In a strategic move to avoid bankruptcy, EchoStar Corp. has agreed to sell spectrum licenses to AT&T for $23 billion. This deal will enhance AT&T’s network capabilities with additional low-band and mid-band spectrum, pending regulatory approval by mid-2026.
Spirit Airlines is sounding alarms about its financial health, warning of going-concern doubts just months after emerging from bankruptcy. With weak domestic demand and operational uncertainties, the airline is making drastic cuts, including pilot furloughs, to conserve cash.
Get ready for Memorial Day 2025! Discover which stores, banks, and postal services will be open and closed this holiday weekend. Don't miss out on your summer plans!