Spirit Airlines shuts down, canceling thousands of flights overnight

Spirit: The wind-down follows the Company’s extensive and comprehensive efforts to restructure the business and pursue transactions to strengthen Spirit’s financial position and create a sustainable path forward. Unfortunately, despite the Company’s efforts, the recent material increase in oil prices and other pressures on the business have significantly impacted Spirit’s financial outlook. With no additional…

Read More

Jude Bellingham: England and Real Madrid midfielder invests in Hundred franchise Birmingham Phoenix

England and Real Madrid footballer Jude Bellingham has bought a 1% stake in cricket team Birmingham Phoenix. The deal for The Hundred franchise, set to be confirmed on Wednesday, is worth around £800,000. The eight franchises were put up for sale last year and American investment group Knighthead Capital Management, who own Bellingham’s former club…

Read More