Business

Saving Spirit Airlines possibly puts ‘good money after bad’, Transportation head Duffy says

Tuesday, April 21 by SRN News

WASHINGTON, April 21 (Reuters) - U.S. Transportation Secretary Sean Duffy on Tuesday raised concerns about using government funds to rescue low-cost bankrupt airline Spirit Airlines. "What we don't want to do is put good money after bad, and there's been a lot of money... Read More.

NY State lawmakers revive bill to curb distressed sovereign debt lawsuits

Tuesday, April 21 by SRN News

By Rodrigo Campos NEW YORK, April 21 (Reuters) - New York state lawmakers have reintroduced legislation that would curb some investors' ability to buy distressed sovereign debt and sue for full repayment, a move that would reshape the legal landscape for sovereign international bonds. The proposal... Read More.

Air New Zealand’s chief financial officer resigns, airline commences search for replacement

Tuesday, April 21 by SRN News

April 22 (Reuters) - Air New Zealand said on Wednesday that its finance chief Richard Thomson has resigned and will leave the airline on August 28. The airline has commenced a search for a new chief financial officer. The company has announced fare hikes and... Read More.

Trading Day: Trump extends ceasefire deadline … after market close

Tuesday, April 21 by SRN News

By Jamie McGeever ORLANDO, Florida, April 21 (Reuters) - Oil and the dollar rose on Tuesday and U.S. stocks fell, as investors baulked at signals from Washington and Tehran that peace talks have not yet been confirmed. This comes a day before the U.S.-Iran ceasefire... Read More.

Trump picks a University of Minnesota professor to lead his economic council

Tuesday, April 21 by SRN News

WASHINGTON (AP) - President Donald Trump on Tuesday nominated University of Minnesota economist Christopher Phelan to be the next chairman of the White House Council of Economic Advisers, a key position for conducting analyses of the economy and the administration's policies. If confirmed by the... Read More.

Trump raises prospect of federal support or merger as Spirit Airlines struggles with costs and debt

Tuesday, April 21 by SRN News

President Donald Trump on Tuesday suggested that the federal government could help keep a struggling Spirit Airlines afloat, while also encouraging a buyer to step in and rescue the budget carrier. "Spirit's in trouble and I'd love somebody to buy Spirit. It's 14,000 jobs," Trump... Read More.

New York sues Coinbase and Gemini, seeking to halt unlicensed prediction market businesses

Tuesday, April 21 by SRN News

NEW YORK (AP) - New York is suing Coinbase and Gemini over unregulated and unlicensed prediction market platforms that the state contends are illegal gambling operations. Attorney General Letitia James' lawsuit, filed Tuesday in state court in Manhattan, seeks to bar the companies' platforms from... Read More.

Federal judge strikes down some Trump administration actions that have slowed clean energy projects

Tuesday, April 21 by SRN News

WASHINGTON (AP) - A federal judge in Massachusetts on Tuesday struck down several Trump administration actions slowing down development of clean energy, including a requirement that all solar and wind energy projects on federal lands and waters be personally approved by Interior Secretary Doug... Read More.

Gates Foundation to cut 20% of staff, review Epstein ties, WSJ reports

Tuesday, April 21 by SRN News

April 21 (Reuters) - The Gates Foundation is cutting up to 500 jobs, or roughly 20% of its staff, over the next several years, and it has opened an external review of engagement with the late financier and convicted sex offender Jeffrey Epstein, the... Read More.

Fed’s Waller calls for overhaul of regional Fed bank operations

Tuesday, April 21 by SRN News

April 21 (Reuters) - Federal Reserve Governor Christopher Waller on Tuesday laid out options for revamping the operational structure of the Fed system's 12 regional banks, calling for consolidation of key business functions like human resources, finance, procurement and technology rather than leaving them... Read More.

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Saving Spirit Airlines possibly puts ‘good money after bad’, Transportation head Duffy says

NY State lawmakers revive bill to curb distressed sovereign debt lawsuits

Air New Zealand’s chief financial officer resigns, airline commences search for replacement

Trading Day: Trump extends ceasefire deadline … after market close

Trump picks a University of Minnesota professor to lead his economic council

Trump raises prospect of federal support or merger as Spirit Airlines struggles with costs and debt

New York sues Coinbase and Gemini, seeking to halt unlicensed prediction market businesses

Federal judge strikes down some Trump administration actions that have slowed clean energy projects

Gates Foundation to cut 20% of staff, review Epstein ties, WSJ reports

Fed’s Waller calls for overhaul of regional Fed bank operations

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