Most U.S. farmers will lose money this year. Landowners and investors are increasingly trying to make money from their land, not what can be grown from it.
Category: Bankruptcies
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How Farmers Are Staying Afloat as Crop Prices Plunge
The New York Times – Business: -
Rebel Ice Cream Files for Bankruptcy After Van Leeuwen Wins Packaging Suit
The New York Times – Business:The announcement comes less than a month after a federal judge ordered Rebel to pay nearly $24 million to Van Leeuwen for copying the design of its containers.
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Saks Emerges From Bankruptcy With a New Plan and Corporate Name
The New York Times – Business:The retailer, renamed Exemplar Luxury Group, is ditching anything that isn’t focused on high-end department store shopping.
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How Delta Steered Around Airline Industry Chaos
The New York Times – Business:The carrier has become the country’s most profitable by catering to affluent travelers, but it is facing stiffer competition from United.
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For Struggling JetBlue, Spirit’s Demise May Offer an Opportunity
The New York Times – Business:JetBlue Airways is adding flights at Spirit Airlines’ former home airport as it tries to turn a profit again.
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Spirit Airlines’ Demise Could Help Other Airlines
The New York Times – Business:Even in its reduced state, the company played an important role in forcing other airlines to keep fares low, some experts said.
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Spirit Airlines Cancels All Flights, Stranding Passengers
The New York Times – Business:The budget carrier abruptly canceled flights early on Saturday, leaving passengers to rush to make other plans. “Even if they go back into business, never again,” one traveler said.
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Spirit Airlines, a Pioneer of Low-Fare Flights, Shuts Down
The New York Times – Business:Spirit once upended the industry by offering very low fares but was in its second bankruptcy in two years after years of struggle.
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Spirit Airlines Prepares to Shut Down
The New York Times – Business:The low-fare airline, which has struggled for years, had been trying to secure a $500 million lifeline from the Trump administration.
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U.S. Nears Loan to Rescue Spirit Airlines
The New York Times – Business:The Trump administration is negotiating a deal that would provide as much as $500 million to the struggling company, which is in its second bankruptcy in two years.
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Trump Dismisses a Merger While Seeking Suitors for Spirit Airlines
The New York Times – Business:As he rejected the idea of a merger of United Airlines and American Airlines, President Trump said someone, including possibly the federal government, should buy or help Spirit.
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America’s Furniture Stores Struggle to Survive a Frozen Housing Market
The New York Times – Business:Retailers are going bankrupt and liquidating as record-low housing turnover leaves fewer customers looking to furnish homes.