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What you’ll read?

• American Airlines Tests Boarding Tech to Prevent Line Cutting.

• Delta Sues CrowdStrike Over Costly Technology Outage

• Today in AI & Tech

• Wise CEO Fined by UK Regulators Over Tax Disclosure Failures.

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BUSINESS

Spirit Airlines Rises on Cost-Cutting and Asset Sale Plans.

Spirit Airlines shares rose 16% after announcing plans to cut jobs, sell 23 older Airbus planes for $519 million, and reduce costs by $80 million. This cost-cutting approach comes as the airline struggles to regain profitability post-pandemic amid increased debt and grounded aircraft issues. Spirit is also reducing 2025 capacity, furloughing pilots, and potentially resuming merger talks with Frontier Airlines following JetBlue’s blocked acquisition attempt. CEO Robert Jordan, whose job remains secure, though he faces pressure to enhance the airline's financial performance after a significant drop in third-quarter profits.

American Airlines Tests Boarding Tech to Prevent Line Cutting.

American Airlines is trialing technology at three U.S. airports to reduce line cutting during boarding. When a passenger attempts to board before their assigned group, the system alerts gate agents, who then remind the traveler to wait for their group. Agents can override alerts for passengers traveling with higher-status companions. The airline reports positive initial results, aiming to streamline boarding and enhance priority benefits for travelers.

Dexcom Shares Drop 9% Despite Beating Q3 Expectations.

Dexcom's shares fell 9% after reporting Q3 results that exceeded earnings and revenue expectations but showed a 2% decline in U.S. revenue. The company maintained its fiscal-year guidance at $4 billion to $4.05 billion, following a previous reduction. CEO Kevin Sayer noted improvements in restructuring and sales challenges. Chief Commercial Officer Teri Lawver will retire year-end, with Sayer assuming her role temporarily.

Delta Sues CrowdStrike Over Costly Technology Outage.

Delta Air Lines has sued CrowdStrike, alleging that a flawed update from the cybersecurity firm led to a technology outage in July, resulting in over 7,000 canceled flights and $500 million in losses. Delta claims CrowdStrike failed to test the update properly, while CrowdStrike asserts that Delta misunderstands cybersecurity and seeks to shift blame for its outdated IT infrastructure. The Department of Transportation is investigating Delta’s delayed recovery and customer service issues during the disruption.

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TECH

Today in AI & Tech

AI Brings Brenda Lee’s Classic Christmas Song to Spanish Audiences.

Universal Music Group has released "Noche Buena y Navidad," a Spanish version of Brenda Lee’s 1958 holiday hit "Rockin' Around the Christmas Tree," using SoundLabs' AI technology. Created with Lee’s consent and led by Latin producer Auero Baqueiro, the song preserves the original music and background vocals, with an AI-generated Spanish lead vocal that mirrors Lee’s voice. This project emphasizes ethical AI use, ensuring artist control and consent in creative AI-driven music production.

LinkedIn Expands Free User Verification to Combat AI Misinformation.

To address rising misinformation and fake profiles fueled by AI, LinkedIn has verified over 55 million users at no cost, aiming to reach 100 million by 2025. Verified badges, set to appear on the main feed in November, will help users distinguish real identities amid AI-generated content. LinkedIn uses corporate email verification and government ID submission through partners, providing users with higher visibility and engagement while building a trusted professional community.

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Other

McDonald's Quarter Pounder Returns Amid E. Coli Investigation.

McDonald's will reintroduce its Quarter Pounder burgers to about 900 U.S. locations, excluding slivered onions, after an E. coli outbreak linked to the item led to one death and several hospitalizations. The suspected source, slivered onions, is under investigation, and McDonald's has stopped using supplier Taylor Farms. Affected locations across 13 states will restock the burgers on a rolling basis. McDonald's apologized to customers for the outbreak and assured them contaminated ingredients were removed.

Wise CEO Fined by UK Regulators Over Tax Disclosure Failures.

Kristo Käärmann, Wise’s CEO, was fined £350,000 by the UK Financial Conduct Authority (FCA) for failing to report a tax-related issue, breaching senior management conduct rules. This follows a previous fine from HMRC for overdue tax filings. Wise's board reviewed Käärmann’s conduct and allowed him to continue as CEO after corrective actions. Wise, a pioneer in low-cost international payments, recently reported strong income growth and maintained its long-term profit targets.

Puerto Rican Stars and Voters Condemn Trump’s Rally Remarks

Grammy winners like Bad Bunny and Ricky Martin have denounced remarks at a Trump rally that labeled Puerto Rico a “floating island of garbage.” This backlash comes as Trump and Kamala Harris vie for Latino voters in a tight race, particularly in states with significant Puerto Rican populations like Pennsylvania. Trump’s endorsements from Puerto Rican artists such as Anuel AA have boosted his support among Latino men, but the controversial comments have spurred a bipartisan outcry, challenging his appeal among Puerto Rican communities.

It's a Wrap!

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