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Spirit Airlines Files For Second Bankruptcy In Less Than A Year: What To Know Spirit Airlines Files For Second Bankruptcy In Less Than A Year: What To Know
Spirit Airlines Files For Second Bankruptcy In Less Than A Year: What To Know Spirit Airlines has filed for bankruptcy for the second time in less than a year, underscoring the financial crisis facing the nation's largest budget carrier. Spirit announced the Chapter 11 bankruptcy filing in a news release on Friday, Aug. 29. The Dania Beach, Florida-based airline previously emerged from bankruptcy in March, after Spirit shed nearly $800 million in debt and secured $350 million in new equity. The filing came less than three weeks after Spirit executives admitted there is "substantial doubt" about the company's ability to survive another 12 months without…

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by Chris Spiker
Business
FCC Clears Paramount-Skydance Deal, Critics Slam 'Cowardly Capitulation' To Trump FCC Clears Paramount-Skydance Deal, Critics Slam 'Cowardly Capitulation' To Trump
FCC Clears Paramount-Skydance Deal, Critics Slam 'Cowardly Capitulation' To Trump The Federal Communications Commission has approved Skydance Media's $8 billion takeover of Paramount Global, which critics have blasted as a move to appease President Donald Trump. The FCC cleared the deal in a 2-1 partisan vote on Thursday, July 24, officially creating the Paramount Skydance Corporation. The approval comes about three weeks after Paramount agreed to pay $16 million to settle a lawsuit from Trump that many legal experts called frivolous. In approving the deal, the FCC said Skydance has committed to what the two Republican commissioners consider to be "unbiased journali…

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by Chris Spiker
Politics
'Democratic Party Lost Its Mind:' NJ Republican Urges NYCers To Move After Mamdani Beats Cuomo 'Democratic Party Lost Its Mind:' NJ Republican Urges NYCers To Move After Mamdani Beats Cuomo
'Democratic Party Lost Its Mind:' NJ Republican Urges NYCers To Move After Mamdani Beats Cuomo Jack Ciattarelli has a message for New Yorkers: Move to Jersey. The Republican candidate for New Jersey governor took to social media after former New York Gov. Andrew Cuomo conceded the Democratic mayoral primary to Assemblyman Zohran Mamdani, a 33-year-old democratic socialist. “Tonight is proof that the modern Democratic Party has lost its mind,” Ciattarelli said in a post on Tuesday, June 24. “To all the residents and business owners of New York City who don’t want a socialist, defund-the-police, antisemitic mayor representing them, I encourage you to move to New Jersey.” Cuomo had bee…

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by Cecilia Levine