Spirit Airlines has filed for bankruptcy protection just months after emerging from Chapter 11. Despite the setback, the airline assures passengers can still book flights and use loyalty points during the restructuring. Union leaders warn employees to prepare for potential challenges ahead.
Spirit Airlines has filed for bankruptcy protection just months after emerging from a previous Chapter 11 reorganization. Despite this, the airline assures passengers that booking and travel will continue as normal during the restructuring process.
In a shocking turn of events, Spirit Aviation Holdings Inc. has filed for Chapter 11 bankruptcy for the second time in less than a year. With assets and liabilities ranging from $1 billion to $10 billion, the airline struggles to recover amidst ongoing negotiations with major stakeholders.
Spirit Airlines, struggling to return to profitability since its 2019 bankruptcy, is facing tough choices ahead. With staffing cuts and reduced flight capacity, analysts suggest a possible merger with Frontier could be on the horizon.
Anne Wojcicki's nonprofit has won the bid to buy 23andMe, raising critical questions about the future of genetic data privacy. Experts warn that sensitive DNA information could be at risk.
Oregon's attorney general calls for consumers to take control of their genetic data following 23andMe's Chapter 11 bankruptcy filing. Learn how to delete your data and revoke permissions.
In a dramatic turn of events, 23andMe has filed for Chapter 11 bankruptcy, leading to the immediate resignation of CEO Anne Wojcicki. The company plans to sell its assets while navigating financial turmoil and ongoing efforts to safeguard customer data.
In a stunning move, Forever 21 has filed for Chapter 11 bankruptcy for the second time in six years, as dwindling mall traffic and fierce online competition take their toll. The retailer will begin liquidation sales while its trademark may continue under Authentic Brands Group.
In a surprising move, On The Border has filed for Chapter 11 bankruptcy, closing multiple locations in Michigan while aiming for a swift restructuring. The chain plans to focus on operational improvements and a potential asset sale.
