chancellor’s first BudgetBusiness - Financial Times - October 23 -
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.Top stories - CBS News - November 2 -
TGI Fridays Files for Bankruptcy Protection Amid Financial Troubles
Dallas-based TGI Fridays filed for Chapter 11.Business - Inc. - November 3 -
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.Top stories - CBS News - November 7 -
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 ...Top stories - NBC News - 5 days ago -
Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
Spirit Airlines, weighed down by mounting debt, is considering filing for bankruptcy protection.Top stories - CBS News - 5 days ago -
The Onion buys Infowars out of bankruptcy in move backed by Sandy Hook families
Satirical news outlet the Onion has purchased Alex Jones' Infowars site out of bankruptcy. The sale comes after the families of Sandy Hook shooting victims won a $1.5 billion libel suit against ...Top stories - CBS News - 4 days ago