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

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 ...

He added that this is a result of a soft business performance in Q2 in addition to a weak outlook for Q3 given the quarter ...

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 ...

However, the shortage has been worsened by court-imposed restrictions on factory goods flow. If unresolved, the situation may ...