Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Spirit Airlines announced Monday it will file for bankruptcy protection and try to reboot as it struggles to recover from the pandemic-induced travel slump and a failed plan to sell to JetBlue. Spirit, the largest low-cost airline in the United States, has lost more than $2.5 billion since the beginning of 2020 and is on […]
In the wake of Democrats’ gut-wrenching losses, progressive activists ask, ‘What now?’

In the aftermath of the presidential election, analysis began in earnest. These are difficult times for supporters of progressive causes. Whether you're feeling traumatized or full of energy, the inevitable question arises: “What's going on now?” Many smart and talented founders, some who had been in the industry for years and some bright, energetic up-and-comers, […]
S&P 500 Gains and Losses Today: Palantir Stock Jumps as Listing Heads to Nasdaq – Investopedia

Important points The S&P 500 index fell 1.3% on Friday, November 15, after the Fed chair expressed caution about further rate cuts and reports that retail sales were strong in October. Semiconductor equipment maker Applied Materials announced a weak sales outlook for the current quarter, citing the slowdown in the Chinese economy, and its stock […]
Dow Jones Today: Stocks Lower as Big-Tech Tumbles; Major Indexes Head for Weekly Losses – Investopedia

Remington's parent company's profit forecast misses, Spectrum Brands stock price falls 46 minutes ago Shares of Spectrum Brands (SPB), the parent company of Remington and George Foreman brands, fell on Friday after lower-than-expected earnings per share and lackluster sales guidance for next year. Spectrum reported fiscal fourth-quarter net income of $28.6 million, up from $16.8 […]
Australian Dollar recovers losses as PM Albanese shares about trade discussion with Trump – FXStreet

The Australian dollar rose as Prime Minister Albanese shared trade talks with President Trump last week. Australia's wage price index rose 3.5% year-on-year in the third quarter, slowing from a 4.1% rise in the second quarter. The North American session will focus on the announcement of the US consumer price index. The Australian dollar (AUD) […]
Syracuse coach Fran Brown reveals he won’t shower after losses: ‘Don’t deserve soap’

Syracuse football coach Fran Brown has an unconventional ritual for when his team doesn't win a game. In a bizarre revelation to reporters at a press conference on Monday, Brown detailed that he doesn't shower until the day after the Orange lose because he feels he “doesn't deserve to use soap.” Syracuse Orange head coach […]
AUD/USD Price Forecast: Rejection near 100-day SMA supports prospects for deeper losses – FXStreet

AUD/USD encountered fresh supply on Friday as the US dollar appeared to be buying. An overnight failure and technical setup near the 100-day SMA favors bearish traders. Sustained strength and acceptance above the 0.6700 mark negates the negativity bias. AUD/USD has failed to capitalize on yesterday's strong rally to around 0.6700, a two-week high, and […]
Top Harris Donor Alex Soros Blames ‘Unstoppable’ Global Trends, Not Democrat Policies Failures, for Election Losses

Alex Soros, the heir to George Soros's multibillion-dollar left-wing nonprofit empire and one of the biggest donors to the failed Harris Waltz campaign, ignored the failures and said, “The world is unstoppable.'' The Democratic Party's defeat in the 2024 US election is downplayed. Democratic policies to promote decisive Republican victory. Alex Soros, along with his […]
Gold prices nurse steep losses as Trump win sparks dollar, risk-on rally – Investing.com

Investing.com — Gold prices fell slightly in Asian trade on Thursday, paring sharp declines from the previous session after Donald Trump's victory in the 2024 election triggered a rally in the dollar and risk assets. Expanded. The yellow metal also hit a series of record highs in the run-up to the election and was hit […]
Australian Dollar retraces recent losses as China’s Trade Surplus widens in October – FXStreet

The Australian dollar strengthens as China's trade surplus widens in October due to better-than-expected exports. Australia's trade surplus in September fell to 4.609 billion, compared to the expected 5.3 billion. The US Federal Reserve is widely expected to cut its benchmark interest rate by 25 basis points on Thursday. The Australian dollar (AUD) rose following […]