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Spirit Airlines is in talks with bondholders over the terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue Airways, the Wall Street Journal reported on Thursday, sending its shares down 30% in extended trading. The airline has also been exploring restructuring its balance sheet through an out-of-court transaction, though recent talks have been more focused … Read more
Getty Images Finding the best gate for an aircraft is a surprisingly difficult task Next time you’re running at full tilt towards your airport gate, spare a thought for the airline staff who made sure that that gate was actually available. Gate allocation is a surprisingly complex task. “With 15 gates and 10 airplanes, there … Read more
Angel City was hit with multiple penalties Thursday after an investigation by the Women’s National Soccer League determined it violated the league’s salary cap. Angel City was given a $200,000 fine, a three-point deduction in the standings and president Julie Uhrman and general manager Angela Hucles Mangano were suspended from any duties related to player … Read more
The union representing tens of thousands of dockworkers across the US has agreed to suspend its strike while negotiations continue. Members of the International Longshoremen’s Association (ILA) walked out on Tuesday at 14 major ports along the east and Gulf coats, halting container traffic from Maine to Texas. The union says it has reached a … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Guillaume Cerutti, Christie’s CEO, joins ‘Closing Bell Overtime’ to talk softening in the art and collectors market, its new Hong Kong location, and more. Source link
DETROIT — The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached a deal to suspend a three-day strike until Jan. 15 to provide time to negotiate a new contract. The union, the International Longshoremen’s Association, is to resume working immediately. Both sides also reached agreement on wages, but no … Read more
With deepfake video and audio making their way into political campaigns, California enacted its toughest restrictions yet in September: a law prohibiting political ads within 120 days of an election that include deceptive, digitally generated or altered content unless the ads are labeled as “manipulated.” On Wednesday, a federal judge temporarily blocked the law, saying … Read more
KANSAS CITY, Mo. – The cruel joke before the season was that someone would win the AL Central because someone had to win the AL Central. They were five teams with modest payrolls and meager expectations, each of them short on talent and long on hope. Well, it turns out the path to the World … Read more
At least 18 people have been killed in an Israeli air strike in the occupied West Bank city of Tulkarm, the Palestinian health ministry said late on Thursday. The Palestinian Authority-run news agency Wafa said the air strike had hit a cafe in the Tulkarm refugee camp where many civilians had been present. The Israeli … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Perplexity CEO and Co-Founder Aravind Srinivas joins ‘Fast Money’ to talk its AI search strategy compared to Google, its growth plans, and potential for new features. Source link