PRESS DIGEST- New York Times business news - Nov 19

Reuters11-19 14:00

Nov 19 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- Spirit Airlines has filed for bankruptcy protection, the no-frills U.S. travel pioneer said on Monday, after struggling with years of losses, failed merger attempts and heavy debt levels.

- The Associated Press said Monday it was cutting its staff by 8 percent as part of a plan to adapt to fast-changing conditions in the media industry.

- U.S. President-elect Donald Trump said on Monday that he is nominating former Wisconsin Representative and Fox Business News host Sean Duffy to be transportation secretary.

- President Joe Biden urged Congress on Monday to provide nearly $100 billion in "urgently needed" aid for communities ravaged by hurricanes and other disasters in recent months, saying funding for some critical programs has either run out or is nearly exhausted.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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