In a shocking turn of events, Spirit Aviation Holdings Inc. has filed for Chapter 11 bankruptcy for the second time in less than a year. With assets and liabilities ranging from $1 billion to $10 billion, the airline struggles to recover amidst ongoing negotiations with major stakeholders.
Ford CEO Jim Farley cautions that Trump's policies could jeopardize the U.S. auto industry, risking layoffs and economic harm. Find out why his warnings are raising concerns among industry stakeholders.