Spirit Airlines lawyer says cash 'not going to last for very much longer,' but government rescue on the table

Spirit Airlines’ accessible cash to keep operating won’t last long and a government rescue package is on the table, a lawyer for the struggling budget carrier said at a hearing Thursday. President Donald Trump later Thursday at the White House told reporters: “We’re thinking about doing it, helping them out, meaning bailing them out, or…

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Justin Trudeau tells CNBC that international organizations may no longer be fit for purpose

Canada’s former Prime Minister Justin Trudeau said at CNBC’s CONVERGE LIVE in Singapore Thursday that international financial institutions were “spectacularly ill-adjusted” to respond to modern-day issues. “You can look to different places around the world to realize that those institutions, whether it was the WTO or the IMF or what have you, aren’t necessarily fit…

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Boeing narrows loss as aircraft deliveries rise, says it expects new 737 Max certifications this year

Boeing reported a smaller-than-expected loss for the first quarter, with improvements across its businesses, including its key commercial aircraft unit, as the manufacturer tries to stem years of losses. Here’s how Boeing performed in the first quarter, compared with analysts’ estimates compiled by LSEG: Loss per share: 20 cents adjusted vs. a loss of 83 cents expectedRevenue: $22.22…

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CME Group says trading on its markets, including the S&P 500 and Nasdaq, was halted on November 28 due to a cooling issue at CyrusOne's data centers (Reuters)

Featured Podcasts Big Technology Podcast: Communal Living, Sex, And Silicon Valley’s Groupthink Problem — With Ellen Huet The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators. Subscribe to Big Technology Podcast. Great Chat: Thankful for the unexpected A podcast mostly about tech. Brought…

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Income tax – live: Markets spooked after Reeves U-turn on major Budget tax increase

Shorouk Express ‘I’m not in favour of breaking manifesto pledges’: Streeting welcomes income tax U-turn Health Secretary Wes Streeting welcomed the apparent U-turn over plans to break Labour’s manifesto commitment on income tax. Mr Streeting told LBC Radio: “I’m not in favour of breaking manifesto pledges. “I think that trust in politics and politicians is…

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