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Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel, stiffer competition from bigger carriers, and a failed attempt to sell the airline
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S&P/TSX composite up as gold, oil climb; U.S. stocks mixed

S&P/TSX composite up as gold, oil climb; U.S. stocks mixed

Canada's main stock index climbed Monday as the price of oil and gold strengthened and investors continued to digest the market implications of another Donald Trump presidency. The S&P/TSX composite index was up 86.26 points at 24,976.94.
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New Alberta hospital agency to be up and running in the spring, minister says

New Alberta hospital agency to be up and running in the spring, minister says

EDMONTON — Alberta's health minister says the province's new hospital agency will be operational next spring, months later than expected.
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Stock market today: Wall Street rises following last week's slide

Stock market today: Wall Street rises following last week's slide

NEW YORK (AP) — Most U.S. stocks ticked higher to recover some of their sharp slide from last week. The S&P 500 rose 0.4% Monday for its first gain in three days. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite gained 0.
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The Associated Press says buyouts and some layoffs are ahead as it seeks to cut its workforce by 8%

The Associated Press says buyouts and some layoffs are ahead as it seeks to cut its workforce by 8%

The Associated Press said Monday that it would begin offering buyouts and lay off selected employees, part of a plan to reduce the news outlet's staff by about 8% and accelerate a transition to a digital-first organization.
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Northern Ontario First Nation says yes in referendum on possible nuclear waste site

Northern Ontario First Nation says yes in referendum on possible nuclear waste site

A northern Ontario First Nation has decided it is willing to continue with the process to potentially become host to a deep geological repository for Canada's nuclear waste, leaving just one more community to weigh in before a site is selected.
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Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on Infowars

Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on Infowars

A company affiliated with conspiracy theorist Alex Jones asked a federal judge on Monday to disqualify a bid by the satirical news outlet The Onion to buy Jones' Infowars at a bankruptcy auction, alleging fraud and collusion.
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Manulife CEO Roy Gori to retire in May, Phil Witherington named next CEO

Manulife CEO Roy Gori to retire in May, Phil Witherington named next CEO

TORONTO — Roy Gori, chief executive of Manulife Financial Corp., will be stepping down from the role next May after pushing through some significant changes at the insurance giant since taking the helm in 2017.
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Canada Post strike spells trouble for small businesses headed into holiday season

Canada Post strike spells trouble for small businesses headed into holiday season

A Canada Post strike that has stopped mail delivery across the country has the small business community scrambling as their busiest selling season gets underway.
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Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on Infowars

Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on Infowars

A company affiliated with conspiracy theorist Alex Jones asked a federal judge on Monday to disqualify a bid by the satirical news outlet The Onion to buy Jones' Infowars at a bankruptcy auction, alleging fraud and collusion.
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