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 ...

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

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

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 ...

Earlier this year, we reported on the DEI troubles at Boeing, which an insider described in this way: “DEI is the drop you ...

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 ...