Stock market today: Asian shares meander, tracking Wall Street’s mixed finish as dollar surges

Stock market today: Asian shares meander, tracking Wall Street’s mixed finish as dollar surges

BANGKOK — Shares were mixed in Asia on Thursday after a lackluster finish on Wall Street following a report showing an uptick last month in inflation in the U.S. The dollar was trading at 156 Japanese yen, up from 155.49 yen, reflecting expectations that the dollar will gain against other currencies under the policies anticipated … Read more

Spirit Airlines delays release of Q3 financial results as debt restructuring talks heat up

Spirit Airlines delays release of Q3 financial results as debt restructuring talks heat up

NEW YORK — Shares of Spirit Airlines plunged Wednesday after the budget airline said that it won’t announce quarterly financial results on time while it continues talks with bond holders to restructure its debt. Spirit said negotiations are progressing toward an agreement that would protect creditors and customers. However, the company said if such a … Read more

Louisiana House greenlights Gov. Jeff Landry’s tax cuts

Louisiana House greenlights Gov. Jeff Landry’s tax cuts

BATON ROUGE, La. — Louisiana’s GOP-dominated House of Representatives on Tuesday overwhelmingly passed individual and corporate tax cuts, along with a constitutional amendment — all key provisions in Gov. Jeff Landry’s sweeping tax reform package, the centerpiece of the state’s third special legislative session of the year. The House voted 87-12 to flatten individual income … Read more

Sri Lankan president seeks party win in parliamentary election to help him push his economic reforms

Sri Lankan president seeks party win in parliamentary election to help him push his economic reforms

COLOMBO, Sri Lanka — Sri Lankan President Anura Kumara Dissanayake is looking to consolidate his party’s power in Thursday’s parliamentary election to help him implement his election pledges to solve the country’s economic woes and foster good governance. The Marxist-leaning Dissanayake won the presidential election on Sept. 21 in a victory that marked a rejection … Read more

Danish palace scraps system dating to the 1800s that grants royal labels for products

Danish palace scraps system dating to the 1800s that grants royal labels for products

COPENHAGEN, Denmark — Denmark’s royal court said Wednesday it will phase out a labeling system dating to the 1800s that grants companies the right to use the image of the Danish crown on their letterhead, packaging and labels. The five-year renewable designations, including “Holder of the Royal Warrant” and “By Appointment to the Royal Danish … Read more