Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
CBSN
Spirit Airlines is considering declaring bankruptcy after a proposed merger with Frontier Airlines fell apart.
The Miramar, Florida-based discount airline is expected to file for bankruptcy protection from its debts in as little as 10 days or within weeks, sources familiar with the matter confirmed to CBS News. The Wall Street Journal first reported the looming bankruptcy filing.
Spirit acknowledged in a regulatory filing late Tuesday that it is in "active and constructive discussions" with bondholders to restructure its obligations as its business woes continue. If the talks succeed, the airline expects operations to continue, and for employees and customers to be shielded from any impact.
Luigi Mangione, suspect in UnitedHealthcare CEO Brian Thompson's killing, charged with murder in NYC
NEW YORK -- Luigi Mangione, the suspect in the killing of UnitedHealthcare CEO Brian Thompson outside a New York City hotel, is now charged with murder, according to court documents.
President-elect Donald Trump announced Monday he will nominate a Bay Area lawyer for a position at the U.S. Department of Justice as assistant attorney general for civil rights.
U.S. prosecutors are accusing two senior Syrian officials of overseeing a notorious torture center that abused peaceful protesters, including a 26-year-old American woman who was later believed to have been executed.
A polygamist religious leader who claimed more than 20 spiritual "wives" including 10 underage girls was sentenced to 50 years in prison on Monday for coercing girls as young as 9 years old to submit to criminal sex acts with him and other adults, and for scheming to kidnap them from protective custody.
Washington — Pete Hegseth, President-elect Donald Trump's choice to lead the Defense Department, returned to Capitol Hill on Monday as he tries to solidify support among Senate Republicans as he faces allegations of sexual misconduct, financial mismanagement of veterans' charities and excessive drinking.
Luigi Mangione, a person of interest being questioned in connection with the shooting death of UnitedHealthcare CEO Brian Thompson, had a ghost gun, a type of firearm that can be made at home, police said Monday.
Fortnite players and other Epic Games customers tricked by the game maker into making unwanted purchases are set to receive refund payments from the Federal Trade Commission (FTC).
Washington — The collapse of Bashar al-Assad's regime in Syria has raised hopes that more information could come to light on the whereabouts of journalist Austin Tice, who is believed to still be alive more than 12 years after his kidnapping.
Washington — President-elect Donald Trump says he'll end birthright citizenship, after years of criticizing the constitutional right.
Awards season kicked off with a bang for Selena Gomez, who on Monday received Golden Globe nominations for her performances on both the big and small screens.
Cracker Barrel has apologized after its Waldorf, Maryland, restaurant refused to serve a group of students with special needs last week.