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Spirit Airlines Will Delay Plane Purchases and Furlough Pilots
Posted inAntitrust Laws and Competition Issues Credit and Debt Engines JetBlue Airways Corporation Layoffs and Job Reductions Mergers, Acquisitions and Divestitures Pilots Pratt & Whitney Spirit Airlines United States

Spirit Airlines Will Delay Plane Purchases and Furlough Pilots

The low-cost airline, which has been unprofitable for four years, is trying to reduce costs after a federal judge blocked a proposed deal for JetBlue to acquire Spirit.
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Posted by By Niraj Chokshi
Paying Off People’s Medical Debt Has Little Impact on Their Lives, Study Finds
Posted inCollectors and Collections Credit and Debt Health Insurance and Managed Care Nonprofit Organizations Philanthropy Research RIP Medical Debt

Paying Off People’s Medical Debt Has Little Impact on Their Lives, Study Finds

A nonprofit group called R.I.P. Medical Debt has relieved Americans of $11 billion in hospital bills. But that did not improve their mental health or their credit scores, a study found.
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Posted by By Sarah Kliff
Student Debt Is Standing in the Way of Future Nuns and Priests
Posted inColleges and Universities Credit and Debt Nuns Personal Finances Priests Roman Catholic Church Student Loans

Student Debt Is Standing in the Way of Future Nuns and Priests

For young adults who want to join certain religious orders, paying off debt before taking a vow of poverty can prove challenging. But their communities are willing to help.
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Posted by By Sejla Rizvic
Atos, a French Tech Giant, Tumbles in Value
Posted inComputer Security Computers and the Internet Credit and Debt Cyberwarfare and Defense France Nuclear Weapons Politics and Government

Atos, a French Tech Giant, Tumbles in Value

The French government said it would seek “a national solution” to protect Atos, a debt-burdened company that serves nuclear programs and the military.
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Posted by By Liz Alderman

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