Detroit Mayor Mike Duggan announced to city employees that he will not run for mayor again in a meeting at the Coleman A. Young Municipal Center.

JetBlue shares rose as Spirit Airlines faces potential bankruptcy, affecting investor confidence and industry dynamics.

Spirit Airlines stock dropped more than 50% on Wednesday upon news the company may file for bankruptcy. The Wall Street ...

Mike Duggan says the coming year will be his last as Detroit mayor. His announcement comes as many speculate he’s among the ...

Spirit Airlines ( SAVE) stock plunged as much as 64% early Wednesday, the most on record, as the budget airline explores a ...

The Wall Street Journal, citing anonymous sources, reported late Tuesday that the airline was discussing terms of a possible ...

Spirit Airlines Inc.'s stock cratered 55% Wednesday, on track for its biggest-ever one-day decline, after the company warned that its equity would be wiped out as part of a restructuring deal that ...

FILE - A line of Spirit Airlines jets sit on the tarmac at Orlando International Airport on May 20, 2020, in Orlando, Fla.

In the clearest sign yet that bankruptcy is on the itinerary, Spirit Airlines warned early Wednesday that it is preparing for ...

Spirit Airlines is reportedly planning to file for bankruptcy protection in a matter of weeks after revived merger talks with ...

The Miramar, Florida-based discount airline is expected to file for bankruptcy protection from its debts in as little as 10 ...