Tag: bankruptcy
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What Spirit Airlines’ bankruptcy means for customers
What Spirit Airlines’ bankruptcy means for customers – CBS News Watch CBS News Spirit Airlines is filing for bankruptcy ahead of the busy holiday travel season. The budget airline has faced multiple setbacks recently, including rising labor costs and a failed merger with JetBlue. CBS News senior transportation correspondent Kris Van Cleave has more on…
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Spirit Airlines files for bankruptcy
JetBlue, Spirit end merger deal JetBlue and Spirit end merger deal 03:07 Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and failed attempts to sell itself to JetBlue and Frontier Airlines. Spirit, the biggest U.S. budget…
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Satirical publication The Onion buys Alex Jones’ Infowars at bankruptcy auction
Alex Jones to liquidate personal assets Alex Jones ordered to liquidate personal assets to pay Sandy Hook damages 02:27 Satirical publication The Onion said it has bought Alex Jones’ Infowars at a bankruptcy auction for an undisclosed price, with the backing of the Connecticut families of eight victims of the Sandy Hook Elementary School shooting…
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Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
Spirit Airlines is considering declaring bankruptcy after a proposed merger with Frontier Airlines fell apart. The Miramar, Florida-based discount airline is expected to file for bankruptcy protection from its debts in as little as 10 days or within weeks, sources familiar with the matter confirmed to CBS News. The Wall Street Journal first reported the looming bankruptcy…
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Rudy Giuliani appears in court after failing to turn over valuables by deadline in bankruptcy fight
Trump ally and former New York Mayor Rudy Giuliani got a tongue lashing Thursday in federal court after missing a deadline to turn over valuables to two election workers he defamed, including one asset, a vintage Mercedes, that he took for a drive to vote in Florida. He owes the women, Ruby Freeman and daughter…
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TGI Fridays files for bankruptcy, as sit-down chain restaurants face broad challenges
TGI Fridays closing 36 “underperforming” restaurants across U.S. TGI Fridays closing 36 “underperforming” restaurants across U.S. 00:24 Restaurant chain TGI Fridays filed for bankruptcy protection Saturday, saying it is looking for ways to “ensure the long-term viability” of the casual dining brand after closing many of its branches this year. The Dallas-based company filed for…