Tag: Bankruptcy

Battery unicorn Northvolt files for bankruptcy, co-founder and CEO resigns

Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions...

US budget airlines are struggling. Will pursuing premium passengers solve their problems?

DALLAS -- DALLAS (AP) — Delta and United have become the most profitable U.S. airlines by targeting premium customers while also winning back...

Battery unicorn Northvolt files for bankruptcy, upending Europe’s industrial plan

Beleaguered Swedish battery manufacturer Northvolt announced today that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions for...

Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on Infowars

A company affiliated with conspiracy theorist Alex Jones asked a federal judge on Monday to disqualify a bid by the satirical news outlet...

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

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the...

Sri Lanka's Marxist-leaning president appoints his Cabinet after a resounding election win

COLOMBO, Sri Lanka -- Sri Lanka’s new Marxist-leaning president swore in a 21-member Cabinet on Monday after his party secured a two-thirds parliamentary...