Press Digest: New York Times business news - Nov 19
19/11/2024 06:00
Nov 19 (Reuters) - The following are the top stories on
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
- Spirit Airlines SAVE.N has filed for bankruptcy
protection, the no-frills U.S. travel pioneer said on Monday,
after struggling with years of losses, failed merger attempts
and heavy debt levels.
- The Associated Press said Monday it was cutting its staff
by 8 percent as part of a plan to adapt to fast-changing
conditions in the media industry.
- U.S. President-elect Donald Trump said on Monday that he
is nominating former Wisconsin Representative and Fox Business
News host Sean Duffy to be transportation secretary.
- President Joe Biden urged Congress on Monday to provide
nearly $100 billion in "urgently needed" aid for communities
ravaged by hurricanes and other disasters in recent months,
saying funding for some critical programs has either run out or
is nearly exhausted.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))