Economic News
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Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom
Spirit Airlines has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue
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Spirit Airlines filed for bankruptcy. What does that mean for travelers?
The largest budget airline in the U.S., has filed for Chapter 11 bankruptcy protection
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Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on Infowars
A federal bankruptcy judge in Texas is being asked to disqualify a winning bid made by the satirical news outlet The Onion to buy conspiracy theorist Alex Jones' Infowars
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Greece to repay chunk of bailout debt early and touts recovery during anger over cost of living
Prime Minister Kyriakos Mitsotakis says Greece is set to make an early repayment of 5 billion euros or $5.3 billion in bailout-era debt in 2025
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Boeing layoffs so far total nearly 2,200 workers in Washington state
Boeing has so far laid off 2,199 workers in Washington, among job cuts that will eventually total about 17,000 across the company
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Trump's treasury pick could give an indication of what he plans to do about tariffs
One of the top remaining vacancies in President-elect Donald Trump’s proposed Cabinet is his treasury secretary — and the views of his top contenders there reflect broader questions about how the president-elect might wield tariffs in his new administration
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Union workers picket for 3rd day at Las Vegas casino with no talks slated
Picketing is continuing outside a hotel-casino near the Las Vegas Strip with no talks scheduled between management and union members
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Boeing issues layoff notices to 400-plus workers as it begins drastic cuts
Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its machinists' union
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Strike by workers at a casino near the Las Vegas Strip enters 2nd day
A walkout by hundreds of hospitality workers at a casino near the Las Vegas Strip entered its second day with union members willing to undergo the financial hardships of being out of work as they wait for a new contract
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Judge blocks Biden administration's rule to expand overtime pay for millions
A federal judge in Texas has blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S. In a Friday ruling, U.S. District Judge Sean Jordan sided with the state of Texas and a group of business organizations that argued the Labor Department exceeded its authority when it finalized a rule earlier this year to significantly expand federal overtime eligibility for salaried workers
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