Business
Virgin Australia's creditors agreed Friday to sell the airline to Boston-based Bain Capital in a deal that will see the carrier cut 3,000 jobs and end many of its international flights.
Sep 4, 2020
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Business
Most airlines are considering downsizing their staff over the next 12 months due to the coronavirus crisis, the International Air Transport Association said Wednesday, citing an internal survey.
Aug 5, 2020
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Business
Virgin Atlantic has applied for bankruptcy protection in the United States, court filings show, as the British airline—which has not flown since April because of coronavirus—seeks to tie up a rescue deal in the UK.
Aug 5, 2020
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Business
McClatchy, the publisher of the Miami Herald, The Kansas City Star and dozens of other newspapers, has filed for bankruptcy protection as it struggles to pay off debt while revenue shrinks because more readers and advertisers ...
Feb 13, 2020
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Business
Investors in a cryptocurrency exchange who lost access to tens of millions of dollars when the website's Canadian founder died abruptly, are demanding his body be exhumed to rule out any chance that he faked his own death.
Dec 16, 2019
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Business
France's second-largest airline Aigle Azur, which went into receivership this week, plans to cancel all flights starting Friday night as it seeks a takeover bid to save the company, according to an internal document seen ...
Sep 5, 2019
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