Bankrupted Spirit Airlines Faces Imminent Liquidation

Poland Won't Stand In The Way Of Ukraine's EU Bid, Despite Relations Hitting Rock Bottom Poland will not obstruct the commencement of negotiations regarding Ukraine's accession to the European Union, but Warsaw remains firmly opposed to granting any preferential treatment to Kyiv, Polish Prime Minister Donald Tusk has told journalists. Relations between the two Eastern European allies have reached crisis-mode of late, after President Volodymyr Zelensky named an elite special operations unit after "UPA Heroes" - to denote a high honor for battlefield performance. For Warsaw, uplifting this name is tantamount to backing the...

"The Value Didn't Arrive": Bain Finds Cost-Savings From AI Are Falling Far Short Of Projections Now that attention within the AI revolution has one again firmly turned toward the cost-benefit equation (i..e., ROI) of tokens (see "From Singularity To Tokenomics: The AI Narrative Just Hit A Serious Snag") in particular, and the trillions behind the AI spending rollout in general, and we say once again because every few months we get some iteration of the following report from Goldman published almost two years ago today... ... we have more bad news: according...

President Trump said on Tuesday that the US would provide insurance and naval escorts for tankers transiting the Strait of Hormuz after Iran’s Islamic Revolutionary Guard Corps (IRGC) declared the waterway was closed, a response to the US and Israeli attack on Iran. “Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) […]