Once a trailblazer in budget air travel, Spirit Airlines has filed for bankruptcy protection. The airline faced a storm of issues: mounting losses, a failed merger, and changing consumer tastes. Despite these hurdles, Spirit aims to keep flying smoothly. "Keep booking, no worries! " said their CEO,
Elon Musk's X Corp. , the firm that took over Twitter, has entered the bankruptcy case of Alex Jones and his Infowars platform. This comes after a Texas judge raised concerns about the transparency of the auction process. The new owners of The Onion and families of the Sandy Hook victims had been de
In a twist of events, Japan's economy has seen a surprising 0. 3% year-on-year boost in its real GDP this past quarter. This sharp turnaround comes after a 1. 1% dip in the previous quarter. You might be wondering what caused this sudden shift. The Bank of Japan made an interesting move when it rais
In a surprising turn of events, a judge has ordered a hearing to review the recent purchase of Alex Jones's controversial InfoWars site by the satirical news outlet, the Onion. This decision came after an emergency hearing on Thursday, where lawyers representing Jones and a related company raised co
Memecoins have been riding high, but the party might not last. Alkesh Shah, an analyst at Bank of America, thinks the market is growing up. He expects tokens with real value, like ETH, AVAX, and SOL, to outperform memecoins soon. These tokens power blockchain networks, similar to how Microsoft Windo
After Donald Trump’s election victory, bankers like Jamie Dimon from JPMorgan Chase are thrilled. Dimon, speaking at the APEC CEO Summit in Peru, said bankers are “dancing in the street” because they expect President-elect Trump to ease regulations that have been tough on them. One big issue is the
Diamond Sports Group, owners of regional sports networks, has gotten the green light to emerge from bankruptcy. This happened at a recent hearing in US Bankruptcy Court in Houston. The company entered Chapter 11 in March 2023 with a massive debt of $8. 67 billion. Now, they are leaving with much les
Biobanks, vital for personalized medicine, are thriving in Germany. Over the last ten years, 36 biobanks have emerged, united under the German Biobank Alliance (GBA). These structured facilities store premium biological samples and clinical data to bolster research. Some biobanks juggle both tissue
Swiggy, the popular Indian food delivery service backed by SoftBank, started its market journey with a bang. Its shares zoomed over 9% on their Wednesday debut. This impressive leap followed a hugely successful IPO, ranking as India's second-largest for the year. Swiggy raised a whopping 113. 27 bil
In a recent statement, Bezalel Smotrich, Israel's finance minister known for his ultranationalist views, suggested that Donald Trump's presidential win could be an ideal time to extend Israeli control over parts of the occupied West Bank. This land is internationally recognized as belonging to the P
