Spirit Airlines is offering early departure packages to salaried employees. Amid ongoing financial challenges, Spirit Airlines is offering voluntary exit packages to salaried employees to salaried employees, marking the latest cost-cutting strategy by the budget carrier.
Industry
US to Prevent China From Supplying Battery Materials for EVs Set to Receive Billions in Tax Credits
The United States (US) has issued long-awaited guidance that will limit China's role in electric vehicles (EVs).
Apple and Paramount Streaming Bundle Report Spurs Rise in Media Stocks
Media stocks experienced a significant uptick on Friday after a report of Apple and Paramount agreeing to provide a bundled package featuring their respective streaming services.
Germany's Unemployment Rate Rises to Highest Since 2021
Germany is reportedly grappling with an economic slowdown that is now impacting its labor market. Germany, Europe's largest economy, is reportedly grappling with an economic slowdown that is now impacting its labor market.
Nelson Peltz vs. Disney: Billionaire Activist Investor Seeks Multiple Board Seats as He Launches New Proxy Battle
Activist investor Nelson Peltz and his firm Trian Fund Management have reportedly launched a proxy fight with Disney as they aim to secure more than two seats on the board.
Latest News
Elon Musk's Neuralink, a company focused on developing brain implant technology, has secured an additional $43 million in funding.
Amazon has unveiled its latest venture into the world of artificial intelligence (AI) by introducing a new chatbot called Q.
Disney's new film "Wish" did not shine during the Thanksgiving holiday weekend, failing to meet box office analysts' expectations.
Chinese-founded fast-fashion giant Shein has confidentially filed for an initial public offering (IPO) in the United States (US).
President Joe Biden has criticized corporations for maintaining high consumer prices despite a slowdown in the rate of inflation.
Alibaba co-founder Jack Ma, a longstanding figure in China's technology sector, is diversifying his business ventures into the food industry with the establishment of a new company, "Hangzhou Ma's Kitchen Food."
Amid the escalating trade tensions between the United States and China, the impact of the US chip export ban is reportedly taking a toll on Chinese artificial intelligence (AI) startups.
Airlines are adopting new strategies to streamline operations and reduce costs in the highly time-sensitive world of air travel.
Goldman Sachs has identified two healthcare stocks with the potential for substantial gains, reaching up to 130%.
