Spirit Airlines faces possible collapse as $500 million bailout talks stall, with creditors blocking a key government rescue plan.
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Spirit Airlines Shutting Down: Thousands of Jobs Face Devastating Loss Without a Rescue Deal
Spirit Airlines is shutting down, risking travel disruptions and job losses. Major airlines prepare contingency plans, while ticket prices may rise without Spirit's competitive influence.
Car Dealerships 'Terrified' As Tesla's Direct Sales Threaten Industry Future
Tesla's direct sales model is disrupting traditional car dealerships, prompting fears of diminished roles as more automakers adopt this approach, reshaping the automotive industry's future.
Purdue Pharma Faces $5.5B Criminal Sentence for Deceiving Regulators and Boosting Opioid Sales
Purdue Pharma has been sentenced to pay $5.5 billion after pleading guilty to deceiving regulators and fueling the US opioid crisis through aggressive and illegal opioid sales practices.
JBS Faces Lawsuit in Brazil Over Beef Linked to Forced Labor Claims
Brazil's labor prosecutors have sued JBS over claims it bought cattle linked to forced labor, raising major concerns about supply chain oversight in the country's beef industry.
Latest News
The EU moves closer to fining Meta over alleged DSA breaches, citing weak age checks on Facebook and Instagram and risks to underage users online.
American Airlines limits power banks to two per passenger and requires visibility on flights to reduce lithium battery fire risks.
Citadel CEO Ken Griffin criticizes NYC Mayor Zohran Mamdani's viral tax video as a personal attack, raising concerns over business climate.
Disney pauses ESPN spinoff plans as CEO Josh D'Amaro focuses on streaming growth and keeping the sports network in-house.
SpaceX has approved a bold pay package for Elon Musk tied to reaching a $7.5 trillion valuation and building a permanent human colony on Mars.
Thousands of U.S. businesses have had tariff refund claims rejected as a new federal system rolls out under strict rules.
A massive disconnect has emerged between where consumers actually spend their time and where brands allocate their capital. According to Matt Edelman, CEO of Super League, while gaming, social media, and TV streaming now command approximately equal shares of consumer attention, the advertising dollars are not following suit.
Elon Musk testified he warned Barack Obama about AI dangers in 2015 as his massive lawsuit against OpenAI and Sam Altman moves forward.
Panera Bread faces backlash over its Salad Stuffers as employees raise concerns about food waste and product value.
