Boeing shares decline as the company begins layoffs amid a major restructuring plan, while projecting strong growth in air ...

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

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

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