Tag: bankruptcy
Spirit Airlines files for bankruptcy for 2nd time in less than a year
By The Associated Press Budget carrier Spirit Airlines said Friday that it has filed for fresh bankruptcy protection months after emerging from a Chapter 11 reorganization. CEO Dave Davis said the airline’s previous Chapter 11 petition focused on reducing debt and raising capital, and since exiting that process in March, “it has become clear that…
23andMe Bankruptcy Leaves Troves of Genetic Data at Risk
What 23andMe Bankruptcy Means for Your Genetic Privacy The bankruptcy of 23andMe highlights a lack of protections for genetic privacy in the U.S. By Allison Parshall edited by Jeanna Bryner 23andMe headquarters in Sunnyvale, California. The direct-to-consumer genetic testing company 23andMe has filed for bankruptcy. This means that the fate of its assets—including the genetic…