Spirit Airlines on Friday again extended a deadline with its credit card processor to renegotiate more than $1 billion in debt.
Category: Business
U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.
Trump calls election case Judge Tanya Chuktan ‘the most evil person’
Donald Trump attacked special counsel Jack Smith and Judge Tanya Chutkan over the public release of documents in his election interference case.
Starbucks taps former Chipotle executive as global chief brand officer
In his first week on the job, CEO Brian Niccol said improving the company’s branding was one of his four priorities to turn around the […]
Embraer CEO says jet maker studying possibilities for a new aircraft
The company is focusing on selling its E2 and regional jets and addressing supply chain issues, the CEO said.
Stellantis to sell, shutter large testing facility amid cost-cutting efforts
Stellantis’ Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona.
Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Spirit AeroSystems had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept. 13.
Tesla faces NHTSA investigation of ‘Full Self-Driving’ after fatal collision
Tesla faces a new U.S. probe concerning its “Full Self-Driving” systems, and whether they are safe to use in “reduced roadway visibility conditions.”
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.
Amazon cloud boss says employees unhappy with 5-day office mandate can leave
Amazon’s cloud boss on Thursday told employees who are unhappy with the company’s new five-day in-office mandate they can leave for other companies.