
[BNews]
Current Articles
Bankrupt US budget airline may be sold to investment firm, report says
A struggling budget airline may soon be sold. That’s the word from CNBC, which reported Thursday that Spirit Airlines is in talks with alternative investment firm Castlelake for a potential takeover. Spirit filed for Chapter 11 bankruptcy protection last August for the second time in a year after its previous turnaround plan failed, warning investors...
Anduril to invest another $1 billion in California with new Long Beach campus
Anduril Industries, one of the leading defense companies in Southern California, will expand in Long Beach with a new $1-billion complex near the city’s airport. Anduril is developing new defense technologies that include drones, missiles, robotic submarines, and autonomous fighter jets. The Long Beach operation will include offices for designer engineers and coders, along with...
Metaverse budget cuts hit Austin as 3 gaming studios shut down
Brandon Hagen (left), a product experience specialist at Meta, demonstrates the company’s Quest 3 virtual reality headset at its downtown Austin offices on Nov. 22, 2023. Earlier this month, Meta announced layoffs across its virtual and augmented reality division as it shifts investment toward its wearables business. At least 100 employees have been laid off after...




