Business

Spirit Airlines files for bankruptcy: What passengers should know

While Spirit Airlines filed for Chapter 11 bankruptcy protection, the carrier stated that passengers would still be able to travel as usual. But industry experts warn that the airlines’ financial challenges have already affected operations and will continue to do so. In an open letter to travelers on Monday, the…

Ramaswamy says some federal agencies will be ‘deleted outright’ by DOGE with ‘mass reductions’ on tap

The Department of Government Efficiency (DOGE) that President-elect Donald Trump has tasked Vivek Ramaswamy and Elon Musk with leading will look to eliminate some federal agencies in their entirety. Ramaswamy discussed DOGE’s cost-cutting focus in an appearance on Fox News’ “Sunday Morning Futures” and told host Maria Bartiromo that DOGE will pursue…

Gaming platform Roblox tightens messaging rules for users under 13

Roblox is introducing new safety measures to prevent users under 13 from directly messaging others without parental consent.The platform will allow parents to remotely manage their child’s account, including viewing friend lists, setting spending controls and managing screen time.Roblox has faced allegations of child abuse on its platform, including concerns…

How Trump’s return to the White House could impact the auto industry

President-elect Trump’s return to the White House will no doubt bring changes to the automotive industry, as he has vowed to roll back many of the Biden administration’s policies and replace them with his own. While some of Trump’s 2.0 agenda will be familiar from his first term, he added…

Spirit Airlines files for Chapter 11 bankruptcy protection

Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting losses and debt maturities, the airline announced Monday. The filing comes after two failed mergers in less than two years – one recently with Frontier and another earlier in 2024 with JetBlue – which…

Is a retirement savings crisis looming?

Tens of millions of private-sector workers lack access to a retirement savings plan through their employer, which experts at the AARP Public Policy Institute warn could pose a significant burden to future taxpayers. The institute estimates that 57 million private sector workers in the U.S. – about half of the…

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