The material innovator has been unable to close a bridge round of funding despite months of work, a spokesperson said.

Textile giant Sri Rejeki Isman (Sritex) has temporarily furloughed 2,500 employees due to a raw material shortage ...

Spirit Airlines is filing for bankruptcy after failed merger talks with Frontier, facing financial losses and upcoming debt ...

Chicago Mayor Brandon Johnson is calling an audible, as he walks back his proposal for a $300 million property tax hike to ...

Mayor Brandon Johnson said he is willing to continue negotiating with City Council members who are working to defeat his $300 ...

Hours after announcing it will receive up to $350 million in advance payments from Boeing, Spirit said it has an updated ...

One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...

Dozens of aldermen called for a special meeting to vote down the mayor's proposed $300 million property tax increase.

In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...

Mayor Brandon Johnson sought to reframe the property tax increase at the center of his $17.3 billion 2025 budget as a ...

Everybody in the building—everybody in the company—knew that there was a safety issue,” one former employee says.

Ultra-low-cost carrier Spirit Airlines is reportedly close to filing for bankruptcy amid a cash crunch and mounting debt. The ...