Stock market today: Asian shares trade mixed after Wall Street dips amid dimming rate cut hopes
Asian shares are trading mixed as pessimism spreads among investors about any imminent interest rate cut in the U.S. Japanโs benchmark Nikkei finished little changed Thursday, inching down less than 0.1%.
10 Spirit Airlines passengers hospitalized after battery fire forces flight to make emergency landing in Florida
At least 10 passengers on aย Spirit Airlinesย flight from Dallas to Orlando were taken to the hospital after a battery fire forced the plane to make an emergency landing in Jacksonville on Wednesday, officials said.
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Spirit warns of layoffs; aid for contractors being examined
Separately, key members of Congress said they are investigating aviation contractors that took federal payroll aid and then laid off thousands of workers. Airlines and airline contractors who received cash from a $32 billion pool of federal payroll aid agreed not to lay off workers until Oct. 1. Airline labor unions are lobbying Congress for six more months of federal aid. Some contractors who received money laid off workers anyway, according to three Democrats in the U.S. House of Representatives. At Spirit, the pilots union said it was notified Wednesday that 806 pilots could be furloughed, or terminated with rehiring rights.