Bankruptcies surge as companies grapple with inflation, tariffs
Among the total was a surge of “mega bankruptcies,” or filings by companies with more than $1 billion in assets, during the first half of 2025.
Among the total was a surge of “mega bankruptcies,” or filings by companies with more than $1 billion in assets, during the first half of 2025.
The goal is to diversify and boost revenue through the postal carriers’ final leg of delivery to millions of individual homes and businesses.
Indiana health officials are extending open enrollment for two major Medicaid programs, giving more time for hundreds of thousands of Hoosiers facing a forced plan change to select another option from the state’s managed care lineup.
Spirit said flights, ticket sales and operations will continue as usual over the holidays.
Talent without chemistry is just cardio in a different uniform.
We have to model the behavior we hope they will emulate.
The Carmel-based regional airliner had been a publicly traded company until April 2017, when it emerged from Chapter 11 bankruptcy as a privately held company.
Federal investigators released dramatic photos Thursday of an engine flying off a doomed UPS cargo plane that crashed two weeks ago in Kentucky.
A spokesperson confirmed that the layoffs announced Thursday account for about 20% of the company’s management workforce, which isn’t unionized.
Data from aviation analytics firm Cirium showed that fewer than 1% of all flights were canceled over the weekend.
In addition, nearly 10,000 flight delays were reported on Sunday alone, according to FlightAware, a website that tracks air travel disruptions.
Logistics companies say consumers shouldn’t expect delays on packages due to the reduction in flights—for now. But they put a strain on the supply chain ahead of the all-important holiday shopping season.
Airlines canceled hundreds of U.S. flights Friday—the highest number since the government shutdown began, but relatively few cancellations involved Indianapolis. Meanwhile, Transportation Secretary Sean Duffy said U.S. flight cuts could eventually climb beyond 10% if the shutdown continues.
U.S. airlines began canceling hundreds of flights Thursday due to the Federal Aviation Administration’s order to reduce traffic at the country’s busiest airports starting Friday.
Not one retailer or bank has called for the penny to stick around, but the abrupt decision to get rid of them came with no guidance from the government.
Deborah Tobias is a member of the Indiana University Health Foundation, and she and her husband committed to a $10 million estate gift to help create the Tobias-Lechleiter Institute for Clinical Innovation at IU Health.
The U.S. air travel disruptions, which hurt both passengers and airlines, are among the most visible examples of how the shutdown is inconveniencing Americans.
A new state law for many public officials mandates reporting every Oct. 1 on travel expenses for trips “taken in an official capacity,” including whether state funding was used to cover costs.
The nonstop route between Indianapolis International Airport and Dublin Airport is on pace to exceed more than 20,000 total passengers by the end of September.
Known for its bright yellow planes and no-frills service, Spirit has had a rough ride since the COVID-19 pandemic, struggling to rebound amid rising operation costs and its mounting debt.